NOT LISTED FOR SALE

2549 E Chipman Rd Unit 1&2 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $361,000 - $509,702

1 Bed
2 Baths
4,700 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2017

Last sale price $299,400 $64 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,197 / mo

38 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of October 2017

MAKE MONEY WITH THIS TWO SINGLE FAMILY HOME SET UP ON ONE DOUBLE APPROVED PHX. LOT.OWNER CAN CARRY PAPER CAN BE SPLIT INTO TWO SEPERATE S/F HOMES LOTS BUY ONE OR BOTH.. VERBAL OFFERS OK LETS TALK...PLEASE USE CEL # ONLY 602-570-6417 OWNER/BROKER DOES NOT E-MAIL OR FAX..PLEASE CALL ONLY

Last Agent to Sell the Property

Melvin Smith

New Home Realty License #BR012303000 Listed on: 08/25/2017

Last Buyer's Agent

Lucas Thomas

West USA Realty License #SA655549000

West USA Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2000

Lot Details

  • 0.35

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, landscaping
  • Tax Lot 55
  • Assessor Parcel Number 122-55-028-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 120X105
  • Ben Jo Estates Subdivision

Building Details

  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 2000

Lot Details

0.35 Acres

Listing Details

  • Cross Street: BROADWAY/24TH ST
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2000
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: BEN-JO-ESTATES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 120X105
  • Additional Parcels: No
  • Parcel #: 122-55-028-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 600.0
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Book Number: 122.00
  • Tax Lot: 55

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 20, 2017
Sold by
Smith Melvin Robert
Bought by
Seller's Agent
Melvin Smith
New Home Realty
Buyer's Agent
Lucas Thomas
West USA Realty
List Price
$168,000
Sold Price
$299,400
Premium/Discount to List
$131,400
78.21%
Current Estimated Value
$374,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,277
Avg. Annual Appreciation
3.86%
Original Mortgage
$255,000
Outstanding Balance
$208,073
Interest Rate
3.78%
Mortgage Type
Seller Take Back
Estimated Equity
$211,353

Purchase Details

Closed on
Jun 16, 2006
Sold by
City Of Phoenix
Bought by
Smith Melvin Robert

Purchase Details

Closed on
May 19, 2006
Sold by
Smith Melvin Robert
Bought by
Smith Melvin Robert

Purchase Details

Closed on
Jun 14, 1999
Sold by
Noyd John Henry and Noyd Lois
Bought by
Smith Melvin Robert
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Mountain, AZ

  • Paula Selby Real Estate Agent - Manara Properties, LLC

    Paula Selby

    Manara Properties, LLC

    (480) 637-2779

    29 Total Sales

    1 in South Mountain

    $200,000 Price

    Paula Selby
     Section Image
  • Rachael Joiner Real Estate Agent - My Home Group Real Estate

    Rachael Joiner

    My Home Group Real Estate

    (708) 340-6936

    65 Total Sales

    3 in South Mountain

    $390K - $490K Price Range

    Rachael Joiner
     Section Image
  • Sylvia Rios Real Estate Agent - Realty ONE Group

    Sylvia Rios

    Realty ONE Group

    (480) 613-5282

    11 Total Sales

    1 in South Mountain

    $405,000 Price

    Sylvia Rios
     Section Image
  • Emily Tyson Real Estate Agent - Compass

    Emily Tyson

    Compass

    (844) 431-5524

    53 Total Sales

    2 in South Mountain

    $215K - $538K Price Range

    Emily Tyson
     Section Image
  • Pat Monahan Real Estate Agent - Citiea

    Pat Monahan

    Citiea

    (888) 614-7731

    127 Total Sales

    2 in South Mountain

    $375K - $435K Price Range

    Pat Monahan
     Section Image
  • Angela Fairlie Real Estate Agent - A.Z. & Associates

    Angela Fairlie

    A.Z. & Associates

    (623) 243-8226

    33 Total Sales

    2 in South Mountain

    $350K - $470K Price Range

    Angela Fairlie
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$299,400 Wfg National Title Insurance
Smith Melvin Robert -- None Available
Smith Melvin Robert -- None Available
Smith Melvin Robert $5,884 Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $299,400 -3.9% $64 / Sq Ft
09/11/2017 09/11/17 Price Changed $311,500 +85.4% $66 / Sq Ft
08/25/2017 08/25/17 For Sale $168,000 -- $36 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,560 $10,348
2024 $1,477 $9,855
2023 $1,477 $29,100 $5,820 $23,280
2022 $1,447 $21,500 $4,300 $17,200
2021 $1,477 $20,200 $4,040 $16,160
2020 $1,458 $19,100 $3,820 $15,280
2019 $1,411 $17,320 $3,460 $13,860
2018 $1,373 $14,650 $2,930 $11,720
2017 $1,309 $12,110 $2,420 $9,690
2016 $1,245 $11,820 $2,360 $9,460
2015 $1,172 $9,360 $1,870 $7,490
Source: Public Records

Agents Affiliated with this Home

  • MS

    Seller's Agent in 2017

    Melvin Smith

    New Home Realty

    (623) 566-4980

    4 Total Sales

    Melvin Smith
    Section Image
  • Lucas Thomas Real Estate Agent - West USA Realty

    Buyer's Agent in 2017

    Lucas Thomas

    West USA Realty

    (602) 885-1148

    13 Total Sales

    Lucas Thomas
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5651676

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-55-028A

Arizona Maricopa County Phoenix 85040 South Mountain

2549 E Chipman Rd Unit 1&2, Phoenix, AZ

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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