NOT LISTED FOR SALE

Estimated Value: $606,579

-- Bed
-- Bath
1,675 Sq Ft
$362/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $625,000 $373 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,874/month

9 Days on Market

Highlights

  • 1.08 Acre Lot
  • Central Air
  • Heating Available
  • Agua Fria High School Rated A-
  • Concrete Flooring
  • 4-minute walk to Doc Rhodes Memorial Park

About This Home

As of October 2022

Rare Opportunity! This C-2 zoned property in historic Avondale sits on just over an acre with a unique building, paved parking and large open lot. Features Western Avenue frontage extending from Third Avenue to Fourth Avenue with lot prime for development. The property has had several uses over the years including office space, credit union and more recently a church. The current configuration includes a large front room with two back-office areas, two restrooms and kitchen area with sink. This space could be split into multiple offices, converted to restaurant, leveraged for retail – the possibilities are endless. Schedule your showing today!

Last Listed By

Christopher Haller

HomeSmart License #BR685164000 Listed on: 06/22/2022

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 1972

Lot Details

  • 1.08 Acre Lot
  • Chain Link Fence
  • Property is zoned C2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,675 Sq Ft Home
  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 500-45-930

Community Details

Overview

  • Building Dimensions are 343' x 137'
  • Avondale Re Platted Subdivision

Building Details

  • Operating Expense $6,735

Property Details

Property Type

Other

Est. Annual Taxes

$6,735

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Central Avenue and Western Avenue
  • Legal Info Range: 1W
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Mixed Use, Religious Facility, Office
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2021
  • Directions: Head west on Western Avenue to property at 305 W Western Avenue. Property on South side of the street.
  • Lot Size Acres: 1.08
  • Road Surface Type: Asphalt
  • Subdivision Name: AVONDALE RE-PLATTED
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 343' x 137'
  • Lot Size Sq Ft: 46965.0
  • Additional Parcels: No
  • Parcel #: 500-45-930
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6735.0

Tax Info

  • Tax Annual Amount: 6735.0
  • Tax Book Number: 500.00
  • Tax Lot: 1
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Oct 12, 2022
Sold by
Alpine Springs Llc
Bought by
Figueroas Investment Llc
Seller's Agent
Christopher Haller
HomeSmart
Buyer's Agent
Marco Zazueta
West USA Realty
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Total Days on Market
9
Current Estimated Value
$606,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,421
Avg. Annual Appreciation
-1.09%
Original Mortgage
$571,800
Outstanding Balance
$465,686
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$141,805

Purchase Details

Closed on
Feb 22, 2017
Sold by
Flip University Llc
Bought by
Alpine Springs Llc

Purchase Details

Closed on
Oct 7, 2004
Sold by
Alhambra Cu
Bought by
Ivey Floy M and Csk Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2003
Sold by
Arizona Public Service Co
Bought by
Alhambra Cu

Range of Values:

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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
Figueroas Investment Llc $625,000 Stewart Title & Trust Of Phoen
Alpine Springs Llc -- None Available
Ivey Floy M $400,000 First American Title Ins Co
Alhambra Cu $250,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroas Investment Llc $571,800
Previous Owner Alpine Springs Llc $100,000
Previous Owner Flip University Llc $100,000
Previous Owner Flip University Llc $116,000
Previous Owner Flip University Llc $112,800
Previous Owner Ivey Floy M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $625,000 -3.7% $373 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $649,000 +188.4% $387 / Sq Ft
02/01/2016 02/01/16 Sold $225,000 -33.8% $134 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
06/06/2013 06/06/13 For Sale $339,900 -- $203 / 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 $6,129 $56,838 -- --
2024 $6,258 $55,823 -- --
2023 $6,258 $75,599 $55,879 $19,720
2022 $6,206 $69,300 $47,460 $21,840
2021 $6,735 $69,120 $48,816 $20,304
2020 $6,526 $62,856 $43,686 $19,170
2019 $6,486 $58,824 $42,066 $16,758
2018 $6,512 $45,864 $29,610 $16,254
2017 $353 $44,658 $28,746 $15,912
2016 $6,477 $47,610 $32,544 $15,066
2015 $6,191 $42,310 $27,103 $15,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6421397

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-45-930