NOT LISTED FOR SALE

2505 W Summit Place Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $547,000 - $589,000

4 Beds
2 Baths
2,055 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $412,000 $200 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,154/month

5 Days on Market

Highlights

  • Private Pool
  • 0.2 Acre Lot
  • Covered patio or porch
  • Franklin at Brimhall Elementary School Rated A
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of October 2023

This ranch-style home features 4 bedrooms, 2 bathrooms, a diving pool, a spacious lot, and a two-car garage. The property is located close to the Phoenix metropolitan area, providing convenient access to neighboring shopping, dining, and freeways with endless opportunities to customize and add your personal style.

Last Agent to Sell the Property

Armando Roman

Keller Williams Realty Sonoran Living License #SA686563000 Listed on: 09/27/2023

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Tanner Hertzog

K & C Realty LLC License #SA694052000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1980

Lot Details

  • 8,507 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Covered patio or porch

Schools

  • John M Andersen Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 376
  • Assessor Parcel Number 302-87-705

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Carriage Lane 8 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,821

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2005
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2022
  • Directions: Guadalupe & the 101 Directions: East from the 101 to Carriage Lane-S(R)to Straford-W(R)to Summit-N(R)to house
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: CARRIAGE LANE 8
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 2055.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Irrigation Back
  • Pool Features: Variable Speed Pump, Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Not Managed, 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: John M Andersen Elementary School
  • High School: Chandler High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: John M Andersen Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8507.0
  • Parcel #: 302-87-705
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1821.0
  • Tax Book Number: 302.00
  • Tax Lot: 376
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Jan 31, 2024
Sold by
Vdw Investments Llc
Bought by
Brooks Kristen
Seller's Agent
Crystal Phan
Real Broker
Buyer's Agent
Linda LeBlang
RE/MAX Fine Properties
List Price
$590,000
Sold Price
$572,000
Premium/Discount to List
-$18,000
-3.05%
Total Days on Market
5
Views
88
Current Estimated Value
$565,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,703
Avg. Annual Appreciation
-0.88%
Original Mortgage
$529,150
Outstanding Balance
$522,355
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$42,942

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 17, 2023
Sold by
Mcloughlin Neal E and Mcloughlin Jennifer B
Bought by
Vdw Investments Llc
Seller's Agent
Armando Roman
Keller Williams Realty Sonoran Living
Buyer's Agent
Tanner Hertzog
K & C Realty LLC
List Price
$417,000
Sold Price
$412,000
Premium/Discount to List
-$5,000
-1.2%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
198.54%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Rednour William B and Rednour Susan D
Bought by
Mcloughlin Neal E and Mcloughlin Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1997
Sold by
Miller Richard L
Bought by
Rednour William B and Rednour Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
7.36%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Brooks Kristen $557,000 Stewart Title & Trust Of Phoen
Vdw Investments Llc $412,000 Fidelity National Title Agency
Mcloughlin Neal E $159,900 Old Republic Title Agency
Rednour William B $119,200 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kristen $529,150
Previous Owner Mcloughlin Jennifer B $65,000
Previous Owner Mcloughlin Neal E $190,000
Previous Owner Mcloughlin Neal E $151,905
Previous Owner Rednour William B $107,550
Previous Owner Miller Richard L $90,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $412,000 -1.2% $200 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $417,000 -- $203 / 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 $1,851 $21,749 -- --
2024 $1,872 $20,713 -- --
2023 $1,872 $40,720 $8,140 $32,580
2022 $1,821 $29,100 $5,820 $23,280
2021 $1,831 $26,980 $5,390 $21,590
2020 $1,811 $25,120 $5,020 $20,100
2019 $1,667 $23,360 $4,670 $18,690
2018 $1,619 $21,660 $4,330 $17,330
2017 $1,557 $20,310 $4,060 $16,250
2016 $1,523 $20,070 $4,010 $16,060
2015 $1,433 $17,900 $3,580 $14,320
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Armando Roman

    Keller Williams Realty Sonoran Living

    (480) 759-4300

    Section Image

  • T

    Buyer's Agent in 2023

    Tanner Hertzog

    K & C Realty LLC

    (480) 822-8898

    1 in this area

    227 Total Sales

    Tanner Hertzog
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6608247

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-87-705

Arizona Maricopa County Chandler 85224 Central Ridge

2505 W Summit Place, Chandler, AZ

This home is located at 2505 W Summit Place, Chandler, AZ 85224 since 27 September 2023 and is currently estimated at $565,297, approximately $275 per square foot. This property was built in 1980. 2505 W Summit Place is a home located in Maricopa County with nearby schools including Pomeroy Elementary School, Franklin at Brimhall Elementary School, and Franklin Accelerated Academy Jordan Campus.

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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