NOT LISTED FOR SALE

Estimated Value: $819,000 - $1,263,000

3 Beds
2 Baths
2,328 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $740,000 $318 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,529/month

85 Days on Market

Highlights

  • Private Pool
  • 0.39 Acre Lot
  • Tile Flooring
  • Madison Richard Simis School Rated A-
  • No HOA
  • Central Air

About This Home

As of March 2023

Vintage Central corridor home on near 1⁄2 acre lot. Great project in an incredible location. 2 new homes just built by DR Horton across the street. There is potential to split this lot with a variance. Tons of great potential in this property to be renovated, added onto or plenty of room to build guest house or detached garage. Nearly 2400 sq ft , 3 bedrooms, plus den, and 2 baths. Seller is willing to lease option or wrap existing seller carry with substantial down payment.

Last Agent to Sell the Property

Steve Valentine

Real Broker License #BR517749000 Listed on: 08/25/2022

Last Buyer's Agent

Ruben Luna

eXp Realty License #SA558959000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 1944

Lot Details

  • 0.39 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,328 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Orangewood Lots 11 15 Block 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 7
  • Assessor Parcel Number 160-42-002-K

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,479

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Ave & Northern
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1944
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: ORANGEWOOD LOTS 11-15 BLOCK 2
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: K
  • General Property Description:PriceSqFt: 317.87
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Laminate Counters
  • Living Area: 2328.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17181.0
  • Parcel #: 160-42-002-K

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 5479.0
  • Tax Block: 7
  • Tax Book Number: 160.00
  • Tax Lot: 15
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Mar 24, 2023
Sold by
R & R 7 Llc
Bought by
Alberti Dorothy
Seller's Agent
Steve Valentine
Real Broker
Buyer's Agent
Ruben Luna
eXp Realty
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Views
11
Current Estimated Value
$970,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,767
Avg. Annual Appreciation
10.22%
Original Mortgage
$490,000
Outstanding Balance
$474,589
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$496,178

Purchase Details

Closed on
May 13, 2022
Sold by
Ruehs Living Trust
Bought by
R & R 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 2021
Sold by
Ruehs Richard G and Ruehs Marie Dawn
Bought by
Ruehs Living Trust

Purchase Details

Closed on
Oct 26, 2020
Sold by
Nelson Olof Henry
Bought by
Nelson Olof H and Nelson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Nelson Olof H
Bought by
Nelson Olof H and Nelson Jonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Nelson Jonnie A
Bought by
Nelson Olof H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records
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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
Alberti Dorothy $740,000 Lawyers Title Of Arizona
R & R 7 Llc $800,000 Lawyers Title
Ruehs Living Trust -- Morris Hall Pllc
Ruehs Richard G -- Morris Hall Pllc
Nelson Olof H -- Accommodation
Nelson Olof Henry -- First Integrity Ttl Agcy Of
Nelson Olof H -- Accommodation
Nelson Olof H -- Magnus Title Agency
Nelson Olof H -- Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberti Dorothy $490,000
Previous Owner R & R 7 Llc $400,000
Previous Owner Nelson Olof Henry $140,000
Previous Owner Nelson Olof H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $740,000 -4.5% $318 / Sq Ft
11/30/2022 11/30/22 Price Changed $775,000 -3.1% $333 / Sq Ft
11/11/2022 11/11/22 For Sale $800,000 0.0% $344 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $800,000 -5.9% $344 / Sq Ft
08/16/2022 08/16/22 For Sale $850,000 -- $365 / 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 $5,434 $46,316 -- --
2024 $4,999 $39,767 -- --
2023 $4,999 $68,860 $13,770 $55,090
2022 $5,432 $50,860 $10,170 $40,690
2021 $5,479 $46,780 $9,350 $37,430
2020 $5,393 $48,210 $9,640 $38,570
2019 $5,274 $43,800 $8,760 $35,040
2018 $5,145 $41,250 $8,250 $33,000
2017 $4,903 $41,830 $8,360 $33,470
2016 $4,734 $38,670 $7,730 $30,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6450564

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-42-002K