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7240 South 42nd Place

7240 South 42nd Place, Phoenix, AZ 85042
Sold Dec 30, 1994
$61,000
$36,600 by First Arizona S&l Assoc
Mortgage Due Jan 01, 2025
7240 South 42nd Place 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 1970 and is 54 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7240 South 42nd Place has 720 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 7,075 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of aluminum. The property was last sold in Dec 14, 1994 for $61,000. That's $84.72 per sqft. 7240 South 42nd Place was last assessed in 2023. The total value of the property was assessed at $8,160. Specifically, the land the property is located on was valued at $6,870. While improvements on the property were assessed at a total of $1,290. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $387. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Mobile home
  • Roof Cover Type: Aluminium
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,075
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK RIDGE ESTATES
  • Land Acres: 0.162
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: PARK RIDGE ESTATES MCR 129-22

Ownership

  • Current Owner : SCHROEDER ROLAND J
  • Current Owner 2: SCHROEDER MICHELLE P
  • Previous Owner : ROBINSON JOHN B
  • Previous Owner 2: ROBINSON KATHLEEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 116205

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 12922
  • Parcel: 123-18-147
  • Lot: 144
  • Meridian: SEC 31 TWN 1N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.3804
  • Longitude: -111.991

    Address

  • Full Address: 7240 S 42nd Pl
  • Address - House Number: 7240
  • Street Direction: S
  • Address - Street Name: 42nd
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C094
  • 4-Digit Zip Code: 6313
  • Zip Code: 85042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387
  • Tax Rate Code Area: 031300

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 208,573
  • High Value: 241,900
  • Low Value: 175,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $36,600
  • First Open Lien Mortgage Lender: FIRST ARIZONA S&L ASSOC
  • First Open Lien Mortgage Recording Date: Dec 30, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $36,600
  • 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: Jan 01, 2025

    Market Valuation

  • Market Total Value: $81,600
  • Market Land Value: $68,700
  • Market Improvement Value: $12,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,160
  • Assessed Land Value: $6,870
  • Assessed Improvements Value: $1,290

    Sales

  • Current Sale Contract Date: Dec 14, 1994
  • Current Sale Recording Date: Dec 30, 1994
  • Current Sale Transaction ID: 1005008386
  • Current Sale Price: $61,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94-0904143

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ARIZONA S&L ASSOC
  • First Mortgage Transaction Date: Dec 30, 1994
  • First Mortgage Loan Amount: $36,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About South Mountain



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Frequently Asked Questions

What neighborhood is 7240 South 42nd Place located in?
The 7240 South 42nd Place is a located in the neighborhood of Park Ridge Estates in South Mountain, Phoenix.
What is the average sales price for listings in 7240 South 42nd Place?
The average sales price for units in 7240 South 42nd Place is $0 currently.

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