Seller's Agent in 2018
Lora Mwaniki-Lyman
Keller Williams Realty East Valley
(520) 780-9070
1 in this area
26 Total Sales
7214 S 40th Ln Phoenix, AZ 85041
Laveen NeighborhoodEstimated Value: $372,000 - $395,000
4
Beds
2
Baths
2,112
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Fireplace
- Double Pane Windows
- Breakfast Bar
- Phoenix Coding Academy Rated A
- Dual Vanity Sinks in Primary Bathroom
- Community Playground
About This Home
As of August 2018Beautiful SINGLE-LEVEL, 4 bed, 2bath move-in ready home in South Phoenix. This amazing 2,112 sqft, former spec-home has it all! Features include FORMAL dining, living and family rooms, open kitchen with maple cabinets, black countertops, EXTRA LARGE island, breakfast bar, and nook, and pre-wired surround sound. JUST UPDATED with fresh 2-tone paint, In and Out, cozy Carpet, LOW-E windows, cooking range, dishwasher, toilets. Upgraded SINKS, faucets, door knobs and lots more. A private backyard with beautiful flagstone, firepit, raised flower bed and bench awaits. Playground across the house, close proximity to Cesar Chavez library and park, and minutes from schools & shops make this home ideal for a family with children. Easy access to new 202/303 loop! Don't miss this great opportunity!
Last Agent to Sell the Property
Keller Williams Realty East Valley License #SA671269000 Listed on: 07/18/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,665
Year Built
- Built in 2002
Lot Details
- 5,089 Sq Ft Lot
- Desert faces the front of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
HOA Fees
- $76 Monthly HOA Fees
Parking
- 2 Car Garage
- 2 Carport Spaces
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,112 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- Security System Owned
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Fire Pit
Schools
- Laveen Elementary School
- Vista Del Sur Accelerated Middle School
- Cesar Chavez High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Water Purifier
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 279
- Assessor Parcel Number 105-89-463
Community Details
Overview
- Association fees include ground maintenance
- City Property Mgt. Association, Phone Number (602) 437-4777
- Built by TREND HOMES
- Arlington Estates Phase 1 Subdivision, Spec Home Floorplan
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2018
Closed on
Aug 31, 2018
Sold by
Judithe Neema and Mbaya Barampunde
Bought by
Neema Mbaya Barampunde and Neema Judithe
Seller's Agent
Lora Mwaniki-Lyman
Keller Williams Realty East Valley
Buyer's Agent
Lloyd Snively
Realty ONE Group
List Price
$239,500
Sold Price
$235,000
Premium/Discount to List
-$4,500
-1.88%
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
$148,169
Avg. Annual Appreciation
7.13%
Original Mortgage
$227,950
Outstanding Balance
$198,376
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$184,793
Purchase Details
Listed on
Jul 18, 2018
Closed on
Aug 27, 2018
Sold by
Muthuraman Krishnakumar
Bought by
Mbaya Barampunde and Jules Barampunde
Seller's Agent
Lora Mwaniki-Lyman
Keller Williams Realty East Valley
Buyer's Agent
Lloyd Snively
Realty ONE Group
List Price
$239,500
Sold Price
$235,000
Premium/Discount to List
-$4,500
-1.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Outstanding Balance
$198,376
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$184,793
Purchase Details
Closed on
May 12, 2005
Sold by
Louis Rachel A
Bought by
Muthuraman Krishnakumar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.58%
Mortgage Type
Unknown
Purchase Details
Closed on
May 5, 2005
Sold by
Krishnakumar Anita
Bought by
Muthuraman Krishnakumar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.58%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 15, 2002
Sold by
Key Construction Inc
Bought by
Louis Rachel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,650
Interest Rate
6.05%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Neema Mbaya Barampunde | -- | Landmark Title Assurance Age | |
| Mbaya Barampunde | $235,000 | Landmark Title Assurance Age | |
| Muthuraman Krishnakumar | $245,000 | Transnation Title | |
| Muthuraman Krishnakumar | -- | Transnation Title | |
| Louis Rachel A | $145,865 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mbaya Barampunde | $227,950 | |
| Previous Owner | Muthuraman Krishnakumar | $25,000 | |
| Previous Owner | Muthuraman Krishnakumar | $195,500 | |
| Previous Owner | Muthuraman Krishnakumar | $195,500 | |
| Previous Owner | Louis Rachel A | $116,650 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $235,000 | -1.9% | $111 / Sq Ft |
| 08/29/2018 08/29/18 | Price Changed | $239,500 | 0.0% | $113 / Sq Ft |
| 07/23/2018 07/23/18 | Pending | -- | -- | -- |
| 07/18/2018 07/18/18 | For Sale | $239,500 | -- | $113 / 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 | $1,781 | $12,812 | -- | -- |
| 2024 | $1,748 | $12,202 | -- | -- |
| 2023 | $1,748 | $28,510 | $5,700 | $22,810 |
| 2022 | $1,695 | $21,150 | $4,230 | $16,920 |
| 2021 | $1,709 | $19,800 | $3,960 | $15,840 |
| 2020 | $1,663 | $17,900 | $3,580 | $14,320 |
| 2019 | $1,668 | $15,930 | $3,180 | $12,750 |
| 2018 | $1,755 | $14,980 | $2,990 | $11,990 |
| 2017 | $1,665 | $13,280 | $2,650 | $10,630 |
| 2016 | $1,585 | $12,160 | $2,430 | $9,730 |
| 2015 | $1,431 | $11,470 | $2,290 | $9,180 |
Source: Public Records
Agents Affiliated with this Home
-
Lora Mwaniki-Lyman
-
Lloyd Snively
Buyer's Agent in 2018
Lloyd Snively
Realty One Group
(602) 684-5175
60 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5794980
APN: 105-89-463
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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