NOT LISTED FOR SALE

7406 S 40th Ln Phoenix, AZ 85041

Laveen Neighborhood

Estimated Value: $349,332 - $390,000

4 Beds
3 Baths
2,112 Sq Ft
$178/Sq Ft Est. Value

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of January 2023

Clean and Ready to Move in Now! Professionally Managed and Maintained! Where Do you Imagine Living?

Last Agent to Rent the Property

Candace Velazco

Tricon American Homes License #SA540517000 Listed on: 12/20/2022

Last Renter's Agent

Candace Velazco

Tricon American Homes License #SA540517000 Listed on: 12/20/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 5,642 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Schools

  • Laveen Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near bus stop

Community Details

  • Property has a Home Owners Association
  • Arlington Estates Phase 1 Subdivision

Listing and Financial Details

  • Property Available on 12/20/22
  • $225 Move-In Fee
  • 12-Month Minimum Lease Term
  • $55 Application Fee
  • Tax Lot 346
  • Assessor Parcel Number 105-89-530

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2022-12-20

Listing Details

  • Cross Street: BASELINE AND 40TH AVE
  • Legal Info Range: 2E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Rental Info H O A Name: /
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 225.0
  • Initial Move In Costs Application Fee: 55.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: ARLINGTON ESTATES PHASE 1
  • Architectural Style: Other
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2112.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, See Remarks, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association Name: /
  • Phone: /
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Lot Size Sq Ft: 5642.0
  • Parcel #: 105-89-530

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 105.00
  • Tax Lot: 346
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2017
Sold by
2012 C Property Holdings Llc
Bought by
Tah Ms Borrower Llc
Current Estimated Value
$376,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,582,095
Outstanding Balance
$311,294,395
Interest Rate
3.83%
Mortgage Type
Construction
Estimated Equity
-$310,918,062

Purchase Details

Closed on
Apr 1, 2013
Sold by
Ramirez Karla P and Howard Reid
Bought by
2012-C Property Holdings Llc

Purchase Details

Closed on
Mar 11, 2008
Sold by
Howard Reid
Bought by
Howard Reid and Ramirez Karla P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Ramirez Karla Patricia
Bought by
Howard Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2001
Sold by
Key Construction Inc
Bought by
Sells Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,390
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records
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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
Tah Ms Borrower Llc -- None Available
2012-C Property Holdings Llc $136,000 None Available
Howard Reid -- First American Equity Loan S
Howard Reid -- First American Title Ins Co
Howard Reid $263,500 First American Title Ins Co
Sells Martha $135,970 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tah Ms Borrower Llc $372,582,095
Previous Owner Howard Reid $180,000
Previous Owner Howard Reid $26,100
Previous Owner Howard Reid $209,200
Previous Owner Sells Martha $114,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Rented $2,189 0.0% --
01/24/2023 01/24/23 Under Contract -- -- --
01/23/2023 01/23/23 Price Changed $2,189 -0.9% $1 / Sq Ft
01/09/2023 01/09/23 Price Changed $2,209 -0.9% $1 / Sq Ft
12/20/2022 12/20/22 For Rent $2,229 +49.6% --
10/23/2019 10/23/19 Rented $1,490 0.0% --
10/09/2019 10/09/19 Under Contract -- -- --
10/05/2019 10/05/19 For Rent $1,490 +41.9% --
01/24/2014 01/24/14 Rented $1,050 -6.7% --
01/13/2014 01/13/14 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $1,125 -2.2% --
10/25/2013 10/25/13 Rented $1,150 0.0% --
10/05/2013 10/05/13 Under Contract -- -- --
09/17/2013 09/17/13 For Rent $1,150 -- --
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 $2,016 $12,812 -- --
2024 $1,940 $12,202 -- --
2023 $1,940 $28,860 $5,770 $23,090
2022 $1,885 $21,370 $4,270 $17,100
2021 $1,885 $19,960 $3,990 $15,970
2020 $1,837 $18,030 $3,600 $14,430
2019 $1,839 $16,100 $3,220 $12,880
2018 $1,755 $15,200 $3,040 $12,160
2017 $1,665 $13,360 $2,670 $10,690
2016 $1,585 $12,170 $2,430 $9,740
2015 $1,431 $11,480 $2,290 $9,190
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2023

    Candace Velazco

    Tricon American Homes

    (602) 826-1476

    Candace Velazco
    Section Image

  • J

    Buyer's Agent in 2019

    Johanna Rodriguez Cuevas

    Realty One Group

  • Jhante Lopez

    Seller's Agent in 2014

    Jhante Lopez

    My Home Group

    (623) 302-3805

    1 in this area

    27 Total Sales

    Jhante Lopez
    Section Image

  • J

    Buyer's Agent in 2014

    Jodi Drew

    AXIS Real Estate

    (480) 452-9343

    3 Total Sales

    Jodi Drew
    Section Image
  • Karen Dunston

    Buyer's Agent in 2013

    Karen Dunston

    West USA Realty

    (602) 391-7728

    60 Total Sales

    Karen Dunston
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6500227

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-89-530

Arizona Maricopa County Phoenix 85041 Laveen

7406 S 40th Ln, Phoenix, AZ

Not Listed for Sale

Detached

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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