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40880 Novak Ln

Maricopa, AZ 85138

3 bd 2 ba 1,891 sqft Built 2007 Lot 7,414 sqft single_family
Most recent sale
$345,000
Mar 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $345,000 ArizonaRegionalMLS
Mar 6, 2024 Relisted $360,000 ArizonaRegionalMLS
Mar 2, 2024 Listing removed ArizonaRegionalMLS
Jan 12, 2024 Listed $360,000 ArizonaRegionalMLS
Jan 12, 2024 Listing removed ArizonaRegionalMLS
Dec 11, 2023 Price changed $360,000 ArizonaRegionalMLS
Dec 3, 2023 Price changed $384,999 ArizonaRegionalMLS
Sep 25, 2023 Listed $389,900 ArizonaRegionalMLS
Aug 25, 2023 Listing removed ArizonaRegionalMLS
Aug 13, 2023 Price changed $395,000 ArizonaRegionalMLS
Jul 5, 2023 Price changed $389,000 ArizonaRegionalMLS
Jun 20, 2023 Price changed $395,000 ArizonaRegionalMLS
May 2, 2023 Price changed $399,900 ArizonaRegionalMLS
Apr 19, 2023 Listed $429,900 ArizonaRegionalMLS
Dec 3, 2022 Listing removed ArizonaRegionalMLS
Nov 8, 2022 Price changed $429,900 ArizonaRegionalMLS
Oct 14, 2022 Listing removed Zumper
Oct 4, 2022 Listed for rent $2,710 Zumper
Sep 29, 2022 Listed $459,000 MLS #6470518
Apr 25, 2022 Listing removed ArizonaRegionalMLS
Apr 23, 2022 Price changed $439,900 MLS #6367748
Mar 28, 2022 Price changed $472,000 MLS #6367748
Mar 22, 2022 Price changed $445,000 MLS #6367748
Mar 12, 2022 Listed $459,000 MLS #6367748
Dec 18, 2020 Sold $269,900 MLS #6157072
Nov 6, 2020 Listed $269,900 MLS #6157072
Aug 2, 2007 Sold $227,449 Public Record
Nov 4, 2004 Sold $33,080,895 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $18,666 $8,886 $27,552 $1,994
2023 $19,745 $2,222 $21,967 $1,875
2022 $13,897 $2,222 $16,119 $1,822
2021 $13,897 $2,222 $16,119 $1,740
2020 $13,741 $2,222 $15,963 $1,660
2019 $12,585 $1,250 $13,835 $1,597
2018 $12,585 $1,250 $13,835 $1,575
2017 $11,700 $1,250 $12,950 $1,500
2016 $11,785 $1,250 $13,035 $1,351
2015 $12,057 $1,250 $13,307 $1,299
2014 $12,076 $1,250 $13,326 $1,290
2013 $7,296 $1,000 $8,296 $1,164
2012 $6,606 $1,000 $7,606 $1,119
2011 $6,928 $1,000 $7,928 $1,148
2010 $8,881 $1,500 $10,381 $1,422
2009 $8,881 $1,500 $10,381 $1,670
2008 $12,855 $2,000 $14,855 $1,489
2007 $1,200 $1,200 $120

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,891 sqft
Lot size
7,414 sqft
ZIP code
85138
City
Maricopa
Street
Novak Ln
Coordinates
33.06964, -112.00679

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,931
Gross rental yield
10.19%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 40880 Novak Ln last sell?
40880 Novak Ln most recently sold on Mar 29, 2024 for $345,000.
What is the current tax assessment for 40880 Novak Ln?
The most recent total assessment for 40880 Novak Ln (year 2025) is $27,552 with $1,994 in property tax.
How does 40880 Novak Ln's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $345,000.
When was 40880 Novak Ln built?
40880 Novak Ln was built in 2007.
How does 40880 Novak Ln compare to others on Novak Ln?
We track 8 other properties on Novak Ln. Browse the list under "Other properties on Novak Ln" to compare beds, baths, and sale history.
What are the property facts for 40880 Novak Ln?
40880 Novak Ln is a 3 bed, 2 bath, 1,891 sqft, 7,414 sqft lot single_family.
Is 40880 Novak Ln a flip candidate?
No — 40880 Novak Ln does not appear in our flips dataset.
Is 40880 Novak Ln a tax-appeal candidate?
No — 40880 Novak Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.2%
2026 Q3
$378.6K
2026 Q4
$378.8K
ZIP 85138 — Median Price History + Forecast

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