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40532 North 3rd Avenue

40532 North 3rd Avenue, Phoenix, AZ 85086
Land in New River
Sold Jun 30, 2021
$630,000
$504,000 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2051
Sold Oct 25, 2013
$59,900
$47,920 by Lois I Jones
Mortgage
40532 North 3rd Avenue has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 2021 and is 3 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 40532 North 3rd Avenue has 2,348 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,622 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it 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, 40532 North 3rd Avenue was last sold in May 11, 2021 for $630,000. According to our calculations, that's $268.31 per sqft. Prior to that sales transaction, the property was sold for $59,900 in Oct 23, 2013. Current property owners are expected to pay $3,082 in taxes per year. The property on 40532 North 3rd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,480. To break that down further, the land itself was valued at $10,690. While improvements to the property were assessed at a total of $42,790. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior Insulation Finishing System

Parking

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

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 43,622
  • Total Building Area: 2,348
  • Gross Building Area: 2,348
  • Building Area: 2,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.001
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Utilities (right-of-way only)
  • Legal Description 1: TH POR N2 NE4 SW4 NW4 SEC 20 DAF COM NW COR SD SEC 20 TH S 1320.86F TH E 1057.60F TO POB TH CON E 264.38F TH S 165.09F TH W 264.38F TH N 164.90F TO POB P/F 06-0793829

Ownership

  • Current Owner : TISLAND ERIN
  • Current Owner 2: TISLAND JEREMY
  • Previous Owner : EDBERG ERIC A
  • Previous Owner 2: EDBERG SUSAN D
  • Owner Before Previous Owner: JONES LOIS I
  • Owner Before Previous Owner 2: JONES MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 610500

Zoning

  • Zoning: R-43

Geography

  • Parcel: 211-73-011-G
  • Latitude: 33.8533
  • Longitude: -112.079

    Address

  • Full Address: 40532 N 3rd Ave
  • Address - House Number: 40532
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: H012
  • 4-Digit Zip Code: 7131
  • Zip Code: 85086

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,082
  • Tax Rate Code Area: 970001

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 811,172
  • High Value: 920,952
  • Low Value: 701,392

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $504,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $534,800
  • Market Land Value: $106,900
  • Market Improvement Value: $427,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,480
  • Assessed Land Value: $10,690
  • Assessed Improvements Value: $42,790

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841326542
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210721344
  • Previous Sale Recording Date: Oct 25, 2013
  • Previous Sale Contract Date: Oct 23, 2013
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOIS I JONES
  • Previous Mortgage Transaction Date: Oct 25, 2013
  • Previous Mortgage Loan Amount: $47,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About New River



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Frequently Asked Questions

What neighborhood is 40532 North 3rd Avenue located in?
The 40532 North 3rd Avenue is a land located in the neighborhood of New River in New River, Phoenix.
What is the average sales price for listings in 40532 North 3rd Avenue?
The average sales price for units in 40532 North 3rd Avenue is $129,900 currently.

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