NOT LISTED FOR SALE

7450 W Chandler Blvd Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $3,568,009

-- Bed
-- Bath
5,891 Sq Ft
$606/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,660,000 $282 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $20,831/month

17 Days on Market

Highlights

  • 1.35 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Kyrene del Pueblo Middle School Rated A-
  • Central Air

About This Home

As of November 2021

Located at the high traffic intersection of Chandler Blvd. and 1 10 freeway. Formerly a restaurant complete with 976 covered patio and 97 parking spaces. Seller will consider a lease with right terms. In Chandler Technology Center adjacent to Homewood Suites and Hampton Inn. 5,890 square foot building on a 58,989 sq ft lot. Vehicle per day is equal to 156,132.

Last Agent to Sell the Property

Carolyn Herrera

Portrait Real Estate License #BR558785000 Listed on: 09/22/2021

Last Buyer's Agent

Carolyn Herrera

Portrait Real Estate License #BR558785000 Listed on: 09/22/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,678

Year Built

  • Built in 1989

Lot Details

  • 1.35 Acre Lot
  • Property is zoned PAD

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 5,891 Sq Ft Home
  • Concrete Flooring

Parking

  • 97 Open Parking Spaces
  • 97 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Chandler Technology Center Lot 1 24 Tr A D Subdivision
  • Community Kitchen
  • Operating Expense $17,788

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 301-84-118-A

Property Details

Property Type

Other

Est. Annual Taxes

$17,678

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Cross Street: 1 10 fwy and Chandler BLVD
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: PAD
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Year Built: 1989
  • Tax Year: 2021
  • Directions: Exit 10 freeway at Chandler BLVD head east for .4 miles property is on North Side of Street.
  • Lot Size Acres: 1.35
  • Road Surface Type: Asphalt
  • Subdivision Name: CHANDLER TECHNOLOGY CENTER LOT 1-24 TR A-D
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 97.0
  • Total Parking Spaces: 97.0
  • General Property Description:Uncvrd Parking Spcs: 97.0
  • General Property Description:Total Parking Spcs: 97.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 58989.0
  • Additional Parcels: No
  • Parcel #: 301-84-118-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 17788.0

Tax Info

  • Tax Annual Amount: 17678.0
  • Tax Book Number: 301.00
  • Tax Lot: 3
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Pacific Oakmark Chandler Llc
Bought by
1132 Elm Avenue Llc
Current Estimated Value
$3,568,009

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 12, 2021
Sold by
Counting Stars Lp
Bought by
Pacific Oakmark Chandler Llc
Seller's Agent
Carolyn Herrera
Portrait Real Estate
Buyer's Agent
Carolyn Herrera
Portrait Real Estate
List Price
$1,750,000
Sold Price
$1,660,000
Premium/Discount to List
-$90,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Hindbo Joseph and Hindbo Kuntala
Bought by
Counting Stars Lp

Purchase Details

Closed on
Aug 8, 2016
Sold by
National Retail Properties Inc
Bought by
Endless Investments Usa Lp

Purchase Details

Closed on
Jan 3, 2001
Sold by
Captec Net Lease Realty Inc
Bought by
Arizona Department Of Transportation

Purchase Details

Closed on
Nov 3, 1997
Sold by
Arizona Clubhouse Llc
Bought by
Captec Net Lease Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
7.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1996
Sold by
Sizzler Restaurant International Inc
Bought by
Arizona Clubhouse Llc
Source: Public Records

Range of Values:

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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
1132 Elm Ave Llc $3,500,000 None Listed On Document
1132 Elm Ave Llc $3,500,000 None Listed On Document
Pacific Oakmark Chandler Llc $1,660,000 Fidelity Natl Ttl Agcy Inc
Counting Stars Lp -- Accommodation
Hindbo Joseph -- Accommodation
Endless Investments Usa Lp $1,325,000 Fidelity National Title
Arizona Department Of Transportation -- Security Title Agency
Captec Net Lease Realty Inc $1,270,535 First American Title
Arizona Clubhouse Llc $725,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Captec Net Lease Realty Inc $100,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $1,660,000 -5.1% $282 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,750,000 -- $297 / 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 $16,679 $174,175 -- --
2024 $16,878 $171,065 -- --
2023 $16,878 $272,459 $141,678 $130,781
2022 $16,634 $274,733 $150,238 $124,495
2021 $17,678 $283,860 $154,530 $129,330
2020 $17,305 $309,798 $177,948 $131,850
2019 $16,830 $287,802 $159,030 $128,772
2018 $16,334 $270,216 $141,354 $128,862
2017 $15,632 $281,358 $130,878 $150,480
2016 $15,850 $229,392 $115,830 $113,562
2015 $15,008 $174,400 $69,653 $104,747
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Herrera

    Seller's Agent in 2021

    Carolyn Herrera

    Portrait Real Estate

    (480) 768-7297

    1 in this area

    26 Total Sales

    Carolyn Herrera
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6296748

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-84-118A

Arizona Maricopa County Chandler 85226 West Chandler

7450 W Chandler Blvd, Chandler, AZ

This home is located at 7450 W Chandler Blvd, Chandler, AZ 85226 since 22 September 2021 and is currently estimated at $3,568,009, approximately $605 per square foot. This property was built in 1989. 7450 W Chandler Blvd is a home located in Maricopa County with nearby schools including Kyrene de las Manitas School, Kyrene del Pueblo Middle School, and Mountain Pointe 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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