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2040 East Minton Drive

2040 East Minton Drive, Tempe, AZ 85282
House in Maricopa
Sold Apr 29, 2021
$448,000
$341,600 by Finance Of America Mortgage Ll
Mortgage Due May 01, 2051
Sold Aug 09, 2011
$142,500
$138,200 by Nova Financial & Investment Co
Mortgage Due Sep 01, 2041
2040 East Minton Drive in Tempe, AZ was first built in 1972 and is 52 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2040 East Minton Drive has 1,488 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,924 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2040 East Minton Drive sold most recently in Apr 22, 2021 for a total of $448,000. If you work out the math, that's approximately a cost of $301.08 per sqft. Before that, the property was also sold for $142,500 in Aug 3, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,926 in taxes each year. 2040 East Minton Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,500. If we break it down further, the land itself was valued at $7,300. Improvements to the property, however, were assessed at a total of $29,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,924
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONTINENTAL EAST 5
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CONTINENTAL EAST 5 MCR 142-25

Ownership

  • Current Owner : FRANKOS JEFFREY
  • Current Owner 2: FRANKOS EMILIE C
  • Previous Owner : ARNDT RICHARD H
  • Previous Owner 2: ARNDT AMANDA L
  • Owner Before Previous Owner: PHOENIX FINANCING LLC
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319402

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 14225
  • Parcel: 133-35-120
  • Lot: 662
  • Meridian: SEC 36 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3819
  • Longitude: -111.899

    Address

  • Full Address: 2040 E Minton Dr
  • Address - House Number: 2040
  • Street Direction: E
  • Address - Street Name: Minton
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C072
  • 4-Digit Zip Code: 7436
  • Zip Code: 85282

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,926
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 533,369
  • High Value: 602,839
  • Low Value: 463,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,600
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $341,600
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $365,000
  • Market Land Value: $73,000
  • Market Improvement Value: $292,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,500
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $29,200

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11833535227
  • Current Sale Price: $448,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210479307
  • Previous Sale Recording Date: Aug 09, 2011
  • Previous Sale Contract Date: Aug 03, 2011
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $341,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • Previous Mortgage Transaction Date: Aug 09, 2011
  • Previous Mortgage Loan Amount: $138,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Tempe



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Frequently Asked Questions

What neighborhood is 2040 East Minton Drive located in?
The 2040 East Minton Drive is a house located in the neighborhood of Maricopa in Tempe, Tempe.
What is the average sales price for listings in 2040 East Minton Drive?
The average sales price for units in 2040 East Minton Drive is $405,000 , or $272/sqft. currently.

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