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8531 South 40th Drive

8531 South 40th Drive, Laveen, AZ 85339
Sold Nov 20, 2019
$328,990
$252,369 by Loanpal Llc
Mortgage Due Dec 01, 2050
Local assessors in Laveen, AZ have categorized 8531 South 40th Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,175 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 8531 South 40th Drive has a total of 2,592 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. 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. 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 frame control joints. The building has a roof that is made of concrete. Lots of a combination of material 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. 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, 8531 South 40th Drive sold most recently in Nov 18, 2019 for a total of $328,990. If you work out the math, that's approximately a cost of $126.93 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 $3,197 in taxes each year. 8531 South 40th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,230. If we break it down further, the land itself was valued at $7,840. Improvements to the property, however, were assessed at a total of $31,390. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,175
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 2,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AROSA ESTATES
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AROSA ESTATES MCR 1327-12

Ownership

  • Current Owner : RUIZ JIMMY G
  • Current Owner 2: RUIZ MARIA A
  • Previous Owner : GEHAN HOMES OF ARIZONA LLC

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116610

Zoning

  • Zoning: R18

Geography

  • Assessors Map Reference: MB 132712
  • Parcel: 300-15-950
  • Lot: 36
  • Meridian: SEC 3 TWN 1S RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.3689
  • Longitude: -112.145

    Address

  • Full Address: 8531 S 40th Gln
  • Address - House Number: 8531
  • Street Direction: S
  • Address - Street Name: 40th
  • Address - Suffix Type: Gln
  • State: AZ
  • City Name: Laveen
  • Carrier Code: R009
  • 4-Digit Zip Code: 7609
  • Zip Code: 85339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,197
  • Tax Rate Code Area: 591300

    Appraisal Valuation

  • Standard Deviation: 0.1466
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 536,028
  • High Value: 614,627
  • Low Value: 457,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,369
  • First Open Lien Mortgage Lender: LOANPAL LLC
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $252,369
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $392,300
  • Market Land Value: $78,400
  • Market Improvement Value: $313,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,230
  • Assessed Land Value: $7,840
  • Assessed Improvements Value: $31,390

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Transaction ID: 11679680876
  • Current Sale Price: $328,990
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20190938953

    Last Sale Mortgage

  • First Mortgage Lender: AZ LENDING LLC
  • First Mortgage Transaction Date: Nov 20, 2019
  • First Mortgage Loan Amount: $202,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2049

About Laveen



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Frequently Asked Questions

What neighborhood is 8531 South 40th Drive located in?
The 8531 South 40th Drive is a house located in the neighborhood of Montana Vista in Laveen, Laveen.
What is the average sales price for listings in 8531 South 40th Drive?
The average sales price for units in 8531 South 40th Drive is $0 currently.

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