Seller's Agent in 2014
Lester Cox
Real Broker
(480) 726-0400
1 in this area
16 Total Sales
1005 E Commonwealth Place Chandler, AZ 85225
East Chandler NeighborhoodEstimated Value: $431,868 - $971,000
1
Bed
--
Bath
3,142
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Willis Junior High School Rated A-
About This Home
As of March 2014Four-Plex Investment property with great cash flow. PROPERTY IS FULLY RENTED-LONG TERM TENANTS. When owners purchase they installed new dual pane windows in all units, installed new tile floors in all units, and installed new IKEA Kitchens in all units. Property has been managed and well maintained by one of the owners. Units have always been rented since owners purchase. Solid rental area. INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION AND MATERIAL FACTS. Proof of cash funds or financing must be submitted with all offers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,021
Year Built
- Built in 1979
Lot Details
- 8,015
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Rudy G Bologna Elementary School
- Willis Junior High School
- Perry High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 3
- Assessor Parcel Number 303-02-146
Community Details
Overview
- 4 Units
- Building Dimensions are 7993
- S & H Apartments Mcr 1 15 Subdivision
Building Details
- Gross Income $25,245
- Net Operating Income $19,452
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2021
Sold by
Maxfield Melissa Christine
Bought by
Maxfield Jonathan P
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$362,031
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$303,436
Purchase Details
Listed on
Jan 27, 2014
Closed on
Mar 24, 2014
Sold by
Maxfield Jonathan Paul
Bought by
Maxfield Jonathan Paul and Maxfield Melissa Christine
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Ben Arredondo
My Home Group Real Estate
List Price
$195,900
Sold Price
$189,000
Premium/Discount to List
-$6,900
-3.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$141,750
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2010
Sold by
Lott David A
Bought by
Straight Brian W and Straight Nora
Purchase Details
Closed on
Aug 7, 2009
Sold by
Bank Of America National Association
Bought by
Lott David
Purchase Details
Closed on
Feb 4, 2009
Sold by
Steenhard Hendrick C
Bought by
Lasalle Bank National Association
Purchase Details
Closed on
Jan 18, 2008
Sold by
Steenhard Hendrick Christopher
Bought by
Commonwealth Apartments Llc
Purchase Details
Closed on
May 18, 2006
Sold by
Steenhard Properties Llc
Bought by
Steenhard Hendrick C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2003
Sold by
Steenhard Hendrick C
Bought by
Steenhard Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 26, 2001
Sold by
Casanova Michael
Bought by
Steenhard Hendrick C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,335
Interest Rate
6.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2001
Sold by
Casanova Ruth
Bought by
Casanova Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,335
Interest Rate
6.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 1997
Sold by
Wilson Jerry
Bought by
Pung Thay and Pung Sok Eng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 1996
Sold by
Knudsen Arnold C and Knudsen Lynn L
Bought by
Wilson Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
10.99%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maxfield Jonathan P | -- | Empire West Title Agency Llc | |
| Maxfield Jonathan P | -- | Empire West Title | |
| Maxfield Jonathan Paul | -- | Fidelity National Title Agen | |
| Maxfield Jonathan Paul | -- | Fidelity National Title Agen | |
| Maxfield Jonathan Paul | $189,000 | Fidelity National Title Agen | |
| Straight Brian W | -- | None Available | |
| Lott David | $117,000 | Great American Title Agency | |
| Lasalle Bank National Association | $191,920 | Great American Title Agency | |
| Commonwealth Apartments Llc | -- | None Available | |
| Steenhard Hendrick C | -- | Guaranty Title Agency | |
| Steenhard Properties Llc | -- | -- | |
| Steenhard Hendrick C | $158,150 | North American Title Agency | |
| Casanova Michael | -- | North American Title Agency | |
| Casanova Michael | $125,000 | North American Title Agency | |
| Pung Thay | $93,000 | Stewart Title & Trust | |
| Wilson Jerry | $61,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maxfield Jonathan P | $95,000 | |
| Closed | Maxfield Jonathan P | $95,000 | |
| Open | Maxfield Jonathan P | $399,000 | |
| Previous Owner | Maxfield Jonathan Paul | $141,750 | |
| Previous Owner | Steenhard Hendrick C | $308,000 | |
| Previous Owner | Steenhard Hendrick C | $145,000 | |
| Previous Owner | Steenhard Hendrick C | $142,335 | |
| Previous Owner | Pung Thay | $83,700 | |
| Previous Owner | Wilson Jerry | $49,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2014 03/28/14 | Sold | $189,000 | -3.5% | $60 / Sq Ft |
| 02/27/2014 02/27/14 | Pending | -- | -- | -- |
| 01/27/2014 01/27/14 | For Sale | $195,900 | -- | $62 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,518 | $16,500 | -- | -- |
| 2024 | $1,489 | $15,714 | -- | -- |
| 2023 | $1,489 | $55,230 | $11,040 | $44,190 |
| 2022 | $1,442 | $39,250 | $7,850 | $31,400 |
| 2021 | $1,482 | $33,900 | $6,780 | $27,120 |
| 2020 | $1,474 | $30,700 | $6,140 | $24,560 |
| 2019 | $1,422 | $22,960 | $4,590 | $18,370 |
| 2018 | $1,382 | $21,560 | $4,310 | $17,250 |
| 2017 | $1,298 | $17,410 | $3,480 | $13,930 |
| 2016 | $1,254 | $15,050 | $3,010 | $12,040 |
| 2015 | $1,202 | $12,710 | $2,540 | $10,170 |
Source: Public Records
Agents Affiliated with this Home
-
Lester Cox
-
Keith Lasch
K
Seller Co-Listing Agent in 2014
Keith Lasch
Realty Executives
(480) 775-7700
1 in this area
6 Total Sales
-
Ben Arredondo
Buyer's Agent in 2014
Ben Arredondo
My Home Group Real Estate
(480) 206-7077
3 in this area
502 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5060645
APN: 303-02-146
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.
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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