NOT LISTED FOR SALE

314 E 8th St Casa Grande, AZ 85122

Estimated Value: $192,000

Studio
-- Bath
912 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $298,000 $327 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $1,087/month

229 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Community Kitchen
  • Partially Fenced Property
  • 4-minute walk to Peart Park

About This Home

As of November 2023

Built as a home in 1935 the property has been used as a business, including a beauty shop and civil engineering office, for many years. Zoned as B-1 Business, there is a long list of permissible uses (see documents tab). City staff has indicated potential to rezone for residential use. Adobe construction. New duct work, shingles replaced in 2018 (west) and 2022 (east), gas pack provides gas heating and electric A/C, crawl space under bldg. Four offices, kitchen, storage and print room. Property will be sold as is. Storage shipping container does not convey and will be removed prior to COE. Shown by appointment only. Adjacent .55ac vacant lot available for new/redevelopment MLS#6503428

Last Agent to Sell the Property

Jackie Guthrie

AZ New Horizon Realty License #SA634818000 Listed on: 01/04/2023

Last Buyer's Agent

Jackie Guthrie

AZ New Horizon Realty License #SA634818000 Listed on: 01/04/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1935

Lot Details

  • 8,122 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Wood Fence
  • Property is zoned B-1

Home Design

  • 912 Sq Ft Home
  • Composition Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Flooring

  • Wood
  • Carpet

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 506-07-341-B

Community Details

Overview

  • Building Dimensions are 50 x 162
  • Blk 6 7 Of Katherine J Drew's 2Nd Addition Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $1,125

Property Details

Property Type

Other

Est. Annual Taxes

$1,125

Year Built

Built in 1935

Lot Details

8,122 Sq Ft Lot

Listing Details

  • Cross Street: Florence Blvd & N Oliver Ave
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: B-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2022
  • Lot Size Acres: 0.19
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: BLK 6-7 OF KATHERINE J DREW'S 2ND ADDITION
  • Structure Type: Other (See Remarks), Office
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 912.0

Exterior Features

  • Fencing: Partial, Wood
  • Disclosures: None
  • Construction Type: Other, Low VOC Insulation
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Low VOC Insulation: Yes

Garage/Parking

  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size: 50 x 162
  • Lot Size Sq Ft: 8122.0
  • Parcel #: 506-07-341-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1125.0

Tax Info

  • Tax Annual Amount: 1125.0
  • Tax Book Number: 506.00
  • Tax Lot: 10
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Nov 22, 2023
Sold by
Dj Nykorchuk Revocable Trust
Bought by
City Of Casa Grande
Seller's Agent
Jackie Guthrie
AZ New Horizon Realty
Buyer's Agent
Jackie Guthrie
AZ New Horizon Realty
List Price
$350,000
Sold Price
$298,000
Premium/Discount to List
-$52,000
-14.86%
Views
172
Current Estimated Value
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,000
Avg. Annual Appreciation
-17.26%

Purchase Details

Closed on
Mar 9, 2023
Sold by
Dna Investment Group Ii
Bought by
Dj Nykorchuk Revocable Trust

Purchase Details

Closed on
Mar 8, 2023
Sold by
Dna Investment Group Ii
Bought by
Dj Nykorchuk Revocable Trust and Nykorchuk

Purchase Details

Closed on
Jan 19, 2006
Sold by
Papago Butte Irrigation Water Delivery D
Bought by
Papago Butte Domestic Water Improvement

Purchase Details

Closed on
May 18, 1995
Sold by
Mcdonald Dariel J and Mcdonald Mary J
Bought by
Dna Investment Group Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
8.43%
Mortgage Type
Commercial
Source: Public Records
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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
City Of Casa Grande -- Title Security Agency
Dj Nykorchuk Revocable Trust -- --
Dj Nykorchuk Revocable Trust -- None Listed On Document
Papago Butte Domestic Water Improvement -- None Available
Dna Investment Group Ii $48,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dna Investment Group Ii $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $298,000 0.0% $327 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $298,000 -14.9% $327 / Sq Ft
01/04/2023 01/04/23 For Sale $350,000 -- $384 / 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 $1,056 -- -- --
2024 $1,125 -- -- --
2023 $1,109 $12,388 $2,979 $9,409
2022 $1,125 $10,101 $2,483 $7,618
2021 $1,212 $0 $0 $0
2020 $1,149 $0 $0 $0
2019 $1,095 $0 $0 $0
2018 $1,085 $0 $0 $0
2017 $1,058 $7,389 $0 $0
2016 $1,019 $3,145 $3,145 $3,145
2014 $944 $3,231 $1,656 $1,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6503427

Arizona Regional Multiple Listing Service (ARMLS)

APN: 506-07-341B

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