See Home Value
$594,574*
House - Off Market

15205 N 40th Lane

Phoenix, AZ 85053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1848 Sqft
$531,000 - $647,000
Reference Base Price*
0.82%
Since Jul 1, 2023
AZ-Phoenix
Primary Model
Sold Jul 07, 2023
$582,000
$346,700 by Nova Financial & Inv Corp
Mortgage Due Jul 01, 2053

About This Property

Incredible value awaits in this Southwestern home on nearly an acre of land. While the property is in need of some TLC, it presents a remarkable opportunity at a fantastic price for the neighborhood. There is a garage and a large shop providing space for up to a total of 6 cars and RV carport. The potential is limitless for a creative buyer. Embrace the possibilities and transform this diamond in the rough into your dream residence. The lot is 39,212 sq ft, is zoned R1-18. Next Closest house with more than .8acre under $750,000 is in Cave Creek. There is a VOLUNTARY HOA-co-op. It is believed to be an annual fee of $35.00 to be verified by buyer IF buyers decide to join. ---There is a mandatory monthly irrigation fee of $39.50. See Docs-

The manager has listed the unit size as 1848 square feet.
Unit Size
1,848Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$319
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold to Jessica Zarate, Melissa Zar... $582,000
Sold to Jessica Zarate, Melissa Zar...
Jun 17, 2023 No longer available -
No longer available
Jun 2, 2023 Listed $589,750
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • 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: Combination
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 39,212
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNBURST FARMS 14
  • Land Acres: 0.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNBURST FARMS 14 MCR 130-08

Ownership

  • Current Owner : ZARATE JESSICA
  • Current Owner 2: GARCIA MELISSA ZARATE
  • Previous Owner : HORTON FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 104202

Zoning

  • Zoning: R-18

Geography

  • Assessors Map Reference: 13008
  • Parcel: 207-13-091
  • Lot: 455
  • Meridian: SEC 10 TWN 3N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.6236
  • Longitude: -112.145

    Address

  • Full Address: 15205 N 40th Ln
  • Address - House Number: 15205
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C028
  • 4-Digit Zip Code: 4524
  • Zip Code: 85053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,034
  • Tax Rate Code Area: 061308

    Appraisal Valuation

  • Standard Deviation: 0.1333
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 636,205
  • High Value: 721,042
  • Low Value: 551,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,700
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INV CORP
  • First Open Lien Mortgage Recording Date: Jul 07, 2023
  • First Open Lien Mortgage Loan Amount: $346,700
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $456,700
  • Market Land Value: $91,300
  • Market Improvement Value: $365,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,670
  • Assessed Land Value: $9,130
  • Assessed Improvements Value: $36,540

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Transaction ID: 11908959866
  • Current Sale Price: $582,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 354873

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INV CORP
  • First Mortgage Transaction Date: Jul 07, 2023
  • First Mortgage Loan Amount: $346,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,013 ft²
$281/ft²
$565,000 May 19, 2023
-
$143/mo

About Deer Valley


Similar Homes for Sale

Unit for sale at 14637 North 36th Avenue, Phoenix, AZ 85053

$565,000

  • 4 Beds
  • 2 Baths
  • 2,013 ft²
14637 North 36th Avenue, Phoenix, AZ 85053 Listing by Laurentina Fonseca

Nearby Rentals

Unit for rent at 3921 W Altadena Avenue, Phoenix, AZ, 85029

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,505 ft²
3921 W Altadena Avenue, Phoenix, AZ, 85029 Listing by Nicola Bird
Unit for rent at 5123 W Dailey Street, Glendale, AZ, 85306

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,820 ft²
5123 W Dailey Street, Glendale, AZ, 85306 Listing by Cindy Freitas
Unit for rent at 5166 W Laurel Avenue, Glendale, AZ, 85304

$2,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,546 ft²
5166 W Laurel Avenue, Glendale, AZ, 85304 Listing by Tracy Zanardo


Frequently Asked Questions

When was property at 15205 North 40th Lane built and last sold?
The property at 15205 North 40th Lane was built in 1971 and last sold on Jul 7, 2023 for $582,000.
How much is this home worth?
The estimated value of the home located at 15205 North 40th Lane is $589,114.
What are some comparable homes to 15205 North 40th Lane?
Homes that are comparable to 15205 North 40th Lane include a house property at 14637 North 36th Avenue, located in Phoenix, AZ.

Nearby Counties
Quantcast