NOT LISTED FOR SALE

2979 W Elliot Rd Unit 111 Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $669,208

-- Bed
-- Bath
8,086 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $625,000 $77 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,944/month

3 Days on Market

About This Home

As of January 2023

Elliot 101 Professional Village: Great Chandler location right off the 101 Freeway and Elliot Road. Beautiful Medical Office Architecture. 6 exam rooms, 3 with sinks, hallway sink, break room, open waiting area, and 2 private offices, 2 restrooms. Front and rear entrances, Covered Parking Space available, Monument Signage on Elliot Road. Quality Construction (UTAZ) built to last. Generous Parking, Great Freeway Access.

Last Agent to Sell the Property

Kyle LeSueur

LeSueur Real Estate License #BR575567000 Listed on: 11/16/2022

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 2006

Lot Details

  • 1,988 Sq Ft Lot
  • Property is zoned PAD

Home Design

  • 8,086 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 11 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Air

Community Details

  • Elliot 101 Professional Village Condominium Subdivision
  • Operating Expense $10,892

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 302-79-733

Property Details

Property Type

Other

Est. Annual Taxes

$4,952

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Southeast Corner of Elliot Rd & 101 Freeway
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: PAD
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2022
  • Directions: Exit onto Elliot Rd from 101 Freeway, east on Elliot to property. Large middle building in second row of buildings.
  • Lot Size Acres: 0.05
  • Subdivision Name: ELLIOT 101 PROFESSIONAL VILLAGE CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: See Remarks
  • Water Source: City Franchise
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 1988.0
  • Additional Parcels: No
  • Parcel #: 302-79-733
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10892.0

Tax Info

  • Tax Annual Amount: 4952.0
  • Tax Book Number: 302.00
  • Tax Lot: 111
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Prestige Estate Llc
Bought by
Jtn Investments 1 Llc
Current Estimated Value
$669,208

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 18, 2023
Sold by
3303 South Lindsay Llc
Bought by
Prestige Estate Llc
Seller's Agent
Kyle LeSueur
LeSueur Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$625,000
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2011
Sold by
Elliot 101 Pv Development Lc
Bought by
South Lindsay Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Jtn Investments 1 Llc -- None Listed On Document
Prestige Estate Llc $625,000 Stewart Title & Trust Of Phoen
South Lindsay Llc $210,735 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prestige Estate Llc $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $625,000 0.0% $77 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/18/2022 11/18/22 Off Market $625,000 -- --
11/15/2022 11/15/22 For Sale $599,000 -- $74 / 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 $4,753 $45,952 -- --
2024 $4,935 $45,131 -- --
2023 $4,935 $68,187 $13,634 $54,553
2022 $4,952 $57,068 $11,410 $45,658
2021 $5,063 $54,450 $10,890 $43,560
2020 $5,006 $51,408 $10,278 $41,130
2019 $4,654 $48,564 $9,702 $38,862
2018 $4,532 $42,156 $8,424 $33,732
2017 $4,370 $42,120 $8,424 $33,696
2016 $4,274 $39,204 $7,830 $31,374
2015 $4,110 $32,560 $6,512 $26,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6489795

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-79-733