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12040 South Potomac Street

12040 South Potomac Street, Phoenix, AZ 85044
Sold Jan 31, 2020
$285,000
$252,000 by Bank Of America Na
Mortgage Due Feb 01, 2050
Sold Jul 25, 2018
$255,500
$244,900 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2048
Local assessors in Phoenix, AZ have categorized 12040 South Potomac Street as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 4,299 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12040 South Potomac Street has a total of 1,422 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jan 27, 2020 for $285,000. That's $200.42 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2018 for $255,500. 12040 South Potomac Street was last assessed in 2023. The total value of the property was assessed at $28,880. Specifically, the land the property is located on was valued at $5,770. While improvements on the property were assessed at a total of $23,110. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,859. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,299
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,422
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,422
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AHWATUKEE RT-2 AMD
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AHWATUKEE RT-2 AMD MCR 195-26

Ownership

  • Current Owner : HAMMOND PETER A
  • Previous Owner : CASEY KERI
  • Previous Owner 2: ESTATE OF JORDAN N BOYD
  • Owner Before Previous Owner: ANICH CATHIE
  • Owner Before Previous Owner 2: ANICH SURVIVORS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 116708

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 19526
  • Parcel: 306-12-056
  • Lot: 2475
  • Municipality: PHOENIX
  • Latitude: 33.3367
  • Longitude: -111.981

    Address

  • Full Address: 12040 S Potomac St
  • Address - House Number: 12040
  • Street Direction: S
  • Address - Street Name: Potomac
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C043
  • 4-Digit Zip Code: 2234
  • Zip Code: 85044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,859
  • Tax Rate Code Area: 281300

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 419,591
  • High Value: 480,031
  • Low Value: 359,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2020
  • First Open Lien Mortgage Loan Amount: $252,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $288,800
  • Market Land Value: $57,700
  • Market Improvement Value: $231,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,880
  • Assessed Land Value: $5,770
  • Assessed Improvements Value: $23,110

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Transaction ID: 11721772571
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200086651
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: Jun 20, 2018
  • Previous Sale Amount: $255,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 31, 2020
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 25, 2018
  • Previous Mortgage Loan Amount: $244,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 12040 South Potomac Street located in?
The 12040 South Potomac Street is a house located in the neighborhood of Ahwatukee Foothills in Ahwatukee Foothills, Phoenix.
What is the average sales price for listings in 12040 South Potomac Street?
The average sales price for units in 12040 South Potomac Street is $0 currently.

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