Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 24M+ properties All 50 states Methodology

40227 2nd Dr

Phoenix, AZ 85086

4 bd 3 ba 2,167 sqft Built 2001 Lot 51,401 sqft single_family
Most recent sale
$680,000
Apr 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2023 Sold $680,000 ArizonaRegionalMLS
Mar 6, 2023 Listed $695,000 ArizonaRegionalMLS
Feb 20, 2023 Listing removed ArizonaRegionalMLS
Jan 29, 2023 Price changed $800,000 ArizonaRegionalMLS
Nov 22, 2022 Relisted $820,000 ArizonaRegionalMLS
Nov 21, 2022 Listing removed ArizonaRegionalMLS
Oct 7, 2022 Listed $820,000 ArizonaRegionalMLS
Oct 27, 2011 Sold $245,000 Public Record
Apr 20, 2001 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $31,730 $7,930 $39,660 $3,804
2020 $30,330 $7,580 $37,910 $3,838
2019 $29,210 $7,300 $36,510 $3,713
2018 $27,870 $6,960 $34,830 $3,579
2017 $26,030 $6,500 $32,530 $3,512
2016 $25,760 $6,440 $32,200 $3,187
2015 $23,560 $5,890 $29,450 $2,932
2014 $20,160 $5,040 $25,200 $2,888
2012 $17,340 $4,330 $21,670 $2,784
2011 $18,430 $4,600 $23,030 $2,697
2009 $31,920 $7,980 $39,900 $2,886
2008 $30,200 $7,550 $37,750 $2,637
2007 $30,200 $7,550 $37,750 $2,753

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,167 sqft
Lot size
51,401 sqft
ZIP code
85086
City
Phoenix
Street
2nd Dr
Coordinates
33.85109, -112.07681

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
$3,359
Gross rental yield
5.93%
Implied cap rate
3.85%
Trend-extrapolated value

Frequently asked questions

When did 40227 2nd Dr last sell?
40227 2nd Dr most recently sold on Apr 11, 2023 for $680,000.
What is the current tax assessment for 40227 2nd Dr?
The most recent total assessment for 40227 2nd Dr (year 2022) is $39,660 with $3,804 in property tax.
How does 40227 2nd Dr's assessment compare to its last sale price?
The current assessment is 94.2% below the last sale price of $680,000.
When was 40227 2nd Dr built?
40227 2nd Dr was built in 2001.
How does 40227 2nd Dr compare to others on 2nd Dr?
We track 8 other properties on 2nd Dr. Browse the list under "Other properties on 2nd Dr" to compare beds, baths, and sale history.
What are the property facts for 40227 2nd Dr?
40227 2nd Dr is a 4 bed, 3 bath, 2,167 sqft, 51,401 sqft lot single_family.
Is 40227 2nd Dr a flip candidate?
No — 40227 2nd Dr does not appear in our flips dataset.
Is 40227 2nd Dr a tax-appeal candidate?
No — 40227 2nd Dr 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
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$761.3K
2026 Q4
$772.5K
ZIP 85086 — Median Price History + Forecast

Explore nearby