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2961 East Folley Place

2961 East Folley Place, Chandler, AZ 85225
House in Maricopa
Sold Nov 29, 2021
$525,000
$446,250 by Watermark Capital Inc
Mortgage Due Dec 01, 2051
Sold Mar 24, 2016
$260,000
$255,290 by International City Mortgage In
Mortgage Due Apr 01, 2046
Local assessors in Chandler, AZ have categorized 2961 East Folley Place as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 10,303 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 2961 East Folley Place has a total of 1,906 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 2 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 concrete block 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 - C. The building has a roof that is made of concrete. Lots of stucco 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, 2961 East Folley Place sold most recently in Nov 22, 2021 for a total of $525,000. If you work out the math, that's approximately a cost of $275.45 per sqft. Before that, the property was also sold for $260,000 in Mar 11, 2016. 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 $2,036 in taxes each year. 2961 East Folley Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,520. If we break it down further, the land itself was valued at $8,500. Improvements to the property, however, were assessed at a total of $34,020. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Stucco Exterior

Parking

Open Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,303
  • Total Building Area: 1,906
  • Gross Building Area: 1,906
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY COVE
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY COVE MCR 529-34

Ownership

  • Current Owner : VIRAY MATTHEW JAMES
  • Current Owner 2: WILLIAMS SAMANTHA M
  • Previous Owner : REVELES NATHANAEL
  • Owner Before Previous Owner: MOORE MARK A
  • Owner Before Previous Owner 2: MOORE MARY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 811700

Zoning

  • Zoning: PAD

Geography

  • Assessors Map Reference: 52934
  • Parcel: 303-01-928
  • Lot: 28
  • Meridian: SEC 36 TWN 1S RNG 5E
  • Municipality: CHANDLER
  • Latitude: 33.2984
  • Longitude: -111.79

    Address

  • Full Address: 2961 E Folley Pl
  • Address - House Number: 2961
  • Street Direction: E
  • Address - Street Name: Folley
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Chandler
  • Carrier Code: R033
  • 4-Digit Zip Code: 2423
  • Zip Code: 85225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,036
  • Tax Rate Code Area: 800300

    Appraisal Valuation

  • Standard Deviation: 0.1836
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 542,271
  • High Value: 641,835
  • Low Value: 442,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,250
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $446,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $425,200
  • Market Land Value: $85,000
  • Market Improvement Value: $340,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,520
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $34,020

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11870014490
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211264575
  • Previous Sale Recording Date: Mar 24, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMARK CAPITAL INC
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $446,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INTERNATIONAL CITY MORTGAGE IN
  • Previous Mortgage Transaction Date: Mar 24, 2016
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Chandler



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Frequently Asked Questions

What neighborhood is 2961 East Folley Place located in?
The 2961 East Folley Place is a house located in the neighborhood of Maricopa in Chandler, Chandler.
What is the average sales price for listings in 2961 East Folley Place?
The average sales price for units in 2961 East Folley Place is $0 currently.

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