NOT LISTED FOR SALE

7340 N 40th Dr Unit 2 Phoenix, AZ 85051

Alhambra Neighborhood

Estimated Value: $312,614 - $388,000

3 Beds
2 Baths
1,500 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 7340 N 40th Dr Unit 2, Phoenix, AZ 85051 and is currently estimated at $358,154, approximately $238 per square foot. 7340 N 40th Dr Unit 2 is a home located in Maricopa County with nearby schools including Palo Verde Middle School, Roadrunner Elementary School, and Apollo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Ledesma Oscar
Bought by
Villegas Ma Rosa Recende and Galvez Ignacio Ledesma
Current Estimated Value
$358,154

Purchase Details

Closed on
Feb 17, 2012
Sold by
Salt Inc
Bought by
Ledesma Oscar

Purchase Details

Closed on
Aug 9, 2011
Sold by
U S Bank National Association
Bought by
Salt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,342
Interest Rate
4.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2011
Sold by
Cook Gordon Alan and Cook Martha Ann
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Villegas Ma Rosa Recende -- --
Ledesma Oscar $40,000 Great American Title Agency
Salt Inc $27,630 Great American Title Agency
U S Bank National Association $50,232 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salt Inc $53,342
Previous Owner Salt Inc $53,342
Previous Owner Cook Gordon Alan $225,000
Previous Owner Cook Gordon Alan $58,000
Previous Owner Cook Gordon Alan $141,300
Source: Public Records

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 $1,294 $9,426 -- --
2024 $990 $8,977 -- --
2023 $990 $26,880 $5,370 $21,510
2022 $955 $20,750 $4,150 $16,600
2021 $980 $19,010 $3,800 $15,210
2020 $953 $17,380 $3,470 $13,910
2019 $936 $15,500 $3,100 $12,400
2018 $909 $14,320 $2,860 $11,460
2017 $907 $12,210 $2,440 $9,770
2016 $891 $11,360 $2,270 $9,090
2015 $826 $10,680 $2,130 $8,550
Source: Public Records

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