NOT LISTED FOR SALE

736 W Knox Rd Chandler, AZ 85225

North Chandler Neighborhood

Estimated Value: $774,000 - $916,000

4 Beds
-- Bath
3,528 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $780,000 $221 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,781/month

8 Days on Market

About This Home

As of September 2023

ELEVATE YOUR PORTFOLIO! Own a slice of the thriving Chandler community—one of the most sought-after and rapidly growing areas in The Valley. This is the kind of property that rarely comes on the market, having been under the same ownership for over 28 years. This 4-plex is perfect for those who want the benefits of a stable rental income history with the opportunity to value-add. Each unit is approximately 882 SF, with 2 bedrooms & 2 bathrooms, in-unit laundry, and central A/C. Parking is a breeze with a dedicated parking lot in the rear of the property with alley access and parking for up to 8 cars, 4 of which are covered. Situated just minutes from Downtown Chandler and the employment corridors, with parks and shopping, ease of access to all of the amenities that make this city so desirable. Valued on its current income, this property presents the right canvas for those seasoned real estate investors looking for a solid addition to their portfolio, or someone seeking a dynamic opportunity to capitalize on its location and established success.

Last Agent to Sell the Property

Ruth Price

RETSY License #BR689601000 Listed on: 08/30/2023

RETSY

Last Buyer's Agent

Jose Reyes Alvarez

RETSY License #SA685928000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1985

Lot Details

  • 10,542

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • John M Andersen Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Additional Features

  • Property fronts an alley
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 42
  • Assessor Parcel Number 302-42-101-A

Community Details

Overview

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

Building Details

  • Operating Expense $20,452
  • Gross Income $56,088
  • Net Operating Income $40,413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,863

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd + Knox
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: [M-H]
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: Alma School Rd - East on Knox Property is on the north side of the road
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 4777.0
  • Subdivision Name: CHANDLER MANOR
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit, Carport
  • 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 Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: John M Andersen Elementary School
  • 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: 85x124
  • Additional Parcels: No
  • Parcel #: 302-42-101-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 56088.0
  • Property Net Operating Income: 40413.0
  • Annual Operating Expense: 20452.0

Tax Info

  • Tax Annual Amount: 1863.0
  • Tax Book Number: 302.00
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Rodriguez Hector R
Bought by
Dyh Real Estate Llc
Current Estimated Value
$828,858

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 15, 2023
Sold by
Dyh Real Estate Group Llc
Bought by
Rodriguez Hector R
Seller's Agent
Ruth Price
RETSY
Buyer's Agent
Jose Reyes Alvarez
RETSY
List Price
$740,000
Sold Price
$780,000
Premium/Discount to List
$40,000
5.41%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$585,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 29, 2023
Sold by
Cmh Rental Llc
Bought by
Dyh Real Estate Group Llc
Seller's Agent
Ruth Price
RETSY
Buyer's Agent
Jose Reyes Alvarez
RETSY
List Price
$740,000
Sold Price
$780,000
Premium/Discount to List
$40,000
5.41%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1996
Sold by
Howard Celeste M
Bought by
Cmh Rental Llc

Purchase Details

Closed on
Jul 14, 1995
Sold by
Lamoureux Eugene and Lamoureux Dennis
Bought by
Howard Celeste M and Cmh Trust
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
Dyh Real Estate Llc -- None Listed On Document
Rodriguez Hector R -- Old Republic Title Agency
Dyh Real Estate Group Llc $780,000 Empire Title Agency
Cmh Rental Llc -- --
Howard Celeste M $130,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Hector R $585,000
Previous Owner Dyh Real Estate Group Llc $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $780,000 +5.4% $221 / Sq Ft
08/30/2023 08/30/23 For Sale $740,000 -- $210 / 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 $1,962 $21,319 -- --
2024 $1,924 $20,304 -- --
2023 $1,924 $57,800 $11,560 $46,240
2022 $1,863 $48,050 $9,610 $38,440
2021 $1,915 $39,550 $7,910 $31,640
2020 $1,904 $32,060 $6,410 $25,650
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 $20,880 $4,170 $16,710
2015 $1,553 $19,600 $3,920 $15,680
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ruth Price

    RETSY

    (602) 908-8946

    1 in this area

    45 Total Sales

    Ruth Price
    Section Image
  • Jose Reyes Alvarez

    Buyer's Agent in 2023

    Jose Reyes Alvarez

    RETSY

    (602) 903-8565

    1 in this area

    153 Total Sales

    Jose Reyes Alvarez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6596390

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-42-101A

Arizona Maricopa County Chandler 85225 North Chandler

736 W Knox Rd, Chandler, AZ

This home is located at 736 W Knox Rd, Chandler, AZ 85225 since 30 August 2023 and is currently estimated at $828,858, approximately $234 per square foot. This property was built in 1985. 736 W Knox Rd is a home located in Maricopa County with nearby schools including Andersen Elementary School, Andersen Junior High School, and Chandler 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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