NOT LISTED FOR SALE

2928 N 40th Ln Phoenix, AZ 85019

Maryvale Neighborhood

Estimated Value: $324,000 - $350,000

3 Beds
2 Baths
1,531 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $165,000 $108 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,808/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • High Speed Internet
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • 5-minute walk to Ladmo Park

About This Home

As of May 2018

Fantastic opportunity on a 4 bed 2 bath home with an RV gate, large yard and a lot of room. This home is priced to sell and won't last long.

Last Agent to Sell the Property

Matthew Broek

Coldwell Banker Realty License #SA584804000 Listed on: 04/09/2018

Coldwell Banker Realty

Last Buyer's Agent

Fabiola Aboyte

HomeSmart License #SA648127000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1958

Lot Details

  • 7,261 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • 3 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Isaac E IMES Elementary School
  • Pueblo Elementary Middle School
  • Alhambra High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Maryvale Terrace 7 Lts 3918 3921, 3934 4046 Subdivision

Listing and Financial Details

  • Tax Lot 3929
  • Assessor Parcel Number 107-38-122

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 43rd Ave & Thomas
  • Legal Info Range: 2E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: MARYVALE TERRACE 7 LTS 3918-3921, 3934-4046
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • General Property Description:PriceSqFt: 107.77
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1531.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Isaac E Imes School
  • High School: Alhambra High School
  • Middle Or Junior School: Pueblo Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7261.0
  • Parcel #: 107-38-122
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Book Number: 107.00
  • Tax Lot: 3929
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 8, 2018
Sold by
Scar Investments Llc
Bought by
Cancinos Denis
Seller's Agent
Matthew Broek
Coldwell Banker Realty
Buyer's Agent
Fabiola Aboyte
HomeSmart
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$332,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,481
Avg. Annual Appreciation
9.68%
Original Mortgage
$160,050
Outstanding Balance
$137,935
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$194,546

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 4, 2018
Sold by
Cancinos Denis
Bought by
Cancinos Denis and Cancinos Ziola Esperanza
Seller's Agent
Matthew Broek
Coldwell Banker Realty
Buyer's Agent
Fabiola Aboyte
HomeSmart
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Outstanding Balance
$137,935
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$194,546

Purchase Details

Closed on
Oct 19, 2010
Sold by
Borgerson Scott J and Parker Fallin J
Bought by
Scar Investments Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Parker Stephanie Ann
Bought by
Parker Fallin J

Purchase Details

Closed on
Feb 9, 2009
Sold by
Vargas Elizabeth and Vargas Luis A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 14, 2005
Sold by
Vargas Elizabeth
Bought by
Vargas Luis A and Vargas Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,800
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2004
Sold by
Byrd James M
Bought by
Hernandez Otto Felipe and Quintana Katia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2004
Sold by
Nbi Llc
Bought by
Byrd James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 2004
Sold by
Hernandez Leonard and Hernandez Evangelina
Bought by
Nbi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 1996
Sold by
Hernandez Evangelina
Bought by
Hernandez Leonard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cancinos Denis $165,000 Chicago Title Agency Inc
Cancinos Denis -- Accommodation
Cancinos Denis -- Chicago Title Agency
Scar Investments Llc -- None Available
Parker Fallin J -- First American Title Ins Co
Borgerson Scott J $47,000 First American Title Ins Co
Federal Home Loan Mortgage Corp $30,000 None Available
Vargas Luis A -- Dhi Title Of Arizona Inc
Vargas Elizabeth -- Dhi Title Of Arizona Inc
Vargas Elizabeth $149,000 Dhi Title Of Arizona Inc
Hernandez Otto Felipe -- Westland Title Agency Of Az
Byrd James M -- Westland Title Agency Of Az
Byrd James M $85,000 --
Nbi Llc $83,500 --
Hernandez Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cancinos Denis $160,050
Closed Cancinos Denis $4,802
Previous Owner Vargas Elizabeth $29,800
Previous Owner Vargas Elizabeth $119,200
Previous Owner Hernandez Otto Felipe $97,600
Previous Owner Byrd James M $78,750
Previous Owner Nbi Llc $75,150
Closed Hernandez Otto Felipe $24,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $165,000 0.0% $108 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $165,000 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $704 $4,798 -- --
2024 $695 $4,569 -- --
2023 $695 $22,110 $4,420 $17,690
2022 $659 $16,680 $3,330 $13,350
2021 $632 $13,670 $2,730 $10,940
2020 $618 $12,660 $2,530 $10,130
2019 $605 $10,850 $2,170 $8,680
2018 $641 $10,080 $2,010 $8,070
2017 $700 $8,280 $1,650 $6,630
2016 $678 $6,710 $1,340 $5,370
2015 $627 $6,030 $1,200 $4,830
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matthew Broek

    Coldwell Banker Realty

    (602) 486-0595

    29 Total Sales

    Matthew Broek
    Section Image

  • F

    Buyer's Agent in 2018

    Fabiola Aboyte

    HomeSmart

    (602) 299-1636

    9 in this area

    182 Total Sales

    Fabiola Aboyte
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5749059

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-38-122

Arizona Maricopa County Phoenix 85019 Maryvale

2928 N 40th Ln, Phoenix, AZ

Not Listed for Sale

Detached

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Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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