NOT LISTED FOR SALE

7446 S 40th Ln Phoenix, AZ 85041

Laveen Neighborhood

Estimated Value: $514,000 - $573,000

4 Beds
3 Baths
3,159 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $236,000 $75 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,185/month

2 Days on Market

Highlights

  • 0.36 Acre Lot
  • Mountain View
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of December 2015

Phenomenal newly renovated home in a fantastic Phoenix location! This move in ready home features soaring ceilings, handsome wrought iron and stained wood railing, custom paint, cozy fireplace and gorgeous tile & wood flooring! Tons of living space with a formal living room, formal dining room, family room, huge loft and 4 spacious bedrooms! Gourmet kitchen offers custom cabinets, walk in pantry, stainless steel appliances, tiled backsplash, ample counter space and a large center island w/breakfast bar! Enormous laundry room includes plenty of shelving! Master bedroom has a walk in closet and relaxing spa like bath with soaking tub, separate shower and dual sink vanity. Generous backyard is complete with a covered patio, mature trees and desert landscape. Don't wait! See this home today!!

Last Agent to Sell the Property

Cindy Herrera

eXp Realty License #SA533557000 Listed on: 08/25/2015

eXp Realty

Last Buyer's Agent

Jose Torres

eXp Realty License #SA647099000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,159 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Laveen Elementary School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Arlington Heights Association, Phone Number (480) 555-1212
  • Built by TREND HOMES
  • Arlington Estates Phase 1 Subdivision

Listing and Financial Details

  • Tax Lot 356
  • Assessor Parcel Number 105-89-540

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 2001

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Cross Street: 35TH AVE/BASELINE
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 49.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2014
  • Directions: WEST ON BASELINE TO 39TH AVE ~ NORTH ON 39TH AVE TO POLLACK ~ WEST ON POLLACK TO 40TH LN ~ SOUTH TO HOME
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.36
  • Subdivision Name: ARLINGTON ESTATES PHASE 1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 49.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3159.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 49.0
  • Association Fee Frequency: Monthly
  • Association Name: Arlington Heights
  • Phone: 480-555-1212
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arlington Heights
  • Association Fees:HOA Telephone4: 480-555-1212
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Laveen Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15468.0
  • Parcel #: 105-89-540
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TREND HOMES

Tax Info

  • Tax Annual Amount: 1820.0
  • Tax Book Number: 105.00
  • Tax Lot: 356
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Nov 25, 2015
Sold by
Toanthuy Real Estate Sales Llc
Bought by
Deleon Ortiz Jose A Diaz and Valdez Alejandra Aleman
Seller's Agent
Cindy Herrera
eXp Realty
Buyer's Agent
Jose Torres
eXp Realty
List Price
$234,900
Sold Price
$236,000
Premium/Discount to List
$1,100
0.47%
Current Estimated Value
$550,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,123
Avg. Annual Appreciation
9.00%
Original Mortgage
$231,725
Outstanding Balance
$186,252
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$363,871

Purchase Details

Listed on
Jan 30, 2015
Closed on
Jul 14, 2015
Sold by
Mejia Gloria
Bought by
The Bank Of New York Mellon
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$222,400
Sold Price
$169,050
Premium/Discount to List
-$53,350
-23.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.61%

Purchase Details

Listed on
Jan 30, 2015
Closed on
Jul 10, 2015
Sold by
The Bank Of New York Mellon Corporation
Bought by
Toanthuy Real Estate Sales Llc
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$222,400
Sold Price
$169,050
Premium/Discount to List
-$53,350
-23.99%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Mejia Gloria
Bought by
The Bank Of New York Mellon Corporation

Purchase Details

Closed on
Jan 29, 2015
Sold by
Mejia Gloria
Bought by
The Bank Of New York Mellon Corporation

Purchase Details

Closed on
May 12, 2004
Sold by
Gillan Christine L
Bought by
Mejia Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2001
Sold by
Key Construction Inc
Bought by
Gillan Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,350
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Deleon Ortiz Jose A Diaz $236,000 Great Amer Title Agency Inc
The Bank Of New York Mellon $345,850 None Available
Toanthuy Real Estate Sales Llc $169,050 Great Amer Title Agency Inc
The Bank Of New York Mellon Corporation $345,850 None Available
The Bank Of New York Mellon Corporation $345,850 None Available
Mejia Gloria $280,000 Transnation Title
Gillan Christine L $225,950 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Ortiz Jose A Diaz $231,725
Previous Owner Mejia Gloria $224,000
Previous Owner Gillan Christine L $203,350
Closed Mejia Gloria $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2015 12/11/15 Sold $236,000 +0.5% $75 / Sq Ft
12/03/2015 12/03/15 For Sale $234,900 0.0% $74 / Sq Ft
12/03/2015 12/03/15 Price Changed $234,900 0.0% $74 / Sq Ft
09/08/2015 09/08/15 For Sale $234,900 0.0% $74 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $234,900 +39.0% $74 / Sq Ft
07/24/2015 07/24/15 Sold $169,050 -24.1% $54 / Sq Ft View Prior Sale
06/23/2015 06/23/15 Pending -- -- --
06/02/2015 06/02/15 Price Changed $222,600 +0.1% $70 / Sq Ft
04/16/2015 04/16/15 For Sale $222,400 +31.6% $70 / Sq Ft
04/16/2015 04/16/15 Off Market $169,050 -- --
01/30/2015 01/30/15 For Sale $222,400 -- $70 / Sq Ft
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 $2,485 $17,873 -- --
2024 $2,438 $17,022 -- --
2023 $2,438 $40,150 $8,030 $32,120
2022 $2,365 $29,370 $5,870 $23,500
2021 $2,383 $28,070 $5,610 $22,460
2020 $2,320 $25,820 $5,160 $20,660
2019 $2,326 $21,750 $4,350 $17,400
2018 $2,213 $21,750 $4,350 $17,400
2017 $2,092 $18,900 $3,780 $15,120
2016 $1,986 $17,910 $3,580 $14,330
2015 $1,996 $17,050 $3,410 $13,640
Source: Public Records

Agents Affiliated with this Home

  • Cindy Herrera

    Seller's Agent in 2015

    Cindy Herrera

    eXp Realty

    (623) 628-2040

    6 in this area

    119 Total Sales

    Cindy Herrera
    Section Image
  • Marlene Cerreta

    Seller's Agent in 2015

    Marlene Cerreta

    Cerreta Real Estate

    (623) 266-6888

    1 in this area

    158 Total Sales

    Marlene Cerreta
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Aimee Mitchell

    Cerreta Real Estate

    (602) 617-8935

    1 in this area

    147 Total Sales

    Aimee Mitchell
    Section Image

  • J

    Buyer's Agent in 2015

    Jose Torres

    eXp Realty

    (480) 329-2348

    4 in this area

    49 Total Sales

    Jose Torres
    Section Image

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5325532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-89-540

Arizona Maricopa County Phoenix 85041 Laveen

7446 S 40th Ln, Phoenix, AZ

This home is located at 7446 S 40th Ln, Phoenix, AZ 85041 since 25 August 2015 and is currently estimated at $550,123, approximately $174 per square foot. This property was built in 2001. 7446 S 40th Ln is a home located in Maricopa County with nearby schools including Cesar Chavez High School, Phoenix Coding Academy, and Legacy Traditional School - Laveen Village.

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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