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1845 W CHIPMAN Road, Phoenix, AZ, 85041

2beds
1baths
1,130sqft
$274,900
$243price/sqft
$1,802/moest. monthly cost
$72,080/yrincome needed

About This Home

Opportunity awaits! This property offers incredible potential for investors, flippers, or buyers looking to create their dream home. Originally a 3-bedroom, 2-bathroom home, it is currently configured with 2 functional bedrooms and 1 functional bathroom. A previous remodel included the installation of a newer A/C unit, providing a solid starting point for the next owner. With the right vision and improvements, this home can shine once again. Conveniently located and priced with its current condition in mind, this is a chance to add value and build equity.

Getting Around

44
WalkingCar-Dependent
44
TransitSome Transit
55
BikeBikeable

Schools

4/10
C J Jorgensen SchoolGrades PK-80.3 mi
3/10
Cesar Chavez High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1952

Materials

  • Roof: Composition
  • Construction materials: Stucco,Painted,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Disposal

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Granite Counters,Eat-in Kitchen,3/4 Bath Master Bdrm
  • Window features: Double Pane Windows
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,130
  • Total interior livable area: 1,130 sqft

Property

Details

  • Parcel number: 10563044
  • Special condition: Short Sale

Features

  • Stories: 1
  • Spa features: None
  • Fencing: Chain Link

Lot

  • Lot size: 0.26 Acres
  • Features: North/South Exposure,Corner Lot,Dirt Back,Gravel/Stone Front

Parking

  • Total spaces: 2
  • Parking features: RV Access/Parking,Side Vehicle Entry
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance $96$1,152
Property Taxes $100$1,200
Electricity $216$2,603
Total$1,802$21,624

Income You'd Need if You Spent...

35% on housing$61,782/yr
40% on housing$54,060/yr
45% on housing$48,053/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 85041$193
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85041$221
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$274,900
2021-07-30Sold$282,000
2021-07-06Pending sale$294,000
2021-06-21Price change$294,000
2021-06-16Listed for sale$309,000
2020-09-30Sold$140,000
2020-09-24Pending sale$149,900
2020-09-13Listed for sale$149,900
2020-09-07Pending sale$149,900
2020-09-01Listed for sale$149,900
2020-08-28Pending sale$149,900
2020-08-19Price change$149,900
2020-08-12Price change$154,900
2020-08-01Listed for sale$159,950
2004-06-23Sold$87,750
2000-02-04Sold$75,000

For Sale by Agent

AgentJason L Penrose
BrokerageeXp Realty

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