NOT LISTED FOR SALE

1323 W Morelos St Unit 1 Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $578,000 - $628,000

4 Beds
3 Baths
2,144 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $275,000 $128 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,580/month

About This Home

As of August 2014

One glance at this corner lot 4bed/3bathroom home and you will fall in love! Property features colorful pavers in the Courtyard entry, warm interior palette with ceramic tile floors, soaring ceiling and Architectural accents. Breakfast nook with bay windows overlooking the backyard. Stunning chefs kitchen features white appliances, center island, breakfast bar, granite counter tops and plethora of oak cabinetry. Dramatic sweeping stairway to second level with plush carpet throughout. Spacious master suite with back yard views and private master bathroom. Covered patio with lush green landscaping and a sparkling saltwater pool are perfect for outdoor gatherings. Call now to view this family friendly home and all it has to offer. Freshly painted exterior and interior paint in progress.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 18, 2014
Sold by
Habib Ashfaque and Garg Niti
Bought by
Garg Niti
Seller's Agent
Yvonne Barmettler
Fine Properties
Buyer's Agent
Kiran Vedantam
Kosh Realty
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$606,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,637
Avg. Annual Appreciation
7.62%
Original Mortgage
$247,500
Outstanding Balance
$181,275
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$425,362

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 13, 2014
Sold by
Rutledge Paul A and Romero Rutledge Monica
Bought by
Garg Niti
Seller's Agent
Yvonne Barmettler
Fine Properties
Buyer's Agent
Kiran Vedantam
Kosh Realty
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$181,275
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$425,362

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 12, 2012
Sold by
Borman Erik R and Borman Josey S
Bought by
Rutledge Paul A and Romero Rutledge Monica
Seller's Agent
Bruce Kerr
SJK Properties
Buyer's Agent
James Roberts
My Home Group Real Estate
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$244,821
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Aug 6, 2004
Sold by
Sanchez Ernesto P and Sanchez Sharon I
Bought by
Borman Erik R and Borman Josey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Sanchez Ernesto P and Sanchez Sharon I
Bought by
Sanchez Ernesto P and Sanchez Sharon I

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
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Sanchez Ernesto P and Sanchez Sharon I
Bought by
Sanchez Ernesto P and Sanchez Sharon I

Purchase Details

Closed on
Jun 11, 1996
Sold by
Richmond American Homes Inc
Bought by
Sanchez Ernesto P and Sanchez Ernie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
6.5%

Purchase Details

Closed on
Jan 5, 1996
Sold by
Blakeman Ranch Ltd Partnership
Bought by
Richmond American Homes Inc

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
Garg Niti -- Phoenix Title Agency Llc
Garg Niti $275,000 Phoenix Title Agency Llc
Rutledge Paul A $242,500 Great American Title Agency
Borman Erik R $235,000 Fidelity National Title
Sanchez Ernesto P -- --
Sanchez Ernesto P -- Security Title Agency
Sanchez Ernesto P -- --
Sanchez Ernesto P $160,384 Old Republic Title Agency
Richmond American Homes Inc $102,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Niti $247,500
Closed Garg Niti $247,500
Previous Owner Rutledge Paul A $244,821
Previous Owner Borman Erik R $201,998
Previous Owner Borman Erik R $188,000
Previous Owner Sanchez Ernesto P $150,000
Previous Owner Sanchez Ernesto P $152,250
Closed Borman Erik R $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2023 09/10/23 Rented $2,850 0.0% --
09/09/2023 09/09/23 Under Contract -- -- --
07/30/2023 07/30/23 For Rent $2,850 +26.7% --
09/01/2020 09/01/20 Rented $2,250 +4.7% --
08/07/2020 08/07/20 For Rent $2,150 +10.3% --
08/16/2019 08/16/19 Rented $1,950 0.0% --
08/08/2019 08/08/19 Under Contract -- -- --
08/03/2019 08/03/19 For Rent $1,950 0.0% --
08/18/2014 08/18/14 Sold $275,000 0.0% $128 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/24/2014 06/24/14 Price Changed $275,000 -1.8% $128 / Sq Ft
06/16/2014 06/16/14 For Sale $280,000 0.0% $131 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $280,000 +15.7% $131 / Sq Ft
06/11/2012 06/11/12 Sold $242,000 -2.8% $113 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $249,000 -- $116 / 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 $2,215 $28,823 -- --
2024 $2,169 $27,450 -- --
2023 $2,169 $43,610 $8,720 $34,890
2022 $2,092 $31,560 $6,310 $25,250
2021 $2,193 $29,730 $5,940 $23,790
2020 $2,183 $28,020 $5,600 $22,420
2019 $2,100 $27,050 $5,410 $21,640
2018 $2,033 $25,460 $5,090 $20,370
2017 $1,895 $24,200 $4,840 $19,360
2016 $1,826 $23,260 $4,650 $18,610
2015 $1,769 $21,010 $4,200 $16,810
Source: Public Records

Agents Affiliated with this Home

  • Biman Saha

    Seller's Agent in 2023

    Biman Saha

    Air One Realty LLC

    (480) 678-2450

    1 in this area

    92 Total Sales

    Biman Saha
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Dhruv Saha

    LPT Realty, LLC

    (480) 285-3660

    1 in this area

    56 Total Sales

    Dhruv Saha
    Section Image

  • S

    Buyer's Agent in 2023

    Susie Thom

    HomeSmart

    (239) 790-0004

    1 Total Sale

    Susie Thom
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Aksshat Saha

    HomeSmart

    (602) 230-7600

    Section Image
  • Yvonne Barmettler

    Seller's Agent in 2014

    Yvonne Barmettler

    Fine Properties

    Section Image
  • James Roberts

    Seller Co-Listing Agent in 2014

    James Roberts

    My Home Group

    (480) 227-4141

    15 Total Sales

    James Roberts
    Section Image
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Map

Arizona Maricopa County Chandler 85224 Central Ridge

1323 W Morelos St Unit 1, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 1323 W Morelos St Unit 1, Chandler, AZ 85224 and is currently estimated at $606,637, approximately $282 per square foot. 1323 W Morelos St Unit 1 is a home located in Maricopa County with nearby schools including Conley Elementary School, Andersen Junior High School, and Hamilton High School.

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.

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