Seller's Agent in 2021
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
(602) 264-8400
5 in this area
23 Total Sales
261 W Elgin St Chandler, AZ 85225
Downtown Chandler NeighborhoodEstimated Value: $372,000 - $775,000
--
Bed
3
Baths
750
Sq Ft
$820/Sq Ft
Est. Value
Highlights
- Cooling Available
- Vinyl Flooring
- Heating System Uses Natural Gas
- Bogle Junior High School Rated A
About This Home
As of August 2021Within walking distance to Downtown Chandler. House and triplex. Property sits on two lots that total over a 1/4 acre. House is approximately 1239SF, built in 1950 and has 3 beds, 1 bath, with an office and a large laundry area. The triplex consists of all 2 bed/1 bath apartments and was built in 1984. All units have washer dryer hookups and private yards. House has all new synthetic stucco, all new landscaping with pavers, new shingles and some new decking, The interior of the house has all new appliances, new kitchen and bath counters and cabinets, new waterproof vinyl plank flooring, new water heater, new plumbing, new electrical, new interior doors, new front door, new dual pane windows, new tub and tub surround, new lighting, new texture, and new paint. One of the apartments has been remodeled with new texture, paint, kitchen & bath counters and cabinets, new interior doors, new wood look plank flooring, new ceiling fans, lighting, new appliances, and new block fencing with RV gate and RV electrical hookup. The roof in the triplex has a new second layer of shingles, some of the siding was replaced, exterior paint , and new landscaping to include pavers and synthetic grass. Currently, three units are occupied $1150/month on the remodeled apartment and $750/month on the two that are not remodeled. The house is currently vacant. New A/C has been installed on the house on 7/23/21. Current water bill has been averaging just under $150/month. Taxes on both lots for 2020 total $1542/year. THERE ARE NO HISTORICAL FINANCIALS AVAILABLE. There is gas to the property but is currently only being used for heat in the house. All units on package A/C's. PROPERTY IS LOCATED WITHIN AN OPPORTUNITY ZONE.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 07/08/2021
Last Buyer's Agent
Shamile Botzman
Cluff Real Estate LLC License #SA633919000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,542
Year Built
- Built in 1950
Lot Details
- 6,534
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
- Stucco
Parking
- 2 Open Parking Spaces
- 10 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Individual Controls for Heating
Additional Features
- Vinyl Flooring
- Additional Parcels
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 303-19-099-C
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 100 x 130
Building Details
- Operating Expense $8,142
- Gross Income $54,150
- Net Operating Income $46,008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2022
Sold by
James Botzman Erik and James Shamile
Bought by
Kimchi Llc
Current Estimated Value
Purchase Details
Listed on
Jul 8, 2021
Closed on
Aug 9, 2021
Sold by
Holsinger Wayne T and The Holsinger Family Revocable
Bought by
Botzman Erik James and Botzman Shamile
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Shamile Botzman
Cluff Real Estate LLC
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 20, 2020
Closed on
Jan 6, 2021
Sold by
Bautista Ramiro A and Bautista Luz N
Bought by
Holsinger Wayne T and The Herminia Family Revocable
Seller's Agent
William Ryan
Infinity & Associates Real Estate
Buyer's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
List Price
$350,000
Sold Price
$397,500
Premium/Discount to List
$47,500
13.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.72%
Purchase Details
Closed on
Apr 20, 2006
Sold by
Kalatsky Matthew and Kalatsky Dana Hale
Bought by
Bautista Ramiro A and Bautista Luz N
Purchase Details
Closed on
Dec 8, 2002
Sold by
Juarez Lilia
Bought by
Kalatsky Matthew and Kalatsky Dana Hale
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
8.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 25, 2002
Sold by
Meade Adell M
Bought by
Juarez Lilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.15%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kimchi Llc | -- | None Listed On Document | |
| Botzman Erik James | $690,000 | Great American Ttl Agcy Inc | |
| Holsinger Wayne T | $397,500 | Title Alliance Infinity Agcy | |
| Bautista Ramiro A | $255,000 | Title Guaranty Agency Of Az | |
| Kalatsky Matthew | $225,000 | Security Title Agency | |
| Juarez Lilia | $114,900 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Botzman Erik James | $548,250 | |
| Previous Owner | Kalatsky Matthew | $216,600 | |
| Previous Owner | Juarez Lilia | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $690,000 | -1.4% | $920 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $699,900 | +1.4% | $933 / Sq Ft |
| 07/08/2021 07/08/21 | Off Market | $690,000 | -- | -- |
| 01/08/2021 01/08/21 | Sold | $397,500 | +13.6% | $530 / Sq Ft |
| 11/22/2020 11/22/20 | Pending | -- | -- | -- |
| 11/20/2020 11/20/20 | For Sale | $350,000 | -- | $467 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,430 | $15,547 | -- | -- |
| 2024 | $1,403 | $14,806 | -- | -- |
| 2023 | $1,403 | $59,410 | $6,600 | $52,810 |
| 2022 | $1,359 | $40,200 | $4,460 | $35,740 |
| 2021 | $1,397 | $33,410 | $3,710 | $29,700 |
| 2020 | $1,389 | $30,960 | $3,440 | $27,520 |
| 2019 | $1,340 | $20,910 | $2,320 | $18,590 |
| 2018 | $1,302 | $18,370 | $2,040 | $16,330 |
| 2017 | $1,223 | $20,080 | $2,230 | $17,850 |
| 2016 | $1,182 | $17,700 | $1,960 | $15,740 |
| 2015 | $1,133 | $16,570 | $1,840 | $14,730 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Gaffney
-
W
Seller's Agent in 2021
William Ryan
Infinity & Associates Real Estate
-
J
Seller Co-Listing Agent in 2021
Jared Ryan
Infinity & Associates Real Estate
-
S
Buyer's Agent in 2021
Shamile Botzman
Cluff Real Estate LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6248799
APN: 303-19-099C
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
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