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4040 East Whitney Lane

4040 East Whitney Lane, Phoenix, AZ 85032
Property in Paradise Valley
Sold Mar 06, 2020
$535,000
$428,000 by Citywide Home Loans
Mortgage Due Apr 01, 2050
Sold Apr 26, 2011
Transfer
Local assessors in Phoenix, AZ have categorized 4040 East Whitney Lane as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 28,912 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 4040 East Whitney Lane has a total of 3,405 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 concrete block control joints. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. Residents rely on a evaporative cooler 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, 4040 East Whitney Lane sold most recently in Mar 3, 2020 for a total of $535,000. If you work out the math, that's approximately a cost of $157.12 per sqft. 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 $4,211 in taxes each year. 4040 East Whitney Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,460. If we break it down further, the land itself was valued at $14,890. Improvements to the property, however, were assessed at a total of $59,570. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 28,912
  • Total Building Area: 3,405
  • Gross Building Area: 3,405
  • Building Area: 3,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Yes
  • Heated Square Feet: 3,405
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TH PT SE4 NW4 OF W 40 AC LOT 2 DAF BEG SW COR SW4 NW4 OF W 40 AC LOT 2 TH N 30F TH E 329.582F TPOB TH N 245.516F TH E 20.01F TH S 60.02F TH E 129.46F TH S 185.40F TH W 149.38F TPOB P/F 11-958014

Ownership

  • Current Owner : LING LISA
  • Current Owner 2: CALLAHAN GARY
  • Previous Owner : HENZE WILLIAM F
  • Previous Owner 2: ESTATE OF LUIS A MERLINO
  • Owner Before Previous Owner: CHOMICHUK LIMITED PARTNERSHIP
  • Owner Before Previous Owner 2: WHITE SHIRLEY M
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 103211

Zoning

  • Zoning: R-14

Geography

  • Parcel: 215-71-004-H
  • Lot: 2
  • Meridian: SEC 7 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6213
  • Longitude: -111.995

    Address

  • Full Address: 4040 E Whitney Ln
  • Address - House Number: 4040
  • Street Direction: E
  • Address - Street Name: Whitney
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C102
  • 4-Digit Zip Code: 4704
  • Zip Code: 85032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,211
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,069,306
  • High Value: 1,214,021
  • Low Value: 924,591

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: CITYWIDE HOME LOANS
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Loan Amount: $428,000
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: DESERT FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Feb 16, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $744,600
  • Market Land Value: $148,900
  • Market Improvement Value: $595,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,460
  • Assessed Land Value: $14,890
  • Assessed Improvements Value: $59,570

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11745058237
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200199909
  • Previous Sale Recording Date: Apr 26, 2011
  • Previous Sale Contract Date: Apr 08, 2011
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITYWIDE HOME LOANS
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $428,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 4040 East Whitney Lane located in?
The 4040 East Whitney Lane is a located in the neighborhood of Paradise Valley in Paradise Valley, Phoenix.
What is the average sales price for listings in 4040 East Whitney Lane?
The average sales price for units in 4040 East Whitney Lane is $0 currently.

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