$398,000
SOLD JUL 9, 2025
-- Bed
-- Bath
928 Sq Ft
1948 Built

Recently Sold

$429 Per Sq Ft

6% Below List Price

54 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Wood Siding
  • Bogle Junior High School Rated A
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of July 2025

Great Opportunity in downtown Chandler 2 homes on 1 lot, 1 is 2/1 the other is 2/1.75 Live in one rent the other or rent them both, walking distance to downtown Chandler. Both are currently rented to long term tenants 1 for 17 years the other for over 25, Interior inspection will be done after accepted offer.

Last Agent to Sell the Property

Gordon Leatherbarrow

6 Real Estate License #SA512627000 Listed on: 03/17/2025

Co-Listed By

Jamie Monty

6 Real Estate License #SA560494000

Last Buyer's Agent

Gordon Leatherbarrow

6 Real Estate License #SA512627000 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $743

Year Built

  • Built in 1948

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Carport

Schools

  • San Marcos Elementary School
  • Bogle Junior High School
  • Chandler High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 750
  • Assessor Parcel Number 303-19-061-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 52.48 X 148.28
  • **2 Homes On 1 Lot** Subdivision

Building Details

  • Operating Expense $743
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$743

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Frye Rd & Arizona Ave.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2024
  • Directions: W 2 California S 2 Property
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 6re001
  • Co List Office Phone: 480-841-5366
  • Subdivision Name: **2 HOMES ON 1 LOT**
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Wood Siding: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Gas Oven

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Siding, Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Window/Wall Unit
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • Elementary School: San Marcos Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 52.48 X 148.28
  • Additional Parcels: No
  • Parcel #: 303-19-061-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 743.0

Tax Info

  • Tax Annual Amount: 743.0
  • Tax Book Number: 303.00
  • Tax Lot: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Jul 7, 2025
Sold by
Davis Paula J
Bought by
Bowerbank Jennifer
Seller's Agent
Gordon Leatherbarrow
6 Real Estate
Buyer's Agent
Gordon Leatherbarrow
6 Real Estate
List Price
$424,900
Sold Price
$398,000
Premium/Discount to List
-$26,900
-6.33%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.17%
Original Mortgage
$298,500
Outstanding Balance
$298,500
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$114,825

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 4, 2016
Sold by
Galabovski Jovanco and Alam Khashan F
Bought by
Davis Paula J
Seller's Agent
David Fuller
RE/MAX Desert Showcase
Buyer's Agent
Jacob Gaston
Be Home Realty
List Price
$180,000
Sold Price
$174,000
Premium/Discount to List
-$6,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$130,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Dority Timothy A and Dority Dena M
Bought by
Alam Khashan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2000
Sold by
Ketner Renate Vera
Bought by
Dority Timothy A and Dority Dena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
7.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Ketner Renate Vera
Bought by
Ketner Renate Vera and The Renate Vera Ketner Trust
Source: Public Records

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Range of Values:

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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 $398,000 American Title Service Agency
Warranty Deed $174,000 Security Title Agency Inc
Warranty Deed $150,000 Security Title Agency Inc
Warranty Deed $115,000 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,500 New Conventional
Previous Owner $130,500 New Conventional
Previous Owner $127,500 New Conventional
Previous Owner $74,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $398,000 -6.3% $429 / Sq Ft
03/17/2025 03/17/25 For Sale $424,900 +144.2% $458 / Sq Ft
03/31/2016 03/31/16 Sold $174,000 -3.3% $105 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $180,000 -- $109 / 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 $743 $8,074 -- --
2024 $729 $7,689 -- --
2023 $729 $26,150 $5,230 $20,920
2022 $706 $18,770 $3,750 $15,020
2021 $725 $16,470 $3,290 $13,180
2020 $721 $14,300 $2,860 $11,440
2019 $696 $11,620 $2,320 $9,300
2018 $676 $7,860 $1,570 $6,290
2017 $468 $5,950 $1,190 $4,760
2016 $452 $4,930 $980 $3,950
2015 $434 $4,800 $960 $3,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6837893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-19-061A