NOT LISTED FOR SALE

Estimated Value: $466,000 - $617,350

8 Beds
4 Baths
720 Sq Ft
$800/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $150,000 $208 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $3,160/month

19 Days on Market

Highlights

  • Cooling Available
  • Bogle Junior High School Rated A
  • Painted or Stained Flooring

About This Home

As of July 2012

Great four-plex investment opportunity in Chandler. All 4 units are 2 bedroom, 1 bath and have been 100% occupied for years. Newer kitchens, tile throughout. Newer shingle roofs. Great for investor or owner occupied.

Last Agent to Sell the Property

Christine Luna

Luna Realty License #BR041818000 Listed on: 05/25/2012

Last Buyer's Agent

Joe Fiorucci

HomeSmart License #SA633846000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1961

Lot Details

  • 10,324

Parking

  • On-Street Parking

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $1,054 per year Dock Fee
  • 4 Units
  • Building Dimensions are 10339

Building Details

  • Insurance Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,252

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Tax Municipality: Chandler
  • Appliances Included: F/S Oven/Range
  • Construction Finish: Painted
  • Cross Street: Country Club - Pecos
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 72
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Chieftain Village 02
  • Marketing Name: Chieftain Village 2
  • Ownership: Fee Simple
  • Map Code Grid: T39
  • Year Built: 1961
  • Tax Year: 2011
  • Directions: West on Pecos to Palm, North to Kesler, East to properties.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: Street Parking

Utilities

  • Water: City Franchise
  • Electric: Individual Meter, SRP
  • Gas: SW Gas
  • Cooling: Electric
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: 10339

Multi Family

  • Income And Expenses Annual Ins Exp: 1300.00
  • Income And Expenses Annual Maint Exp: 1800.00
  • Income And Expenses Annual Water Sewer Exp: 1560.00
  • Income And Expenses Operating Exp: 5714.00
  • Income And Expenses Totl Mnth Rntal Inc: 2000.00
  • Income And Expenses Vacancy Allowance: 0.05
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 2
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 500.00
  • Two Bedroom Units Avg Sq Ft: 720
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1054.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Kesler Pecos Llc
Bought by
Weber Lisa Ann
Current Estimated Value
$576,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Outstanding Balance
$493,042
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$83,296

Purchase Details

Closed on
Oct 10, 2012
Sold by
Weber Greg and Weber Lisa
Bought by
Kesler Pecos Llc

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 2, 2012
Sold by
Zweig Marvin G and Zweig Dorothy L
Bought by
Weber Greg and Weber Lisa
Seller's Agent
Christine Luna
Luna Realty
Buyer's Agent
Joe Fiorucci
HomeSmart
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Zweig Marvin G and Zweig Dorothy L
Bought by
Zweig Marvin G and Zweig Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1998
Sold by
Hall William E and Hall Mary A
Bought by
Zweig Marvin and Zweig Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
7.13%
Mortgage Type
New Conventional
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
Weber Lisa Ann -- Teema Title & Escrow Agency
Weber Lisa Ann -- Teema Title & Escrow Agency
Kesler Pecos Llc -- None Available
Weber Greg $150,000 First Arizona Title Agency
Zweig Marvin G -- Stewart Title & Trust
Zweig Marvin $49,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Lisa Ann $498,000
Closed Weber Lisa Ann $498,000
Previous Owner Zweig Marvin $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2012 07/12/12 Sold $150,000 -14.3% $208 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $175,000 -- $243 / 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 $1,252 $13,606 -- --
2024 $1,228 $12,958 -- --
2023 $1,228 $50,720 $10,140 $40,580
2022 $1,189 $35,150 $7,030 $28,120
2021 $1,222 $29,550 $5,910 $23,640
2020 $1,215 $24,260 $4,850 $19,410
2019 $1,173 $18,680 $3,730 $14,950
2018 $1,139 $14,620 $2,920 $11,700
2017 $1,070 $14,710 $2,940 $11,770
2016 $1,034 $14,470 $2,890 $11,580
2015 $991 $13,780 $2,750 $11,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4768393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-62-074B