$138,600
SOLD NOV 21, 2012

7001 S 40th Ln Phoenix, AZ 85041

Laveen Neighborhood
3 Beds
2.5 Baths
2,061 Sq Ft
4,522 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

16% Below List Price

20 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of December 2014

LARGE CORNER LOT WITH GRASSY PARK ACROSS THE STREET. SPACIOUS LIVING AREAS AND ENORMOUS CLOSETS WITH UPGRADES GALORE WINDOW COVERINGS, UPGRADED CARPET, RAISED PANEL DOORS, 9FT CEILINGS, OPEN STAIR CASE, UPSTAIRS LAUNDRY, CEILING FANS, DBLPANE WINDOWS, KITCHEN HAS RAISTED OAK CABINETS, LARGE PANTY, SMOOTH TOP STOVE, AND BUILD-IN MICROWAVE AND NEW DISHWASHER. MASTER HAS HIS/HERS CLOSETS, MASTER BATH HAS SEPARATE SHOWER AND OVERSIZED CORNER TUB. BRICK PATIO WITH BBQ Area.ALL OFFERS MUST BE SUBMITTED ONLINE

Last Agent to Sell the Property

Tina and Ron Waggoner

West USA Realty License #BR109409000 Listed on: 10/05/2012

West USA Realty

Co-Listed By

Arthur Adams

West USA Realty License #SA022004000

Last Buyer's Agent

Dean Shallberg

Mandalay Homes Realty LLC License #BR641377000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 2002

Lot Details

  • 4,522 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,061 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Laveen Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • City Property Association, Phone Number (602) 437-4777
  • Built by Trend
  • Arlington Estates Subdivision

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number 105-89-391

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,099

Year Built

Built in 2002

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Cross Street: 51st Ave/Baseline
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 69.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2002
  • Tax Year: 2012
  • Directions: East on Baseline to 39th Ave North to Maldonado Rd west to 40th Lane.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: wusa05
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: Arlington Estates
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 69.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2061.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Front, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 69.0
  • Association Fee Frequency: Monthly
  • Association Name: City Property
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4522.0
  • Parcel #: 105-89-391
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Trend

Tax Info

  • Tax Annual Amount: 1099.0
  • Tax Book Number: 105.00
  • Tax Lot: 207
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Dec 18, 2014
Sold by
Mandalay Communities Inc
Bought by
Davis Maria De Lourdes
Seller's Agent
Claudia Schulz
DRH Properties Inc
Buyer's Agent
Timothy Lass
Coldwell Banker Realty
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$382,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,824
Avg. Annual Appreciation
8.75%
Original Mortgage
$120,375
Outstanding Balance
$92,342
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$290,482

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 13, 2012
Sold by
Fannie Mae
Bought by
Mandalay Communites Inc
Seller's Agent
Tina and Ron Waggoner
West USA Realty
Buyer's Agent
Dean Shallberg
Mandalay Homes Realty LLC
List Price
$165,500
Sold Price
$138,600
Premium/Discount to List
-$26,900
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$139,649
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2012
Sold by
Breedlove David and Odonnell Kellie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2006
Sold by
Novak Claudia
Bought by
Breedlove David and Odonnell Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Key Construction Inc
Bought by
Novak Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $155,000 Chicago Title Agency Inc
Special Warranty Deed $138,600 Chicago Title Agency Inc
Trustee Deed $216,051 First American Title
Warranty Deed $244,900 First American Title Ins Co
Special Warranty Deed $145,110 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,375 New Conventional
Previous Owner $139,649 New Conventional
Previous Owner $245,000 Purchase Money Mortgage
Previous Owner $130,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2014 12/24/14 Sold $155,000 0.0% $75 / Sq Ft
10/25/2014 10/25/14 Rented $995 0.0% --
10/08/2014 10/08/14 Under Contract -- -- --
09/16/2014 09/16/14 For Rent $995 0.0% --
08/18/2014 08/18/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $155,000 0.0% $75 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $155,000 +11.8% $75 / Sq Ft
11/21/2012 11/21/12 Sold $138,600 -16.3% $67 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $165,500 -- $80 / 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 $1,758 $12,643 -- --
2024 $1,725 $12,041 -- --
2023 $1,725 $28,120 $5,620 $22,500
2022 $1,673 $20,920 $4,180 $16,740
2021 $1,686 $19,370 $3,870 $15,500
2020 $1,641 $17,510 $3,500 $14,010
2019 $1,646 $15,600 $3,120 $12,480
2018 $1,565 $14,520 $2,900 $11,620
2017 $1,480 $12,850 $2,570 $10,280
2016 $1,405 $11,770 $2,350 $9,420
2015 $1,265 $11,280 $2,250 $9,030
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lisa Goff

    Tru Realty

  • Claudia Schulz

    Seller's Agent in 2014

    Claudia Schulz

    DRH Properties Inc

    (602) 513-2159

    Claudia Schulz
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Joseph Schulz

    West USA Realty

    (602) 696-9041

    1 Total Sale

    Joseph Schulz
    Section Image

  • G

    Buyer's Agent in 2014

    Gregory Murray

    American Homes 4 Rent

  • T

    Buyer's Agent in 2014

    Timothy Lass

    Coldwell Banker Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4831107

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-89-391

Arizona Maricopa County Phoenix 85041 Laveen

7001 S 40th Ln, Phoenix, AZ

This home is located at 7001 S 40th Ln, Phoenix, AZ 85041 and is currently priced at $138,600, approximately $67 per square foot. This property was built in 2002. 7001 S 40th Ln is a home located in Maricopa County with nearby schools including Cesar Chavez High School, Phoenix Coding Academy, and Legacy Traditional School - Laveen Village.

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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