NOT LISTED FOR SALE

117 E 2nd St Casa Grande, AZ 85122

Estimated Value: $222,000 - $286,000

-- Bed
-- Bath
2,800 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $139,900 $50 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,315/month

59 Days on Market

About This Home

As of October 2012

Historical Downtown Casa Grande Building for Investor/Owner Occupants. 2800 sq ft building consists of office space w/2 entrances and could accommodate more than one tenant. Building currently has three tenants including a seafood restaurant; 11 on site parking spaces with additional street parking. Construction is brick and poured concrete; roof comp shingle and duralast; located in a Tax Increment Financing District.

Last Agent to Sell the Property

Jackie Guthrie

AZ New Horizon Realty License #SA634818000 Listed on: 09/04/2012

Last Buyer's Agent

Louise Ozment

Palo Verde Realty License #BR566239000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1941

Lot Details

  • 8,700 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned B-3

Home Design

  • 2,800 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 8, 9, 10
  • Assessor Parcel Number 507-07-146

Community Details

Building Details

  • Operating Expense $14,607
  • Net Operating Income $13,206

Additional Features

  • Building Dimensions are 75'x116'
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$3,280

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: SW Corner of 2nd Street and Marshall Street
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: B-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2011
  • Lot Size Acres: 0.2
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 1674.0
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 2800.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: See Remarks, Brick
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central A/C
  • Heating: 2 or More Units, Natural Gas
  • Green Building Features: Reception Room
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Fee Information

  • Annual Fuel Expense: 470.51
  • Trash Expense: 2783.22
  • Annual Water Sewer Expense: 570.07

Lot Info

  • Lot Size: 75'x116'
  • Lot Size Sq Ft: 8700.0
  • Parcel #: 507-07-146
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1902.21
  • Maintenance Expense: 700.0
  • Property Net Operating Income: 13205.67
  • Annual Operating Expense: 14607.01
  • Vacancy Allowance Rate: 1320.0
  • Leasable Area: 2800.0

Tax Info

  • Tax Annual Amount: 3280.0
  • Tax Book Number: 507.00
  • Tax Lot: 8, 9, 10
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2014
Sold by
Pimar Llc
Bought by
Barrera Cortina Santiago Cirilo
Current Estimated Value
$245,667

Purchase Details

Closed on
Dec 13, 2010
Sold by
Mom Haven 2 Lp
Bought by
Pimar Llc

Purchase Details

Closed on
Sep 27, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Mom Haven 2 Lp

Purchase Details

Closed on
Dec 9, 2009
Sold by
Gomez Laugro N
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Feb 1, 1995
Sold by
Ronquillo Raul and Ronquillo Linda S
Bought by
Gomez Laugro N and Gomez Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
9.23%
Mortgage Type
VA
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
Barrera Cortina Santiago Cirilo $350 None Available
Pimar Llc $14,200 None Available
Mom Haven 2 Lp -- None Available
Hsbc Bank Usa Na $31,000 Accommodation
Gomez Laugro N $45,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Laugro N $45,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $139,900 0.0% $50 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $139,900 -- $50 / 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 $347 $9,676 -- --
2024 $349 $9,068 -- --
2023 $354 $7,160 $625 $6,535
2022 $349 $3,866 $625 $3,241
2021 $366 $3,784 $0 $0
2020 $347 $3,633 $0 $0
2019 $330 $3,469 $0 $0
2018 $327 $3,352 $0 $0
2017 $319 $3,330 $0 $0
2016 $307 $3,255 $625 $2,630
2014 $270 $1,755 $625 $1,130
Source: Public Records

Agents Affiliated with this Home

  • Jackie Guthrie

    Seller's Agent in 2012

    Jackie Guthrie

    AZ New Horizon Realty

    (520) 836-1001

    22 in this area

    26 Total Sales

    Jackie Guthrie
    Section Image

  • L

    Buyer's Agent in 2012

    Louise Ozment

    Palo Verde Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4745407

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-07-296

Arizona Pinal County Casa Grande 85122

117 E 2nd St, Casa Grande, AZ

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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