655 E Commonwealth Avenue -, Chandler, AZ 85225

$980,000

Property Type: Land Lot Size (sq. ft.): 1,080,072 Status: Closed

Current Price: $980,000 List Date: 6/05/2019 Last Modified: 9/21/2023

Overview

Description

The proposed ''Chandler Square'' project involves development of 2.5 net acres of vacant land with 40 condominiums and approximately 53,000 sf of livable space. The site is within walking distance to Downtown Chandler, City Hall and restaurants. The proposed project includes four 4-plex and four 6-plex buildings. The development will be gated and have a common pool and exercise room. Each dwelling unit will have attached private garage and tandem parking space in front of each garage. There are all public utilities available on site and City of Chandler just recently improved Commonwealth Ave with all curbs and sidewalks. Property includes APN: 303-04-084C

Listing Details MLS# 5872935

Location, Tax & Legal

Map Code/Grid: T39
House Number: 655
Compass: E
Street Name: Commonwealth
St Suffix: Avenue
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Country: US
County Code: Maricopa
Assessor Number: 303-04-084-D
Tax Year: 2018

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 2.48
Apx Total Acres G/N: G
Price Per Acre: 483870.97
Apx SqFt: 1080072
Price Per SqFt: 1.11
Apx SqFt G/N: G
Lot Size Dimensions: 331' x 300'
Zoning: MF-2

Remarks Misc

Cross Street: Hamilton St & Commonwealth Ave

Status Change Info

Off Market Date: 2019-06-05
Under Contract Date: 2019-05-07
Close of Escrow Date: 2019-06-17

Legal Info

Lot Number: -

More Information

Sold Info

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

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Residential Acreage Zoned Presently: Other (See Rmks) Potential Use: Other; See Remarks Parcel Size: 2.50 - 4.99 Acres Water Source: City Franchise Sewer: Other Electric: SRP Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Rmks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional Environmental: Other (See Rmks)

Listing Office: City to City Commercial

Office Phone: 480-355-2222

Last Updated: September - 21 - 2023