NOT LISTED FOR SALE

101 E 8th St Casa Grande, AZ 85122

6 Beds
7 Baths
800 Sq Ft
9,583 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $285,000 $356 Per Sq Ft

20 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available

About This Home

As of September 2016

Wow! You won't find another one like this. Well maintained seven unit property in Casa Grande. Six 1 bedroom units and one studio. Complex is fully rented at $450 a month per unit. Property was remodeled inside & out six years ago. Each unit has updated A/C & heater, plumbing, roofing, and flooring. Individual electric meters were added. Owner pays water, sewer, trash, & electricity for the outside lighting and studio. This is perfect for the investor who wants a property that is already well maintained. Present us your offer, seller is extremely motivated. Please do not disturb tenants. ***Click on more for Spanish*** Wow! Usted no encontrara otro como este. Esta propiedad en Casa Grande de cieta unidades esta en muy buena condicion. Seis unidades de una recamara y un estudio. Estos apartamentos estan totalmente alquilados a $450 por mes por unidad. La propiedad fue remodelada por dentro y por fuera, hace seis anos. Cada unidad cuenta con nuevo A/C y calenton, plomeria, techo, piso. Medidores electricos individuales fueron agregados. Propietario paga agua, alcantarillado, basura, y electricidad para la iluminacion exterior y el estudio. Esto es perfecto para el inversionista que quiere una propiedad que ya esta en muy buena condicion. Presentenos su oferta , vendedor esta muy motivado. Porfavor no moleste los inquilinos.

Last Agent to Sell the Property

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 07/23/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000

Last Buyer's Agent

L.D. Hawkins

Hawkins & Associates Realty, Inc. License #BR548386000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1950

Lot Details

  • 9,583

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Cholla Elementary School
  • Casa Grande Middle School
  • Desert Ridge High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 506-07-012

Community Details

Overview

  • 7 Units
  • Building Dimensions are 104.91 X 14.16 X 63.24 X 139.88 X 50.19 X 34.01
  • Casa Grande First Addition 2 Subdivision

Building Details

  • Operating Expense $8,996
  • Gross Income $35,910
  • Net Operating Income $29,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$996

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Cross Street: Florence Blvd. and N. Center Ave.
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2015
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: CASA GRANDE FIRST ADDITION 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Cholla Elementary School
  • High School: Desert Ridge High
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Lot Size: 104.91 X 14.16 X 63.24 X 139.88 X 50.19 X 34.01
  • Additional Parcels: No
  • Parcel #: 506-07-012

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 7
  • Annual Gross Income: 35910.0
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 29800.0
  • Annual Operating Expense: 8996.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 996.0
  • Tax Block: 2
  • Tax Book Number: 506.00
  • Tax Lot: 6
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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 List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $285,000 -12.3% $356 / Sq Ft
07/23/2016 07/23/16 For Sale $325,000 -- $406 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,175 $12,300 -- --
2024 $1,180 $11,982 -- --
2023 $1,198 $10,073 $1,002 $9,071
2022 $1,180 $9,311 $1,002 $8,309
2021 $1,236 $9,051 $0 $0
2020 $1,172 $8,834 $0 $0
2019 $1,117 $8,457 $0 $0
2018 $1,107 $8,077 $0 $0
2017 $1,079 $8,239 $0 $0
2016 $1,040 $8,184 $1,002 $7,182
2014 $912 $5,933 $1,002 $4,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5474539

Arizona Regional Multiple Listing Service (ARMLS)
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