NOT LISTED FOR SALE

Estimated Value: $501,000 - $692,000

6 Beds
4 Baths
2,000 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $104,000 $52 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $3,147/month

1 Day on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heating Available
  • Chandler High School Rated A-

About This Home

As of September 2012

RARE INCOME PROPERTY IN THE HEART OF CHANDLER. BOTH UNITS ARE 3 BEDROOM 2 BATH AND LEASED.

Last Agent to Sell the Property

Eleazar Medrano

HomeSmart License #SA545022000 Listed on: 05/31/2012

HomeSmart

Last Buyer's Agent

Eleazar Medrano

HomeSmart License #SA545022000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1980

Lot Details

  • 0.26

Home Design

  • Composition Shingle Roof
  • Block Exterior

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Schools

  • Chandler High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • $848 per year Dock Fee
  • 2 Units
  • Building Dimensions are 11,356

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas, landscaping, sewer, trash, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,205

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Tax Municipality: Chandler
  • Construction Finish: Painted
  • Cross Street: ARIZONA/RAY
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 20
  • Roads Streets: Curb(s) & Gutter(s), Sidewalk(s)
  • Property Type: F
  • Legal Description Abbrev: Arcadia Village 01
  • Marketing Name: DUPLEX
  • Ownership: Fee Simple
  • Map Code Grid: T39
  • Year Built: 1980
  • Tax Year: 2011
  • Directions: E. ON RAY, S. ON HAMILTON, E. ON LAREDO. PROPERTY ON S/E CORNER OF HAMILTON/LAREDO
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: 1 Space/Unit, Carport
  • Total Parking Spaces: 2.00
  • Covered Parking Spaces: 2.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Cooling: Electric
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Middle School: Willis Junior High School
  • High School: Chandler High School
  • High School: Chandler High School
  • Junior High School: Willis Junior High School

Lot Info

  • Lot Size: 11,356

Multi Family

  • Number Of Three Bedroom Units: 2
  • Tenant Pays: Cable TV, Electric, Gas, Landscaping, Sewer, Trash, Water
  • Three Bedroom Units Avg Rent: 600.00
  • Three Bedroom Units Avg Sq Ft: 1000
  • Three Bedroom Units Baths: 2
  • Total Numberof Buildings: 1
  • Total Numberof Units: 2.00

Tax Info

  • Taxes: 848.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2016
Sold by
Cleniente Rosa A
Bought by
Clemente Corena and Duarte Jesus
Current Estimated Value
$576,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2014
Sold by
Hernandez Jose Luis
Bought by
Clemente Rosa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2012
Closed on
Sep 13, 2012
Sold by
Hernandez Silvia Gonzalez
Bought by
Hernandez Jose Luis
Seller's Agent
Eleazar Medrano
HomeSmart
Buyer's Agent
Eleazar Medrano
HomeSmart
List Price
$90,000
Sold Price
$104,000
Premium/Discount to List
$14,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%
Original Mortgage
$102,116
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2009
Sold by
Woodland Mark
Bought by
Woodland Mark and Woodland Cheryl
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
Clemente Corena $170,000 Security Title Agency Inc
Clemente Rosa A $130,000 Empire West Title Agency
Hernandez Jose Luis -- Great American Title Agency
Hernandez Jose Luis $104,000 Great American Title Agency
Woodland Mark -- Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemente Corena $166,920
Previous Owner Clemente Rosa A $127,645
Previous Owner Hernandez Jose Luis $102,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $104,000 +15.6% $52 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $90,000 -- $45 / 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 $1,205 $15,688 -- --
2024 $1,180 $14,941 -- --
2023 $1,180 $38,610 $7,720 $30,890
2022 $1,139 $29,220 $5,840 $23,380
2021 $1,194 $27,530 $5,500 $22,030
2020 $1,188 $26,830 $5,360 $21,470
2019 $1,143 $20,930 $4,180 $16,750
2018 $1,107 $17,750 $3,550 $14,200
2017 $1,031 $16,870 $3,370 $13,500
2016 $994 $14,630 $2,920 $11,710
2015 $963 $13,450 $2,690 $10,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4767046

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-68-025