NOT LISTED FOR SALE

864 E Chandler Blvd Chandler, AZ 85225

Downtown Chandler Neighborhood
32 Beds
-- Bath
1,200 Sq Ft
1962 Built

Last Sold June 20, 2016

Last sale price $950,000 $792 Per Sq Ft

8 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Chandler High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of June 2016

Over $100,000 put into improvements repositioning this property. See list of improvements in document tab.
Upside on rents as they are full and have waiting list.

Last Agent to Sell the Property

Neal Yukolis

My Home Group Real Estate License #SA627357000 Listed on: 04/13/2016

My Home Group Real Estate

Last Buyer's Agent

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 1962

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 48 Open Parking Spaces
  • 48 Parking Spaces
  • RV or Boat Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 302-71-015

Community Details

Overview

  • 4 Buildings
  • 17 Units
  • Building Dimensions are 132 x 520

Building Details

  • Operating Expense $17,529
  • Gross Income $127,908
  • Net Operating Income $127,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,533

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: McQueen and Chandler BLVD
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: RV/Boat Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 48.0
  • Total Parking Spaces: 48.0
  • General Property Description:Uncvrd Parking Spcs: 48.0
  • General Property Description:Total Parking Spcs: 48.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Wall/Window Unit(s)
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 3456.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 132 x 520
  • Additional Parcels: No
  • Parcel #: 302-71-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 17
  • Electric Expense: 340.0
  • Annual Gross Income: 127908.0
  • Insurance Expense: 2200.0
  • Maintenance Expense: 6000.0
  • Property Net Operating Income: 127908.0
  • Annual Operating Expense: 17529.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3533.0
  • Tax Book Number: 302.00
  • Tax Lot: 0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2016 06/20/16 Sold $950,000 -4.5% $792 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $995,000 +107.3% $829 / Sq Ft
09/23/2015 09/23/15 Sold $480,000 +17.1% $400 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $410,000 -- $342 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Neal Yukolis

    Seller's Agent in 2016

    Neal Yukolis

    My Home Group Real Estate

    (480) 215-0292

    2 Total Sales

    Neal Yukolis
    Section Image
  • Michelle Hoogendoorn

    Buyer's Agent in 2016

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    16 Total Sales

    Michelle Hoogendoorn
    Section Image

  • M

    Seller's Agent in 2015

    Mark Arnds

    New Home Information Centers

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5427762

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Chandler 85225 Downtown Chandler

864 E Chandler Blvd, Chandler, AZ

Not Listed for Sale

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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