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Phoenix 85029 North Mountain
2340 W SHAW BUTTE Drive
Photo of 2340 W SHAW BUTTE Drive
Sold on Sep 6, 2023

32

Map

Photo of 2340 W SHAW BUTTE Drive
Photo of 2340 W SHAW BUTTE Drive
$405,000
● House - Off Market

2340 W SHAW BUTTE Drive

Phoenix, AZ 85029
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,608 Ft²
$396,195
RealtyHop Estimate
-0.93%
Since Oct 1, 2023
AZ-Phoenix
Primary Model

About This Property

Beautiful 3 bed, 2 bathroom home in the heart of Phoenix! Step inside to find a spacious living area, modern kitchen with white cabinets, open shelving, and a large island. The bedrooms are spacious, bathrooms are updated, and the possibilities are endless in the backyard!

A few large maintenance items have been completed for you already: new roof and AC as of 2021 and a new water heater in 2020! Stop by and see it in person before it's too late!
Unit Size
1,608 Ft²
Days on Market
75 days
Land Size
0.19 acres
Price per sqft
$249
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #6571248)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Jun 19, 2023 Listed by Keller Williams Realty Phoenix $399,900
Listed by Keller Williams Realty Phoenix
Aug 24, 2020 Sold
Premium
Sold
Mar 24, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 25
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 1,608
  • Gross Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY VISTA UNIT 4A
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: VALLEY VISTA UNIT 4A MCR 115-40

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 104401

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 11540
  • Parcel: 149-57-173
  • Lot: 410
  • Meridian: SEC 24 TWN 3N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.5961
  • Longitude: -112.11

    Address

  • Full Address: 2340 W Shaw Butte Dr
  • Address - House Number: 2340
  • Street Direction: W
  • Address - Street Name: Shaw Butte
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C005
  • 4-Digit Zip Code: 3435
  • Zip Code: 85029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,882
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 385,384
  • High Value: 437,540
  • Low Value: 333,228

    Market Valuation

  • Market Total Value: $246,700
  • Market Land Value: $49,300
  • Market Improvement Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,670
  • Assessed Land Value: $4,930
  • Assessed Improvements Value: $19,740

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 465540
  • Previous Sale Recording Date: Aug 24, 2020
  • Previous Sale Contract Date: Jul 27, 2020
  • Previous Sale Amount: $269,200
  • 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 North Mountain

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$259

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1697 ft²

Average Home Age

49.7 years

Currently For Sale

494 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 2327 W Sunnyside Avenue, Phoenix, AZ, 85029

$2,299 /mo

  • 4 Beds
  • 2 Baths
  • 1,450 ft²
2327 W Sunnyside Avenue, Phoenix, AZ, 85029 Listing by Ann M Gregory
Unit for rent at 9615 N 13th Avenue, Phoenix, AZ, 85021

$1,995 /mo

  • 3 Beds
  • 3 Baths
  • 1,244 ft²
9615 N 13th Avenue #104, Phoenix, AZ, 85021 Listing by Derek Meins
Unit for rent at 13651 N 33rd Avenue, Phoenix, AZ, 85029

$2,295 /mo

  • 4 Beds
  • 2 Baths
  • 2,070 ft²
13651 N 33rd Avenue, Phoenix, AZ, 85029 Listing by Derek Meins

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Jerry P Brandvig, Keller Williams Realty Phoenix
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6571248
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 2340 West Shaw Butte Drive built and last sold?
The property at 2340 West Shaw Butte Drive was built in 1968 and last sold on Sep 6, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 2340 West Shaw Butte Drive is $0.
What are some comparable homes to 2340 West Shaw Butte Drive?
There are currently no comparable homes to 2340 West Shaw Butte Drive.
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