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40650 North Key Lane

40650 North Key Lane, Phoenix, AZ 85086
Sold Oct 27, 2021
$452,000
$464,787,000 by Royal Bank Of Canada
Mortgage
Sold May 02, 2019
$285,000
$279,837 by United Wholesale Mortgage
Mortgage Due Jun 01, 2049
40650 North Key Lane in Phoenix, AZ was first built in 2000 and is 24 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 3 partial bathrooms. 40650 North Key Lane has 2,140 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 5,320 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. 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 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 wood. 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, 40650 North Key Lane was last sold in Oct 18, 2021 for $452,000. According to our calculations, that's $211.21 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Apr 4, 2019. Current property owners are expected to pay $2,558 in taxes per year. The property on 40650 North Key Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,720. To break that down further, the land itself was valued at $6,740. While improvements to the property were assessed at a total of $26,980. 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. 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. 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,320
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ANTHEM UNIT 5 AMD
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANTHEM UNIT 5 AMD MCR 514-47

Ownership

  • Current Owner : PROGRESS PHOENIX LLC
  • Previous Owner : JOHNSON JARED B
  • Previous Owner 2: JOHNSON REAGAN E
  • Owner Before Previous Owner: DURAN JORGE
  • Owner Before Previous Owner 2: DURAN REBECCA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 610302

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 51447
  • Parcel: 203-05-351
  • Lot: 546
  • Meridian: SEC 23 TWN 6N RNG 2E
  • Latitude: 33.8537
  • Longitude: -112.135

    Address

  • Full Address: 40650 N Key Ln
  • Legal Unit: 5
  • Address - House Number: 40650
  • Street Direction: N
  • Address - Street Name: Key
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Anthem
  • Carrier Code: R051
  • 4-Digit Zip Code: 2511
  • Zip Code: 85086

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,558
  • Tax Rate Code Area: 970007

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 499,935
  • High Value: 573,163
  • Low Value: 426,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,787,000
  • First Open Lien Mortgage Lender: ROYAL BANK OF CANADA
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Loan Amount: $464,787,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $337,200
  • Market Land Value: $67,400
  • Market Improvement Value: $269,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,720
  • Assessed Land Value: $6,740
  • Assessed Improvements Value: $26,980

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11861174026
  • Current Sale Price: $452,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211155912
  • Previous Sale Recording Date: May 02, 2019
  • Previous Sale Contract Date: Apr 04, 2019
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 02, 2019
  • Previous Mortgage Loan Amount: $279,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About New River



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 40650 North Key Lane located in?
The 40650 North Key Lane is a house located in the neighborhood of Sun City Anthem in New River, Phoenix.
What is the average sales price for listings in 40650 North Key Lane?
The average sales price for units in 40650 North Key Lane is $0 currently.

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