NOT LISTED FOR SALE

575 N Delaware St Chandler, AZ 85225

North Chandler Neighborhood

Estimated Value: $409,051 - $774,000

7 Beds
-- Bath
1,755 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $700,000 $399 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,598/month

25 Days on Market

Highlights

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

About This Home

As of October 2021

Wonderful opportunity! TWO properties, 2 different parcels, great conditions, big parking lot, recreation area, laundry hook up and much more. This is a 'Can't lose the opportunity to enjoy great living or investment property, located in a fast growing city, within walking distance from downtown Chandler, & easy access to 202, 101, 60 freeways, and shopping centers. Don't hesitate to come look at this great condition property. Seller willing to sell the two properties as follows:

Parcel 302-64-130/575 N Delaware St, 3 units= $389,000.00 Parcel 302-64-130/585 N Delaware St, 2 units= $310,000.00

Last Agent to Sell the Property

Alberto Avena

DeLex Realty License #SA569491000 Listed on: 08/18/2021

DeLex Realty

Last Buyer's Agent

Michael Gordon

Grace CRE License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1956

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Assigned Parking

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 8 / B
  • Assessor Parcel Number 302-64-130

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 100 X 50
  • Kerby Mcclough Tract Subdivision

Building Details

  • Operating Expense $732
  • Gross Income $39,000
  • Net Operating Income $34,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: chandler blvd / Arizona ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R 8.5
  • Number Of Buildings: 2
  • Year Built: 1956
  • Tax Year: 2020
  • Road Surface Type: Dirt, Concrete, Sidewalk(s), Alley
  • Subdivision Name: KERBY-MCCLOUGH TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Other, See Remarks
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Attached: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 100 X 50
  • Additional Parcels: Yes
  • Parcel #: 302-64-130

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 39000.0
  • Property Net Operating Income: 34577.0
  • Annual Operating Expense: 732.0

Tax Info

  • Tax Annual Amount: 732.0
  • Tax Block: B
  • Tax Book Number: 302.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 16, 2021
Sold by
Rathi Gaurav and Kakani Garlma
Bought by
Kakani Garima
Seller's Agent
Alberto Avena
DeLex Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$389,000
Sold Price
$700,000
Premium/Discount to List
$311,000
79.95%
Current Estimated Value
$640,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,987
Avg. Annual Appreciation
-4.05%
Original Mortgage
$245,000
Outstanding Balance
$226,201
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$372,277

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 29, 2021
Sold by
Silva Madel and Avena Alberto
Bought by
Rathi Gaurav and Kakani Garima
Seller's Agent
Alberto Avena
DeLex Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$389,000
Sold Price
$700,000
Premium/Discount to List
$311,000
79.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$226,201
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$372,277

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 17, 2021
Sold by
Silva Madel
Bought by
Silva Madel and Avena Alberto
Seller's Agent
Alberto Avena
DeLex Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$389,000
Sold Price
$700,000
Premium/Discount to List
$311,000
79.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.99%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Avena Alberto
Bought by
Burciaga Madel

Purchase Details

Closed on
Mar 7, 2005
Sold by
Avena Patricia
Bought by
Avena Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2003
Sold by
Avena Maria D
Bought by
Avena Alberto and Avena Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Avena Gilberto
Bought by
Avena Maria D

Purchase Details

Closed on
Mar 8, 2000
Sold by
Abbotts Daniel R and Abbotts Patricia A
Bought by
Avena Maria D
Source: Public Records

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
Kakani Garima -- Premier Title Agency
Rathi Gaurav $700,000 Premier Title Agency
Silva Madel -- None Available
Burciaga Madel -- None Available
Avena Alberto -- Capital Title Agency Inc
Avena Alberto -- Grand Canyon Title Agency In
Avena Maria D -- Stewart Title & Trust
Avena Maria D $91,800 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kakani Garima $245,000
Closed Kakani Garima $245,000
Previous Owner Avena Alberto $127,000
Previous Owner Avena Alberto $97,000
Previous Owner Avena Alberto $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $700,000 +0.1% $399 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $699,000 +79.7% $398 / Sq Ft
08/17/2021 08/17/21 For Sale $389,000 -- $222 / 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 $754 $8,197 -- --
2024 $740 $7,806 -- --
2023 $740 $31,610 $6,320 $25,290
2022 $716 $21,930 $4,380 $17,550
2021 $736 $19,060 $3,810 $15,250
2020 $732 $15,670 $3,130 $12,540
2019 $707 $11,710 $2,340 $9,370
2018 $686 $11,620 $2,320 $9,300
2017 $645 $9,510 $1,900 $7,610
2016 $623 $8,230 $1,640 $6,590
2015 $597 $7,180 $1,430 $5,750
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alberto Avena

    DeLex Realty

    Section Image
  • Michael Gordon

    Buyer's Agent in 2021

    Michael Gordon

    Grace CRE

    (858) 774-6058

    1 in this area

    73 Total Sales

    Michael Gordon
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6280740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-64-130

Arizona Maricopa County Chandler 85225 North Chandler

575 N Delaware St, Chandler, AZ

This home is located at 575 N Delaware St, Chandler, AZ 85225 since 18 August 2021 and is currently estimated at $640,013, approximately $364 per square foot. This property was built in 1956. 575 N Delaware St 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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