NOT LISTED FOR SALE

255 W Frye Rd Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $395,000 - $696,000

-- Bed
-- Bath
1,050 Sq Ft
$549/Sq Ft Est. Value

Last Sold November 28, 2014

Last sale price $179,500 $171 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $3,152/month

9 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Bogle Junior High School Rated A

About This Home

As of November 2014

Great investment opportunity. Never a vacant unit. Long term tenants. Two well maintained duplexes. Traditional sale. Close to schools, freeways, shopping. convenient Chandler location.

Last Agent to Sell the Property

Yoscelinda Rooze

Superlative Realty License #SA548468000 Listed on: 10/03/2014

Superlative Realty

Last Buyer's Agent

Jan Long

West USA Realty License #SA037234000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1981

Lot Details

  • 8,276

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water
  • Tax Lot MB
  • Assessor Parcel Number 303-19-038-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 297.6X4

Building Details

  • Operating Expense $4,337
  • Net Operating Income $21,818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$716

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Frye Rd & Arizona Ave
  • Property Type: Multiple Dwellings
  • Zoning: MF1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2013
  • Directions: West on Frye to Property
  • Road Surface Type: Asphalt
  • Subdivision Name: Unknown
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1536.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 297.6X4
  • Additional Parcels: No
  • Parcel #: 303-19-038-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1585.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 21818.0
  • Annual Operating Expense: 4337.0

Tax Info

  • Tax Annual Amount: 716.0
  • Tax Book Number: 303.00
  • Tax Lot: MB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2018
Sold by
Khatri Shahjehan A and Khatri Femidabanu M
Bought by
Khatri Shahjehan A and Khatri Femidabanu M
Current Estimated Value
$576,633

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 28, 2014
Sold by
Olvera Luis
Bought by
Khatri Shahjehan and Khatri Femidabanu
Seller's Agent
Yoscelinda Rooze
Superlative Realty
Buyer's Agent
Jan Long
West USA Realty
List Price
$179,500
Sold Price
$179,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$100,800
Outstanding Balance
$79,294
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$497,339

Purchase Details

Closed on
Dec 21, 2001
Sold by
Muncy Gordon K and Muncy Mary
Bought by
Olvera Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,757
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1994
Sold by
Foster James C and Foster Sharon P
Bought by
Muncy Gordon K and Muncy Mary
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
Khatri Shahjehan A -- None Available
Khatri Shahjehan $168,000 Clear Title Agency
Olvera Luis -- Arizona Title Agency Inc
Muncy Gordon K -- Stewart Title & Trust
Muncy Gordon K $43,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Shahjehan $100,800
Previous Owner Olvera Luis $152,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2014 11/28/14 Sold $179,500 0.0% $171 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $179,500 -- $171 / 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 $1,145 $12,443 -- --
2024 $1,123 $11,850 -- --
2023 $1,123 $42,020 $8,400 $33,620
2022 $1,087 $29,060 $5,810 $23,250
2021 $1,118 $24,400 $4,880 $19,520
2020 $1,112 $23,100 $4,620 $18,480
2019 $1,073 $16,060 $3,210 $12,850
2018 $1,042 $14,370 $2,870 $11,500
2017 $979 $14,900 $2,980 $11,920
2016 $946 $12,780 $2,550 $10,230
2015 $907 $11,810 $2,360 $9,450
Source: Public Records

Agents Affiliated with this Home

  • Yoscelinda Rooze

    Seller's Agent in 2014

    Yoscelinda Rooze

    Superlative Realty

    (480) 577-5655

    6 Total Sales

    Yoscelinda Rooze
    Section Image

  • J

    Buyer's Agent in 2014

    Jan Long

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5181198

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-19-038A

Arizona Maricopa County Chandler 85225 Downtown Chandler

255 W Frye Rd, Chandler, AZ

This home is located at 255 W Frye Rd, Chandler, AZ 85225 since 03 October 2014 and is currently estimated at $576,633, approximately $549 per square foot. This property was built in 1981. 255 W Frye Rd is a home located in Maricopa County with nearby schools including San Marcos Elementary School, Bogle Junior High School, and Champion Schools 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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