NOT LISTED FOR SALE

245 N Colorado St Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $333,000 - $514,685

2 Beds
1 Bath
1,678 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $315,000 $188 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,366/month

3 Days on Market

Highlights

  • Guest House
  • 0.17 Acre Lot
  • Evaporated cooling system
  • Chandler High School Rated A-
  • No HOA
  • 3-minute walk to Armstrong Park

About This Home

As of June 2022

Amazing investment opportunity! Hard to find, central Chandler, single level home on a large lot. Minutes from the US 60, Loop 101 and Loop 202. Walking distance to Chandler High School and Old Downtown Chandler! Use your imagination and home improvement skills to really make this home perfect for your style. This home offers two bedrooms and one remodeled bathroom with walk in shower. The home also has an attached casita featuring one bedroom, one bathroom and full kitchen. Great opportunities await you including options to enclose the carport to add square footage, plenty of backyard to add a pool or gazebo.

Last Agent to Sell the Property

James Oestmann

W and Partners, LLC License #SA682490000 Listed on: 05/24/2022

W and Partners, LLC

Last Buyer's Agent

Robby Rayburn

PPG Property Management, LLC License #SA568967000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1942

Lot Details

  • 7,536 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Open Parking Spaces
  • 1 Carport Space

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Storage
  • Guest House
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Chandler Subdivision

Listing and Financial Details

  • Tax Lot 381
  • Assessor Parcel Number 302-62-136

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave & Chandler Blvd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1942
  • Tax Year: 2021
  • Directions: Head East on Chandler Blvd from Arizona Ave. Turn North on Colorado St.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: CHANDLER
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Laminate Counters
  • Living Area: 1678.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Other Structures: Guest House
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7536.0
  • Parcel #: 302-62-136
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 638.0
  • Tax Book Number: 302.00
  • Tax Lot: 381
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Degarduno Guadalupe Garcia
Bought by
Gonzalez Jose Alexis
Current Estimated Value
$437,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$478,311
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
-$40,390

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 2, 2022
Sold by
Alice L Parish Trust
Bought by
Degarduno Guadalupe Garcia
Seller's Agent
James Oestmann
W and Partners, LLC
Buyer's Agent
Robby Rayburn
PPG Property Management, LLC
List Price
$290,000
Sold Price
$315,000
Premium/Discount to List
$25,000
8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$260,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Source: Public Records

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
Gonzalez Jose Alexis $500,000 Empire Title Agency
Degarduno Guadalupe Garcia $315,000 Magnus Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose Alexis $77,016
Open Gonzalez Jose Alexis $490,943
Previous Owner Degarduno Guadalupe Garcia $360,000
Previous Owner Degarduno Guadalupe Garcia $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $315,000 +8.6% $188 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $290,000 -- $173 / 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 $645 $8,391 -- --
2024 $631 $7,991 -- --
2023 $631 $30,230 $6,040 $24,190
2022 $733 $21,370 $4,270 $17,100
2021 $638 $20,160 $4,030 $16,130
2020 $636 $17,850 $3,570 $14,280
2019 $611 $15,600 $3,120 $12,480
2018 $592 $13,600 $2,720 $10,880
2017 $552 $9,200 $1,840 $7,360
2016 $532 $8,470 $1,690 $6,780
2015 $515 $8,060 $1,610 $6,450
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Oestmann

    W and Partners, LLC

    (602) 953-4000

    2 in this area

    14 Total Sales

    James Oestmann
    Section Image

  • R

    Buyer's Agent in 2022

    Robby Rayburn

    PPG Property Management, LLC

    (623) 694-9016

    2 in this area

    27 Total Sales

    Robby Rayburn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6405304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-136

Arizona Maricopa County Chandler 85225 Downtown Chandler

245 N Colorado St, Chandler, AZ

This home is located at 245 N Colorado St, Chandler, AZ 85225 since 24 May 2022 and is currently estimated at $437,921, approximately $260 per square foot. This property was built in 1942. 245 N Colorado St is a home located in Maricopa County with nearby schools including Galveston Elementary School, Chandler High School, and Willis Junior High School.

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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