tomo logo

$350,000

Beds
3
Baths
2.5
sq ft
1,616

7402 South 40th Lane, Phoenix, AZ 85041

7402 South 40th Lane

Phoenix, AZ 85041

  • 26 days on market
CALLING ALL INVESTORS!!!! Great bones on this one, just needs some elbow grease & minor updating to be a real money maker. Or looking for instant equity in your new home... this is it & plod along making this home your own. Inviting front patio perfect for a porch swing & morning coffee! Inside a spacious great room & dining that opens to kitchen ready with 2 pantries. Upstairs 3 SPACIOUS bedrooms, loft for the kids or home office + the convenient upstairs laundry. Outside is the HUGE pieshaped lot just screaming for a pool, turf & kids playground! Bring on the IDEAS! Located by Cesar Chavez AMAZING park with library, lake, skate park, racquetball, sports fields for baseball & basketball, playgrounds & loads of green grass. Convenient to I10, airport & downtown. Buyer to verify all info.

Details

Property type

Single Family Residence

Est. home value

$361,144

Lot size

5,197 sq ft

Price per sq ft

$217

Year built

2001

Annual property taxes

$1,659

Monthly HOA fee

$80

Price History

12/07/2024
ArizonaRegional

ArizonaRegional #6792091

Listed
$350,000
+180%
08/21/2015
ArizonaRegional

ArizonaRegional #5302301

Sold
$125,000

Schools & Community

Neighborhood: 

Laveen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ks Statebank

Loan start date

October 2018

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

4.52%

Loan type

Credit Line (Revolving)

Seller

Thanhtam Van Phan and Trinh My Thai

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/03/2025 at 1:05 AM

Listing updated: 12/07/2024 at 10:25 AM

Listed by: Lisa M McDermed, West USA Realty Phone #: (602) 942-4200

MLS: ArizonaRegional #6792091

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