3151 E Chipman Rd Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $4,127/month
Highlights
- Cooling Available
- Ceiling Fan
- Heating Available
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,058
Year Built
- Built in 1984
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Roosevelt Elementary School
- Rover Elementary Middle School
- South Mountain High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 62
- Assessor Parcel Number 122-60-043
Community Details
Overview
- 4 Units
- Building Dimensions are 10876
- Wier Estates Lots 159 168 Subdivision
Building Details
- Operating Expense $1,058
- Gross Income $29,100
Map
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 | $1,058 | $7,205 | -- | -- |
| 2024 | $1,028 | $6,862 | -- | -- |
| 2023 | $1,028 | $43,620 | $8,720 | $34,900 |
| 2022 | $1,008 | $30,280 | $6,050 | $24,230 |
| 2021 | $1,028 | $24,200 | $4,840 | $19,360 |
| 2020 | $1,015 | $19,160 | $3,830 | $15,330 |
| 2019 | $983 | $18,730 | $3,740 | $14,990 |
| 2018 | $956 | $13,760 | $2,750 | $11,010 |
| 2017 | $911 | $10,300 | $2,060 | $8,240 |
| 2016 | $867 | $8,900 | $1,780 | $7,120 |
| 2015 | $816 | $7,700 | $1,540 | $6,160 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 01/19/2025 01/19/25 | Price Changed | $725,000 | -3.3% | -- |
| 12/02/2024 12/02/24 | For Sale | $750,000 | +50.0% | -- |
| 07/16/2021 07/16/21 | Sold | $500,000 | 0.0% | $167 / Sq Ft |
| 06/17/2021 06/17/21 | Pending | -- | -- | -- |
| 06/14/2021 06/14/21 | For Sale | $499,900 | -- | $167 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $500,000 | Dhi Title Agency | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Cash Sale Deed | $41,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $70,500 | Unknown | |
| Previous Owner | $59,500 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6790190
APN: 122-60-043
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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