NOT LISTED FOR SALE

Estimated Value: $414,860

-- Bed
-- Bath
1,144 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $410,000 $358 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,373/month

56 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Chandler High School Rated A-

About This Home

As of December 2024

CASH COW LOW Expenses Chandler Duplex, Close to Downtown Chandler, Solid Masonry Construction, Large Private Back Patios, Washer/Dryer Hook-Ups, All Tile Flooring, Full Bath/Tub, ± Five Year Old Roof, AC's Serviced Regularly, One Bedroom Rent Is $1,275 With Solid long-term Tenant. Two Bedroom is $1500 Lease Starts Dec 1. The Seller holds an AZ Real Estate License. All Facts and Figures Approximate, Buyer to Verify to their own Satisfaction.

Last Listed By

Eric Hegarty

Better Homes & Gardens Real Estate SJ Fowler License #SA650759000 Listed on: 10/07/2024

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1960

Lot Details

  • 8,102

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 302-66-109-F

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8100 sqft
  • Lundquist Manor Subdivision

Building Details

  • Operating Expense $6,089
  • Gross Income $31,635
  • Net Operating Income $25,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$725

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: South 202 Loop/ AZ Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: North on AZ Ave to Ivanhoe, East on Ivanhoe to Delaware, South on Delaware to Property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2531.0
  • Subdivision Name: LUNDQUIST MANOR
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Fee Information

  • Annual Water Sewer Expense: 1080.0

Schools

  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size: 8100 sqft
  • Additional Parcels: No
  • Parcel #: 302-66-109-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 31635.0
  • Insurance Expense: 753.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 25542.0
  • Annual Operating Expense: 6089.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 725.0
  • Tax Book Number: 302.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Dec 13, 2024
Sold by
Sj Properties Llc
Bought by
Asset Support Funding Llc
Seller's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Total Days on Market
56
Views
15
Current Estimated Value
$414,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,860
Avg. Annual Appreciation
3.33%
Original Mortgage
$200,000
Outstanding Balance
$199,657
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$215,203

Purchase Details

Closed on
Nov 10, 2012
Sold by
Barkdoll Properties Llc
Bought by
Sj Properties Llc

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jun 7, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Barkdoll Properties Llc
Seller's Agent
Stephanie Larscheid
HomeSmart
Buyer's Agent
Janice Savage
HomeSmart
List Price
$62,900
Sold Price
$72,100
Premium/Discount to List
$9,200
14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Mora Rafael Luis and Mora Rosa M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 4, 2002
Sold by
Community Services Of Arizona
Bought by
Community Services Of Arizona

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asset Support Funding Llc $410,000 Premier Title Agency
Asset Support Funding Llc $410,000 Premier Title Agency
Sj Properties Llc $74,977 None Available
Barkdoll Properties Llc $72,100 Great American Title Agency
Federal Home Loan Mortgage Corporation $51,370 Great American Title Agency
Community Services Of Arizona -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asset Support Funding Llc $200,000
Closed Asset Support Funding Llc $200,000
Previous Owner Mora Rafael Luis $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $410,000 -8.9% $358 / Sq Ft
10/07/2024 10/07/24 For Sale $450,000 +524.1% $393 / Sq Ft
06/15/2012 06/15/12 Sold $72,100 +14.6% $63 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $62,900 -- $55 / 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 $739 $8,034 -- --
2024 $725 $7,651 -- --
2023 $725 $27,920 $5,580 $22,340
2022 $702 $19,370 $3,870 $15,500
2021 $722 $17,350 $3,470 $13,880
2020 $718 $15,520 $3,100 $12,420
2019 $693 $12,480 $2,490 $9,990
2018 $673 $10,030 $2,000 $8,030
2017 $632 $8,480 $1,690 $6,790
2016 $611 $7,470 $1,490 $5,980
2015 $585 $6,330 $1,260 $5,070
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6767940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-66-109F