$760,000
SOLD MAY 20, 2025
-- Bed
-- Bath
1,020 Sq Ft
7,536 Sq Ft Lot

Recently Sold

$745 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Central Heating and Cooling System
  • Vinyl Flooring
  • 4-minute walk to Armstrong Park
  • Chandler High School Rated A-

About This Home

As of May 2025

Discover this Newly Built, fully renovated Craftsman style duplex in the heart of Downtown Chandler! Each unit features 3 bedrooms, 2 bathrooms, and modern, high-end finishes throughout. With zero maintenance needed for years to come, this property is truly turnkey—perfect for investors or owner-occupants looking for a hassle-free duplex. Enjoy the convenience of a prime location, just minutes and walking distance from top dining, shopping, and entertainment. Don't miss this rare opportunity to own a low-maintenance, high-return property in one of Chandler's most desirable areas!

Last Agent to Sell the Property

Jacob Landis

Kenneth James Realty License #SA659174000 Listed on: 03/31/2025

Kenneth James Realty

Last Buyer's Agent

Chris Scott

HomeSmart License #SA650343000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 2020

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Cement Siding

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Additional Features

  • Vinyl Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 374
  • Assessor Parcel Number 302-62-129

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50x150
  • Chandler Subdivision

Building Details

  • Operating Expense $3,606
  • Gross Income $55,860
  • Net Operating Income $55,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,606

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd and Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2020
  • Tax Year: 2024
  • Directions: From Arizona ave go East on Chandler Blvd then North on Delaware St. Property is on West side of Street
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Cement Siding: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Cement Siding, Wood Frame
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 50x150
  • Additional Parcels: No
  • Parcel #: 302-62-129

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 55860.0
  • Property Net Operating Income: 55860.0
  • Annual Operating Expense: 3606.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3606.0
  • Tax Book Number: 302.00
  • Tax Lot: 374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
May 12, 2025
Sold by
Viking Property Holdings Llc
Bought by
Fahmy Ramez and Fahmy Karim
Seller's Agent
Jacob Landis
Kenneth James Realty
Buyer's Agent
Chris Scott
HomeSmart
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
17
Current Estimated Value
$785,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,642
Avg. Annual Appreciation
10.93%
Original Mortgage
$440,000
Outstanding Balance
$439,221
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$346,421

Purchase Details

Listed on
Mar 31, 2025
Closed on
Apr 30, 2025
Sold by
Rotvold Luke Daniel and Sage Tia
Bought by
Viking Real Estate Investments Llc
Seller's Agent
Jacob Landis
Kenneth James Realty
Buyer's Agent
Chris Scott
HomeSmart
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$439,221
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$346,421

Purchase Details

Closed on
Jul 2, 2021
Sold by
Viking Real Estate Investments Llc
Bought by
Rotvold Luke Daniel and Rotvold Sage Tia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2018
Sold by
Martinez Robert W
Bought by
Viking Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,950
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2000
Sold by
Martinez Indercio and Martinez Beatrice W
Bought by
Martinez Indercio and Martinez Julio
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 Type Sale Price Title Company
Warranty Deed $760,000 American Title Service Agency
Warranty Deed -- None Listed On Document
Warranty Deed -- Yavapai Title Agency Inc
Warranty Deed $85,000 Fidelity National Title Agen
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $280,000 Commercial
Previous Owner $231,000 Commercial
Previous Owner $230,968 Commercial
Previous Owner $72,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $760,000 -4.9% $745 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $799,000 -- $783 / 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 $3,606 $39,192 -- --
2024 $3,537 $37,325 -- --
2023 $3,537 $70,270 $14,050 $56,220
2022 $3,425 $50,530 $10,100 $40,430
2021 $450 $14,320 $2,860 $11,460
2020 $448 $12,720 $2,540 $10,180
2019 $432 $10,720 $2,140 $8,580
2018 $353 $8,430 $1,680 $6,750
2017 $329 $5,560 $1,110 $4,450
2016 $317 $4,280 $850 $3,430
2015 $308 $3,980 $790 $3,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6843713

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-129