NOT LISTED FOR SALE

234 E Date Ave Casa Grande, AZ 85122

Estimated Value: $220,000 - $280,000

Studio
-- Bath
-- Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: June 23, 2023

Last sale price $140,000

Est. 81% increase in value since last sale

Current estimated payment $1,413 / mo

About This Home

As of June 2023

Currently 2 residences on this parcel, both rented out with long term tenants. Unit A is a 2/1 and Unit B is a 1/1. This is 2 lots combined into one making it almost 1/3 acre. R-2 zoning allows for single family and multifamily (duplex/triplex/4-plex). Per the new Casa Grande general plan, there are planned zoning changes allowing for manufactured/mobile homes to be installed via a conditional use permit. Easy Access to I-10, I-8, Walmart Distro Center, Lucid, Kohler, and more! Low taxes. Solid CAP rate and cash flow with current tenant but also opportunity to increase rents. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Christopher Adams

Realty Executives Brokerage Phone: 480-399-2007 License #SA672809000 Listed on: 06/17/2023

Last Buyer's Agent

Pedro Hernandez Murillo

eXp Realty License #SA694901000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1937

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 22 / 5
  • Assessor Parcel Number 507-09-095

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 100x140
  • Burgess Addition Subdivision

Building Details

  • Operating Expense $588
  • Gross Income $15,600
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$588

Year Built

Built in 1937

Lot Details

0.32 Acres

Listing Details

  • Cross Street: Florence Street & Date Ave
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1937
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: BURGESS ADDITION
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame
  • Roof: Other

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: 100x140
  • Additional Parcels: No
  • Parcel #: 507-09-095

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 588.0

Tax Info

  • Tax Annual Amount: 588.0
  • Tax Block: 5
  • Tax Book Number: 507.00
  • Tax Lot: 22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Aug 15, 2023
Sold by
Bought by
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$253,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,388
Avg. Annual Appreciation
21.55%
Original Mortgage
$163,100
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jun 28, 2023
Sold by
Bought by
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jun 27, 2023
Sold by
Bought by
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
0.0671%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Empire Title
$150,000 American Title Services
$130,000 Magnus Title Agency
$140,000 Investors Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $163,100
Closed $150,000
Closed $107,000
Closed $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $140,000 -9.7% --
06/17/2023 06/17/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $155,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $625 $7,321 -- --
2024 $597 $7,971 -- --
2023 $597 $6,309 $1,400 $4,909
2022 $588 $4,483 $1,400 $3,083
2021 $616 $4,273 $0 $0
2020 $585 $3,963 $0 $0
2019 $558 $3,781 $0 $0
2018 $565 $3,684 $0 $0
2017 $584 $3,718 $0 $0
2016 $563 $3,678 $1,400 $2,278
2014 $494 $3,213 $1,400 $1,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6570300

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-09-095

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