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2501 East Chipman Road

2501 East Chipman Road, Phoenix, AZ 85040
Property in Ben-Jo Estates
Sold Jun 09, 2016
$125,000
$122,735 by Skyline Financial Corp
Mortgage Due Jul 01, 2046
Sold Oct 10, 2013
Transfer
Local assessors in Phoenix, AZ have categorized 2501 East Chipman Road as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,505 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2501 East Chipman Road has a total of 1,508 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 27, 2016 for $125,000. That's $82.89 per sqft. 2501 East Chipman Road was last assessed in 2023. The total value of the property was assessed at $21,070. Specifically, the land the property is located on was valued at $4,210. While improvements on the property were assessed at a total of $16,860. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $497. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,505
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEN-JO ESTATES LOTS 1-10, 33-52, 75-94
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEN-JO ESTATES LOTS 1-10, 33-52, 75-94 MCR 35/24

Ownership

  • Current Owner : SOTO LUIS E FELIX
  • Previous Owner : NATIONAL TAX LIEN REDEMPTION SERVICES LL
  • Owner Before Previous Owner: KRASKOUSKAS MATTHEW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116100

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 3524
  • Parcel: 122-54-041
  • Lot: 50
  • Meridian: SEC 26 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4022
  • Longitude: -112.027

    Address

  • Full Address: 2501 E Chipman Rd
  • Address - House Number: 2501
  • Street Direction: E
  • Address - Street Name: Chipman
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C087
  • 4-Digit Zip Code: 2631
  • Zip Code: 85040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $497
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 322,567
  • High Value: 374,356
  • Low Value: 270,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,735
  • First Open Lien Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 09, 2016
  • First Open Lien Mortgage Loan Amount: $122,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $210,700
  • Market Land Value: $42,100
  • Market Improvement Value: $168,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,070
  • Assessed Land Value: $4,210
  • Assessed Improvements Value: $16,860

    Sales

  • Current Sale Contract Date: May 27, 2016
  • Current Sale Recording Date: Jun 09, 2016
  • Current Sale Transaction ID: 1583880226
  • Current Sale Price: $125,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2016-0400811
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Oct 07, 2013
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Jun 09, 2016
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2046

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Frequently Asked Questions

What neighborhood is 2501 East Chipman Road located in?
The 2501 East Chipman Road is a located in the neighborhood of Ben-Jo Estates in South Mountain, Phoenix.
What is the average sales price for listings in 2501 East Chipman Road?
The average sales price for units in 2501 East Chipman Road is $0 currently.

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