NOT LISTED FOR SALE

400 W 2nd St Casa Grande, AZ 85122

Estimated Value: $295,448

-- Bed
-- Bath
3,543 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $160,000 $45 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,794/month

358 Days on Market

Highlights

  • Wood Flooring
  • Display Windows
  • Heating Available
  • Meeting Room
  • Central Air

About This Home

As of April 2017

Renovated store front/commercial office building in Old Town Casa Grande, AZ 85122. The 2908 SF building has multiple use opportunities with corner frontage to busy 2nd Street off Maricopa Street.
First floor features 40' x 22.8' wide open area with 2 private and one semi-private offices and bathroom. Second floor features 3 office suites with one or more private offices and two bathrooms. All new plumbing and tankless water heater installed. Updated flooring on first floor and in upstairs bathrooms.

Ideal for owner-occupant.

Last Agent to Sell the Property

Dana B. (Chiordi) Avellar

DPR Realty LLC License #BR546204000 Listed on: 04/04/2016

DPR Realty LLC

Last Buyer's Agent

Jackie Guthrie

AZ New Horizon Realty License #SA634818000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1936

Lot Details

  • 2,901 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned B-3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,543 Sq Ft Home
  • Display Windows

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 507-07-008

Community Details

Overview

  • Building Dimensions are 116.30 x 25.02
  • Casa Grande Townsite 1 Subdivision

Amenities

  • Meeting Room
  • Showroom
  • Reception Area

Building Details

  • Operating Expense $9,849

Property Details

Property Type

Other

Est. Annual Taxes

$2,830

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: W. 2nd Street and Florence
  • Legal Info Range: 06E
  • Property Type: Comm/Industry Sale
  • Zoning: B-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2015
  • Lot Size Acres: 0.07
  • Road Surface Type: Asphalt
  • Professional Management Expense: 500.0
  • Subdivision Name: CASA GRANDE TOWNSITE 1
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 3543.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Showroom, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Fee Information

  • Trash Expense: 516.48

Lot Info

  • Lot Size: 116.30 x 25.02
  • Lot Size Sq Ft: 2901.0
  • Parcel #: 507-07-008
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2046.12
  • Insurance Expense: 700.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 9848.6
  • Vacancy Allowance Rate: 0.05
  • Leasable Area: 2908.0

Tax Info

  • Tax Annual Amount: 2830.0
  • Tax Book Number: 507.00
  • Tax Lot: 12
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 14, 2017
Sold by
Cari Az Llc
Bought by
Vino Ventures Llc
Seller's Agent
Dana B. (Chiordi) Avellar
DPR Realty LLC
Buyer's Agent
Jackie Guthrie
AZ New Horizon Realty
List Price
$222,000
Sold Price
$160,000
Premium/Discount to List
-$62,000
-27.93%
Current Estimated Value
$295,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,448
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jan 23, 2009
Sold by
Diduro Joseph and Beggio Nicoletta
Bought by
Cari Az Llc

Purchase Details

Closed on
Aug 5, 2008
Sold by
Krugel Irwin A and Krugel Maria Dolores
Bought by
Diduro Joseph and Beggio Nicoletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2007
Sold by
Mountain Southwest Advisors Llc
Bought by
Krugel Irwin A and Krugel Maria Dolores

Purchase Details

Closed on
Jun 9, 2005
Sold by
Johnson Jack
Bought by
Mountain Southwest Advisors Llc
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
Vino Ventures Llc $160,000 Security Title Agency
Cari Az Llc -- Title Security Agency Of Pin
Diduro Joseph $227,000 Title Security Agency Of Pin
Krugel Irwin A $160,000 Title Security Agency Pinal
Mountain Southwest Advisors Llc $126,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diduro Joseph $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $160,000 -27.9% $45 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $222,000 -- $63 / 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 $2,977 -- -- --
2024 $3,171 -- -- --
2023 $3,128 $27,328 $2,610 $24,718
2022 $3,171 $25,661 $2,610 $23,051
2021 $3,416 $26,165 $0 $0
2020 $3,240 $25,509 $0 $0
2019 $3,086 $24,465 $0 $0
2018 $3,059 $22,874 $0 $0
2017 $2,982 $23,197 $0 $0
2016 $2,874 $1,929 $1,929 $1,929
2014 $2,662 $9,110 $1,015 $8,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5422646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-07-008