NOT LISTED FOR SALE

7037 S 42nd Place Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $329,000 - $342,000

3 Beds
2 Baths
1,216 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $310,000 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,927/month

11 Days on Market

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Cul-De-Sac
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • No Interior Steps

About This Home

As of March 2023

Single family home situated in the corner of a private cul-de-sac. Great for an investor, DIYer, or first time homebuyer looking to choose their own cosmetic updates. 2 car garage with ample storage and a new garage door / opener (2022), plus both roof and AC with plenty of years left in them. This home is currently set up with a den/office that opens up towards the living room, but could easily be converted to a 3rd bedroom by simply adding a door. This property boasts beautiful mature desert landscaping in front and back (variety of cacti, succulents, trees, etc). Come check out this home with great potential in the Cimarron community.

Last Agent to Sell the Property

Ari Shiffrin

Good Oak Real Estate License #SA671118000 Listed on: 02/18/2023

Good Oak Real Estate

Last Buyer's Agent

Laura Hernandez

neXGen Real Estate License #SA677348000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 1983

Lot Details

  • 4,944 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Frank Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 123-18-588

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Prm Association, Phone Number (623) 974-8585
  • Cimarron Amd Lots 97 Through 255 & A Through P S Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$557

Year Built

Built in 1983

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Cross Street: 40th Street and Baseline Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2022
  • Directions: FROM BASELINE RD, TURN NORTH ON 40TH ST, THEN TURN EAST ON CARTER DR, THEN TURN SOUTH ONTO 42ND PL. THE PROPERTY IS LOCATED IN THE SOUTHEAST CORNER OF THE CUL-DE-SAC.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: CIMARRON AMD LOTS 97 THROUGH 255 & A THROUGH P S
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 96.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1216.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other, Block, Wood
  • Exterior Features: Private Street(s)
  • Lot Features: Cul-De-Sac, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path
  • Association Fee: 96.0
  • Association Fee Frequency: Monthly
  • Association Name: CIMARRON HOA
  • 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: CIMARRON HOA
  • Association Fees:HOA Telephone4: 623-974-8585
  • 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: INSPECTION FEE
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PRM
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Frank Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4944.0
  • Parcel #: 123-18-588

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 557.0
  • Tax Book Number: 123.00
  • Tax Lot: 71
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 20, 2023
Sold by
Sullivan Louis C
Bought by
Silva-Nichols Mariana and Nichols Monica G
Seller's Agent
Ari Shiffrin
Good Oak Real Estate
Buyer's Agent
Laura Hernandez
neXGen Real Estate
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Views
378
Current Estimated Value
$337,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,377
Avg. Annual Appreciation
3.51%
Original Mortgage
$304,385
Outstanding Balance
$294,760
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$43,368

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 17, 2023
Sold by
Sullivan Louis C
Bought by
Silva-Nichols Mariana and Nichols Monica G
Seller's Agent
Ari Shiffrin
Good Oak Real Estate
Buyer's Agent
Laura Hernandez
neXGen Real Estate
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Views
378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$294,760
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$43,368

Purchase Details

Closed on
Feb 9, 2016
Sold by
Sullivan Louis C and Sullivan Christine D
Bought by
Sullivan Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Sullivan Louis C and Sullivan Christine D
Bought by
Sullivan Louis C and Sullivan Christine D

Purchase Details

Closed on
Mar 25, 1998
Sold by
Sullivan Christine D and Shaw Christine D
Bought by
Sullivan Louis C and Sullivan Christine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Silva-Nichols Mariana $310,000 Driggs Title Agency
Silva-Nichols Mariana $310,000 Driggs Title Agency
Sullivan Louis C -- Empire West Title Agency
Sullivan Louis C -- None Available
Sullivan Louis C -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva-Nichols Mariana $304,385
Closed Silva-Nichols Mariana $304,385
Previous Owner Sullivan Louis C $82,000
Previous Owner Sullivan Louis C $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $310,000 +3.7% $255 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $299,000 -- $246 / 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 $585 $6,256 -- --
2024 $581 $5,958 -- --
2023 $581 $21,850 $4,370 $17,480
2022 $557 $17,200 $3,440 $13,760
2021 $570 $16,260 $3,250 $13,010
2020 $550 $14,760 $2,950 $11,810
2019 $540 $12,450 $2,490 $9,960
2018 $525 $12,030 $2,400 $9,630
2017 $507 $10,820 $2,160 $8,660
2016 $504 $8,280 $1,650 $6,630
2015 $475 $6,060 $1,210 $4,850
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ari Shiffrin

    Good Oak Real Estate

    (480) 539-4775

    2 in this area

    38 Total Sales

    Ari Shiffrin
    Section Image

  • L

    Buyer's Agent in 2023

    Laura Hernandez

    neXGen Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6524411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-18-588

Arizona Maricopa County Phoenix 85042 South Mountain

7037 S 42nd Place, Phoenix, AZ

This home is located at 7037 S 42nd Place, Phoenix, AZ 85042 since 18 February 2023 and is currently estimated at $338,128, approximately $278 per square foot. This property was built in 1983. 7037 S 42nd Place is a home located in Maricopa County with nearby schools including Frank Elementary School, Fees College Preparatory Middle School, and Mountain Pointe High School.

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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