$771,500
SOLD SEP 5, 2024
-- Bed
-- Bath
2,314 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$333 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • 8 Car Attached Garage
  • Cooling Available
  • Individual Controls for Heating
  • Chandler High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of September 2024

This exceptional upscale duplex offers the perfect multi-gen home or investment opportunity. Each spacious 2-bedroom, 2-bathroom unit boasts an open floor plan, bathed in natural light, and complete with private patios and a backyard oasis. The neutral color palette creates a versatile canvas for any style. With two attached two-car garages, ample parking is never a concern. The large lot provides privacy and endless possibilities. Ideal for multi-generational living or savvy investors seeking strong cash flow, this property is conveniently located near schools, major freeways, and essential amenities. Don't miss this chance to own a multi-family gem in a desirable neighborhood!

Last Agent to Sell the Property

George Laughton

My Home Group Real Estate License #SA579470000 Listed on: 07/26/2024

My Home Group Real Estate

Co-Listed By

Tiffany Mickolio

My Home Group Real Estate License #SA674623000

Last Buyer's Agent

Mike Palmerine

Realty ONE Group License #SA537263000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,616

Year Built

  • Built in 2001

Parking

  • 8 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Hartford Sylvia Encinas Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water
  • The owner pays for landscaping
  • Tax Lot 14
  • Assessor Parcel Number 302-74-014

Community Details

Overview

  • 2 Units
  • Building Dimensions are 76.93x109.68x76.40x109.67
  • Arrowhead Meadows 1 Subdivision

Building Details

  • Operating Expense $1,616

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,616

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd & Chandler Blvd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2001
  • Tax Year: 2023
  • Directions: North on Alma School Rd. West on Flint St. Property is on the south side of the street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg06
  • Co List Office Phone: 623-242-9459
  • Subdivision Name: ARROWHEAD MEADOWS 1
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Hartford Sylvia Encinas Elementary
  • 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: 76.93x109.68x76.40x109.67
  • Additional Parcels: No
  • Parcel #: 302-74-014

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1616.0

Tax Info

  • Tax Annual Amount: 1616.0
  • Tax Book Number: 302.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 4, 2024
Sold by
Mejia Edward Alonso
Bought by
Lockard Curtis
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Mike Palmerine
Realty ONE Group
List Price
$800,000
Sold Price
$771,500
Premium/Discount to List
-$28,500
-3.56%
Views
11
Current Estimated Value
$789,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,671
Avg. Annual Appreciation
2.91%
Original Mortgage
$732,925
Outstanding Balance
$727,806
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,365

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 28, 2021
Sold by
Montoya Josh and Montoya Ariel
Bought by
Mejia Edward Alonso
Seller's Agent
Donald Greenberg
HomeSmart
Buyer's Agent
Tiffany Mickolio
My Home Group Real Estate
List Price
$629,000
Sold Price
$632,000
Premium/Discount to List
$3,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$632,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
May 26, 2020
Sold by
Montoya Josh and Nevarez Ariel
Bought by
Montoya Josh and Montoya Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,617
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 20, 2018
Sold by
Massa Edward P and Massa Claudette K
Bought by
Montoya Josh and Nevarez Ariel
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Allison Bourn
Revinre
List Price
$364,900
Sold Price
$364,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$358,290
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2007
Sold by
Massa Edward P and Massa Claudette K
Bought by
Massa Edward P and Massa Claudette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Massa Edward and Massa Claudette K
Bought by
Massa Edward P and Massa Claudette K

Purchase Details

Closed on
Sep 8, 2003
Sold by
Orozco Mauricio
Bought by
Massa Edward and Massa Claudette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Js & G Family Ltd Partnership Llp
Bought by
Orozco Mauricio
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 Type Sale Price Title Company
Warranty Deed $771,500 Security Title
Warranty Deed $632,000 Fidelity Natl Ttl Agcy Inc
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $364,900 Premier Title Agency
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- --
Warranty Deed $262,000 Capital Title Agency Inc
Warranty Deed $225,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $732,925 New Conventional
Previous Owner $632,000 VA
Previous Owner $356,617 FHA
Previous Owner $358,698 FHA
Previous Owner $358,290 FHA
Previous Owner $227,000 New Conventional
Previous Owner $209,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $771,500 -3.6% $333 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $800,000 +26.6% $346 / Sq Ft
09/29/2021 09/29/21 Sold $632,000 +0.5% $273 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $629,000 0.0% $272 / Sq Ft
08/20/2021 08/20/21 Price Changed $629,000 +5.0% $272 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $599,000 +64.2% $259 / Sq Ft
07/12/2018 07/12/18 Sold $364,900 0.0% $158 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/23/2018 05/23/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $364,900 -- $158 / 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 $1,648 $17,907 -- --
2024 $1,616 $17,054 -- --
2023 $1,616 $53,570 $10,710 $42,860
2022 $1,565 $37,700 $7,540 $30,160
2021 $1,609 $32,170 $6,430 $25,740
2020 $1,600 $28,660 $5,730 $22,930
2019 $1,544 $25,320 $5,060 $20,260
2018 $1,500 $21,670 $4,330 $17,340
2017 $1,409 $21,630 $4,320 $17,310
2016 $1,361 $19,700 $3,940 $15,760
2015 $1,305 $17,470 $3,490 $13,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6736259

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-74-014