NOT LISTED FOR SALE

2944 N 40th Dr Phoenix, AZ 85019

Maryvale Neighborhood

Estimated Value: $307,000 - $371,000

3 Beds
2 Baths
1,454 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $85,000 $58 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,964/month

18 Days on Market

Highlights

  • No HOA
  • Wood Fence
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of January 2014

SHORT SALE, NEEDS BANK APPROVAL

Last Agent to Sell the Property

Margie Wilkins

Equity Realty Group, LLC License #SA574728000 Listed on: 07/19/2013

Equity Realty Group, LLC

Last Buyer's Agent

Randy Anaya

Equity Realty Group, LLC License #SA034330000

Equity Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1958

Lot Details

  • 7,910 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Pueblo Del Sol Middle School
  • Alhambra High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Maryvale Terrace Subdivision

Listing and Financial Details

  • Tax Lot 3956
  • Assessor Parcel Number 107-39-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$515

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 43 AVE & THOMAS RD
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1958
  • Tax Year: 2012
  • Directions: WEST ON THOMAS RD TO 40 DR NORTH TO PROPERTY
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: MARYVALE TERRACE
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1454.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Pueblo Del Sol Middle School
  • High School: Alhambra High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Pueblo Del Sol Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7910.0
  • Parcel #: 107-39-026
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 514.8
  • Tax Book Number: 107.00
  • Tax Lot: 3956
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Az Low Tight Properties1 Llc
Bought by
Phoenix Property Management 5 Llc
Current Estimated Value
$340,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,900,000
Outstanding Balance
$8,610,182
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$8,277,066

Purchase Details

Closed on
Feb 3, 2022
Sold by
Residential Property Investment And Mana
Bought by
Phoenix Property Management 5 Llc

Purchase Details

Closed on
Jan 31, 2022
Sold by
Residential Property Investment And Mana
Bought by
Phoenix Property Management 5 Llc

Purchase Details

Closed on
Aug 8, 2014
Sold by
Residential Property Investment & Manage
Bought by
Az Low Tight Properties 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,095,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jan 17, 2014
Sold by
Sierra Javier Hernandez and Hernandez Concepcion
Bought by
Residential Property Investment & Manage
Seller's Agent
Margie Wilkins
Equity Realty Group, LLC
Buyer's Agent
Randy Anaya
Equity Realty Group, LLC
List Price
$50,000
Sold Price
$85,000
Premium/Discount to List
$35,000
70%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$100,000
Interest Rate
4.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 5, 1996
Sold by
Whetstone Ervin J and Whetstone Nancy Lee
Bought by
Hernandez Javier and Hernandez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,050
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Phoenix Property Management 5 Llc -- Dhi Title
Phoenix Property Management 5 Llc -- None Listed On Document
Phoenix Property Management 5 Llc -- None Listed On Document
Az Low Tight Properties 1 Llc -- Grand Canyon Title Agency In
Residential Property Investment & Manage $85,000 Dhi Title Agency
Hernandez Javier $59,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phoenix Property Management 5 Llc $8,900,000
Previous Owner Az Low Tight Properties 1 Llc $2,095,000
Previous Owner Hernandez Javier $56,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $85,000 +70.0% $58 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $50,000 -- $34 / 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 $1,882 $11,492 -- --
2024 $1,836 $10,944 -- --
2023 $1,836 $23,860 $4,770 $19,090
2022 $1,751 $17,980 $3,590 $14,390
2021 $1,745 $14,810 $2,960 $11,850
2020 $1,713 $13,810 $2,760 $11,050
2019 $1,683 $11,910 $2,380 $9,530
2018 $739 $10,420 $2,080 $8,340
2017 $735 $8,580 $1,710 $6,870
2016 $712 $6,950 $1,390 $5,560
2015 $658 $6,270 $1,250 $5,020
Source: Public Records

Agents Affiliated with this Home

  • Margie Wilkins

    Seller's Agent in 2014

    Margie Wilkins

    Equity Realty Group, LLC

    (602) 620-8218

    3 in this area

    54 Total Sales

    Margie Wilkins
    Section Image

  • R

    Buyer's Agent in 2014

    Randy Anaya

    Equity Realty Group, LLC

    (602) 692-6554

    15 Total Sales

    Randy Anaya
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4979875

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-39-026

Arizona Maricopa County Phoenix 85019 Maryvale

2944 N 40th Dr, Phoenix, AZ

This home is located at 2944 N 40th Dr, Phoenix, AZ 85019 since 19 July 2013 and is currently estimated at $340,935, approximately $234 per square foot. This property was built in 1958. 2944 N 40th Dr is a home located in Maricopa County with nearby schools including Pueblo Del Sol Middle School, Alhambra 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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