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$639,000   Price Analysis
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142 W Ivanhoe Pl
Chandler, AZ 85225
3 bed 2 bath 1,619 SqFt ($394/SqFt)
7,396SqFt lot. Built 1961
Listed 2024-05-29, Taxes $932
Ⓧ USDA Ineligible
due to location

near Chandler

Calling all investors!

Take advantage of this rare opportunity with a long-term tenant already in place, paying $5, 500/month at almst a 10% cap rate until 12/1/24, with interest in renewing for another year. Ideal for hassle-free, highly profitable rental income, this property boasts a fully remodeled home (2018) and includes a solar lease at $142/month.

Perfect for 1031 exchange clients or savvy investors seeking reliable returns. Complete rental payment history available upon request. For further details or proof of income, please contact the agent directly. DO NOT DISTURB TENANT PLEASE.


Presented by Christopher Vlad at
HomeSmart.
Listing Agent Photo

Property MLS #6711592 from ArizonaRegionalMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Full Bth Master Bdrm
Flooring: Carpet, Laminate

Cooling Features: Refrigeration
Heating Features: Electric

Fencing: Block

Carport Spaces: 1

Lot Description: Grass Front
Lot Size Acres: 0.1697888
Lot Size Square Feet: 7396

Association: No
Association Fee Includes: No Fees
Calculated Total Monthly Association Fees: 0

Elementary School: Hartford Sylvia Encinas Elementary
High School: Chandler High School
Middle School: Bogle Junior High School
School District: Chandler Unified District

Hartford Sylvia Encinas Elementary School is a public elementary school located approximately 0.4 miles away.
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Chandler High School is a public middle and high school located approximately 0.7 miles away.
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New Vistas Center For Education is a private elementary school located approximately 0.2 miles away.
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Owner/Agent
Annual Tax Amount: 962
Source Listing Status: Active
County: Maricopa
Directions: Head south on Highway 87/Arizona Ave. Turn Right on Ivanhoe Place turn right on Oregon St turn left on Ivanhoe to home on left.
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: THUNDERBIRD MANOR LOTS 1-22 TRS A & B
Ownership Type: Fee Simple
Parcel Number: 302-56-005
Postal Code Plus 4: 6759
Subdivision: THUNDERBIRD MANOR LOTS 1-22 TRS A & B
Property Subtype: Single Family - Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$16,750 + $4,180
$20,930
$932
2020$14,680 + $3,670
$18,350
$952
2019$12,820 + $3,200
$16,020
$1,060
2018$12,340 + $3,080
$15,420
$752
2017$10,990 + $2,740
$13,730
$839
2016$10,510 + $2,620
$13,130
$810
2015$10,770 + $2,690
$13,460
$777
2014$6,590 + $1,640
$8,230
$854
2012$4,460 + $1,110
$5,570
$720
2011$5,190 + $1,290
$6,480
$753
2009$12,210 + $3,050
$15,260
$1,055
2008$13,800 + $3,450
$17,250
$1,033
2007$12,200 + $3,050
$15,250
$1,008

Price Changed 2024-07-25
$639,000
ArizonaRegionalMLS
Price Changed 2024-07-19
$650,000
ArizonaRegionalMLS
Price Changed 2024-07-08
$675,000
ArizonaRegionalMLS
Price Changed 2024-06-21
$689,000
ArizonaRegionalMLS
Price Changed 2024-06-08
$699,000
ArizonaRegionalMLS
Listed 2024-05-29
$750,000
ArizonaRegionalMLS
Sold 2022-03-29
$385,000
ArizonaRegionalMLS
Relisted 2022-01-05
$397,000
ArizonaRegionalMLS
Listing removed 2021-12-29
$0
ArizonaRegionalMLS
Listed 2021-11-20
$397,000
ArizonaRegionalMLS
Sold 2018-06-06
$258,000
ArizonaRegionalMLS
Listed 2018-03-14
$265,000
ArizonaRegionalMLS
Listing removed 2010-09-28
$79,900
ArizonaRegionalMLS
Price Changed 2010-07-26
$79,900
ArizonaRegionalMLS
Listed 2010-07-07
$89,900
ArizonaRegionalMLS
Sold 2005-05-31
$190,000
Public Record
Sold 2005-03-14
$128,000
Public Record
Sold 2001-06-15
$120,300
Public Record
Sold 1997-03-05
$70,000
Public Record
Sold 1976-06-02
$25,780
Public Record

Total Square Feet Living: 1619
Year Built: 1961
Building Area Source: Assessor
Building Exterior Type: Painted, Block
Construction Materials: Painted, Block
Property Age: 63
Roof: Composition
Levels or Stories: 1
Building Total Stories: 1

Water Source: City Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.