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318 N 40th Ave; Phoenix, AZ Property Details

318 N 40th Ave, Phoenix, AZ is a Duplex 2 Units that was built in 1958. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 318 N 40th Ave has 3 bathrooms, and a total of 2,177 square feet. The lot size of 318 N 40th Ave is 9,583 square feet.

Off market
318 N 40th Ave Phoenix, AZ 85009
$25,000 Listing Price
3 Baths
2,177 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1958
  • Purchase Price: $25,000
  • Open Loans / Balance: 1 / $39,796
  • Est. Equity / %: $434,204 / 91.6%
  • Gross Yield: 7.122%
  • APN: 106-03-044
  • Situs County: Maricopa
  • Length Of Ownership: 13 years, 8 months

Rooms

  • Bathrooms: 3

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: E
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,177/SqFt
  • Lot: 9,583/SqFt
  • Gross: 2,177/SqFt
  • Garage: 287/SqFt
  • Living: 2,177/SqFt
  • Building: 2,177/SqFt
  • Ground: 2,177/SqFt
  • Price Per Square Foot: $11.48

Legal Description

  • Description: PT W2 SE4 SW4 BEG 260' N OF INTERSEC OF NLY LI VAN BUREN ST WITH WESTERLY LINE 40TH AVE TH N 0D 05' 30 E 60' ALG SD 40TH AVE TH N 89D 55' 30 W 157.16 ' THS 0D 04' 30 W 60' TH E 156.90' TO BEG .22 AC
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Phoenix Union High School District
  • Lat / Lon: 33.45227 / -112.14565
  • Property Class: Residential
  • Zoning: M-M
  • County Use Code: 8612

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4033
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

318 N 40th Ave has no associated ownership info
318 N 40th Ave has no associated ownership info.

Taxes

318 N 40th Ave has 9 associated Taxes items

318 N 40th Ave, Phoenix, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,908. The APN we've located for 318 N 40th Ave is 106-03-044.

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Taxes
  • Assessed Value:  $3,908
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  106-03-044
  • Market Land Value:  78200
  • Tax Amount:  634.92
  • Tax Year:  2025
  • Market Value:  391200
  • Market Year:  2025

Tax History

318 N 40th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,908 Land Value Improvement Value Tax Amount $634.92 Change Rate -0.008092% Assessed CR Tax Rate +0.162467%
Year 2024 Assessed Value $3,722 Land Value Improvement Value Tax Amount $640.1 Change Rate +0.025111% Assessed CR Tax Rate +0.171977%
Year 2023 Assessed Value $27,510 Land Value $5,500 Improvement Value $22,010 Tax Amount $624.42 Change Rate +0.088447% Assessed CR Tax Rate +0.022698%
Year 2022 Assessed Value $18,370 Land Value $3,670 Improvement Value $14,700 Tax Amount $573.68 Change Rate +0.016298% Assessed CR Tax Rate +0.031229%
Year 2021 Assessed Value $16,510 Land Value $3,300 Improvement Value $13,210 Tax Amount $564.48 Change Rate +0.020022% Assessed CR Tax Rate +0.03419%
Year 2020 Assessed Value $12,600 Land Value $2,520 Improvement Value $10,080 Tax Amount $553.4 Change Rate +0.01919% Assessed CR Tax Rate +0.043921%
Year 2019 Assessed Value $11,080 Land Value $2,210 Improvement Value $8,870 Tax Amount $542.98 Change Rate -0.020846% Assessed CR Tax Rate +0.049005%
Year 2018 Assessed Value $8,820 Land Value $1,760 Improvement Value $7,060 Tax Amount $554.54 Change Rate +0.049272% Assessed CR Tax Rate +0.062873%
Year 2017 Assessed Value $9,130 Land Value $1,820 Improvement Value $7,310 Tax Amount $528.5 Change Rate +0.031824% Assessed CR Tax Rate +0.057886%
Year 2016 Assessed Value $6,310 Land Value $1,260 Improvement Value $5,050 Tax Amount $512.2 Change Rate +0.087243% Assessed CR Tax Rate +0.081173%
Year 2015 Assessed Value $4,600 Land Value $920 Improvement Value $3,680 Tax Amount $471.1 Change Rate +0.060129% Assessed CR Tax Rate +0.102413%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $444.38 Change Rate Assessed CR Tax Rate