NOT LISTED FOR SALE

1227 N Velero St Chandler, AZ 85225

The Islands Neighborhood

Estimated Value: $491,000 - $507,000

4 Beds
2 Baths
1,613 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $355,000 $220 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,941/month

About This Home

As of December 2020

Very spacious 4bedroom 2 bath rental home, located conveniently close to major highways & amenities. Modern touches throughout the house: SS appliances, ample cabinetry, recently done sleek hard floors, designated laundry room, and a vaulted high ceilings. The 2-car garage and RV gate provide plenty of parking options. The master bedroom is a true highlight: offering private outdoor access thru- French doors and an ensuite bathroom with dual sinks and more! The backyard is the perfect place to unwind, with a covered patio for outdoor relaxation & a sparkling blue pool that's just right for enjoying those warm summer days. Rent includes pool service. Within great school district. Easy to show.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 24, 2020
Sold by
Lavin Ryan Patrick and Lavin Danielle J
Bought by
Lopez Marlene
Seller's Agent
Landon Harris
West USA Realty
Buyer's Agent
Robin Stone
Realty ONE Group
List Price
$348,000
Sold Price
$355,000
Premium/Discount to List
$7,000
2.01%
Current Estimated Value
$500,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,190
Avg. Annual Appreciation
7.39%
Original Mortgage
$337,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2019
Closed on
Oct 25, 2019
Sold by
Deoliviera Kenneth D and Deoliviera Holly Anne
Bought by
Lavin Ryan Patrick and Lavin Danielle J
Seller's Agent
Rosie Fryrear
Good Oak Real Estate
Buyer's Agent
Landon Harris
West USA Realty
List Price
$324,999
Sold Price
$323,000
Premium/Discount to List
-$1,999
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$333,659
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 1999
Sold by
Johnson Deanne L
Bought by
Miller Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,183
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1999
Sold by
Miller Gary C
Bought by
Deoliviera Kenneth D and Deoliviera Holly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,183
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Lopez Marlene $355,000 Grand Canyon Title Agency
Lavin Ryan Patrick $323,000 Greystone Title Agency Llc
Miller Gary C -- First Title Agency
Deoliviera Kenneth D $123,900 First Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Marlene $408,000
Closed Lopez Marlene $340,000
Closed Lopez Marlene $337,250
Previous Owner Lavin Ryan Patrick $333,659
Previous Owner Deoliviera Kenneth D $184,650
Previous Owner Deoliviera Kenneth D $10,000
Previous Owner Deoliviera Kenneth D $228,000
Previous Owner Deoliviera Kenneth D $67,500
Previous Owner Deoliviera Kenneth D $152,500
Previous Owner Deoliviera Kenneth D $120,183
Previous Owner Miller Gary C $91,491
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2024 01/15/24 Rented $2,300 0.0% --
12/19/2023 12/19/23 Under Contract -- -- --
12/15/2023 12/15/23 Price Changed $2,300 -11.5% $1 / Sq Ft
11/29/2023 11/29/23 Price Changed $2,600 -3.7% $2 / Sq Ft
11/10/2023 11/10/23 Price Changed $2,700 -3.6% $2 / Sq Ft
11/02/2023 11/02/23 Price Changed $2,800 -2.6% $2 / Sq Ft
10/25/2023 10/25/23 Price Changed $2,875 -0.9% $2 / Sq Ft
09/16/2023 09/16/23 For Rent $2,900 0.0% --
09/01/2022 09/01/22 Rented $2,900 0.0% --
08/01/2022 08/01/22 Under Contract -- -- --
06/13/2022 06/13/22 For Rent $2,900 0.0% --
12/01/2020 12/01/20 Sold $355,000 +2.0% $220 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $348,000 0.0% $216 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $348,000 +7.7% $216 / Sq Ft
11/13/2019 11/13/19 Sold $323,000 -0.6% $200 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $324,999 -- $201 / Sq Ft

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 $1,984 $21,560 -- --
2024 $1,946 $20,534 -- --
2023 $1,946 $35,960 $7,190 $28,770
2022 $1,565 $26,660 $5,330 $21,330
2021 $1,641 $25,420 $5,080 $20,340
2020 $1,633 $23,650 $4,730 $18,920
2019 $1,571 $20,820 $4,160 $16,660
2018 $1,521 $19,410 $3,880 $15,530
2017 $1,418 $17,870 $3,570 $14,300
2016 $1,366 $16,670 $3,330 $13,340
2015 $1,323 $16,420 $3,280 $13,140
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Ezgi Janicek

    West USA Realty

    (602) 942-4200

    9 Total Sales

    Ezgi Janicek
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • Robin Stone

    Seller's Agent in 2022

    Robin Stone

    Realty One Group

    (480) 363-6700

    1 in this area

    41 Total Sales

    Robin Stone
    Section Image
  • Loretta Milkey

    Seller Co-Listing Agent in 2022

    Loretta Milkey

    Realty One Group

    (480) 251-9807

    27 Total Sales

    Loretta Milkey
    Section Image
  • Landon Harris

    Seller's Agent in 2020

    Landon Harris

    West USA Realty

    (480) 788-6431

    1 in this area

    3 Total Sales

    Landon Harris
    Section Image
  • Rosie Fryrear

    Seller's Agent in 2019

    Rosie Fryrear

    Good Oak Real Estate

    (480) 302-1223

    46 Total Sales

    Rosie Fryrear
    Section Image
See All Agents

Map

Arizona Maricopa County Chandler 85225 The Islands

1227 N Velero St, Chandler, AZ

This home is located at 1227 N Velero St, Chandler, AZ 85225 and is currently estimated at $500,190, approximately $310 per square foot. 1227 N Velero St is a home located in Maricopa County with nearby schools including Shumway Elementary School, Willis Junior High School, and Chandler High School.

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