NOT LISTED FOR SALE

1006 E Commonwealth Place Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $547,169 - $960,000

1 Bed
-- Bath
3,142 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $310,000 $99 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,005/month

27 Days on Market

Highlights

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

About This Home

As of November 2017

Investment opportunity!! Tenants in place and leases available. ($625/month) - 3 new AC units (2016), new windows (2013) kitchen cabinets (2009). **Other units in complex renting for $675** Individually metered, NO HOA.

Last Agent to Sell the Property

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 09/11/2017

My Home Group Real Estate

Co-Listed By

Todd Pippin

My Home Group Real Estate License #SA658919000

Last Buyer's Agent

Cathy Abramson

Visionary Properties License #SA520883000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1979

Lot Details

  • 8,668

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

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 12
  • Assessor Parcel Number 303-02-155

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8673
  • S & H Apartments Subdivision

Building Details

  • Operating Expense $13,127
  • Gross Income $24,528
  • Net Operating Income $12,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,267

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd & Mcqueen
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H MF- 2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2016
  • Directions: Chandler Blvd & Mcqueen Directions: South on Mcqueen to Commonwealth Place, East on Commomwealth Place to property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3300.0
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: S & H Apartments
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • 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:_greater_1 Space Per Unit: Yes
  • 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

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1270.0
  • Annual Water Sewer Expense: 1530.0

Schools

  • Elementary School: Rudy G Bologna Elementary
  • High School: Perry High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 8673
  • Additional Parcels: No
  • Parcel #: 303-02-155

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24528.0
  • Insurance Expense: 885.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 12668.0
  • Annual Operating Expense: 13127.0

Tax Info

  • Tax Annual Amount: 1267.0
  • Tax Book Number: 303.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 14, 2017
Sold by
Thomason John Loren and Thomason Martha Mckay
Bought by
Rumi Ashraf and Sultana Chand
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Cathy Abramson
Visionary Properties
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Current Estimated Value
$711,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,542
Avg. Annual Appreciation
11.27%
Original Mortgage
$232,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Apr 18, 2014
Sold by
Hansen David and Hansen Catherine
Bought by
Thomason John Loren and Thomason Martha Mckay
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Ben Arredondo
My Home Group Real Estate
List Price
$182,500
Sold Price
$184,500
Premium/Discount to List
$2,000
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%
Original Mortgage
$138,375
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Buy2sell Llc
Bought by
Hansen David and Hansen Catherine

Purchase Details

Closed on
Mar 30, 2010
Sold by
Caffrey Bryan
Bought by
Buy2sell Llc

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
Not Available
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
Rumi Ashraf $310,000 Clear Title Agency Of Arizon
Thomason John Loren $184,500 Chicago Title Agency
Hansen David $119,900 Fidelity Natl Title Ins Co
Buy2sell Llc $92,000 Fidelity National Title
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
Open Rumi Ashraf $226,500
Closed Rumi Ashraf $226,500
Closed Rumi Ashraf $232,500
Previous Owner Thomason John Loren $138,375
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
11/16/2017 11/16/17 Sold $310,000 -5.5% $99 / Sq Ft
09/29/2017 09/29/17 Price Changed $328,000 -0.3% $104 / Sq Ft
09/20/2017 09/20/17 Price Changed $329,000 -0.3% $105 / Sq Ft
09/11/2017 09/11/17 For Sale $330,000 +78.9% $105 / Sq Ft
04/22/2014 04/22/14 Sold $184,500 +1.1% $59 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $182,500 -- $58 / 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 $21,710 $4,340 $17,370
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

  • Ben Arredondo

    Seller's Agent in 2017

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    3 in this area

    500 Total Sales

    Ben Arredondo
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Todd Pippin

    My Home Group

    (480) 544-4686

    44 Total Sales

    Todd Pippin
    Section Image
  • Cathy Abramson

    Buyer's Agent in 2017

    Cathy Abramson

    Visionary Properties

    (480) 332-2588

    1 in this area

    39 Total Sales

    Cathy Abramson
    Section Image
  • Lester Cox

    Seller's Agent in 2014

    Lester Cox

    Real Broker

    (480) 726-0400

    1 in this area

    16 Total Sales

    Lester Cox
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Keith Lasch

    Fathom Realty Elite

    (480) 775-7700

    Keith Lasch
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5658701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-02-155

Arizona Maricopa County Chandler 85225 East Chandler

1006 E Commonwealth Place, Chandler, AZ

This home is located at 1006 E Commonwealth Place, Chandler, AZ 85225 since 11 September 2017 and is currently estimated at $711,542, approximately $226 per square foot. This property was built in 1979. 1006 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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