NOT LISTED FOR SALE

7040 S 7th Ln Unit 47 Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $336,595 - $366,000

3 Beds
2.5 Baths
1,584 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $191,610 $121 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,037/month

Highlights

  • Private Yard
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

As of August 2019

Come see this 3 bedroom 2.5 bathroom home in Desert Breeze! This home offers lots of natural light for an open feel. The kitchen features stainless steel three dishwasher, microwave, and range. Half bath downstairs for guests. The master ensuite bathroom has dual sinks, separate shower and soaking tub, and a walk in closet. The sliding door in the eat in kitchen opens into a private yard. Close to shopping and dining!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 08/14/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 2006

Lot Details

  • 1,069 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Amy L. Houston Academy Elementary And Middle School
  • Cesar Chavez High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 47
  • Assessor Parcel Number 105-98-271

Community Details

Overview

  • Association fees include ground maintenance
  • Brown Management Association, Phone Number (480) 339-8820
  • Desert Breeze Condominium Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 2006

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Cross Street: 7th Ave and Baseline Road
  • Legal Info Range: 3E
  • 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: 86.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2018
  • Directions: West on Fremont Rd make a left on the 3rd street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: DESERT BREEZE CONDOMINIUM
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 260.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Pantry, Separate Shwr & Tub
  • Living Area: 1584.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • 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: Playground
  • Association Fee: 260.0
  • Association Fee Frequency: Quarterly
  • Association Name: Desert Breeze
  • Phone: 480-339-8820
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Desert Breeze
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Management Phone: 480-339-8820
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Amy L. Houston Academy
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Amy L. Houston Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1069.0
  • Parcel #: 105-98-271

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1068.0
  • Tax Book Number: 105.00
  • Tax Lot: 47
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Progress Phoenix Llc
Bought by
Progress Residential Borrower 13 Llc
Current Estimated Value
$347,149

Purchase Details

Listed on
Aug 14, 2019
Closed on
Aug 15, 2019
Sold by
Offerpad Spvborrower1 Llc
Bought by
Progress Phoenix Llc
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$204
Sold Price
$191,610
Premium/Discount to List
$191,406
93826.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Listed on
Aug 14, 2019
Closed on
Aug 5, 2019
Sold by
Guerrero Carlos and Guerrero Melissa
Bought by
Offerpad Spvborrower1 Llc
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$204
Sold Price
$191,610
Premium/Discount to List
$191,406
93826.47%

Purchase Details

Listed on
Mar 27, 2018
Closed on
Apr 25, 2018
Sold by
Offerpad Spvborrower1 Llc
Bought by
Guerrero Carlos and Guerrero Melissa
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Raoul Loustaunau
eXp Realty
List Price
$181,000
Sold Price
$185,000
Premium/Discount to List
$4,000
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$179,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2017
Sold by
Ahrens Jeffrey
Bought by
Offerpad Spvborrower1 Llc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Ahrens Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,083
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2007
Sold by
Wimmer Michael S and Wimmer Allison D
Bought by
Wimmer Michael Shane and Wimmer Allison Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,083
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Progress Residential Borrower 13 Llc -- Os National Llc
Progress Phoenix Llc $191,610 First American Title Ins Co
Offerpad Spvborrower1 Llc $195,000 First American Title Ins Co
Guerrero Carlos $185,000 First American Title Insuran
Offerpad Spvborrower1 Llc $156,000 First American Title Insuran
Ahrens Jeffrey R $173,854 Fidelity National Title
Wimmer Michael Shane -- Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Carlos $179,450
Previous Owner Ahrens Jeffrey R $139,083
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $191,610 -6.5% $121 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $204,900 +100341.2% $129 / Sq Ft
08/14/2019 08/14/19 For Sale $204 -99.9% $0 / Sq Ft
05/29/2018 05/29/18 Sold $185,000 0.0% $117 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $185,000 +2.2% $117 / Sq Ft
04/20/2018 04/20/18 For Sale $181,000 0.0% $114 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $181,000 0.0% $114 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/28/2018 03/28/18 Price Changed $181,000 +0.6% $114 / Sq Ft
03/27/2018 03/27/18 For Sale $179,900 -- $114 / 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 $1,313 $8,937 -- --
2024 $1,275 $8,511 -- --
2023 $1,275 $22,830 $4,560 $18,270
2022 $1,250 $17,620 $3,520 $14,100
2021 $1,275 $15,900 $3,180 $12,720
2020 $1,259 $13,420 $2,680 $10,740
2019 $1,100 $12,150 $2,430 $9,720
2018 $1,068 $11,450 $2,290 $9,160
2017 $995 $10,770 $2,150 $8,620
2016 $944 $9,800 $1,960 $7,840
2015 $877 $8,430 $1,680 $6,750
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Derek Dickson

    OfferPad Brokerage, LLC

    Derek Dickson
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

  • Raoul Loustaunau

    Buyer's Agent in 2018

    Raoul Loustaunau

    eXp Realty

    (602) 525-5617

    7 in this area

    104 Total Sales

    Raoul Loustaunau
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5964800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-98-271

Arizona Maricopa County Phoenix 85041 South Mountain

7040 S 7th Ln Unit 47, Phoenix, AZ

This home is located at 7040 S 7th Ln Unit 47, Phoenix, AZ 85041 since 14 August 2019 and is currently estimated at $347,149, approximately $219 per square foot. This property was built in 2006. 7040 S 7th Ln Unit 47 is a home located in Maricopa County with nearby schools including V. H. Lassen Elementary School, Cesar Chavez High School, and Phoenix Coding Academy.

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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