2440 E Chipman Rd
Phoenix, AZ 85040
South Mountain- Studio
- 1 Bath
- 2,112 sqft
Studio
1 Bath
2,112 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1998
Living Area
2,112 sqft
Price/Sqft
$172
About this House
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
2440 E Chipman Rd, Phoenix, AZ 85040 is a studio, 1 bathroom, 2,112 sqft single-family home in South Mountain, built in 1998. It last sold for $19,000 on Aug 21, 2009. It is currently off market. The Trulia Estimate is $363,800, with a rent estimate of $2,170/month.
Home Details for 2440 E Chipman Rd
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
Heating & Cooling Cooling System: Evaporative |
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Exterior Home Features Roof: Built UpExterior: Stucco |
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Year Built Year Built: 1998Year Updated: 1998 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 3 |
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Lot Area: 7492 sqft |
Price History for 2440 E Chipman Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/21/2009 | $19,000 | Sold | ARMLS #4232502 |
| 05/25/2007 | $215,000 | Sold | ARMLS #2716526 |
| 10/07/2004 | $138,000 | Sold | N/A |
| 07/14/1997 | $37,500 | Sold | N/A |
Market trends in South Mountain
Last updated June 2026
Avg. sale price
$387K
$9.67KMoM
Sale-to-List Price
99.8%
Price per sq ft
$242
$8MoM
Available listings
381
21MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $800 |
| Assessment | $394,200 |
Home facts updated by county records
Comparable Sales for 2440 E Chipman Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $385,000 | 02/27/26 | 3 | 2 | 1,346 | |
0.13 | Single-Family Home | $435,000 | 06/12/26 | 4 | 2 | 1,686 | |
1.01 | Single-Family Home | $20,000 | 01/16/26 | 1 | 2,038 | ||
0.24 | Single-Family Home | $415,000 | 08/03/26 | 3 | 2 | 1,596 | |
0.23 | Single-Family Home | $440,000 | 05/18/26 | 5 | 3 | 2,130 | |
0.18 | Single-Family Home | $470,000 | 05/12/26 | 5 | 3 | 2,116 | |
0.43 | Single-Family Home | $195,000 | 10/20/25 | 1 | 1,324 | ||
0.19 | Single-Family Home | $460,000 | 03/30/26 | 3 | 3 | 2,116 | |
0.15 | Single-Family Home | $175,000 | 12/03/25 | 6 | 6 | 1,822 | |
0.17 | Single-Family Home | $330,000 | 05/22/26 | 3 | 1.5 | 1,222 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2440 E Chipman Rd.
What Locals Say about South Mountain
At least 811 Trulia users voted on each feature.
83 % Say car is needed
82 % Say there are sidewalks
79 % Say parking is easy
78 % Say yards are well-kept
70 % Say it's dog friendly
69 % Say there's holiday spirit
62 % Say kids play outside
59 % Say it's quiet
54 % Say streets are well-lit
54 % Say they plan to stay for at least 5 years
50 % Say people would walk alone at night
47 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
42 % Say there's wildlife
41 % Say it's walkable to restaurants
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 2440 E Chipman Rd
Off Market Homes Near 2440 E Chipman Rd
Frequently asked questions about 2440 E Chipman Rd
- What is 2440 E Chipman Rd estimated to be worth?Trulia's estimated value for 2440 E Chipman Rd in Phoenix, AZ is $363,800.
- What is the price history for 2440 E Chipman Rd?2440 E Chipman Rd in Phoenix, AZ last sold for $19,000 in August 2009.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $387K. That is up $9.67K from the prior month.
- Does 2440 E Chipman Rd have air conditioning?Yes, 2440 E Chipman Rd in Phoenix, AZ has air conditioning.
- How big is the lot at 2440 E Chipman Rd?The lot at 2440 E Chipman Rd in Phoenix, AZ is about 0.17 acres (7,405 sq ft).