NOT LISTED FOR SALE

2536 W Orangewood Ave Phoenix, AZ 85051

Alhambra Neighborhood

Estimated Value: $348,000 - $688,000

-- Bed
1 Bath
1,300 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $143,000 $110 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $3,311/month

25 Days on Market

Highlights

  • Cooling Available
  • Washington High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of April 2013

Great investment property in Phoenix Arizona for an investor or owner to live in one and rent out the other three. Multifamily 4 units total of 2638 square feet close to shopping centers with easy access to I-17 Freeway. Don't miss the opportunity to own four units with no HOA, Low expenses to multiply your income. Property has an on site Laundry. 2 units are occupied. This is not a Short Sale or Bank owned-Traditional Sale can close right away. Buyer to investigate property as deemed necessary.

Last Agent to Sell the Property

Arturo Plascencia

West USA Realty License #SA580124000 Listed on: 01/31/2013

West USA Realty

Co-Listed By

Dale Dresel

Cactus Mountain Properties, LLC License #SA520931000

Last Buyer's Agent

Bob Branch

Berkshire Hathaway HomeServices Arizona Properties License #SA550581000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1995

Lot Details

  • 0.39

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Assigned Parking

Schools

  • Washington Elementary School - Phoenix
  • Orangewood Middle School
  • Washington High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 69
  • Assessor Parcel Number 157-30-074

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 16975

Building Details

  • Operating Expense $1,138
  • Gross Income $18,630
  • Net Operating Income $17,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,138

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Cross Street: NORTHERN & 27TH AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1995
  • Tax Year: 2012
  • Directions: South on 27th AVE to Orangewood East to property on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: solu01
  • Co List Office Phone: 480-838-9613
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Washington High School
  • Middle Or Junior School: Orangewood School

Lot Info

  • Lot Size: 16975
  • Additional Parcels: No
  • Parcel #: 157-30-074

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 18630.0
  • Property Net Operating Income: 17493.0
  • Annual Operating Expense: 1138.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 1138.0
  • Tax Book Number: 157.00
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Jhl Creek Trust
Bought by
Metrillo-Wakeham Llc
Current Estimated Value
$581,558

Purchase Details

Closed on
Nov 23, 2020
Sold by
Lewis James H
Bought by
Boyce Linda

Purchase Details

Listed on
Jan 31, 2013
Closed on
Apr 2, 2013
Sold by
Jansenn Derek
Bought by
Lewis James
Seller's Agent
Arturo Plascencia
West USA Realty
Buyer's Agent
Bob Branch
Berkshire Hathaway HomeServices Arizona Properties
List Price
$143,000
Sold Price
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$107,250
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2012
Sold by
Lewis James H
Bought by
Lewis James H and The James H Lewis Living Trust

Purchase Details

Closed on
Oct 17, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Janssen Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,300
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
May 12, 2011
Sold by
Al Asay Ali H and Mustafa Fatima
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 2, 2001
Sold by
Shevat Heather M
Bought by
Shevat Ariel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2001
Sold by
Shevat Ariel
Bought by
Alasady Ali H and Mustafa Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 1997
Sold by
Hascall Thomas L and Hascall Rhonda S
Bought by
Lewis James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,347
Interest Rate
7.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 1994
Sold by
Miller Jerry L and Miller Jo Ann
Bought by
Shevat Ariel and Shevat Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back
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
Metrillo-Wakeham Llc -- None Listed On Document
Boyce Linda -- None Available
Lewis James $143,000 American Title Service Agenc
Lewis James H -- None Available
Janssen Derek -- Grand Canyon Title Agency
Secretary Of The Department Of Housing & -- First American Title Ins Co
Wells Fargo Bank Na $136,228 Accommodation
Shevat Ariel L -- --
Alasady Ali H $145,000 Grand Canyon Title Agency In
Lewis James H $274,000 Ati Title Agency
Shevat Ariel $75,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis James $107,250
Previous Owner Janssen Derek $76,300
Previous Owner Alasady Ali H $142,759
Previous Owner Lewis James H $119,347
Previous Owner Shevat Ariel $70,000
Closed Lewis James H $97,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $143,000 0.0% $110 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $143,000 -- $110 / 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 $1,709 $13,969 -- --
2024 $1,678 $13,304 -- --
2023 $1,678 $47,950 $9,590 $38,360
2022 $1,623 $32,210 $6,440 $25,770
2021 $1,644 $27,120 $5,420 $21,700
2020 $1,603 $26,120 $5,220 $20,900
2019 $1,573 $22,660 $4,530 $18,130
2018 $1,532 $19,430 $3,880 $15,550
2017 $1,524 $16,800 $3,360 $13,440
2016 $1,497 $16,170 $3,230 $12,940
2015 $1,386 $15,030 $3,000 $12,030
Source: Public Records

Agents Affiliated with this Home

  • Arturo Plascencia

    Seller's Agent in 2013

    Arturo Plascencia

    West USA Realty

    (602) 942-4200

    93 Total Sales

    Arturo Plascencia
    Section Image
  • Dale Dresel

    Seller Co-Listing Agent in 2013

    Dale Dresel

    Cactus Mountain Properties, LLC

    (480) 369-8277

    24 Total Sales

    Dale Dresel
    Section Image

  • B

    Buyer's Agent in 2013

    Bob Branch

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 348-5211

    2 Total Sales

    Bob Branch
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4883108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-30-074

Arizona Maricopa County Phoenix 85051 Alhambra

2536 W Orangewood Ave, Phoenix, AZ

This home is located at 2536 W Orangewood Ave, Phoenix, AZ 85051 since 31 January 2013 and is currently estimated at $581,558, approximately $447 per square foot. This property was built in 1995. 2536 W Orangewood Ave is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

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

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