NOT LISTED FOR SALE

343 E Monroe Ave Buckeye, AZ 85326

-- Bed
-- Bath
12,350 Sq Ft
0.65 Acres

Last Sold September 09, 2019

Last sale price $750,000 $61 Per Sq Ft

161 Days on Market

About This Home

As of September 2019

A BEAUTIFUL LANDMARK RED BRICK BUILDING IN THE HEART OF HISTORIC DOWNTOWN CITY OF BUCKEYE. SITS MAJESTICALLY ON 7 PRIME COMMERCIAL PARCELS IN THE CENTER OFF GROWTH, BUILDING TAKES A WHOLE CITY BLOCK AND HAS FRONTAGE ON MONROE AVE, AKA MC HIGHWAY 85, BUILDING IS ACROSS THE STREET FROM CITY HALL AND CHASE BANK. GREAT POTENTIAL FOR OWNER OCCUPANT OR INVESTOR. BUILDING IS A LANDMARK IN THE CITY OF BUCKEYE, AND USED OFTEN IN CITY PUBLICATIONS, CALENDARS, BROCHURES AND ART! UNLIMITED POTENTIAL IN THIS PIECE OF HISTORY! 7 PARCELS INCLUDED IN THE SALE TOTALING 28434 SF.

Last Agent to Sell the Property

Hend Faraj

Home Hunters Realty License #BR514100000 Listed on: 03/20/2019

Last Buyer's Agent

Hend Faraj

Home Hunters Realty License #BR514100000 Listed on: 03/20/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,774

Year Built

  • Built in 1915

Lot Details

  • 0.65 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned Commercial

Home Design

  • Brick Exterior Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 12,350 Sq Ft Home
  • Concrete Flooring

Parking

  • 60 Open Parking Spaces
  • 60 Parking Spaces

Community Details

  • Buckeye Blk 22 27, 34 36 Subdivision
  • Operating Expense $11,774

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 400-27-001

Property Details

Property Type

Other

Est. Annual Taxes

$9,774

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Miller Rd And Monroe Ave, (MC highway 85)
  • Legal Info Range: 3W
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Year Built: 1915
  • Tax Year: 2018
  • Directions: Miller Rd And Monroe Ave, (MC highway 85) Dir I10 to Miller Rd, exit 114, south to Monroe Ave, East to property. South West corner of Monroe and 4th St.
  • Lot Size Acres: 0.65
  • Road Surface Type: Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: BUCKEYE BLK 22-27, 34-36
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Stucco, Brick
  • Roof: Foam
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 60.0
  • Total Parking Spaces: 60.0
  • General Property Description:Uncvrd Parking Spcs: 60.0
  • General Property Description:Total Parking Spcs: 60.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 28434.0
  • Additional Parcels: Yes
  • Parcel #: 400-27-001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2000.0
  • Annual Operating Expense: 11774.0

Tax Info

  • Tax Annual Amount: 9774.0
  • Tax Book Number: 400.00
  • Tax Lot: 1
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Sep 4, 2019
Sold by
London Astra Enterprise Corporation
Bought by
Alatrash Investments Llc
Seller's Agent
Hend Faraj
Home Hunters Realty
Buyer's Agent
Hend Faraj
Home Hunters Realty
List Price
$895,000
Sold Price
$750,000
Premium/Discount to List
-$145,000
-16.2%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Cehajic Amal and London Astra Enterprise Corp
Bought by
London Astra Enterprise Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2017
Sold by
London Astra Enterprise Corp
Bought by
Cehajic Amal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2017
Sold by
Jra Investments Llc
Bought by
London Astra Enterprise Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2016
Sold by
London Astra Enterprise Corporation
Bought by
Jra Investments Llc

Purchase Details

Closed on
Mar 6, 2002
Sold by
Echeverria Rachel and Lanford Melanie A
Bought by
Faraj Jean
Source: Public Records

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
Alatrash Investments Llc $750,000 Chicago Title Agency Inc
London Astra Enterprise Corp $450,000 Chicago Title Agency Inc
Cehajic Amal $400,000 Lawyers Title Of Arizona Inc
London Astra Enterprise Corp $325,000 Lawyers Title Of Arizona Inc
Jra Investments Llc $200,000 Lawyers Title Of Arizona Inc
Faraj Jean $60,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner London Astra Enterprise Corp $450,000
Previous Owner Cehajic Amal $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2019 09/09/19 Sold $750,000 -16.2% $61 / Sq Ft
03/19/2019 03/19/19 For Sale $895,000 -- $72 / 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
2021 $7,773 $71,436 $3,048 $68,388
2020 -- $71,436 $3,048 $68,388
2019 -- $104,509 $5,185 $99,324
2018 -- $105,189 $5,307 $99,882
2017 -- $110,630 $5,168 $105,462
2016 -- $101,327 $5,081 $96,246
2015 -- $41,720 $3,924 $37,796
Source: Public Records

Agents Affiliated with this Home

  • Hend Faraj

    Seller's Agent in 2019

    Hend Faraj

    Home Hunters Realty

    (602) 326-3333

    1 in this area

    33 Total Sales

    Hend Faraj
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5898485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-27-001

Arizona Maricopa County Buckeye 85326

343 E Monroe Ave, Buckeye, AZ

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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