NOT LISTED FOR SALE

129 E Main St Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $660,799

Studio
-- Bath
2,451 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $430,000 $175 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,793/month

194 Days on Market

Highlights

  • 0.51 Acre Lot
  • Vinyl Flooring
  • 1-minute walk to Dessie Lorenze Plaza
  • Central Air
  • Heating Available

About This Home

As of March 2020

PERFECT for YOUR Business! A great property ready for new owners. This quaint Convenience Store has many different possibilities (bar, restaurant, salon, Carnceria, Market etc). Spacious and open with ample paved marked parking and lots of street traffic. Pictured Refrigerators were from vendors & have been removed. Existing Shelving, Security Cameras as safety roll down shutters on premises convey. Has a Loading area in Rear. Has a private Restroom and Rear Office Area. Sits on a 1/4 AC Lot. Huge Rear Yard on Each Side, Potential for Drive-Thru. Great location on highway 85 in Avondale near Airport, Ballparks, Schools & major business district. Don't miss the opportunity to own your own land and business in the heart of growing Avondale! Please show and Sell. Thank you!

Last Agent to Sell the Property

Elizabeth Andari

Realty ONE Group License #SA641067000 Listed on: 09/05/2019

Last Buyer's Agent

Mike Darmo

American Realty Brokers License #SA576846000

American Realty Brokers

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1959

Lot Details

  • 0.51 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,451 Sq Ft Home
  • Vinyl Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 500-50-077

Community Details

Overview

  • Cook Subdivision Lot 1 6 Tr A

Building Details

  • Operating Expense $16,256
  • Gross Income $32,400
  • Net Operating Income $32,400

Property Details

Property Type

Other

Est. Annual Taxes

$4,356

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Highway 85/Litchfield Rd
  • Legal Info Range: 1W
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2019
  • Lot Size Acres: 0.51
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: COOK SUBDIVISION LOT 1-6 TR A
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 2451.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Brick
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size Sq Ft: 22080.0
  • Parcel #: 500-50-077

Multi Family

  • Electric Expense: 6000.0
  • Annual Gross Income: 32400.0
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 32400.0
  • Annual Operating Expense: 16256.0

Tax Info

  • Tax Annual Amount: 4356.0
  • Tax Book Number: 500.00
  • Tax Lot: 4
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Mar 23, 2020
Sold by
Safi Bilal M and Safi Bilal Mohammed
Bought by
Nasria Saed and Suleiman Shireen Mahmoud
Seller's Agent
Elizabeth Andari
Realty ONE Group
Buyer's Agent
Mike Darmo
American Realty Brokers
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$660,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,799
Avg. Annual Appreciation
7.63%
Original Mortgage
$280,000
Outstanding Balance
$247,507
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Estimated Equity
$413,292

Purchase Details

Closed on
Dec 26, 2006
Sold by
Safi Khalida
Bought by
Safi Mohammed Nader and Safi Zahir Mohammed

Purchase Details

Closed on
Jun 19, 2006
Sold by
Safi Mohammed Nader and Safi Zahir Mohammed
Bought by
Safi Khalida

Purchase Details

Closed on
Sep 23, 2005
Sold by
Elza H Cook Properties Llc
Bought by
Safi Mohammed Nader and Safi Zahir Mohammed

Purchase Details

Closed on
Oct 1, 2004
Sold by
Anselmo Joseph F
Bought by
Elza H Cook Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nasria Saed $430,000 Chicago Title Agency Inc
Safi Bilal M -- Commercial Title
Safi Mohammed Nader -- None Available
Safi Khalida -- None Available
Safi Khalida -- None Available
Safi Khalida -- None Available
Safi Mohammed Nader $300,000 First American Title Insuran
Elza H Cook Properties Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasria Saed $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $430,000 -6.3% $175 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $459,000 -0.2% $187 / Sq Ft
02/12/2020 02/12/20 Price Changed $459,900 -3.2% $188 / Sq Ft
10/11/2019 10/11/19 Price Changed $474,900 0.0% $194 / Sq Ft
08/30/2019 08/30/19 For Sale $475,000 -- $194 / 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 $4,295 $38,175 -- --
2024 $4,203 $37,493 -- --
2023 $4,203 $56,338 $29,342 $26,996
2022 $4,168 $47,425 $22,680 $24,745
2021 $4,523 $48,168 $23,328 $24,840
2020 $4,383 $44,586 $20,016 $24,570
2019 $4,356 $42,660 $19,386 $23,274
2018 $4,374 $35,352 $12,888 $22,464
2017 $4,267 $36,162 $12,528 $23,634
2016 $4,350 $36,000 $14,832 $21,168
2015 $4,158 $29,767 $13,413 $16,354
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Andari

    Seller's Agent in 2020

    Elizabeth Andari

    Realty One Group

    (602) 814-7908

    1 in this area

    23 Total Sales

    Elizabeth Andari
    Section Image
  • Mike Darmo

    Buyer's Agent in 2020

    Mike Darmo

    American Realty Brokers

    (623) 236-0836

    151 Total Sales

    Mike Darmo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5973947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-50-077

Arizona Maricopa County Avondale 85323 Old Town

129 E Main St, Avondale, AZ

Not Listed for Sale

Other

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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