NOT LISTED FOR SALE

264 N Chippewa Place Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $501,560

-- Bed
-- Bath
2,050 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $320,000 $156 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,999/month

129 Days on Market

Highlights

  • Carpet
  • Chandler High School Rated A-
  • Heating Available

About This Home

As of August 2019

OWNER SAYS TO MOVE IT! Price to be systematically reduced until SOLD!
Professionally maintained office building divided into 4 suites ranging in size from 337 square feet to 603 square feet. Each suite has a private bathroom. All suites currently occupied with one lease coming up in Sept 2019.

Walking distance to Chase Bank, Wells Fargo, Bank of American, Western State Bank, Starbucks, restaurants, and other neighborhood stores.

Last Listed By

Brent Hickey

Central Real Estate Co License #BR014018000 Listed on: 02/19/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1979

Lot Details

  • 8,228 Sq Ft Lot
  • Property is zoned MF2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,050 Sq Ft Home
  • Carpet

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 302-74-076

Community Details

Overview

  • Arrowhead Meadows 2 Subdivision

Building Details

  • Operating Expense $5,125
  • Net Operating Income $26,410

Property Details

Property Type

Other

Est. Annual Taxes

$2,425

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Chippewa Place and Chandler Boulevard
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: MF2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2018
  • Directions: North on Chippewa Place from Chandler Boulevard - on west side of Chippewa Place.
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: ARROWHEAD MEADOWS 2
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 2050.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 8228.0
  • Parcel #: 302-74-076
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 26410.0
  • Annual Operating Expense: 5125.0

Tax Info

  • Tax Annual Amount: 2425.0
  • Tax Book Number: 302.00
  • Tax Lot: 20
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Jul 26, 2019
Sold by
264 N Chippewa Llc
Bought by
Yick Keung Benevolent Association
Seller's Agent
Brent Hickey
Central Real Estate Co
Buyer's Agent
George Bliss
ProSmart Realty
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Total Days on Market
129
Current Estimated Value
$501,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,560
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
May 1, 2008
Sold by
Clements Agnew Sue and The Sueclements Agnew Trust
Bought by
264 N Chippewa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1997
Sold by
Clements Sue B
Bought by
Clements Agnew Sue and The Sue Clements Agnew Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yick Keung Benevolent Association $320,000 North American Title Company
264 N Chippewa Llc $250,000 Transnation Title Ins Co
Clements Agnew Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 264 N Chippewa Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $320,000 -1.7% $156 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $325,500 -0.3% $159 / Sq Ft
06/13/2019 06/13/19 Price Changed $326,500 -0.6% $159 / Sq Ft
06/05/2019 06/05/19 Price Changed $328,500 -0.3% $160 / Sq Ft
05/30/2019 05/30/19 Price Changed $329,500 -0.2% $161 / Sq Ft
05/21/2019 05/21/19 Price Changed $330,000 -0.5% $161 / Sq Ft
04/29/2019 04/29/19 Price Changed $331,500 -1.2% $162 / Sq Ft
04/22/2019 04/22/19 Price Changed $335,500 -0.6% $164 / Sq Ft
04/10/2019 04/10/19 Price Changed $337,500 -0.6% $165 / Sq Ft
02/27/2019 02/27/19 Price Changed $339,500 -0.1% $166 / Sq Ft
02/19/2019 02/19/19 For Sale $339,900 -- $166 / 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 $2,446 $25,778 -- --
2024 $2,472 $25,318 -- --
2023 $2,472 $61,642 $27,965 $33,677
2022 $2,464 $58,240 $22,225 $36,015
2021 $2,605 $53,982 $22,860 $31,122
2020 $2,591 $49,968 $22,662 $27,306
2019 $2,500 $38,250 $22,122 $16,128
2018 $2,429 $36,648 $14,958 $21,690
2017 $2,282 $33,498 $13,842 $19,656
2016 $2,204 $30,150 $12,366 $17,784
2015 $2,172 $18,686 $7,974 $10,712
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brent Hickey

    Central Real Estate Co

    (480) 707-7444

    3 Total Sales

    Brent Hickey
    Section Image
  • George Bliss

    Buyer's Agent in 2019

    George Bliss

    ProSmart Realty

    (480) 807-8237

    11 Total Sales

    George Bliss
    Section Image

  • G

    Buyer's Agent in 2019

    George F Bliss III

    Bliss Realty & Investments

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5885174

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-74-076

Arizona Maricopa County Chandler 85224 Central Ridge

264 N Chippewa Place, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 264 N Chippewa Place, Chandler, AZ 85224 since 19 February 2019 and is currently estimated at $501,560, approximately $244 per square foot. This property was built in 1979. 264 N Chippewa Place is a home located in Maricopa County with nearby schools including San Marcos Elementary School, Chandler High School, and Andersen Junior High School.

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

Nearby Homes