NOT LISTED FOR SALE

7022 S 42nd St Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $348,000 - $383,628

3 Beds
2 Baths
1,370 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $385,000 $281 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,056/month

5 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Santa Fe Architecture
  • Mountain View
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2023

This move-in-ready home sits nestled deep in the Cimmaron community but close to freeways, and activity! This home boasts an updated kitchen, pool, and a full bedroom and bath on the first floor! Enter through the beautiful courtyard to experience privacy and serenity. Updates abound throughout this home, from the floors to the elegant banister and so much more, you need to see this one in person!

Last Agent to Sell the Property

Brooke Bogart

Keller Williams Realty East Valley License #SA643624000 Listed on: 04/29/2023

Last Buyer's Agent

Lee Hofmann

SERHANT. License #SA705097000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1983

Lot Details

  • 4,003 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 1 Open Parking Space
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Location

  • Property is near a bus stop

Schools

  • Franklin East Elementary School
  • FEES College Preparatory Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 123-18-562

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Prm Association Mgmt Association, Phone Number (623) 974-8585
  • Cimarron Amd Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1983

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: Baseline and 40th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: CIMARRON AMD
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Other (See Remarks)
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 281.02
  • Association Fees:HOA Fee2: 96.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Upstairs, Vaulted Ceiling(s), Pantry, Tub with Jets
  • Living Area: 1370.0
  • Stories: 2
  • Window Features: Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Cul-De-Sac, Grass Front
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 96.0
  • Association Fee Frequency: Monthly
  • Association Name: Cimmeron Association
  • Phone: 623-974-8585
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cimmeron Association
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 600.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 192.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 100.0
  • Association Fees:Other Fees Description: exterior inspection
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PRM Association Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Franklin East Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4003.0
  • Parcel #: 123-18-562

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 697.0
  • Tax Book Number: 123.00
  • Tax Lot: 45
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 5, 2023
Sold by
Laroche Catherine-Ann H
Bought by
Krup Bhagwan
Seller's Agent
Brooke Bogart
Keller Williams Realty East Valley
Buyer's Agent
Lee Hofmann
SERHANT.
List Price
$370,000
Sold Price
$385,000
Premium/Discount to List
$15,000
4.05%
Views
75
Current Estimated Value
$360,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,593
Avg. Annual Appreciation
-2.55%
Original Mortgage
$280,000
Outstanding Balance
$272,513
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$87,894

Purchase Details

Closed on
Jul 6, 2022
Sold by
Hilley Chanler D
Bought by
Laroche Catherine-Ann H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 22, 2017
Sold by
Cavallo Domenico
Bought by
Hilley Chanler D and Laroche Catherine Ann H
Seller's Agent
Joe Fiorucci
HomeSmart
Buyer's Agent
Brooke Bogart
Real Broker
List Price
$199,500
Sold Price
$194,900
Premium/Discount to List
-$4,600
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$185,155
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Cavallo Domenico

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
Jun 18, 2010
Sold by
Harris William G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 23, 2003
Sold by
Harris Nancy A
Bought by
Harris William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krup Bhagwan $385,000 United Title
Laroche Catherine-Ann H -- Security Title
Hilley Chanler D $194,900 Magnus Title Agency
Cavallo Domenico -- Grand Canyon Title Agency
Secretary Of The Department Of Housing & -- First American Title Ins Co
Wells Fargo Bank Na $161,367 Accommodation
Harris William G -- Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krup Bhagwan $280,000
Previous Owner Laroche Catherine-Ann H $290,000
Previous Owner Hilley Chanler D $185,155
Previous Owner Harris William G $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2023 06/05/23 Sold $385,000 +4.1% $281 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $370,000 +89.8% $270 / Sq Ft
07/28/2017 07/28/17 Sold $194,900 0.0% $142 / Sq Ft View Prior Sale
06/29/2017 06/29/17 Pending -- -- --
06/25/2017 06/25/17 Price Changed $194,900 -2.3% $142 / Sq Ft
06/13/2017 06/13/17 For Sale $199,500 0.0% $146 / Sq Ft
06/13/2017 06/13/17 Price Changed $199,500 -3.6% $146 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $207,000 -5.5% $151 / Sq Ft
05/19/2017 05/19/17 For Sale $219,000 +12.4% $160 / Sq Ft
05/18/2017 05/18/17 Off Market $194,900 -- --
05/17/2017 05/17/17 For Sale $219,000 -- $160 / 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 $786 $7,826 -- --
2024 $727 $7,454 -- --
2023 $727 $23,950 $4,790 $19,160
2022 $697 $19,060 $3,810 $15,250
2021 $713 $18,080 $3,610 $14,470
2020 $688 $16,470 $3,290 $13,180
2019 $675 $14,020 $2,800 $11,220
2018 $657 $13,420 $2,680 $10,740
2017 $634 $12,350 $2,470 $9,880
2016 $630 $9,610 $1,920 $7,690
2015 $594 $7,080 $1,410 $5,670
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brooke Bogart

    Keller Williams Realty East Valley

  • L

    Buyer's Agent in 2023

    Lee Hofmann

    SERHANT.

    (480) 702-6022

    1 in this area

    14 Total Sales

    Lee Hofmann
    Section Image

  • J

    Seller's Agent in 2017

    Joe Fiorucci

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6549031

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-18-562

Arizona Maricopa County Phoenix 85042 South Mountain

7022 S 42nd St, Phoenix, AZ

Not Listed for Sale

Detached

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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