$635,000
SOLD JAN 31, 2025

7508 W Orangewood Ave Glendale, AZ 85303

-- Bed
-- Bath
1,025 Sq Ft
1955 Built

Recently Sold

$620 Per Sq Ft

12% Below List Price

43 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas

About This Home

As of January 2025

''NEW LIST PRICE''. ONLY Unit #5 is available to show!
Calling ALL serious dream minded developers. An explosive opportunity on this corner Lot at 75th Ave & Orangewood. Potential zoning for redevelopment to apartments. Commercial bring your development opportunity here...And it is in The County Island - You can still annex into the City of Glendale, if you so desire. Priced to sell - AS IS CASH or HARD MONEY and seller wants a 30-day closing - So you better hurry and not miss out on this amazing opportunity - minutes to 91st Ave & Glendale stadium where the Arizona Cardinals play. The new coming soon approximately billion dollar + one-of-a-kind resort named VAI. Google that to see that explosive development along with all the west side growth to bring your dream project here. Confirm with Maricopa County for your Zoning

Last Agent to Sell the Property

Jon Enright

HomeSmart License #SA535202000

HomeSmart

Last Buyer's Agent

Isaac Abedu Kennedy

R & S PREMIER HOMES License #SA687420000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1955

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water
  • Assessor Parcel Number 142-24-002-B

Community Details

Overview

  • 6 Units
  • Building Dimensions are 25,134 sq ft

Building Details

  • Operating Expense $12,693
  • Gross Income $45,980
  • Net Operating Income $41,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 75th Avenue & Northern
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • Directions: From Northern, head south on 75th Ave to Orangewood Ave. Property is on the corner.
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Annual Fuel Expense: 3000.0
  • Trash Expense: 942.0
  • Annual Water Sewer Expense: 1125.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 25,134 sq ft
  • Additional Parcels: No
  • Parcel #: 142-24-002-B

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water
  • Tenant Pays: None
  • Number Of Units Total: 6
  • Electric Expense: 4000.0
  • Annual Gross Income: 45980.0
  • Insurance Expense: 2100.0
  • Property Net Operating Income: 41990.0
  • Annual Operating Expense: 12693.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1526.0
  • Tax Book Number: 142.00
  • Tax Lot: n/a

Map

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

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $635,000 -12.4% $620 / Sq Ft
01/31/2025 01/31/25 Price Changed $725,000 0.0% $707 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/21/2024 12/21/24 For Sale $725,000 +14.2% $707 / Sq Ft
12/21/2024 12/21/24 Off Market $635,000 -- --
12/17/2024 12/17/24 Price Changed $725,000 -3.3% $707 / Sq Ft
11/26/2024 11/26/24 Price Changed $749,990 -3.2% $732 / Sq Ft
11/13/2024 11/13/24 For Sale $775,000 +257.1% $756 / Sq Ft
12/14/2015 12/14/15 Sold $217,000 -19.6% $212 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $270,000 -- $263 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6783577

Arizona Regional Multiple Listing Service (ARMLS)