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7409 40th Ave

Phoenix, AZ 85041

3 bd 3 ba 2,093 sqft Built 2001 Lot 4,805 sqft single_family
Most recent sale
$438,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Listed for rent $2,040 Zumper
Sep 21, 2022 Price changed for rent $2,040 ProgressResidential
Sep 18, 2022 Price changed for rent $2,070 ProgressResidential
Sep 15, 2022 Price changed for rent $2,095 ProgressResidential
Sep 14, 2022 Price changed for rent $2,105 ProgressResidential
Sep 8, 2022 Price changed for rent $2,115 ProgressResidential
Sep 4, 2022 Price changed for rent $2,170 ProgressResidential
Sep 3, 2022 Price changed for rent $2,180 ProgressResidential
Aug 28, 2022 Price changed for rent $2,225 ProgressResidential
Aug 19, 2022 Listed for rent $2,295 ProgressResidential
Jul 12, 2022 Sold $438,000 MLS #6401643
May 20, 2022 Listed $442,000 MLS #6401643
Mar 5, 2018 Sold $205,000 MLS #5700014
Dec 19, 2017 Listed $207,000 MLS #5700014
Apr 29, 2005 Sold $226,000 Public Record
Sep 26, 2001 Sold $143,831 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $16,590 $4,140 $20,730 $1,647
2021 $15,470 $3,860 $19,330 $1,661
2020 $14,000 $3,500 $17,500 $1,616
2019 $12,460 $3,110 $15,570 $1,621
2018 $11,590 $2,890 $14,480 $1,541
2017 $10,180 $2,540 $12,720 $1,458
2016 $9,270 $2,310 $11,580 $1,383
2015 $8,890 $2,220 $11,110 $1,246
2014 $6,430 $1,600 $8,030 $1,192
2013 $5,300 $1,320 $6,620 $1,083
2012 $5,300 $1,320 $6,620 $1,078
2011 $5,820 $1,450 $7,270 $1,009
2009 $14,980 $3,740 $18,720 $1,790
2008 $17,840 $4,460 $22,300 $1,671
2007 $14,560 $3,640 $18,200 $1,549

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,093 sqft
Lot size
4,805 sqft
ZIP code
85041
City
Phoenix
Street
40th Ave
Coordinates
33.37946, -112.14441

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
$3,244
Gross rental yield
8.89%
Implied cap rate
5.78%
Trend-extrapolated value

Frequently asked questions

When did 7409 40th Ave last sell?
7409 40th Ave most recently sold on Jul 12, 2022 for $438,000.
What is the current tax assessment for 7409 40th Ave?
The most recent total assessment for 7409 40th Ave (year 2022) is $20,730 with $1,647 in property tax.
How does 7409 40th Ave's assessment compare to its last sale price?
The current assessment is 95.3% below the last sale price of $438,000.
When was 7409 40th Ave built?
7409 40th Ave was built in 2001.
How does 7409 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 7409 40th Ave?
7409 40th Ave is a 3 bed, 3 bath, 2,093 sqft, 4,805 sqft lot single_family.
Is 7409 40th Ave a flip candidate?
No — 7409 40th Ave does not appear in our flips dataset.
Is 7409 40th Ave a tax-appeal candidate?
No — 7409 40th Ave 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
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$469.9K
2026 Q4
$468.1K
ZIP 85041 — Median Price History + Forecast

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