7030 S 40th Place Phoenix, AZ 85042
South Mountain Neighborhood
2
Beds
2
Baths
924
Sq Ft
5,680
Sq Ft Lot
Highlights
- 1 Fireplace
- Covered patio or porch
- Bike Trail
- Corner Lot
- Central Air
- Wood Fence
About This Home
As of April 2024This property is being sold in as-is condition and represents a great opportunity. Great 2 bedroom 2 bathroom house that you can put in any finishes that you desire. Property is a fixer upper and would be good for an investor or someone that will be willing to put in the work to make it beautiful. Property needs a little more than TLC and price to sell.
Last Agent to Sell the Property
Mountain Lake Realty License #BR104207000 Listed on: 10/26/2023
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $496
Year Built
- Built in 1982
Lot Details
- 5,680 Sq Ft Lot
- Wood Fence
- Corner Lot
HOA Fees
- $96 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Fixer Upper
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 924 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Carpet
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Schools
- Frank Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Additional Features
- Covered patio or porch
- Central Air
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 123-18-520
Community Details
Overview
- Association fees include ground maintenance, front yard maint
- Prm Association, Phone Number (623) 974-8585
- Cimarron Amd Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2024
Closed on
Apr 10, 2024
Sold by
Better Assets Inc
Bought by
Hawkins Kiana and Hawkins Stacy
Seller's Agent
Gaby Carder
Real Estate 48
Buyer's Agent
Carin Nguyen
Real Broker
List Price
$374,000
Sold Price
$374,000
Total Days on Market
19
Views
55
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
-$18,962
Avg. Annual Appreciation
-4.42%
Original Mortgage
$367,225
Outstanding Balance
$363,451
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$8,413
Purchase Details
Listed on
Oct 26, 2023
Closed on
Nov 30, 2023
Sold by
Ec Homes Llc
Bought by
Better Assets Inc
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$255,000
Sold Price
$200,000
Premium/Discount to List
-$55,000
-21.57%
Views
99
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
469.00%
Original Mortgage
$294,463
Interest Rate
7.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 13, 2023
Sold by
Kowal-Shaw Karen
Bought by
Ec Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2023
Sold by
Kowal-Shaw Karen
Bought by
Hco Residential Llc
Similar Homes in Phoenix, AZ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $374,000 | Old Republic Title Agency | |
| Warranty Deed | $200,000 | Driggs Title Agency | |
| Warranty Deed | $121,000 | Standard Title | |
| Contract Of Sale | $121,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $367,225 | FHA | |
| Previous Owner | $294,463 | New Conventional | |
| Previous Owner | $110,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $374,000 | 0.0% | $405 / Sq Ft |
| 02/04/2024 02/04/24 | For Sale | $374,000 | +87.0% | $405 / Sq Ft |
| 11/30/2023 11/30/23 | Sold | $200,000 | -16.7% | $216 / Sq Ft |
| 11/08/2023 11/08/23 | Price Changed | $240,000 | -5.9% | $260 / Sq Ft |
| 10/26/2023 10/26/23 | For Sale | $255,000 | -- | $276 / 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 | $499 | $5,341 | -- | -- |
| 2024 | $496 | $5,086 | -- | -- |
| 2023 | $496 | $20,420 | $4,080 | $16,340 |
| 2022 | $476 | $16,000 | $3,200 | $12,800 |
| 2021 | $487 | $13,820 | $2,760 | $11,060 |
| 2020 | $470 | $12,330 | $2,460 | $9,870 |
| 2019 | $461 | $10,370 | $2,070 | $8,300 |
| 2018 | $448 | $9,770 | $1,950 | $7,820 |
| 2017 | $433 | $8,500 | $1,700 | $6,800 |
| 2016 | $430 | $6,560 | $1,310 | $5,250 |
| 2015 | $405 | $4,910 | $980 | $3,930 |
Source: Public Records
Agents Affiliated with this Home
-
Gaby Carder
Seller's Agent in 2024
Gaby Carder
Real Estate 48
(480) 277-2979
3 in this area
160 Total Sales
-
Carin Nguyen
Buyer's Agent in 2024
Carin Nguyen
Real Broker
(602) 832-7005
27 in this area
2,187 Total Sales
-
Nicholas Partida
N
Buyer Co-Listing Agent in 2024
Nicholas Partida
Real Broker
(480) 505-6300
1 in this area
40 Total Sales
-
Thomas Mastromatto
Seller's Agent in 2023
Thomas Mastromatto
Mountain Lake Realty
(602) 888-7073
17 in this area
660 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6623041
APN: 123-18-520
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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