NOT LISTED FOR SALE

8834 N 40th Ave Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $288,000 - $379,000

3 Beds
2 Baths
1,404 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 20, 2013

Last sale price $100,001 $71 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,842/month

10 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Patio
  • Corner Lot
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of June 2013

Great family home on a corner lot with pool, block fence, outside storage sheds, and a nice addition with inside laundry room. Most interior windows have shutters. *Garage depth is shorter than standard depth. For overbidding and/or escrow repair information, please see attached “Overbidding and Escrow Repair” MLS addendum.” LBP Required.

Last Agent to Sell the Property

David Rod

Keller Williams Arizona Realty License #BR030757000 Listed on: 04/12/2013

Keller Williams Arizona Realty

Last Buyer's Agent

Mark Perkins

HomeSmart License #SA575721000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Storage

Schools

  • Manzanita Elementary School
  • Palo Verde Middle School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • New Castle Homes 04 Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 150-23-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 43rd Avenue and Dunlap
  • Legal Info Range: 02E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1962
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: New Castle Homes 04
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 71.23
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1404.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Storage
  • Lot Features: Corner Lot, Dirt Back, Gravel/Stone Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Manzanita Elementary School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 150-23-045
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 654.58
  • Tax Book Number: 150.00
  • Tax Lot: 45
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 18, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Wright Steven and Wright Yahya Beatrice
Seller's Agent
David Rod
Keller Williams Arizona Realty
Buyer's Agent
Mark Perkins
HomeSmart
List Price
$80,000
Sold Price
$100,001
Premium/Discount to List
$20,001
25%
Current Estimated Value
$335,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,356
Avg. Annual Appreciation
10.22%
Original Mortgage
$75,000
Outstanding Balance
$53,088
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$282,269

Purchase Details

Closed on
Aug 9, 2012
Sold by
Dennis Robert and Dennis Sarah
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 25, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dennis Robert and Dennis Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,976
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2008
Sold by
Burgess James and Burgess Rachel
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,976
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2005
Sold by
Furcini Properties Inc
Bought by
Burgess James and Burgess Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Ventgen Ron
Bought by
Furcini Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,230
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Steven -- Grand Canyon Title Agency
Bank Of America Na $148,536 None Available
The Secretary Of Housing & Urban Develop -- None Available
Dennis Robert $131,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $157,500 First American Title
Burgess James $184,000 --
Furcini Properties Inc $98,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Steven $75,000
Previous Owner Dennis Robert $128,976
Previous Owner Burgess James $174,800
Previous Owner Furcini Properties Inc $111,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2013 06/20/13 Sold $100,001 +25.0% $71 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $80,000 -- $57 / 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 $928 $7,300 -- --
2024 $877 $6,952 -- --
2023 $877 $23,870 $4,770 $19,100
2022 $848 $18,150 $3,630 $14,520
2021 $859 $16,370 $3,270 $13,100
2020 $838 $15,210 $3,040 $12,170
2019 $822 $13,150 $2,630 $10,520
2018 $801 $11,980 $2,390 $9,590
2017 $797 $10,780 $2,150 $8,630
2016 $782 $10,220 $2,040 $8,180
2015 $724 $9,910 $1,980 $7,930
Source: Public Records

Agents Affiliated with this Home

  • David Rod

    Seller's Agent in 2013

    David Rod

    Keller Williams Arizona Realty

    (602) 989-8000

    5 in this area

    110 Total Sales

    David Rod
    Section Image
  • Mark Perkins

    Buyer's Agent in 2013

    Mark Perkins

    HomeSmart

    (602) 518-8294

    1 in this area

    86 Total Sales

    Mark Perkins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4919382

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-23-045

Arizona Maricopa County Phoenix 85051 North Mountain Village

8834 N 40th Ave, Phoenix, AZ

Not Listed for Sale

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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