NOT LISTED FOR SALE

1121 N Olive Ave Casa Grande, AZ 85122

Estimated Value: $465,000 - $543,654

7 Beds
3 Baths
3,769 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 24, 2021

Last sale price $560,000 $149 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,900/month

40 Days on Market

Highlights

  • Guest House
  • 0.42 Acre Lot
  • No HOA
  • Private Pool
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of December 2021

This listing is ''Specific'' It is currently a Licensed Assisted Living Home and sale is contingent upon new owner signing a Guaranteed (5) Year Lease (with 5 yr renewal) back to Business owner of the Lic. Note: Lease Back to be negotiated within Purchase Contract & Lease back, estimated to be $5,000.00...

Last Agent to Sell the Property

Frank Dell'Armi

JPAR Vantage License #SA101932000 Listed on: 10/02/2021

JPAR Vantage

Last Buyer's Agent

Joshua Akins

HomeSmart License #SA677459000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1950

Lot Details

  • 0.42 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 4 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,769 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Sahuaro Ranch Elementary School
  • Casa Grande Middle School
  • Casa Grande Union High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ward Park Addition Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 506-06-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: FLORENCE BLVD & OLIVE AVE - North to Home...
  • Legal Info Range: 06E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1950
  • Tax Year: 2021
  • Directions: ''Assisted Living Home''/''Group Home'' for (#10) with Income... Call Agt for details...
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: WARD PARK ADDITION
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 7
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 3769.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Sahuaro Ranch Elementary School
  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18509.0
  • Parcel #: 506-06-080

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1739.0
  • Tax Book Number: 506.00
  • Tax Lot: 21
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Kang Myeong Cha
Bought by
Ohana Living Trust and Kang
Current Estimated Value
$504,414

Purchase Details

Listed on
Oct 2, 2021
Closed on
Dec 9, 2021
Sold by
North Olive Avenue Llc
Bought by
Kang Mycong Cha
Seller's Agent
Frank Dell'Armi
JPAR Vantage
Buyer's Agent
Joshua Akins
HomeSmart
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%
Original Mortgage
$448,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Loewenhagen Richard J
Bought by
North Oklive Avenue Llc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Loewenhagen Elsa
Bought by
Loewenhagen Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2004
Sold by
Olive Branch Llc
Bought by
Lefsrud Brian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1999
Sold by
Mcmurtry William and Mcmurtry Dorris
Bought by
Olive Branch Llc

Purchase Details

Closed on
Mar 9, 1998
Sold by
Pasell Stephen W and Pasell Jean K
Bought by
Mcmurtry William and Mcmurtry Dorris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ohana Living Trust -- None Listed On Document
Kang Mycong Cha $560,000 Equity Title Agency Inc
North Oklive Avenue Llc $475,000 Title Security Agency Llc
Loewenhagen Richard J -- Security Title Agency Inc
Loewenhagen Richard J $380,000 Security Title Agency Inc
Lefsrud Brian H $285,000 Fidelity National Title Agen
Olive Branch Llc -- --
Mcmurtry William $180,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Mycong Cha $448,000
Previous Owner Loewenhagen Richard J $270,000
Previous Owner Lefsrud Brian H $228,000
Previous Owner Mcmurtry William $144,000
Closed Lefsrud Brian H $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2021 12/24/21 Sold $560,000 -5.9% $149 / Sq Ft
12/04/2021 12/04/21 For Sale $595,000 0.0% $158 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $595,000 -- $158 / Sq Ft
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 $2,694 $40,004 -- --
2024 $1,663 $42,942 -- --
2023 $2,744 $28,383 $14,000 $14,383
2022 $1,663 $23,745 $14,000 $9,745
2021 $1,739 $23,502 $0 $0
2020 $1,652 $10,864 $0 $0
2019 $1,582 $10,393 $0 $0
2018 $1,587 $10,051 $0 $0
2017 $1,450 $10,191 $0 $0
2016 $1,425 $9,998 $2,000 $7,998
2014 $1,434 $10,223 $2,000 $8,223
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frank Dell'Armi

    JPAR Vantage

    (480) 390-6006

    1 in this area

    33 Total Sales

    Frank Dell'Armi
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Akins

    HomeSmart

    (602) 230-7600

    3 in this area

    49 Total Sales

    Joshua Akins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6302184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 506-06-080

Arizona Pinal County Casa Grande 85122

1121 N Olive Ave, Casa Grande, AZ

This home is located at 1121 N Olive Ave, Casa Grande, AZ 85122 since 02 October 2021 and is currently estimated at $504,414, approximately $133 per square foot. This property was built in 1950. 1121 N Olive Ave is a home located in Pinal County with nearby schools including Saguaro Elementary School, Casa Grande Middle School, and Casa Grande Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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