SOLD SEP 30, 2026

Sold on sep 2026

$300,000

•

1,036

sq ft

2242 E Chipman Rd, Phoenix, AZ 85040

Track this home’s value and nearby sales activity

About this home

This 3-bedroom, 1-bath property is full of potential and ready for transformation. Sitting on a 7,484 sq ft lot, this home already features key upgrades including a newer roof, AC, fresh interior/exterior paint, bedroom carpets and an RV gate. A detached shed with electrical offers additional space for a workshop, storage, or future conversion. Whether you're looking for your next flip, a long-term rental, or a place to call home, this one is a must-see opportunity!

Single-familyProperty Type

1963Year Built

7,484 sq ftLot Size

$290Price/Sq.Ft.

4 spacesParking

Listed by Sheena Oberoi • Compass

Listed by Kenneth Binder • Compass

Bought with Jackie Oceguera Meza • Pak Home Realty

Redfin checked: 4 minutes ago

•Source:ARMLS #7063323

Redfin Estimate

$302,176

$2,176 since sold in September 2026$16K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.3% higher than the average sale price ($287K) of 6 comparable homes.

SOLD JUN 10, 2026
$408,000
A
3 beds2 baths1,309 sq ft
6408 S 19th Pl, Phoenix, AZ 85042
SOLD SEP 11, 2026
$277,000
B
3 beds1 bath980 sq ft
4451 S 20th St, Phoenix, AZ 85040
SOLD AUG 19, 2026
$202,000
C
3 beds1.5 baths979 sq ft
2234 E Wood St, Phoenix, AZ 85040
SOLD AUG 28, 2026
$325,000
D
3 beds1.5 baths1,364 sq ft
1951 E Marguerite Ave, Phoenix, AZ 85040
SOLD OCT 7, 2026
$180,000
E
3 beds2 baths1,268 sq ft
6030 S 20th St, Phoenix, AZ 85042
SOLD MAY 22, 2026
$330,000
F
3 beds1.5 baths1,222 sq ft
2344 E School Dr, Phoenix, AZ 85040

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Market trends in 85040, AZ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

+0.6% MoM

Median sale price

$379K

$1K MoM

Avg. days on market

49d

4 days MoM

Recently sold homes

9 MoM

New listings for sale

$359,900
3 beds2 baths1,160 sq ft
5222 S 14th Way, Phoenix, AZ 85040
$289,000
2 beds2 baths1,106 sq ft
4173 E Huntington Dr, Phoenix, AZ 85040
$230,000
3 beds2 baths1,030 sq ft
1757 E Hidalgo Ave, Phoenix, AZ 85040
$162,500
2 beds1 bath924 sq ft
4629 E Southgate Ave, Phoenix, AZ 85040
$379,900
3 beds2 baths1,831 sq ft
5306 S 15th St, Phoenix, AZ 85040
$539,000
6 beds3 baths— sq ft
2903 E Wier Ave, Phoenix, AZ 85040
$429,900
3 beds2.5 baths1,941 sq ft
2340 E Wayland Dr, Phoenix, AZ 85040
See all

Provided by Redfin

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Rental estimate

Est. $1,970 per month, based on comparable rentals

Sale and tax history for 2242 E Chipman Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$567 (+2.6%)

2024

$553 (+3.1%)

2023

$536 (+2.1%)

2022

$525 (−3.0%)

$2,920 + $11,700

$14,620

2021

$541 (+1.3%)

$2,480 + $9,950

$12,430

2020

$534 (+3.5%)

$2,230 + $8,920

$11,150

2019

$516 (+2.9%)

$1,760 + $7,060

$8,820

2018

$501 (+7.3%)

$1,760 + $7,060

$8,820

2017

$467 (+5.5%)

$1,180 + $4,750

$5,930

2016

$443 (+7.5%)

$1,040 + $4,190

$5,230

2015

$412 (+5.1%)

$750 + $3,020

$3,770

2014

$392 (+29.1%)

$520 + $2,100

$2,620

2013

$304 (−9.0%)

$440 + $1,790

$2,230

2012

$334 (−42.5%)

$500 + $2,020

$2,520

2011

$580 (−20.1%)

$930 + $3,720

$4,650

2010

$726 (−27.1%)

$1,420 + $5,680

$7,100

2009

$996

$2,270 + $9,090

$11,360

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,484 Sq. Ft.

Year renovated

—

Sq. Ft.

1,036

Year built

1963

Style

Single Family Residential

County

Maricopa County

APN

12207036

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 10, 2026.

R1-6

SPVTABDO

Single-Family Residence District

A basic purpose of these regulations is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods. An established pattern of living in this metropolitan area reflects a tradition of single-family occupied dwellings which also emphasize outdoor living. Many of these dwellings are thereby located on relatively large urban or suburban lots.; These regulations provide standards for dwellings built at low and moderate densities. While the predominant housing type is expected to be single-family dwelling, provisions are made for alternative housing types within the same density limits.

