NOT LISTED FOR SALE

2549 E Chipman Rd Unit 2 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $332,000 - $419,000

4 Beds
2 Baths
1,281 Sq Ft
$296/Sq Ft Est. Value

About This Home

Section 8 APPROVED!!! Well-Kept and clean single family home. This home is the perfect place for you and your family. With perfect desert landscaping outside, 1 RV gate, and a HUGE backyard, you can't go wrong. Inside: you have 4 bedrooms and 13 inch tiling throughout with 2 bathrooms fully updated. Open kitchen, living room, and dining room. Fully updated with adjustable fans and lights. Washer and dryer hookups INCLUDED. Full backyard setup for a garden or just plenty of room for RV. In the Neighborhood: Right next to is a BRAND NEW Neighborhood JUST BUILT from scratch. Minutes away from South Mountain Trails and the Legacy Golf Course. Easy Access to many reserves and parks with hiking, biking, and other recreational activities. Sign a longer lease and get a discount.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Smith Melvin Robert
Bought by
M & T Properties Llc
Current Estimated Value
$378,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$215,825
Interest Rate
3.78%
Mortgage Type
Seller Take Back
Estimated Equity
$162,935

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
M & T Properties Llc $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

Date Status Borrower Loan Amount
Open M & T Properties Llc $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Off Market $2,099 -- --
05/31/2024 05/31/24 Rented $2,096 -0.1% --
05/14/2024 05/14/24 Price Changed $2,099 -6.7% $2 / Sq Ft
05/05/2024 05/05/24 Price Changed $2,249 -8.2% $2 / Sq Ft
05/02/2024 05/02/24 Price Changed $2,449 -2.0% $2 / Sq Ft
04/12/2024 04/12/24 Price Changed $2,499 -7.4% $2 / Sq Ft
04/02/2024 04/02/24 Price Changed $2,699 -1.8% $2 / Sq Ft
03/26/2024 03/26/24 Price Changed $2,749 -1.8% $2 / Sq Ft
03/05/2024 03/05/24 Price Changed $2,799 -3.4% $2 / Sq Ft
02/26/2024 02/26/24 Price Changed $2,899 -3.3% $2 / Sq Ft
02/01/2024 02/01/24 For Rent $2,999 +69.9% --
12/30/2020 12/30/20 Rented $1,765 -4.6% --
12/11/2020 12/11/20 Off Market $1,850 -- --
11/29/2020 11/29/20 For Rent $1,850 -- --

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 $1,520 $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

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