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Sold for $300,000
  • Zillow Home logoZestimate®
    $300,000

    2242 E CHIPMAN Road, Phoenix, AZ 85040

    3beds
    1,036sqft
    Single Family Residence
    Built in 1963
    7,484 Square Feet Lot
    $300,000 Zestimate®
    $290/sqft
    $2,019 Estimated rent

    Home value

    $300,000

    $276,000 - $324,000

    $2,019/mo

    Zestimate® history
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    What's special

    Rv gateDetached shed with electricalNewer roofBedroom carpets
    This 3-bedroom, 1-bath property is full of potential and ready for transformation. Sitting on a 7,484 sq ft lot, this home already features key upgrades including a newer roof, AC, fresh interior/exterior paint, bedroom carpets and an RV gate. A detached shed with electrical offers additional space for a workshop, storage, or future conversion. Whether you're looking for your next flip, a long-term rental, or a place to call home, this one is a must-see opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheena Oberoi 970-412-9614,

    Compass,

    Kenneth Binder 480-977-0606,

    Compass

    Bought with:

    Jackie Oceguera Meza, SA700315000

    Pak Home Realty

    Source: ARMLS,MLS#: 7063323MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Refrigerator, Electric Range
    Features
    • Eat-in Kitchen, No Interior Steps, Laminate Counters
    • Flooring: Carpet, Vinyl, Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,036
    • Total interior livable area: 1,036 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Open
    • Carport spaces: 1
    • Uncovered spaces: 3
    Features
    • Stories: 1
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 7,484 Square Feet
    • Features: North/South Exposure, Alley, Dirt Front, Dirt Back
    Details
    • Additional structures: Workshop, Shed(s)
    • Parcel number: 12207036

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: SHERATON PARK 1
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $290/sqft
    • Tax assessed value: $222,000
    • Annual tax amount: $567
    • Date on market: 8/5/2026
    • Cumulative days on market: 57 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/30/2026Sold$300,000+1.7%$290/sqft
    Source: ARMLS #7063323 Report a problem
    8/26/2026Price change$295,000-4.8%$285/sqft
    Source: ARMLS #7063323 Report a problem
    8/6/2026Listed for sale$310,000$299/sqft
    Source: ARMLS #7063323 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$567 +2.6%$22,200 -6.6%
    2024$553 +3.1%$23,770 +524.5%
    2023$536 +2.1%$3,806 -74%
    2022$525 -1.8%$14,620 +17.6%
    2021$534 +3.5%$12,430 +11.5%
    2020$516 +2.9%$11,150 +26.4%
    2019$501 $8,820 +13.4%
    2018$501 +7.3%$7,780 +31.2%
    2017$467 +13.4%$5,930 +13.4%
    2016$412 +4.9%$5,230 +38.7%
    2015$393 $3,770 +43.9%
    2014-- $2,620 +17.5%
    2013-- $2,230 -11.5%
    2012-- $2,520 -45.8%
    2011-- $4,650 -34.5%
    2010-- $7,100 -37.5%
    2009-- $11,360 -11.6%
    2008-- $12,850 +27.9%
    2007-- $10,050 +55.8%
    2006-- $6,450
    2005-- $6,450 +10.3%
    2004-- $5,850
    2003-- $5,850 +30%
    2002-- $4,500
    Find assessor info on the county website

    Neighborhood: South Mountain

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Martin Luther King Early Childhood Center
    • Middle: Percy L Julian 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
    $300,000
    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
    $300,000