NOT LISTED FOR SALE

2822 E Chipman Rd Unit 40A Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $372,000 - $411,000

0.11 Acres
$3,588,964 Price per Acre
4,914 Sq Ft Lot

Sale Details

Date Sold: July 1, 2022

Last sale price $95,000

Est. 316% increase in value since last sale

Current estimated payment $2,153 / mo

7 Days on Market

About This Lot

As of July 2022

Great opportunity to build a cash flowing investment property. Single family home or multi-tenant. 3 units were on the property prior to removing the structures.

Last Agent to Sell the Property

Richard Kovarik

HomeSmart License #SA623916000 Listed on: 05/25/2022

HomeSmart

Last Buyer's Agent

Kathy Pacheco Pietz

Realty ONE Group License #BR543237000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $501

Lot Details

  • 4,914 Sq Ft Lot
  • Property is zoned M-H-R-3

Schools

  • Percy L Julian Elementary And Middle School
  • Bicentennial South High School

Community Details

  • No Home Owners Association
  • Phoenix Mini House No. 15 Subdivision

Listing and Financial Details

  • Tax Lot 40A
  • Assessor Parcel Number 122-61-117

Property Details

Property Type

Land

Est. Annual Taxes

$501

Lot Details

4,914 Sq Ft Lot

Listing Details

  • Cross Street: 28th street
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: M-H-R-3
  • Tax Year: 2021
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: PHOENIX MINI HOUSE NO. 15
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Percy L Julian School
  • High School: Bicentennial South School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 37x128
  • Lot Size Sq Ft: 4914.0
  • Additional Parcels: No
  • Parcel #: 122-61-117
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 501.0
  • Tax Book Number: 122.00
  • Tax Lot: 40A
  • Tax Map Number: 61.00

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

Closed on
Jan 31, 2024
Sold by
Bought by
Current Estimated Value
$394,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,700
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Richard Kovarik
HomeSmart
Buyer's Agent
Kathy Pacheco Pietz
Realty ONE Group
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.52%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
0.0446%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,810
Interest Rate
0.0774%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,810
Interest Rate
0.0774%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$410,000 Magnus Title Agency
$95,000 Millennium Title Company
$30,000 American Title Service Agenc
-- American Title Service Agenc
$120,900 Capital Title Agency Inc
-- Capital Title Agency Inc
-- --
-- --
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
Closed $397,700
Closed $25,000
Closed $123,000
Closed $108,810
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
07/01/2022 07/01/22 Sold $95,000 -9.5% --
06/01/2022 06/01/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $105,000 -- --
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 $397 $16,154 -- --
2024 $386 $2,574 $2,574 --
2023 $386 $8,685 $8,685 $0
2022 $378 $4,245 $4,245 $0
2021 $501 $11,450 $2,290 $9,160
2020 $495 $10,300 $2,060 $8,240
2019 $479 $8,730 $1,740 $6,990
2018 $466 $7,030 $1,400 $5,630
2017 $444 $5,830 $1,160 $4,670
2016 $422 $4,760 $950 $3,810
2015 $398 $3,710 $740 $2,970
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Richard Kovarik

    HomeSmart

    Section Image
  • Kathy Pacheco Pietz

    Buyer's Agent in 2022

    Kathy Pacheco Pietz

    Realty One Group

    (602) 738-5836

    6 in this area

    48 Total Sales

    Kathy Pacheco Pietz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6405845

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-117

Arizona Maricopa County Phoenix 85040 South Mountain

2822 E Chipman Rd Unit 40A, 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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