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3720 North 40th Place

3720 North 40th Place, Phoenix, AZ 85018
Sold Jan 05, 2022
$1,050,000
$600,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2052
Sold Jun 16, 2016
$603,000
$480,000 by Firstbank
Mortgage Due Jul 01, 2046
3720 North 40th Place in Phoenix, AZ was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 3720 North 40th Place has 2,514 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 6,319 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 frame control joints. The exterior walls of the home are made of a combination of material. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3720 North 40th Place was last sold in Dec 3, 2021 for $1,050,000. According to our calculations, that's $417.66 per sqft. Prior to that sales transaction, the property was sold for $603,000 in Jun 9, 2016. Current property owners are expected to pay $3,415 in taxes per year. The property on 3720 North 40th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,520. To break that down further, the land itself was valued at $15,100. While improvements to the property were assessed at a total of $60,420. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,319
  • Total Building Area: 2,514
  • Gross Building Area: 2,514
  • Building Area: 2,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ORCHARD HOUSE
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORCHARD HOUSE MCR 1201-03

Ownership

  • Current Owner : SCHMACHTENBERGER SARA
  • Current Owner 2: SCHWAB CHARLES
  • Previous Owner : NGUYEN TRI
  • Previous Owner 2: TRAN DEMI
  • Owner Before Previous Owner: GENEVA CLARENDON LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 111000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 120103
  • Parcel: 127-16-092
  • Lot: 2
  • Meridian: SEC 30 TWN 2N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.4911
  • Longitude: -111.995

    Address

  • Full Address: 3720 N 40th Pl
  • Address - House Number: 3720
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C051
  • 4-Digit Zip Code: 5244
  • Zip Code: 85018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,415
  • Tax Rate Code Area: 481308

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,104,247
  • High Value: 1,254,867
  • Low Value: 953,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $755,200
  • Market Land Value: $151,000
  • Market Improvement Value: $604,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,520
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $60,420

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Transaction ID: 11876633178
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20220011759
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: Jun 09, 2016
  • Previous Sale Amount: $603,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 05, 2022
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Jun 16, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Camelback East



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Frequently Asked Questions

What neighborhood is 3720 North 40th Place located in?
The 3720 North 40th Place is a located in the neighborhood of Arcadia Lofts Condominiums in Camelback East, Phoenix.
What is the average sales price for listings in 3720 North 40th Place?
The average sales price for units in 3720 North 40th Place is $0 currently.

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