$440,000
SOLD OCT 14, 2022

751 N Delaware St Unit A & B Chandler, AZ 85225

North Chandler Neighborhood
-- Bed
-- Bath
-- Sq Ft
8,102 Sq Ft Lot

Recently Sold

8% Below List Price

94 Days on Market

Highlights

  • Cooling Available
  • Chandler High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of October 2022

Downtown Chandler duplex available for sell! Recently upgraded and rented out provides low maintenance costs and immediate cash flow. This property includes a 2 bedroom 1 bathroom unit and a 1 bedroom 1 bathroom unit on the other side. Both units have their own private backyards with washer and dryer hookups. Both units offer modern touches with fresh painted cabinets, countertops, stainless steel appliances, tile bathrooms and much more. Located minutes from downtown Chandler.

Last Agent to Sell the Property

Tanner Lee

One Way Homes License #BR660785000 Listed on: 06/17/2022

Last Buyer's Agent

David Prom

N.B. Andrews and Associates License #BR551476000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 5 / 7
  • Assessor Parcel Number 302-66-109-G

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8100 square ft
  • Lundquist Manor Subdivision

Building Details

  • Operating Expense $4,072
  • Gross Income $33,600
  • Net Operating Income $29,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Arizona & Ray
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Subdivision Name: LUNDQUIST MANOR
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 900.0

Lot Info

  • Lot Size: 8100 square ft
  • Additional Parcels: No
  • Parcel #: 302-66-109-G

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Insurance Expense: 650.0
  • Property Net Operating Income: 29528.0
  • Annual Operating Expense: 4072.0

Tax Info

  • Tax Annual Amount: 722.0
  • Tax Block: 7
  • Tax Book Number: 302.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 21, 2022
Sold by
Mcadams Ellen and Mcadams Tyler
Bought by
Jimmie And Susan Pamplin Family Trust
Seller's Agent
Tanner Lee
One Way Homes
Buyer's Agent
David Prom
N.B. Andrews and Associates
List Price
$479,500
Sold Price
$440,000
Premium/Discount to List
-$39,500
-8.24%
Views
30
Current Estimated Value
$409,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,337
Avg. Annual Appreciation
-2.56%

Purchase Details

Closed on
May 17, 2022
Sold by
Macpak Homes Llc
Bought by
Mcadams Ellen and Mcadams Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,300
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2021
Sold by
Zapata Cynthia
Bought by
Macpak Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 11, 2021
Sold by
Keyglee Holdings Inc
Bought by
Zapata Cynthia
Seller's Agent
David Newman
Elite Partners
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$230,000
Premium/Discount to List
-$170,000
-42.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$269,991
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Abma Lisa D
Bought by
Crusoe Albert A and Crusoe Janice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,350
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 8, 2005
Sold by
Gallo Rafael and Gallo Juana
Bought by
Abma Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Community Services Of Arizona
Bought by
Gallo Rafael and Gallo Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Community Services Of Arizona
Bought by
Community Services Of Arizona
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 First American Title
Warranty Deed -- First American Title
Warranty Deed $285,000 Magnus Title Agency
Warranty Deed $289,990 West Title
Warranty Deed $230,000 West Title
Warranty Deed $193,500 Security Title Agency Inc
Warranty Deed $158,000 Security Title Agency Inc
Warranty Deed $112,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $256,300 New Conventional
Previous Owner $242,000 Commercial
Previous Owner $269,991 Purchase Money Mortgage
Previous Owner $143,433 New Conventional
Previous Owner $19,350 Stand Alone Second
Previous Owner $154,800 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $106,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $440,000 -8.2% --
09/19/2022 09/19/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $479,500 +9.0% --
09/01/2022 09/01/22 Off Market $440,000 -- --
08/11/2022 08/11/22 Price Changed $479,500 -2.0% --
07/29/2022 07/29/22 Price Changed $489,500 -1.0% --
07/22/2022 07/22/22 Price Changed $494,500 -1.0% --
07/08/2022 07/08/22 Price Changed $499,500 -3.0% --
07/02/2022 07/02/22 Price Changed $515,000 -1.9% --
06/17/2022 06/17/22 For Sale $525,000 +128.3% --
08/13/2021 08/13/21 Sold $230,000 -42.5% --
07/22/2021 07/22/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $400,000 -- --
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 $739 $8,034 -- --
2024 $725 $7,651 -- --
2023 $725 $27,920 $5,580 $22,340
2022 $702 $19,370 $3,870 $15,500
2021 $722 $17,350 $3,470 $13,880
2020 $718 $15,520 $3,100 $12,420
2019 $693 $12,480 $2,490 $9,990
2018 $673 $10,030 $2,000 $8,030
2017 $632 $8,480 $1,690 $6,790
2016 $611 $7,470 $1,490 $5,980
2015 $585 $6,330 $1,260 $5,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6419068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-66-109G