NOT LISTED FOR SALE

481 N Arizona Ave Chandler, AZ 85225

North Chandler Neighborhood

Estimated Value: $525,375

-- Bed
-- Bath
3,235 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $400,000 $124 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,271/month

83 Days on Market

Highlights

  • 0.34 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Chandler High School Rated A-
  • Central Air

About This Home

As of September 2019

This home is located at 481 N Arizona Ave, Chandler, AZ 85225 since 26 June 2019 and is currently priced at $525,375, approximately $162 per square foot. This property was built in 1936. 481 N Arizona Ave is a home located in Maricopa County with nearby schools including Galveston Elementary School, Chandler High School, and Willis Junior High School.

Last Agent to Sell the Property

George Contreras

Delex Realty Listed on: 06/26/2019

Last Buyer's Agent

George Contreras

DeLex Realty License #BR013053000

DeLex Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1936

Lot Details

  • 0.34 Acre Lot
  • Additional Parcels
  • Property is zoned C-3

Home Design

  • Tilt Up Walls
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 3,235 Sq Ft Home
  • Concrete Flooring

Parking

  • 32 Open Parking Spaces
  • 32 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 302-64-029-A

Community Details

Overview

  • Building Dimensions are 0.34 acres /14,997 sq. ft.
  • Greater Chandler Add Blk 7 Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $4,935

Property Details

Property Type

Other

Est. Annual Taxes

$4,935

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: Oakland St and Arizona Ave.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Bar
  • Number Of Buildings: 1
  • Year Built: 1936
  • Tax Year: 2018
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: GREATER CHANDLER ADD BLK 7
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Tilt-Up, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 32.0
  • Total Parking Spaces: 32.0
  • General Property Description:Uncvrd Parking Spcs: 32.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size: 0.34 acres /14,997 sq. ft.
  • Lot Size Sq Ft: 14997.0
  • Additional Parcels: Yes
  • Parcel #: 302-64-029-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4935.0
  • Leasable Area: 1674.0

Tax Info

  • Tax Annual Amount: 4935.0
  • Tax Book Number: 302.00
  • Tax Lot: 5
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Tlp Ventures Llc
Bought by
481 N Arizona Ave Llc
Current Estimated Value
$525,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$815,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2021
Sold by
El Nuevo Coyote Llc
Bought by
Tlp Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 26, 2019
Closed on
Nov 26, 2019
Sold by
Watt Emanuela
Bought by
Ei Nuevo Coyote Llc
Seller's Agent
George Contreras
Delex Realty
Buyer's Agent
George Contreras
DeLex Realty
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%

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
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 20, 2015
Closed on
Oct 2, 2015
Sold by
Magallanes Ruben R and Magallanes Isabel
Bought by
Watt Emanuela
Seller's Agent
George Contreras
DeLex Realty
Buyer's Agent
George Contreras
DeLex Realty
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$200,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 17, 1997
Sold by
Gantzel Maurine L
Bought by
Magallanes Ruben R and Magallanes Isabel

Purchase Details

Closed on
Oct 24, 1996
Sold by
Gantzel Maurine L
Bought by
Gantzel Maurine L and Gantzel Family Trust
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
481 N Arizona Llc -- Equitable Title
Tlp Ventures Llc $450,000 Silo Title Agency Llc
Ei Nuevo Coyote Llc $350,000 Driggs Title Agency Inc
Watt Emanuela $270,000 First Arizona Title Agency
Gantzel Maurine L -- --
Gantzel Maurine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 481 N Arizona Llc $825,000
Previous Owner Tlp Ventures Llc $250,000
Previous Owner Tlp Ventures Llc $250,000
Previous Owner Tlp Ventures Llc $430,000
Previous Owner Ei Nuevo Coyote Llc $255,000
Previous Owner Watt Emanuela $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $400,000 -15.8% $124 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $475,000 +35.7% $147 / Sq Ft
08/28/2015 08/28/15 Sold $350,000 -17.6% $108 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $425,000 -- $131 / 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 $4,970 $52,378 -- --
2024 $5,022 $51,442 -- --
2023 $5,022 $75,463 $39,185 $36,278
2022 $5,007 $70,613 $37,275 $33,338
2021 $5,293 $71,856 $38,340 $33,516
2020 $5,264 $71,064 $37,872 $33,192
2019 $5,079 $68,598 $37,224 $31,374
2018 $4,935 $58,122 $27,360 $30,762
2017 $4,636 $53,784 $25,344 $28,440
2016 $4,478 $48,294 $22,626 $25,668
2015 $4,413 $39,831 $20,073 $19,758
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    George Contreras

    DeLex Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5944761

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-64-029A

Arizona Maricopa County Chandler 85225 North Chandler

481 N Arizona Ave, Chandler, AZ

This home is located at 481 N Arizona Ave, Chandler, AZ 85225 since 26 June 2019 and is currently priced at $525,375, approximately $162 per square foot. This property was built in 1936. 481 N Arizona Ave 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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