NOT LISTED FOR SALE

338 N 1st St Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $198,448 - $403,000

-- Bed
4 Baths
500 Sq Ft
$670/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $274,900 $550 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,864/month

34 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • 3-minute walk to Fred Campbell Park
  • Agua Fria High School Rated A-
  • No Heating

About This Home

As of April 2021

This property is currently under architectural drawing phase and completely vacant. Four total units with the existing floor plan of four 1 bed 1 bath units. The property is currently stripped down to the framing studs with a new roof and new trusses. Ready for new owner to put their touch on the property in a high demand location. Potential rents over $850/unit

Last Agent to Sell the Property

Kevin Simshauser

HomeSmart License #SA678575000 Listed on: 03/17/2021

Last Buyer's Agent

Carol Vandercook

West USA Realty License #BR006181000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1940

Lot Details

  • 6,098

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco
  • Adobe

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 500-18-033

Community Details

Overview

  • 4 Units
  • Building Dimensions are 101 x 60

Additional Features

  • Community Barbecue Grill
  • Operating Expense $468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$468

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Central Ave and Madden Dr
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2020
  • Directions: East of Central Ave on 1st St due North of E Madden Dr
  • Road Surface Type: Gravel
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Adobe
  • Roof: Composition
  • Construction:Adobe: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • Junior High Dist: Agua Fria Union High School District

Lot Info

  • Lot Size: 101 x 60
  • Additional Parcels: No
  • Parcel #: 500-18-033

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 468.0

Tax Info

  • Tax Annual Amount: 468.0
  • Tax Book Number: 500.00
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Fondor Trust
Bought by
42Nd Street Creta Llc
Current Estimated Value
$334,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$247,331
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$84,920

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 15, 2021
Sold by
Fox Freeman and Sandor Szilvia
Bought by
Fox Freeman S and Sandor Szilvia J
Seller's Agent
Kevin Simshauser
HomeSmart
Buyer's Agent
Carol Vandercook
West USA Realty
List Price
$274,900
Sold Price
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 13, 2021
Sold by
421 Central Llc
Bought by
Fox Freeman and Sandor Szilvia
Seller's Agent
Kevin Simshauser
HomeSmart
Buyer's Agent
Carol Vandercook
West USA Realty
List Price
$274,900
Sold Price
$274,900

Purchase Details

Closed on
Sep 17, 2020
Sold by
Thomas Lee Llc
Bought by
421 Central Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,900
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2020
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Thomas Lee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,900
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2005
Sold by
Hineman Peter M and Hineman Sally M
Bought by
Pmc Central 1 Llc

Purchase Details

Closed on
Sep 20, 2005
Sold by
Hineman Peter Mark
Bought by
Hineman Peter M and Hineman Sally M
Source: Public Records

Range of Values:

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Average Value
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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
42Nd Street Creta Llc $200,000 Fidelity National Title Agency
Fox Freeman S -- Accommodation
Fox Freeman $274,900 Pioneer Title Agency Inc
421 Central Llc $381,000 Pioneer Title Agency Inc
Thomas Lee Llc $400,000 Pioneer Title Agency Inc
Mike Johnson Az Property Investments Llc $320,000 Pioneer Title Agency Inc
Pmc Central 1 Llc -- --
Hineman Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 42Nd Street Creta Llc $250,000
Closed 42Nd Street Creta Llc $150,000
Previous Owner 421 Central Llc $342,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Off Market $274,900 -- --
04/20/2021 04/20/21 Sold $274,900 0.0% $550 / Sq Ft
04/20/2021 04/20/21 For Sale $274,900 0.0% $550 / Sq Ft
03/17/2021 03/17/21 For Sale $274,900 -- $550 / 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 $480 $4,588 -- --
2024 $475 $4,369 -- --
2023 $475 $25,910 $5,180 $20,730
2022 $458 $15,250 $3,050 $12,200
2021 $483 $12,210 $2,440 $9,770
2020 $468 $9,120 $1,820 $7,300
2019 $465 $8,800 $1,760 $7,040
2018 $467 $6,970 $1,390 $5,580
2017 $456 $5,700 $1,140 $4,560
2016 $465 $5,350 $1,070 $4,280
2015 $432 $5,060 $1,010 $4,050
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kevin Simshauser

    HomeSmart

  • Carol Vandercook

    Buyer's Agent in 2021

    Carol Vandercook

    West USA Realty

    (602) 622-9700

    1 in this area

    11 Total Sales

    Carol Vandercook
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6208528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-18-033

Arizona Maricopa County Avondale 85323 Old Town

338 N 1st St, Avondale, AZ

This home is located at 338 N 1st St, Avondale, AZ 85323 since 17 March 2021 and is currently estimated at $334,862, approximately $669 per square foot. This property was built in 1940. 338 N 1st St is a home located in Maricopa County with nearby schools including Lattie Coor, Eliseo C. Felix School, and Avondale Middle School.

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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