NOT LISTED FOR SALE

2759 E Chandler Blvd Chandler, AZ 85225

East Chandler Neighborhood
10 Beds
6 Baths
892 Sq Ft
1951 Built

Sale Details

Date Sold: June 15, 2018

Last sale price $475,000 $533 Per Sq Ft

167 Days on Market

Highlights

  • Evaporated cooling system
  • Chandler Traditional Academy-Humphrey Rated A
  • Multiple Heating Units

About This Home

As of June 2018

VALUE-ADD multi family property RIGHT ON CHANDLER BLVD in Chandler. Get cash flow while waiting to develop or improve the units and increase existing cash flow. Lots of potential!

6 Units and 4 mobile home pads. Mobile home pads are individually metered for electric. Super low taxes $1658 for 2017, AG (agricultural) zoned. Great location! Current rents:
$600 for (4) 2BD/1BA * $500 for (2) 1BD/BA * $400 for (4) Mobile Home Pads. Walk into cashflow and loads of potential today on this property.

Last Agent to Sell the Property

Patrick O'Sullivan

Get Multifamily License #BR634211000 Listed on: 10/28/2017

Last Buyer's Agent

Patrick O'Sullivan

Get Multifamily License #BR634211000 Listed on: 10/28/2017

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1951

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Chandler Traditional Academy - Humphrey Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot Lot
  • Assessor Parcel Number 303-01-011-B

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Building Dimensions are 100x350 APPROXIMATE not measured
  • Pt Ne4 Ne4 Sec 36 Beg 1056F W Of Ne Cor Sd Sec Th W 258.52F To Nw Cor Ne4 Ne4 Th S 180F E 258.52F To Subdivision

Building Details

  • Operating Expense $25,145
  • Gross Income $55,860
  • Net Operating Income $30,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1951

Listing Details

  • Cross Street: Chandler Blvd and Gilbert Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: AG
  • Number Of Buildings: 2
  • Year Built: 1951
  • Average Rent Single Wide: 400.0
  • Mobile Home Prk Info Total Number Spaces: 4
  • Tax Year: 2017
  • Road Surface Type: Gravel, Dirt, Private Street
  • Professional Management Expense: 5586.0
  • Subdivision Name: PT NE4 NE4 SEC 36 BEG 1056F W OF NE COR SD SEC TH W 258.52F TO NW COR NE4 NE4 TH S 180F E 258.52F TO
  • Tax Parcel Letter: B
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition, Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Master Meter, Individual Meter
  • Cooling: 2 or More Units, Individual, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: 2 or More Units, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:_two_ or More Units3: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 1275.0
  • Trash Expense: 3516.0
  • Annual Water Sewer Expense: 921.0

Schools

  • Elementary School: Chandler Traditional Academy - Humphrey
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 100x350 APPROXIMATE not measured
  • Additional Parcels: No
  • Parcel #: 303-01-011-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 10
  • Electric Expense: 4807.0
  • Annual Gross Income: 55860.0
  • Insurance Expense: 2144.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 30715.0
  • Annual Operating Expense: 25145.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1658.0
  • Tax Book Number: 303.00
  • Tax Lot: Lot

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2017
Closed on
Jun 14, 2018
Sold by
Bought by
Seller's Agent
Patrick O'Sullivan
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Buyer's Agent
Patrick O'Sullivan
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List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$233,247
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Chandler, AZ

  • Sandra Alday Real Estate Agent - Realty ONE Group

    Sandra Alday

    Realty ONE Group

    (623) 745-2281

    39 Total Sales

    1 in East Chandler

    $545,000 Price

    Sandra Alday
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  • Heidi Majidi Real Estate Agent - RE/MAX Fine Properties

    Heidi Majidi

    RE/MAX Fine Properties

    (623) 253-8955

    113 Total Sales

    3 in East Chandler

    $418K - $599K Price Range

    Heidi Majidi
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  • Katie Taylor Real Estate Agent - Keller Williams Realty Sonoran Living

    Katie Taylor

    Keller Williams Realty Sonoran Living

    (844) 725-3549

    169 Total Sales

    1 in East Chandler

    $455,000 Price

    Katie Taylor
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  • Betsie Melter Real Estate Agent - Realty ONE Group

    Betsie Melter

    Responds Quickly

    Realty ONE Group

    (623) 432-8995

    50 Total Sales

    1 in East Chandler

    $475,000 Price

    Betsie Melter
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  • Kelly Courvisier Real Estate Agent - HomeSmart

    Kelly Courvisier

    HomeSmart

    (888) 606-5921

    67 Total Sales

    3 in East Chandler

    $368K - $506K Price Range

    Kelly Courvisier
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  • Allan Harsh Real Estate Agent - HomeSmart

    Allan Harsh

    HomeSmart

    (602) 962-2501

    101 Total Sales

    1 in East Chandler

    $565,000 Price

    Allan Harsh
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 Security Title Agency Inc
$350,000 Thomas Title & Escrow
-- First American Title
$250,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner $315,200
Previous Owner $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $475,000 -5.0% $533 / Sq Ft
06/01/2018 06/01/18 Price Changed $500,000 0.0% $561 / Sq Ft
05/16/2018 05/16/18 Price Changed $500,000 0.0% $561 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $500,000 +11.1% $561 / Sq Ft
03/08/2018 03/08/18 Price Changed $450,000 -10.0% $504 / Sq Ft
02/16/2018 02/16/18 Price Changed $500,000 +11.1% $561 / Sq Ft
12/12/2017 12/12/17 Price Changed $450,000 -5.3% $504 / Sq Ft
11/16/2017 11/16/17 Price Changed $475,000 -4.0% $533 / Sq Ft
10/28/2017 10/28/17 For Sale $495,000 -- $555 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,970 $21,071
2024 $1,902 $20,068
2023 $1,902 $51,500 $35,330 $16,170
2022 $1,842 $38,300 $23,450 $14,850
2021 $1,893 $37,990 $23,450 $14,540
2020 $1,882 $37,770 $23,160 $14,610
2019 $1,816 $36,920 $22,870 $14,050
2018 $1,765 $29,440 $15,200 $14,240
2017 $1,658 $34,410 $15,200 $19,210
2016 $1,601 $35,770 $16,000 $19,770
2015 $1,535 $19,380 $3,870 $15,510
Source: Public Records

Agents Affiliated with this Home

  • Patrick O'Sullivan Real Estate Agent - Get Multifamily

    Seller's Agent in 2018

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    23 Total Sales

    Patrick O'Sullivan
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5680492

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Chandler 85225 East Chandler

2759 E Chandler Blvd, Chandler, AZ

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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