NOT LISTED FOR SALE

2051 N Arizona Ave Chandler, AZ 85225

Amberwood Neighborhood

Estimated Value: $11,119,813

1 Bed
-- Bath
83,729 Sq Ft
$133/Sq Ft Est. Value

About This Home

This home is located at 2051 N Arizona Ave, Chandler, AZ 85225 and is currently estimated at $11,119,813, approximately $132 per square foot. 2051 N Arizona Ave is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Lsp Chandler Mercado Llc
Bought by
Lsp Phoenix Corp
Current Estimated Value
$11,119,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,170,136
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$7,051,357

Purchase Details

Closed on
Nov 20, 2013
Sold by
Chandler Mercado Partners Llc
Bought by
Global Chandler Mercado Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,803,525
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2013
Sold by
2041 2081 North Arizona Avenue Holding L
Bought by
Chandler Mercado Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2010
Sold by
Bpre 51 Thunderbird Llc
Bought by
2041-2081 North Arizona Avenue Holdings

Purchase Details

Closed on
Apr 5, 2010
Sold by
Bpre 51 Thunderbird Llc
Bought by
5819-5897 West Indian School Road Holdin

Purchase Details

Closed on
Oct 10, 2006
Sold by
Chandler Mercado Investors Llc
Bought by
Bpre Chandler Mercado Llc

Purchase Details

Closed on
Jan 8, 2004
Sold by
Schneider Alan R and Schneider Sherie
Bought by
Chandler Mercado Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,750,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
Carlson Real Estate Company
Bought by
Ipr Sea Wind Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,650,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lsp Phoenix Corp $7,205,968 Fidelity Natl Ttl Agcy Inc
Global Chandler Mercado Llc $4,330,000 Fidelity National Title Agen
Chandler Mercado Partners Llc $3,000,000 First American Title Ins Co
2041-2081 North Arizona Avenue Holdings $2,330,000 None Available
5819-5897 West Indian School Road Holdin $6,620,000 Thomas Title & Escrow
Bpre Chandler Mercado Llc $9,500,000 None Available
Chandler Mercado Investors Llc $7,250,000 Stewart Title & Trust
Ipr Sea Wind Lp $6,200,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lsp Phoenix Corp $5,000,000
Previous Owner Global Chandler Mercado Llc $2,803,525
Previous Owner Chandler Mercado Partners Llc $2,900,000
Previous Owner Chandler Mercado Investors Llc $5,750,000
Previous Owner Ipr Sea Wind Lp $4,650,000
Source: Public Records

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 $96,160 $1,047,333 -- --
2024 $98,649 $1,027,024 -- --
2023 $98,649 $1,728,567 $617,306 $1,111,261
2022 $98,603 $1,571,920 $533,871 $1,038,049
2021 $105,007 $1,615,486 $548,402 $1,067,084
2020 $103,484 $1,507,699 $423,532 $1,084,167
2019 $96,242 $1,037,069 $348,606 $688,463
2018 $93,660 $1,012,071 $326,160 $685,911
2017 $90,268 $986,586 $296,023 $690,563
2016 $92,176 $991,065 $264,306 $726,759
2015 $90,707 $775,170 $191,881 $583,289
Source: Public Records

Map

Arizona Maricopa County Chandler 85225 Amberwood

2051 N Arizona Ave, Chandler, AZ

This home is located at 2051 N Arizona Ave, Chandler, AZ 85225 and is currently estimated at $11,119,813, approximately $132 per square foot. 2051 N Arizona Ave is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

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