$3,503

closing credit¹

2431 E Tracy Ln Unit 2 Phoenix, AZ 85032

$295,000
2 beds
2 baths
952 sqft
0.01 acres
$310 / sqft
Townhouse

Property details

About 2431 E Tracy Ln Unit 2

Invest in Your Future with a Charming Condo in Spanish Hills! Lease info: Tenant Pays $1,995 per month Lease Expiration-3-31-2025 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.

Highlights

Home typeTownhouse
HeatingElectric
StatusActive
Size952 sqft
Lot size0.01 Acres
Year built1984
MLS #6717912

Summary

  • MLS Number: 6717912
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Gerchick Real Estate
  • Office Phone: (602) 688-9279
  • Office Email: linda@justsoldit.com
  • 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© 2025 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: 2/10/2025, 12:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of home with central air condition unit

$295,000

2431 E Tracy Ln Unit 2

$3,503

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 10, 2023
Home Sold
$184,000
Nov 18, 2019
Home Sold
$99,000
Jan 07, 2011
Home Sold
$26,000
Apr 24, 2006
Home Sold
$102,000
Jan 15, 2004
Home Sold
$46,000
Oct 15, 1993
Home Sold
$14,500
Nov 28, 1989
Home Sold
$32,900

Tax history

YearAssessmentProperty Tax
2024$14,620$366
2023$11,060$362
2022$8,550$364
2020$7,420$352
2019$5,560$341
2017$4,230$327

History based on county public records data.

Nearby schools

2

Palomino Intermediate School

Public District 4-6

0.6 mi

15815 N 29th St

2

Palomino Primary School

Public District PK-3

0.6 mi

15833 N 29th St

9

Great Hearts Academies - Archway North Phoenix

Public Charter KG-6

1.2 mi

14100 N 32nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,061. The majority of Phoenix, AZ residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

74%
<35k
26%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

35%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 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 January 2025 more than 128 listings in Phoenix, AZ were sold above the asking price. During the same period more than 242 listings were sold at asking price, while more than 583 were sold below. The number of homes for sale in Phoenix, AZ increased by 12.9% between December and January 2025. While the average time on the market in January 2025 was 74 days, the median list price was $455,485.

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

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