5 months on rocket

2431 E Tracy Ln Unit 2, Phoenix, AZ, 85032

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Baths
952 SqFt
$310/SqFt
Townhouse

Location

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2431 E Tracy Ln Unit 2, Phoenix$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1984
HeatingElectric
FireplaceNone
MLS #6717912
Lot Size0.01 Acres
StatusActive

About 2431 E Tracy Ln Unit 2

Invest in Your Future with a Charming Condo in Spanish Hills! **Super Cute 2-Story Condo with Tenant Occupied - Ready for Immediate Investment!** Explore the opportunity to invest in this tastefully updated 2-story condo in the desirable Spanish Hills community. This tenant-occupied property offers modern amenities and a prime location, making it a valuable addition to any investment portfolio. **Features & Upgrades:** - **Modern Upgrades (2019):** Enjoy a newer front door, new security door, stainless steel kitchen appliances, recessed lighting, cordless wood blinds, two-tone paint, modern cabinetry, and dual-flow toilets. - **Spacious Living Area:** A generous great room featuring a breakfast bar and a 1/2 bath on the main floor. - **Tiled Floors Throughout:** Easy maintenance and a clean, sleek look. - **Ceiling Fans:** Keep cool and comfortable throughout the year. - **Convenient Inside Laundry:** Equipped with a washer and dryer for your convenience. - **Master Bedroom:** Includes a spacious walk-in closet. - **Outdoor Living:** Large outside storage room and a back patio with easy-care wood plank flooring. - **Utilities Included:** Water, sewer, and trash are all included in the rent. **Prime Location:** - **Nearby Schools:** Conveniently located near top-rated schools. - **Dining & Shopping:** Just minutes from Valle Luna, Costco, and Desert Ridge. - **Outdoor Recreation:** Close to the Lookout Mountain Trailhead at Phoenix Mountains Preserve. - **Easy Commute:** Quick access to Loop 101 and Highway 51. **Investment Opportunity:** This charming condo is tenant-occupied, providing immediate rental income. The property is ideal for investors looking for a reliable income stream with a well-maintained home in a sought-after location. **Don't Miss Out!** Invest in a property that combines comfort, convenience, and location. With all the essential updates and amenities, this home is a smart addition to your real estate investments. **Buyer to Verify All Facts and Figures.** Secure your investment in Spanish Hills and watch your portfolio grow.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 952 SqFt

Listing Office:

  • Office Name: Gerchick Real Estate
  • Office Phone: (602) 688-9279
  • Listing Agent: Linda S Gerchick

Interior Features

Interior Information:

  • Interior: 3/4 Bath Master Bdrm
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: West on Greenway to N 25th St, Turn west to Tracy Lane turn into Cul-De-Sac Property is on the south side of the street

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $310/SqFt

HOA Fees:

  • Amount: $235
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $364
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2431 E Tracy Ln Unit 2 vs Phoenix

164 DAYS ON ROCKET

+102 Days

$295,000

-$155.9K Less

$310/SqFt

+$25 More

KEY TAKEAWAY

This property is $155.9K less than the Median Sold Price and $25/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6717912

Listing Office:

  • Office Name: Gerchick Real Estate
  • Office Phone: (602) 688-9279
  • Listing Agent: Linda S Gerchick

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 2019Home Sold
$99,000
Jan 07, 2011Home Sold
$26,000
Apr 24, 2006Home Sold
$102,000
Jan 15, 2004Home Sold
$46,000
Oct 15, 1993Home Sold
$14,500
Nov 28, 1989Home Sold
$32,900

Tax History

YEARPROP. TAXASSESSMENT
2021$364$8,600
2020$352$7,420
2019$341$5,560
2017$328$4,230

History based on county public records data.

Payment Calculator

$1,775

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-828829
2
/10

  • Palomino Intermediate School

  • 15815 N 29th St

  • 0.62 miles

  • Public District Grades 4-6

school-card-donut-828830
2
/10

  • Palomino Primary School

  • 15833 N 29th St

  • 0.63 miles

  • Public District Grades PK-3

school-card-donut-828831
9
/10

  • Great Hearts Academies - Archway North Phoenix

  • 14100 N 32nd St

  • 1.25 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,061. Typical income of Phoenix, AZ residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2431 E Tracy Ln Unit 2

What is the listing price of this property?

The listing price of 2431 E Tracy Ln Unit 2 property is $295,000.

What type of property is this?

The property 2431 E Tracy Ln Unit 2 is a townhouse located in Phoenix, Arizona, 85032.

Is this property for sale now?

Active Listing: 2431 E Tracy Ln Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $364 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 18, 2019 for $99,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2431 E Tracy Ln Unit 2 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2431 E Tracy Ln Unit 2 is 952 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2431 E Tracy Ln Unit 2 is 1984.

Rocket Homes›Arizona›Maricopa County›Phoenix›85032›2431 E Tracy Ln Unit 2

This home is located at 2431 E Tracy Ln Unit 2 in Phoenix, AZ and zip code 85032 in the Paradise Valley Village neighborhood. This 952 square foot home, which was built in 1984, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $295,000.

In October 2024 more than 250 listings in Phoenix, AZ were sold above the asking price. During the same period more than 344 listings were sold at asking price, while more than 697 were sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. In October 2024 median list price was $450,977 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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