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Sold for $500,000
    • $500,000

    1431 E WOOD Street, Phoenix, AZ 85040

    5beds
    4baths
    2,136sqft
    Single Family Residence
    Built in 1946
    0.46 Acres Lot
    $491,300 Zestimate®
    $234/sqft
    $2,662 Estimated rent

    Home value

    $491,300

    $447,000 - $540,000

    $2,662/mo

    Zestimate® history
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    $2,880/mo

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    $2,880/mo

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    What's special

    Modern upgradesHigh-quality finishes
    PRICED REDUCED TO SELL. Beautifully remodeled property with R-4 multi family residential zoning on HUGE 19,996 sq ft LOT - Endless Potential! Offering immense flexibility, this property is perfect for investors or developers looking to maximize their return, with the potential to build multiple units or houses. Modern upgrades and high- quality finishes throughout the main house. Don't miss this rare opportunity to own a versatile property with significant development potential here in Phoenix.

    Zillow last checked:

    Listing updated:

    Listed by:

    Johnny Tran 480-843-5055,

    eXp Realty

    Bought with:

    Dalia I Garcia, SA671124000

    HomeSmart

    Source: ARMLS,MLS#: 6738358MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • None
    Cooling
    • Ceiling Fan(s), Evaporative Cooling, Mini Split, Programmable Thmstat
    Features
    • Granite Counters, Eat-in Kitchen, Breakfast Bar, 2 Master Baths, Full Bth Master Bdrm
    • Flooring: Vinyl
    • Has basement: No
    • Furnished: Yes
    Interior area
    • Total structure area: 2,136
    • Total interior livable area: 2,136 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Gated, Garage Door Opener
    • Has garage: Yes
    • Carport spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link
    Lot
    • Size: 0.46 Acres
    • Features: Dirt Front, Dirt Back, Gravel/Stone Front
    Details
    • Parcel number: 11327033

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: NORMAN ACRES
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $234/sqft
    • Tax assessed value: $250,500
    • Annual tax amount: $711
    • Date on market: 8/9/2024
    • Cumulative days on market: 141 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/27/2024Sold$500,000-9.1%$234/sqft
    Source: ARMLS #6738358 Report a problem
    10/21/2024Price change$550,000-8.3%$257/sqft
    Source: ARMLS #6738358 Report a problem
    8/9/2024Listed for sale$600,000+152.6%$281/sqft
    Source: ARMLS #6738358 Report a problem
    11/2/2021Sold$237,500+5.6%$111/sqft
    Source: ARMLS #6300431 Report a problem
    10/6/2021Pending sale$225,000$105/sqft
    Source: ARMLS #6300431 Report a problem
    9/30/2021Listed for sale$225,000$105/sqft
    Source: ARMLS #6300431 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$674 -8%$25,050 +13.6%
    2024$732 +2.9%$22,050 +387.6%
    2023$711 +3597.9%$4,522 -68.4%
    2022$19 $14,310 -4.2%
    2021-- $14,930 +61.4%
    2020-- $9,250 -8.1%
    2019-- $10,060 +8.8%
    2018-- $9,250 +47.8%
    2017-- $6,260 -32.3%
    2016-- $9,250
    2015-- $9,250 +193.7%
    2014-- $3,150 +18.9%
    2013-- $2,650 -71.4%
    2012-- $9,250
    2011-- $9,250
    2010-- $9,250
    2009-- $9,250
    2008-- $9,250 -23.9%
    2007-- $12,150 +31.4%
    2006-- $9,250
    2005-- $9,250 +29.4%
    2004-- $7,150
    2003-- $7,150 +31.2%
    2002-- $5,450
    Find assessor info on the county website

    Neighborhood: South Mountain

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Roosevelt Elementary School
    • Middle: Roosevelt Elementary School
    • High: South Mountain High School
    • District: Roosevelt Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $491,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $491,300

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