NOT LISTED FOR SALE

1390 W Galveston St Chandler, AZ 85224

Arrowhead Meadows Neighborhood

Estimated Value: $832,501 - $1,116,000

-- Bed
-- Bath
3,678 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $520,000 $141 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,145/month

6 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Ceiling Fan
  • Andersen Junior High School Rated A-
  • Ceramic Tile Flooring
  • Individual Controls for Heating

About This Home

As of May 2019

Single level four-plex - always rented- most are long term tenants***
This 3678 sq ft building is located on oversize, 17,158 sq ft corner lot- potential for future expansion towards South***The property line on Galveston is 15' N. of the sidewalk**All units have courtyard and storage rooms w/W/D hookup ***Each unit has own AC/heat and water heater.
The unit 1 has LR with fireplace-and it is approx 100 sq ft larger than other 3 units ***Assigned covered parking on East side of the building with extra uncovered spaces ***Additional parking along Arrowhead St.
***Excellent Chandler location-surrounded by many, more expensive, newer SFR 's *** Walking distance to large park*** Shopping, restaurants, service businesses within 1 mile***Hospital, Freeway access, Chandler Mall within 2 mile

Last Agent to Sell the Property

Slavica Kaniski

West USA Realty License #SA110363000 Listed on: 03/25/2019

West USA Realty

Last Buyer's Agent

Mike Tran

Prestige Realty License #SA546759000

Prestige Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1982

Lot Details

  • 0.39

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Erie Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 129
  • Assessor Parcel Number 302-48-807

Community Details

Overview

  • 4 Units
  • Building Dimensions are 17,158.
  • Colonia Granada Unit 5 Lot 110 129 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $11,813
  • Gross Income $43,080
  • Net Operating Income $31,267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Dobson Rd/Ray Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi fam res
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2018
  • Directions: E. on Ray, S on Arrowhead, E on Galveston- corner building (NE)
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: COLONIA GRANADA UNIT 5 LOT 110-129
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Free, Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 2160.0
  • Annual Water Sewer Expense: 1700.0

Schools

  • Elementary School: Erie Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: John M Andersen Jr High School

Lot Info

  • Lot Size: 17,158.
  • Additional Parcels: No
  • Parcel #: 302-48-807

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 43080.0
  • Insurance Expense: 1908.0
  • Maintenance Expense: 3800.0
  • Property Net Operating Income: 31267.0
  • Annual Operating Expense: 11813.0

Tax Info

  • Tax Annual Amount: 1645.0
  • Tax Book Number: 302.00
  • Tax Lot: 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 8, 2019
Sold by
Phan Kim and Cao Denny Khanh
Bought by
Cao Denny Khanh and Phan Kim
Seller's Agent
Slavica Kaniski
West USA Realty
Buyer's Agent
Mike Tran
Prestige Realty
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
$945,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,625
Avg. Annual Appreciation
9.87%
Original Mortgage
$416,000
Outstanding Balance
$368,076
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$579,925

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 26, 2019
Sold by
In Bun Kruy
Bought by
Cao Denny Khanh
Seller's Agent
Slavica Kaniski
West USA Realty
Buyer's Agent
Mike Tran
Prestige Realty
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$368,076
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$579,925

Purchase Details

Closed on
Jul 25, 2000
Sold by
Senum Gunder E and Senum Saundra K
Bought by
In Bun Kruy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cao Denny Khanh -- Magnus Title Agency Llc
Cao Denny Khanh $520,000 Magnus Title Agency Llc
In Bun Kruy $179,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Denny Khanh $416,000
Previous Owner In Bun Kruy $147,000
Previous Owner In Bun Kruy $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $520,000 -2.8% $141 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $535,000 -- $145 / 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 $1,807 $19,639 -- --
2024 $1,772 $18,704 -- --
2023 $1,772 $56,570 $11,310 $45,260
2022 $1,716 $44,180 $8,830 $35,350
2021 $1,764 $39,550 $7,910 $31,640
2020 $1,754 $29,780 $7,090 $22,690
2019 $1,693 $23,550 $5,610 $17,940
2018 $1,645 $19,670 $4,680 $14,990
2017 $1,545 $14,880 $3,540 $11,340
2016 $1,493 $14,990 $3,570 $11,420
2015 $1,431 $18,070 $4,300 $13,770
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Slavica Kaniski

    West USA Realty

    (602) 418-2789

    1 in this area

    33 Total Sales

    Slavica Kaniski
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Tran

    Prestige Realty

    (480) 370-7411

    13 Total Sales

    Mike Tran
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5901337

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-48-807

Arizona Maricopa County Chandler 85224 Arrowhead Meadows

1390 W Galveston St, Chandler, AZ

This home is located at 1390 W Galveston St, Chandler, AZ 85224 since 25 March 2019 and is currently estimated at $945,625, approximately $257 per square foot. This property was built in 1982. 1390 W Galveston St is a home located in Maricopa County with nearby schools including Hartford Sylvia Encinas Elementary School, Andersen Junior High School, and Chandler 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.

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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