NOT LISTED FOR SALE

2318 E Chipman Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $363,000 - $381,000

4 Beds
3 Baths
1,591 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $399,900 $251 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,006/month

4 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • No HOA
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of June 2023

Make yourself at home in this upgraded nostalgic beauty! As you enter, you'll be instantly captivated by the trending laminated floor, recessed lighting, upgraded ceiling fans, & fresh palette that creates a tranquil atmosphere. The perfectly flowing semi-open layout was designed for relaxing or entertaining. The renovated kitchen features granite counters, white shaker cabinets, a walk-in pantry, & a peninsula w/a breakfast bar. The primary bedroom boasts a pristine private bathroom & two walk-in closets for added convenience. The second bedroom is great for in-laws or overnight guests; it has a separate entry, a bathroom, and a walk-in closet. All bathrooms boast tiled showers & vanity sinks. You'll also find a detached quarter great for earning additional income by renting it. The backyard w/a covered patio has endless possibilities for customization. Whether you envision a lush garden, a sparkling pool, or a cozy fire pit area, this space is a blank canvas waiting for your personal touch. You MUST see it!

Last Agent to Sell the Property

Teresa Perrine

Go 4 Cash Flow License #SA654174000 Listed on: 05/03/2023

Last Buyer's Agent

Edgar Arizmendi

A.Z. & Associates License #SA672067000

A.Z. & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1963

Lot Details

  • 6,303 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

Home Design

  • Roof Updated in 2023
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2023
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2023
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2023
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Parking

  • 3 Carport Spaces
  • RV Access or Parking

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Mini Split Heat Pump
  • Plumbing System Updated in 2023
  • Wiring Updated in 2023
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Sheraton Park 1 Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 122-07-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: E Broadway Rd & S 24th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2023
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2023
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2023
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2023
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2022
  • Directions: Head east on E Broadway Rd, Turn right onto S 24th St, Turn right to stay on S 24th St, Turn left to stay on S 24th St, Turn right. Property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: SHERATON PARK 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 1591.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Alley, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Mini Split, Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Mini Split2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6303.0
  • Parcel #: 122-07-041

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 726.0
  • Tax Book Number: 122.00
  • Tax Lot: 41
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 2, 2023
Sold by
Oak Street Properties Llc
Bought by
Machado Hector Felix
Seller's Agent
Teresa Perrine
Go 4 Cash Flow
Buyer's Agent
Edgar Arizmendi
A.Z. & Associates
List Price
$399,900
Sold Price
$399,900
Views
81
Current Estimated Value
$367,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,373
Avg. Annual Appreciation
-3.54%
Original Mortgage
$367,225
Outstanding Balance
$357,405
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$10,122

Purchase Details

Closed on
Jan 11, 2023
Sold by
Graves Charlene
Bought by
Oak Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Machado Hector Felix $374,000 American Title Service Agency
Oak Street Properties Llc $242,000 Charity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Hector Felix $367,225
Closed Machado Hector Felix $18,700
Previous Owner Oak Street Properties Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $399,900 0.0% $251 / Sq Ft
05/04/2023 05/04/23 For Sale $399,900 -- $251 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $684 $5,193 -- --
2024 $663 $4,945 -- --
2023 $663 $22,570 $4,510 $18,060
2022 $726 $17,420 $3,480 $13,940
2021 $741 $14,070 $2,810 $11,260
2020 $732 $12,800 $2,560 $10,240
2019 $708 $10,520 $2,100 $8,420
2018 $689 $9,250 $1,850 $7,400
2017 $657 $7,300 $1,460 $5,840
2016 $703 $6,570 $1,310 $5,260
2015 $510 $4,750 $950 $3,800
Source: Public Records

Agents Affiliated with this Home

  • Teresa Perrine

    Seller's Agent in 2023

    Teresa Perrine

    Go 4 Cash Flow

    (602) 410-1752

    3 in this area

    87 Total Sales

    Teresa Perrine
    Section Image
  • Edgar Arizmendi

    Buyer's Agent in 2023

    Edgar Arizmendi

    A.Z. & Associates Real Estate Group

    (602) 384-1414

    8 in this area

    161 Total Sales

    Edgar Arizmendi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6552055

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-07-041

Arizona Maricopa County Phoenix 85040 South Mountain

2318 E Chipman Rd, Phoenix, AZ

This home is located at 2318 E Chipman Rd, Phoenix, AZ 85040 since 03 May 2023 and is currently estimated at $367,527, approximately $231 per square foot. This property was built in 1963. 2318 E Chipman Rd is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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