NOT LISTED FOR SALE

1078 W Flint St Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $943,135

-- Bed
-- Bath
3,382 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $875,000 $259 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,399/month

24 Days on Market

Highlights

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

About This Home

As of September 2022

Incredible Chandler four-flex with 100% occupancy located steps away from dining, shopping, parks, and schools. This exceptionally well maintained property includes one 2 bed/2 bath unit and three 2 bed/1 bath units. All units have long term, stable tenants. This is a low maintenance property that requires minimal attention. One unit has been recently remodeled, while the others are in excellent condition. New roof in 2018. Tenant pays for electric, cable, internet. No HOA. Do not disturb tenants.

Last Listed By

David Courtright

Coldwell Banker Realty License #SA561812000 Listed on: 08/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1972

Lot Details

  • 9,453

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

  • San Marcos Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 302-74-011-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 75' x 126'
  • Arrowhead Meadows 1 Subdivision

Building Details

  • Operating Expense $7,946
  • Gross Income $54,600
  • Net Operating Income $48,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,694

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Alma School/Chandler
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2021
  • Directions: North to Erie, west to Chippewa, south to Flint, east to property
  • Road Surface Type: Dedicated Street
  • Subdivision Name: ARROWHEAD MEADOWS 1
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Fee Information

  • Trash Expense: 840.0
  • Annual Water Sewer Expense: 1176.0

Schools

  • Elementary School: San Marcos Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: John M Andersen Jr High School

Lot Info

  • Lot Size: 75' x 126'
  • Additional Parcels: No
  • Parcel #: 302-74-011-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 54600.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 48348.0
  • Annual Operating Expense: 7946.0

Tax Info

  • Tax Annual Amount: 1694.0
  • Tax Book Number: 302.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Webb Christian and Schwartz Paxton
Bought by
West Flint Llc
Total Days on Market
24
Current Estimated Value
$943,135

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 8, 2022
Sold by
Morisch Revocable Trust
Bought by
Webb Christian and Schwartz Paxton
Seller's Agent
David Courtright
Coldwell Banker Realty
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$900,000
Sold Price
$875,000
Premium/Discount to List
-$25,000
-2.78%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$700,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2019
Sold by
Morisch Elsie F
Bought by
1078 W Flint St Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Morish Elsie F
Bought by
Morisch Elsie F and Morisch Revocable Trust

Purchase Details

Closed on
Sep 25, 2006
Sold by
Wolfe Michael P and Daugs Herold D
Bought by
Morisch Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Jun 30, 2000
Sold by
Mastroni Joseph and Mastroni Shirley J
Bought by
Js & G Family Ltd Partnership Llp

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
West Flint Llc -- None Listed On Document
Webb Christian $875,000 Navi Title Agency Pllc
Morisch Revocable Trust -- Navi Title Agency Pllc
1078 W Flint St Llc -- None Available
Morisch Elsie F -- None Available
Morisch Elsie F -- None Available
Morisch Elsie $430,000 The Talon Group Ocotillo
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
Previous Owner Webb Christian $700,000
Previous Owner Morisch Elsie F $200,000
Previous Owner Morisch Elsie $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $875,000 -2.8% $259 / Sq Ft
08/03/2022 08/03/22 For Sale $900,000 -- $266 / 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 $1,735 $18,857 -- --
2024 $1,702 $17,959 -- --
2023 $1,702 $66,020 $13,200 $52,820
2022 $1,648 $48,710 $9,740 $38,970
2021 $1,694 $39,730 $7,940 $31,790
2020 $1,685 $33,470 $6,690 $26,780
2019 $1,625 $25,950 $5,190 $20,760
2018 $1,579 $21,720 $4,340 $17,380
2017 $1,484 $21,260 $4,250 $17,010
2016 $1,433 $18,520 $3,700 $14,820
2015 $1,374 $17,520 $3,500 $14,020
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Courtright

    Coldwell Banker Realty

  • Mike Ratzken

    Buyer's Agent in 2022

    Mike Ratzken

    Two Brothers Realty & Co

    (480) 232-9990

    1 in this area

    279 Total Sales

    Mike Ratzken
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6444349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-74-011A

Arizona Maricopa County Chandler 85224 Central Ridge

1078 W Flint St, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 1078 W Flint St, Chandler, AZ 85224 since 03 August 2022 and is currently priced at $943,135, approximately $278 per square foot. This property was built in 1972. 1078 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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