NOT LISTED FOR SALE

301 N Picacho St Casa Grande, AZ 85122

Estimated Value: $161,384

-- Bed
-- Bath
1,885 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $67,000 $36 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,005/month

70 Days on Market

About This Home

As of September 2014

Own a piece of Casa Grande history! This registered historical landmark was originally Johnson's Grocery Store then converted to Sophia's and later Lupita's Restaurant. It is ideal for re-use as a restaurant or converted to commercial office space. This is an all-cash offering for the creative investor who appreciates the historical nature of the building. Ample parking. Original adobe construction on the main building.

Last Agent to Sell the Property

Sandra Martin

Long Realty Partners License #SA083541000 Listed on: 05/27/2014

Last Buyer's Agent

Mary Lou Carbajal-Chavez

Elite Real Estate Pros License #SA582354000

Property Details

Property Type

  • Other

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Property is zoned B3

Home Design

  • 1,885 Sq Ft Home
  • Block Exterior

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking

Listing and Financial Details

  • Tax Lot 1-5
  • Assessor Parcel Number 507-07-198-A

Community Details

Overview

  • 2 Buildings
  • Casa Grande Townsite Subdivision

Building Details

  • Operating Expense $2,290

Property Details

Property Type

Other

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Picacho and 3rd St
  • Legal Info Range: 06E
  • Property Type: Comm/Industry Sale
  • Zoning: B3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2013
  • Lot Size Acres: 0.34
  • Road Surface Type: Dedicated Street
  • Subdivision Name: Casa Grande Townsite
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: A
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1885.0

Exterior Features

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

Garage/Parking

  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: See Remarks, Other
  • Heating: Other, See Remarks
  • Water Source: Private Franchise
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 14810.0
  • Parcel #: 507-07-198-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2290.42

Tax Info

  • Tax Annual Amount: 2290.42
  • Tax Book Number: 507.00
  • Tax Lot: 1-5
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Serrano Greg
Bought by
The Landmark Event Center Llc
Current Estimated Value
$161,384

Purchase Details

Listed on
May 27, 2014
Closed on
Sep 10, 2014
Sold by
Revak Joseph Leo
Bought by
Serrano Greg
Seller's Agent
Sandra Martin
Long Realty Partners
Buyer's Agent
Mary Lou Carbajal-Chavez
Elite Real Estate Pros
List Price
$94,900
Sold Price
$67,000
Premium/Discount to List
-$27,900
-29.4%
Source: Public Records

Range of Values:

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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
The Landmark Event Center Llc -- None Available
Serrano Greg $67,000 Title Security Agency Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $67,000 -29.4% $36 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $94,900 -- $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 $6,683 -- -- --
2024 $7,141 -- -- --
2023 $7,023 $57,114 $13,329 $43,785
2022 $7,141 $54,558 $13,329 $41,229
2021 $7,979 $56,887 $0 $0
2020 $7,717 $56,645 $0 $0
2019 $7,349 $55,598 $0 $0
2018 $7,284 $50,098 $0 $0
2017 $7,466 $58,260 $0 $0
2016 $7,195 $9,849 $9,849 $9,849
2014 $2,220 $9,833 $5,184 $4,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5121525

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-07-198A