NOT LISTED FOR SALE

2550 E Iris Dr Chandler, AZ 85286

South Chandler Neighborhood

Estimated Value: $758,208 - $789,000

4 Beds

3.5 Baths

2,821 Sq Ft

$274/Sq Ft Est. Value

Last sale price $370,000 $131 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,687/month

127 Days on Market

Highlights

Vaulted Ceiling
Granite Countertops
2 Car Direct Access Garage
Audrey & Robert Ryan Elementary School Rated A
Covered patio or porch
Eat-In Kitchen

About This Home

As of November 2017

Picture your family in this beautiful affordable neighborhood! This quality home is a 4 bedroom, possible 5 bedroom home, 3 1/2 baths. Easy care carpeting and attractive coordinating tile throughout. Spacious open common living area lends ease of entertaining...opens to large covered patio. The patio is entered from the family room and the master suite.
This home also offers POSSIBLE PRIVATE GUEST QTRS/IN-LAW QTRS with living room, bedroom, full bath! You would still have 3 bedrooms, 2 1/2 baths including large master suite located on opposite side of home.
This great level back yard is a blank slate...ready for your design and enhancements. Plenty of room for a nice sized pool here. Definitely a MUST-SEE! See Semi-private remarks.

Last Agent to Sell the Property

Maria Cohen

MC Dream Builders Realty, LLC License #BR580773000 Listed on: 06/09/2017

Last Buyer's Agent

Aartie Aiyer

Aartie Aiyer Realty LLC License #BR560106000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 2011 | Under Construction

Lot Details

8,785 Sq Ft Lot
Desert faces the front of the property
Block Wall Fence

HOA Fees

$75 Monthly HOA Fees

Parking

2 Car Direct Access Garage
Garage Door Opener

Home Design

Wood Frame Construction
Tile Roof
Stucco

Interior Spaces

2,821 Sq Ft Home
1-Story Property
Vaulted Ceiling
Ceiling Fan

Kitchen

Eat-In Kitchen
Breakfast Bar
Built-In Microwave
Kitchen Island
Granite Countertops

Bedrooms and Bathrooms

4 Bedrooms
Primary Bathroom is a Full Bathroom
3.5 Bathrooms
Dual Vanity Sinks in Primary Bathroom
Bathtub With Separate Shower Stall

Schools

Haley Elementary School
San Tan Elementary Middle School
Perry High School

Utilities

Refrigerated Cooling System
Heating System Uses Natural Gas
High Speed Internet
Cable TV Available

Additional Features

No Interior Steps
Covered patio or porch

Community Details

Association fees include street maintenance
Artesian Ranch Comm. Association, Phone Number (602) 906-4940
Built by Calex Homes
Artesian Ranch Subdivision

Listing and Financial Details

Tax Lot 93
Assessor Parcel Number 303-49-762

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 2011 | Under Construction

Lot Details

HOA Fees

$75 per month

Parking

Listing Details

Cross Street: Ocotillo Rd & Cooper Rd
Legal Info Range: 5E
Property Type: Residential
Ownership: Fee Simple
HOA #2: N
Association Fees Land Lease Fee: N
Recreation Center Fee 2: N
Recreation Center Fee: N
Total Monthly Fee Equivalent: 75.0
Basement: N
Parking Spaces Total Covered Spaces: 2.0
Separate Den Office Sep Den Office: N
Year Built: 2011
Tax Year: 2016
Directions: North on cooper, RT on Kibler, RT on Sequoia, RT on Halsted, LF on Iris to hm. OR: South on Gilbert Rd fm the 202 appx.2 mi, RT on Iris, immed left, RT on Lindl,wrap around to RT on Iris. Hm on right.
Property Sub Type: Single Family - Detached
Horses: No
Lot Size Acres: 0.2
Subdivision Name: ARTESIAN RANCH
New Construction: No
Property Attached Yn: No
ResoBuildingAreaSource: Builder
Association Fees:HOA Fee2: 75.0
Special Features: VirtualTour

Interior Features

Basement YN: No
Spa Features: None
Possible Bedrooms: 4
Total Bedrooms: 4
Fireplace Features: None
Fireplace: No
Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
Living Area: 2821.0
Stories: 1
ResoLivingAreaSource: Builder
Fireplace:No Fireplace: Yes
Kitchen Features:RangeOven Elec: Yes
Kitchen Features:Built-in Microwave: Yes
Kitchen Features:Granite Countertops: Yes
Kitchen Features:Kitchen Island: Yes
Kitchen Features Pantry: Yes
Other Rooms:Great Room: Yes
Kitchen Features:Walk-in Pantry: Yes

Exterior Features

Fencing: Block
Exterior Features: Covered Patio(s)
Lot Features: Desert Front, Dirt Back
Pool Features: None
Pool Private: No
Disclosures: Agency Discl Req, Seller Discl Avail
Construction Type: Painted, Stucco, Frame - Wood
Property Condition: Under Construction
Roof: Tile
Construction:Frame - Wood: Yes
Exterior Features:Covered Patio(s): Yes
Construction Status:Under Construction: Yes

