NOT LISTED FOR SALE

2334 W Orangewood Ave Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $376,620 - $706,000

-- Bed
-- Bath
2,300 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $185,000 $80 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $3,254/month

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Washington High School Rated A-

About This Home

As of April 2015

This is the one! All 2 bedroom units with private, pet friendly rear yards and covered patios. There is an on site laundry too! Completely renovated in 2008 with dual pane windows, new doors, tile floors, kitchens with maple cabinets, ACs, microwaves, dishwashers, vanities, floors, we can go on and on!!! Beautiful slump block construction with ample parking! Per appraiser, SQ Footage is 2379. Buyer to verify all items during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 03/17/2015

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Arvle Knight

Transworld Business Advisors of Phoenix NE License #BR535084000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1978

Lot Details

  • 8,233

Home Design

  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 157-27-069

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $6,222
  • Gross Income $20,887
  • Net Operating Income $14,239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,058

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: Northern & 23rd Ave
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1978
  • Tax Year: 2014
  • Directions: South on 23rd Avenue to Orangewood, West on Orangewood to property on North side of road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Heat Pump
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2532.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 157-27-069

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20887.2
  • Insurance Expense: 1332.0
  • Maintenance Expense: 1050.0
  • Property Net Operating Income: 14239.0
  • Annual Operating Expense: 6222.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1058.0
  • Tax Book Number: 157.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 27, 2015
Sold by
Jj Barney & Associates I Llc
Bought by
Byam Angeline
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Arvle Knight
Transworld Business Advisors of Phoenix NE
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Total Days on Market
10
Current Estimated Value
$564,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,155
Avg. Annual Appreciation
11.97%
Original Mortgage
$138,750
Outstanding Balance
$108,870
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$472,669

Purchase Details

Closed on
May 29, 2009
Sold by
Bliss Tom
Bought by
Jj Barney & Associates I Llc

Purchase Details

Closed on
Apr 30, 2009
Sold by
Bank Of America National Association
Bought by
Bliss Tom

Purchase Details

Closed on
Nov 18, 2008
Sold by
Ochoa Lilia
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Dec 30, 2005
Sold by
Hernandez Raul
Bought by
Ochoa Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Hernandez Raul and Hernandez Magnolia
Bought by
Hernandez Raul

Purchase Details

Closed on
Jan 5, 2000
Sold by
Hernandez Raul
Bought by
Hernandez Raul and Hernandez Magnolia

Purchase Details

Closed on
Nov 16, 1999
Sold by
Hayes Kelly J and Atkinson Kelly J
Bought by
Hernandez Raul

Purchase Details

Closed on
May 8, 1996
Sold by
Heitzinger William J and Heitzinger Joan Fox
Bought by
Atkinson Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,341
Interest Rate
8.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Byam Angeline $185,000 Chicago Title Agency
Jj Barney & Associates I Llc -- None Available
Bliss Tom $78,000 Great American Title Agency
Lasalle Bank National Association $203,288 Great American Title Agency
Ochoa Lilia $260,000 Grand Canyon Title Agency In
Hernandez Raul -- Equity Title Agency Inc
Hernandez Raul -- --
Hernandez Raul $146,000 Stewart Title & Trust
Atkinson Kelly J $73,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byam Angeline $138,750
Previous Owner Ochoa Lilia $234,000
Previous Owner Atkinson Kelly J $72,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $185,000 -7.0% $80 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $199,000 -- $87 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,194 $9,762 -- --
2024 $1,172 $9,297 -- --
2023 $1,172 $32,820 $6,560 $26,260
2022 $1,134 $22,470 $4,490 $17,980
2021 $1,149 $21,230 $4,240 $16,990
2020 $1,120 $20,630 $4,120 $16,510
2019 $1,099 $16,750 $3,350 $13,400
2018 $1,071 $14,000 $2,800 $11,200
2017 $1,065 $13,400 $2,680 $10,720
2016 $1,046 $12,370 $2,470 $9,900
2015 $969 $10,060 $2,010 $8,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5251445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-27-069