*DO NOT DISTURB TENANTS* Investor special with great returns and very limited maintenance. Long term tenants have been in place and buyers have option to renew leases in escrow, tenants love their homes and want to stay! Both units are 3 Bedroom - 1 Bathroom -900 square feet with full kitchens and appliances included. Both units are identical to each other and are in high demand always. Home offers a 9% CAP in a market where people are buying for 6%.
Single-familyProperty Type
2003Year Built
7,496 sq ftLot Size
$470Est. Price/Sq.Ft.
4 spacesParking
Listed by Tanner Lee• Beehive Property Management, LLC
Bought with Tanner Lee• Beehive Property Management, LLC
Source:ARMLS #5684631
Redfin Estimate
$430,782
$216K since sold in July 2020$3,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17% higher than the average sale price ($368K) of 6 comparable homes.
*DO NOT DISTURB TENANTS* Investor special with great returns and very limited maintenance. Long term tenants have been in place and buyers have option to renew leases in escrow, tenants love their homes and want to stay! Both units are 3 Bedroom - 1 Bathroom -900 square feet with full kitchens and appliances included. Both units are identical to each other and are in high demand always. Home offers a 9% CAP in a market where people are buying for 6%.
Public Records
Jul 8, 2016
Sold
$140,000
$153/sq ft
Public Records
Aug 16, 2013
Sold
$150,000
$164/sq ft
ARMLS #2170597
Jul 15, 2004
Sold
$175,000
$191/sq ft
Jul 7, 2004
Listed
$175,000
$191/sq ft
ARMLS #2127030
Jun 28, 2004
Sold
$184,885
$202/sq ft
Jun 11, 2004
Listing Removed
—
Apr 6, 2004
Listed
$179,500
$196/sq ft
ARMLS #2127543
Apr 7, 2004
Listed
$175,000
$191/sq ft
Apr 7, 2004
Listing Removed
—
ARMLS #2070392
Feb 11, 2004
Listing Removed
—
Nov 11, 2003
Listed
$175,000
$191/sq ft
Public Records
Sep 8, 1981
Sold
$15,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$981 (+2.6%)
2024
$956 (+2.9%)
2023
$929 (+2.0%)
2022
$910 (−2.0%)
$3,540 + $14,170
$17,710
2021
$929 (+1.2%)
$3,050 + $12,230
$15,280
2020
$917 (+3.3%)
$2,820 + $11,300
$14,120
2019
$888 (+2.8%)
$2,400 + $9,610
$12,010
2018
$864 (+4.9%)
$2,400 + $9,610
$12,010
2017
$823 (+5.1%)
$1,580 + $6,320
$7,900
2016
$783 (+6.2%)
$1,490 + $5,970
$7,460
2015
$737 (+1.9%)
$1,190 + $4,760
$5,950
2014
$723 (+28.9%)
$910 + $3,640
$4,550
2013
$561 (−10.6%)
$690 + $2,770
$3,460
2012
$628 (−23.7%)
$800 + $3,200
$4,000
2011
$823 (−27.9%)
$1,180 + $4,740
$5,920
2010
$1,142 (−22.3%)
$1,800 + $7,210
$9,010
2009
$1,469
$2,640 + $10,570
$13,210
Tax history for 2945 E Chipman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$981 (+2.6%)
2024
$956 (+2.9%)
2023
$929 (+2.0%)
2022
$910 (−2.0%)
$3,540 + $14,170
$17,710
2021
$929 (+1.2%)
$3,050 + $12,230
$15,280
2020
$917 (+3.3%)
$2,820 + $11,300
$14,120
2019
$888 (+2.8%)
$2,400 + $9,610
$12,010
2018
$864 (+4.9%)
$2,400 + $9,610
$12,010
2017
$823 (+5.1%)
$1,580 + $6,320
$7,900
2016
$783 (+6.2%)
$1,490 + $5,970
$7,460
2015
$737 (+1.9%)
$1,190 + $4,760
$5,950
2014
$723 (+28.9%)
$910 + $3,640
$4,550
2013
$561 (−10.6%)
$690 + $2,770
$3,460
2012
$628 (−23.7%)
$800 + $3,200
$4,000
2011
$823 (−27.9%)
$1,180 + $4,740
$5,920
2010
$1,142 (−22.3%)
$1,800 + $7,210
$9,010
2009
$1,469
$2,640 + $10,570
$13,210
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-3
SPVTABDO
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
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
May 8, 1997 • Final
Residential permits
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 3
Heating & Cooling
Air Conditioning Type: Refrigeration
Heating Type: Forced Air
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Exterior Wall: Frame Wood
Building Type: Residential
Property Information
Subdivision Name: WIER ESTATES LTS 11-32, 53-74
Living Sq. Ft: 917
Building Sq. Ft: 917
# of Stories: 2
Legal Description: LOT 54 WIER ESTATES E2 LOT 54
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,496
Legal Lot Number: 54
Municipality Name: PHOENIX
Acres: 0.1721
Zoning Code: R-3
State Use Description: SINGLE FAM RES-URBAN SUBD
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax Area: 661300
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 917
Stories: 2.0
Lot Size: 7,496 square feet
Style: Single Family Residential
Year Built: 2003
Year Renovated: —
County: Maricopa County
APN: 12260031
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Martin Luther King Junior Elementary School
Public PreK-3 • Assigned • 1.0mi
Percy L Julian School
Public K-8 • Assigned • 1.1mi
5/10
South Mountain High School
Public 9-12 • Assigned • 2.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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