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2940 South 73rd Lane

2940 South 73rd Lane, Phoenix, AZ 85043
Sold Feb 10, 2020
$238,000
$235,000 by Nova Financial & Investment Co
Mortgage Due Nov 01, 2051
Sold May 11, 2018
$200,000
$194,000 by New West Lending Inc
Mortgage Due Jun 01, 2048
Local assessors in Phoenix, AZ have categorized 2940 South 73rd Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 6,420 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 2940 South 73rd Lane has a total of 1,559 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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 concrete. 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. 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, 2940 South 73rd Lane sold most recently in Feb 5, 2020 for a total of $238,000. If you work out the math, that's approximately a cost of $152.66 per sqft. Before that, the property was also sold for $200,000 in May 11, 2018. 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 $1,185 in taxes each year. 2940 South 73rd Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,930. If we break it down further, the land itself was valued at $5,180. Improvements to the property, however, were assessed at a total of $20,750. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Exterior

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,420
  • Total Building Area: 1,559
  • Gross Building Area: 1,559
  • Building Area: 1,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,559
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRAVERTINE AT ESTRELLA VILLAGE UNIT 2
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRAVERTINE AT ESTRELLA VILLAGE UNIT 2 MCR 606-21

Ownership

  • Current Owner : VARGAS ALEJANDRO VARGAS
  • Current Owner 2: MELGAREJO RAFAELA
  • Previous Owner : CHAPARRO MARIO A FONTES
  • Owner Before Previous Owner: OPENDOOR PROPERTY W17 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tolleson Union High School District
  • Census Tract: 112517

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 60621
  • Parcel: 104-52-232
  • Lot: 67
  • Meridian: SEC 24 TWN 1N RNG 1E
  • Municipality: PHOENIX
  • Latitude: 33.4196
  • Longitude: -112.219

    Address

  • Full Address: 2940 S 73rd Ln
  • Legal Unit: 2
  • Address - House Number: 2940
  • Street Direction: S
  • Address - Street Name: 73rd
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: R086
  • 4-Digit Zip Code: 7265
  • Zip Code: 85043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,185
  • Tax Rate Code Area: 451300

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 383,972
  • High Value: 439,618
  • Low Value: 328,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $259,300
  • Market Land Value: $51,800
  • Market Improvement Value: $207,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,930
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $20,750

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11723966522
  • Current Sale Price: $238,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200111778
  • Previous Sale Recording Date: May 11, 2018
  • Previous Sale Contract Date: May 11, 2018
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $233,689
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEW WEST LENDING INC
  • Previous Mortgage Transaction Date: May 11, 2018
  • Previous Mortgage Loan Amount: $194,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Estrella



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Frequently Asked Questions

What neighborhood is 2940 South 73rd Lane located in?
The 2940 South 73rd Lane is a house located in the neighborhood of Travertine at Estrella Village in Estrella, Phoenix.
What is the average sales price for listings in 2940 South 73rd Lane?
The average sales price for units in 2940 South 73rd Lane is $0 currently.

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