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5317 North 40th Street

5317 North 40th Street, Phoenix, AZ 85018
Sold Feb 28, 2022
$2,285,813
$1,828,650 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2052
Sold Feb 06, 1998
$225,000
Local assessors in Phoenix, AZ have categorized 5317 North 40th Street as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 39,875 square feet. As for the restroom situation, there are 5 full bathrooms. There are also 5 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 5317 North 40th Street has a total of 4,219 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 3 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 concrete block 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 - B. The building has a roof that is made of concrete. Lots of block 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. 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, 5317 North 40th Street was last sold in Feb 24, 2022 for $2,285,813. According to our calculations, that's $541.79 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Dec 28, 1997. Current property owners are expected to pay $7,879 in taxes per year. The property on 5317 North 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,560. To break that down further, the land itself was valued at $32,510. While improvements to the property were assessed at a total of $130,050. 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

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 39,875
  • Total Building Area: 4,219
  • Gross Building Area: 4,219
  • Building Area: 4,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,219
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CUDIA CITY ESTATES
  • Land Acres: 0.915
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CUDIA CITY ESTATES MCR 56/37

Ownership

  • Current Owner : MITTAL BHAIRAVI S
  • Current Owner 2: MITTAL VIKAS
  • Previous Owner : RANDALL GRACE R
  • Owner Before Previous Owner: SANDAHL DOUGLAS C
  • Owner Before Previous Owner 2: SANDAHL PEGGY A

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 107900

Zoning

  • Zoning: R-24

Geography

  • Assessors Map Reference: 5637
  • Parcel: 171-08-071
  • Lot: 46
  • Meridian: SEC 18 TWN 2N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.5156
  • Longitude: -111.995

    Address

  • Full Address: 5317 N 40th St
  • Address - House Number: 5317
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C048
  • 4-Digit Zip Code: 1601
  • Zip Code: 85018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,879
  • Tax Rate Code Area: 481300

    Appraisal Valuation

  • Standard Deviation: 0.1367
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 2,384,008
  • High Value: 2,710,016
  • Low Value: 2,058,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,828,650
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $1,828,650
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $1,625,600
  • Market Land Value: $325,100
  • Market Improvement Value: $1,300,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,560
  • Assessed Land Value: $32,510
  • Assessed Improvements Value: $130,050

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880195916
  • Current Sale Price: $2,285,813
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 185146
  • Previous Sale Recording Date: Feb 06, 1998
  • Previous Sale Contract Date: Dec 28, 1997
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $1,828,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

About Camelback East



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Frequently Asked Questions

What neighborhood is 5317 North 40th Street located in?
The 5317 North 40th Street is a located in the neighborhood of Cudia City Estates in Camelback East, Phoenix.
What is the average sales price for listings in 5317 North 40th Street?
The average sales price for units in 5317 North 40th Street is $0 currently.

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