NOT LISTED FOR SALE

826 E Erie St Unit A & B Chandler, AZ 85225

East Chandler Neighborhood

Estimated Value: $386,000 - $640,000

-- Bed
4 Baths
1,638 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $210,000 $128 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,558/month

45 Days on Market

Highlights

  • Central Air
  • Chandler High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of October 2018

ATTENTION ALL INVESTORS! What a great opportunity to own this duplex in the heart of Chandler. Both units offer 2 bedrooms, 1 bathroom, covered and uncovered parking, NO HOA, and much more. Great cash flow opportunity for any investor. Current tenants in both units have lived there for the past five years and would like to stay.

Last Agent to Sell the Property

Kris Macias

Century 21 Arizona Foothills License #SA578922000 Listed on: 08/11/2018

Century 21 Arizona Foothills

Last Buyer's Agent

Kimberly Brewer

eXp Realty License #SA655063000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1972

Lot Details

  • 7,318

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for water
  • Tax Lot 111
  • Assessor Parcel Number 302-69-160

Community Details

Overview

  • 2 Units
  • Building Dimensions are unknown
  • Wilshire Park Subdivision

Building Details

  • Operating Expense $2,493
  • Net Operating Income $16,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$893

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Chandler Blvd/McQueen
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2017
  • Directions: North on McQueen to Erie St, left on Erie St, property on the right side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: Wilshire Park
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • 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
  • Amenities: None

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 302-69-160

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 400.0
  • Property Net Operating Income: 16400.0
  • Annual Operating Expense: 2493.0

Tax Info

  • Tax Annual Amount: 893.0
  • Tax Book Number: 302.00
  • Tax Lot: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Hoeye Christopher
Bought by
Hoeye Amy
Current Estimated Value
$466,056

Purchase Details

Closed on
Sep 12, 2024
Sold by
Hoeye Amy
Bought by
Horizon Business Partners Llc

Purchase Details

Listed on
Aug 11, 2018
Closed on
Oct 22, 2018
Sold by
Petronsky Stephen Joseph and Petronsky Ardene E
Bought by
Hoeye Christopher and Hoeye Amy
Seller's Agent
Kris Macias
Century 21 Arizona Foothills
Buyer's Agent
Kimberly Brewer
eXp Realty
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Petronsky Stephen J and Petronsky Ardene E
Bought by
Petronsky Stephen Joseph and Petronsky Ardene E
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
Hoeye Amy -- None Listed On Document
Horizon Business Partners Llc -- None Listed On Document
Hoeye Christopher $210,000 Greystone Title Agency Llc
Petronsky Stephen Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoeye Christopher $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $210,000 -12.5% $128 / Sq Ft
10/26/2018 10/26/18 Price Changed $240,000 0.0% $147 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $240,000 -- $147 / 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 $11,353 -- --
2024 $1,025 $10,812 -- --
2023 $1,025 $29,080 $5,810 $23,270
2022 $992 $22,500 $4,500 $18,000
2021 $1,020 $20,850 $4,170 $16,680
2020 $1,014 $20,120 $4,020 $16,100
2019 $979 $15,820 $3,160 $12,660
2018 $951 $13,430 $2,680 $10,750
2017 $893 $12,780 $2,550 $10,230
2016 $863 $10,850 $2,170 $8,680
2015 $827 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5805637

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-69-160