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5742 West Orchid Lane

5742 West Orchid Lane, Chandler, AZ 85226
Property in Maricopa
Sold Sep 15, 2021
$700,000
$400,000 by Better Mortgage Corporation
Mortgage Due Oct 01, 2051
5742 West Orchid Lane in Chandler, AZ was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5742 West Orchid Lane has 3,112 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 15,673 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. For those who need parking, there is a garage. There are a total of 3 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5742 West Orchid Lane sold most recently in Sep 9, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $224.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,993 in taxes each year. 5742 West Orchid Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,330. If we break it down further, the land itself was valued at $11,060. Improvements to the property, however, were assessed at a total of $44,270. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 15,673
  • Total Building Area: 3,112
  • Gross Building Area: 3,112
  • Building Area: 3,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARNER RANCH PHASE 3 LOT 1-265 TR A-G
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WARNER RANCH PHASE 3 LOT 1-265 TR A-G MCR 343-40

Ownership

  • Current Owner : AXELSEN BLAKE THOMAS
  • Current Owner 2: AXELSEN ASHLYN JEAN
  • Previous Owner : ORCHID RANCH LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 810500

Zoning

  • Zoning: PAD

Geography

  • Assessors Map Reference: 34340
  • Subdivision Phase Number: 3
  • Parcel: 308-07-511
  • Lot: 152
  • Meridian: SEC 22 TWN 1S RNG 4E
  • Municipality: CHANDLER
  • Latitude: 33.3234
  • Longitude: -111.94

    Address

  • Full Address: 5742 W Orchid Ln
  • Address - House Number: 5742
  • Street Direction: W
  • Address - Street Name: Orchid
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Chandler
  • Carrier Code: C005
  • 4-Digit Zip Code: 1218
  • Zip Code: 85226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,993
  • Tax Rate Code Area: 280300

    Appraisal Valuation

  • Standard Deviation: 0.1278
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 761,469
  • High Value: 858,814
  • Low Value: 664,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $553,300
  • Market Land Value: $110,600
  • Market Improvement Value: $442,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,330
  • Assessed Land Value: $11,060
  • Assessed Improvements Value: $44,270

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11855325266
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210998982

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 15, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Chandler



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Frequently Asked Questions

What neighborhood is 5742 West Orchid Lane located in?
The 5742 West Orchid Lane is a located in the neighborhood of Maricopa in Chandler, Chandler.
What is the average sales price for listings in 5742 West Orchid Lane?
The average sales price for units in 5742 West Orchid Lane is $0 currently.

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