7218 S 40TH Lane Phoenix, AZ $ 430,000
7218 S 40TH Lane
$ 430,000
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7218 S 40TH Lane

Phoenix, AZ, 85041
$ 430,000
Bedrooms4 Baths2.1 Sq 2,483

Monthly Estimate*

$ 2,683

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Single Family Home for sale in Phoenix, AZ

for $430,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,483 square foot home was built in 2001 on a lot size of 0.13.

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 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!

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Single Family Active

Price

$ 430,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,909

Style

Lot Size

0.13

Year Built

2001

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6949002

Features
Interior
Interior Amenities High Speed Internet Granite Counters Upstairs Eat-in Kitchen Breakfast Bar Vaulted Ceiling(s) Pantry Full Bth Master Bdrm
Flooring Laminate Tile
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 6
Built-in Microwave True
Pantry True
Walk-in Pantry True
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s) Programmable Thmstat
Utilities SRP
Possession Close Of Escrow By Agreement
Roof Tile
HOA Fee 84.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Architectural Style Other
Construction Materials Stucco Wood Frame Painted
Year Built 2001
Township 1N
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Community Features Playground Biking/Walking Path
Assoc Fee Paid Per Monthly
County Maricopa
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name ARLINGTON ESTATES PHASE 1
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From I-10 take exit 143A for 7th Ave head south. Turn right on Baseline Rd left on 39th Ave.
High School Cesar Chavez High School
City Phoenix
Disclosures Agency Discl Req Seller Discl Avail
Association Name Arlington Estatees
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 5551.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Laveen Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1909.0
Home Warranty Y/N N
Middle/Junior High School Rogers Ranch School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Trend Homes
Standard Status Active
Occupancy Type Owner
Elementary School District Laveen Elementary District
Tax Lot 280
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 84.0
New Financing Cash True
New Financing: VA True
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Exterior
Fencing Block
Parking Features Garage Door Opener Direct Access
Lot Features Dirt Front Dirt Back Gravel/Stone Front Synthetic Grass Frnt
Water Source City Water
Lot Size Area 5551.0
Spa N
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7218
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* Excluded Features
List By
Compass

Broker

kim@thehoryzateam.com

Email

Affordability Calculator

$2,842
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4326951 Elementary School
4327196 Middle School
Cesar Chavez High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$430,000 Listed Price

Map


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7218 S 40TH Lane, Phoenix, AZ, 85041 is a Single Family Home for sale at $430,000 with 2,483 sqft and a lot size of 0.13. 7218 S 40TH Lane has 4 bedrooms, 2.1 baths, and was built in 2001. The property's zip code is 85041 which is in Phoenix, AZ