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Phoenix 85040 South Mountain
2321 E CHANUTE Pass
Photo of 2321 E CHANUTE Pass
Sold on Oct 29, 2026

24

Map

Photo of 2321 E CHANUTE Pass
Photo of 2321 E CHANUTE Pass
$399,400
● House - Off Market

2321 E CHANUTE Pass

Phoenix, AZ 85040
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,318 Ft²
$2,370
Est. Monthly
$126
HOA / Fees

About This Property

Welcome to this beautifully maintained 2-story home featuring 3 bedrooms plus a versatile loft, 2.5 baths, and a 2-car garage. Fresh interior paint and brand-new carpet throughout give this home a bright, clean feel from the moment you walk in. The open kitchen offers stainless steel appliances, ample cabinet space, and a large island perfect for entertaining, flowing seamlessly into the spacious great room. Upstairs, the loft provides flexible space for a home office, playroom, or media area, while the primary suite offers a private retreat with an en-suite bath. Enjoy Arizona evenings in the low-maintenance backyard, ideal for relaxing or entertaining. Conveniently located near shopping, dining, and major freeways. Don't miss this fantastic opportunity.
Unit Size
2,318 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$177
Property Type
House
Property Taxes
$231
HOA Dues
$126
Year Built
2006

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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: 14 days ago (ARMLS #7079036)

Price History

Date / Event Date Event Price
Oct 29, 2026 Sold
Premium
Sold
Sep 26, 2026 In contract -
In contract
Sep 11, 2026 Listed by OfferPad Brokerage, LLC $409,900
Listed by OfferPad Brokerage, LLC
Mar 29, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 2,318
  • Gross Building Area: 2,318
  • Building Area: 2,318
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,318
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COPPER LEAF DEVELOPMENT UNIT 2
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: COPPER LEAF DEVELOPMENT UNIT 2 MCR 706-29

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 70629
  • Parcel: 122-52-358
  • Lot: 33
  • Meridian: SEC 27 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3983
  • Longitude: -112.031

    Address

  • Full Address: 2321 E Chanute Pass
  • Legal Unit: 2
  • Address - House Number: 2321
  • Street Direction: E
  • Address - Street Name: Chanute
  • Address - Suffix Type: Pass
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C092
  • 4-Digit Zip Code: 3476
  • Zip Code: 85040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $262,120
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1495
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 494,106
  • High Value: 567,978
  • Low Value: 420,235

    Market Valuation

  • Market Total Value: $331,700
  • Market Land Value: $66,300
  • Market Improvement Value: $265,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,170
  • Assessed Land Value: $6,630
  • Assessed Improvements Value: $26,540

    Sales

  • Current Sale Contract Date: Mar 21, 2007
  • Current Sale Recording Date: Mar 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: 2007-0372677
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 South Mountain

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$249

Below Asking

0.02%

Average Days on Market

75

Average Home Size

1859 ft²

Average Home Age

27.3 years

Currently For Sale

319 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 2457 E Pueblo Avenue, Phoenix, AZ, 85040

$1,050 /mo

  • 2 Beds
  • 1 Bath
  • 775 ft²
2457 E Pueblo Avenue #APT1, Phoenix, AZ, 85040 Listing by Dennis L Strobehn
Unit for rent at 2320 E Wier Avenue, Phoenix, AZ, 85040

$2,399 /mo

  • 4 Beds
  • 3 Baths
  • 1,949 ft²
2320 E Wier Avenue, Phoenix, AZ, 85040 Listing by Terrance N Swan
Unit for rent at 2553 E Pueblo Avenue, Phoenix, AZ, 85040

$895 /mo

  • 2 Beds
  • 1 Bath
  • 621 ft²
2553 E Pueblo Avenue #1, Phoenix, AZ, 85040 Listing by Sondra Hale

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Robert Jones, OfferPad Brokerage, LLC
Last Updated: 14 days ago
Data Source: ARMLS, MLS# 7079036
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 2321 East Chanute Pass built and last sold?
The property at 2321 East Chanute Pass was built in 2006 and last sold on Mar 21, 2007 for $311,036.
How much is this home worth?
The estimated value of the home located at 2321 East Chanute Pass is $423,911.
What are some comparable homes to 2321 East Chanute Pass?
There are currently no comparable homes to 2321 East Chanute Pass.
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