NOT LISTED FOR SALE

158 W Boston St Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $293,000 - $426,000

-- Bed
-- Bath
757 Sq Ft
$493/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $400,000 $528 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,029/month

6 Days on Market

Highlights

  • 0.17 Acre Lot
  • Central Air
  • 4-minute walk to Dr A.J. Chandler Park
  • Chandler High School Rated A-
  • Concrete Flooring

About This Home

As of March 2020

Adaptive Reuse Income Producing Property Located in the Downtown Entertainment District! Amazing Annual Return on Investment Opportunity! Buyer to Verify All Facts!

Last Agent to Sell the Property

David Rose

Realty ONE Group License #SA638020000 Listed on: 02/01/2020

Realty ONE Group

Co-Listed By

Gerald Langston

Res Comm Realty License #SA111284000

Last Buyer's Agent

William Ryan

Keller Williams Integrity First License #BR004517000

Keller Williams Integrity First

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $499

Year Built

  • Built in 1944

Lot Details

  • 7,500 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned Commercial

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 757 Sq Ft Home
  • Concrete Flooring

Parking

  • 12 Parking Spaces
  • Public Parking
  • 6 Covered Spaces
  • Community Parking Structure

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 591
  • Assessor Parcel Number 303-08-076

Community Details

Overview

  • 2 Buildings
  • Chandler Subdivision

Building Details

  • Operating Expense $499

Property Details

Property Type

Other

Est. Annual Taxes

$499

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: Boston and Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 2
  • Year Built: 1944
  • Tax Year: 2019
  • Directions: West on Boston St. to property.
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: rein001
  • Co List Office Phone: 480-821-4232
  • Subdivision Name: CHANDLER
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Public Parking, Parking Structure
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Public Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Other (See Remarks)
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 303-08-076
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 499.0

Tax Info

  • Tax Annual Amount: 499.0
  • Tax Book Number: 303.00
  • Tax Lot: 591
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Boston Street Properties Llc
Bought by
Stanley Az Llc
Current Estimated Value
$373,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$59,963
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$313,442

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 20, 2020
Sold by
Honea Norisa Jo and Norris D Walter Trust
Bought by
Boston Street Properties Llc
Seller's Agent
David Rose
Realty ONE Group
Buyer's Agent
William Ryan
Keller Williams Integrity First
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%
Original Mortgage
$675,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Walter Norris D
Bought by
Declaration Of Norris D Walter Trust
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
Stanley Az Llc -- Commonwealth Land Title
Boston Street Properties Llc $900,000 Title Alliance Infinity Agcy
Declaration Of Norris D Walter Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Az Llc $339,000
Previous Owner Boston Street Properties Llc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $400,000 -5.9% $528 / Sq Ft
02/01/2020 02/01/20 For Sale $425,000 -- $561 / 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 $888 $5,471 -- --
2024 $851 $5,291 -- --
2023 $851 $22,622 $5,319 $17,303
2022 $822 $15,586 $3,691 $11,895
2021 $520 $13,261 $3,167 $10,094
2020 $517 $12,165 $2,902 $9,263
2019 $499 $8,606 $2,059 $6,547
2018 $485 $7,457 $1,778 $5,679
2017 $456 $8,057 $1,919 $6,138
2016 $440 $6,492 $1,544 $4,948
2015 $429 $6,085 $1,467 $4,618
Source: Public Records

Agents Affiliated with this Home

  • David Rose

    Seller's Agent in 2020

    David Rose

    Realty ONE Group

    (480) 726-2100

    1 in this area

    42 Total Sales

    David Rose
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gerald Langston

    Res Comm Realty

    (602) 739-9343

    1 in this area

    4 Total Sales

    Gerald Langston
    Section Image
  • William Ryan

    Buyer's Agent in 2020

    William Ryan

    Keller Williams Integrity First

    (480) 205-9410

    23 Total Sales

    William Ryan
    Section Image

  • B

    Buyer's Agent in 2020

    Bill Ryan

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031476

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-08-076

Arizona Maricopa County Chandler 85225 Downtown Chandler

158 W Boston St, Chandler, AZ

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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