NOT LISTED FOR SALE

1625 E Chandler Blvd Unit 27 Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $783,000 - $1,082,000

0.53 Acre
$1,742,275 Price per Acre
23,087 Sq Ft Lot

Last Sold April 03, 2015

Last sale price $119,000

Est. 676% increase in value since last sale

Current estimated payment $5,489/month

211 Days on Market

About This Lot

As of April 2015

Great lot in the heart of Chandler ready for your dream home! Located in Popular Chandler School District near new shopping, dining & Downtown Chandler Attractions. Easy access to San Tan 202 freeway. Great investment opportunity. Make an offer today. Buyer/Buyer agent to verify all fact and figures.

Last Agent to Sell the Property

Wei Zhou

Gold Trust Realty License #SA571157000 Listed on: 08/29/2014

Last Buyer's Agent

Tariq Koshy

AZ Elite Brokers License #BR640412000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,180

Lot Details

  • 0.53 Acre Lot

Schools

  • Rudy G Bologna Elementary School
  • Willis Junior High School
  • Chandler High School

Community Details

  • No Home Owners Association
  • Rancho Velero Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 303-02-110

Property Details

Property Type

Land

Est. Annual Taxes

$1,180

Lot Details

0

Listing Details

  • Cross Street: COOPER & CHANDLER BLVD
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2011
  • Directions: Cooper & Chandler Blvd Directions: West to prop on south side just past Tuscan Springs subdivision* view fencing on Chandler Blvd.
  • Lot Size Acres: 0.53
  • Subdivision Name: RANCHO VELERO
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Rudy G Bologna Elementary
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 123X188
  • Lot Size Sq Ft: 23196.0
  • Additional Parcels: No
  • Parcel #: 303-02-110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1179.98
  • Tax Book Number: 303.00
  • Tax Lot: 27
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2018
Sold by
Michel Brenda L and Michel Alan G
Bought by
Michel Alan G
Current Estimated Value
$923,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Diaz Guillermo Michel
Bought by
Diaz Guillermo Michel and Zepeda Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2014
Closed on
Apr 1, 2015
Sold by
Zepeda Maria A and Diaz Guillermo Michel
Bought by
Diaz Guillermo Michel
Seller's Agent
Wei Zhou
Gold Trust Realty
Buyer's Agent
Tariq Koshy
AZ Elite Brokers
List Price
$129,000
Sold Price
$119,000
Premium/Discount to List
-$10,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%

Purchase Details

Closed on
Dec 17, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Xu Jin

Purchase Details

Closed on
Nov 13, 2009
Sold by
Archuleta Jamie
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Nov 30, 2006
Sold by
Estrada Nancy
Bought by
Archuleta Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,999
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Gomez Gustavo T and Terrazas Maria C
Bought by
Archuleta Jamie and Estrada Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1996
Sold by
Gomez Gustavo T and Terrazas Maria C
Bought by
Carrasco Francisco O and Terrazas Alicia
Source: Public Records

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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
Michel Alan G -- Landmark Title Assurance Age
Diaz Guillermo Michel -- Landmark Title Assurance Age
Diaz Guillermo Michel -- Driggs Title Agency Inc
Diaz Guillermo Michel $119,000 Driggs Title Agency Inc
Xu Jin -- Driggs Title Agency Inc
Xu Jin $35,000 Security Title Agency
M & I Marshall & Ilsley Bank $40,666 Security Title Agency
Archuleta Jamie -- Grand Canyon Title Agency In
Archuleta Jamie $185,000 Security Title Agency Inc
Carrasco Francisco O -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Guillermo Michel $399,600
Closed Diaz Guillermo Michel $403,200
Closed Diaz Guillermo Michel $100,000
Previous Owner Archuleta Jamie $171,999
Previous Owner Archuleta Jamie $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $119,000 -7.8% --
03/27/2015 03/27/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $129,000 -- --
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 $4,145 $45,052 -- --
2024 $4,066 $42,907 -- --
2023 $4,066 $67,310 $13,460 $53,850
2022 $3,937 $48,250 $9,650 $38,600
2021 $4,047 $46,930 $9,380 $37,550
2020 $4,025 $46,980 $9,390 $37,590
2019 $3,884 $46,560 $9,310 $37,250
2018 $3,773 $16,740 $16,740 $0
2017 $777 $23,265 $23,265 $0
2016 $751 $15,075 $15,075 $0
2015 $768 $15,744 $15,744 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5164041

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-02-110