NOT LISTED FOR SALE

Estimated Value: $957,000 - $971,000

Studio
-- Baths
2,090 Sq Ft
$462/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2026

Last sale price $965,000 $462 Per Sq Ft

Current estimated payment $5,496 / mo

36 Days on Market

About This Home

As of May 2026

This is actually two triplexes. Communal laundry room that brings in about $3000 yearly additional income. Vacancy rates are very low in these well managed properties. Owner managed.

Last Agent to Sell the Property

Leah Lichter-Roedig

Coldwell Banker Realty License #BR044663000 Listed on: 03/16/2026

Coldwell Banker Realty

Last Buyer's Agent

Zachary Coty

Compass License #SA697361000

Compass
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1979

Lot Details

  • Desert Landscape

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Hartford Sylvia Encinas Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, trash collection
  • Legal Lot and Block M & B / 1000N
  • Assessor Parcel Number 302-75-095-G

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 0

Building Details

  • Operating Expense $15,905
  • Gross Income $62,370
  • Net Operating Income $43,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Ray and Arizona Ave
  • Property Type: Multiple Dwellings
  • Zoning: MF 2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: G
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Heat Pump
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Interior Features:Interior Features: Unfurnished

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping, Cable TV Available

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1900.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Hartford Sylvia Encinas Elementary
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: John M Andersen Jr High School

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 302-75-095-G

Multi Family

  • Owner Pays: Water, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 1400.0
  • Annual Gross Income: 62370.0
  • Insurance Expense: 2500.0
  • Maintenance Expense: 6600.0
  • Property Net Operating Income: 43205.0
  • Annual Operating Expense: 15905.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1705.0
  • Tax Block: 1000N
  • Tax Book Number: 302.0
  • Tax Lot: M & B

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2026
Closed on
May 12, 2026
Sold by
Lets Reed3 Llc
Bought by
Seller's Agent
Leah Lichter-Roedig
Coldwell Banker Realty
Buyer's Agent
Zachary Coty
Compass
List Price
$999,000
Sold Price
$965,000
Premium/Discount to List
-$34,000
-3.4%
Views
36
Current Estimated Value
$965,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Jan 22, 2015
Sold by
Reed Lance and Reed Tamara Shea
Bought by
L E T S Reed3 Llc

Purchase Details

Closed on
Mar 8, 2012
Sold by
Eshami Bejanafosi and Eshami Shokufeh M
Bought by
Reed Lance and Reed Tamara Shea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1999
Sold by
Geving Jack A and Geving Phyllis A
Bought by
Eshami Bejanafosi and Eshami Shokufeh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
6.84%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arrowhead Meadows, AZ

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$965,000 Pioneer Title Agency
L E T S Reed3 Llc -- Accommodation
Reed Lance $255,000 Equity Title Agency Inc
Eshami Bejanafosi $214,000 Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $178,500
Previous Owner Eshami Bejanafosi $171,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Sold $965,000 -3.4% $462 / Sq Ft
03/16/2026 03/16/26 For Sale $999,000 -- $478 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,733 $18,531
2024 $1,672 $17,649
2023 $1,672 $68,170 $13,630 $54,540
2022 $1,620 $47,230 $9,440 $37,790
2021 $1,665 $41,300 $8,260 $33,040
2020 $1,655 $35,080 $7,010 $28,070
2019 $1,597 $26,330 $5,260 $21,070
2018 $1,552 $25,670 $5,130 $20,540
2017 $1,458 $20,950 $4,190 $16,760
2016 $1,408 $19,320 $3,860 $15,460
2015 $1,350 $16,580 $3,310 $13,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6999187

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-75-095G

Your Personal Tour Guide

Ask me questions while you tour the home.