NOT LISTED FOR SALE

898 E Teakwood Dr Chandler, AZ 85249

South Chandler Neighborhood

Estimated Value: $738,000 - $875,000

5 Beds
3.5 Baths
3,125 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $710,000 $227 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,321/month

3 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Covered Patio or Porch
  • Fulton Elementary School Rated A
  • Vaulted Ceiling
  • Eat-In Kitchen

About This Home

As of March 2024

Up to $25k credit available! Rare and highly desired basement home with pool at an incredible price! This one owner 5 bedroom / 3.5 bath home is ready for someone to put their modern touches! With two bedrooms, full bath, ample storage closets, and flex space in the basement level there is endless possibilities. 1st floor includes owner's suite with large closet, and an additional two bedrooms with connecting bath! The large yard with huge, covered patio is great for entertaining. 3 car garage, Double Gate with concrete pad, and extra wide driveway space will give you plenty of parking! Located near Intel, Wells Fargo, Chandler Air Park, Bear Creek Golf Complex, Tumbleweed Park, Biking & Walking Trails, and so much more!

Last Agent to Sell the Property

Kristy Merchant

AZ Real Experts LLC License #SA702576000 Listed on: 01/22/2024

Co-Listed By

Gary Wales

AZ Real Experts LLC License #BR672404000

Last Buyer's Agent

Jose Curbelo

HomeSmart License #BR561940000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 2005

Lot Details

  • 8,784 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ira A. Fulton Elementary School
  • Santan Junior High School
  • Hamilton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 303-53-135

Community Details

Overview

  • Association fees include ground maintenance
  • Snow Property Manage Association, Phone Number (480) 635-1133
  • Built by VIP Homes
  • Rockwood Estates Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,925

Year Built

Built in 2005

Lot Details

8,784 Sq Ft Lot

HOA Fees

$58 per month

Parking

3

Listing Details

  • Cross Street: McQueen / Chandler Heights
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 57.75
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: azre100
  • Co List Office Phone: 480-861-1658
  • Subdivision Name: ROCKWOOD ESTATES
  • Architectural Style: Other
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 227.2
  • Association Fees:HOA Fee2: 346.5
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Linoleum, Concrete
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Separate Shwr & Tub
  • Living Area: 3125.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Variable Speed Pump, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 5.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 346.5
  • Association Fee Frequency: Semi-Annually
  • Association Name: Rockwood Estates
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Rockwood Estates
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 156.75
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 346.5
  • Association Fees:Disclosure Fees HOA: 300.0
  • Association Fees:Other Fees HOA: 50.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Snow Property Manage
  • Association Fees:HOA Management Phone: 4806351133

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8784.0
  • Parcel #: 303-53-135

Building Info

  • Builder Name: VIP Homes

Tax Info

  • Tax Annual Amount: 3925.0
  • Tax Book Number: 303.00
  • Tax Lot: 122
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 4, 2024
Sold by
Merchant Aaron and Merchant Kristy
Bought by
Pearson Paul D and Pearson Kelly A
Seller's Agent
Kristy Merchant
AZ Real Experts LLC
Buyer's Agent
Jose Curbelo
HomeSmart
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Views
49
Current Estimated Value
$785,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,787
Avg. Annual Appreciation
5.34%
Original Mortgage
$639,000
Outstanding Balance
$628,311
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$157,476

Purchase Details

Closed on
Jun 7, 2005
Sold by
Vip Construction Inc
Bought by
Merchant Aaron and Merchant Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Pearson Paul D $710,000 American Title Service Agency
Merchant Aaron $116,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Paul D $639,000
Previous Owner Merchant Aaron $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $710,000 -2.1% $227 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $725,000 0.0% $232 / Sq Ft
01/22/2024 01/22/24 Off Market $725,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,577 $43,046 -- --
2024 $3,925 $40,996 -- --
2023 $3,925 $53,500 $10,700 $42,800
2022 $3,802 $40,700 $8,140 $32,560
2021 $3,900 $38,550 $7,710 $30,840
2020 $3,877 $37,030 $7,400 $29,630
2019 $3,743 $34,660 $6,930 $27,730
2018 $4,190 $31,710 $6,340 $25,370
2017 $2,859 $33,170 $6,630 $26,540
2016 $2,755 $32,200 $6,440 $25,760
2015 $2,666 $31,530 $6,300 $25,230
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kristy Merchant

    AZ Real Experts LLC

    (480) 390-6683

    3 in this area

    23 Total Sales

    Kristy Merchant
    Section Image
  • Gary Wales

    Seller Co-Listing Agent in 2024

    Gary Wales

    AZ Real Experts LLC

    (480) 861-1658

    4 in this area

    81 Total Sales

    Gary Wales
    Section Image

  • J

    Buyer's Agent in 2024

    Jose Curbelo

    HomeSmart

    (480) 252-2942

    1 in this area

    31 Total Sales

    Jose Curbelo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6653702

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-53-135

Arizona Maricopa County Chandler 85249 South Chandler

898 E Teakwood Dr, Chandler, AZ

Not Listed for Sale

Detached

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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