NOT LISTED FOR SALE

1004 E Commonwealth Place Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $577,335 - $972,000

4 Beds
-- Bath
3,142 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $285,000 $91 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,116/month

4 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Willis Junior High School Rated A-

About This Home

As of April 2016

3 NEW A/C UNITS!!, BEST 4PLEX ON THE BLOCK, NO HOA,NEW ROOF, NEW PAINT. ALL UNITS ARE RENTED TO LONG TIME TENANTS FOR MANY YEARS, SO THE RENT IS BELOW MARKET, IT CAN BE RAISED IF THE BUYER CHOSE TO DO SO. ALL TWO BEDROOMS UNITS, DOWNTOWN CHANDLER IS GROWING. INTERIOR INSPECTION ONLY WITH ACCEPTED OFFER AND ESCROW HAS BEEN OPENED.

Last Agent to Sell the Property

Tom Chin

HomeSmart License #SA588263000 Listed on: 03/01/2016

Last Buyer's Agent

Melissa Dus

HomeSmart License #SA552466000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1979

Lot Details

  • 8,668

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 303-02-156

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8668
  • S&H Apartments Subdivision

Building Details

  • Operating Expense $4,264
  • Gross Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Mcqueen/Chandler Blvd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2015
  • Directions: SOUTH ON MCQUEEN, EAST ON COMMONWEALTH TO PROPERTY ON THE NORTH SIDE OF THE STREET
  • Road Surface Type: Asphalt
  • Subdivision Name: S&H APARTMENTS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 850.0
  • Annual Water Sewer Expense: 1100.0

Lot Info

  • Lot Size: 8668
  • Additional Parcels: No
  • Parcel #: 303-02-156

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26100.0
  • Insurance Expense: 1100.0
  • Annual Operating Expense: 4264.0

Tax Info

  • Tax Annual Amount: 1214.0
  • Tax Book Number: 303.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Newton Cary Gene
Bought by
Newcham 123 Llc
Current Estimated Value
$713,834

Purchase Details

Listed on
Mar 1, 2016
Closed on
Mar 23, 2016
Sold by
Chin Tom
Bought by
Newton Cary Gene
Seller's Agent
Tom Chin
HomeSmart
Buyer's Agent
Melissa Dus
HomeSmart
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$213,125
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2014
Closed on
Jan 25, 2015
Sold by
Yu Beibei
Bought by
Chin Tom
Seller's Agent
Robert Passariello
Realty Executives
Buyer's Agent
Tom Chin
HomeSmart
List Price
$214,900
Sold Price
$206,000
Premium/Discount to List
-$8,900
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Sep 8, 2009
Sold by
Sci Defined Benefit Plan
Bought by
Fashandi Family Trust

Purchase Details

Closed on
Aug 26, 2009
Sold by
Caffrey Bryan
Bought by
Sci Defined Benefit Plan

Purchase Details

Closed on
Apr 12, 2006
Sold by
Caffrey Kristin
Bought by
Caffrey Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Caffrey Bryan J
Bought by
Taylored Properties Taylored For You Llc and Taylor Sean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,197,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
S & M Investment Properties Inc
Bought by
Caffrey Bryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,197,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1994
Sold by
Mavity Michael D and Mavity Suzanne
Bought by
S & M Investment Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Newcham 123 Llc -- None Listed On Document
Newton Cary Gene $285,000 First Arizona Title Agency
Chin Tom -- Security Title Agency
Chin Tom $206,000 Security Title Agency
Fashandi Family Trust -- None Available
Sci Defined Benefit Plan $127,100 None Available
Caffrey Bryan -- North American Title Co
Caffery Bryan $425,000 North American Title Co
Taylored Properties Taylored For You Llc $1,500,000 First Financial Title Agency
Caffrey Bryan J $1,260,000 First Financial Title Agency
S & M Investment Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Cary Gene $209,200
Previous Owner Newton Cary Gene $209,200
Previous Owner Newton Cary Gene $213,125
Previous Owner Caffrey Bryan $276,250
Previous Owner Taylored Properties Taylored For You Llc $1,197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2016 04/07/16 Sold $285,000 +3.6% $91 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $275,000 +33.5% $88 / Sq Ft
01/29/2015 01/29/15 Sold $206,000 -4.1% $66 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $214,900 -- $68 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,534 $16,669 -- --
2024 $1,504 $15,875 -- --
2023 $1,504 $55,730 $11,140 $44,590
2022 $1,457 $39,580 $7,910 $31,670
2021 $1,497 $34,280 $6,850 $27,430
2020 $1,489 $31,050 $6,210 $24,840
2019 $1,437 $23,130 $4,620 $18,510
2018 $1,396 $21,700 $4,340 $17,360
2017 $1,311 $17,510 $3,500 $14,010
2016 $1,267 $15,180 $3,030 $12,150
2015 $1,215 $12,800 $2,560 $10,240
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tom Chin

    HomeSmart

  • M

    Buyer's Agent in 2016

    Melissa Dus

    HomeSmart

    (480) 287-5200

    2 Total Sales

    Melissa Dus
    Section Image
  • Robert Passariello

    Seller's Agent in 2015

    Robert Passariello

    Realty Executives

    (480) 998-0676

    12 Total Sales

    Robert Passariello
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5405802

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-02-156

Arizona Maricopa County Chandler 85225 East Chandler

1004 E Commonwealth Place, Chandler, AZ

This home is located at 1004 E Commonwealth Place, Chandler, AZ 85225 since 01 March 2016 and is currently estimated at $713,834, approximately $227 per square foot. This property was built in 1979. 1004 E Commonwealth Place is a home located in Maricopa County with nearby schools including Rudy G Bologna Elementary School, Willis Junior High School, and Champion Schools Chandler.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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