
Phoenix, AZ 85040
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $255,000—positioned well below the $255,273 Fair Market Value by 0.11%. Featuring a Condition Rating of 3, the home offers modern upgrades including a Granite Kitchen, newer roof, and newer HVAC system. With no HOA fees and a fully fenced lot, this property provides a low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home near local schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1010 E CHIPMAN Road Subject | $255,000* List Price | 2 | 1 | 736 | $347 | - |
A 1009 E CHIPMAN Road Active | $299,900 List Price | 2 | 1 | 800 | $375 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1962, the property has undergone significant renovations that make it move-in ready. The kitchen is upgraded with granite countertops and wood cabinetry, and the interior features consistent tile flooring. Crucially, the listing notes a newer roof and newer HVAC system, addressing major mechanical concerns and placing it within the 5-15 year renovation window for a 'Good' rating.
The property features a newer roof and a newer HVAC system, providing significant peace of mind and reducing the likelihood of high-ticket maintenance costs in the near future.
The kitchen has been tastefully upgraded with granite countertops and generous wood cabinetry, offering a contemporary feel that is rare at this price point.
With zero association fees and a fully fenced lot, the property offers both financial savings and a level of privacy and autonomy highly valued by homeowners.
At only 736 square feet, the living space is quite limited, which may pose challenges for furniture placement and storage for growing households.
The 2-bedroom, 1-bathroom layout can be a drawback for families or those who frequently host guests, potentially impacting the home's long-term resale appeal.
Welcome to this updated 2-bedroom, 1-bath home situated on a fully fenced lot in Phoenix! Inside, you'll find easy-care tile flooring, a comfortable living area, and an upgraded kitchen featuring granite countertops, generous wood cabinetry, and built-in appliances. Both bedrooms offer comfortable living space, while the covered patio provides a great place to relax or entertain. Additional highlights include covered parking, an attached storage shed, a newer roof, and a newer HVAC system. Conveniently located near schools, parks, shopping, and public transportation. A great opportunity see it today!
No exterior & parking available.
Grades K-8 • 0.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 736 | - |
| Lot Size | 3,939 | - |
| Price | $255.0K | $495.4K |
| Price per sq ft | $346 | $290 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 14, 2026
$255,000
Initial Listing