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523 West Orchid Lane

523 West Orchid Lane, Chandler, AZ 85225
Property in Maricopa
Sold Jan 07, 2021
$410,000
$328,000 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Nov 13, 2020
$400,000
523 West Orchid Lane in Chandler, AZ was first built in 1972 and is 52 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 523 West Orchid Lane has 2,123 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,196 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in Dec 4, 2020 for $410,000. That's $193.12 per sqft. Prior to that sales transaction, the property was also sold in Aug 17, 2020 for $400,000. 523 West Orchid Lane was last assessed in 2023. The total value of the property was assessed at $39,460. Specifically, the land the property is located on was valued at $7,890. While improvements on the property were assessed at a total of $31,570. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,622. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,196
  • Total Building Area: 2,123
  • Gross Building Area: 2,123
  • Building Area: 2,123
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,123
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THUNDERBIRD ESTATES 4
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THUNDERBIRD ESTATES 4 MCR 134-44

Ownership

  • Current Owner : HOANG CHRIS
  • Current Owner 2: TRAN TRACY
  • Previous Owner : OFFERPAD SPVBORROWER1 LLC
  • Owner Before Previous Owner: SMERCHEK DOUGLAS S
  • Owner Before Previous Owner 2: SMERCHEK DAYNA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 523007

Zoning

  • Zoning: R-8.5

Geography

  • Assessors Map Reference: 13444
  • Parcel: 302-44-195
  • Lot: 98
  • Meridian: SEC 21 TWN 1S RNG 5E
  • Municipality: CHANDLER
  • Latitude: 33.324
  • Longitude: -111.849

    Address

  • Full Address: 523 W Orchid Ln
  • Address - House Number: 523
  • Street Direction: W
  • Address - Street Name: Orchid
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Chandler
  • Carrier Code: C002
  • 4-Digit Zip Code: 6538
  • Zip Code: 85225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,622
  • Tax Rate Code Area: 800300

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 547,076
  • High Value: 645,361
  • Low Value: 448,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $394,600
  • Market Land Value: $78,900
  • Market Improvement Value: $315,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,460
  • Assessed Land Value: $7,890
  • Assessed Improvements Value: $31,570

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11810866093
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210017096
  • Previous Sale Recording Date: Nov 13, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 523 West Orchid Lane located in?
The 523 West Orchid Lane is a located in the neighborhood of Maricopa in Chandler, Chandler.
What is the average sales price for listings in 523 West Orchid Lane?
The average sales price for units in 523 West Orchid Lane is $0 currently.

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