NOT LISTED FOR SALE

366 N Delaware St Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $728,000 - $852,000

-- Bed
-- Bath
2,250 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $750,000 $333 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,351/month

15 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 4-minute walk to Gazelle Meadows Park
  • Chandler High School Rated A-
  • Heating Available

About This Home

As of February 2024

Remodeled triplex in Chandler! 2 of the 3 rents haven't been fully increased, so there is room to create additional income. 2 of the three AC units were recently replaced. Fully rented. All 2 bedrooms units with their own stackable washer/dryers...
If the 2 rents are increased to the $1,600 that the newest tenant is paying, that would be approximately $600 per month over current income....
Inspection with accepted offer. Do not disturb tenants.

Last Agent to Sell the Property

Eric Ford

My Home Group Real Estate License #SA640295000 Listed on: 01/03/2024

My Home Group Real Estate

Last Buyer's Agent

Tania Kidd

HomeSmart License #SA655552000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1988

Lot Details

  • 7,667

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 352
  • Assessor Parcel Number 302-62-106

Community Details

Overview

  • 3 Units
  • Building Dimensions are .176 acres
  • Chandler Subdivision

Building Details

  • Operating Expense $1,143
  • Gross Income $50,226
  • Net Operating Income $45,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,143

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: Arizona Av and Chandler BLVD
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2023
  • Directions: East on Chandler to Delaware, north to property
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: .176 acres
  • Additional Parcels: No
  • Parcel #: 302-62-106

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 50226.36
  • Property Net Operating Income: 45755.0
  • Annual Operating Expense: 1143.0

Tax Info

  • Tax Annual Amount: 1143.0
  • Tax Book Number: 302.00
  • Tax Lot: 352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 23, 2024
Sold by
Lucky Old Sun Finance Llc
Bought by
Galaviz Perla A and Galaviz Teodulo
Seller's Agent
Eric Ford
My Home Group Real Estate
Buyer's Agent
Tania Kidd
HomeSmart
List Price
$750,000
Sold Price
$750,000
Views
28
Current Estimated Value
$777,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,000
Avg. Annual Appreciation
9.44%
Original Mortgage
$712,500
Outstanding Balance
$704,108
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$152,225

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 9, 2015
Sold by
Silvers Craig and Silvers Jeannine Vanian
Bought by
Lucky Old Sun Finance Llc
Seller's Agent
Elena Mendez
Keller Williams Realty Sonoran Living
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Silvers Craig and Silvers Jeannine
Bought by
Silvers Craig and Vanian Jeannine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,350
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2002
Sold by
Miller Ray Burke
Bought by
Juarez Lilia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
10.4%
Mortgage Type
New Conventional
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
Galaviz Perla A $750,000 Equity Title Agency
Lucky Old Sun Finance Llc $210,000 Driggs Title Agency Inc
Silvers Craig -- --
Silver Craig $317,500 --
Juarez Lilia I $135,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galaviz Perla A $712,500
Previous Owner Silver Craig $206,350
Previous Owner Juarez Lilia I $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $750,000 0.0% $333 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $750,000 +257.1% $333 / Sq Ft
11/11/2015 11/11/15 Sold $210,000 -2.3% $93 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $215,000 0.0% $96 / Sq Ft
04/19/2014 04/19/14 Rented $500 0.0% --
04/15/2014 04/15/14 Under Contract -- -- --
04/10/2014 04/10/14 For Rent $500 -- --
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 $1,165 $12,662 -- --
2024 $1,143 $12,059 -- --
2023 $1,143 $45,510 $9,100 $36,410
2022 $1,107 $31,080 $6,210 $24,870
2021 $1,137 $27,430 $5,480 $21,950
2020 $1,131 $23,510 $4,700 $18,810
2019 $1,091 $17,460 $3,490 $13,970
2018 $1,060 $17,020 $3,400 $13,620
2017 $996 $14,260 $2,850 $11,410
2016 $962 $12,930 $2,580 $10,350
2015 $923 $10,960 $2,190 $8,770
Source: Public Records

Agents Affiliated with this Home

  • Eric Ford

    Seller's Agent in 2024

    Eric Ford

    My Home Group Real Estate

    (602) 538-5544

    1 in this area

    263 Total Sales

    Section Image
  • Tania Kidd

    Buyer's Agent in 2024

    Tania Kidd

    HomeSmart

    (623) 341-0037

    1 in this area

    7 Total Sales

    Section Image

  • E

    Seller's Agent in 2015

    Elena Mendez

    Keller Williams Realty Sonoran Living

    Section Image

  • P

    Seller's Agent in 2014

    Paul Pietrzak

    Arizona Haciendas Real Estate Co.

    (480) 988-1020

    33 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Hannas

    Arizona Elite Properties

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6645121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-106

Arizona Maricopa County Chandler 85225 Downtown Chandler

366 N Delaware St, Chandler, AZ

This home is located at 366 N Delaware St, Chandler, AZ 85225 since 03 January 2024 and is currently estimated at $774,333, approximately $344 per square foot. This property was built in 1988. 366 N Delaware 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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