NOT LISTED FOR SALE

7040 S 42nd St Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $342,000 - $365,000

3 Beds
2 Baths
1,537 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $222,000 $144 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,996/month

3 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Outdoor Storage
  • 1 Fireplace
  • Double Pane Windows
  • Central Air

About This Home

As of March 2019

Well cared for property at a fantastic value! Located in the planned community of Cimarron this home sits on a preferred lot in the back of community. The larger driveway is unique & offers guest parking. Enter to your large private courtyard which expands your living area . Plenty of room for an outdoor living room, dining, entertaining. Grass pet area too! Inside you are welcomed wth warm custom wood & laminate flooring work throughout. Open kitchen with upgraded cabinets. *Inside Laundry & pantry room. *Downstairs guest room makes for a great roommate or guest quarters, perhaps a home office? * Upstairs a 4th bedroom (Den) was added making this home one of the larger in the community. * 2 Car garage * Large Outdoor Storage Shed. *Fireplace. Great commuting location!

Last Agent to Sell the Property

Aran Fontaine

HomeSmart License #BR509542000 Listed on: 01/23/2019

HomeSmart

Last Buyer's Agent

Brenda Livermore-Polinsky

Modelmom Real Estate License #SA652293000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1983

Lot Details

  • 4,975 Sq Ft Lot
  • Wood Fence
  • Grass Covered Lot

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,537 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Frank Elementary School
  • FEES College Preparatory Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include street maintenance, front yard maint, trash, water
  • Cimarron Association, Phone Number (623) 974-8585
  • Cimarron Amd Lot 97 255 Tr A P S Z Aa Rr Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 123-18-567

Home Details

Home Type

Single Family

Est. Annual Taxes

$546

Year Built

Built in 1983

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Cross Street: 40th street and Baseline
  • 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: 84.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1983
  • Tax Year: 2018
  • Directions: North on 40th street to Carter, East to 42nd street and south to home. This home has parking in front driveway for you.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: CIMARRON AMD LOT 97-255 TR A-P S-Z AA-RR
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 84.0
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Pantry, Full Bth Master Bdrm
  • Living Area: 1537.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front, Grass Back
  • Pool Features: None
  • 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
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • 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

  • Association Fee: 84.0
  • Association Fee Frequency: Monthly
  • Association Name: Cimarron
  • Phone: 623-974-8585
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cimarron
  • Association Fees:HOA Telephone4: 623-974-8585
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Street Maint, Front Yard Maint, Trash, Water

Schools

  • Elementary School: Frank 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: 4975.0
  • Parcel #: 123-18-567

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 546.0
  • Tax Book Number: 123.00
  • Tax Lot: 50
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 22, 2019
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Saavedro Alfredo
Seller's Agent
Aran Fontaine
HomeSmart
Buyer's Agent
Brenda Livermore-Polinsky
Modelmom Real Estate
List Price
$215,000
Sold Price
$222,000
Premium/Discount to List
$7,000
3.26%
Current Estimated Value
$352,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,432
Avg. Annual Appreciation
7.80%
Original Mortgage
$202,730
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2018
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2012
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,988
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2009
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,023
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2008
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,483
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2007
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen

Purchase Details

Closed on
Jan 16, 2007
Sold by
Wenz Peter K and Wenz Mary Ellen
Bought by
Wenz Peter K and Wenz Mary Ellen
Source: Public Records

Range of Values:

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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
Saavedro Alfredo $209,000 First Arizona Title Agency
Wenz Peter K -- Title Source Inc
Wenz Peter K -- Title Source Inc
Wenz Peter K -- Title Source
Wenz Peter K -- Title Source Inc
Wenz Peter K -- None Available
Wenz Peter K -- None Available
Wenz Peter K -- None Available
Wenz Peter K -- None Available
Wenz Peter K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saavedro Alfredo $6,082
Previous Owner Wenz Peter K $159,200
Previous Owner Wenz Peter K $167,988
Previous Owner Wenz Peter K $191,023
Previous Owner Wenz Peter K $189,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $222,000 +3.3% $144 / Sq Ft
01/31/2019 01/31/19 For Sale $215,000 0.0% $140 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $215,000 -- $140 / 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 $609 $6,510 -- --
2024 $605 $6,200 -- --
2023 $605 $22,600 $4,520 $18,080
2022 $580 $17,850 $3,570 $14,280
2021 $593 $15,580 $3,110 $12,470
2020 $573 $14,030 $2,800 $11,230
2019 $562 $11,920 $2,380 $9,540
2018 $546 $11,260 $2,250 $9,010
2017 $527 $10,070 $2,010 $8,060
2016 $524 $7,950 $1,590 $6,360
2015 $494 $5,930 $1,180 $4,750
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Aran Fontaine

    HomeSmart

    Section Image

  • B

    Buyer's Agent in 2019

    Brenda Livermore-Polinsky

    Modelmom Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5871844

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-18-567

Arizona Maricopa County Phoenix 85042 South Mountain

7040 S 42nd St, Phoenix, AZ

This home is located at 7040 S 42nd St, Phoenix, AZ 85042 since 23 January 2019 and is currently estimated at $352,432, approximately $229 per square foot. This property was built in 1983. 7040 S 42nd St 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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