NOT LISTED FOR SALE

Estimated Value: $371,000 - $417,000

4 Beds
2 Baths
1,600 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $420,000 $262 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,264/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Covered patio or porch
  • Kitchen Island

About This Home

As of September 2023

**NEW ROOF!** Checkout this newly renovated home that is just minutes from the I10 and E60!! This home features an open floor plan with raised ceilings for a modern look, flushed LED lighting throughout the home, . Backyard has plenty of space to play with. Home is just minutes from Tempe, 5 Minutes from AZ Millz. Upgraded Granite Counter tops on White Shaker cabinets. Both Bathrooms have been upgraded. Wood plank Ceramic Tile through out the home.

Last Listed By

Sergio Torres Orozco

EMG Real Estate License #SA671399000 Listed on: 08/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $739

Year Built

  • Built in 1973

Lot Details

  • 6,584 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Nevitt Elementary School
  • South Valley Jr. High Middle School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Uknown
  • Ponderosa Village Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 342
  • Assessor Parcel Number 123-58-351

Home Details

Home Type

Single Family

Est. Annual Taxes

$739

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 40th St and Southern
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2020
  • Items Updated Floor Yr Updated: 2020
  • Items Updated Kitchen Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2022
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: PONDEROSA VILLAGE UNIT 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1600.0
  • Stories: 2
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Dirt Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration
  • Heating: Electric
  • 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Nevitt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6584.0
  • Parcel #: 123-58-351
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Uknown

Tax Info

  • Tax Annual Amount: 739.0
  • Tax Book Number: 123.00
  • Tax Lot: 342
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Sep 22, 2023
Sold by
Orozco Sergio Armando Torres and Orozco Cristina
Bought by
Bannon John Joseph and Bannon Danielle
Seller's Agent
Sergio Torres Orozco
EMG Real Estate
Buyer's Agent
Trenna Farrell
Real Broker
List Price
$419,500
Sold Price
$420,000
Premium/Discount to List
$500
0.12%
Total Days on Market
6
Views
24
Current Estimated Value
$394,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,405
Avg. Annual Appreciation
-3.65%
Original Mortgage
$412,392
Outstanding Balance
$405,947
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
-$11,352

Purchase Details

Closed on
Mar 28, 2022
Sold by
Torres Orozco Sergio Armando
Bought by
Orozco Sergio Armando Torr and Martinez Cristina De Jesus Esp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2022
Sold by
Torres Orozco Sergio Armando
Bought by
Orozco Sergio Armando Torr and Martinez Cristina De Jesus Esp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 4, 2016
Sold by
The Bank Of New York Mellon
Bought by
Orozco Sergio Armando Torres
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Alberto Ceja Santiago
DeLex Realty
List Price
$142,900
Sold Price
$151,000
Premium/Discount to List
$8,100
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$139,650
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Williams Michael D and Williams Adrienne U
Bought by
The Bank Of New York Mellon and The Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2005
Sold by
Jaudon Robert P
Bought by
Williams Michael D and Williams Adrienne U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,470
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2004
Sold by
Santana Felix and Santana Celia
Bought by
Williams Michael D and Williams Adrienne U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,119
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2000
Sold by
Delgrosso Ralph and Delgrosso Ivana R
Bought by
Santana Felix and Santana Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2000
Sold by
Murden Larry E and Murden Brenda F
Bought by
Delgrosso Ralph and Delgrosso Ivana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
8.25%
Mortgage Type
Seller Take Back

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
Bannon John Joseph $420,000 Empire Title Agency
Orozco Sergio Armando Torr -- --
Orozco Sergio Armando Torr -- --
Orozco Sergio Armando Torres -- Servicelink
The Bank Of New York Mellon $131,200 Great American Title Agency
Williams Michael D -- Valley Title Agency Llc
Williams Michael D $135,000 Equity Title Agency Inc
Santana Felix $107,900 Transnation Title Insurance
Delgrosso Ralph $82,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannon John Joseph $412,392
Previous Owner Orozco Sergio Armando Torr $310,000
Previous Owner Orozco Sergio Armando Torr $310,000
Previous Owner Orozco Sergio Armando Torres $139,650
Previous Owner Williams Michael D $162,750
Previous Owner Williams Michael D $12,349
Previous Owner Williams Michael D $139,470
Previous Owner Williams Michael D $133,119
Previous Owner Santana Felix $107,900
Previous Owner Delgrosso Ralph $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $420,000 +0.1% $263 / Sq Ft
08/21/2023 08/21/23 For Sale $419,500 +177.8% $262 / Sq Ft
09/02/2016 09/02/16 Sold $151,000 +5.7% $95 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $142,900 -- $90 / 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 $665 $7,112 -- --
2024 $767 $6,773 -- --
2023 $767 $23,570 $4,710 $18,860
2022 $739 $18,910 $3,780 $15,130
2021 $746 $17,900 $3,580 $14,320
2020 $722 $15,910 $3,180 $12,730
2019 $709 $13,130 $2,620 $10,510
2018 $691 $12,500 $2,500 $10,000
2017 $668 $11,350 $2,270 $9,080
2016 $573 $8,330 $1,660 $6,670
2015 $540 $6,760 $1,350 $5,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6594343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-58-351