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517 West Summit Place

517 West Summit Place, Chandler, AZ 85225
Property in Maricopa
Refi Jun 27, 2012
Transfer
Owner
$186,343 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2042
517 West Summit Place in Chandler, AZ was first built in 1980 and is 44 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 517 West Summit Place has 2,208 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,858 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,162 in taxes each year. 517 West Summit Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,830. If we break it down further, the land itself was valued at $8,360. Improvements to the property, however, were assessed at a total of $33,470. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,858
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MISSION VALLEY
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MISSION VALLEY MCR 212-26

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 26, 2024

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 422220

Zoning

  • Zoning: R-8.5

Geography

  • Assessors Map Reference: 21226
  • Parcel: 302-88-488
  • Lot: 233
  • Meridian: SEC 9 TWN 1S RNG 5E
  • Municipality: CHANDLER
  • Latitude: 33.3524
  • Longitude: -111.849

    Address

  • Full Address: 517 W Summit Pl
  • Address - House Number: 517
  • Street Direction: W
  • Address - Street Name: Summit
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Chandler
  • Carrier Code: C040
  • 4-Digit Zip Code: 7799
  • Zip Code: 85225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,162
  • Tax Rate Code Area: 040300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 565,913
  • High Value: 642,501
  • Low Value: 489,325

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,643
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 27, 2012
  • First Open Lien Mortgage Loan Amount: $186,343
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042
  • Second Open Lien Mortgage Lender: DESERT SCHOOLS FCU
  • Second Open Lien Mortgage Recording Date: Jul 12, 2016
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $62,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $418,300
  • Market Land Value: $83,600
  • Market Improvement Value: $334,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,830
  • Assessed Land Value: $8,360
  • Assessed Improvements Value: $33,470

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 517 West Summit Place located in?
The 517 West Summit Place is a located in the neighborhood of Maricopa in Chandler, Chandler.
What is the average sales price for listings in 517 West Summit Place?
The average sales price for units in 517 West Summit Place is $0 currently.

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