NOT LISTED FOR SALE

2470 E Orchid Ln Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated Value: $452,028 - $502,000

3 Beds
2 Baths
1,618 Sq Ft
$292/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $226,000 $140 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,613/month

Highlights

  • Covered Patio or Porch
  • Skylights
  • Double Vanity
  • Higley Traditional Academy Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of October 2023

Vacant and move-in ready! Newly renovated couple of years ago: painting interior and exterior, big tiles in all areas other than bedrooms and living room with carpet. Newer stainless refrigerator. Washer and dryer provided. Spacious and light-filled living room with a bay window and skylight. Open kitchen featuring a breakfast bar. Title family room with separate dinning area.

Last Agent to Rent the Property

Thomas Wang

Golden Bull Realty LLC License #BR652976000 Listed on: 10/01/2023

Last Renter's Agent

Suzanne Dodson

Copper Street Realty, LLC License #BR659016000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 5,040 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Greenfield Lakes Association, Phone Number (480) 820-1519
  • Built by Hancock Homes
  • Greenfield Lakes Parcel 5 Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 10/1/23
  • 12-Month Minimum Lease Term
  • Tax Lot 151
  • Assessor Parcel Number 304-27-267

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-10-01

Listing Details

  • Cross Street: E Ray Rd and Santan Village Pkwy
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Rental Info H O A Name: Greenfield Lakes
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: GREENFIELD LAKES PARCEL 5 UNIT 2
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1618.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Greenfield Lakes
  • Phone: 480-820-1519
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Williams Field High School
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Lot Size Sq Ft: 5040.0
  • Parcel #: 304-27-267

Building Info

  • Builder Name: Hancock Homes

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 151
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Sep 15, 2016
Sold by
Od Arizona F Llc
Bought by
Cai Ren Hang and Liu Meijin
Seller's Agent
Thomas Wang
Golden Bull Realty LLC
Buyer's Agent
Summer Gustin
RE/MAX Solutions
Sold Price
$1,250
Current Estimated Value
$473,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,007
Avg. Annual Appreciation
8.29%
Original Mortgage
$136,000
Outstanding Balance
$62,933
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$410,324

Purchase Details

Closed on
Jun 28, 2016
Sold by
Deskins Rebstock Candy Lee
Bought by
Od Arizona F Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Dyer Jason J and Dyer Anita
Bought by
Deskins Rebstock Candy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,136
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1998
Sold by
Hancock Communities Llc
Bought by
Dyer Jason J and Nelson Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1998
Sold by
H C Builders Inc
Bought by
Hancock Communities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Ren Hang $226,000 Old Republic Title Agency
Od Arizona F Llc $215,000 None Available
Deskins Rebstock Candy Lee $130,000 Stewart Title & Trust
Dyer Jason J $120,919 Lawyers Title Of Arizona Inc
Hancock Communities Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Ren Hang $136,000
Previous Owner Od Arizona F Llc $75,000,000
Previous Owner Deskins Rebstock Candy Lee $129,136
Previous Owner Dyer Jason J $115,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Rented $2,150 0.0% --
10/09/2023 10/09/23 Under Contract -- -- --
10/01/2023 10/01/23 For Rent $2,150 0.0% --
06/01/2022 06/01/22 Rented $2,150 0.0% --
05/18/2022 05/18/22 Under Contract -- -- --
05/14/2022 05/14/22 Price Changed $2,150 -2.3% $1 / Sq Ft
05/08/2022 05/08/22 For Rent $2,200 +33.3% --
10/01/2020 10/01/20 Rented $1,650 0.0% --
09/26/2020 09/26/20 Under Contract -- -- --
09/22/2020 09/22/20 For Rent $1,650 +32.0% --
11/11/2016 11/11/16 Rented $1,250 0.0% --
10/20/2016 10/20/16 Under Contract -- -- --
10/12/2016 10/12/16 For Rent $1,250 0.0% --
09/21/2016 09/21/16 Sold $226,000 -1.3% $140 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $229,000 -0.4% $142 / Sq Ft
07/21/2016 07/21/16 Price Changed $230,000 -0.9% $142 / Sq Ft
07/01/2016 07/01/16 For Sale $232,000 -- $143 / 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 $1,679 $19,322 -- --
2024 $1,844 $18,402 -- --
2023 $1,844 $32,720 $6,540 $26,180
2022 $1,772 $24,310 $4,860 $19,450
2021 $1,792 $23,130 $4,620 $18,510
2020 $1,817 $21,260 $4,250 $17,010
2019 $1,764 $19,220 $3,840 $15,380
2018 $1,706 $18,130 $3,620 $14,510
2017 $1,649 $16,680 $3,330 $13,350
2016 $1,399 $16,280 $3,250 $13,030
2015 $1,241 $15,460 $3,090 $12,370
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2023

    Thomas Wang

    Golden Bull Realty LLC

    (480) 620-5328

    1 in this area

    27 Total Sales

    Thomas Wang
    Section Image
  • Suzanne Dodson

    Tenant's Agent in 2023

    Suzanne Dodson

    Copper Street Realty, LLC

    (480) 216-6007

    23 Total Sales

    Suzanne Dodson
    Section Image

  • J

    Seller's Agent in 2016

    Jacqueline Moore

    Opendoor Brokerage, LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jingyi Wang

    Opendoor Brokerage, LLC

    Section Image

  • S

    Buyer's Agent in 2016

    Summer Gustin

    RE/MAX

  • Christy Crouse

    Buyer's Agent in 2016

    Christy Crouse

    RE/MAX

    (480) 332-5925

    3 in this area

    102 Total Sales

    Christy Crouse
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6612242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-27-267

Arizona Maricopa County Gilbert 85296 Morrison Ranch

2470 E Orchid Ln, Gilbert, AZ

Not Listed for Sale

Detached

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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

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