NOT LISTED FOR SALE

2492 E Elmwood Place Unit 146 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $2,594,000 - $3,567,000

0.85 Acre
$3,400,792 Price per Acre
37,026 Sq Ft Lot

Last Sold April 22, 2016

Last sale price $305,000

Est. 848% increase in value since last sale

Current estimated payment $16,970/month

156 Days on Market

Highlights

  • Horses Allowed On Property
  • 0.85 Acre Lot
  • Partially Fenced Property
  • Jane D. Hull Elementary School Rated A
  • Mountain View
  • Level Lot

About This Lot

As of April 2016

Your chance to build YOUR DREAM HOME in one of Chandler's most Prestigious Communities. Nearly a full acre North/South facing lot in Circle G @ Riggs Ranch. Some neighboring homes are valued up to nearly $2 million. Award Winning Chandler Schools, Close to new Shopping & Dining, the Chandler Airpark, and the 202 Freeway. On quiet low traffic street.

Last Listed By

Erik Bevan

American Realty Brokers License #SA545923000 Listed on: 09/23/2015

American Realty Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,725

Year Built

  • 2019

Lot Details

  • 0.85 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Level Lot
  • Property is zoned Residential Lot

HOA Fees

  • $40 Monthly HOA Fees

Schools

  • Jane D. Hull Elementary School
  • San Tan Elementary Middle School
  • Basha High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • Circle G At Riggs Association, Phone Number (480) 704-2900
  • Circle G At Riggs Homestead Ranch Unit 4 Subdivision

Listing and Financial Details

  • Tax Lot 146
  • Assessor Parcel Number 303-55-166

Property Details

Property Type

Land

Est. Annual Taxes

$2,725

Year Built

2019

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Cross Street: Cooper and Chandler Heights
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: Residential Lot
  • Tax Year: 2015
  • Directions: East on Chandler Heights Rd, South on Riggs Ranch Road, West on Elmwood Place to first vacant Lot on right.
  • Horses: Yes
  • Lot Size Acres: 0.85
  • Road Surface Type: Asphalt
  • Subdivision Name: CIRCLE G AT RIGGS HOMESTEAD RANCH UNIT 4
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Irr Ditch(es)-Lined

Condo/Co-op/Association

  • Annual HOA Fees: 120.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 4807042900
  • Association Fee: 120.0
  • Association Fee Frequency: Quarterly
  • Association Name: Circle G at Riggs
  • Phone: 480-704-2900
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 222 x 166
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 36895.0
  • Additional Parcels: No
  • Parcel #: 303-55-166
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2725.0
  • Tax Book Number: 303.00
  • Tax Lot: 146
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Apr 18, 2016
Sold by
Thane Properties Llc
Bought by
Salazar Ray
Seller's Agent
Erik Bevan
American Realty Brokers
Buyer's Agent
Bradley Potter
HomeSmart
List Price
$339,000
Sold Price
$305,000
Premium/Discount to List
-$34,000
-10.03%
Total Days on Market
156
Current Estimated Value
$2,890,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,585,673
Avg. Annual Appreciation
28.07%
Original Mortgage
$194,250
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bevan Erik T
Bought by
Thane Properties Llc

Purchase Details

Closed on
Jan 4, 2000
Sold by
Bevan Amy K
Bought by
Bevan Erik T

Purchase Details

Closed on
Mar 12, 1998
Sold by
Transnation Title Insurance Company
Bought by
Riggs Homestead Ranch Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1998
Sold by
Riggs Homestead Ranch Development Llc
Bought by
Bevan Erik T and Bevan Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
6.62%
Mortgage Type
New Conventional

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
Salazar Ray $298,900 Security Title Agency Inc
Thane Properties Llc -- --
Bevan Erik T -- --
Riggs Homestead Ranch Development -- Lawyers Title Of Arizona Inc
Bevan Erik T $83,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Ray $250,000
Open Salazar Ray $1,747,000
Closed Salazar Ray $1,760,000
Closed Salazar Ray $194,250
Previous Owner Bevan Erik T $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $305,000 -10.0% --
02/26/2016 02/26/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $339,000 -- --
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 $8,987 $95,826 -- --
2024 $8,818 $91,263 -- --
2023 $8,818 $169,880 $33,970 $135,910
2022 $8,545 $130,670 $26,130 $104,540
2021 $8,750 $122,170 $24,430 $97,740
2020 $8,697 $107,260 $21,450 $85,810
2019 $3,043 $37,965 $37,965 $0
2018 $2,948 $36,045 $36,045 $0
2017 $2,777 $30,240 $30,240 $0
2016 $2,671 $28,335 $28,335 $0
2015 $2,725 $22,592 $22,592 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5338478

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-166