R. Chris Reece
Good Oak Real Estate
(623) 663-4503
127 Total Sales
6 in East Chandler
$470K - $795K Price Range
1008 E Commonwealth Place Chandler, AZ 85225
East Chandler NeighborhoodEstimated Value: $675,303
Studio
--
Baths
3,142
Sq Ft
$215/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
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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
Maxfield Melissa C
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
$275,303
Avg. Annual Appreciation
7.13%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 4, 2019
Closed on
Feb 4, 2019
Sold by
Pippin Todd Jon and Pippin Ruth M
Bought by
Maxfield Jonathan
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
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2017
Sold by
Pippin Ruth Marie and Pippin Todd Jon
Bought by
Pippin Todd Jon and Pippin Ruth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 26, 2015
Sold by
Elevation Zero Llc
Bought by
Pippin Todd Jon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
3.57%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 25, 2013
Sold by
Pippin Todd
Bought by
Elevation Zero Llc
Purchase Details
Closed on
Jan 7, 2013
Sold by
Pippin Judy
Bought by
Pippin Todd
Purchase Details
Listed on
Aug 7, 2012
Closed on
Aug 14, 2012
Sold by
Shera Reza
Bought by
Pippin Judy
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
11.24%
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
Taylored Properties Taylored For You Llc and Taylor Sean W
Bought by
Caffery 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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Chandler, AZ
-
R. Chris Reece
-
Skyler Keyser
Skyler Keyser
Responds QuicklyThe Agency
(623) 777-2928
125 Total Sales
1 in East Chandler
$490,000 Price
-
Kim Panozzo
Kim Panozzo
HomeSmart
(623) 888-8019
880 Total Sales
2 in East Chandler
$600K - $700K Price Range
-
Kimberly Peterson
Kimberly Peterson
Coldwell Banker Realty
(913) 386-5646
61 Total Sales
1 in East Chandler
$536,500 Price
-
Pat Monahan
Pat Monahan
Citiea
(888) 614-7731
127 Total Sales
5 in East Chandler
$352K - $655K Price Range
-
Ashley Guyette
Ashley Guyette
The Agency
(623) 295-2156
22 Total Sales
1 in East Chandler
$675,000 Price
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 | ||
| Maxfield Jonathan | $400,000 | Lawyers Title Of Arizona Inc | |
| Pippin Todd Jon | -- | Security Title Agency | |
| Pippin Todd Jon | -- | None Available | |
| Elevation Zero Llc | -- | None Available | |
| Pippin Todd | -- | None Available | |
| Pippin Judy | $150,700 | First American Title Ins Co | |
| Sci Defined Benefit Plan | $128,100 | Accommodation | |
| Caffery Bryan | $425,000 | North American Title Co | |
| Caffrey Bryan | -- | 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
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 |
|---|---|---|---|
| Closed | $100,000 | ||
| Open | Maxfield Jonathan Paul | $392,000 | |
| Closed | Maxfield Jonathan | $400,000 | |
| Previous Owner | Pippin Todd | $245,000 | |
| Previous Owner | Pippin Todd Jon | $68,000 | |
| Previous Owner | Pippin Todd Jon | $286,000 | |
| Previous Owner | Pippin Todd Jon | $83,300 | |
| Previous Owner | Caffrey Bryan | $276,250 | |
| Previous Owner | Taylored Properties Taylored For You Llc | $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
Seller's Agent in 2019
Ben Arredondo
My Home Group Real Estate
(480) 206-7077
3 in this area
413 Total Sales
-
Todd Pippin
TP
Seller Co-Listing Agent in 2019
Todd Pippin
My Home Group
(480) 544-4686
51 Total Sales
-
BA
Buyer Co-Listing Agent in 2019
Benjamin Arredondo
DPR Realty
-
Steve Fowler
Seller's Agent in 2012
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
(602) 430-5843
40 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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