Garage/Parking

Total Covered Spaces: 2.0
Parking Features: Dir Entry frm Garage, Electric Door Opener
Attached Garage: No
Garage Spaces: 2.0
Parking Features:Dir Entry frm Garage: Yes
Parking Features:Electric Door Opener: Yes

Utilities

Cooling: Refrigeration, Ceiling Fan(s)
Heating: Natural Gas
Water Source: City Water
Heating:Natural Gas: Yes

Condo/Co-op/Association

Association Fee: 75.0
Association Fee Frequency: Monthly
Association Name: Artesian Ranch Comm.
Phone: 602-906-4940
Association: Yes

Association/Amenities

Association Fees:HOA YN2: Y
Association Fees:HOA Transfer Fee2: 400.0
Association Fees:HOA Paid Frequency: Monthly
Association Fees:HOA Name4: Artesian Ranch Comm.
Association Fees:HOA Telephone4: (602) 906-4940
Association Fees:PAD Fee YN2: N
Association Fees:Cap ImprovementImpact Fee _percent_: $
Association Fees:HOA Management Phone: (602) 906-4940
Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
Association Fee Incl:Street Maint: Yes

Fee Information

Association Fee Includes: Street Maint

Schools

Elementary School: Haley Elementary
High School: Perry High School
Junior High Dist: Chandler Unified District
Middle Or Junior School: San Tan Elementary

Lot Info

Land Lease: No
Lot Size Sq Ft: 8785.0
Parcel #: 303-49-762
ResoLotSizeUnits: SquareFeet

Building Info

Builder Name: Calex Homes

Tax Info

Tax Annual Amount: 2729.0
Tax Book Number: 303.00
Tax Lot: 93
Tax Map Number: 49.00

Ownership History

Nov 2017 - Present Abbaraju Jayaram R and Abbaraju Lavanya 7 Years and 7 Months

Private Individual

Purchase Details

Listed on

Jun 9, 2017

Closed on

Nov 10, 2017

Sold by

Jackson Loria L and Jackson Iris R

Bought by

Abbaraju Jayaram R and Abbaraju Lavanya

Seller's Agent

Maria Cohen

MC Dream Builders Realty, LLC

Buyer's Agent

Aartie Aiyer

Aartie Aiyer Realty LLC

List Price

$439,000

Sold Price

$370,000

Premium/Discount to List

-$69,000

-15.72%

Total Days on Market

127

Current Estimated Value

$771,802

Estimated Appreciation

$401,802

Avg. Annual Appreciation

10.21%

Original Mortgage

$296,000

Interest Rate

3.85%

Mortgage Type

New Conventional

Sep 2011 - Nov 2017 Jackson Lorin and Jackson Iris R 6 Years and 2 Months

Private Individual

Purchase Details

Closed on

Sep 23, 2011

Sold by

Calex Homes Inc

Bought by

Jackson Lorin and Jackson Iris R

Original Mortgage

$263,973

Interest Rate

4.09%

Mortgage Type

FHA

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Abbaraju Jayaram R	$370,000	Empire West Title Agency Llc
Jackson Lorin	$270,050	First American Title
Calex Homes Inc	--	First American Title

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Abbaraju Jayaram R	$282,425
Closed	Abbaraju Jayaram R	$296,000
Previous Owner	Jackson Lorin	$263,973
Previous Owner	Artesian 186 Llc	$150,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
11/17/2017 11/17/17	Sold	$370,000	-6.3%	$131 / Sq Ft
08/02/2017 08/02/17	Price Changed	$394,900	-3.7%	$140 / Sq Ft
06/27/2017 06/27/17	Price Changed	$410,000	-6.6%	$145 / Sq Ft
06/09/2017 06/09/17	For Sale	$439,000	--	$156 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

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	$3,363	$42,639	--	--
2024	$3,288	$40,608	--	--
2023	$3,288	$55,450	$11,090	$44,360
2022	$3,166	$42,230	$8,440	$33,790
2021	$3,278	$39,300	$7,860	$31,440
2020	$3,262	$37,220	$7,440	$29,780
2019	$3,138	$34,900	$6,980	$27,920
2018	$3,037	$32,870	$6,570	$26,300
2017	$2,833	$31,620	$6,320	$25,300
2016	$2,729	$31,280	$6,250	$25,030
2015	$2,641	$27,200	$5,440	$21,760

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2017

Maria Cohen

MC Dream Builders Realty, LLC

(928) 970-2057

13 Total Sales

Maria Cohen
Buyer's Agent in 2017

Aartie Aiyer

Aartie Aiyer Realty LLC

(480) 242-8573

16 in this area

116 Total Sales

Aartie Aiyer

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618151

APN: 303-49-762

Arizona Maricopa County Chandler 85286 South 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.

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

Nearby Homes

2550 E Iris Dr Chandler, AZ 85286

Last Sold November 17, 2017

Highlights

About This Home

Home Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Similar Homes in Chandler, AZ

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map