NOT LISTED FOR SALE

724 W Knox Rd Chandler, AZ 85225

North Chandler Neighborhood

Estimated Value: $621,119 - $969,000

-- Bed
-- Bath
3,528 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $315,000 $89 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,135/month

8 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Andersen Elementary School Rated A-

About This Home

As of January 2016

FOUR UNITS, EACH 2 BEDROOM, 2 BATHROOM. COVERED PARKING, PERFECT INVESTMENT PROPERTY.

Last Agent to Sell the Property

Richard Ashby

Ashby Realty Group, LLC License #BR516075000 Listed on: 12/17/2015

Last Buyer's Agent

Renata Kilby

Keller Williams Realty Phoenix License #SA554227000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1985

Lot Details

  • 10,585

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Knox Gifted Academy Elementary School
  • Michael Anderson Middle School
  • Chandler High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 45
  • Assessor Parcel Number 302-42-101-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 85x124
  • Chandler Manor Subdivision

Building Details

  • Gross Income $31,500
  • Net Operating Income $2,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,553

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: ALMA SCHOOL & WARNER
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER MANOR
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Central A/C, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 950.0

Schools

  • Elementary School: Knox Gifted Academy
  • High School: Chandler High School
  • Middle Or Junior School: Michael Anderson

Lot Info

  • Lot Size: 85x124
  • Additional Parcels: No
  • Parcel #: 302-42-101-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31500.0
  • Insurance Expense: 1337.0
  • Property Net Operating Income: 2625.0

Tax Info

  • Tax Annual Amount: 1553.0
  • Tax Book Number: 302.00
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2015
Closed on
Mar 1, 2016
Sold by
Barrett James and Barrett Nancy
Bought by
Vista Star Properties Ii Llc
Seller's Agent
Richard Ashby
Ashby Realty Group, LLC
Buyer's Agent
Renata Kilby
Keller Williams Realty Phoenix
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$753,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,780
Avg. Annual Appreciation
9.24%
Original Mortgage
$200,000
Outstanding Balance
$158,141
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$595,639

Purchase Details

Listed on
Dec 17, 2015
Closed on
Jan 13, 2016
Sold by
Trotter Dennis Earl
Bought by
Vista Star Poperties Ii Llc
Seller's Agent
Richard Ashby
Ashby Realty Group, LLC
Buyer's Agent
Renata Kilby
Keller Williams Realty Phoenix
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$158,141
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$595,639

Purchase Details

Closed on
Jun 15, 1995
Sold by
Lamoureux Eugene
Bought by
Trotter Dennis Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,125
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vista Star Properties Ii Llc -- Accommodation
Barrett James -- Great Amer Title Agency Inc
Vista Star Poperties Ii Llc $315,000 Chicago Title Agency Inc
Trotter Dennis Earl $138,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett James $200,000
Previous Owner Trotter Dennis Earl $126,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2016 01/20/16 Sold $315,000 0.0% $89 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $315,000 -- $89 / 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 $1,993 $21,319 -- --
2024 $1,924 $20,304 -- --
2023 $1,924 $57,820 $11,560 $46,260
2022 $1,863 $48,060 $9,610 $38,450
2021 $1,915 $39,560 $7,910 $31,650
2020 $1,904 $32,070 $6,410 $25,660
2019 $1,838 $27,530 $5,500 $22,030
2018 $1,785 $23,150 $4,630 $18,520
2017 $1,677 $23,680 $4,730 $18,950
2016 $1,620 $20,900 $4,180 $16,720
2015 $1,553 $19,600 $3,920 $15,680
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Ashby

    Ashby Realty Group, LLC

    (602) 330-4664

    133 Total Sales

    Richard Ashby
    Section Image

  • R

    Buyer's Agent in 2016

    Renata Kilby

    Keller Williams Realty Phoenix

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5374030

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-42-101B

Arizona Maricopa County Chandler 85225 North Chandler

724 W Knox Rd, Chandler, AZ

Not Listed for Sale

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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