NOT LISTED FOR SALE

3990 E Riggs Rd Unit 2 Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $1,143,428

-- Bed
-- Bath
3,254 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $1,100,000 $338 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,732/month

18 Days on Market

Highlights

  • Central Air
  • John & Carol Carlson Elementary School Rated A
  • Concrete Flooring

About This Home

As of November 2022

This home is located at 3990 E Riggs Rd Unit 2, Chandler, AZ 85249 since 08 September 2022 and is currently estimated at $1,143,428, approximately $351 per square foot. This property was built in 2005. 3990 E Riggs Rd Unit 2 is a home located in Maricopa County with nearby schools including John & Carol Carlson Elementary School, Willie & Coy Payne Jr. High School, and Montessori Christian Academy.

Last Listed By

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/08/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 2005

Lot Details

  • 1,747 Sq Ft Lot
  • Additional Parcels
  • Property is zoned PAD

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 3,254 Sq Ft Home
  • Concrete Flooring

Parking

  • 15 Open Parking Spaces
  • 20 Parking Spaces
  • 5 Covered Spaces

Utilities

  • Central Air

Community Details

  • Shadow Ridge Condominiums Subdivision
  • Operating Expense $16,387

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 304-82-975

Property Details

Property Type

Other

Est. Annual Taxes

$4,241

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: PAD
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2021
  • Lot Size Acres: 0.04
  • Subdivision Name: SHADOW RIDGE CONDOMINIUMS
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Other
  • Water Source: City Franchise
  • Heating:Other4: Yes

Lot Info

  • Lot Size Sq Ft: 1747.0
  • Additional Parcels: Yes
  • Parcel #: 304-82-975
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 16387.0
  • Leasable Area: 3254.0

Tax Info

  • Tax Annual Amount: 4241.0
  • Tax Book Number: 304.00
  • Tax Lot: 5
  • Tax Map Number: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 28, 2022
Sold by
Cm Mga Corporation
Bought by
Echelon Real Estate Llc
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
18
Current Estimated Value
$1,143,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,428
Avg. Annual Appreciation
1.67%
Original Mortgage
$880,000
Outstanding Balance
$860,934
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$285,058

Purchase Details

Closed on
Sep 25, 2019
Sold by
Haitian Christian Ministry Inc
Bought by
Cm Mga Corporation

Purchase Details

Closed on
Mar 28, 2014
Sold by
Desert Southwest Annual Conference Of Th
Bought by
Haitian Christian Ministry Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2010
Sold by
Light Of Hope United Methodist Church
Bought by
Desert Southwest Annual Conference Of Th

Purchase Details

Closed on
Jul 6, 2007
Sold by
Ocotillo Springs United Methodist Fellow
Bought by
Light Of Hope United Methodist Church

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
Echelon Real Estate Llc $1,100,000 --
Cm Mga Corporation $555,000 Fidelity Natl Ttl Agcy Inc
Haitian Christian Ministry Inc $244,050 Chicago Title Agency Inc
Desert Southwest Annual Conference Of Th -- None Available
Light Of Hope United Methodist Church -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echelon Real Estate Llc $880,000
Previous Owner Haitian Christian Ministry Inc $194,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $1,100,000 0.0% $338 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,100,000 -- $338 / 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 $3,984 $41,898 -- --
2024 $4,026 $41,150 -- --
2023 $4,026 $75,055 $15,011 $60,044
2022 $4,013 $62,668 $12,530 $50,138
2021 $4,241 $59,814 $11,952 $47,862
2020 $4,217 $56,610 $11,322 $45,288
2019 $6 $44,550 $8,910 $35,640
2018 $6 $27,915 $5,580 $22,335
2017 $6 $44,535 $6,720 $37,815
2016 $6 $42,060 $6,000 $36,060
2015 $5 $38,000 $5,328 $32,672
Source: Public Records

Agents Affiliated with this Home

  • Susan McCall

    Seller's Agent in 2022

    Susan McCall

    Commercial Property Connect

    (303) 478-0633

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6461113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-82-975

Arizona Maricopa County Chandler 85249 South Chandler

3990 E Riggs Rd Unit 2, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 3990 E Riggs Rd Unit 2, Chandler, AZ 85249 since 08 September 2022 and is currently estimated at $1,143,428, approximately $351 per square foot. This property was built in 2005. 3990 E Riggs Rd Unit 2 is a home located in Maricopa County with nearby schools including John & Carol Carlson Elementary School, Willie & Coy Payne Jr. High School, and Montessori Christian Academy.

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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