2828 E Chipman Rd Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,057/month
Total Views
469
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Ceramic Tile Flooring
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
About This Home
Welcome to 2828 E Chipman Rd in Phoenix, a rare duplex opportunity offering both updated living space and immediate rental income. The front unit, approximately 1,700 square feet, has been recently remodeled and features 3 bedrooms, 2 bathrooms, a brand-new kitchen with modern finishes, and new carpet throughout. The spacious layout provides comfortable living and is move-in ready.
The back unit is approximately 1,000 square feet with 2 bedrooms, 1 bathroom and is currently leased through March 2026, providing a steady income stream. This setup is ideal for an owner-occupant who wants to live in the front unit and lease the back unit or for an investor seeking a turnkey property with built-in cash flow. Located in Phoenix's South Mountain area, this property offers quick access to I10 and Loop 202, making commutes throughout the Valley convenient. It is just minutes from Downtown Phoenix with its restaurants, entertainment, and cultural attractions. Nearby landmarks include Papago Park, the Phoenix Zoo, Desert Botanical Garden, and Heritage Square with the Rosson House Museum and Arizona Science Center.
Open House Schedule
-
Sunday, August 10, 202511:00 am to 2:00 pm8/10/2025 11:00:00 AM +00:008/10/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 1984
Home Design
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 122-61-025
Community Details
Overview
- 2 Units
- Building Dimensions are 7444
- Wier Estates Lots 11 32, 53 74 Subdivision
Building Details
- Operating Expense $2,222
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,222 | $15,130 | -- | -- |
| 2024 | $2,159 | $14,410 | -- | -- |
| 2023 | $2,159 | $38,410 | $7,680 | $30,730 |
| 2022 | $2,116 | $26,300 | $5,260 | $21,040 |
| 2021 | $2,159 | $21,250 | $4,250 | $17,000 |
| 2020 | $2,132 | $17,510 | $3,500 | $14,010 |
| 2019 | $2,064 | $17,770 | $3,550 | $14,220 |
| 2018 | $2,008 | $14,730 | $2,940 | $11,790 |
| 2017 | $773 | $9,150 | $1,830 | $7,320 |
| 2016 | $736 | $7,770 | $1,550 | $6,220 |
| 2015 | $692 | $6,670 | $1,330 | $5,340 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $519,999 | +182.9% | -- |
| 03/03/2017 03/03/17 | Sold | $183,800 | +2.8% | $66 / Sq Ft |
| 01/28/2017 01/28/17 | Pending | -- | -- | -- |
| 01/25/2017 01/25/17 | For Sale | $178,800 | -- | $64 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Solidifi | |
| Warranty Deed | $175,000 | American Title Svc Agency | |
| Warranty Deed | $37,000 | Great Amer Title Agency Inc | |
| Warranty Deed | $43,500 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $48,500 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $189,500 | New Conventional | |
| Closed | $140,000 | New Conventional | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $34,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6901249
APN: 122-61-025
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.
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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