NOT LISTED FOR SALE

5040 N 40th Ave Phoenix, AZ 85019

Alhambra Neighborhood

Estimated Value: $188,354 - $214,000

2 Beds
1 Bath
924 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $125,000 $135 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,134/month

About This Home

As of June 2021

Wow! Absolutely gorgeous remodeled Phoenix 2/1 townhouse with wood-like plank floorings, fresh interior neutral paint, updated kitchen with like new appliances, premium corner unit, spacious Livingroom transition flow, oversized dual upper-level bedrooms, private courtyard with storage, off-street parking, tranquil walking paths, nearby schools, breathtaking mountain views, great location and more!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Michelle Bui
Bought by
Bui Michelle
Current Estimated Value
$199,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$119,089
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$80,362

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 4, 2021
Sold by
Nguyen Julie
Bought by
Bui Dang
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
David Hulka
West USA Realty
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 27, 2021
Sold by
Chaclem Llc
Bought by
Bui Michelle and Bui Dang
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
David Hulka
West USA Realty
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2018
Sold by
Immo Global Llc
Bought by
Chaclem Llc

Purchase Details

Closed on
Mar 24, 2018
Sold by
Brooks Investments Properties Ii Llc
Bought by
Immo Global Llc

Purchase Details

Closed on
Nov 29, 1994
Sold by
Hud
Bought by
Brooks Brandon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,139
Interest Rate
9.08%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1994
Sold by
Federal National Mortgage Association
Bought by
Hud

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bui Michelle -- Grand Canyon Title
Bui Dang -- Fidelity Natl Ttl Agcy Inc
Bui Michelle $125,000 Fidelity Natl Ttl Agcy Inc
Chaclem Llc $82,000 American Title Service Agenc
Immo Global Llc $342,818 American Title Service Agenc
Brooks Brandon R -- --
Hud -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bui Michelle $123,750
Previous Owner Bui Michelle $100,000
Previous Owner Brooks Brandon R $13,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Rented $1,295 0.0% --
04/14/2023 04/14/23 Price Changed $1,295 -7.2% $1 / Sq Ft
04/06/2023 04/06/23 For Rent $1,395 0.0% --
06/07/2021 06/07/21 Sold $125,000 -3.5% $135 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $129,500 -- $140 / Sq Ft

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 $338 $2,356 -- --
2024 $340 $2,244 -- --
2023 $340 $10,760 $2,150 $8,610
2022 $335 $8,160 $1,630 $6,530
2021 $338 $7,410 $1,480 $5,930
2020 $325 $6,410 $1,280 $5,130
2019 $321 $4,570 $910 $3,660
2018 $296 $3,620 $720 $2,900
2017 $293 $3,060 $610 $2,450
2016 $280 $2,660 $530 $2,130
2015 $265 $2,620 $520 $2,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dominic Arnold

    AZ Prime Property Management

    (480) 449-6632

    21 in this area

    136 Total Sales

    Dominic Arnold
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • David Hulka

    Buyer's Agent in 2021

    David Hulka

    West USA Realty

    (480) 326-9069

    Section Image
  • Shawn Rogers

    Buyer Co-Listing Agent in 2021

    Shawn Rogers

    West USA Realty

    (480) 313-7031

    7 in this area

    489 Total Sales

    Shawn Rogers
    Section Image
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Map

Arizona Maricopa County Phoenix 85019 Alhambra

5040 N 40th Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 5040 N 40th Ave, Phoenix, AZ 85019 and is currently estimated at $199,451, approximately $215 per square foot. 5040 N 40th Ave is a home located in Maricopa County with nearby schools including Sevilla Elementary School East, Sevilla Elementary School West, and Alhambra High School.

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.

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