NOT LISTED FOR SALE
3 Beds
2.5 Baths
2,344 Sq Ft
0.73 Acres

Last Sold September 22, 2021

Last sale price $1,750,000 $747 Per Sq Ft

Highlights

  • 0.73 Acre Lot
  • No HOA
  • Stone Flooring
  • Hopi Elementary School Rated A
  • Wood Frame Window
  • 1-Story Property

About This Home

As of September 2021

This home is located at 4702 N 40th Place, Phoenix, AZ 85018 since 20 September 2021. This property was built in 1956. 4702 N 40th Place is a home located in Maricopa County with nearby schools including Hopi Elementary School, Ingleside Middle School, and Arcadia High School.

Last Listed By

Michael Purcell

HomeSmart License #SA021337000 Listed on: 09/20/2021

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,208

Year Built

  • Built in 1956

Lot Details

  • 0.73 Acre Lot
  • Desert faces the back of the property
  • Block Wall Fence

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,344 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Family Room with Fireplace

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 171-17-021

Community Details

Overview

  • No Home Owners Association
  • Hacienda Granada Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,208

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1956
  • Tax Year: 2021
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.73
  • Subdivision Name: Hacienda Granada
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 2344.0
  • Stories: 1
  • Window Features: Wood Frames
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block, Slump Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31943.0
  • Parcel #: 171-17-021
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 6208.0
  • Tax Book Number: 171.00
  • Tax Lot: 131
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Emery Lane Homes 401 Llc
Bought by
Michael And Karin Mcareavy Living Family Trus
Total Days on Market
0

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$789,416
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2022
Sold by
Emery Lane Homes 401 Llc
Bought by
Emery Lane Homes 401 Llc

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 21, 2021
Sold by
Wells Frederick Clinton and Wells Christopher James
Bought by
Emery Lane Homes 401 Llc
Seller's Agent
Michael Purcell
HomeSmart
Buyer's Agent
Mark Reckling
Reckling Real Estate
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2004
Sold by
Wells Frederick Clinton
Bought by
Wells Frederick Clinton and Wells Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,200
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 23, 2004
Sold by
Wells Elizabeth Ann
Bought by
Wells Frederick Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,200
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 19, 1999
Sold by
Wells Frederick Clinton
Bought by
Wells Frederick Clinton and Wells Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.86%

Purchase Details

Closed on
Sep 10, 1999
Sold by
Wells Elizabeth Ann
Bought by
Wells Frederick Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.86%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Mayer Elaine W
Bought by
Wells Frederick Clinton and Wells Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
9.23%
Mortgage Type
New Conventional

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
Michael And Karin Mcareavy Living Family Trus $1,225,000 Arizona Premier Title
Emery Lane Homes 401 Llc -- None Listed On Document
Emery Lane Homes 401 Llc $1,750,000 Arizona Premier Title
Wells Frederick Clinton -- Capital Title Agency Inc
Wells Frederick Clinton -- Capital Title Agency Inc
Wells Frederick Clinton -- Capital Title Agency
Wells Frederick Clinton -- Capital Title Agency Inc
Wells Frederick Clinton $167,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael And Karin Mcareavy Living Family Trus $825,000
Previous Owner Emery Lane Homes 401 Llc $1,625,000
Previous Owner Wells Frederick Clinton $240,900
Previous Owner Wells Frederick Clinton $406,200
Previous Owner Wells Frederick Clinton $266,250
Previous Owner Wells Frederick Clinton $272,000
Previous Owner Wells Frederick Clinton $133,600
Closed Wells Frederick Clinton $135,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $1,750,000 0.0% $747 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,750,000 -- $747 / 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
2023 $6,208 $99,250 $19,850 $79,400
2022 $6,208 $76,710 $15,340 $61,370
2021 $6,208 $71,400 $14,280 $57,120
2020 $6,139 $72,300 $14,460 $57,840
2019 $5,729 $65,050 $13,010 $52,040
2018 $5,531 $62,410 $12,480 $49,930
2017 $5,599 $62,880 $12,570 $50,310
2016 $5,439 $63,970 $12,790 $51,180
2015 $4,936 $63,820 $12,760 $51,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6295900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-17-021