
7026 S 40th Place Phoenix, AZ 85042
South Mountain NeighborhoodHighlights
- Gated Parking
- Vaulted Ceiling
- Granite Countertops
- Mountain View
- Corner Lot
- Private Yard
About This Home
As of July 2025This corner lot boasts gorgeous mountain views & one of the largest lots in the community; right on the greenbelt! Located near South Mountain hiking trails, The Farm and much more! This 2 bedroom/2 full bath home has a great open floor plan, vaulted ceilings & 2 car garage. The NEW 2025 AC will give you peace of mind during Phoenix summers. It has fresh paint throughout & the refrigerator, washer & dryer are included. The spacious kitchen has granite counters, stainless steel appliances, & a pantry. Dual pane windows for energy efficiency & the HOA covers front lawn water & maintenance. Enjoy your morning coffee in the front courtyard & watch the sunset from your spacious covered back patio. Ask about seller concessions. Make this move-in ready GEM your home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $679
Year Built
- Built in 1985
Lot Details
- 5,663 Sq Ft Lot
- Desert faces the front of the property
- Cul-De-Sac
- Wrought Iron Fence
- Wood Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $100 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Gated Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 924 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Double Pane Windows
- Mountain Views
Kitchen
- Built-In Microwave
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Frank Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Cooling System Updated in 2025
- Central Air
- Heating unit installed on the ceiling
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 123-18-518
Community Details
Overview
- Association fees include ground maintenance, front yard maint
- Cimarron Association, Phone Number (623) 974-8585
- Built by KNOELL HOMES
- Cimarron Amd Subdivision
Recreation
- Bike Trail
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $345,000 | Landmark Title | |
Warranty Deed | $345,000 | American Title Services | |
Warranty Deed | $190,500 | Clear Title Agency Of Az | |
Warranty Deed | $100,000 | Great American Title Agency | |
Quit Claim Deed | $85,000 | None Available | |
Special Warranty Deed | $85,000 | First American Title Ins Co | |
Interfamily Deed Transfer | -- | First American Title Ins Co | |
Warranty Deed | -- | Great American Title Agency | |
Trustee Deed | $100,749 | Great American Title Agency | |
Warranty Deed | $100,000 | First American Title Ins Co | |
Warranty Deed | $77,000 | Transnation Title Insurance |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $13,550 | No Value Available | |
Open | $338,751 | FHA | |
Previous Owner | $314,100 | New Conventional | |
Previous Owner | $180,000 | New Conventional | |
Previous Owner | $176,200 | New Conventional | |
Previous Owner | $171,450 | New Conventional | |
Previous Owner | $80,000 | New Conventional | |
Previous Owner | $82,450 | VA | |
Previous Owner | $45,000 | Credit Line Revolving | |
Previous Owner | $32,000 | Credit Line Revolving | |
Previous Owner | $102,000 | VA | |
Previous Owner | $59,200 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | Sold | $345,000 | +3.0% | $373 / Sq Ft |
05/29/2025 05/29/25 | For Sale | $335,000 | -2.9% | $363 / Sq Ft |
10/07/2022 10/07/22 | Sold | $345,000 | -1.1% | $373 / Sq Ft |
08/24/2022 08/24/22 | Pending | -- | -- | -- |
08/19/2022 08/19/22 | For Sale | $349,000 | +83.2% | $378 / Sq Ft |
07/02/2019 07/02/19 | Sold | $190,500 | -2.3% | $206 / Sq Ft |
05/10/2019 05/10/19 | Pending | -- | -- | -- |
05/10/2019 05/10/19 | Price Changed | $194,900 | +2.6% | $211 / Sq Ft |
05/08/2019 05/08/19 | Price Changed | $189,900 | -2.4% | $206 / Sq Ft |
05/07/2019 05/07/19 | For Sale | $194,500 | +94.5% | $210 / Sq Ft |
04/16/2015 04/16/15 | Sold | $100,000 | -11.4% | $108 / Sq Ft |
03/25/2015 03/25/15 | Pending | -- | -- | -- |
03/21/2015 03/21/15 | For Sale | $112,900 | -- | $122 / Sq Ft |
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 | $679 | $6,246 | -- | -- |
2024 | $580 | $5,949 | -- | -- |
2023 | $580 | $21,160 | $4,230 | $16,930 |
2022 | $649 | $16,560 | $3,310 | $13,250 |
2021 | $655 | $15,530 | $3,100 | $12,430 |
2020 | $634 | $14,030 | $2,800 | $11,230 |
2019 | $622 | $11,760 | $2,350 | $9,410 |
2018 | $607 | $11,350 | $2,270 | $9,080 |
2017 | $587 | $10,000 | $2,000 | $8,000 |
2016 | $582 | $7,600 | $1,520 | $6,080 |
2015 | $546 | $5,610 | $1,120 | $4,490 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Julie Robbins
HomeSmart
(623) 414-2107
2 in this area
13 Total Sales
-
Buyer's Agent in 2025
Theresa Marquez
Barrett Real Estate
(602) 434-5678
12 in this area
87 Total Sales
-
Seller's Agent in 2022
Glenda Rosado
Berkshire Hathaway HomeServices Arizona Properties
(949) 290-3273
2 in this area
13 Total Sales
-
Seller's Agent in 2019
Susan Job
HomeSmart
(602) 292-4874
9 in this area
21 Total Sales
-
Buyer's Agent in 2019
Howard Rea
HomeSmart
(602) 481-5495
45 Total Sales
-
Seller's Agent in 2015
Josh Randall
HomeSmart
(480) 635-2148
1 in this area
109 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6872818

APN: 123-18-518
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