6625 S 40th Way Phoenix, AZ 85042
South Mountain NeighborhoodEstimated Value: $300,000 - $352,000
2
Beds
1
Bath
900
Sq Ft
$367/Sq Ft
Est. Value
Highlights
- No HOA
- Eat-In Kitchen
- Wood Fence
- Covered patio or porch
- Tile Flooring
- Grass Covered Lot
About This Home
As of April 2014JUST 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
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
- Refrigerated Cooling System
- 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
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%
Total Days on Market
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,175
Avg. Annual Appreciation
15.65%
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
Similar Homes in the area
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 |
|---|---|---|---|
| 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
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
-
Seller Co-Listing Agent in 2014
James Roren
Realty One Group
-
Norberto Freydig
Buyer's Agent in 2014
Norberto Freydig
My Home Group Real Estate
(602) 334-5386
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5043518
APN: 123-58-086
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.
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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