7026 S 40th Place Phoenix, AZ 85042
South Mountain NeighborhoodEstimated payment $1,935/month
Total Views
167
2
Beds
2
Baths
924
Sq Ft
$363
Price per Sq Ft
Highlights
- Mountain View
- Corner Lot
- Covered patio or porch
- Vaulted Ceiling
- Private Yard
- 2 Car Detached Garage
About This Home
This 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!
Open House Schedule
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Friday, May 30, 20254:00 to 6:00 pm5/30/2025 4:00:00 PM +00:005/30/2025 6:00:00 PM +00:00Be one of the first to check out this new listing!Add to Calendar
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Saturday, May 31, 202512:00 to 2:00 pm5/31/2025 12:00:00 PM +00:005/31/2025 2:00:00 PM +00:00Be one of the first to check out this new listing!Add to Calendar
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
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
- Built-In Microwave
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
Map
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
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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $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 |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6872818
APN: 123-18-518
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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