$487,400
- 2 Beds
- 1 Bath
- 2,280 sqft
2924 E CHIPMAN Road, Phoenix, AZ 85040
Est. Refi. Payment $2,928/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 8, 2009 for $22,250
Home Value
Trulia Estimate
$487KSince last month
Increased$38K (+8.3%)Since last year
Decreased$32K (-6%)Since last sale
Increased$476K (+2,138.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +12% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $498K |
| August 2026 | $460K |
| July 2026 | $471K |
| June 2026 | $490K |
| May 2026 | $475K |
| April 2026 | $462K |
| March 2026 | $454K |
| February 2026 | $478K |
| January 2026 | $519K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $750,000 | 10/31/25 | 6 | 3 | 3,270 | |
0.50 | Multi-Family Home | $762,000 | 09/30/25 | 6 | 3 | 3,270 | |
0.63 | Multi-Family Home | $580,000 | 01/22/26 | 6 | 4 | 2,400 | |
1.23 | Multi-Family Home | $525,000 | 02/11/26 | 4 | 2 | 1,720 | |
0.52 | Multi-Family Home | $580,000 | 01/30/26 | 8 | 4 | - | |
1.36 | Multi-Family Home | $375,000 | 04/30/26 | 6 | 2 | 3,400 | |
1.30 | Multi-Family Home | $540,000 | 05/08/26 | 7 | 4 | 2,066 | |
1.56 | Multi-Family Home | $488,000 | 08/07/26 | 5 | 3 | 2,600 | |
1.48 | Multi-Family Home | $435,000 | 01/09/26 | 5 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $350,000 | 3 | 2 | 1,364 | Recently Sold | |
0.04 | $360,300 | 3 | 2 | 1,580 | Off Market | |
0.06 | $434,200 | 3 | 2 | 1,774 | Off Market | |
0.08 | $516,300 | 5 | 2 | 2,885 | Off Market | |
0.04 | $362,100 | 3 | 2 | 1,329 | Off Market | |
0.05 | $518,000 | 6 | 1 | 2,160 | Off Market | |
0.08 | $290,000 | 3 | 1 | 864 | Off Market | |
0.10 | $396,700 | 2 | 1 | - | Off Market | |
0.12 | $361,500 | 4 | 2 | 1,680 | Off Market | |
0.15 | $526,100 | 6 | 3 | 2,211 | Off Market | |
0.13 | $519,999 | 5 | 3 | 2,700 | For Sale |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1985
2,280 sqft
$214/sqft
6 Open Spaces
About this House
Great investment property for your buyer! Talk about cash flow! Less than $20,000 per unit for two bedroom units. This building consists of three two bedrooms/one bathroom units in a popular Phoenix neighborhood. Close to freeways, schools, shopping, transportation and employment. For any additional information please contact us at info@pruven.org for quickest results.
2924 E CHIPMAN Road, Phoenix, AZ 85040 is a 2 bedroom, 1 bathroom, 2,280 sqft multi-family in South Mountain, built in 1985. It last sold for $22,250 on Apr 8, 2009 (38% below the $36,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $487,400, with a rent estimate of $1,162/month.
Last check for updates: about 9 hours ago
Listed by Liliana Radu, (480) 234-5231
The Arizona Real Estate Company.com
Romeo Radu, (480) 277-2233
The Arizona Real Estate Company.com
Bought with: Lavinia Lindgren, (623) 204-5847, The Arizona Real Estate Company.com
Source: ARMLS, MLS#4125971

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 2924 E CHIPMAN Road
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 2280 Square Feet |
Appliances & Utilities Appliances: None |
Heating & Cooling Heating: Other,See RemarksHas CoolingAir Conditioning: Other,See RemarksHas HeatingHeating Fuel: See Remarks |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Floors: Vinyl |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Free,>1 Space Per Unit |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 240 |
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Year Built Year Built: 1985 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Painted |
Property Information Parcel Number: 12261018 |
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Price List Price: $36,000 |
Status Change & Dates Off Market Date: Thu Mar 26 2009 |
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MLS Status: Closed |
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Direction & Address City: Phoenix |
School Information Elementary School District: Roosevelt Elementary DistrictHigh School District: Phoenix Union High School District |
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Building Area Building Area: 2280 Square Feet |
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Community Features: No Pool |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: Other, See Remarks |
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Mls Number: 4125971 |
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No Pool |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 8, 2009 Source: ARMLS #4125971 | Sold | $22,250 |
Apr 3, 2006 Source: ARMLS #2481683 | Sold | $205,000 |
Market trends in South Mountain
Last updated August 2026
Avg. sale price
$377K
$3KMoM
Sale-to-List Price
100.0%
Price per sq ft
$241
$2MoM
Available listings
374
Around this home
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
LGBTQ Local Legal Protections

Frequently asked questions about 2924 E CHIPMAN Road
- What is 2924 E CHIPMAN Road estimated to be worth?Trulia's estimated value for 2924 E CHIPMAN Road in Phoenix, AZ is $487,400.
- What is the price history for 2924 E CHIPMAN Road?2924 E CHIPMAN Road in Phoenix, AZ last sold for $22,250 in April 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 $377K. That is up $3K from the prior month.
- Does 2924 E CHIPMAN Road have air conditioning?Yes, 2924 E CHIPMAN Road in Phoenix, AZ has air conditioning.
- Does 2924 E CHIPMAN Road have parking?Yes, 2924 E CHIPMAN Road in Phoenix, AZ has on-site parking.