NOT LISTED FOR SALE

5646 S 40th Place Unit 6 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $332,000 - $367,000

3 Beds
2 Baths
1,334 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $125,000 $94 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,910/month

210 Days on Market

Highlights

  • No HOA
  • Breakfast Bar
  • Outdoor Storage
  • Solar Screens
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2014

** ANOTHER CPLC NSP2 OPPORTUNITY ** Open floor plan with living & family rooms. Breakfast Bar & dining room with sliding glass doors that lead to backyard, large kitchen with plenty of cabinets, inside laundry room.
updated tile, carpet, fixtures.
Buyer must comply with NSPII program guidelines, obtain a Home Buyer Certification with a HUD certified counselor.

Last Agent to Sell the Property

Cece San Diego

NextHome Locations License #BR034086000 Listed on: 09/06/2013

NextHome Locations

Last Buyer's Agent

Monica Gomez-Murrieta

Equity Realty Group, LLC License #SA632056000

Equity Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $593

Year Built

  • Built in 1979

Lot Details

  • 8,063 Sq Ft Lot
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Nevitt Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Knoell Garden Groves Subdivision

Listing and Financial Details

  • Tax Lot 252
  • Assessor Parcel Number 123-16-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$593

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: 40TH STREET / SOUTHERN
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2012
  • Directions: FROM SOUTHERN GO NORTH ON 40TH STREET TO SUNLAND, TURN RIGHT, THEN TURN RIGHT AGAIN ON 40TH PLACE. GO SOUTH TO PROPERTY.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: KNOELL GARDEN GROVES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1334.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • 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 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: Nevitt Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8063.0
  • Parcel #: 123-16-076
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 593.26
  • Tax Book Number: 123.00
  • Tax Lot: 252
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jun 17, 2014
Sold by
Cplc Holding & Asset Management Company
Bought by
Ruiz Gabrielle N
Seller's Agent
Cece San Diego
NextHome Locations
Buyer's Agent
Monica Gomez-Murrieta
Equity Realty Group, LLC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Total Days on Market
210
Current Estimated Value
$347,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,669
Avg. Annual Appreciation
9.77%
Original Mortgage
$76,058
Outstanding Balance
$59,110
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$288,559

Purchase Details

Closed on
Jul 26, 2012
Sold by
The Bank Of New York Mellon
Bought by
Cplc Holding & Asset Management Company

Purchase Details

Closed on
Aug 4, 2011
Sold by
Lopez Arturo Rizo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 8, 2007
Sold by
Mcgee Faye Katherine
Bought by
Lopez Arturo Rizo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
9.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1994
Sold by
Gardanier Lawrence F and Fuller Jack T
Bought by
Mcgee Faye Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,714
Interest Rate
8.78%
Mortgage Type
FHA
Source: Public Records

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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
Ruiz Gabrielle N $121,000 First American Title
Cplc Holding & Asset Management Company $48,600 First American Title Ins Co
The Bank Of New York Mellon $45,675 First American Title
Lopez Arturo Rizo $218,500 Camelback Title Agency Llc
Mcgee Faye Katherine $59,950 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Gabrielle N $76,058
Closed Ruiz Gabreille N $25,000
Closed Ruiz Gabrielle N $15,000
Previous Owner Lopez Arturo Rizo $174,800
Previous Owner Lopez Arturo Rizo $43,700
Previous Owner Mcgee Faye Katherine $140,500
Previous Owner Mcgee Faye Katherine $15,000
Previous Owner Mcgee Faye Katherine $112,800
Previous Owner Mcgee Faye Katherine $59,714
Closed Cplc Holding & Asset Management Company $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $125,000 0.0% $94 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
02/25/2014 02/25/14 Price Changed $125,000 -3.8% $94 / Sq Ft
09/25/2013 09/25/13 For Sale $130,000 0.0% $97 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $130,000 -- $97 / 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 $776 $8,297 -- --
2024 $771 $7,902 -- --
2023 $771 $22,080 $4,410 $17,670
2022 $739 $17,120 $3,420 $13,700
2021 $756 $16,100 $3,220 $12,880
2020 $730 $14,750 $2,950 $11,800
2019 $716 $13,120 $2,620 $10,500
2018 $697 $13,070 $2,610 $10,460
2017 $672 $10,770 $2,150 $8,620
2016 $668 $8,500 $1,700 $6,800
2015 $630 $6,820 $1,360 $5,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4995227

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-16-076