NOT LISTED FOR SALE

1018 W Flint St Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $606,199 - $1,010,000

-- Bed
-- Bath
3,382 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $290,000 $86 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $4,317/month

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Chandler High School Rated A-

About This Home

As of October 2015

Rare investment opportunity in Chandler! All two bedroom units, one with 2 baths! All with washer/dryer hookups! Units are served by SRP - a real tenant pleaser! Individual patios for each unit too! Excellent access to both Loop 101 and 202 make for easy commutes to all the Valley entertainment and employment venues.

Seller chose to under-list in hopes of getting a bidding war started.

The subject property had multiple offers within the 1st few days. All were at or above the asking price. Due to a poor appraisal value the final sales price was lowered.

Buyer to verify all items during the due diligence period. Please do not disturb tenants - DRIVE BY ONLY. INSPECTION ONLY AFTER CONTRACT ACCEPTANCE.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 09/09/2015

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

John Gordon

Coldwell Banker Realty License #BR009377000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1971

Lot Details

  • 9,409

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 302-74-008-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Arrowhead Meadows 1 Subdivision

Building Details

  • Operating Expense $8,286
  • Gross Income $29,925
  • Net Operating Income $21,639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd/Alma School Road
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: North to Flint, West to property or North side of street - 2nd building in from Alma School.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: ARROWHEAD MEADOWS 1
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Block, Slump Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2648.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 302-74-008-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29925.0
  • Insurance Expense: 1116.0
  • Maintenance Expense: 2250.0
  • Property Net Operating Income: 21639.0
  • Annual Operating Expense: 8286.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1522.0
  • Tax Book Number: 302.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Ellis Sean Keoni and Ellis Kori T
Bought by
Ellis Sean Keoni and Ellis Kori T
Current Estimated Value
$765,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Outstanding Balance
$322,982
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$442,818

Purchase Details

Closed on
Jul 13, 2016
Sold by
Ellis Sean Keoni K and Ellis Kori T
Bought by
Ellis Sean Keoni and Ellis Kori T

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 23, 2015
Sold by
Shultz Roger L
Bought by
Ellis Sean Keoni K and Ellis Kori T
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$201,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Daugs Herold D and Wolfe Michael P
Bought by
Shultz Roger L and Shultz Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
6.09%
Mortgage Type
Trade

Purchase Details

Closed on
Feb 20, 2006
Sold by
Js & G Family Lp Llp
Bought by
Daugs Herold D and Wolfe Micheal P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2000
Sold by
Mastroni Joseph and Mastroni Shirley J
Bought by
Js & G Family Ltd Partnership Llp
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
Ellis Sean Keoni -- Driggs Title Agency Inc
Ellis Sean Keoni -- None Available
Ellis Sean Keoni K $287,000 Chicago Title Agency Inc
Shultz Roger L $427,000 Tsa Title Agency
Daugs Herold D $380,000 Capital Title Agency Inc
Js & G Family Ltd Partnership Llp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Sean Keoni $360,500
Closed Ellis Sean Keoni K $201,750
Previous Owner Shultz Roger L $257,000
Previous Owner Daugs Herold D $38,000
Previous Owner Daugs Herold D $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $290,000 +3.9% $86 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $279,000 -- $82 / 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 $1,728 $18,780 -- --
2024 $1,695 $17,885 -- --
2023 $1,695 $65,950 $13,190 $52,760
2022 $1,641 $48,670 $9,730 $38,940
2021 $1,687 $39,700 $7,940 $31,760
2020 $1,678 $33,410 $6,680 $26,730
2019 $1,619 $25,900 $5,180 $20,720
2018 $1,573 $21,680 $4,330 $17,350
2017 $1,478 $21,210 $4,240 $16,970
2016 $1,427 $18,470 $3,690 $14,780
2015 $1,368 $17,470 $3,490 $13,980
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lois Kaipainen

    Income Property Shop

    Section Image
  • John Gordon

    Buyer's Agent in 2015

    John Gordon

    Coldwell Banker Realty

    (602) 319-8509

    148 Total Sales

    John Gordon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5333249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-74-008A

Arizona Maricopa County Chandler 85224 Central Ridge

1018 W Flint St, Chandler, AZ

This home is located at 1018 W Flint St, Chandler, AZ 85224 since 09 September 2015 and is currently estimated at $765,800, approximately $226 per square foot. This property was built in 1971. 1018 W Flint St is a home located in Maricopa County with nearby schools including San Marcos Elementary School, Chandler High School, and Andersen Junior High School.

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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