NOT LISTED FOR SALE

2501 E Chipman Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $290,000 - $351,000

4 Beds
2 Baths
1,508 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $125,000 $83 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,727/month

14 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • No HOA
  • Tile Flooring

About This Home

As of June 2016

A great 4 bed, 2 bath mature brick built home with brand new roof and tile flooring throughout. Kitchen has recently been updated to include new cabinets and granite counter tops. This home is conveniently located south of the I-10 freeway which allows for easy travel to most of the valley. This home won't last long.

Last Agent to Sell the Property

Joseph Susco

Top Rock Realty License #SA647481000 Listed on: 04/11/2016

Last Buyer's Agent

Nydia Jimenez

My Home Group Real Estate License #SA654522000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1958

Lot Details

  • 7,505 Sq Ft Lot
  • Desert faces the front of the property
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ben Jo Estates Lots 137 158 Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 122-54-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$441

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: S. 24th Street & E. Roeser Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: BEN-JO ESTATES LOTS 137-158
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 82.89
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1508.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, Desert Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7505.0
  • Parcel #: 122-54-041
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 441.0
  • Tax Book Number: 122.00
  • Tax Lot: 50
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 27, 2016
Sold by
National Tax Lien Redemption Services Ll
Bought by
Soto Luis E Felix
Seller's Agent
Joseph Susco
Top Rock Realty
Buyer's Agent
Nydia Jimenez
My Home Group Real Estate
List Price
$124,000
Sold Price
$125,000
Premium/Discount to List
$1,000
0.81%
Current Estimated Value
$321,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,392
Avg. Annual Appreciation
10.38%
Original Mortgage
$122,735
Outstanding Balance
$99,396
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$221,996

Purchase Details

Closed on
Nov 4, 2014
Sold by
Chipman Rd 2501 E Llc
Bought by
National Tax Lien Redemption Services Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2014
Sold by
National Tax Lien Redemption Services Ll
Bought by
Chipman Rd 2501 E Llc

Purchase Details

Closed on
Oct 7, 2013
Sold by
Kraskouskas Matthew
Bought by
National Tax Lien Redemption Service Llc

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bakerson Llc
Bought by
Kraskouskas Matthew

Purchase Details

Closed on
Feb 26, 2009
Sold by
Kraskouskas Erica
Bought by
Kraskouskas Matthew

Purchase Details

Closed on
Feb 7, 2008
Sold by
Tejeda Jesus and Tejeda Meregilda
Bought by
U S Bank Na and Registered Holders Of Mastr Asset Backed

Purchase Details

Closed on
Aug 16, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Tejeda Jesus and Tejeda Meregilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2004
Sold by
Molina Elva
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust

Purchase Details

Closed on
Sep 25, 2002
Sold by
Gonzalez Fernando
Bought by
Molina Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.5%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Spell Zelma
Bought by
Gonzalez Fernando and Molina Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,552
Interest Rate
8.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Soto Luis E Felix $125,000 Title365 Agency
National Tax Lien Redemption Services Ll -- Linear Title & Closing
Chipman Rd 2501 E Llc -- None Available
National Tax Lien Redemption Service Llc -- None Available
Kraskouskas Matthew $26,000 Security Title Agency
Kraskouskas Matthew -- Security Title Agency
Bakerson Llc $20,000 Lsi Title Agency
U S Bank Na $134,850 None Available
Tejeda Jesus $85,000 Fidelity National Title
Deutsche Bank National Trust Co $90,462 --
Molina Elva -- Capital Title Agency Inc
Gonzalez Fernando $45,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Luis E Felix $122,735
Previous Owner National Tax Lien Redemption Services Ll $830,000
Previous Owner Tejeda Jesus $85,000
Previous Owner Molina Elva $80,000
Previous Owner Gonzalez Fernando $45,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $125,000 +0.8% $83 / Sq Ft
04/11/2016 04/11/16 For Sale $124,000 -- $82 / 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 $526 $3,895 -- --
2024 $497 $3,710 -- --
2023 $497 $21,070 $4,210 $16,860
2022 $487 $16,350 $3,270 $13,080
2021 $502 $14,880 $2,970 $11,910
2020 $496 $13,680 $2,730 $10,950
2019 $479 $9,970 $1,990 $7,980
2018 $465 $8,150 $1,630 $6,520
2017 $434 $6,380 $1,270 $5,110
2016 $469 $5,170 $1,030 $4,140
2015 $441 $4,010 $800 $3,210
Source: Public Records

Agents Affiliated with this Home

  • Joseph Susco

    Seller's Agent in 2016

    Joseph Susco

    Top Rock Realty

    (602) 463-3979

    1 in this area

    48 Total Sales

    Joseph Susco
    Section Image
  • Nydia Jimenez

    Buyer's Agent in 2016

    Nydia Jimenez

    My Home Group

    (602) 570-9848

    1 in this area

    31 Total Sales

    Nydia Jimenez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5426490

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-54-041

Arizona Maricopa County Phoenix 85040 South Mountain

2501 E Chipman Rd, Phoenix, AZ

Not Listed for Sale

Detached

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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