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Sold for $345,000
  • $345,000

    7026 S 40TH Place, Phoenix, AZ 85042

    2beds
    2baths
    924sqft
    Single Family Residence
    Built in 1985
    5,663 Square Feet Lot
    $340,800 Zestimate®
    $373/sqft
    $2,059 Estimated rent

    Home value

    $340,800

    $310,000 - $375,000

    $2,059/mo

    Zestimate® history
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    What's special

    Open floor planSpacious kitchenFront courtyardGorgeous mountain viewsCorner lotDual pane windowsSpacious covered back patio
    This corner lot boasts gorgeous mountain views & one of the largest lots in the community; right on the greenbelt! Located near South Mountain hiking trails, The Farm and much more! This 2 bedroom/2 full bath home has a great open floor plan, vaulted ceilings & 2 car garage. The NEW 2025 AC will give you peace of mind during Phoenix summers. It has fresh paint throughout & the refrigerator, washer & dryer are included. The spacious kitchen has granite counters, stainless steel appliances, & a pantry. Dual pane windows for energy efficiency & the HOA covers front lawn water & maintenance. Enjoy your morning coffee in the front courtyard & watch the sunset from your spacious covered back patio. Ask about seller concessions. Make this move-in ready GEM your home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Lynne Robbins 623-414-2107,

    HomeSmart

    Bought with:

    Theresa R Marquez, SA686976000

    Barrett Real Estate

    Source: ARMLS,MLS#: 6872818MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Electric, Ceiling
    Cooling
    • Central Air
    Features
    • Granite Counters, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 924
    • Total interior livable area: 924 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Gated, Garage Door Opener, Detached
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron,Wood
    Lot
    • Size: 5,663 sqft
    • Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 12318518

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame, Painted
    • Roof: Composition
    Condition
    • Year built: 1985
    Details
    • Builder name: KNOELL HOMES

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Biking/Walking Path
    Location
    • Region: Phoenix
    • Subdivision: CIMARRON AMD

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $100 monthly
    • Services included: Maintenance Grounds, Front Yard Maint
    • Association name: Cimarron
    • Association phone: 623-974-8585

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/8/2025Sold$345,000+3%$373/sqft
    Source: ARMLS #6872818 Report a problem
    6/26/2025Contingent$335,000$363/sqft
    Source: HomeSmart #6872818 Report a problem
    5/29/2025Listed for sale$335,000-2.9%$363/sqft
    Source: ARMLS #6872818 Report a problem
    10/7/2022Sold$345,000-1.1%$373/sqft
    Source: ARMLS #6452608 Report a problem
    8/25/2022Pending sale$349,000$378/sqft
    Source: ARMLS #6452608 Report a problem
    8/20/2022Listed for sale$349,000+83.2%$378/sqft
    Source: ARMLS #6452608 Report a problem
    7/2/2019Sold$190,500-2.3%$206/sqft
    Source: ARMLS #5922478 Report a problem
    5/10/2019Pending sale$194,900+2.6%$211/sqft
    Source: HomeSmart #5922478 Report a problem
    5/8/2019Listed for sale$189,900+89.9%$206/sqft
    Source: HomeSmart #5922478 Report a problem
    4/1/2018Listing removed$1,125$1/sqft
    Source: Owner Report a problem
    3/30/2018Listed for rent$1,125+41.5%$1/sqft
    Source: Owner Report a problem
    4/16/2015Sold$100,000-11.4%$108/sqft
    Source: Public Record Report a problem
    3/23/2015Listed for sale$112,900+32.8%$122/sqft
    Source: Keller Williams Realty East Valley #5254099 Report a problem
    4/28/2011Listing removed$795$1/sqft
    Source: 877EZOwnNow.com Report a problem
    1/30/2011Listed for rent$795$1/sqft
    Source: 877EZOwnNow.com Report a problem
    10/9/2009Sold$85,000+41.9%$92/sqft
    Source: Public Record Report a problem
    7/30/2009Listed for sale$59,900-40.1%$65/sqft
    Source: foreclosure.com Report a problem
    3/13/2003Sold$100,000+29.9%$108/sqft
    Source: Public Record Report a problem
    1/30/1998Sold$77,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$624 -7.6%$25,710 -5.9%
    2024$676 +17.1%$27,310 +382%
    2023$577 -11%$5,666 -65.8%
    2022$649 +2.3%$16,560 +6.6%
    2021$634 +1.9%$15,530 +10.7%
    2020$622 +2.6%$14,030 +19.3%
    2019$607 $11,760 +3.6%
    2018$607 +3.4%$11,350 +13.5%
    2017$587 +7.4%$10,000 +31.6%
    2016$546 -3.4%$7,600 +35.5%
    2015$565 $5,610 +26.9%
    2014-- $4,420 +33.1%
    2013-- $3,320 -17.4%
    2012-- $4,020 -35.4%
    2011-- $6,220 -26%
    2010-- $8,400 -33.8%
    2009-- $12,680 -11%
    2008-- $14,250 +23.9%
    2007-- $11,500 +23%
    2006-- $9,350
    2005-- $9,350 +31.7%
    2004-- $7,100
    2003-- $7,100 +20.3%
    2002-- $5,900

    Find assessor info on the county website

    Neighborhood: South Mountain

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Frank Elementary School
    • Middle: Geneva Epps Mosley Middle School
    • High: Tempe High School
    • District: Tempe School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $340,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $340,800