NOT LISTED FOR SALE

345 N Colorado St Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $372,000 - $595,000

-- Bed
-- Bath
1,440 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $120,000 $83 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,373/month

49 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Heating Available
  • Chandler High School Rated A-

About This Home

As of August 2013

Completely remodeled duplex - FULLY OCCUPIED at $550+tax a month! No HOA! Next door remodeled duplex also available - Seller prefers you buy both! ALL NEW inside and out! New kitchen, baths, flooring, windows, stucco, roof, electrical, and more! You name it! Professionally managed by On Q Property Management. Available individually or part of a portfolio package totaling 18 units in Mesa and Chandler! See MLS 4940402, 4940403, 4940404, 4940405, 4940406, 4940407! Buyer to verify all facts and figures!

Last Agent to Sell the Property

Eric Dixon

On Q Property Management License #BR627731000 Listed on: 05/22/2013

Last Buyer's Agent

Leah Lichter-Roedig

Coldwell Banker Realty License #BR044663000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $511

Year Built

  • Built in 1982

Lot Details

  • 7,449

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking

Schools

  • Chandler High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 357
  • Assessor Parcel Number 302-62-111

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7431
  • Chandler Subdivision

Building Details

  • Operating Expense $511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$511

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: CHANDLER BLVD AND ARIZONA AVENUE
  • Property Type: Multiple Dwellings
  • Zoning: MF-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2012
  • Directions: East on Chandler Blvd, North on Colorado, property on right
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Other (See Remarks), F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Schools

  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 7431
  • Additional Parcels: No
  • Parcel #: 302-62-111

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks, Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 511.46

Tax Info

  • Tax Annual Amount: 511.46
  • Tax Book Number: 302.00
  • Tax Lot: 357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2015
Sold by
Reed Tamara S and Reed Lance E
Bought by
L E T S Reed4 Llc
Current Estimated Value
$438,143

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 15, 2013
Sold by
Perth Development Llc
Bought by
Reed Tamara S and Reed Lance E
Seller's Agent
Eric Dixon
On Q Property Management
Buyer's Agent
Leah Lichter-Roedig
Coldwell Banker Realty
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$90,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
The Bank Of New York Mellon
Bought by
Perth Development Llc

Purchase Details

Closed on
Feb 6, 2012
Sold by
Smith Daniel
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust

Purchase Details

Closed on
Sep 12, 2002
Sold by
Smith Karen
Bought by
Smith Daniel

Purchase Details

Closed on
Aug 29, 2002
Sold by
Villegas Victor and Villegas Norma
Bought by
Smith Daniel

Purchase Details

Closed on
Oct 2, 1998
Sold by
J Schaefer Properties Llc
Bought by
Villegas Victor and Villegas Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
6.88%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
L E T S Reed4 Llc -- Accommodation
Reed Tamara S $120,000 Equity Title Agency Inc
Perth Development Llc $57,500 Chicago Title Company
The Bank Of New York Mellon Trust Compan $98,693 First American Title Company
Smith Daniel -- Chicago Title Insurance Co
Smith Daniel $98,000 Chicago Title Insurance Co
Villegas Victor $74,925 Security Title Agency
Villegas Victor $74,925 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Tamara S $90,000
Previous Owner Smith Daniel $105,000
Previous Owner Villegas Victor $67,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $120,000 -20.0% $83 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $150,000 -- $104 / 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 $718 $7,808 -- --
2024 $705 $7,436 -- --
2023 $705 $29,770 $5,950 $23,820
2022 $682 $19,850 $3,970 $15,880
2021 $701 $17,020 $3,400 $13,620
2020 $698 $14,380 $2,870 $11,510
2019 $673 $11,150 $2,230 $8,920
2018 $654 $11,060 $2,210 $8,850
2017 $614 $9,170 $1,830 $7,340
2016 $593 $7,910 $1,580 $6,330
2015 $569 $6,730 $1,340 $5,390
Source: Public Records

Agents Affiliated with this Home

  • Eric Dixon

    Seller's Agent in 2013

    Eric Dixon

    On Q Property Management

    (480) 332-7404

    82 Total Sales

    Eric Dixon
    Section Image
  • Leah Lichter-Roedig

    Buyer's Agent in 2013

    Leah Lichter-Roedig

    Coldwell Banker Realty

    (480) 326-1011

    6 Total Sales

    Leah Lichter-Roedig
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4940405

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-111

Arizona Maricopa County Chandler 85225 Downtown Chandler

345 N Colorado St, Chandler, AZ

This home is located at 345 N Colorado St, Chandler, AZ 85225 since 22 May 2013 and is currently estimated at $438,143, approximately $304 per square foot. This property was built in 1982. 345 N Colorado St is a home located in Maricopa County with nearby schools including Galveston Elementary School, Chandler High School, and Willis 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

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