NOT LISTED FOR SALE

1320 E Riggs Rd Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $3,424,536

-- Bed
-- Bath
7,245 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $1,900,000 $262 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $20,770/month

7 Days on Market

Highlights

  • 1.59 Acre Lot
  • Central Air
  • Heating Available
  • Jane D. Hull Elementary School Rated A
  • Concrete Flooring

About This Home

As of July 2017

Car Wash

Last Listed By

Jennifer Felker

Infinity & Associates Real Estate License #SA568022000 Listed on: 04/17/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $22,650

Year Built

  • Built in 2005

Lot Details

  • 1.59 Acre Lot
  • Property is zoned Commercial

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 7,245 Sq Ft Home
  • Concrete Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 303-54-189

Community Details

Overview

  • 2 Buildings
  • Kellys Family Car Wash Subdivision

Building Details

  • Operating Expense $22,650

Property Details

Property Type

Other

Est. Annual Taxes

$22,650

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Riggs and McQueen
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 2
  • Year Built: 2005
  • Tax Year: 2016
  • Lot Size Acres: 1.59
  • Subdivision Name: KELLYS FAMILY CAR WASH
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: None
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 69297.0
  • Additional Parcels: No
  • Parcel #: 303-54-189
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 22650.0

Tax Info

  • Tax Annual Amount: 22650.0
  • Tax Book Number: 303.00
  • Tax Lot: 1
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
The United States Of America
Bought by
Dana Hyrum
Total Days on Market
7
Current Estimated Value
$3,424,536

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 29, 2017
Sold by
Kelley William J and Kelley Peggy S
Bought by
Fiver Holdings Llc
Seller's Agent
Jennifer Felker
Infinity & Associates Real Estate
Buyer's Agent
Roger Pencek
Acquisitions, Businesses & Inv
List Price
$249,990,000
Sold Price
$1,900,000
Premium/Discount to List
-$248,090,000
-99.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$1,767,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 2010
Sold by
Kelley William J and Kelley Peggy Sue
Bought by
Kelley William J and Kelley Peggy S

Purchase Details

Closed on
Oct 26, 2009
Sold by
Kelley William J and Kelley Peggy Sue
Bought by
Snep Keith and Snep Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2006
Sold by
Kelley William J and Kelley Peggy Sue
Bought by
Advance Surety Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2006
Sold by
Kelley William J and Kelley Peggy Sue
Bought by
Wpk Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.33%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Fiver Holdings Llc $1,900,000 Title Alliance Infinity Agen
Kelley William J -- None Available
Snep Keith $150,000 Clear Title Agency Of Arizon
Advance Surety Inc $1,533,975 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fiver Holdings Llc $1,767,000
Previous Owner Snep Keith $150,000
Previous Owner Wpk Enterprises Llc $1,750,000
Previous Owner Kelley William J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $1,900,000 -99.2% $262 / Sq Ft
04/10/2017 04/10/17 For Sale $249,990,000 -- $34,505 / 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 $19,213 $199,130 -- --
2024 $19,412 $195,574 -- --
2023 $19,412 $246,602 $85,017 $161,585
2022 $19,353 $188,143 $36,663 $151,480
2021 $21,256 $192,240 $37,710 $154,530
2020 $22,403 $194,256 $38,124 $156,132
2019 $22,821 $195,354 $34,992 $160,362
2018 $24,946 $214,938 $64,422 $150,516
2017 $23,451 $284,616 $59,652 $224,964
2016 $22,650 $261,000 $53,262 $207,738
2015 $22,296 $201,891 $40,589 $161,302
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jennifer Felker

    Infinity & Associates Real Estate

  • R

    Buyer's Agent in 2017

    Roger Pencek

    Acquisitions, Businesses & Inv

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5591573

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-54-189

Arizona Maricopa County Chandler 85249 South Chandler

1320 E Riggs Rd, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 1320 E Riggs Rd, Chandler, AZ 85249 since 17 April 2017 and is currently estimated at $3,424,536, approximately $472 per square foot. This property was built in 2005. 1320 E Riggs Rd is a home located in Maricopa County with nearby schools including Jane D. Hull Elementary School, Santan Junior High School, and BASIS Chandler Primary South Campus.

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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