NOT LISTED FOR SALE

2940 N 40th St Unit 118 Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $201,599 - $396,000

3 Beds
2 Baths
1,115 Sq Ft
871 Sq Ft Lot

Highlights

  • Gated Community
  • Granite Countertops
  • Community Pool
  • Phoenix Coding Academy Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of February 2024

***FIRST MONTH'S RENT FREE with a 14 month lease*** This PET FRIENDLY, STUNNING 2 bed/ 2 bath unit in the gorgeous community of Urban Falls is waiting! When entering your fully remodeled condo you will notice upgraded and modern finishes such as luxury vinyl plank flooring, 4'' baseboards, and LED lighting. In the kitchen, the two-tone cabinets, quartz countertops and stainless appliances are sure to please the eye. The spacious bedrooms and sleek, modern bathrooms are a welcome retreat. Let's not forget the walk in closets offering plenty of storage as well as the full size stacked washer and dryer. Each unit comes equipped with ADT security and smart home system. Located in the coveted ARCADIA district, you will love the resort style amenities including community pool,

Last Agent to Rent the Property

Cristy Holmes

Mosaic Property Management License #SA684564000 Listed on: 01/10/2024

Last Renter's Agent

Cristy Holmes

Home Ladder License #SA684564000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $331

Year Built

  • Built in 1963

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Creighton Elementary School
  • Monte Vista Elementary Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 1/10/24
  • $225 Move-In Fee
  • Rent includes water, sewer
  • 12-Month Minimum Lease Term
  • $55 Application Fee
  • Tax Lot 118
  • Assessor Parcel Number 127-21-172

Community Details

Overview

  • No Home Owners Association
  • Urban Falls Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$331

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Rent Includes: Water, Sewer
  • Available Date: 2024-01-10

Listing Details

  • Cross Street: 40th Street South of Indian School Road
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1963
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 4.5
  • Initial Move In Costs Admin Fee: 225.0
  • Initial Move In Costs Application Fee: 55.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Indian School Road, head south on 40th Street to Property on west side of street
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: URBAN FALLS
  • Property Attached Yn: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1115.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:Granite Countertops: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Laundry Features:In Unit: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Synthetic Grass Frnt, Synthetic Grass Back, Natural Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Unit, Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size Sq Ft: 652.0
  • Parcel #: 127-21-172

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 127.00
  • Tax Lot: 118
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Clinton Shopette Lllp
Bought by
Roosevelt Manor Llc
Current Estimated Value
$286,150

Purchase Details

Closed on
Feb 8, 2022
Sold by
Gre Building Llc and Arcmod40 Llc
Bought by
Clinton Shopette Lllp

Purchase Details

Closed on
May 29, 2019
Sold by
27 Palms Apartments Llc
Bought by
Gre Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,617,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 2012
Sold by
Az Opp Tahiti Lllp
Bought by
Ahgey Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 28, 2011
Sold by
Tp Llc
Bought by
Az Opp Tahiti Lllp

Purchase Details

Closed on
Jan 28, 2010
Sold by
Neminsky Michael S and Neminsky Arlene C
Bought by
T P Llc

Purchase Details

Closed on
Feb 4, 2009
Sold by
New Tahiti Palms Condominium Llc
Bought by
Neminsky Michael S and Neminsky Arlene C
Source: Public Records

Range of Values:

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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
Roosevelt Manor Llc $8,500,000 Old Republic Title Agency
Clinton Shopette Lllp $9,000,000 Old Republic Title
Gre Building Llc $5,167,000 Old Republic Natl Com Ttl Sv
Ahgey Edward H $1,050,000 Grand Canyon Title Agency In
Az Opp Tahiti Lllp $432,000 Chicago Title
T P Llc $10,000 Stewart Title & Trust Of Pho
Neminsky Michael S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gre Building Llc $3,617,000
Previous Owner 27 Palms Apartments Llc $2,800,000
Previous Owner Ahgey Edward H $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Rented $1,650 0.0% --
02/01/2024 02/01/24 Under Contract -- -- --
01/24/2024 01/24/24 Price Changed $1,650 -5.4% $1 / Sq Ft
01/19/2024 01/19/24 Price Changed $1,745 -12.5% $2 / Sq Ft
01/10/2024 01/10/24 For Rent $1,995 -- --
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 $331 $2,544 -- --
2024 $327 $2,423 -- --
2023 $327 $12,920 $3,010 $9,910
2022 $314 $11,620 $2,710 $8,910
2021 $322 $10,490 $2,450 $8,040
2020 $314 $7,510 $1,750 $5,760
2019 $312 $5,380 $1,070 $4,310
2018 $305 $4,550 $910 $3,640
2017 $294 $4,410 $880 $3,530
2016 $282 $3,520 $700 $2,820
2015 $262 $2,680 $530 $2,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2024

    Cristy Holmes

    Mosaic Property Management

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6648501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-21-172

Arizona Maricopa County Phoenix 85018 Camelback East Village

2940 N 40th St Unit 118, Phoenix, AZ

This home is located at 2940 N 40th St Unit 118, Phoenix, AZ 85018 since 10 January 2024 and is currently priced at $286,150. This property was built in 1963. 2940 N 40th St Unit 118 is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, Camelback High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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