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Avondale 85392 Garden Lakes
11634 W OLIVE Drive
Photo of 11634 W OLIVE Drive
Sold on Jan 10, 2025

45

Map

Photo of 11634 W OLIVE Drive
Photo of 11634 W OLIVE Drive
$353,000
● House - Off Market

11634 W OLIVE Drive

Avondale, AZ 85392
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,564 Ft²
$1,911
Est. Monthly
$67
HOA / Fees

About This Property

Nestled in the picturesque Garden Lakes Subdivision, this property offers stunning views of pristine lakes that shine during the fall and spring seasons. Boasting 3 bedrooms and 2.5 baths, this residence features a spacious living space with soaring ceilings and a inviting fireplace, perfect for relaxing evenings. The expansive kitchen showcases elegant granite countertops, a pantry, and a sunny breakfast room. Step outside to your beautifully landscaped backyard complemented by a covered ramada surrounded by vibrant flowering plants. The fountains at North Lake never fail to impress, while the nearby aviary sanctuary provides a peaceful retreat with its abundance of ducks, geese, hawks, and graceful cranes. This beautiful home creates the perfect blend of nature and convenience.
Unit Size
1,564 Ft²
Days on Market
126 days
Land Size
0.10 acres
Price per sqft
$224
Property Type
House
Property Taxes
$126
HOA Dues
$67
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6742151)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Aug 9, 2024 Listed by My Home Group Real Estate $349,900
Listed by My Home Group Real Estate
Jan 15, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,221
  • Total Building Area: 1,564
  • Gross Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDEN LAKES PARCEL 23 LOT 1-150 TR A-F
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: GARDEN LAKES PARCEL 23 LOT 1-150 TR A-F MCR 318-42

Neighborhood

  • School District Name: Pendergast Elementary District
  • Census Tract: 082020

Zoning

  • Zoning: PAD

Geography

  • Assessors Map Reference: 31842
  • Parcel: 501-73-164
  • Lot: 131
  • Meridian: SEC 25 TWN 2N RNG 1W
  • Municipality: AVONDALE
  • Latitude: 33.4817
  • Longitude: -112.31

    Address

  • Full Address: 11634 W Olive Dr
  • Address - House Number: 11634
  • Street Direction: W
  • Address - Street Name: Olive
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Avondale
  • Carrier Code: C018
  • 4-Digit Zip Code: 4118
  • Zip Code: 85392

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $151,054
  • Tax Rate Code Area: 920100

    Appraisal Valuation

  • Standard Deviation: 0.1405
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 368,272
  • High Value: 420,040
  • Low Value: 316,504

    Market Valuation

  • Market Total Value: $250,200
  • Market Land Value: $50,000
  • Market Improvement Value: $200,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,020
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $20,020

    Sales

  • Current Sale Contract Date: Nov 02, 2015
  • Current Sale Recording Date: Jan 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-0030195
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garden Lakes

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2230 ft²

Average Home Age

33.6 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10964 W Taft Street, Phoenix, AZ, 85037

$3,800 /mo

  • 4 Beds
  • 2,178 ft²
10964 W Taft Street, Phoenix, AZ, 85037 Listing by Drew Y Brantley
Unit for rent at 10826 W Polk Street, Avondale, AZ, 85323

$2,050 /mo

  • 4 Beds
  • 3 Baths
  • 1,874 ft²
10826 W Polk Street, Avondale, AZ, 85323 Listing by Christopher Tong
Unit for rent at 10901 W Lewis Avenue, Avondale, AZ, 85392

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,450 ft²
10901 W Lewis Avenue, Avondale, AZ, 85392 Listing by Domenic Paluscio

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6742151
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 11634 West Olive Drive built and last sold?
The property at 11634 West Olive Drive was built in 1990 and last sold on Nov 2, 2015 for $170,000.
How much is this home worth?
The estimated value of the home located at 11634 West Olive Drive is $352,861.
What are some comparable homes to 11634 West Olive Drive?
There are currently no comparable homes to 11634 West Olive Drive.
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