NOT LISTED FOR SALE

903 E Monroe Ave Buckeye, AZ 85326

Estimated Value: $227,776

Studio
-- Bath
1,128 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $120,000 $106 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,633/month

138 Days on Market

Highlights

  • 0.54 Acre Lot
  • Central Air
  • 2-minute walk to Buckeye Town Park
  • Community Kitchen
  • Heating Available

About This Home

As of September 2016

Great chance to buy a fully equipped restaurant in the Historical Down Town Buckeye.Large corner lot with frontage on 9th and Monroe. Over 8000 cars a day which equals about 300 cars an hour. Property has sprinklers,up to date fire suppression system,new compressors and air handlers(over 10,000 in upgrades)in walk in cooler and freezer.Ready to move in and start cooking. Drive thru with plenty of parking and out door dining. Priced to sell. Lots of opportunity for sure. verify info and measurements

Last Agent to Sell the Property

Karla Walters

Delex Realty License #BR521361000 Listed on: 04/01/2016

Delex Realty

Last Buyer's Agent

Doreen Coutelin

Better Homes & Gardens Real Estate SJ Fowler License #SA652895000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Property Type

  • Other

Year Built

  • Built in 1977

Lot Details

  • 0.54 Acre Lot
  • Property is zoned CC

Home Design

  • 1,128 Sq Ft Home
  • Block Exterior

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Community Kitchen
  • Operating Expense $6,188

Listing and Financial Details

  • Tax Lot ''''
  • Assessor Parcel Number 400-24-005-C

Property Details

Property Type

Other

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: 9th ave and Monroe ave/Highway 85
  • Legal Info Range: 3W
  • Property Type: Comm/Industry Sale
  • Zoning: CC
  • Current Use: Restaurant, Fast Food
  • Number Of Buildings: 1
  • Year Built: 1977
  • Tax Year: 2015
  • Lot Size Acres: 0.54
  • Road Surface Type: Asphalt
  • Subdivision Name: n/a
  • Structure Type: Commercial
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 23305.0
  • Additional Parcels: No
  • Parcel #: 400-24-005-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6188.0

Tax Info

  • Tax Annual Amount: 6188.0
  • Tax Book Number: 400.00
  • Tax Lot: ''''
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Sep 26, 2016
Sold by
Skalak Properties Llc
Bought by
903 East Monroe Llc
Seller's Agent
Karla Walters
Delex Realty
Buyer's Agent
Doreen Coutelin
Better Homes & Gardens Real Estate SJ Fowler
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Current Estimated Value
$227,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,776
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Wilichowski Ryan
Bought by
Skalak Propeties Llc

Purchase Details

Listed on
Feb 4, 2015
Closed on
Apr 22, 2015
Sold by
Skalak Properties Llc
Bought by
Wilichowski Ryan
Seller's Agent
Karla Walters
Delex Realty
Buyer's Agent
Karla Walters
Delex Realty
List Price
$139,900
Sold Price
$149,900
Premium/Discount to List
$10,000
7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$119,900
Interest Rate
3.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 14, 2014
Sold by
Lechuga Louis R
Bought by
Skalak Properties Llc

Purchase Details

Closed on
Oct 10, 2011
Sold by
Skalak Holdings Llllp
Bought by
Lechuga Louis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2011
Sold by
Lechuga Carmen P
Bought by
Lechuga Louis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2011
Sold by
Crg Restaurants Llc and Rodriguez Sandra Gonzalez
Bought by
Skalak Holdings Llp

Purchase Details

Closed on
Aug 8, 2007
Sold by
Gonzalez Carlos
Bought by
Crg Restaurants Llc

Purchase Details

Closed on
Aug 2, 2007
Sold by
Diaz Salvador and Diaz Lilia A
Bought by
Gonzalez Carlos

Purchase Details

Closed on
Mar 28, 2000
Sold by
Weller Verbalee Mae and Weller Linda Lee
Bought by
Diaz Salvador and Diaz Lilia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 1999
Sold by
Weller Verbalee Mae
Bought by
Weller Verbalee Mae and Weller Linda Lee
Source: Public Records
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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
903 East Monroe Llc $120,000 First American Title Ins Co
Skalak Propeties Llc -- Fidelity Natl Title Agency
Wilichowski Ryan $149,900 Fidelity Natl Title Agency
Skalak Properties Llc -- Magnus Title Agency
Lechuga Louis R $125,000 First American Title Ins Co
Lechuga Louis R -- First American Title Ins Co
Skalak Holdings Llp $75,000 First American Title
Crg Restaurants Llc -- First American Title Ins Co
Gonzalez Carlos -- None Available
Diaz Salvador $70,000 First American Title Insuran
Weller Verbalee Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilichowski Ryan $119,900
Previous Owner Lechuga Louis R $90,000
Previous Owner Diaz Salvador $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2016 09/28/16 Sold $120,000 -25.0% $106 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $159,900 +6.7% $142 / Sq Ft
04/24/2015 04/24/15 Sold $149,900 +7.1% $133 / Sq Ft View Prior Sale
03/07/2015 03/07/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $139,900 -- $124 / 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 $5,302 $43,665 -- --
2024 $5,432 $42,885 -- --
2023 $5,432 $45,883 $17,102 $28,781
2022 $5,610 $41,826 $14,823 $27,003
2021 $6,045 $40,896 $14,112 $26,784
2020 $5,743 $45,504 $18,342 $27,162
2019 $5,453 $42,858 $16,758 $26,100
2018 $5,178 $34,911 $7,803 $27,108
2017 $5,128 $34,911 $7,803 $27,108
2016 $6,400 $45,828 $20,430 $25,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5421005

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-24-005C