NOT LISTED FOR SALE

1537 S 108th Way Unit 5 Chandler, AZ 85286

Central Chandler Neighborhood

Estimated Value: $1,098,000 - $1,328,000

0.32 Acre
$3,823,659 Price per Acre
13,939 Sq Ft Lot

Last Sold January 08, 2014

Last sale price $112,000 $28 Per Sq Ft

Est. 992% increase in value since last sale

Current estimated payment $6,946/month

147 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Level Lot
  • T. Dale Hancock Elementary School Rated A

About This Lot

As of January 2014

One of the last remaining lots in chandler to build a custom home with no hoa close into town. This lot is located on quite dead end cul-d-sac. Less than mile to 202 freeway and shopping. 2 miles to 101 freeway, Chandler Hospital, and Chandler Mall. Great location. Buyer to verify address with city.

Last Agent to Sell the Property

Travis Lueck

Hearthstone Realty License #BR572885000 Listed on: 07/18/2013

Last Buyer's Agent

Michael Jarman

E-Homes License #SA545981000

E-Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,272

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Community Details

  • No Home Owners Association
  • Vista Del Sol Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 303-27-422

Property Details

Property Type

Land

Est. Annual Taxes

$1,272

Lot Details

0

Listing Details

  • Cross Street: Alma School and 202 San Tan Freeway
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: Res
  • Tax Year: 2012
  • Directions: South to Willis, east to 108th way, south to property. Last vacant lot on left side of road
  • Lot Size Acres: 0.32
  • Subdivision Name: Vista Del Sol Place
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP, Underground
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 13937.0
  • Additional Parcels: No
  • Parcel #: 303-27-422
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1272.0
  • Tax Book Number: 303.00
  • Tax Lot: 5
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Posey and Bernice
Bought by
Michael And Bernice Posey Living Trust
Current Estimated Value
$1,223,571

Purchase Details

Closed on
Jan 29, 2016
Sold by
Am Properties & Investments Llc
Bought by
Posey Michael and Posey Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jan 6, 2014
Sold by
Madison Management Properties Llc
Bought by
Am Properties & Investments Llc
Seller's Agent
Travis Lueck
Hearthstone Realty
Buyer's Agent
Michael Jarman
E-Homes
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
Original Mortgage
$140,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2012
Sold by
Lambson James I and Lambson Karen
Bought by
Madison Management Properties Llc
Source: Public Records

Range of Values:

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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
Michael And Bernice Posey Living Trust -- Resolute Document Preparation
Posey Michael $620,000 Security Title Agency Inc
Am Properties & Investments Llc $112,000 Great American Title Agency
Madison Management Properties Llc $58,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey Bernice $450,000
Previous Owner Posey Michael $477,000
Previous Owner Posey Michael $480,000
Previous Owner Am Properties & Investments Llc $160,000
Previous Owner Am Properties & Investments Llc $100,000
Previous Owner Am Properties & Investments Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2014 01/08/14 Sold $112,000 -13.8% $28 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $129,900 -- $32 / 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 $5,819 $69,762 -- --
2024 $5,696 $66,440 -- --
2023 $5,696 $85,570 $17,110 $68,460
2022 $5,497 $65,200 $13,040 $52,160
2021 $5,667 $64,070 $12,810 $51,260
2020 $5,632 $61,380 $12,270 $49,110
2019 $5,413 $59,220 $11,840 $47,380
2018 $5,242 $59,680 $11,930 $47,750
2017 $4,889 $60,150 $12,030 $48,120
2016 $4,702 $59,170 $11,830 $47,340
2015 $1,266 $12,288 $12,288 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Lueck

    Seller's Agent in 2014

    Travis Lueck

    Hearthstone Realty

    (602) 463-2314

    73 Total Sales

    Travis Lueck
    Section Image

  • M

    Buyer's Agent in 2014

    Michael Jarman

    E-Homes

    (480) 217-2388

    52 Total Sales

    Michael Jarman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4969807

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-27-422

Arizona Maricopa County Chandler 85286 Central Chandler

1537 S 108th Way Unit 5, Chandler, AZ

This home is located at 1537 S 108th Way Unit 5, Chandler, AZ 85286 since 18 July 2013 and is currently estimated at $1,223,571, approximately $303 per square foot. 1537 S 108th Way Unit 5 is a home located in Maricopa County with nearby schools including T. Dale Hancock Elementary School, Hamilton High School, and Bogle Junior 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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