$267,600
SOLD AUG 5, 2014 RENTED JUN 9, 2025

870 N Madrid Ln Unit 2 Chandler, AZ 85226

West Chandler Neighborhood
3 Beds
2 Baths
1,780 Sq Ft
6,691 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

4% Below List Price

33 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Kyrene Traditional Academy Rated A-
  • 2 Car Direct Access Garage
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of August 2014

You have found your happy place in this single story Chandler home!! Inside this meticulously kept home you will find soaring ceilings, neutral color palette including the carpet and tile flooring, designer niches, picture windows with plantation shutters and spacious bedrooms. Master bedroom is complete with walk in closet and adjoining spa like bath. Bright and airy kitchen features black appliances, a plethora of light wood cabinets, pantry and dining area. Extra seating for entertaining in the screened-in patio that overlooks the spacious desert-landscaped backyard. Want grass to play on? Check out the community park right across the street! Make this wonderful house your home today!!

Last Agent to Sell the Property

Ken Mayer

Revinre License #BR529794000 Listed on: 05/30/2014

Last Buyer's Agent

Ken Mayer

HUNT Real Estate ERA License #BR529794000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1994

Lot Details

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

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 308-08-674

Community Details

Overview

  • Association fees include ground maintenance
  • Vision Community Mgt Association, Phone Number (480) 759-4945
  • Built by U S HOMES
  • D'arcy Ranch Unit 2 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 1994

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Cross Street: Ray & McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 28.0
  • Basement: N
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2013
  • Directions: East on Ray to County Club Way (3rd right), south to Shannon, turn left and Shannon immediately curves into Madrid. House is 2nd on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: D'Arcy Ranch Unit 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 84.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Screened in Patio(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • 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: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee: 84.0
  • Association Fee Frequency: Quarterly
  • Association Name: D'Arcy Ranch
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: D'Arcy Ranch
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Vision Community Mgt
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Kyrene Traditional Academy - Sureno Campus
  • High School: Corona Del Sol High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kyrene Aprende Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6691.0
  • Parcel #: 308-08-674
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: U S HOMES

Tax Info

  • Tax Annual Amount: 1444.0
  • 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
$563,153

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
Interest Rate
3.46%
Mortgage Type
New Conventional

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
6.99%
Original Mortgage
$110,000
Interest Rate
4.09%
Mortgage Type
Credit Line Revolving

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:

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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Natl Title Agency I
Interfamily Deed Transfer -- Fidelity Nional Title Agency
Warranty Deed $287,000 Fidelity Natl Title Agency I
Cash Sale Deed $267,600 Great Amer Title Agency Inc
Warranty Deed $182,000 Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $127,000 Stewart Title
Cash Sale Deed $29,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,650 New Conventional
Previous Owner $172,900 New Conventional
Previous Owner $5,000 No Value Available
Previous Owner $130,810 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $2,032 $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

    Seller's Agent in 2025

    Randi Weiss

    Desert Canyon Properties, LLC

    (602) 854-9884

    1 in this area

    33 Total Sales

    Randi Weiss
    Section Image

  • A

    Seller 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

    32 Total Sales

    Ken Mayer
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5123161

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

This home is located at 870 N Madrid Ln Unit 2, Chandler, AZ 85226 and is currently priced at $267,600, approximately $150 per square foot. This property was built in 1994. 870 N Madrid Ln Unit 2 is a home located in Maricopa County with nearby schools including Kyrene Traditional Academy, Kyrene Aprende Middle School, and Corona Del Sol High School.

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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