Seller's Agent in 2019
Ben Arredondo
My Home Group Real Estate
(480) 206-7077
3 in this area
435 Total Sales
1008 E Commonwealth Place Chandler, AZ 85225
East Chandler NeighborhoodEstimated Value: $652,134 - $776,000
Studio
--
Bath
3,142
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heat Pump System
- Willis Junior High School Rated A-
About This Home
As of February 20198% CAP RATE!!! This property has everything you're looking for! Located less than a mile from downtown Chandler, great rental area. Major upgrades: all 4 AC units, new roof, & dual pane windows installed just 2yrs ago. 3 new toilets installed and 1 new water heater in the past month. New vinyl plank flooring installed last month in 3 units. Kitchens were remodeled 8yrs ago. Rents are excellent w/ low utility costs and still room to raise rents on 2 units! Units are 2bd/1bth, & washer/dryer hookups. Owner only responsible for Refrigerators & Stoves. Individually metered for electric. Excellent low maintenance property & tenants in place with no pets. Best property on this street, the only 1 with NO shared parking or dumpster!
Last Agent to Sell the Property
My Home Group Real Estate License #SA556873000 Listed on: 01/04/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,402
Year Built
- Built in 1979
Lot Details
- 8,930
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
- Paved Parking
- On-Street Parking
- Assigned Parking
Schools
- Rudy G Bologna Elementary School
- Willis Junior High School
- Perry High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 11
- Assessor Parcel Number 303-02-154
Community Details
Overview
- 4 Units
- Building Dimensions are 128 X 69
- S & H Apartments Lot 1 15 Subdivision
Building Details
- Operating Expense $5,611
- Net Operating Income $27,816
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
Listed on
Jan 4, 2019
Closed on
Feb 12, 2019
Sold by
Bought by
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Todd Pippin
My Home Group Real Estate
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,534
Avg. Annual Appreciation
8.50%
Original Mortgage
$400,000
Outstanding Balance
$351,672
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$376,862
Purchase Details
Listed on
Jan 4, 2019
Closed on
Feb 4, 2019
Sold by
Bought by
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Todd Pippin
My Home Group Real Estate
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$351,672
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$376,862
Purchase Details
Closed on
Apr 19, 2017
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
$286,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2015
Sold by
Bought by
Purchase Details
Closed on
Mar 25, 2013
Sold by
Bought by
Purchase Details
Closed on
Jan 7, 2013
Sold by
Bought by
Purchase Details
Listed on
Aug 7, 2012
Closed on
Aug 14, 2012
Sold by
Bought by
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ben Arredondo
My Home Group Real Estate
List Price
$149,700
Sold Price
$150,700
Premium/Discount to List
$1,000
0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Purchase Details
Closed on
Aug 26, 2009
Sold by
Bought by
Purchase Details
Closed on
Apr 12, 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
$276,250
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 2005
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
$1,197,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2005
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
$1,197,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Lawyers Title Of Arizona Inc | ||
| $400,000 | Lawyers Title Of Arizona Inc | ||
| -- | Security Title Agency | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $150,700 | First American Title Ins Co | ||
| $128,100 | Accommodation | ||
| -- | North American Title Co | ||
| $425,000 | North American Title Co | ||
| $1,500,000 | First Financial Title Agency | ||
| $1,260,000 | First Financial Title Agency | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | $286,000 | ||
| Previous Owner | $276,250 | ||
| Previous Owner | $1,197,000 |
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 |
|---|---|---|---|---|---|
| 02/13/2019 02/13/19 | Sold | $400,000 | -3.6% | $127 / Sq Ft | |
| 01/04/2019 01/04/19 | For Sale | $415,000 | +175.4% | $132 / Sq Ft | |
| 08/22/2012 08/22/12 | Sold | $150,700 | +0.7% | $48 / Sq Ft | View Prior Sale |
| 08/08/2012 08/08/12 | Pending | -- | -- | -- | |
| 08/07/2012 08/07/12 | For Sale | $149,700 | -- | $48 / 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 | $1,566 | $16,744 | -- | -- |
| 2024 | $1,511 | $15,947 | -- | -- |
| 2023 | $1,511 | $55,920 | $11,180 | $44,740 |
| 2022 | $1,463 | $39,720 | $7,940 | $31,780 |
| 2021 | $1,504 | $34,430 | $6,880 | $27,550 |
| 2020 | $1,496 | $31,180 | $6,230 | $24,950 |
| 2019 | $1,443 | $23,210 | $4,640 | $18,570 |
| 2018 | $1,402 | $21,760 | $4,350 | $17,410 |
| 2017 | $1,317 | $17,550 | $3,510 | $14,040 |
| 2016 | $1,273 | $15,230 | $3,040 | $12,190 |
| 2015 | $1,220 | $12,830 | $2,560 | $10,270 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Arredondo
-
Todd Pippin
T
Seller Co-Listing Agent in 2019
Todd Pippin
My Home Group
(480) 544-4686
50 Total Sales
-
Steve Fowler
Seller's Agent in 2012
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
(602) 430-5843
44 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5863267
APN: 303-02-154
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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