NOT LISTED FOR SALE

8281 W Washington St Peoria, AZ 85345

-- Bed
-- Bath
6,001 Sq Ft
6,053 Sq Ft Lot

Last Sold November 15, 2022

Last sale price $525,000 $87 Per Sq Ft

264 Days on Market

Highlights

  • Community Kitchen
  • Concrete Flooring
  • 1-minute walk to Johnny Osuna Memorial Park
  • Display Windows

About This Home

As of November 2022

Great renovation opportunity in the heart of historic Old Town Peoria. With a new focus on culture and Arts, you can open up your own business or rent it out and collect the monthly cash flow. The City Peoria is launching a revitalization plan and this commercial location is ideal. This retail site comes with C-CM zoning and has great exposure from Grand Avenue. Thousands of daily drive bye's will give your business the visibility it needs to be a success. Some of the permitted uses are: Eating and Drinking Establishments, Entertainment and Recreation, General Retail, local market, Art Gallery, Institutional businesses, Health and Exercise center, Wedding and Reception Center, Candy and Ice Cream Store and many more. This classic brick built building with true historical value.

Last Agent to Sell the Property

Tucker Geer

Berkshire Hathaway HomeServices Arizona Properties License #SA011683000 Listed on: 12/20/2021

Last Buyer's Agent

James Park

Six Zero Two Real Estate Group LLC License #BR656994000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1925

Lot Details

  • 6,053 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned CCM

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • 6,001 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 142-14-024

Community Details

Amenities

  • Community Kitchen
  • Showroom

Additional Features

  • Peoria Blks 15 16, 24 28, & 33, 34 Subdivision
  • Operating Expense $2,993

Property Details

Property Type

Other

Est. Annual Taxes

$2,993

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 83rd Ave and Washington
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: CCM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1925
  • Tax Year: 2021
  • Directions: Exit Grand Ave and go South one block to Washington St, head east 100 ft and property is on your right
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: PEORIA BLKS 15-16, 24-28, & 33, 34
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6001.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Other
  • Heating: None
  • Green Building Features: Showroom, Kitchen, Display Window(s)
  • Water Source: Other, City Franchise
  • Heating:None29: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showroom: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 6053.0
  • Parcel #: 142-14-024
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2993.0

Tax Info

  • Tax Annual Amount: 2993.0
  • Tax Book Number: 142.00
  • Tax Lot: 6
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Baysan Robert C and Baysan Sharon Jane
Bought by
Baysan Investments Llc
Total Days on Market
264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,043,298
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2024
Sold by
Baysan Sharon Jane and Baysan Robert
Bought by
Baysan Robert C and Baysan Sharon Jane

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
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2021
Closed on
Nov 18, 2022
Sold by
Calvin And Brian Tang Sibling Trust
Bought by
Baysan Sharon Jane and Baysan Robert
Seller's Agent
Tucker Geer
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
James Park
Six Zero Two Real Estate Group LLC
List Price
$635,000
Sold Price
$525,000
Premium/Discount to List
-$110,000
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Baysan Investments Llc -- Pioneer Title Agency
Baysan Robert C -- Pioneer Title Agency
Baysan Sharon Jane $525,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baysan Investments Llc $1,050,000
Previous Owner Baysan Robert C $250,000
Previous Owner Baysan Robert C $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $525,000 -17.3% $87 / Sq Ft
10/18/2022 10/18/22 Price Changed $635,000 0.0% $106 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
12/19/2021 12/19/21 For Sale $635,000 -- $106 / 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 $2,649 $28,268 -- --
2024 $2,754 $27,764 -- --
2023 $2,754 $42,262 $3,553 $38,709
2022 $2,779 $38,255 $2,625 $35,630
2021 $2,993 $38,394 $2,700 $35,694
2020 $3,012 $39,006 $3,654 $35,352
2019 $2,921 $37,548 $3,222 $34,326
2018 $2,834 $35,154 $2,628 $32,526
2017 $2,826 $31,806 $2,538 $29,268
2016 $2,793 $28,908 $2,556 $26,352
2015 $2,672 $23,662 $2,442 $21,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6333642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-14-024