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1351 East Erie Street

1351 East Erie Street, Chandler, AZ 85225
Property in Maricopa
Sold Jan 21, 2022
$485,000
$456,000 by Nfm Lending Inc
Mortgage Due Feb 01, 2052
Sold Nov 19, 2021
$430,500
Local assessors in Chandler, AZ have categorized 1351 East Erie Street as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 7,270 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1351 East Erie Street has a total of 1,710 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1351 East Erie Street sold most recently in Jan 21, 2022 for a total of $485,000. If you work out the math, that's approximately a cost of $283.63 per sqft. Before that, the property was also sold for $430,500 in Nov 17, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,744 in taxes each year. The initial year of tax delinquency occurred in 2020. 1351 East Erie Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,880. If we break it down further, the land itself was valued at $7,370. Improvements to the property, however, were assessed at a total of $29,510. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,270
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRADITION UNIT 2
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRADITION UNIT 2 MCR 405-33

Ownership

  • Current Owner : NGUYEN TONY KHOI
  • Previous Owner : OPENDOOR PROPERTY TRUST
  • Owner Before Previous Owner: POSENER HOWARD I
  • Owner Before Previous Owner 2: THE HOWARD POSENER LIVING TRUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 811400

Zoning

  • Zoning: PAD

Geography

  • Assessors Map Reference: 40533
  • Parcel: 310-07-237
  • Lot: 294
  • Meridian: SEC 26 TWN 1S RNG 5E
  • Municipality: CHANDLER
  • Latitude: 33.309
  • Longitude: -111.818

    Address

  • Full Address: 1351 E Erie St
  • Legal Unit: 2
  • Address - House Number: 1351
  • Street Direction: E
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Chandler
  • Carrier Code: C020
  • 4-Digit Zip Code: 4880
  • Zip Code: 85225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,744
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 800300

    Appraisal Valuation

  • Standard Deviation: 0.1463
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 498,600
  • High Value: 571,579
  • Low Value: 425,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: NFM LENDING INC
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $456,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $368,800
  • Market Land Value: $73,700
  • Market Improvement Value: $295,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,880
  • Assessed Land Value: $7,370
  • Assessed Improvements Value: $29,510

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11877858113
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 64871
  • Previous Sale Recording Date: Nov 19, 2021
  • Previous Sale Contract Date: Nov 17, 2021
  • Previous Sale Amount: $430,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM LENDING INC
  • First Mortgage Transaction Date: Jan 21, 2022
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About Chandler



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Frequently Asked Questions

What neighborhood is 1351 East Erie Street located in?
The 1351 East Erie Street is a located in the neighborhood of Maricopa in Chandler, Chandler.
What is the average sales price for listings in 1351 East Erie Street?
The average sales price for units in 1351 East Erie Street is $0 currently.

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