NOT LISTED FOR SALE

248 N Chippewa Place Unit 21 Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $233,000 - $807,000

0.19 Acre
$2,032,653 Price per Acre
8,224 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $245,000

Est. 58% increase in value since last sale

Current estimated payment $2,090/month

9 Days on Market

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Level Lot
  • Chandler High School Rated A-

About This Lot

As of October 2023

Fantastic opportunity to buy one of the last lots of it's kind in a great Chandler location. Zoned for commercial/multi-family; near downtown Chandler, tons of restaurants, shopping and easy access to the 101 & 202 freeways. Surrounded by plenty of residential and commercial real estate.

Last Agent to Sell the Property

Jessica Bays

My Home Group Real Estate License #SA641624000 Listed on: 10/09/2023

My Home Group Real Estate

Co-Listed By

Lesley Pelkey

My Home Group Real Estate License #SA568139000

Last Buyer's Agent

Karla Ramirez Howard

HomeSmart License #SA669211000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $580

Lot Details

  • 8,224 Sq Ft Lot
  • Level Lot
  • Property is zoned MF-2

Schools

  • Erie Elementary School
  • Arizona College Prep High Middle School
  • Chandler High School

Community Details

  • No Home Owners Association
  • Arrowhead Meadows 2 Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 302-74-077

Property Details

Property Type

Land

Est. Annual Taxes

$580

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd & Alma School
  • Property Type: Land
  • Topography: Level
  • Zoning: MF-2
  • Tax Year: 2022
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: Arrowhead Meadows 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Office

Exterior Features

  • Fencing: None
  • Lot Features: See Remarks
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks), SRP
  • Water Source: Other, City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Erie Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Arizona College Prep High School

Lot Info

  • Lot Size: 82 x 100
  • Lot Size Sq Ft: 8224.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 302-74-077
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 580.0
  • Tax Book Number: 302.00
  • Tax Lot: 21
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Oct 18, 2023
Sold by
Valley Wide Custom Flooring Llc
Bought by
Llaca Julio Cesar Bustam
Seller's Agent
Jessica Bays
My Home Group Real Estate
Buyer's Agent
Karla Ramirez Howard
HomeSmart
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$386,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,204
Avg. Annual Appreciation
24.36%

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 11, 2021
Sold by
Chippewa Plaza Llc
Bought by
Valley Wide Custom Florring Llc
Seller's Agent
Michael Hickey
Central Real Estate Co
Buyer's Agent
Jared Ryan
Vega and Associates Real Estate
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Hickey Greg and Hickey Kathy L
Bought by
Chippewa Plaza Llc

Purchase Details

Closed on
Oct 5, 2004
Sold by
Posada Group 2001 Llc
Bought by
Hickey Greg and Hickey Kathy L

Purchase Details

Closed on
Feb 20, 2002
Sold by
Posada Group Ltd Partnership
Bought by
Posada Group 2001 Llc

Purchase Details

Closed on
Feb 8, 1995
Sold by
Maricopa County
Bought by
Posada Group Ltd Partnership
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
Llaca Julio Cesar Bustam $245,000 Security Title Agency
Valley Wide Custom Florring Llc $150,000 Title Alliance Infinity Agcy
Chippewa Plaza Llc $60,000 Transnation Title
Hickey Greg -- --
Posada Group 2001 Llc -- Transnation Title Insurance
Posada Group Ltd Partnership -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $245,000 -7.5% --
10/09/2023 10/09/23 Price Changed $265,000 0.0% --
10/09/2023 10/09/23 For Sale $265,000 0.0% --
09/01/2023 09/01/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $265,000 +76.7% --
02/12/2021 02/12/21 Sold $150,000 -6.2% --
01/16/2021 01/16/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $159,900 -- --
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 $611 $6,640 $6,640 --
2024 $599 $6,324 $6,324 --
2023 $599 $14,340 $14,340 $0
2022 $580 $11,760 $11,760 $0
2021 $596 $10,545 $10,545 $0
2020 $593 $10,410 $10,410 $0
2019 $572 $8,520 $8,520 $0
2018 $556 $6,735 $6,735 $0
2017 $523 $5,730 $5,730 $0
2016 $505 $4,281 $4,281 $0
2015 $542 $4,566 $4,566 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6595469

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-74-077