16019 40th Way
Phoenix, AZ 85048
3 bd 2 ba 1,350 sqft Built 1992 Lot 4,204 sqft single_family
Most recent sale
$485,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 20, 2025 | Sold | $455,000 | ArizonaRegionalMLS |
| Jul 22, 2022 | Sold | $485,000 | MLS #6405429 |
| May 27, 2022 | Listed | $495,000 | MLS #6405429 |
| Jul 26, 2001 | Sold | $137,500 | Public Record |
| Mar 1, 2001 | Sold | $132,000 | Public Record |
| Dec 30, 1998 | Sold | $120,000 | Public Record |
| Sep 29, 1995 | Sold | $97,000 | Public Record |
| May 29, 1992 | Sold | $80,191 | Public Record |
| Sep 13, 1991 | Sold | $1,178,152 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $18,060 | $4,510 | $22,570 | $1,624 |
| 2021 | $17,050 | $4,260 | $21,310 | $1,695 |
| 2020 | $16,430 | $4,100 | $20,530 | $1,653 |
| 2019 | $14,070 | $3,510 | $17,580 | $1,600 |
| 2018 | $12,950 | $3,230 | $16,180 | $1,545 |
| 2017 | $12,530 | $3,130 | $15,660 | $1,475 |
| 2016 | $12,220 | $3,050 | $15,270 | $1,495 |
| 2015 | $11,130 | $2,780 | $13,910 | $1,338 |
| 2014 | $9,610 | $2,400 | $12,010 | $1,299 |
| 2013 | $8,510 | $2,120 | $10,630 | $1,163 |
| 2012 | $9,410 | $2,350 | $11,760 | $1,212 |
| 2011 | $10,780 | $2,690 | $13,470 | $1,368 |
| 2009 | $14,350 | $3,580 | $17,930 | $1,458 |
| 2008 | $16,160 | $4,040 | $20,200 | $1,415 |
| 2007 | $15,480 | $3,870 | $19,350 | $1,445 |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
4,204 sqft
ZIP code
85048
City
Phoenix
Street
40th Way
Coordinates
33.30113, -111.99586
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,093
Gross rental yield
5.18%
Implied cap rate
3.37%
Trend-extrapolated value
—
Frequently asked questions
When did 16019 40th Way last sell?
16019 40th Way most recently sold on Jul 22, 2022 for $485,000.
What is the current tax assessment for 16019 40th Way?
The most recent total assessment for 16019 40th Way (year 2022) is $22,570 with $1,624 in property tax.
How does 16019 40th Way's assessment compare to its last sale price?
The current assessment is 95.3% below the last sale price of $485,000.
When was 16019 40th Way built?
16019 40th Way was built in 1992.
How does 16019 40th Way compare to others on 40th Way?
We track 8 other properties on 40th Way. Browse the list under "Other properties on 40th Way" to compare beds, baths, and sale history.
What are the property facts for 16019 40th Way?
16019 40th Way is a 3 bed, 2 bath, 1,350 sqft, 4,204 sqft lot single_family.
Is 16019 40th Way a flip candidate?
No — 16019 40th Way does not appear in our flips dataset.
Is 16019 40th Way a tax-appeal candidate?
No — 16019 40th Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$534K
2026 Q4
$524.6K
ZIP 85048 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Way