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Phoenix 85015 Siesta Terrace
2320 W MITCHELL Drive
Photo of 2320 W MITCHELL Drive
Sold on Aug 9, 2022

27

Map

Photo of 2320 W MITCHELL Drive
Photo of 2320 W MITCHELL Drive
$459,000
● House - Off Market

2320 W MITCHELL Drive

Phoenix, AZ 85015
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,267 Ft²
$441,818
RealtyHop Estimate
-1.60%
Since Sep 1, 2022
AZ-Phoenix
Primary Model

About This Property

Located in central Phoenix, this stunning mid century ranch home will delight.  Beautifully updated with STYLE to spare.  The home is flooded with natural light from large picture windows.  Light and bright color palette allow easy integration of your personal style and colors.  Sitting on a large pie shaped lot, there's plenty of room for a pool, etc.  The open great room concept and long island/bar are perfect for hosting friends and parties.  Conveniently located with easy access to major freeways, shopping, downtown, parks and more.  Come see this home before it's gone.
Unit Size
1,267 Ft²
Days on Market
33 days
Land Size
0.20 acres
Price per sqft
$354
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #6428757)

Price History

Date / Event Date Event Price
Aug 9, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by Long Realty Uptown $449,000
Listed by Long Realty Uptown
Jun 4, 2019 Sold
Premium
Sold
Mar 30, 2019 No longer available -
No longer available
Mar 30, 2019 Listed by HomeSmart $304,900
Listed by HomeSmart
Amazing opportunity to own this newly remodeled home in a prime location! Featured on a large lot, no detail was spared on this impeccable home. Complete with large windows, the interior of the home is flooded with Arizona sunshine that highlights the home's open floor plan. The home has three bedrooms and two baths and comes with state of the art technology as showcased through the appliances and thermometer. Great curb appeal rounds out the home! Close to downtown Phoenix and a short distance to Scottsdale, this home's location is ideal for those looking to enjoy all that the Valley has to offer. With all of these attributes, this home will not last long, so schedule a showing today! NO HOA!
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 29
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,699
  • Total Building Area: 1,267
  • Gross Building Area: 1,267
  • Building Area: 1,267
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 24
  • Heated Square Feet: 1,267
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA TERRACE 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: SIESTA TERRACE 1 MCR 54/29

Neighborhood

  • School District Name: Alhambra Elementary District
  • Census Tract: 117000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 5429
  • Parcel: 110-19-099
  • Lot: 99
  • Meridian: SEC 25 TWN 2N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4891
  • Longitude: -112.109

    Address

  • Full Address: 2320 W Mitchell Dr
  • Address - House Number: 2320
  • Street Direction: W
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C056
  • 4-Digit Zip Code: 5441
  • Zip Code: 85015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $118,740
  • Tax Rate Code Area: 681300

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 440,036
  • High Value: 509,715
  • Low Value: 370,356

    Market Valuation

  • Market Total Value: $296,800
  • Market Land Value: $59,300
  • Market Improvement Value: $237,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,680
  • Assessed Land Value: $5,930
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 631893
  • Previous Sale Recording Date: Jun 04, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $302,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Encanto

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$345

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2332 ft²

Average Home Age

58.9 years

Currently For Sale

262 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 740 W Elm Street, Phoenix, AZ, 85013

$1,195 /mo

  • 1 Bed
  • 1 Bath
  • 638 ft²
740 W Elm Street #248, Phoenix, AZ, 85013 Listing by Lisset Virgen
Unit for rent at 1648 W Colter Street, Phoenix, AZ, 85015

$1,225 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
1648 W Colter Street #5, Phoenix, AZ, 85015 Listing by Eric Lambert
Unit for rent at 2001 W Turney Avenue, Phoenix, AZ, 85015

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,620 ft²
2001 W Turney Avenue #6, Phoenix, AZ, 85015 Listing by Jaime A Villegas

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ken Elder, Long Realty Uptown
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6428757
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2320 West Mitchell Drive built and last sold?
The property at 2320 West Mitchell Drive was built in 1953 and last sold on Aug 3, 2022 for $459,000.
How much is this home worth?
The estimated value of the home located at 2320 West Mitchell Drive is $446,551.
What are some comparable homes to 2320 West Mitchell Drive?
There are currently no comparable homes to 2320 West Mitchell Drive.
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