$57,500
SOLD OCT 31, 2012
-- Bed
-- Bath
1,440 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

4% Below List Price

71 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating Available
  • Chandler High School Rated A-

About This Home

As of August 2013

DUPLEX UNIT, 2 BDROOM, 1 BATH EACH UNIT, GREAT INVESTMENT OPPORTUNITY, GREAT PRICE. SHOW IT AND SELL IT!!

Last Agent to Sell the Property

Rita E McVay

LRA Real Estate Group, LLC License #SA103683000 Listed on: 07/25/2012

Last Buyer's Agent

Eric Dixon

On Q Property Management License #BR627731000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Chandler High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tax Lot 355
  • Assessor Parcel Number 302-62-109

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7423
  • Chandler Subdivision

Building Details

  • Operating Expense $717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$717

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: CHANDLER BLVD/ARIZONA AV
  • Property Type: Multiple Dwellings
  • Zoning: DUPLEX
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2011
  • Directions: ARIZONA AV NORTH TO DETROIT, EAST TO COLORADO, NORHT TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Evaporative Cooling, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • High School: Chandler High School

Lot Info

  • Lot Size: 7423
  • Additional Parcels: No
  • Parcel #: 302-62-109

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 717.0

Tax Info

  • Tax Annual Amount: 717.0
  • Tax Book Number: 302.00
  • Tax Lot: 355

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Reed Tamara and Reed Lance E
Bought by
L E T S Reed 4 Llc
Current Estimated Value
$469,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$100,326
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$408,922

Purchase Details

Closed on
Jan 22, 2015
Sold by
Reed Tamara S and Reed Lance E
Bought by
L E T S Reed4 Llc

Purchase Details

Listed on
May 22, 2013
Closed on
Aug 15, 2013
Sold by
Road Runner 21 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
12.86%
Original Mortgage
$90,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Perth Development Llc
Bought by
Road Runner 21 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 25, 2012
Closed on
Oct 15, 2012
Sold by
The Bank Of New York Mellon Trust
Bought by
Perth Development Llc
Seller's Agent
Rita E McVay
LRA Real Estate Group, LLC
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$59,900
Sold Price
$57,500
Premium/Discount to List
-$2,400
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Closed on
Mar 14, 2012
Sold by
Smith Daniel
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York

Purchase Details

Closed on
Sep 4, 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
Apr 6, 1998
Sold by
George O Northrop Revocable Living Trust and Binko Patricia
Bought by
J Schaefer Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1996
Sold by
Northrop George O
Bought by
George O Northrop Revocable Living Trust and Northrop George O

Purchase Details

Closed on
May 21, 1996
Sold by
Northrop George O
Bought by
The Northrop Decedents Trust and Northrop George O
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 Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- Pioneer Title Agency Inc
Quit Claim Deed -- Accommodation
Warranty Deed $120,000 Equity Title Agency Inc
Warranty Deed -- Chicago Title Agency Inc
Cash Sale Deed $57,500 Chicago Title Company
Trustee Deed $99,058 First American Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $98,000 Chicago Title Insurance Co
Warranty Deed $80,000 Grand Canyon Title Agency In
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $105,000 Unknown
Previous Owner $100,000 New Conventional
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 +160.9% $104 / Sq Ft
10/31/2012 10/31/12 Sold $57,500 -4.0% $40 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $59,900 -- $42 / 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 $696 $7,563 -- --
2024 $683 $7,203 -- --
2023 $683 $29,770 $5,950 $23,820
2022 $661 $19,850 $3,970 $15,880
2021 $679 $17,010 $3,400 $13,610
2020 $676 $14,380 $2,870 $11,510
2019 $652 $11,150 $2,230 $8,920
2018 $633 $11,060 $2,210 $8,850
2017 $595 $8,800 $1,760 $7,040
2016 $575 $7,580 $1,510 $6,070
2015 $551 $6,460 $1,290 $5,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4793800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-109