$1,175,000
SOLD DEC 9, 2019

2198 E Teakwood Place Chandler, AZ 85249

South Chandler Neighborhood
5 Beds
4.5 Baths
5,110 Sq Ft
0.52 Acres

Recently Sold

$230 Per Sq Ft

90% Below List Price

6 Days on Market

Highlights

  • Heated Lap Pool
  • Gated Community
  • Wood Flooring
  • Jane D. Hull Elementary School Rated A
  • 0.52 Acre Lot
  • Santa Barbara Architecture

About This Home

As of December 2019

Stunning Custom 5 bedroom, office & 4 and 1/2 bath home situated perfectly on a spectacular cul-de-sac lot! Paver walk leading to the custom glass and iron front door, Dark barn wood flooring inviting you into this open floor plan with its soaring ceilings. The Chefs kitchen has staggered cabinets with crown molding, granite counters, tile back splash, large kitchen island, wet bar, pantry barn doors & commercial gas range. Large game room/ bedroom. Huge master suite with his & her closets, marble bathroom floors, dual vanities, dual commodes, Jacuzzi tub and giant marble walk in shower. Nothing but the best in outdoor living, Custom 2 year old pebble tec lap pool and spa, custom landscaping, automated pool cover, water slide, outdoor bar, pizza oven, automated gas fire pit & designe landscape rounding out this desert oasis. Massive 4 car garage that is epoxy sealed for all your toys.

Last Agent to Sell the Property

Anthony Champy

RE/MAX Fine Properties License #SA110324000 Listed on: 10/18/2019

RE/MAX Fine Properties

Last Buyer's Agent

Anthony Champy

RE/MAX Fine Properties License #SA110324000 Listed on: 10/18/2019

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,663

Year Built

  • Built in 2015

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Designed by Dean Drosos Architects
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,110 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • <<builtInMicrowave>>
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • <<bathWSpaHydroMassageTubToken>>
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Lap Pool
  • Pool Pump
  • Spa

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue
  • Playground

Schools

  • Jane D. Hull Elementary School
  • Santan Junior High School
  • Basha High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 303-55-635

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Premier Community Association, Phone Number (480) 704-2900
  • Built by Wall & Sons Custom Homes
  • Tierra Linda Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,663

Year Built

Built in 2015

Lot Details

0

HOA Fees

$120 per month

Parking

4

Listing Details

  • Cross Street: Gilbert & Chandler Heights
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Dean Drosos
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 120.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: SOUTH ON COOPER EAST ON CLOUD , NORTH SALT CEDAR, EAST ON TEAKWOOD
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.52
  • Subdivision Name: TIERRA LINDA
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 120.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5110.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Synthetic Grass Back
  • Pool Features: Variable Speed Pump, Heated, Lap, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Direct Access, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: TIERRA LINDA
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: TIERRA LINDA
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Community
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Jane D. Hull Elementary
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22725.0
  • Parcel #: 303-55-635

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Wall & Sons Custom Homes

Tax Info

  • Tax Annual Amount: 7663.0
  • Tax Book Number: 303.00
  • Tax Lot: 30
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Hong Darian S J and Hong Hyewon Yoon
Bought by
Hong Darian S J and Hong Hyewon Yoon
Current Estimated Value
$1,709,036

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 4, 2019
Sold by
Contreras Alejandro and Contreras Colleen
Bought by
Hong Darian S J and Hong Hyewon Yoon
Seller's Agent
Anthony Champy
RE/MAX Fine Properties
Buyer's Agent
Anthony Champy
RE/MAX Fine Properties
List Price
$12,000,000
Sold Price
$1,175,000
Premium/Discount to List
-$10,825,000
-90.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$750,000
Outstanding Balance
$530,009
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,175,827

Purchase Details

Listed on
Feb 25, 2016
Closed on
Jun 13, 2016
Sold by
Bright Angel Llc
Bought by
Contreras Alejandro Contreras and Contreras Colleen
Seller's Agent
Darwin Wall
Realty ONE Group
Buyer's Agent
Anthony Champy
RE/MAX Fine Properties
List Price
$1,094,000
Sold Price
$955,000
Premium/Discount to List
-$139,000
-12.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$764,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 25, 2016
Sold by
Tibshraeny Michael F and Paterick Tina
Bought by
Bright Angel Llc
Seller's Agent
Darwin Wall
Realty ONE Group
Buyer's Agent
Anthony Champy
RE/MAX Fine Properties
List Price
$1,094,000
Sold Price
$955,000
Premium/Discount to List
-$139,000
-12.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Paterick Tina
Bought by
Tibshraeny Michael F

Purchase Details

Closed on
Feb 4, 2005
Sold by
Tibshraeny Enterprises Ltd
Bought by
Tibshraeny Michael F

Purchase Details

Closed on
Jan 8, 2001
Sold by
Transnation Title Insurance Company
Bought by
Tierra Linda Llc

Purchase Details

Closed on
Jan 5, 2001
Sold by
Tierra Linda Llc
Bought by
Tibshraeny Enterprises Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $1,175,000 Empire West Title Agency Llc
Warranty Deed $955,000 First Arizona Title Agency
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- Transnation Title Insurance
Cash Sale Deed $110,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $209,600 Credit Line Revolving
Previous Owner $764,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $1,175,000 -90.2% $230 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $12,000,000 +1156.5% $2,348 / Sq Ft
06/16/2016 06/16/16 Sold $955,000 -4.5% $189 / Sq Ft
04/13/2016 04/13/16 Price Changed $999,900 -4.7% $198 / Sq Ft
03/22/2016 03/22/16 Price Changed $1,049,000 -4.1% $208 / Sq Ft
02/24/2016 02/24/16 For Sale $1,094,000 -- $217 / 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 $6,954 $80,970 -- --
2024 $6,811 $77,114 -- --
2023 $6,811 $120,610 $24,120 $96,490
2022 $6,581 $96,220 $19,240 $76,980
2021 $6,761 $89,820 $17,960 $71,860
2020 $6,717 $89,600 $17,920 $71,680
2019 $6,463 $86,420 $17,280 $69,140
2018 $6,257 $74,270 $14,850 $59,420
2017 $5,846 $72,110 $14,420 $57,690
2016 $1,845 $18,900 $18,900 $0
2015 $1,876 $15,344 $15,344 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Champy

    Seller's Agent in 2019

    Anthony Champy

    RE/MAX

    (602) 332-5337

    85 Total Sales

    Anthony Champy
    Section Image
  • Darwin Wall

    Seller's Agent in 2016

    Darwin Wall

    Realty ONE Group

    (602) 625-2075

    55 in this area

    361 Total Sales

    Darwin Wall
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jennifer Wall

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5993458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-635

Arizona Maricopa County Chandler 85249 South Chandler

2198 E Teakwood Place, Chandler, AZ

This home is located at 2198 E Teakwood Place, Chandler, AZ 85249 and is currently priced at $1,175,000, approximately $229 per square foot. This property was built in 2015. 2198 E Teakwood Place is a home located in Maricopa County with nearby schools including Jane D. Hull Elementary School, Santan Junior High School, and BASIS Chandler.

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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