2821 E Iris Drive, Chandler, AZ 85286 (MLS# 6370559)

2821 E Iris Drive, Chandler, AZ 85286

$750,000

Property Type: Residential Bedrooms: 4 Baths: 2.5 Square Footage: 2,596 Lot Size (sq. ft.): 8,114 Status: Closed

Current Price: $750,000 Last Modified: 8/18/2025

Overview

Description

Hands off investment property offering a 6% CAP rate. Property is currently being used as an elderly care home by Seller and will continue past closing. Seller will lease back home for a minimum of one year at $4,000 monthly. Property could continue as a care facility as the zoning will stay with the property. Split floor plan, positioned on a corner lot and adjacent to the community wash this home is a gem. Continue as an investment or make an ideal family home.

Listing Details MLS# 6370559

Location, Tax & Legal

Map Code/Grid: U39
House Number: 2821
Compass: E
Street Name: Iris
St Suffix: Drive
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85286
Zip4: 5007
Country: US
County Code: Maricopa
Assessor Number: 303-49-841
Subdivision: Artesian Ranch
Tax Year: 2021
Assessor's Map #: 49
Assessor's Parcel #: 841
Tax Municipality: Chandler
Taxes: 3047

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: Yes
Total Bathrooms: 2.5
Approx SQFT: 2596
Price/SqFt: 288.9
Horses: N
Model: Parker 5031
Builder Name: Maracay Homes
Year Built: 2013
Approx Lot SqFt: 8114
Approx Lot Acres: 0.186
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Elementary School: Haley Elementary
Jr. High School: San Tan Elementary
High School: Perry High School

Remarks Misc

Cross Street: Ocotillo & Gilbert
Directions: North on Gilbert, left on Iris Dr, property is last house on the left before street bends

Status Change Info

Off Market Date: 2022-03-27
Under Contract Date: 2022-03-27
Close of Escrow Date: 2022-04-11

Legal Info

Township: 2S
Range: 5E
Section: 13
Lot Number: 172

More Information

Basement

Basement Y/N: N

Parking Spaces

Garage Spaces: 3
Slab Parking Spaces: 2
Total Covered Spaces: 3

Cooling

HVAC SEER Rating: 14
Ceiling Fan(s): Yes
Programmable Thmstat: Yes
Central Air: Yes

Sold Info

Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes
Blown Cellulose: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Low VOC Paint: Yes

Roofing

Tile: Yes

Pmt & Rate Info

Down Payment: 0
Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y
HOA Transfer Fee: 165
HOA Fee: 180
HOA Paid Frequency: Quarterly
HOA Name: Artesian Ranch Comm.
HOA Telephone: 602-906-4912
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 60

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Architecture

Santa Barbara/Tuscan: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes
Double Vanity: Yes
Private Toilet Room: Yes

Master Bedroom

Split: Yes

Additional Bedroom

Master Bedroom Walk-in Closet: Yes
Other Bedroom Walk-in Closet: Yes

Add'l Property Use

None: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Window Features

Dual Pane: Yes
ENERGY STAR Qualified Windows: Yes
Low-Emissivity Windows: Yes
Vinyl Frame: Yes

Community Features

Biking/Walking Path: Yes
Children's Playgrnd: Yes

Dining Area

Formal: Yes
Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Natural Gas: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Gas Stub for Range: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Multiple Ovens: Yes
Pantry: Yes
Refrigerator: Yes
Reverse Osmosis: Yes
Walk-in Pantry: Yes
Wall Oven(s): Yes
Gas Cooktop: Yes
Granite Counters: Yes

Interior Features

9+ Flat Ceilings: Yes
No Interior Steps: Yes
Soft Water Loop: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Inside: Yes

Other Rooms

Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: Y

Accessibility Feat.

Hallways 36in+ Wide: Yes

Technology

3+ Exist Tele Lines: Yes
Cable TV Avail: Yes
Ntwrk Wrng Multi Rms: Yes

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Side Vehicle Entry: Yes
Direct Access: Yes
Extended Length Garage: Yes
Garage Door Opener: Yes

New Financing

Cash: Yes
Conventional: Yes

Energy/Green Feature

Multi-Zones: Yes

Plumbing

Engy Star Ht Wtr Htr: Yes
Gas Hot Water Heater: Yes
WaterSense Faucet(s): Yes

Utilities

SRP: Yes
SW Gas: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

Corner Lot: Yes
North/South Exposure: Yes

Landscaping

Desert Front: Yes
Grass Back: Yes
Yrd Wtring Sys Front: Yes
Auto Timer H2O Front: Yes
Irrigation Back: Yes

Services

City Services: Yes

Unit Style

All on One Level: Yes

Disclosures

None: Yes

Possession

Subject To Tenant Rights: Yes

Association Fee Incl

Common Area Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
No Visible Truck Trailer RV Boat: Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Santa Barbara/Tuscan Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Flooring: Carpet; Tile; Wood Window Features: Dual Pane; ENERGY STAR Qualified Windows; Low-Emissivity Windows; Vinyl Frame Spa: None Community Features: Biking/Walking Path; Children's Playgrnd Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Gas Cooktop; Gas Stub for Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Wall Oven(s); Multiple Ovens; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room Interior Features: 9+ Flat Ceilings; No Interior Steps; Soft Water Loop Technology: 3+ Exist Tele Lines; Cable TV Avail; Ntwrk Wrng Multi Rms Exterior Features: Covered Patio(s); Patio Parking Features: Direct Access; Extended Length Garage; Garage Door Opener; Side Vehicle Entry Construction: Wood Frame; Blown Cellulose Const - Finish: Painted; Stucco; Low VOC Paint Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Natural Gas Plumbing: Engy Star Ht Wtr Htr; Gas Hot Water Heater; WaterSense Faucet(s) Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Corner Lot; North/South Exposure Landscaping: Desert Front; Grass Back; Yrd Wtring Sys Front; Auto Timer H2O Front; Irrigation Back Showing Notification Methods: Text Lockbox Type: None Possession: Subject To Tenant Rights Unit Style: All on One Level Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: None

Listing Office: My Home Group Real Estate

Last Updated: August - 18 - 2025