NOT LISTED FOR SALE

Estimated Value: $325,000 - $441,000

2 Beds
1 Bath
800 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $349,300 $437 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,199/month

2 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating System Uses Natural Gas
  • Chandler High School Rated A-

About This Home

As of March 2021

Value Add Opportunity! Walking Distance to Vibrant Downtown Chandler and Historic Chandler High school in Arizona. Two Detached 2 bedroom 1 bath 800 Sq.Ft. Units, Easy parking with Street and Alley entrances. Washer/Dryer Hookups, AC Units 1 and 10 years old. Single Family Neighborhood with many renovated homes. Location investment or user owner with income. Tenants Are Month to Month. Facts and Figures approximate, Buyer to Verify all Facts and Figures to Their Satisfaction.

Last Agent to Sell the Property

Eric Hegarty

Better Homes & Gardens Real Estate SJ Fowler License #SA650759000 Listed on: 01/25/2021

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Stephany Mai

RE/MAX Fine Properties License #SA645958000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1969

Lot Details

  • 8,015

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 302-64-081

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 159 X 51
  • Greater Chandler Add Blk 7 Subdivision

Building Details

  • Operating Expense $3,581
  • Gross Income $16,800
  • Net Operating Income $13,219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,081

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave & Chandler Blvd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1969
  • Tax Year: 2020
  • Directions: North on Arizona Ave. East on Erie, North on Colorado to property on Westside on Street. Access also from alley between Washington St. and Colorado.
  • Road Surface Type: Asphalt
  • Subdivision Name: GREATER CHANDLER ADD BLK 7
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Individual
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 159 X 51
  • Additional Parcels: No
  • Parcel #: 302-64-081

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 13219.0
  • Annual Operating Expense: 3581.0

Tax Info

  • Tax Annual Amount: 1081.0
  • Tax Block: 4
  • Tax Book Number: 302.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 16, 2021
Sold by
Haakenson Steven and Haakenson Anna C
Bought by
Zaven Llc
Seller's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Stephany Mai
RE/MAX Fine Properties
List Price
$350,000
Sold Price
$349,300
Premium/Discount to List
-$700
-0.2%
Current Estimated Value
$381,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,059
Avg. Annual Appreciation
2.04%
Original Mortgage
$255,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2021
Closed on
Feb 24, 2021
Sold by
Brimhall Wade A and Brimhall Jena
Bought by
Haakenson Steven and Haakenson Anna C
Seller's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Stephany Mai
RE/MAX Fine Properties
List Price
$350,000
Sold Price
$349,300
Premium/Discount to List
-$700
-0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2015
Sold by
Brimhall Logan Burdal and Brimhall Nadine W
Bought by
Brimhall Wade A and Brimhall Jena

Purchase Details

Closed on
May 8, 2012
Sold by
Brimball Logan Burdal and Brimhall Nadine W
Bought by
Brimhall Logan Burdal and Brimhall Nadine W

Purchase Details

Closed on
Nov 11, 2009
Sold by
Us Bank National Association
Bought by
Brimhall Logan Burdal and Brimhall Nadine W

Purchase Details

Closed on
Oct 16, 2009
Sold by
Rodriguez Meraz Pedro
Bought by
Us Bank National Association and Csmc 2006-6

Purchase Details

Closed on
Apr 14, 2006
Sold by
Coon Brian William
Bought by
Meraz Pedro Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Zaven Llc -- None Available
Haakenson Steven $349,300 Chicago Title Agency Inc
Brimhall Wade A -- None Available
Brimhall Logan Burdal -- None Available
Brimhall Logan Burdal $46,200 Great American Title Agency
Us Bank National Association $53,860 Great American Title
Meraz Pedro Rodriguez $230,000 Title Guaranty Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haakenson Steven $255,000
Previous Owner Rodriguez Meraz Pedro $46,000
Previous Owner Meraz Pedro Rodriguez $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $349,300 -0.2% $437 / Sq Ft
01/25/2021 01/25/21 For Sale $350,000 -- $438 / 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 $1,113 $12,097 -- --
2024 $1,092 $11,521 -- --
2023 $1,092 $28,170 $5,630 $22,540
2022 $1,057 $19,460 $3,890 $15,570
2021 $1,087 $17,720 $3,540 $14,180
2020 $1,081 $14,450 $2,890 $11,560
2019 $1,043 $11,880 $2,370 $9,510
2018 $1,013 $11,280 $2,250 $9,030
2017 $952 $10,030 $2,000 $8,030
2016 $919 $9,580 $1,910 $7,670
2015 $882 $8,520 $1,700 $6,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6185801

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-64-081