NOT LISTED FOR SALE

380 N Washington St Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $228,226 - $344,000

3 Beds
2 Baths
1,386 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $600,000 $433 Per Sq Ft

Current estimated payment $1,454/month

38 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Chandler High School Rated A-
  • Vinyl Flooring

About This Home

As of June 2022

Two single family homes on seperat lots. Can be sold seperatly. Front house(372) is a 2B1B and the back house(380) is a 1B1B. Can be rented for long term rental, short term rental, or have your mortgage paid while you live in one unit. All new flooring, interior and exterior paint, Stainless appliances, Quartz countertops, all new cabinets in both kitchens and baths, new A/C and ductwork on 380, new electrical service on 380, new dual pane windows in 380, tile backsplash in kitchens, extensive landscaping, and shared washer and dryer. House 372 has a large private back yard, a 1 CG that is currently set up as a workshop, and a large covered back patio. House 380 has a large private yard with a irrigated garden ready for your flowers and vegetables. There is an RV gate with a large parking
area that can potentially be used for boat/RV storage for additional
income. Air B&B for the 1 bedroom house goes for about $200/day
and the two bedroom house goes for about $250/day which could
bring the cap rate to well over 10%

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 04/23/2022

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Sergio Abarca

Compass License #SA668714000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $266

Year Built

  • Built in 1941

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 7 Parking Spaces
  • 1 Covered Space
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 218
  • Assessor Parcel Number 302-62-004

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $266
  • Gross Income $44,460
  • Net Operating Income $34,523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$266

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Chandler & Arizona
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2021
  • Directions: N to Detroit, E to Washington, N to property
  • Road Surface Type: Concrete
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Garage: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
  • Heating: Individual, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 302-62-004

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 44460.0
  • Property Net Operating Income: 34523.0
  • Annual Operating Expense: 266.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 266.0
  • Tax Book Number: 302.00
  • Tax Lot: 218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 22, 2022
Sold by
Holsinger Family Revocable Trust
Bought by
Lardizabal Billy James
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Sergio Abarca
Compass
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$271,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$328,193
Avg. Annual Appreciation
-23.42%
Original Mortgage
$237,500
Outstanding Balance
$227,851
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$25,518

Purchase Details

Closed on
Dec 14, 2021
Sold by
Freedom Hawk Home Buyers Inc
Bought by
Holsinger Wayne and Holsinger Family Revocable Tru

Purchase Details

Closed on
Jul 28, 2021
Sold by
Exline Rick Lee
Bought by
Freedom Hawk Home Buyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2004
Sold by
Dickson Dominique
Bought by
Dickson Gregory

Purchase Details

Closed on
Mar 15, 2004
Sold by
Anderson John Edward and Anderson Cheryl Ann
Bought by
Anderson John Edward

Purchase Details

Closed on
Dec 23, 1999
Sold by
H C Builders Inc
Bought by
Hancock Communities Llc
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
Lardizabal Billy James $250,000 New Title Company Name
Holsinger Wayne $330,000 Navi Title Agency Pllc
Freedom Hawk Home Buyers Inc $160,000 None Available
Dickson Gregory -- Lawyers Title Ins
Anderson John Edward -- --
Hancock Communities Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lardizabal Billy James $237,500
Previous Owner Freedom Hawk Home Buyers Inc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $600,000 +4.4% $433 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $574,900 -11.6% $415 / Sq Ft
05/23/2022 05/23/22 For Sale $650,000 0.0% $469 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $650,000 -- $469 / 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 $227 $2,959 -- --
2024 $223 $2,818 -- --
2023 $223 $16,430 $3,280 $13,150
2022 $259 $11,180 $2,230 $8,950
2021 $266 $10,480 $2,090 $8,390
2020 $264 $8,200 $1,640 $6,560
2019 $255 $6,900 $1,380 $5,520
2018 $248 $5,270 $1,050 $4,220
2017 $233 $3,380 $670 $2,710
2016 $225 $2,470 $490 $1,980
2015 $216 $2,330 $460 $1,870
Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2022

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    5 in this area

    24 Total Sales

    Brian Gaffney
    Section Image
  • Sergio Abarca

    Buyer's Agent in 2022

    Sergio Abarca

    Compass

    (303) 437-4670

    3 in this area

    32 Total Sales

    Sergio Abarca
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6389318

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-62-004

Arizona Maricopa County Chandler 85225 Downtown Chandler

380 N Washington St, Chandler, AZ

This home is located at 380 N Washington St, Chandler, AZ 85225 since 23 April 2022 and is currently estimated at $271,807, approximately $196 per square foot. This property was built in 1941. 380 N Washington 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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