7601 N 40th Dr Phoenix, AZ 85051
Alhambra NeighborhoodEstimated payment $2,431/month
Highlights
- Very Popular Property
- Eat-In Kitchen
- Laundry Room
- No HOA
- Mini Split Air Conditioners
- Kitchen Island
About This Home
MOVE IN READY! FULLY REMODELED HOME in 2025. PERFECT for a BIG FAMLY, CO-LIVING RENTAL (rent by the room), INVESTOR RENTAL, or even an Assisted Living Home. 6 BEDS & 3 BATHS. NEW ROOF. NEW HVAC. NEW PAINT. NEW FIXTURES. NEW APPLIANCES. LARGE OPEN FLOOR PLAN. NO HOA. LOW TAX = $974/ year. The private suite (bedroom & bathroom) has its own entry door for privacy. PLENTY OF PARKING SPACES. Multiple access doors. Spacious backyard with the Left, Right & Back side gates. Large walk in pantry & storage area. Front courtyard. Metal screen security gates. NO BACKYARD NEIGHBOR for more privacy. LARGE LAUNDRY ROOM with utility sink. Near schools, shoppings, and restaurants. COME SEE HOME TODAY BEFORE IT SOLD! ASK YOUR AGENT FOR THE LINK TO LIST OF UPGRADES, VIDEO & 3D VIRTUAL TOUR!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $974
Year Built
- Built in 1969
Lot Details
- 6,011 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
Parking
- 6 Open Parking Spaces
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,108 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Gas Oven
- Built-In Microwave
- Kitchen Island
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Schools
- Palo Verde Elementary School
- Glendale High School
Utilities
- Mini Split Air Conditioners
- Central Air
- Heating unit installed on the ceiling
- Heating System Uses Natural Gas
- Mini Split Heat Pump
Community Details
- No Home Owners Association
- Association fees include no fees
- Lori Heights Amd Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 151-29-122
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,013 | $9,087 | -- | -- |
| 2024 | $955 | $8,654 | -- | -- |
| 2023 | $955 | $24,070 | $4,810 | $19,260 |
| 2022 | $921 | $18,330 | $3,660 | $14,670 |
| 2021 | $944 | $16,650 | $3,330 | $13,320 |
| 2020 | $919 | $15,160 | $3,030 | $12,130 |
| 2019 | $902 | $13,360 | $2,670 | $10,690 |
| 2018 | $877 | $12,260 | $2,450 | $9,810 |
| 2017 | $874 | $11,210 | $2,240 | $8,970 |
| 2016 | $859 | $9,660 | $1,930 | $7,730 |
| 2015 | $796 | $9,910 | $1,980 | $7,930 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $445,000 | -0.9% | $211 / Sq Ft |
| 10/31/2025 10/31/25 | For Sale | $449,000 | -- | $213 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $330,000 | None Listed On Document | |
| Warranty Deed | -- | Pioneer Title Agency | |
| Warranty Deed | $330,000 | Pioneer Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $302,197 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6941905
APN: 151-29-122
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