NOT LISTED FOR SALE
32 Beds
-- Baths
1,200 Sq Ft
1962 Built

Sale Details

Date Sold: June 20, 2016

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

8 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Willis Junior High School Rated A-

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
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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

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

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
Jun 7, 2023
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
$1,025,215
Outstanding Balance
$704,686
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 15, 2016
Sold by
Bought by
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,200
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2016
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
$450,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 7, 2015
Sold by
Bought by
Seller's Agent
Mark Arnds
New Home Information Centers
Buyer's Agent
Mark Arnds
New Home Information Centers
List Price
$410,000
Sold Price
$480,000
Premium/Discount to List
$70,000
17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2015
Closed on
Sep 22, 2015
Sold by
Bought by
Seller's Agent
Mark Arnds
New Home Information Centers
Buyer's Agent
Mark Arnds
New Home Information Centers
List Price
$410,000
Sold Price
$480,000
Premium/Discount to List
$70,000
17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2004
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
$560,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,840,000 American Title Service Agency
$950,000 Security Title Agency Inc
$540,000 Security Title Agency Inc
-- Magnus Title Agency Llc
$480,000 Empire West Title Agency
$658,682 None Available
$800,000 Camelback Title Agency Llc
-- --
-- --
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 $1,025,215
Closed $1,025,215
Previous Owner $738,200
Previous Owner $450,000
Previous Owner $200,000
Previous Owner $560,000
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 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

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 $4,529 $48,434
2024 $4,371 $46,127
2023 $4,371 $205,418 $45,708 $159,710
2022 $4,237 $108,251 $24,091 $84,160
2021 $4,355 $113,776 $25,316 $88,460
2020 $4,331 $100,348 $22,328 $78,020
2019 $4,179 $71,546 $15,916 $55,630
2018 $4,060 $79,880 $17,770 $62,110
2017 $3,814 $46,305 $10,305 $36,000
2016 $3,684 $37,887 $8,427 $29,460
2015 $3,533 $36,777 $8,347 $28,430
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5427762

Arizona Regional Multiple Listing Service (ARMLS)
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