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

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

More Information MLS# 5872935

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $980,000 Sold Price: $980,000 Status: Closed List Date: 2019-01-24

Location, Tax & Legal

Lot #: - Assessor's Map #: 4 Assessor's Parcel #: 84 Assessor Parcel Ltr: D Add'l Parcels: Yes Tax Municipality: Chandler Taxes: 3704.28 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 County Code: Maricopa Assessor Number: 303-04-084-D Tax Year: 2018

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

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 1200000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Existing Land Use

Residential Lot: 1 Residential Acreage: 1

Zoned Presently

Other (See Rmks): 1

Potential Use

Other: 1 See Remarks: 1

Parcel Size

2.50 - 4.99 Acres: 1

Water Source

City Franchise: 1

Sewer

Other: 1

Electric

SRP: 1

Gas

None: 1

Distance to Cable

Call Listing Office: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Call Listing Office: 1

Existing 1st Loan

Other (See Rmks): 1

Distance to Electric

Call Listing Office: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Call Listing Office: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Call Listing Office: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Other (See Rmks): 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Other (See Rmks): 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

Other (See Rmks): 1

Existing Other Loan

Not Applicable: 1

Sold Info

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

Remarks Misc

Cross Street: Hamilton St & Commonwealth Ave Geo Lat: 33.302957 Geo Lon: -111.831293

Status Change Info

Off Market Date: 2019-06-05 Under Contract Date: 2019-05-07 Close of Escrow Date: 2019-06-17 Sold Price: $980,000

Legal Info

Lot Number: -

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
IDX
Last Updated: September - 21 - 2023
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