NOT LISTED FOR SALE

1007 E Commonwealth Place Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $739,351 - $838,000

4 Beds
-- Bath
3,142 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2022

Last sale price $720,000 $229 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,357 / mo

1 Day on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heat Pump System
  • Willis Junior High School Rated A-

About This Home

As of January 2022

Great investment opportunity! Easy to rent 4-plex with convenient location. All units are 2 bedroom/1 bathroom and are currently leased. Drive by only. Please do not walk the property or disturb the tenants.

Last Agent to Sell the Property

Joyce Lynch

Russ Lyon Sotheby's International Realty License #SA648858000 Listed on: 12/01/2021

Russ Lyon Sotheby's International Realty

Co-Listed By

Shane Ashcraft

Russ Lyon Sotheby's International Realty License #SA549953000

Last Buyer's Agent

John McKeon

Better Homes & Gardens Real Estate SJ Fowler License #SA639978000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1979

Lot Details

  • 8,015

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Rudy G Bologna Elementary School
  • Willis Junior High School
  • Perry High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 303-02-147

Community Details

Overview

  • 4 Units
  • Building Dimensions are 125 x 64
  • S & H Apartments Subdivision

Building Details

  • Operating Expense $4,516
  • Net Operating Income $28,166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Year Built

Built in 1979

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Cross Street: Chandler Blvd & Mcqueen
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H / MF-2
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: S & H APARTMENTS
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 1284.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Elementary School: Rudy G Bologna Elementary
  • High School: Perry High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 125 x 64
  • Additional Parcels: No
  • Parcel #: 303-02-147

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 750.0
  • Property Net Operating Income: 28166.0
  • Annual Operating Expense: 4516.0

Tax Info

  • Tax Annual Amount: 1482.0
  • Tax Book Number: 303.00
  • Tax Lot: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Bought by
Current Estimated Value
$780,588

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 23, 2021
Sold by
Bought by
Seller's Agent
Joyce Lynch
Russ Lyon Sotheby's International Realty
Buyer's Agent
John McKeon
Better Homes & Gardens Real Estate SJ Fowler
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$576,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2018
Sold by
Bought by

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 19, 2017
Sold by
Bought by
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Merle Anderson
RealtyONEGroup Mountain Desert
List Price
$334,000
Sold Price
$328,000
Premium/Discount to List
-$6,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2012
Closed on
Jan 15, 2013
Sold by
Bought by
Seller's Agent
Richard Kopp
Richard Lee Kopp Jr
Buyer's Agent
Michael Wood
West USA Realty
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$120,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2012
Closed on
Dec 20, 2012
Sold by
Bought by
Seller's Agent
Richard Kopp
Richard Lee Kopp Jr
Buyer's Agent
Michael Wood
West USA Realty
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,099
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,099
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,284
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2008
Sold by
Bought by

Purchase Details

Closed on
May 18, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,612
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1998
Sold by
Bought by

Purchase Details

Closed on
May 15, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$720,000 Great American Title
$720,000 Great American Title
-- Accommodation
$328,000 American Title Service Agenc
$190,000 Chicago Title Agency Inc
-- Chicago Title Agency Inc
-- None Available
$160,000 Clear Title Agency Of Arizon
-- Pioneer Title Agency Inc
-- None Available
-- None Available
$113,000 The Talon Group
$327,547 None Available
-- None Available
-- Guaranty Title Agency
-- --
$158,150 North American Title Agency
-- Capital Title Agency
-- Capital Title Agency
$103,000 North American Title Agency
-- North American Title Agency
-- North American Title Agency
-- --
-- --
-- Stewart Title & Trust
$83,800 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $576,000
Previous Owner $142,500
Previous Owner $120,000
Previous Owner $145,099
Previous Owner $145,284
Previous Owner $308,000
Previous Owner $118,612
Previous Owner $92,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $720,000 0.0% $229 / Sq Ft
12/01/2021 12/01/21 For Sale $720,000 +119.5% $229 / Sq Ft
11/17/2017 11/17/17 Sold $328,000 -1.8% $104 / Sq Ft View Prior Sale
10/27/2017 10/27/17 For Sale $334,000 0.0% $106 / Sq Ft
10/27/2017 10/27/17 Price Changed $334,000 0.0% $106 / Sq Ft
09/20/2017 09/20/17 Price Changed $334,000 -0.3% $106 / Sq Ft
09/11/2017 09/11/17 For Sale $335,000 +109.4% $107 / Sq Ft
12/27/2012 12/27/12 Sold $160,000 -5.3% $51 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $169,000 -- $54 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,543 $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 $33,910 $6,780 $27,130
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6326801

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-02-147

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