7202 S 40th Lane, Phoenix, AZ 85041 - Photo 1

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$370,000 Just Listed

For Sale
Active
Single Family
3 Beds
2 Full Baths
0.12 Acres
2 Car Garage
Updated 13 hours ago

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Property Description

Beautifully updated two-story home offering a spacious open-concept layout and modern finishes throughout. The inviting main living area features durable tile flooring, soaring ceilings, and abundant natural light, creating a bright and welcoming atmosphere. The remodeled kitchen is a standout with elegant white cabinetry, granite countertops, stainless steel appliances, decorative stone backsplash, pantry, and ample storage space. Upstairs and downstairs living areas provide flexibility for entertaining, relaxing, or working from home. The low-maintenance backyard is fully paved with attractive stone pavers, offering a private outdoor retreat with plenty of room for gatherings and recreation. This exceptional home is one you won't want to miss!

Full Property Details

Full Property Details for 7202 S 40th Ln

General

Price: $370,000
HOA FEE: $84/month
Taxes: $1,631 (2025)
Status: Active
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 7041434
Updated: 6/12/2026
Added to Site: Today

Interior

Interior Features: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
Appliances: Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
Flooring: Carpet, Tile

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Upstairs Laundry, Wshr/Dry HookUp Only

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Garage Door Opener

Location

County: Maricopa
Township: 1N
Subdivision: ARLINGTON ESTATES PHASE 1
Cross Streets: Baseline Road & 39th Avenue

Community

Association: Yes
Assoc. Name: Arlington Estates
Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
Heating Type: Electric

Utilities

Water: City Water

Structural Information

Architectural Style: Spanish,
Builder: Trend Homes
Exterior Const.: Stucco, Wood Frame, Painted
Roof: Tile
Windows: Solar Screens, Dual Pane
Sq. Ft. Source: Assessor
Year Built: 2002

Lot Features

Lot Size (Acres): 0.12
Lot Size (Sq. Ft.): 5,024
Lot Size Source: Assessor
Lot Features: Desert Front, Dirt Back, Synthetic Grass Frnt, Irrigation Front

Financial Considerations

Association Fee: $84
Assoc Fee Freq.: Monthly
Tax Amount: $1,631
Tax Year: 2025
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 276 ARLINGTON ESTATES PHASE 1 MCR 054806
Property ID: 105-89-460
Range: 2E
Section: 34
Lot Number: 276

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Schools

Schools serving 7202 S 40th Ln

School Districts:Laveen Elementary District, Phoenix Union High School District

Name	Grades	Distance
Vista Del Sur Traditional School 3908 W South Mountain Rd, Phoenix, AZ 85339	PK-8	0.8 mi
Rogers Ranch School 6735 S 47th Ave, Phoenix, AZ 85339	K-8	0.8 mi
Cheatham Elementary School 4725 W South Mountain Rd, Phoenix, AZ 85339	K-8	1.2 mi
Cesar Chavez High School 3921 W Baseline Rd, Phoenix, AZ 85339	9-12	0.4 mi
M.C. Cash Elementary School 3851 West Roeser Road, Phoenix, AZ 85041	PK-8	1.3 mi
Laveen Elementary School 4141 W McNeil St, Phoenix, AZ 85339	PK-8	1.7 mi
Paseo Pointe School 8800 S 55th Ave, Phoenix, AZ 85339	PK-8	2.1 mi
Estrella Foothills Global Academy 5400 W Carver Rd, Phoenix, AZ 85339	K-8	3.2 mi
Desert Meadows Elementary School 6855 W Meadows Loop E, Phoenix, AZ 85339	PK-8	3.4 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 7202 S 40th Ln Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/12/2026

Listed

$370,000

36.53%

MLS

11/17/2020

Sold

$271,000

—

Public Record

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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 7202 S 40th Ln

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,631

$30,060

2024

$1,598

13%

$29,050

-5%

2023

$1,414

$30,730

24%

2022

$1,372

—

$24,810

36%

2022

$1,372

-1%

$18,230

2021

$1,382

$17,150

12%

2020

$1,346

—

$15,380

14%

2019

$1,349

$13,470

2018

$1,283

$12,350

16%

2017

$1,213

$10,620

11%

2016

$1,152

11%

$9,550

2015

$1,037

$9,150

36%

2014

$995

10%

$6,720

22%

2013

$901

—

$5,510

—

View All

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 7202 S 40th Ln

7202 S 40th Lane, Phoenix, AZ 85041 (MLS# 7041434) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7202 S 40th Lane is currently listed for $370,000 and was received on June 12, 2026. Want to learn more about 7202 S 40th Lane? Do you have questions about finding other Single Family real estate for sale in Laveen? You can browse all Laveen real estate or contact a Coldwell Banker agent to request more information.

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7202 S 40th Ln Phoenix, AZ 85041

Full Property Details for 7202 S 40th Ln

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Parking

Location

Community

Heating & Cooling

Utilities

Structural Information

Lot Features

Financial Considerations

Disclosures and Reports

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Schools serving 7202 S 40th Ln

Price & Sales History for 7202 S 40th Ln Get Price Alerts and Save Property

Tax History for 7202 S 40th Ln

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