NOT LISTED FOR SALE

525 E Main St Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $133,000 - $682,089

-- Bed
-- Bath
1,475 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $850,000 $576 Per Sq Ft

Current estimated payment $2,600/month

68 Days on Market

Highlights

  • 0.92 Acre Lot
  • Heating Available
  • 4-minute walk to Dessie Lorenze Plaza
  • Cooling Available

About This Home

As of July 2024

This exceptional business opportunity awaits in Avondale! This PRIME 1.43-acre commercial lot (zoned c-2) , and 2 (R-3) Parcels (500-53-134-B (0.26 acre) and 500-53-134-A (0.26 acre) with North/South facing, offers boundless potential for growth and innovation. This property includes two rental studios ideal for retail, office spaces, or a mixed-use development venture. Seize this chance to own this one-of-a-kind value!

Last Agent to Sell the Property

Jeff Dorsten

JK Realty License #SA563341000 Listed on: 07/01/2024

Last Buyer's Agent

Yadira Solorio Crane

Crane Real Estate License #BR651251000

Property Details

Property Type

  • Other

Year Built

  • Built in 1945

Lot Details

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

Home Design

  • 1,475 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Buildings
  • Building Dimensions are 70.76-325.84-240.99-237.28

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 500-43-178

Property Details

Property Type

Other

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: S Litchfield Rd and W Western Ave
  • Legal Info Range: 1W
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2023
  • Lot Size Acres: 0.92
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Structure Type: Commercial, Office
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1475.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features Free: Yes

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: 70.76-325.84-240.99-237.28
  • Lot Size Sq Ft: 39929.0
  • Parcel #: 500-43-178

Tax Info

  • Tax Book Number: 500.00
  • Tax Lot: 1
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 31, 2024
Sold by
Avondale Christian Assembly Of God and New Life Covenant Church
Bought by
M & L Avondale Holdings Llc
Seller's Agent
Jeff Dorsten
JK Realty
Buyer's Agent
Yadira Solorio Crane
Crane Real Estate
List Price
$949,900
Sold Price
$850,000
Premium/Discount to List
-$99,900
-10.52%
Current Estimated Value
$417,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$432,304
Avg. Annual Appreciation
-38.33%
Original Mortgage
$425,000
Outstanding Balance
$419,419
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$1,723

Purchase Details

Closed on
Sep 14, 2006
Sold by
Garcia Sam and Garcia Bea O
Bought by
Avondale Christian Assembly Of God
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
M & L Avondale Holdings Llc $850,000 Driggs Title Agency
Avondale Christian Assembly Of God $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & L Avondale Holdings Llc $425,000
Closed M & L Avondale Holdings Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $850,000 -10.4% $576 / Sq Ft
07/01/2024 07/01/24 Price Changed $949,000 0.0% $643 / Sq Ft
04/23/2024 04/23/24 Price Changed $949,000 +46.0% $643 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $650,000 -31.5% $441 / Sq Ft
03/13/2024 03/13/24 Price Changed $949,000 -0.1% $643 / Sq Ft
02/13/2024 02/13/24 For Sale $949,900 -- $644 / 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 -- $7,203 -- --
2024 -- $6,860 -- --
2023 $0 $50,490 $42,915 $7,575
2022 $0 $38,670 $31,890 $6,780
2021 $0 $38,535 $31,890 $6,645
2020 $0 $38,760 $32,145 $6,615
2019 $0 $36,780 $30,480 $6,300
2018 $0 $28,050 $21,600 $6,450
2017 $0 $25,635 $20,970 $4,665
2016 $0 $5,985 $1,560 $4,425
2015 -- $8,336 $1,664 $6,672
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dorsten

    Seller's Agent in 2024

    Jeff Dorsten

    JK Realty

    (602) 821-2430

    1 in this area

    39 Total Sales

    Jeff Dorsten
    Section Image
  • Yadira Solorio Crane

    Buyer's Agent in 2024

    Yadira Solorio Crane

    Crane Real Estate

    (480) 519-3085

    1 in this area

    47 Total Sales

    Yadira Solorio Crane
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6663140

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-43-178

Arizona Maricopa County Avondale 85323 Old Town

525 E Main St, Avondale, AZ

Not Listed for Sale

Other

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

Nearby Homes