NOT LISTED FOR SALE

1256 W Chandler Blvd Unit 16 Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $2,838,470

-- Bed
-- Bath
600 Sq Ft
$4,731/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $750 $1 Per Sq Ft

Est. 378,363% increase in value since last sale

Current estimated payment $16,783/month

71 Days on Market

About This Home

As of January 2014

This home is located at 1256 W Chandler Blvd Unit 16, Chandler, AZ 85224 since 05 November 2013 and is currently estimated at $2,838,470, approximately $4,730 per square foot. This property was built in 1972. 1256 W Chandler Blvd Unit 16 is a home located in Maricopa County with nearby schools including San Marcos Elementary School, Chandler High School, and Andersen Junior High School.

Last Listed By

Brent Hickey

Central Real Estate Co License #BR014018000 Listed on: 11/05/2013

Property Details

Property Type

  • Other

Year Built

  • Built in 1972

Lot Details

  • Property is zoned C-R

Home Design

  • Tile Roof
  • Built-Up Roof
  • Block Exterior

Parking

  • 80 Open Parking Spaces
  • 80 Parking Spaces

Utilities

  • Heating Available
  • Master Water Meter

Community Details

  • 2 Buildings

Listing and Financial Details

  • Property Available on 8/28/12
  • Assessor Parcel Number 302-48-066-E

Property Details

Property Type

Other

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Chandler Boulevard between Alma School and Dobson
  • Property Type: Comm/Industry Lease
  • Zoning: C-R
  • Current Use: Service Business, Office
  • Number Of Buildings: 2
  • Lease Info Annual Lease Price: 9600.0
  • Lease Info Annual Lse Prc P S F: 16.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 600
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: On North side of Chandler Boulevard between Dobson and Alma School Road.
  • Road Surface Type: Asphalt, Dedicated Street
  • Structure Type: Commercial
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Tile, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 80.0
  • Total Parking Spaces: 80.0
  • General Property Description:Uncvrd Parking Spcs: 80.0
  • General Property Description:Total Parking Spcs: 80.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: Master Meter
  • Heating:Electric: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 302-48-066-E

Rental Info

  • Available Date: 2012-08-28

Multi Family

  • Leasable Area: 600.0

Tax Info

  • Tax Annual Amount: 10610.0
  • Tax Book Number: 302.00
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Central Plaza Investments Llc
Bought by
Central Plazza Ii Llc
Total Days on Market
71
Current Estimated Value
$2,838,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2004
Sold by
Anjoy Inc
Bought by
Begaje Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 1998
Sold by
Foc Central Ltd Partnership
Bought by
Anjoy Inc

Purchase Details

Closed on
Dec 13, 1995
Sold by
Central Plaza Investments Ltd Prtnrshp
Bought by
Foc Central Ltd Partnership

Range of Values:

Collateral Analytics

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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
Central Plazza Ii Llc -- None Available
Begaje Lp $1,030,000 Transnation Title Ins Co
Anjoy Inc $500,000 Transnation Title Insurance
Foc Central Ltd Partnership $284,312 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue River Investment Llc $0
Previous Owner Begaje Lllp $345,000
Previous Owner Begaje Lp $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $750 -6.3% $1 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $800 0.0% $1 / Sq Ft
06/05/2013 06/05/13 Sold $800 0.0% $1 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $800 -- $1 / 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 $11,656 $122,843 -- --
2024 $11,779 $120,650 -- --
2023 $11,779 $328,678 $174,148 $154,530
2022 $11,743 $271,898 $108,763 $163,135
2021 $12,414 $253,440 $111,870 $141,570
2020 $12,345 $213,732 $114,588 $99,144
2019 $11,913 $175,932 $109,332 $66,600
2018 $11,573 $168,228 $103,338 $64,890
2017 $10,873 $154,098 $95,688 $58,410
2016 $10,502 $150,246 $85,428 $64,818
2015 $10,350 $91,946 $54,964 $36,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5025815

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-48-066E