NOT LISTED FOR SALE

373 N Arizona Ave Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $337,000 - $421,000

-- Bed
-- Bath
2,385 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $233,200 $98 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,129/month

7 Days on Market

Highlights

  • 0.17 Acre Lot
  • Central Air
  • Carpet
  • Chandler High School Rated A-
  • Wood Fence

About This Home

As of January 2018

**Short Notice Auction – Ownership Relocation Forces Sale** Live and on-site auction event. Landmark property in booming downtown Chandler, AZ. 373 N. Arizona Ave offers a house and a large detached garage zoned C-3 REGIONAL COMMERCIAL DISTRICT in a prime location right on Arizona Ave. House building includes: entry room, 2 rooms, 1-bathroom, large closet, kitchen. The detached garage has two bay doors and direct access from the rear (east-side) of the building. EXCELLENT location for a business or contractor that needs prime street facing exposure and a secure garage. **INVESTOR ALERT** This is a fix-up opportunity ready for a remodel to become a solid investment with rental cash flow income. Property is sold “as-is”.

Last Agent to Sell the Property

John Payne

United CountryReal Estate-Arizona Property & Auction License #BR527355000 Listed on: 12/13/2017

Last Buyer's Agent

John Payne

United CountryReal Estate-Arizona Property & Auction License #BR527355000 Listed on: 12/13/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1941

Lot Details

  • 7,500 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • 2,385 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • Public Parking
  • 4 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number 302-62-008

Community Details

Overview

  • 2 Buildings
  • Lot 221 Chandler Mcr 000534, C 3 Zoning **Auction** Subdivision

Building Details

  • Operating Expense $1,056

Property Details

Property Type

Other

Est. Annual Taxes

$1,056

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd and Arizona Avenue
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2017
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Subdivision Name: LOT 221 CHANDLER MCR 000534, C-3 ZONING **AUCTION**
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 2385.0

Exterior Features

  • Fencing: Chain Link, Wood
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Private Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 302-62-008
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1056.0

Tax Info

  • Tax Annual Amount: 1056.0
  • Tax Book Number: 302.00
  • Tax Lot: 221
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 9, 2018
Sold by
Nguyen Khang
Bought by
Nguyen Khang and Nguyen Christa
Seller's Agent
John Payne
United CountryReal Estate-Arizona Property & Auction
Buyer's Agent
John Payne
United CountryReal Estate-Arizona Property & Auction
List Price
$150,000
Sold Price
$233,200
Premium/Discount to List
$83,200
55.47%
Current Estimated Value
$381,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,869
Avg. Annual Appreciation
6.42%

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 3, 2018
Sold by
Champ Guy Joe Samuel Albert
Bought by
Nguyen Khang
Seller's Agent
John Payne
United CountryReal Estate-Arizona Property & Auction
Buyer's Agent
John Payne
United CountryReal Estate-Arizona Property & Auction
List Price
$150,000
Sold Price
$233,200
Premium/Discount to List
$83,200
55.47%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Adams Maryann and Miller Tommy H
Bought by
Guy Joe Samuel Albert Champ

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2011
Sold by
Skippergux Christopher Mike
Bought by
Samuel Joe and Guy Albertchamp

Purchase Details

Closed on
Oct 9, 2009
Sold by
Munoz Julio Cesar
Bought by
Munoz Julio Cesar

Purchase Details

Closed on
Jun 27, 2008
Sold by
Miller Mike
Bought by
Guy Christopher Mike Skippe

Purchase Details

Closed on
Feb 27, 2007
Sold by
Miller Tommy H
Bought by
Miller Mike

Purchase Details

Closed on
Aug 10, 2004
Sold by
Miller Nancy
Bought by
Miller Tommy H

Purchase Details

Closed on
Oct 25, 2001
Sold by
Hancock Mth Builders Inc
Bought by
Hancock Mth Communities Inc

Purchase Details

Closed on
Aug 8, 2000
Sold by
Weary Annette M
Bought by
Miller Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Khang -- Accommodation
Nguyen Khang -- Driggs Title Agency Inc
Nguyen Khang $233,200 Driggs Title Agency Inc
Guy Joe Samuel Albert Champ -- Great Amer Title Agency Inc
Guy Joe Samuel Albert Champ -- Great American Title Agency
Samuel Joe -- None Available
Munoz Julio Cesar -- None Available
Guy Christopher Mike Skippe -- None Available
Miller Mike -- None Available
Miller Tommy H -- --
Hancock Mth Communities Inc -- Stewart Title & Tr Of Phoeni
Miller Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guy Joe Samuel Albert Champ $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $233,200 +55.5% $98 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $150,000 -- $63 / 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 $1,473 $15,749 -- --
2024 $1,203 $15,036 -- --
2023 $1,203 $20,037 $13,362 $6,675
2022 $1,166 $19,847 $13,861 $5,986
2021 $1,221 $19,739 $13,894 $5,845
2020 $1,215 $19,396 $13,572 $5,824
2019 $1,169 $19,011 $13,447 $5,564
2018 $1,132 $14,695 $9,152 $5,543
2017 $1,056 $13,135 $8,476 $4,659
2016 $1,017 $11,981 $7,571 $4,410
2015 $985 $10,061 $6,391 $3,670
Source: Public Records

Agents Affiliated with this Home

  • John Payne

    Seller's Agent in 2018

    John Payne

    United CountryReal Estate-Arizona Property & Auction

    (602) 315-4104

    101 Total Sales

    John Payne
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5698181

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-008

Arizona Maricopa County Chandler 85225 Downtown Chandler

373 N Arizona Ave, Chandler, AZ

Not Listed for Sale

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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