NOT LISTED FOR SALE

817 N 40th Ave Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $413,000 - $603,000

1 Bed
2 Baths
2,188 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $355,000 $162 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,941/month

11 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2017

Great income producing tri plex. Front dwelling was a duplex but owner converted in to one single unit so Dwelling now has 5 bedrooms, 3 bath. Rear apartments 2 (separate bldgs) consist of (2) two bedroom apt and 1 bath. 1 is vacant. 1 with Stable tenants with positive cash-flow $1,400 a month. Rent also includes utilities. Motivated seller. Property also has 6 horse stalls in the back that can be rented for additional income.

Last Agent to Sell the Property

Fatima Sanchez

My Home Group Real Estate License #SA660362000 Listed on: 11/09/2017

My Home Group Real Estate

Last Buyer's Agent

Eva Beltran

neXGen Real Estate License #SA663805000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1950

Lot Details

  • 0.69

Parking

  • Common or Shared Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 106-04-032-A

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 30056

Building Details

  • Operating Expense $2,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 40th ave/ Van Buren
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1950
  • Tax Year: 1292
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 30056
  • Additional Parcels: No
  • Parcel #: 106-04-032-A

Multi Family

  • Owner Pays: Water
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 2016.0

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 106.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Dec 12, 2017
Sold by
Carlos Pascual and Carlos Irma
Bought by
Salguiero Hilario Lopez
Seller's Agent
Fatima Sanchez
My Home Group Real Estate
Buyer's Agent
Eva Beltran
neXGen Real Estate
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%
Current Estimated Value
$500,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,333
Avg. Annual Appreciation
4.47%
Original Mortgage
$284,000
Outstanding Balance
$239,103
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$261,230

Purchase Details

Closed on
Aug 2, 2007
Sold by
Aguirre Pascuala
Bought by
Aguirre Rogelio Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
11.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2007
Sold by
Carlos Pascual and Carlos Irma
Bought by
Aguirre Rogelio Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
11.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salguiero Hilario Lopez $355,000 Security Title Agency Inc
Aguirre Rogelio Sanchez -- Ticor Title Agency Of Az Inc
Aguirre Rogelio Sanchez $301,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguiero Hilario Lopez $284,000
Previous Owner Aguirre Rogelio Sanchez $240,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $355,000 -1.4% $162 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $359,900 -- $164 / 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 $3,461 $21,131 -- --
2024 $3,376 $20,124 -- --
2023 $3,376 $30,320 $6,060 $24,260
2022 $3,220 $23,980 $4,790 $19,190
2021 $3,209 $27,950 $5,590 $22,360
2020 $3,150 $26,760 $5,350 $21,410
2019 $3,095 $21,900 $4,380 $17,520
2018 $1,342 $15,120 $3,020 $12,100
2017 $1,334 $14,410 $2,880 $11,530
2016 $1,292 $14,820 $2,960 $11,860
2015 $1,195 $11,770 $2,350 $9,420
Source: Public Records

Agents Affiliated with this Home

  • Fatima Sanchez

    Seller's Agent in 2017

    Fatima Sanchez

    My Home Group Real Estate

    (623) 217-9987

    2 in this area

    51 Total Sales

    Fatima Sanchez
    Section Image

  • E

    Buyer's Agent in 2017

    Eva Beltran

    neXGen Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5685521

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-04-032A

Arizona Maricopa County Phoenix 85009 Estrella Village

817 N 40th Ave, Phoenix, AZ

This home is located at 817 N 40th Ave, Phoenix, AZ 85009 since 09 November 2017 and is currently estimated at $500,333, approximately $228 per square foot. This property was built in 1950. 817 N 40th Ave is a home located in Maricopa County with nearby schools including Alta E Butler School, Carl Hayden High School, and Phoenix Coding Academy.

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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