NOT LISTED FOR SALE

325 N Austin Dr Unit 2 Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $1,968,622

1 Bed
-- Bath
8,860 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $4,500 $1 Per Sq Ft

Est. 43,647% increase in value since last sale

Current estimated payment $11,891/month

116 Days on Market

Highlights

  • 0.83 Acre Lot
  • Central Air
  • Heating Available
  • Kyrene de la Mirada Elementary School Rated A
  • Concrete Flooring

About This Home

As of July 2017

This Class A office space is completely built out, offering all or part of the following: 1500- 3500 sqft. reception area, 6 offices, conference room, open copier/ printer supply area, 1 storage room, fully built-out kitchen and two bathrooms.Space is large enough to build 2 more offices. This space is ideal for Executive Office Suites, R&D, Engineering, software, architects, mortgage, real estate, medical, etc. two electric car parking spaces, offers 8 covered parking spaces, and plenty of designated uncovered parking.

Last Agent to Sell the Property

Lori Souza

Connect Realty.com Inc. License #BR537336000 Listed on: 04/05/2017

Connect Realty.com Inc.

Last Buyer's Agent

Lori Souza

DeMerritt Realty Management

Property Details

Property Type

  • Other

Year Built

  • Built in 2005

Lot Details

  • 0.83 Acre Lot
  • Property is zoned comm

Home Design

  • Shake Roof
  • Foam Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 40 Open Parking Spaces
  • 48 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Southpark Business Center Lot 1 78 Tr A G Par A,B Subdivision

Listing and Financial Details

  • Property Available on 5/1/17
  • Tax Lot 73
  • Assessor Parcel Number 301-68-142

Property Details

Property Type

Other

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd/Kyrene
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: comm
  • Current Use: Religious Facility, Recreational
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 1.0
  • Lease Info Annual Lease Price: 24000.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 2-10
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Floor Location: 1st floor
  • Lease Info Suite Size Avail Max: 3500
  • Year Built: 2005
  • Tax Year: 2016
  • Directions: On the north-west side of Kyrene rd. and Chandler blvd. From Chandler Blvd, head north on Kyrene, west on Erie, south on Austin dr., to building, located on the east.
  • Lot Size Acres: 0.83
  • Subdivision Name: SOUTHPARK BUSINESS CENTER LOT 1-78 TR A-G PAR A,B
  • Structure Type: Commercial, Industrial, Office, Manufacturing
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam, Shake
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Open Parking Spaces: 40.0
  • Total Parking Spaces: 48.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 40.0
  • General Property Description:Total Parking Spcs: 48.0
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 36288.0
  • Additional Parcels: No
  • Parcel #: 301-68-142
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2017-05-01

Multi Family

  • Leasable Area: 1500.0

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 301.00
  • Tax Lot: 73
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Monza Developement Llc
Bought by
Bwf Investments Llc
Total Days on Market
116
Current Estimated Value
$1,968,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$159,565
Interest Rate
5%
Mortgage Type
Commercial
Estimated Equity
$1,815,826

Purchase Details

Closed on
Sep 4, 2003
Sold by
Litzinger Daniel L and Litzinger Brenda J
Bought by
Monza Development Llc

Purchase Details

Closed on
May 14, 2002
Sold by
Chandland Inc
Bought by
Litzinger Daniel L and Litzinger Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,098
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records

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
Bwf Investments Llc $1,100,000 Old Republic Title
Monza Development Llc -- --
Litzinger Daniel L $301,648 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bwf Investments Llc $660,000
Previous Owner Monza Development Llc $800,000
Previous Owner Monza Development Llc $250,000
Previous Owner Monza Development Llc $900,000
Previous Owner Litzinger Daniel L $201,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $4,500 +172.7% $1 / Sq Ft
07/28/2017 07/28/17 Sold $1,650 -17.5% $0 / Sq Ft
04/01/2017 04/01/17 For Sale $2,000 -55.6% $0 / Sq Ft
01/30/2017 01/30/17 For Sale $4,500 -- $1 / 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 $17,323 $180,897 -- --
2024 $17,529 $177,667 -- --
2023 $17,529 $306,408 $80,138 $226,270
2022 $17,277 $252,840 $60,725 $192,115
2021 $18,360 $233,838 $62,460 $171,378
2020 $17,973 $203,832 $57,726 $146,106
2019 $17,479 $180,000 $55,080 $124,920
2018 $16,964 $159,264 $46,530 $112,734
2017 $16,236 $154,152 $43,074 $111,078
2016 $16,462 $131,184 $38,124 $93,060
2015 $16,816 $158,397 $40,885 $117,512
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lori Souza

    Connect Realty.com Inc.

    (602) 432-3296

    8 Total Sales

    Lori Souza
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5585764

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-68-142

Arizona Maricopa County Chandler 85226 West Chandler

325 N Austin Dr Unit 2, Chandler, AZ

This home is located at 325 N Austin Dr Unit 2, Chandler, AZ 85226 since 05 April 2017 and is currently estimated at $1,968,622, approximately $222 per square foot. This property was built in 2005. 325 N Austin Dr Unit 2 is a home located in Maricopa County with nearby schools including Kyrene de la Mirada Elementary School, Kyrene del Pueblo Middle School, and Mountain Pointe 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