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$308,000 Just Listed
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Property Description
Excellent opportunity to purchase a home that has good bones but needs some TLC to realize its full potential. The home is being sold AS-IS. New HVAC installed in 2023. The seller is unable to make repairs or provide concessions due to HUD Program restrictions.
Full Property Details
Full Property Details for 5327 N 40th Ln
General
- Price: $308,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7008280
- Updated: 4/2/2026
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, 3/4 Bath Master Bdrm
- Appliances: Electric Range
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- County: Maricopa
- Township: 2N
- Subdivision: WEST PLAZA 23
- Cross Streets: North 43rd Avenue and West Camelback Avenue
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Wood Siding, Painted, Block
- Roof: Composition
- Sq. Ft. Source: Appraiser
- Year Built: 1969
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Appraiser
- Frontage: Asphalt
- Lot Features: Alley, Corner Lot, Dirt Front, Dirt Back
Financial Considerations
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 519 WEST PLAZA 23 MCR 012034
- Property ID: 145-08-816
- Range: 2E
- Section: 15
- Lot Number: 519
Listed by Listed Simply
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Schools
Schools serving 5327 N 40th Ln
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Sevilla Primary School 3801 West Missouri Avenue, Phoenix, AZ 85019 | K-4 | 0.2 mi |
Sevilla West School 3851 West Missouri Avenue, Phoenix, AZ 85019 | 5-8 | 0.3 mi |
Alhambra High School 3839 West Camelback Road, Phoenix, AZ 85019 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5327 N 40th Ln
Date
Details
Price
Change
Source
4/02/2026
Listed
$308,000
276.07%
MLS
6/10/1994
Sold
$81,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5327 N 40th Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$27,960
1%
2023
100%
$27,760
-8%
2023
100%
$30,280
21%
2022
100%
$25,000
32%
2021
100%
$18,870
10%
2020
100%
$17,120
10%
2019
—
$15,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5327 N 40th Ln
5327 N 40th Lane, Phoenix, AZ 85019 (MLS# 7008280) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5327 N 40th Lane is currently listed for $308,000 and was received on April 02, 2026. Want to learn more about 5327 N 40th Lane? Do you have questions about finding other Single Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

