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Phoenix 85041 South Mountain
4922 S 23RD Drive
Photo of 4922 S 23RD Drive
Sold on Aug 30, 2024

18

Map

Photo of 4922 S 23RD Drive
Photo of 4922 S 23RD Drive
$387,000
● House - Off Market

4922 S 23RD Drive

Phoenix, AZ 85041
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,385 Ft²
$2,178
Est. Monthly
$62
HOA / Fees

About This Property

Charming 4-bedroom, 2-bathroom home featuring a cozy family room, perfect for gatherings and relaxation. The living area is bright and airy, adorned with dual pane windows that invite natural light.

The kitchen boasts of elegant granite countertops, ample storage within a pantry, and an open-concept ideal for hosting get togethers. Step outside onto the covered patio overlooking a private yard which is a blank canvas ready for your personal touches. Enclosed by block fencing for ultimate privacy and tranquility.

Conveniently located in a desirable area, this property presents a fantastic opportunity as a rental investment or a comfortable family home. Don't miss the chance to make this your own haven!
Unit Size
1,385 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$282
Property Type
House
Property Taxes
$201
HOA Dues
$62
Year Built
2020

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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: 5 months ago (ARMLS #6707098)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
May 17, 2024 Listed by My Home Group Real Estate $390,000
Listed by My Home Group Real Estate
May 23, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by My Home Group Real Estate $419,900
Listed by My Home Group Real Estate
Mar 1, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • 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: 4,616
  • Total Building Area: 1,385
  • Gross Building Area: 1,385
  • Building Area: 1,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,385
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDEN MEADOWS
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • Legal Description 1: EDEN MEADOWS MCR 1434-29

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 107300

Zoning

  • Zoning: R16

Geography

  • Assessors Map Reference: MB 143429
  • Parcel: 105-66-050
  • Lot: 14
  • Meridian: SEC 25 TWN 1N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4013
  • Longitude: -112.109

    Address

  • Full Address: 4922 S 23rd Dr
  • Address - House Number: 4922
  • Street Direction: S
  • Address - Street Name: 23rd
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C055
  • 4-Digit Zip Code: 2968
  • Zip Code: 85041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,936
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 384,272
  • High Value: 436,277
  • Low Value: 332,266

    Market Valuation

  • Market Total Value: $272,600
  • Market Land Value: $54,500
  • Market Improvement Value: $218,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,260
  • Assessed Land Value: $5,450
  • Assessed Improvements Value: $21,810

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 441307
  • Previous Sale Recording Date: Mar 01, 2022
  • Previous Sale Contract Date: Feb 14, 2022
  • Previous Sale Amount: $390,000
  • 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 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

27.4 years

Currently For Sale

311 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 2050 W Southern Avenue, Phoenix, AZ, 85041

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,149 ft²
2050 W Southern Avenue #3, Phoenix, AZ, 85041 Listing by Heather Troost
Unit for rent at 1841 W Minton Street, Phoenix, AZ, 85041

$2,150 /mo

  • 3 Beds
  • 3 Baths
  • 2,242 ft²
1841 W Minton Street, Phoenix, AZ, 85041 Listing by Jimmy Lee
Unit for rent at 1619 W Hidalgo Avenue, Phoenix, AZ, 85041

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,345 ft²
1619 W Hidalgo Avenue, Phoenix, AZ, 85041 Listing by Jue Kraver

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6707098
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 4922 South 23rd Drive built and last sold?
The property at 4922 South 23rd Drive was built in 2020 and last sold on May 19, 2022 for $428,000.
How much is this home worth?
The estimated value of the home located at 4922 South 23rd Drive is $394,648.
What are some comparable homes to 4922 South 23rd Drive?
There are currently no comparable homes to 4922 South 23rd Drive.
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