NOT LISTED FOR SALE

Estimated Value: $598,555 - $885,000

Studio
-- Bath
3,328 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2014

Last sale price $165,000 $50 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $4,318 / mo

60 Days on Market

Highlights

  • Multiple cooling system units
  • Carpet
  • Heating Available
  • Andersen Junior High School Rated A-

About This Home

As of March 2014

Excellent investment opportunity...Turn key 4 plex that will provide a great return on investment. Traditional Sale...Not bank owned or short sale

Last Agent to Sell the Property

Tom Chase

TJ Chase Realty Group, Inc License #BR522563000 Listed on: 12/02/2013

Last Buyer's Agent

Michael Molina

Connect Realty License #SA567348000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1981

Lot Details

  • 7,536

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Multiple cooling system units
  • Heating Available
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 98
  • Assessor Parcel Number 302-49-219

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $8,652
  • Gross Income $20,700
  • Net Operating Income $12,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,014

Year Built

Built in 1981

Lot Details

7,536 Sq Ft Lot

Listing Details

  • Cross Street: Alma School Rd & Ray Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1863.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • 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

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 2 or More Units, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 1902.0
  • Annual Water Sewer Expense: 840.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 302-49-219

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20700.0
  • Insurance Expense: 1041.0
  • Maintenance Expense: 720.0
  • Property Net Operating Income: 12048.0
  • Annual Operating Expense: 8651.64
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1013.64
  • Tax Book Number: 302.00
  • Tax Lot: 98

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2026
Sold by
Bought by
Current Estimated Value
$763,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,759
Interest Rate
0.063%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
0.0372%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Mar 26, 2014
Sold by
Bought by
Seller's Agent
Tom Chase
TJ Chase Realty Group, Inc
Buyer's Agent
Michael Molina
Connect Realty
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$121,500
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Mar 11, 2014
Sold by
Bought by
Seller's Agent
Tom Chase
TJ Chase Realty Group, Inc
Buyer's Agent
Michael Molina
Connect Realty
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
0.043%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
0.0482%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
0.055%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
0.055%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
0.0815%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
0.0589%

Purchase Details

Closed on
Dec 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
0.0657%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Atlas Title
-- Pax Solum Llc
-- None Available
-- Prestige T&E Agcy Llc
$375,000 Prestige T&E Agcy Llc
-- Security Title Agency
$165,000 Security Title Agency
$122,000 Accommodation
$200,745 None Available
$275,000 Fidelity National Title
-- Fidelity National Title
$240,000 Chicago Title Insurance Co
-- Capital Title Agency Inc
$158,500 Capital Title Agency
-- First American Title
$129,900 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $239,759
Previous Owner $400,000
Previous Owner $346,500
Previous Owner $281,250
Previous Owner $121,500
Previous Owner $121,500
Previous Owner $91,500
Previous Owner $297,500
Previous Owner $178,750
Previous Owner $178,750
Previous Owner $68,750
Previous Owner $192,000
Previous Owner $184,000
Previous Owner $110,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $165,000 -8.3% $50 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $180,000 -- $54 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,532 $16,387
2024 $1,479 $15,607
2023 $1,479 $52,730 $10,540 $42,190
2022 $1,432 $37,220 $7,440 $29,780
2021 $1,472 $34,510 $6,900 $27,610
2020 $1,464 $31,110 $6,220 $24,890
2019 $1,413 $20,980 $4,190 $16,790
2018 $1,372 $20,230 $4,040 $16,190
2017 $1,289 $17,210 $3,440 $13,770
2016 $1,245 $14,830 $2,960 $11,870
2015 $1,194 $14,500 $2,900 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5037434

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-49-219

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