RENTED JUN 9, 2025

870 N Madrid Ln Unit 2 Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $518,081 - $584,000

3 Beds
2 Baths
1,780 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $267,600 $150 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,099/month

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Kyrene Traditional Academy Rated A-
  • 2 Car Direct Access Garage
  • Double Vanity

About This Home

As of June 2025

Spacious 3-bedroom, 2-bath home with NO CARPET—tile and laminate throughout. Features living and family rooms, open kitchen, and a private backyard. Split master layout offers added privacy.

Located in the Kyrene School District near 101, 202, shopping, and dining.

ALL APPLIANCES INCLUDED. Washer/dryer present but not warranted.
PETS ALLOWED.

Last Agent to Rent the Property

Randi Weiss

Desert Canyon Properties, LLC License #BR645382000 Listed on: 05/13/2025

Co-Listed By

Alexes Jordan

Desert Canyon Properties, LLC License #SA702545000

Last Renter's Agent

Randi Weiss

Desert Canyon Properties, LLC License #BR645382000 Listed on: 05/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 1994

Lot Details

  • 6,691 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Kyrene Traditional Academy Elementary School
  • Kyrene Aprende Middle School
  • Corona Del Sol High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Property has a Home Owners Association
  • Vision Community Mgt Association, Phone Number (480) 759-4945
  • Built by US Homes
  • D'arcy Ranch Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 5/31/25
  • $250 Move-In Fee
  • Rent includes repairs
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 255
  • Assessor Parcel Number 308-08-674

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,083

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Repairs
  • Available Date: 2025-05-31

Listing Details

  • Cross Street: Ray & McClintock
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Rental Info H O A Name: Vision Community Mgt
  • Non Assistive Animals: Yes
  • Initial Move In Costs Addtl Move In Fees: 35.0
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 65.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: aloe002
  • Co List Office Phone: 602-653-9075
  • Subdivision Name: D'Arcy Ranch Unit 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1780.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Screened in Patio(s)
  • Lot Features: Desert Back, Desert Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Vision Community Mgt
  • Phone: 480-759-4945
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Kyrene Traditional Academy
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Aprende Middle School

Lot Info

  • Lot Size Sq Ft: 6691.0
  • Parcel #: 308-08-674

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Book Number: 308.00
  • Tax Lot: 255
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2016
Sold by
Velayutham Arunkumar
Bought by
Velayutham Arunkumar and Rajendran Vijayalakshmi
Current Estimated Value
$555,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,650
Outstanding Balance
$218,580
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$336,940

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 24, 2014
Sold by
Kandra Juliann L
Bought by
Spirrison Nicholas G and Spirrison Kristine F
Seller's Agent
Ken Mayer
Revinre
Buyer's Agent
Ken Mayer
Revinre
List Price
$280,000
Sold Price
$267,600
Premium/Discount to List
-$12,400
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
May 1, 2003
Sold by
Wright Walter S and Wright Maize V
Bought by
Kandra Juliann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2001
Sold by
Wright Walter S
Bought by
Wright Walter S and Wright Maizie

Purchase Details

Closed on
Jul 1, 1998
Sold by
Wright Maizie V
Bought by
Wright Walter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 27, 1995
Sold by
U S Home Corp
Bought by
Wright Walter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,810
Interest Rate
8.44%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 1994
Sold by
Darcy Ranch Ltd Partnership
Bought by
U S Home Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velayutham Arunkumar -- Fidelity Natl Title Agency I
Velayutham Arunkumar -- Fidelity Nional Title Agency
Velayutham Arunkumar $287,000 Fidelity Natl Title Agency I
Spirrison Nicholas G $267,600 Great Amer Title Agency Inc
Kandra Juliann L $182,000 Capital Title Agency Inc
Wright Walter S -- --
Wright Walter S -- Security Title Agency
Wright Walter S $127,000 Stewart Title
U S Home Corp $29,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velayutham Arunkumar $272,650
Previous Owner Kandra Juliann L $172,900
Previous Owner Wright Walter S $5,000
Previous Owner Wright Walter S $130,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2025 06/09/25 Rented $2,350 0.0% --
06/04/2025 06/04/25 Under Contract -- -- --
05/13/2025 05/13/25 For Rent $2,350 +17.5% --
12/01/2020 12/01/20 Rented $2,000 0.0% --
11/23/2020 11/23/20 Under Contract -- -- --
11/11/2020 11/11/20 For Rent $2,000 0.0% --
08/05/2014 08/05/14 Sold $267,600 -4.4% $150 / Sq Ft View Prior Sale
05/30/2014 05/30/14 For Sale $280,000 -- $157 / 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 $2,083 $26,151 -- --
2024 $1,992 $24,906 -- --
2023 $1,992 $40,700 $8,140 $32,560
2022 $1,896 $29,570 $5,910 $23,660
2021 $2,000 $28,080 $5,610 $22,470
2020 $1,954 $26,350 $5,270 $21,080
2019 $1,897 $25,100 $5,020 $20,080
2018 $1,835 $23,900 $4,780 $19,120
2017 $2,086 $23,010 $4,600 $18,410
2016 $1,784 $22,050 $4,410 $17,640
2015 $1,647 $21,050 $4,210 $16,840
Source: Public Records

Agents Affiliated with this Home

  • Randi Weiss

    Landlord's Agent in 2025

    Randi Weiss

    Desert Canyon Properties, LLC

    (602) 854-9884

    1 in this area

    34 Total Sales

    Randi Weiss
    Section Image

  • A

    Landlord's Co-Listing Agent in 2025

    Alexes Jordan

    Desert Canyon Properties, LLC

    (785) 259-8404

    1 Total Sale

    Alexes Jordan
    Section Image

  • K

    Seller's Agent in 2014

    Ken Mayer

    Revinre

    (480) 603-3310

    6 in this area

    33 Total Sales

    Ken Mayer
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6865835

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-08-674

Arizona Maricopa County Chandler 85226 West Chandler

870 N Madrid Ln Unit 2, 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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