NOT LISTED FOR SALE

8045 N 40th Ave Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $348,703 - $379,000

3 Beds
2 Baths
1,519 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $153,000 $101 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,998/month

5 Days on Market

Highlights

  • Heated Spa
  • Vaulted Ceiling
  • Solar Screens
  • Contemporary Architecture
  • Eat-In Kitchen
  • Private Streets

About This Home

As of September 2015

Split plan home with large master bedroom, large living room and a third bedroom which is ideal for an office. Formal dining area and also and eat-in eating area in the kitchen. Two car garage with lots of storage area. Coved patio and small grass area. Also a small front patio. Vacant and on lockbox for easy showing.

Last Agent to Sell the Property

Lynn Alan Phelps

HomeSmart License #BR046401000 Listed on: 08/01/2015

HomeSmart

Last Buyer's Agent

Rameshwar Adhikari

HomeSmart License #SA561668000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1976

Lot Details

  • 5,201 Sq Ft Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence
  • Grass Covered Lot
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,519 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Solar Screens
  • Family Room with Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Washington Elementary School - Mesa
  • Palo Verde Middle School
  • Glendale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 150-13-431

Community Details

Overview

  • Property has a Home Owners Association
  • Osselaer Association
  • Northern Groves Subdivision
  • FHA/VA Approved Complex

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Northern and 35th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 89.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1976
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: NORTHERN GROVES
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 100.72
  • Association Fees:HOA Fee2: 89.0
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1519.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Front, Grass Back
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • Association Fee Frequency: Monthly
  • Association Name: Northern Groves
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 204.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Northern Groves
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • Association Fees:HOA Management Phone: Osselaer
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Washington Elementary School - Mesa
  • High School: Glendale High School
  • Middle Or Junior School: Palo Verde Middle School

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 5201.0
  • Parcel #: 150-13-431
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 613.0
  • Tax Book Number: 150.00
  • Tax Lot: 75
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
Aug 6, 2015
Sold by
Taylor Geraldine B
Bought by
Bedewi Genet Hailu and Muaraga Teherku Tejeji
Seller's Agent
Lynn Alan Phelps
HomeSmart
Buyer's Agent
Rameshwar Adhikari
HomeSmart
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%
Current Estimated Value
$363,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,336
Avg. Annual Appreciation
8.76%
Original Mortgage
$130,240
Outstanding Balance
$103,193
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$258,483

Purchase Details

Closed on
Mar 3, 2003
Sold by
Taylor Geraldine B
Bought by
Taylor Geraldine B and Geraldine B Taylor Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bedewi Genet Hailu $153,000 First American Title Ins Co
Taylor Geraldine B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedewi Genet Hailu $130,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $153,000 -1.3% $101 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $155,000 -- $102 / 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 $1,044 $9,369 -- --
2024 $984 $8,923 -- --
2023 $984 $24,900 $4,980 $19,920
2022 $950 $19,010 $3,800 $15,210
2021 $974 $17,360 $3,470 $13,890
2020 $948 $16,330 $3,260 $13,070
2019 $930 $14,550 $2,910 $11,640
2018 $904 $13,300 $2,660 $10,640
2017 $901 $11,200 $2,240 $8,960
2016 $885 $7,600 $1,520 $6,080
2015 $625 $7,600 $1,520 $6,080
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lynn Alan Phelps

    HomeSmart

    Section Image
  • Rameshwar Adhikari

    Buyer's Agent in 2015

    Rameshwar Adhikari

    HomeSmart

    (602) 230-7600

    12 Total Sales

    Rameshwar Adhikari
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5315026

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-13-431

Arizona Maricopa County Phoenix 85051 North Mountain Village

8045 N 40th Ave, 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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