NOT LISTED FOR SALE

Estimated Value: $420,857 - $536,000

4 Beds
-- Bath
1,638 Sq Ft
$305/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $494,000 $302 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,729/month

27 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Ceiling Fan
  • Andersen Elementary School Rated A-
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of February 2022

Opportunity awaits at this single-level duplex offering 2BR/1BA units with no HOA. Amenities include in-unit washer/dryer hookups, private patios, and parking. Excellent value-add through additional renovations. AMAZING LOCATION! Less than 10 minutes to Loop 101 FWY, shopping, dining, Chandler Fashion Center, and San Marcos Golf Course. Less than 20 minutes to Arizona State University and Sky Harbor Airport.

Last Agent to Sell the Property

Mark Captain

Keller Williams Realty Sonoran Living License #SA637086000 Listed on: 12/21/2021

Keller Williams Realty Sonoran Living

Co-Listed By

Kirsten Martin

Keller Williams Realty Sonoran Living License #SA673740000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1976

Lot Details

  • 7,667

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Knox Gifted Academy Elementary School
  • Bogle Junior High School
  • Chandler High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 51
  • Assessor Parcel Number 302-42-056

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7,684
  • Chandler Mobile Manor Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $3,566
  • Gross Income $21,360
  • Net Operating Income $18,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,003

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd & Knox Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwsl02
  • Co List Office Phone: 480-948-3338
  • Subdivision Name: CHANDLER MOBILE MANOR
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 540.0

Schools

  • Elementary School: Knox Gifted Academy
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 7,684
  • Additional Parcels: No
  • Parcel #: 302-42-056

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 21360.0
  • Insurance Expense: 822.96
  • Property Net Operating Income: 18617.04
  • Annual Operating Expense: 3565.96
  • Vacancy Allowance Rate: 2.0

Tax Info

  • Tax Annual Amount: 1003.0
  • Tax Book Number: 302.00
  • Tax Lot: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 15, 2022
Sold by
Lm Barnes Holdings Lllp
Bought by
Munoz Javier Luis
Seller's Agent
Mark Captain
Keller Williams Realty Sonoran Living
List Price
$500,000
Sold Price
$494,000
Premium/Discount to List
-$6,000
-1.2%
Current Estimated Value
$500,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,214
Avg. Annual Appreciation
0.33%
Original Mortgage
$370,500
Outstanding Balance
$299,002
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$201,212

Purchase Details

Closed on
Oct 27, 2021
Sold by
Barnes Leslie Ann and Barnes Michael
Bought by
Lm Barnes Holdings Lllp

Purchase Details

Closed on
Dec 14, 2005
Sold by
Kernen Thomas J and Kernen Susan J Hooper
Bought by
Barnes Euell L and Barnes Michael

Purchase Details

Closed on
Nov 16, 2004
Sold by
Mitchell Matt and Aelony Avram
Bought by
Kernen Thomas J and Kernen Susan J Hooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Ellis Mark S and Ellis Danette M
Bought by
Mitchell Matt and Aeloney Avram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Mitchell Elizabeth
Bought by
Mitchell Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2002
Sold by
C & L Vi Lc
Bought by
Ellis Mark S and Ellis Danette M
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
Munoz Javier Luis $494,000 Arizona Title
Lm Barnes Holdings Lllp -- None Available
Barnes Euell L $300,000 Transnation Title
Kernen Thomas J $210,000 Capital Title Agency Inc
Mitchell Matt $165,000 Chicago Title Insurance Co
Mitchell Matthew -- Chicago Title Insurance Co
Ellis Mark S $165,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Javier Luis $370,500
Previous Owner Kernen Thomas J $167,100
Previous Owner Mitchell Matt $132,000
Closed Mitchell Matt $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $494,000 -1.2% $302 / Sq Ft
12/21/2021 12/21/21 For Sale $500,000 -- $305 / 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 $1,044 $11,160 -- --
2024 $1,007 $10,629 -- --
2023 $1,007 $31,110 $6,220 $24,890
2022 $975 $25,960 $5,190 $20,770
2021 $1,003 $22,300 $4,460 $17,840
2020 $997 $18,200 $3,640 $14,560
2019 $962 $15,480 $3,090 $12,390
2018 $935 $13,150 $2,630 $10,520
2017 $878 $12,400 $2,480 $9,920
2016 $848 $10,560 $2,110 $8,450
2015 $813 $9,720 $1,940 $7,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6334269

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-42-056