NOT LISTED FOR SALE

6625 S 40th Way Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $282,000 - $369,000

2 Beds
1 Bath
900 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $65,000 $72 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,798/month

80 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Air
  • Covered Patio or Porch
  • Tile Flooring
  • Wood Fence

About This Home

As of April 2014

JUST REDUCED ......FIX UP OPPORTUNITY!!!: NO HOA: Make this home your own! This 2 bedroom 1 bath home features and open floor plan and sits on a good size lot. This home is located close to downtown, shopping and the airport. Financing is available to assist in renovation. This home needs TLC but is a steal for the right buyer.

Last Agent to Sell the Property

Andrea Roren

Realty Central LLC License #BR546554000 Listed on: 12/17/2013

Co-Listed By

James Roren

Realty ONE Group License #SA636459000

Last Buyer's Agent

Norberto Freydig

My Home Group Real Estate License #SA574977000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $329

Year Built

  • Built in 1973

Lot Details

  • 6,003 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • University Meadows Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 123-58-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$329

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Baseline/40th St.
  • Legal Info Range: 4E
  • 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 Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2013
  • Directions: South on Baseline to Vineyard: West on Vineyard to 40th Way: North on 40th Way to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: recl01
  • Co List Office Phone: 602-405-0685
  • Subdivision Name: University Meadows
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 900.0
  • Stories: 1

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: 6003.0
  • Parcel #: 123-58-086

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 329.34
  • Tax Book Number: 123.00
  • Tax Lot: 86
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2013
Closed on
Mar 27, 2014
Sold by
Fannie Mae
Bought by
Martinez Ortiz Mariano and Curiel Saavedra Erika
Seller's Agent
Andrea Roren
Realty Central LLC
Buyer's Agent
Norberto Freydig
My Home Group Real Estate
List Price
$95,000
Sold Price
$65,000
Premium/Discount to List
-$30,000
-31.58%
Current Estimated Value
$332,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,144
Avg. Annual Appreciation
15.21%
Original Mortgage
$45,500
Outstanding Balance
$34,974
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,201

Purchase Details

Closed on
Nov 20, 2013
Sold by
York Robert and York Jacqueline
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 23, 2002
Sold by
Jimenez Graciela R
Bought by
York Robert and York Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,517
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

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
Martinez Ortiz Mariano -- Servicelink
Federal National Mortgage Association $124,571 None Available
York Robert $88,300 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ortiz Mariano $45,500
Previous Owner York Robert $122,500
Previous Owner York Robert $7,000
Previous Owner York Robert $87,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2014 04/02/14 Sold $65,000 -6.5% $72 / Sq Ft
03/31/2014 03/31/14 Price Changed $69,500 0.0% $77 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/25/2014 02/25/14 Price Changed $69,500 -9.7% $77 / Sq Ft
01/20/2014 01/20/14 Price Changed $77,000 -18.9% $86 / Sq Ft
12/17/2013 12/17/13 For Sale $95,000 -- $106 / 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 $525 $4,835 -- --
2024 $522 $4,605 -- --
2023 $522 $21,480 $4,290 $17,190
2022 $502 $16,910 $3,380 $13,530
2021 $507 $14,030 $2,800 $11,230
2020 $491 $12,250 $2,450 $9,800
2019 $482 $9,920 $1,980 $7,940
2018 $470 $9,170 $1,830 $7,340
2017 $454 $8,110 $1,620 $6,490
2016 $451 $5,780 $1,150 $4,630
2015 $423 $4,800 $960 $3,840
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrea Roren

    Realty Central LLC

  • J

    Seller Co-Listing Agent in 2014

    James Roren

    Realty One Group

    Section Image
  • Norberto Freydig

    Buyer's Agent in 2014

    Norberto Freydig

    My Home Group Real Estate

    (602) 334-5386

    29 Total Sales

    Norberto Freydig
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5043518

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-58-086

Arizona Maricopa County Phoenix 85042 South Mountain

6625 S 40th Way, Phoenix, AZ

This home is located at 6625 S 40th Way, Phoenix, AZ 85042 since 17 December 2013 and is currently estimated at $332,144, approximately $369 per square foot. This property was built in 1973. 6625 S 40th Way is a home located in Maricopa County with nearby schools including Nevitt Elementary School, Geneva Epps Mosley Middle School, and Tempe 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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