NOT LISTED FOR SALE

1009 E Monroe Ave Buckeye, AZ 85326

Estimated Value: $363,000 - $564,000

4.91 Acres
$100,475 Price per Acre
213,880 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $641,000

Est. 23% decrease in value since last sale

Current estimated payment $2,749/month

153 Days on Market

Highlights

  • Barn
  • 4.91 Acre Lot
  • Shed
  • Horses Allowed On Property
  • No HOA
  • 5-minute walk to Buckeye Town Park

About This Lot

As of September 2023

A great development property for ''Build to Rent'' housing all the way up to retail commercial (list of allowed uses in Documents). 4 acres or more to the West can be purchased at $3.00/sq. ft. also giving 9 or more acres. Buckeye water, sewer and APS electric are at the property ''plus'' sewer line on the South property line also (Buyer to verify all utilities during inspection). New dev. across the street and at the corner (see info in docs). Property is in the Buckeye downtown district so there may be development incentives. Current zoning is CC (Commercial Community and uses are in Documents. Sale is subject to month to month leases for RV tenant on North acre and farmer on South 4 acres. Property also has a Well with Grandfathered water rights (in Documents)

Last Agent to Sell the Property

Darren Kellas

West USA Realty License #BR005385000 Listed on: 02/12/2023

West USA Realty

Last Buyer's Agent

Darren Kellas

West USA Realty License #BR005385000 Listed on: 02/12/2023

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,718

Lot Details

  • 4.91 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence
  • Property is zoned C C

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Grandfathered Water Rights
  • Well

Additional Features

  • North or South Exposure
  • Residence on Property
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot ''-''
  • Assessor Parcel Number 400-24-007

Community Details

Overview

  • No Home Owners Association
  • Not Subdivided Land Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,718

Lot Details

0

Listing Details

  • Cross Street: Monroe Avenue West of Apache
  • Legal Info Range: 3W
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: C C
  • Tax Year: 2022
  • Directions: Hwy 85 to Apache, South to Monroe Ave and West to the property on the Left/South side of the road. Sign on house says 1010.
  • Horses: Yes
  • Lot Size Acres: 4.91
  • Road Surface Type: Concrete
  • Subdivision Name: Not Subdivided Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks, Retail, Single Family, Multi-Family, Commercial, Office

Exterior Features

  • Fencing: Partial, Wood, Wire
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: Shed(s), Barn(s), Residence

Utilities

  • Electric: APS
  • Water Source: Other, City Franchise, Domestic Well, Wtr Rghts Grndfthrd, Irr Ditch(es)-Lined

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 166.23 X 1285.93
  • Lot Size Sq Ft: 213748.92
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 400-24-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3718.0
  • Tax Book Number: 400.00
  • Tax Lot: ''-''
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2023
Closed on
Sep 27, 2023
Sold by
Evil Knaves Inc
Bought by
Saks Shani
Seller's Agent
Darren Kellas
West USA Realty
Buyer's Agent
Darren Kellas
West USA Realty
List Price
$641,280
Sold Price
$641,000
Premium/Discount to List
-$280
-0.04%
Views
44
Current Estimated Value
$493,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,667
Avg. Annual Appreciation
-11.99%
Original Mortgage
$416,650
Outstanding Balance
$408,411
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$84,923

Purchase Details

Closed on
Dec 20, 2022
Sold by
Evil Knaves Inc
Bought by
Ldl Usa Llc

Purchase Details

Closed on
Dec 31, 2019
Sold by
Berard Anna Nesbitt
Bought by
Tmc Investments Llc

Purchase Details

Closed on
Aug 22, 2019
Sold by
Parekh Janak M
Bought by
Buckeye Ranch House Llc

Purchase Details

Closed on
Aug 22, 2006
Sold by
Landcor Llc
Bought by
Clark Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,500
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ghela Manu R and Patel Gita M
Bought by
Parekh Janak M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2004
Sold by
Bryant Bobby D and Bryant Linda D
Bought by
Ghela Manu and Patel Gita M

Purchase Details

Closed on
Jul 7, 1999
Sold by
Berard Anna Louise Nesbitt
Bought by
Berard Anna Nesbitt and Berard Leo H

Purchase Details

Closed on
Jan 23, 1998
Sold by
Nesbitt Joseph Lewis and Berard Anna Louise Nesbitt
Bought by
Nesbitt Joseph Lewis and Berard Anna Louise Nesbitt

Purchase Details

Closed on
May 29, 1996
Sold by
Nesbitt Elaine
Bought by
Maricopa County

Purchase Details

Closed on
Apr 10, 1995
Sold by
Nesbitt Elaine
Bought by
Nesbitt Elaine and Elaine Nesbitt Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Saks Shani $641,000 Equitable Title
Evil Knaves Inc -- Equitable Title
Ldl Usa Llc -- Grand Canyon Title
Tmc Investments Llc $240,000 Pioneer Title Agency Inc
Buckeye Ranch House Llc $615,000 Empire West Title Agency Llc
Clark Rick $1,140,000 Magnus Title Agency
Brim Robert L $1,132,500 Magnus Title Agency
Sheppard Robert $1,132,500 Magnus Title Agency
Parekh Janak M $550,000 Capital Title Agency Inc
Ghela Manu $271,600 Capital Title Agency Inc
Berard Anna Nesbitt -- --
Nesbitt Joseph Lewis -- --
Nesbitt Joseph Lewis -- --
Maricopa County -- Nations Title Insurance
Nesbitt Elaine -- --
Nesbitt Elaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saks Shani $416,650
Previous Owner Sheppard Robert $876,500
Previous Owner Parekh Janak M $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $641,000 0.0% --
09/29/2023 09/29/23 Off Market $641,280 -- --
07/13/2023 07/13/23 Pending -- -- --
02/22/2023 02/22/23 Off Market $641,000 -- --
02/10/2023 02/10/23 For Sale $641,280 -- --
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 $1,594 $13,010 -- --
2024 $3,706 $12,399 -- --
2023 $3,706 $38,550 $30,640 $7,910
2022 $3,718 $37,720 $30,640 $7,080
2021 $3,860 $6,960 $0 $6,960
2020 $272 $16,395 $9,495 $6,900
2019 $259 $15,383 $8,493 $6,890
2018 $243 $10,017 $2,977 $7,040
2017 $232 $3,908 $3,128 $780
2016 $232 $6,212 $5,422 $790
2015 $216 $2,377 $1,607 $770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6519615

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-24-007