NOT LISTED FOR SALE

3128 E Chipman Rd Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $480,672 - $535,000

3 Beds
-- Bath
2,112 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $485,000 $230 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,721/month

152 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2024

Great Income Potential! Multi-family property composed of three distinctive units with NO HOA! 3BR /1BA * 2BR/1BA * 1BR/1BA * Five open parking spaces ensure plenty of room for residents and guests. Mature shade trees outside each unit. Close to parks, shopping centers, dining and schools!

Last Agent to Sell the Property

Richard Harless

AZ Flat Fee License #SA672256000 Listed on: 08/03/2023

Co-Listed By

Jamie Bowcut

My Home Group Real Estate License #SA674290000

Last Buyer's Agent

Anna Van Ham

W and Partners, LLC License #BR651440000

W and Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1985

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Irene Lopez Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 26
  • Assessor Parcel Number 122-60-020-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 60.85-128.46-60.50-131.04
  • Wier Estates Lots 11 32, 53 74 Subdivision

Building Details

  • Operating Expense $722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 32nd St & E Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: li3k001
  • Co List Office Phone: 480-771-1511
  • Subdivision Name: WIER ESTATES LOTS 11-32, 53-74
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Disposal
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes

Schools

  • Elementary School: Irene Lopez Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Irene Lopez Elementary School

Lot Info

  • Lot Size: 60.85-128.46-60.50-131.04
  • Additional Parcels: No
  • Parcel #: 122-60-020-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 3
  • Annual Operating Expense: 722.0

Tax Info

  • Tax Annual Amount: 722.0
  • Tax Book Number: 122.00
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Eli Smushkovich and Sheyda Lalezarzdeh
Bought by
Smushkovich Eli and Lalezarzadeh Sheyda
Current Estimated Value
$508,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Outstanding Balance
$363,636
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$144,782

Purchase Details

Listed on
Aug 3, 2023
Closed on
Mar 1, 2024
Sold by
Stardom Investments Llc
Bought by
Eli Smushkovich And Sheyda Lalezarzdeh Living and Smushkovich
Seller's Agent
Richard Harless
AZ Flat Fee
Buyer's Agent
Anna Van Ham
W and Partners, LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$363,750
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2012
Sold by
Urban Home Improvements & Investments Ll
Bought by
Stardom Loans Llc

Purchase Details

Closed on
Aug 29, 2012
Sold by
Perez Andre
Bought by
Urban Home Improvements & Investments Ll

Purchase Details

Closed on
Aug 22, 2012
Sold by
Afkary Saied
Bought by
Perez Andre

Purchase Details

Closed on
Dec 19, 2011
Sold by
Aizikovitz Nir
Bought by
Afkary Saied

Purchase Details

Closed on
Apr 27, 2011
Sold by
Britt Enterprises Llc
Bought by
Aizikovitz Nir

Purchase Details

Closed on
Feb 18, 2011
Sold by
Bone Rosalia
Bought by
Bone Alan

Purchase Details

Closed on
May 10, 2010
Sold by
Ez Homes Inc
Bought by
Britt Enterprises Llc and Bone Alan

Purchase Details

Closed on
May 1, 2010
Sold by
Hernandez Dora S
Bought by
Ez Homes

Purchase Details

Closed on
Sep 27, 2006
Sold by
Melero Jose and Melero Teresa
Bought by
Hernandez Dora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,400
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 23, 2005
Sold by
Lone Wolf Investments Llc
Bought by
Melero Jose and Melero Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2004
Sold by
Madanick Barbara
Bought by
Lone Wolf Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Lovett Jill
Bought by
Madanick Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2004
Sold by
Madanick Fred
Bought by
Madanick Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Sold by
Joksimovich Gordon
Bought by
Lovett Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
11.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 1997
Sold by
Austin Funding Inc
Bought by
Joksimovich Gordon

Purchase Details

Closed on
May 1, 1995
Sold by
Mortgage Service America Co
Bought by
Austin Funding Inc

Purchase Details

Closed on
Jan 4, 1995
Sold by
First California Mtg Company
Bought by
Federal Home Loan Mortgage Corporation
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
Smushkovich Eli -- Pioneer Title Agency
Eli Smushkovich And Sheyda Lalezarzdeh Living $485,000 Charity Title Agency
Stardom Loans Llc -- Sterling Title Agency Llc
Urban Home Improvements & Investments Ll -- Sterling Title Agency Llc
Perez Andre -- None Available
Afkary Saied $50,000 None Available
Aizikovitz Nir $50,000 Lawyers Title Of Arizona Inc
Bone Alan -- Lawyers Title Of Az Inc
Britt Enterprises Llc -- None Available
Ez Homes $26,500 None Available
Hernandez Dora S $204,000 First Southwestern Title Age
Melero Jose $156,000 Lawyers Title Ins
Lone Wolf Investments Llc -- --
Madanick Barbara $133,000 First Financial Title Agency
Madanick Barbara -- First Financial Title Agency
Lovett Jill $92,000 Grand Canyon Title Agency In
Joksimovich Gordon $37,500 Security Title Agency
Austin Funding Inc $17,500 Lawyers Title
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smushkovich Eli $365,500
Previous Owner Eli Smushkovich And Sheyda Lalezarzdeh Living $363,750
Previous Owner Hernandez Dora S $20,400
Previous Owner Melero Jose $124,800
Previous Owner Madanick Barbara $119,700
Previous Owner Lovett Jill $78,200
Closed Lovett Jill $13,800
Closed Melero Jose $23,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $485,000 -2.8% $230 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/24/2023 12/24/23 For Sale $499,000 0.0% $236 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $499,000 +2.9% $236 / Sq Ft
10/03/2023 10/03/23 Off Market $485,000 -- --
09/20/2023 09/20/23 Price Changed $499,000 -5.7% $236 / Sq Ft
09/01/2023 09/01/23 For Sale $529,000 0.0% $250 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $529,000 -- $250 / 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 $778 $5,161 -- --
2024 $737 $4,915 -- --
2023 $737 $30,680 $6,130 $24,550
2022 $722 $21,530 $4,300 $17,230
2021 $736 $17,760 $3,550 $14,210
2020 $727 $14,410 $2,880 $11,530
2019 $704 $14,220 $2,840 $11,380
2018 $685 $10,450 $2,090 $8,360
2017 $653 $7,630 $1,520 $6,110
2016 $621 $6,500 $1,300 $5,200
2015 $584 $5,510 $1,100 $4,410
Source: Public Records

Agents Affiliated with this Home

  • Richard Harless

    Seller's Agent in 2024

    Richard Harless

    AZ Flat Fee

    (480) 485-4881

    36 in this area

    834 Total Sales

    Richard Harless
    Section Image
  • Jamie Bowcut

    Seller Co-Listing Agent in 2024

    Jamie Bowcut

    My Home Group Real Estate

    (602) 230-7600

    19 in this area

    173 Total Sales

    Jamie Bowcut
    Section Image
  • Anna Van Ham

    Buyer's Agent in 2024

    Anna Van Ham

    W and Partners, LLC

    (949) 813-9144

    1 in this area

    43 Total Sales

    Anna Van Ham
    Section Image

  • A

    Buyer's Agent in 2024

    Anna Lauri

    Elevated Home Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6588013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-020B

Arizona Maricopa County Phoenix 85040 South Mountain

3128 E Chipman Rd, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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