7218 S 40TH Lane, Phoenix, AZ 85041 (MLS# 6949002)

7218 S 40TH Lane, Phoenix, AZ 85041

$430,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,483 Lot Size (sq. ft.): 5,551 Status: Active

Current Price: $430,000 List Date: 11/18/2025 Last Modified: 12/22/2025

Description

Updated with brand new quartz countertops in kitchen!! Welcome to the beautifully updated home offering modern style, flexible living spaces, and room to grow. Step inside to a bright, open downstairs featuring a front room with elegant coffered ceilings — perfect as a formal living space or a spacious home office. The main level showcases new flooring throughout and an updated kitchen with freshly painted cabinets and stylish backsplash, flowing seamlessly into the living room with a remodeled gas fireplace and mounted LG TV included. A chic powder bath with an accent wall completes the downstairs. Upstairs, enjoy a generous loft with built-in desk area, ideal for work, play, or an additional lounge. The private primary suite features double-door entry, a relaxing soaking tub, separate

Supplements: shower, dual sinks, and a large walk-in closet.Additional bedrooms offer great natural light and comfortable living for family or guests. The backyard features a freshly painted block wall and a blank-canvas dirt yard, ready for the new owner to customize to their vision pool, turf, patio, garden, you name it. The front yard has newly added turf for low-maintenance curb appeal. A great opportunity to own a stylish, updated home with flexible spaces and endless potential!

More Information MLS# 6949002

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $430,000 Status: Active Current Price: $430,000 List Date: 2025-11-18

Location, Tax & Legal

Assessor's Map #: 89 Legal Description (Abbrev): LOT 280 ARLINGTON ESTATES PHASE 1 MCR 054806 Assessor's Parcel #: 464 Tax Municipality: Phoenix Taxes: 1909 House Number: 7218 Compass: S Street Name: 40TH St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85041 Zip4: 6080 County Code: Maricopa Assessor Number: 105-89-464 Subdivision: ARLINGTON ESTATES PHASE 1 Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 2483 Price/SqFt: 173.18 Approx Lot SqFt: 5551 Approx Lot Acres: 0.127 Flood Zone: No Horses: N Builder Name: Trend Homes Elementary School District: Laveen Elementary District High School District: Phoenix Union High School District Elementary School: Laveen Elementary School Jr. High School: Rogers Ranch School High School: Cesar Chavez High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 2001

Legal Info

Range: 2E Section: 34 Township: 1N Lot Number: 280

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Encumbrance: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 438 HOA Fee: 84 HOA Paid Frequency: Monthly HOA Name: Arlington Estatees HOA Telephone: 602-437-4777 HOA Management Company: City Properties Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N PAD Fee: 0 Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: $ Prepaid Association Fees HOA: 168 Disclosure Fees HOA: 400 Other Fees HOA: 100 Other Fees Description: New Owner Setup fee Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 84

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Architecture

Other: 1

Master Bathroom

Full Bth Master Bdrm: 1 Private Toilet Room: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Flooring

Laminate: 1 Tile: 1

Community Features

Biking/Walking Path: 1 Children's Playgrnd: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Built-in Microwave: 1 Pantry: 1 Refrigerator: 1 Walk-in Pantry: 1 Electric Cooktop: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1

Laundry

Washer Included: 1 Dryer Included: 1 Upstairs Laundry: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Loft: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Covered Patio(s): 1 Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Direct Access: 1 Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Dirt Front: 1 Dirt Back: 1 Gravel/Stone Front: 1 Synthetic Grass Frnt: 1

Services

City Services: 1

Unit Style

Two Levels: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

By Agreement: 1 Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Prof Managed: 1

Remarks Misc

Cross Street: 39th Ave. & Baseline Directions: From I-10, take exit 143A for 7th Ave, head south. Turn right on Baseline Rd, left on 39th Ave. Geo Lat: 33.381394 Geo Lon: -112.146528

Property Features

Special Listing Cond: N/A Architecture: Other Master Bathroom: Full Bth Master Bdrm; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Laminate; Tile Spa: None Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Walk-in Pantry; Granite Counters Laundry: Washer Included; Dryer Included; Upstairs Laundry Other Rooms: Family Room; Loft Interior Features: Vaulted Ceiling(s) Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Patio Parking Features: Direct Access; Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Dirt Front; Dirt Back; Gravel/Stone Front; Synthetic Grass Frnt Lockbox Type: Supra Possession: By Agreement; Close of Escrow Unit Style: Two Levels Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Compass

Last Updated: December - 22 - 2025

Broker Attribution: 602-677-2224