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$315000   Price Analysis
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2431 E Tracy Ln Unit 2
Phoenix, AZ 85032
2 bed 2 bath 952 SqFt ($330/SqFt)
518SqFt lot. Built 1984
Listed 2024-06-12, HOA $235, Taxes $362
Ⓧ USDA Ineligible
due to location

near Phoenix

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 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 and 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 exceptional 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 big walk-in closet. - Outdoor Living: Large outside storage room and a back patio with easy-car 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 and Shopping: Just minutes from Valle Luna, Costco and Desert Ridge. - Outdoor Recreation: Close to the Lookout Mountain Trailhead at P hoenix 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.


Presented by Linda Gerchick at
Gerchick Real Estate.
Listing Agent Photo

Property MLS #6717912 from ArizonaRegionalMLS

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

3/4 Bath Master Bdrm

Cooling Features: Refrigeration
Heating Features: Electric

Fencing: Block

Lot Description: Gravel/Stone Front
Lot Size Acres: 0.0118916
Lot Size Square Feet: 518

Association: Yes
Association Amenities: Management, Rental OK (See Rmks)
Association Fee: 235
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Grounds, Trash, Water
Calculated Total Monthly Association Fees: 235
Association Name: Spanish Hills HOA
Association Phone: 6024962192

Elementary School: Campo Bello Elementary School
High School: Paradise Valley High School
Middle School: Greenway Middle School
School District: Paradise Valley Unified District

Palomino Intermediate School is a public elementary school located approximately 0.6 miles away.
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Greenway Middle School is a public middle school located approximately 0.8 miles away.
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North Canyon High School is a public middle and high school located approximately 2.1 miles away.
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Paridise Mount Christian Pre is a private elementary school located approximately 1.4 miles away.
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Annual Tax Amount: 367
Source Listing Status: Active
County: Maricopa
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
Tax Year: 2023
Source Property Type: Residential
Property Subtype: townhouse
Source Neighborhood: SPANISH HILLS
Ownership Type: Fee Simple
Parcel Number: 214-40-345
Postal Code Plus 4: 3646
Subdivision: SPANISH HILLS
Property Subtype: Townhouse
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6880 + $1720
$8600
$362
2020$5940 + $1480
$7420
$352
2019$4450 + $1110
$5560
$353
2018$3900 + $970
$4870
$341
2017$3390 + $840
$4230
$327
2016$3520 + $880
$4400
$322
2015$2960 + $740
$3700
$298
2014$1760 + $440
$2200
$276
2012$1760 + $440
$2200
$262
2011$1800 + $450
$2250
$213
2009$7240 + $1810
$9050
$610
2008$7240 + $1810
$9050
$573
2007$5240 + $1310
$6550
$479

Listed 2024-06-12
$315000
ArizonaRegionalMLS
Listing removed 2024-01-23
$1250
ArizonaRegionalMLS
Sold 2023-03-10
$184000
Public Record
Listing removed 2023-02-25
$0
ArizonaRegionalMLS
Listed 2023-02-08
$239000
ArizonaRegionalMLS
Listing removed 2021-11-05
$0
ArizonaRegionalMLS
Price Changed 2021-09-02
$209000
ArizonaRegionalMLS
Listed 2021-08-18
$210000
ArizonaRegionalMLS
Sold 2019-11-20
$99000
ArizonaRegionalMLS
Listing removed 2019-09-06
$0
ArizonaRegionalMLS
Price Changed 2019-07-18
$99000
ArizonaRegionalMLS
Relisted 2019-06-24
$105000
ArizonaRegionalMLS
Listing removed 2019-04-27
$0
ArizonaRegionalMLS
Price Changed 2019-04-25
$114000
ArizonaRegionalMLS
Listed 2019-03-22
$119000
ArizonaRegionalMLS
Sold 2011-01-07
$26000
Public Record
Listing removed 2010-12-22
$25500
ArizonaRegionalMLS
Listed 2010-11-23
$25500
ArizonaRegionalMLS
Sold 2006-04-24
$102000
Public Record
Sold 2004-01-15
$46000
Public Record
Sold 1989-11-28
$32900
Public Record
Sold 1985-11-12
$66000
Public Record

Total Square Feet Living: 952
Year Built: 1984
Building Area Source: Assessor
Building Exterior Type: Painted, Stucco, Frame - Wood
Construction Materials: Painted, Stucco, Frame - Wood
Property Age: 40
Roof: Tile, Foam
Levels or Stories: 2
Building Total Stories: 2

Sewer: Public Sewer
Water Source: City Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.