7225 S 40th Ave Phoenix, AZ 85041
Laveen NeighborhoodEstimated Value: $320,394 - $385,000
--
Bed
2
Baths
1,865
Sq Ft
$193/Sq Ft
Est. Value
About This Home
This home is located at 7225 S 40th Ave, Phoenix, AZ 85041 and is currently estimated at $359,349, approximately $192 per square foot. 7225 S 40th Ave is a home located in Maricopa County with nearby schools including Cesar Chavez High School, Phoenix Coding Academy, and Legacy Traditional School - Laveen Village.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2002
Sold by
Key Construction Inc
Bought by
Fernandez Richard
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,938
Outstanding Balance
$55,987
Interest Rate
6.8%
Mortgage Type
FHA
Estimated Equity
$303,362
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Fernandez Richard | $140,718 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Fernandez Richard | $137,938 |
Source: Public Records
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 | $1,533 | $11,025 | -- | -- |
2024 | $1,504 | $10,500 | -- | -- |
2023 | $1,504 | $25,910 | $5,180 | $20,730 |
2022 | $1,459 | $19,220 | $3,840 | $15,380 |
2021 | $1,470 | $17,860 | $3,570 | $14,290 |
2020 | $1,431 | $16,080 | $3,210 | $12,870 |
2019 | $1,435 | $14,150 | $2,830 | $11,320 |
2018 | $1,365 | $12,920 | $2,580 | $10,340 |
2017 | $1,291 | $11,320 | $2,260 | $9,060 |
2016 | $1,225 | $10,210 | $2,040 | $8,170 |
2015 | $1,103 | $9,770 | $1,950 | $7,820 |
Source: Public Records
Map
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