NOT LISTED FOR SALE

Estimated Value: $823,707 - $951,000

Studio
-- Bath
3,922 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $623,000 $159 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,191 / mo

1 Day on Market

Highlights

  • Cooling Available
  • Central Heating
  • Carpet
  • Andersen Junior High School Rated A-

About This Home

As of December 2020

Amazing Investment Opportunity in Chandler! No HOA! All 4 units boast a huge 981 sq ft, 2 bedrooms and 1 bath. Each unit comes with private washer & dryer hookups, its own private patio/courtyard, and have 1 assigned covered carport space with 5 available slab parking spaces for tenants and visitors. Roof is flat and sealed with a plastic roofing material. Take advantage of the rare opportunity as it will not last long!

Last Agent to Sell the Property

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 12/03/2020

My Home Group Real Estate

Co-Listed By

James Roberts

My Home Group Real Estate License #SA639379000

Last Buyer's Agent

Shamile Botzman

Premier Agent Network License #SA633919000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces
  • Carport
  • Assigned Parking

Schools

  • Erie Elementary School
  • Chandler High School

Utilities

  • Cooling Available
  • Central Heating
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water
  • Legal Lot and Block 119 / 1010
  • Assessor Parcel Number 302-48-797

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60'X200'
  • Colonia Granada Unit 5 Subdivision

Building Details

  • Operating Expense $2,264
  • Gross Income $41,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1984

Lot Details

0.28 Acres

Listing Details

  • Cross Street: Ray Road & Dobson
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: 4-PLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: COLONIA GRANADA UNIT 5
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Erie Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 60'X200'
  • Additional Parcels: No
  • Parcel #: 302-48-797

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 41100.0
  • Annual Operating Expense: 2264.0

Tax Info

  • Tax Annual Amount: 2264.0
  • Tax Block: 1010
  • Tax Book Number: 302.00
  • Tax Lot: 119

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

Closed on
Jul 23, 2021
Sold by
Bought by
Current Estimated Value
$909,427

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Shamile Botzman
Premier Agent Network
List Price
$600,000
Sold Price
$623,000
Premium/Discount to List
$23,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$446,250
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 21, 2020
Sold by
Bought by
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Shamile Botzman
Premier Agent Network
List Price
$600,000
Sold Price
$623,000
Premium/Discount to List
$23,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
0.061%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
0.055%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
0.055%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
0.0596%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Bought by

Purchase Details

Closed on
May 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- Great American Title Agency
-- Great American Title Agency
$622,000 Great American Title Agency
$398,000 First American Title Ins Co
$440,000 Title Guaranty Agency Of Az
-- --
-- Capital Title Agency Inc
-- Transnation Title Insurance
-- Transnation Title Insurance
-- Chicago Title Insurance Co
$160,000 Chicago Title Insurance Co
-- Chicago Title Insurance Co
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 $446,250
Previous Owner $446,250
Previous Owner $295,000
Previous Owner $298,500
Previous Owner $162,500
Previous Owner $170,100
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
12/30/2020 12/30/20 Sold $623,000 +3.8% $159 / Sq Ft
12/29/2020 12/29/20 For Sale $600,000 0.0% $153 / Sq Ft
12/29/2020 12/29/20 Price Changed $600,000 0.0% $153 / Sq Ft
12/03/2020 12/03/20 For Sale $600,000 -- $153 / 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 $2,370 $25,342
2024 $2,287 $24,135
2023 $2,287 $56,870 $11,370 $45,500
2022 $2,215 $44,460 $8,890 $35,570
2021 $2,277 $39,220 $7,840 $31,380
2020 $2,264 $37,560 $7,510 $30,050
2019 $2,185 $29,880 $5,970 $23,910
2018 $2,122 $25,110 $5,020 $20,090
2017 $1,994 $18,660 $3,730 $14,930
2016 $1,926 $17,850 $3,570 $14,280
2015 $1,847 $21,420 $4,280 $17,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6167287

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-48-797

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