NOT LISTED FOR SALE

571 N Jay St Chandler, AZ 85225

Arrowhead Meadows Neighborhood

Estimated Value: $513,898 - $781,000

4 Beds
-- Bath
2,491 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $339,000 $136 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,585/month

63 Days on Market

Highlights

  • 4 Car Attached Garage
  • Cooling Available
  • Heating Available
  • Chandler High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of May 2020

Great duplex near downtown Chandler. Both units are large with 1,250 square feet, 2 bedrooms, 1 bath. Attached 2-car carport and fenced backyard. Property has been very well maintained. New roof less than 4 years old. Both AC units less than 2 years old. New water heater 2019. Well established part of Chandler, close to downtown, schools and freeway. Fair market rent is probably closer to $1,250/mo for each unit.

Last Agent to Sell the Property

Nathaniel Pierce

Venture REI, LLC License #SA512470000 Listed on: 03/24/2020

Venture REI, LLC

Co-Listed By

Thomas Espinosa

AZ Dream Homes License #SA647984000

Last Buyer's Agent

Thomas Espinosa

Venture REI, LLC License #SA647984000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1958

Lot Details

  • 10,411

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 112
  • Assessor Parcel Number 302-51-026-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 124x84
  • Tyson Manor 2 Subdivision

Building Details

  • Operating Expense $1,647
  • Gross Income $21,000
  • Net Operating Income $19,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,047

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Chandler & Alma School
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2019
  • Directions: North on Alma School from Chandler to Galveston. East on Galveston to Jay, south to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-858-8734
  • Subdivision Name: TYSON MANOR 2
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attached, Common
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

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

Lot Info

  • Lot Size: 124x84
  • Additional Parcels: No
  • Parcel #: 302-51-026-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 19353.0
  • Annual Operating Expense: 1647.0

Tax Info

  • Tax Annual Amount: 1047.0
  • Tax Book Number: 302.00
  • Tax Lot: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Lamenskie Elizabeth H
Bought by
571 N Jay Street Llc
Current Estimated Value
$659,725

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 27, 2020
Sold by
Lau Jennifer and Lau Kai
Bought by
Lamenskie Elizabeth H and The Elizabeth H Lamenskie Trus
Seller's Agent
Nathaniel Pierce
Venture REI, LLC
Buyer's Agent
Thomas Espinosa
AZ Dream Homes
List Price
$349,900
Sold Price
$339,000
Premium/Discount to List
-$10,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
Sep 20, 2006
Sold by
Lau Kai Che and Lau Jennifer H
Bought by
Zodiac Enterprise Llc

Purchase Details

Closed on
Mar 17, 2005
Sold by
The Estate Of Velma Jean Buddemeyer and Elmblad Susan Marie
Bought by
Lau Kai C and Lau Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
1.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
571 N Jay Street Llc -- None Available
Lamenskie Elizabeth H $339,000 Fidelity Natl Ttl Agcy Inc
Zodiac Enterprise Llc $247,500 None Available
Lau Kai C $247,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Kai C $194,000
Previous Owner Lau Kai C $183,750
Closed Lau Kai C $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $339,000 -3.1% $136 / Sq Ft
03/24/2020 03/24/20 For Sale $349,900 -- $140 / 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 $1,212 $13,170 -- --
2024 $1,090 $12,543 -- --
2023 $1,090 $50,170 $10,030 $40,140
2022 $1,054 $33,950 $6,790 $27,160
2021 $1,093 $30,220 $6,040 $24,180
2020 $1,087 $25,080 $5,010 $20,070
2019 $1,047 $18,370 $3,670 $14,700
2018 $1,016 $18,110 $3,620 $14,490
2017 $951 $14,770 $2,950 $11,820
2016 $918 $13,170 $2,630 $10,540
2015 $884 $11,400 $2,280 $9,120
Source: Public Records

Agents Affiliated with this Home

  • Nathaniel Pierce

    Seller's Agent in 2020

    Nathaniel Pierce

    Venture REI, LLC

    (602) 647-4411

    81 Total Sales

    Nathaniel Pierce
    Section Image
  • Thomas Espinosa

    Seller Co-Listing Agent in 2020

    Thomas Espinosa

    AZ Dream Homes

    (480) 639-7807

    84 Total Sales

    Thomas Espinosa
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6055816

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-51-026A

Arizona Maricopa County Chandler 85225 Arrowhead Meadows

571 N Jay St, Chandler, AZ

This home is located at 571 N Jay St, Chandler, AZ 85225 since 24 March 2020 and is currently estimated at $659,725, approximately $264 per square foot. This property was built in 1958. 571 N Jay St is a home located in Maricopa County with nearby schools including Hartford Sylvia Encinas Elementary School, Chandler High School, and Andersen 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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