NOT LISTED FOR SALE

2404 W Orangewood Ave Unit 6 UNITS Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $178,338 - $255,000

-- Bed
12 Baths
2,040 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $449,000 $220 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,277/month

53 Days on Market

Highlights

  • Heated Community Pool
  • Central Heating and Cooling System
  • Ceiling Fan
  • Washington High School Rated A-

About This Home

As of June 2014

EXCELLENT OPPORTUNITY FOR AN INVESTOR TO OWN 6 UNITS (3 DUPLEXES)!!! EACH OF THE UNIT HAS 1,020 SF. WITH 2BED/2BATH. 100% OCCUPIED!!! TOWN HOME STYLE UNITS.
GATED COMMUNITY WITH POOL. NICE, CLEAN AND SAFE NEIGHBORHOOD. BRAND NEW ITEMS:
NEW ROOF; NEW 6 A/C UNITS; NEW 6 WATER HEATERS; NEW PLUMBING; NEW FLOORING; NEW MOTOR AND FILTERS FOR POOL. TERMITE CONTROL CHECK PASSED. FULLY FUNCTIONAL UNITS WITHOUT ANY PROBLEMS. RENTS VERY FAST. DESIRABLE NORTH-CENTRAL PHOENIX LOCATION. GATED COMMUNITY !

Last Agent to Sell the Property

Garen Avanesyan

Realty ONE Group License #SA563260000 Listed on: 03/15/2014

Last Buyer's Agent

Jamie Canute

Orion Investment Real Estate License #SA580623000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1985

Lot Details

  • 566

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 11 Open Parking Spaces
  • 17 Parking Spaces
  • 6 Covered Spaces
  • Assigned Parking

Schools

  • Washington Elementary School - Phoenix
  • Glendale High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 1
  • Assessor Parcel Number 157-27-085

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are unknown
  • Village Manor Full To Be Provided In Escrow Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $13,752
  • Gross Income $19,662
  • Net Operating Income $42,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,352

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 24th Ave and Orangewood
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Year Built: 1985
  • Tax Year: 2013
  • Directions: Orangewood is North of Glendale.
  • Road Surface Type: Asphalt
  • Subdivision Name: Village Manor full to be provided in escrow
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 17.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 17.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 5000.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: Yes
  • Parcel #: 157-27-085

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 800.0
  • Annual Gross Income: 19661.5
  • Insurance Expense: 3500.0
  • Maintenance Expense: 1350.0
  • Property Net Operating Income: 42175.0
  • Annual Operating Expense: 13752.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 2352.0
  • Tax Book Number: 157.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Dv Dinehart Trust
Bought by
Orangewood Az Llc
Current Estimated Value
$224,745

Purchase Details

Listed on
Mar 15, 2014
Closed on
Jun 4, 2014
Sold by
Sunkar Apartments Llc
Bought by
Dinehart Viviane Elizabeth
Seller's Agent
Garen Avanesyan
Realty ONE Group
Buyer's Agent
Jamie Canute
Orion Investment Real Estate
List Price
$475,000
Sold Price
$449,000
Premium/Discount to List
-$26,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.87%

Purchase Details

Closed on
Aug 11, 2010
Sold by
E Z Managemkent Llc
Bought by
Brodskiy Oleg

Purchase Details

Closed on
Nov 20, 2002
Sold by
Covaciu Benjamin
Bought by
Gomez Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.28%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Vigliotti Angelo and Vigliotti Rebecca
Bought by
Covaciu Benjamin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Orangewood Az Llc -- --
Dinehart Viviane Elizabeth $449,000 Empire West Title Agency
Brodskiy Oleg $240,000 Chicago Title
Gomez Raul $420,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Raul $328,000
Closed Covaciu Benjamin $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $449,000 -5.5% $220 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $475,000 -- $233 / 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 $552 $4,515 -- --
2024 $542 $4,300 -- --
2023 $542 $11,480 $2,290 $9,190
2022 $524 $11,000 $2,200 $8,800
2021 $531 $8,630 $1,720 $6,910
2020 $518 $7,150 $1,430 $5,720
2019 $509 $6,250 $1,250 $5,000
2018 $495 $5,430 $1,080 $4,350
2017 $493 $5,020 $1,000 $4,020
2016 $484 $3,770 $750 $3,020
2015 $448 $3,500 $700 $2,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Garen Avanesyan

    Realty One Group

    Section Image

  • J

    Buyer's Agent in 2014

    Jamie Canute

    Orion Investment Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5085124

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-27-085

Arizona Maricopa County Phoenix 85021 Alhambra

2404 W Orangewood Ave Unit 6 UNITS, Phoenix, AZ

This home is located at 2404 W Orangewood Ave Unit 6 UNITS, Phoenix, AZ 85021 since 15 March 2014 and is currently estimated at $227,335, approximately $111 per square foot. This property was built in 1985. 2404 W Orangewood Ave Unit 6 UNITS is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and SC Jensen Online.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes