NOT LISTED FOR SALE

1050 E Pecos Rd Unit STE.A22 Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $14,514,437

-- Bed
-- Bath
80,926 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 1050 E Pecos Rd Unit STE.A22, Chandler, AZ 85225 and is currently estimated at $14,514,437, approximately $179 per square foot. 1050 E Pecos Rd Unit STE.A22 is a home located in Maricopa County with nearby schools including Rudy G Bologna Elementary School, Willis Junior High School, and Champion Schools Chandler.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Schneider Alan and Schneider Sherie
Bought by
Gill Hotels Llc
Current Estimated Value
$14,514,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Outstanding Balance
$4,328,496
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$10,185,941

Purchase Details

Closed on
Aug 31, 2017
Sold by
Hamstra Square Investors L L C
Bought by
Schneider Alan and Schneider Sherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,615,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2013
Sold by
U S Bank National Association
Bought by
Hamstra Square Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2011
Sold by
Hirani Properties Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 18, 2007
Sold by
Arizona Venture Property Llc
Bought by
Visione Hamstra Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Arizona Hirani Properties Llc
Bought by
Arizona Venture Property Llc and Hirami Properties Llc

Purchase Details

Closed on
Feb 11, 2005
Sold by
Hirani Properties Llc
Bought by
Arizona Hirani Properties Llc

Purchase Details

Closed on
Jun 10, 2003
Sold by
Kd Chandler 436 Inc
Bought by
Hirani Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,325,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Kimco/De Rito Hamstra Square Llc
Bought by
Dp 15 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,325,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gill Hotels Llc $9,550,000 Premier Title Agency
Schneider Alan $7,100,000 First American Title
Hamstra Square Investors Llc $2,500,000 First American Title
U S Bank National Association $6,000,000 None Available
Visione Hamstra Llc -- Stewart Title & Tr Phoenix
Stone Canyon Enterprises Llc -- Stewart Title & Tr Phoenix
Arizona Venture Property Llc $5,239,700 Stewart Title & Trust Of Pho
Arizona Hirani Properties Llc -- Stewart Title & Trust Of Pho
Hirani Properties Llc $9,448,530 Stewart Title & Trust
Hirani Properties Llc $887,900 Stewart Title & Trust
Hirani Properties Llc $2,663,570 Stewart Title & Trust
Dp 15 Llc -- Stewart Title & Trust
Kd Chandler 436 Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Hotels Llc $4,900,000
Previous Owner Schneider Alan $4,615,000
Previous Owner Hamstra Square Investors Llc $1,375,000
Previous Owner Hirani Properties Llc $9,325,000
Previous Owner Kd Chandler 436 Inc $9,325,000
Source: Public Records

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 $77,899 $820,963 -- --
2024 $78,721 $806,303 -- --
2023 $78,721 $2,667,640 $797,079 $1,870,561
2022 $78,476 $2,499,158 $755,038 $1,744,120
2021 $82,966 $2,548,512 $776,610 $1,771,902
2020 $82,505 $2,431,062 $711,504 $1,719,558
2019 $79,612 $2,337,066 $614,988 $1,722,078
2018 $77,344 $1,231,182 $319,563 $911,619
2017 $72,664 $1,231,182 $319,563 $911,619
2016 $70,188 $990,000 $313,451 $676,549
2015 $69,168 $1,017,500 $219,684 $797,816
Source: Public Records

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