Zone overlays

South Phoenix Village and Target Area B Design Overlay

Permitted uses

Include but are not limited to:

Religious facility
Public service
Educational/school

Property details

Parking

Parking Information
Open Parking Spaces: 3
Covered Spaces: 1

Garage Information
Carport Spaces: 1

Interior

Kitchen Information
Laminate Counters: Yes

Bathroom Information
Bathrooms Full: 1
Bathrooms (Total Integer): 1

Bedroom Information
Bedrooms (Possible): 3

Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Electric

Interior Features
Appliances: Dryer, Washer, Refrigerator, Electric Range
Interior Features: Eat-in Kitchen, No Interior Steps, Laminate Counters
Flooring: Carpet, Vinyl, Tile

Exterior

Exterior Features
Construction Materials: Wood Frame, Painted, Block
Other Structures: Workshop, Shed(s)
Exterior Features: Storage
Fencing: Block
Roof: Composition

Property Information
Ownership: Fee Simple
Property Sub Type: Single Family Residence

Lot Information
Lot Size Area: 7,484
Lot Size Source: Assessor
Lot Features: North/South Exposure, Alley, Dirt Front, Dirt Back

Financial

Tax Information
Tax Annual Amount: $567
Tax Year: 2025

Location

HOA Information
Association Fee Includes: No Fees

School Information
Middle Or Junior School: Percy L Julian School
High School: South Mountain High School
High School District: Phoenix Union High School District
Elementary School: Martin Luther King Early Childhood Center
Elementary School District: Roosevelt Elementary District

Location Information
Directions: South on S 24th St. East on E Chipman Rd. Home to the north.

Utility Information
Sewer: Public Sewer

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,036
Stories: 1.0
Lot Size: 7,484 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Maricopa County
APN: 12207036

Home facts updated by county records on Oct 10, 2026

Around this home

Schools

Martin Luther King Junior Elementary School

Public PreK-3 • Assigned • 0.1mi

Percy L Julian School

Public K-8 • Assigned • 0.2mi

5/10

South Mountain High School

Public 9-12 • Assigned • 1.8mi

2/10

Provided by GreatSchools

Local insights from Redfin agents

The Biltmore area is where Phoenix goes to dress up a little—palm-lined streets, beautiful homes, great restaurants, upscale shopping, and just enough golf carts to remind you that leisure is taken seriously here. It’s sophisticated without being...
2 months ago • Phoenix
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 112° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Phoenix, AZ • 85040

Average low and high temperatures (°F)

106

107

108

100

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Phoenix. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.8 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$288,000 – $348,000

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Nearby similar homes

$230,000

3 beds2 baths1,030 sq ft

1757 E Hidalgo Ave, Phoenix, AZ 85040

$379,900

3 beds2 baths1,831 sq ft

5306 S 15th St, Phoenix, AZ 85040

$325,000

3 beds1.5 baths1,288 sq ft

6413 S 21st Pl, Phoenix, AZ 85042

$429,900

3 beds2.5 baths1,941 sq ft

2340 E Wayland Dr, Phoenix, AZ 85040

$359,900

3 beds2 baths1,160 sq ft

5222 S 14th Way, Phoenix, AZ 85040

$360,000

3 beds2 baths1,341 sq ft

5614 S 26th Pl, Phoenix, AZ 85040

New listings for sale in 85040

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3 beds2 baths1,160 sq ft

5222 S 14th Way, Phoenix, AZ 85040

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2 beds2 baths1,106 sq ft

4173 E Huntington Dr, Phoenix, AZ 85040

$230,000

3 beds2 baths1,030 sq ft

1757 E Hidalgo Ave, Phoenix, AZ 85040

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4629 E Southgate Ave, Phoenix, AZ 85040

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6 beds3 baths— sq ft

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Home values near 2242 E Chipman Rd

Data from public records.

Address	Redfin Estimate
2307 East Chipman Rd, Phoenix, AZ 3 Beds \| 2 Baths \| 1820 Sq. Ft.	$390,785
2236 East Chipman Rd, Phoenix, AZ 3 Beds \| 2 Baths \| 1284 Sq. Ft.	$345,110

Address	Redfin Estimate
2247 East Chipman Rd, Phoenix, AZ 4 Beds \| 2 Baths \| 1675 Sq. Ft.	$355,999
2302 East Chipman Rd, Phoenix, AZ - Beds \| 2 Baths \| 1525 Sq. Ft.	$340,507

Address	Redfin Estimate
2248 East Chipman Rd, Phoenix, AZ 4 Beds \| 2 Baths \| 1800 Sq. Ft.	$356,547
2239 East Chipman Rd, Phoenix, AZ - Beds \| 2 Baths \| 1675 Sq. Ft.	$340,073

Property information provided by ARMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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