Seller's Agent in 2025
Lisa McDermed
West USA Realty
(602) 410-4663
1 in this area
90 Total Sales
7402 S 40th Ln Phoenix, AZ 85041
Laveen Neighborhood
3
Beds
2.5
Baths
1,616
Sq Ft
5,227
Sq Ft Lot
Highlights
- Corner Lot
- Eat-In Kitchen
- Tile Flooring
- Phoenix Coding Academy Rated A
- Patio
- Central Air
About This Home
As of May 2025CALLING ALL INVESTORS!!!! Great bones on this one, just needs some elbow grease & minor updating to be a real money maker. Or looking for instant equity in your new home... this is it & plod along making this home your own. Inviting front patio perfect for a porch swing & morning coffee! Inside a spacious great room & dining that opens to kitchen ready with 2 pantries. Upstairs 3 SPACIOUS bedrooms, loft for the kids or home office + the convenient upstairs laundry. Outside is the HUGE pieshaped lot just screaming for a pool, turf & kids playground! Bring on the IDEAS! Located by Cesar Chavez AMAZING park with library, lake, skate park, racquetball, sports fields for baseball & basketball, playgrounds & loads of green grass. Convenient to I10, airport & downtown. Buyer to verify all info.
Last Agent to Sell the Property
West USA Realty License #SA523715000 Listed on: 12/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,659
Year Built
- Built in 2001
Lot Details
- 5,197 Sq Ft Lot
- Desert faces the front of the property
- Block Wall Fence
- Corner Lot
HOA Fees
- $80 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,616 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Eat-In Kitchen
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Association fees include ground maintenance
- City Property Mgmt Association, Phone Number (602) 437-4777
- Arlington Estates Subdivision
Listing and Financial Details
- Tax Lot 345
- Assessor Parcel Number 105-89-529
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2024
Closed on
May 6, 2025
Sold by
Vanphan Thanhtam and Thai Trinh My
Bought by
Ilyas Shumaila and Amparan James Carlos
Seller's Agent
Lisa McDermed
West USA Realty
Buyer's Agent
Jason Ng
Keller Williams Arizona Realty
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Views
383
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
$12,476
Avg. Annual Appreciation
5.08%
Original Mortgage
$304,000
Outstanding Balance
$302,923
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$30,675
Purchase Details
Closed on
Oct 18, 2018
Sold by
Vanphan Thanhtam Van and Thai Trinh My
Bought by
Vanphan Thanhtam Van and Thai Trinh My
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jul 3, 2015
Closed on
Aug 24, 2015
Sold by
Sotelo Josefina
Bought by
Vanvanphan Thanhtam Van and My Thai Trinh
Seller's Agent
Marc Montgomery
HomeSmart Premier
Buyer's Agent
Frank Eckert
Eckert's Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Purchase Details
Closed on
Feb 27, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Sotelo Josefina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,634
Interest Rate
4.91%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 27, 2008
Sold by
National City Real Estate Services Llc
Bought by
Hud
Purchase Details
Closed on
Mar 17, 2008
Sold by
Samaniego Lori
Bought by
National City Mortgage Co
Purchase Details
Closed on
Jun 23, 2001
Sold by
Key Construction Inc
Bought by
Samaniego Lori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,265
Interest Rate
7.21%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Landmark Title | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Cash Sale Deed | $121,000 | First Arizona Title Agency | |
| Special Warranty Deed | -- | Grand Canyon Title Agency | |
| Warranty Deed | $151,232 | None Available | |
| Trustee Deed | $151,232 | Accommodation | |
| Warranty Deed | $127,035 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,000 | New Conventional | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $106,634 | FHA | |
| Previous Owner | $125,265 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $320,000 | -2.7% | $198 / Sq Ft | |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- | |
| 03/31/2025 03/31/25 | For Sale | $329,000 | 0.0% | $204 / Sq Ft | |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- | |
| 01/04/2025 01/04/25 | Price Changed | $329,000 | -6.0% | $204 / Sq Ft | |
| 12/06/2024 12/06/24 | For Sale | $350,000 | 0.0% | $217 / Sq Ft | |
| 11/01/2023 11/01/23 | Rented | $1,895 | 0.0% | -- | |
| 10/23/2023 10/23/23 | Under Contract | -- | -- | -- | |
| 09/29/2023 09/29/23 | For Rent | $1,895 | 0.0% | -- | |
| 08/21/2015 08/21/15 | Sold | $125,000 | -10.7% | $77 / Sq Ft | View Prior Sale |
| 08/05/2015 08/05/15 | Pending | -- | -- | -- | |
| 07/02/2015 07/02/15 | For Sale | $140,000 | -- | $87 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,526 | $10,761 | -- | -- |
| 2024 | $1,630 | $10,249 | -- | -- |
| 2023 | $1,630 | $25,650 | $5,130 | $20,520 |
| 2022 | $1,583 | $18,870 | $3,770 | $15,100 |
| 2021 | $1,583 | $17,660 | $3,530 | $14,130 |
| 2020 | $1,543 | $15,870 | $3,170 | $12,700 |
| 2019 | $1,544 | $13,980 | $2,790 | $11,190 |
| 2018 | $1,474 | $12,900 | $2,580 | $10,320 |
| 2017 | $1,399 | $11,100 | $2,220 | $8,880 |
| 2016 | $1,332 | $9,950 | $1,990 | $7,960 |
| 2015 | $1,077 | $9,550 | $1,910 | $7,640 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa McDermed
-
Jason Ng
J
Buyer's Agent in 2025
Jason Ng
Keller Williams Arizona Realty
(623) 499-9988
2 in this area
11 Total Sales
-
Tony C. Doan
Seller's Agent in 2023
Tony C. Doan
West USA Realty
(480) 420-8880
4 in this area
70 Total Sales
-
Marc Montgomery
M
Seller's Agent in 2015
Marc Montgomery
HomeSmart Premier
(602) 799-7344
2 Total Sales
-
Kum Han
K
Seller Co-Listing Agent in 2015
Kum Han
HomeSmart Premier
(877) 502-5858
24 Total Sales
-
F
Buyer's Agent in 2015
Frank Eckert
Eckert's Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6792091
APN: 105-89-529
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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