5616 S 40th Place Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $297,775 - $388,000
--
Bed
2
Baths
1,597
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 5616 S 40th Place, Phoenix, AZ 85040 and is currently estimated at $348,444, approximately $218 per square foot. 5616 S 40th Place is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 1997
Sold by
Diaz Matias G and Diaz Julian A
Bought by
Torres Reynaldo L and Nava Shelly Y
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,926
Interest Rate
7.91%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Torres Reynaldo L | $75,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Torres Reynaldo L | $217,591 | |
Closed | Torres Reynaldo L | $47,705 | |
Closed | Torres Reynaldo L | $152,595 | |
Closed | Torres Reynaldo L | $73,926 |
Source: Public Records
Tax History Compared to Growth
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 | $881 | $9,426 | -- | -- |
2024 | $875 | $8,977 | -- | -- |
2023 | $875 | $23,420 | $4,680 | $18,740 |
2022 | $839 | $18,360 | $3,670 | $14,690 |
2021 | $859 | $17,430 | $3,480 | $13,950 |
2020 | $829 | $16,080 | $3,210 | $12,870 |
2019 | $813 | $14,370 | $2,870 | $11,500 |
2018 | $791 | $14,480 | $2,890 | $11,590 |
2017 | $764 | $12,120 | $2,420 | $9,700 |
2016 | $759 | $9,620 | $1,920 | $7,700 |
2015 | $715 | $7,600 | $1,520 | $6,080 |
Source: Public Records
Map
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