NOT LISTED FOR SALE

Estimated Value: $586,000 - $1,509,000

4 Beds
-- Bath
2,066 Sq Ft
$477/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $254,000 $123 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $5,354/month

1 Day on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Chandler High School Rated A-

About This Home

As of February 2018

The outside need a little care, maybe some paint and some wood repair, but the inside is all Tile, 2 tone paint, middle unit has stainless steel appliances and granite tile counters.
There is a 3 bedrooms, 2.5 baths unit, a 2 bedroom unit and a 1 bedroom unit.
Price is lower because of outside care.

Last Agent to Sell the Property

Debra Gates

Realty One Scottsdale LLC License #SA107503000 Listed on: 01/14/2018

Last Buyer's Agent

Tarun Chopra

1st Dream Realty License #SA655749000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1971

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Acacia Elementary School
  • Chandler High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 302-73-011

Community Details

Overview

  • 3 Units
  • Building Dimensions are unknown
  • Olsen Addition Subdivision

Building Details

  • Operating Expense $4,529
  • Gross Income $26,700
  • Net Operating Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$929

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Warner and Arizona av
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multiunits
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2017
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: OLSEN ADDITION
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction: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
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2300.0

Schools

  • Elementary School: Acacia Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Acacia Elementary School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: Yes
  • Parcel #: 302-73-011

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 26700.0
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 23100.0
  • Annual Operating Expense: 4529.0

Tax Info

  • Tax Annual Amount: 929.0
  • Tax Book Number: 302.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Chopra Charu G and Chopra Tarun
Bought by
Chopra Tarun
Current Estimated Value
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$158,342
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$826,658

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 22, 2018
Sold by
Charu Charu
Bought by
Chopra Tarun
Seller's Agent
Debra Gates
Realty One Scottsdale LLC
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$253,900
Sold Price
$254,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.98%
Original Mortgage
$180,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 20, 2018
Sold by
Gates Seman Prop Llc
Bought by
Chopra Tarun
Seller's Agent
Debra Gates
Realty One Scottsdale LLC
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$253,900
Sold Price
$254,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Seman Revocable Trust and Seman Clara
Bought by
Gates Seman Properties Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Seman Harold and Seman Clara
Bought by
Seman Harold and Seman Clara

Purchase Details

Closed on
Jan 20, 2003
Sold by
Fults Robert and Fults Janis
Bought by
Seman Harold and Seman Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2000
Sold by
Harris Brenda
Bought by
Fults Robert and Fults Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1995
Sold by
The F Stop Corp
Bought by
Harris Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
12%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chopra Tarun -- Security Title Agency Inc
Chopra Tarun -- Wfg National Title Insurance
Chopra Tarun $254,000 Wfg National Title Insurance
Gates Seman Properties Llc -- None Available
Seman Harold -- --
Seman Harold $142,000 Stewart Title & Trust
Fults Robert $113,000 Stewart Title & Trust
Harris Brenda $91,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopra Tarun $178,500
Closed Chopra Tarun $180,000
Previous Owner Seman Harold $106,500
Previous Owner Fults Robert $90,400
Previous Owner Harris Brenda $54,900
Closed Harris Brenda $32,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $254,000 0.0% $123 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $253,900 -- $123 / 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 $2,257 $24,143 -- --
2024 $2,179 $22,994 -- --
2023 $2,179 $41,320 $7,030 $34,290
2022 $2,110 $32,270 $5,490 $26,780
2021 $2,169 $29,210 $4,970 $24,240
2020 $1,150 $23,840 $4,060 $19,780
2019 $1,109 $18,530 $3,150 $15,380
2018 $1,078 $15,450 $2,630 $12,820
2017 $929 $14,890 $2,530 $12,360
2016 $897 $12,960 $2,200 $10,760
2015 $864 $11,840 $2,010 $9,830
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5708999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-73-011