7402 S 40th Lane, Phoenix, AZ 85041
$320,000
Property Type:
Residential
Bedrooms:
3
Baths:
2.5
Square Footage:
1,616
Lot Size (sq. ft.):
5,197
Status:
Closed
Current Price:
$320,000
Last Modified:
7/08/2025
Description
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.
More Information MLS# 6792091
Contract Information
Sold Price: $320,000
Status: Closed
Current Price: $320,000
List Date: 2024-12-06
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 7402
Compass: S
Street Name: 40th
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85041
County Code: Maricopa
Assessor Number: 105-89-529
Subdivision: ARLINGTON ESTATES
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
# Bathrooms: 2.5
Approx SQFT: 1616
Price/SqFt: 198.01
Horses: N
Builder Name: UNKNOWN
Year Built: 2001
Approx Lot SqFt: 5197
Approx Lot Acres: 0.119
Remarks Misc
Cross Street: BASELINE and 43rd AVENUE
Directions: BASELINE EAST.... 40TH AVENUE NORTH.... DARROW WEST.... WILL CURVE NORTH & BECOME 40th LANE
Geo Lat: 33.379852
Geo Lon: -112.146589
Status Change Info
Off Market Date: 2025-04-04
Under Contract Date: 2025-04-03
Close of Escrow Date: 2025-05-07
Sold Price: $320,000
Legal Info
Lot Number: 345
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-825-1366
Sold Info
Loan Type: Conventional
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 925
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm
Master Bedroom: Upstairs
Fireplace Features: No Fireplace
Flooring: Carpet; Tile
Pool Features: No Pool
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Refrigerator
Laundry: Washer Included; Dryer Included; Upstairs Laundry
Other Rooms: Loft
Exterior Features: Patio
Parking Features: Garage Door Opener
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Tile
Cooling: Central Air; Ceiling Fan(s)
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: Corner Lot
Landscaping: Dirt Back; Desert Front
Lockbox Type: Supra
Possession: By Agreement
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail
Listing Office: West USA Realty
Last Updated: July - 08 - 2025
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