2.25% ASSUMABLE Interest Rate!!!!! Gorgeous remodeled home in South Phoenix with a functional floor plan and generous lot size. Kitchen offers ample cabinet space and the bedrooms are comfortably sized. Convenient location near shopping, dining, schools, and freeway access for easy commuting.
Property is zoned multi-family, offering additional income potential. Great opportunity for homeowners or investors.
For sale
$335,000
2535 E Southgate Avenue, Phoenix, AZ 85040
3beds
1,208sqft
Est.:
Single Family Residence
Built in 1945
7,875 Square Feet Lot
$-- Zestimate®
$277/sqft
$-- HOA
What's special
Functional floor planGorgeous remodeled homeGenerous lot sizeBedrooms are comfortably sized
- 36 days |
- 843 |
- 63 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 22, 2026 at 07:55pm
Listed by:
Magda Jael Valdez 480-622-2024,
Keller Williams Realty Phoenix,
Carlie Tomaszewski 480-442-1442,
Keller Williams Realty Phoenix
Source: ARMLS,MLS#: 6990475

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- ENERGY STAR Qualified Equipment, Electric
Cooling
- HVAC SEER Rating, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range
- Laundry: Engy Star (See Rmks)
Features
- High Speed Internet, Granite Counters, Master Downstairs, No Interior Steps, 3/4 Bath Master Bdrm
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl Frame
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,208
- Total interior livable area: 1,208 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Yard
- Spa features: None
- Fencing: Block,Chain Link
- Waterfront features: Wash
Lot
- Size: 7,875 Square Feet
- Features: North/South Exposure, Alley, Dirt Back, Gravel/Stone Front
Details
- Parcel number: 12221126
- Special conditions: Pre-Foreclosure,Owner/Agent
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1945
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Phone Available, Sewer Available
Green energy
- Energy efficient items: ENERGY STAR Light Fixture
Community & HOA
Community
- Features: Near Bus Stop
- Subdivision: Peila Homes
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $201,300
- Annual tax amount: $1,380
- Date on market: 2/26/2026
- Cumulative days on market: 36 days
- Listing terms: Owner May Carry,Cash,Conventional,1031 Exchange,FHA,Lease Option,Lease Purchase,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Listed for sale | $335,000+8.8%$277/sqft |
Source: | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/11/2024 | Price change | $1,900-5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2024 | Price change | $2,000-11.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2024 | Price change | $2,250-6.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2023 | Listed for rent | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listed for rent | $2,400-4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/7/2023 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/14/2023 | Listed for rent | $2,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2022 | Sold | $308,000+0%$255/sqft |
Source: | ||
| 1/24/2022 | Pending sale | $307,999$255/sqft |
Source: | ||
| 1/24/2022 | Listed for sale | $307,999$255/sqft |
Source: | ||
| 1/17/2022 | Pending sale | $307,999$255/sqft |
Source: | ||
| 1/5/2022 | Pending sale | $307,999$255/sqft |
Source: | ||
| 1/5/2022 | Listed for sale | $307,999$255/sqft |
Source: | ||
| 12/29/2021 | Pending sale | $307,999$255/sqft |
Source: | ||
| 12/29/2021 | Listed for sale | $307,999$255/sqft |
Source: | ||
| 12/21/2021 | Pending sale | $307,999$255/sqft |
Source: | ||
| 12/21/2021 | Listed for sale | $307,999$255/sqft |
Source: | ||
| 12/11/2021 | Pending sale | $307,999$255/sqft |
Source: | ||
| 12/11/2021 | Listed for sale | $307,999$255/sqft |
Source: | ||
| 12/6/2021 | Pending sale | $307,999$255/sqft |
Source: | ||
| 12/6/2021 | Listed for sale | $307,999+108.8%$255/sqft |
Source: | ||
| 8/6/2021 | Sold | $147,500+728.7%$122/sqft |
Source: Public Record Report a problem | ||
| 12/13/2011 | Sold | $17,800-76.2%$15/sqft |
Source: Public Record Report a problem | ||
| 5/24/2003 | Sold | $74,900+102.4%$62/sqft |
Source: | ||
| 12/24/2002 | Sold | $37,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,380 +2.6% | $20,130 -5.3% |
| 2024 | $1,344 +2.9% | $21,260 +156.1% |
| 2023 | $1,306 +14.1% | $8,301 -29.7% |
| 2022 | $1,144 +339.7% | $11,800 +49% |
| 2021 | $260 +3.4% | $7,920 +16.1% |
| 2020 | $252 +2.7% | $6,820 +28.4% |
| 2019 | $245 | $5,310 +28.9% |
| 2018 | $245 +5% | $4,120 +41.6% |
| 2017 | $234 +11.7% | $2,910 +17.3% |
| 2016 | $209 -2.8% | $2,480 +29.2% |
| 2015 | $215 | $1,920 +30.6% |
| 2014 | -- | $1,470 +54.7% |
| 2013 | -- | $950 -13.6% |
| 2012 | -- | $1,100 -63.7% |
| 2011 | -- | $3,030 -29.2% |
| 2010 | -- | $4,280 -43.8% |
| 2009 | -- | $7,620 -10.9% |
| 2008 | -- | $8,550 +27.6% |
| 2007 | -- | $6,700 +48.9% |
| 2006 | -- | $4,500 |
| 2005 | -- | $4,500 +130.8% |
| 2004 | -- | $1,950 |
| 2003 | -- | $1,950 |
| 2002 | -- | $1,950 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,768/mo
Principal & interest
$1654
Property taxes
$114
More affordability tools
Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- NAMartin Luther King Jr Elementary SchoolGrades: PK-3Distance: 0.5 mi
- 5/10Percy L Julian SchoolGrades: 4-8Distance: 0.7 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Cesar E Chavez Community School
- Middle: Cesar E Chavez Community School
- High: South Mountain High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85040
- Arizona
- Maricopa County
- Phoenix
- 85040
- South Mountain
- 2535 E Southgate Avenue



