NOT LISTED FOR SALE

1117 N Park Ave Casa Grande, AZ 85122

Estimated Value: $326,000 - $337,000

6 Beds
3 Baths
2,221 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $338,000 $152 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,921/month

36 Days on Market

Highlights

  • City View
  • Family Room Off Kitchen
  • Park
  • Modern Architecture
  • Patio
  • 1-Story Property

About This Home

As of December 2024

Discover this charming triplex situated in a highly conventional location, perfect for investors or those looking to live in one unit and rent out the others. With three appointed units, this property offers a unique opportunity for both rental income and comfortable living. Great locations, each with its own units and carport, 2 out of the 3 units recently updated. **Triplex is currently fully rented with stable tenants, ensuring immediate cash flow. Growing demand in the area for rentals, potential for appreciation is significant. Management in place and has been for 10 years. Don't miss this Fantastic Opportunity

Last Listed By

Shauntay Herran

eXp Realty Listed on: 11/20/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $878

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Lot includes common area
  • Chain Link Fence
  • Desert Landscape
  • Back and Front Yard

Property Views

  • City
  • Mountain

Home Design

  • Triplex
  • Modern Architecture
  • Steel Frame
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad

Schools

  • Saguaro Casa Grande Elementary School
  • Casa Grande Middle School
  • Casa Grande Union High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $720 special tax assessment

Community Details

Recreation

  • Park

Building Details

  • Insurance Expense $600
  • Maintenance Expense $200
  • Professional Management Expense $200
  • Water Sewer Expense $300
  • Gross Income $2,350
  • Net Operating Income $80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$878

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Modern
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: Montgomery Subd:Lt 16 blk 6 & 20.5' E of & adj to said lt of Park ave Sec 20-6S-6E .18AC bk 6 pg 11
  • Attached Detached: Attached
  • List Price per Sq Ft: 153.08
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Floor Covering Other: tile
  • Window Coverings: Some
  • Gross Sq Ft: 2221.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Laundry Other: unknown
  • Living Areas: Off Kitchen
  • Extra Room: None
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Precast Concrete, Steel Frame
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Desert Plantings, Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Patio Deck Other: shared picnic area
  • Pool: None
  • Road Maintenance: County
  • Roof: Shingle
  • Spa: None
  • View: City, Mountain(s), Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 3

Utilities

  • Water: City Water
  • Electric Electric Company: Local
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Water Heater None: unknown

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Park, Sidewalks

Fee Information

  • Expenses Capital Expenses: 250.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 200.00
  • Expenses Taxes Assessments: 720.00

Schools

  • School District: Casa Grande ESD 4
  • Elementary School: Saguaro Casa Grande
  • Middle School: Casa Grande
  • High School: Casa Grande Union HS

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 43.36
  • Lot Sq Ft: 7841.00
  • Lot Sz Sold Prc Sq Ft: 43.11
  • Municipality Zoning: Pinal County - CR3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1964

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Tenant
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 506-07-294
  • Taxes: 878.14
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Casa Grande
  • Elementary School: Saguaro Casa Grande
  • High School: Casa Grande Union HS
  • School District: Casa Grande ESD 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 25, 2025
Sold by
Jacewicz-Okelly Scott and Derasadourian Joseph
Bought by
N Park Ave Llc
Seller's Agent
Shauntay Herran
eXp Realty
Buyer's Agent
Shauntay Herran
eXp Realty
List Price
$340,000
Sold Price
$338,000
Premium/Discount to List
-$2,000
-0.59%
Total Days on Market
36
Views
20
Current Estimated Value
$331,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,162
Avg. Annual Appreciation
-5.59%

Purchase Details

Listed on
Nov 20, 2024
Closed on
Dec 3, 2024
Sold by
Lynda Boothman And Martin H Boothman Tru and Boothman Martin H
Bought by
Jacewicz-Okelly Scott and Derasadourian Joseph
Seller's Agent
Shauntay Herran
eXp Realty
Buyer's Agent
Shauntay Herran
eXp Realty
List Price
$340,000
Sold Price
$338,000
Premium/Discount to List
-$2,000
-0.59%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2014
Sold by
Boothman Martin H and Boothman Lynda
Bought by
Lynda Boothman & Martin H Boothman Trust

Purchase Details

Closed on
Dec 19, 2013
Sold by
Wbw Holdings Llc
Bought by
Boothman Martin H and Boothman Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2005
Sold by
Wright William and Wright Brandi
Bought by
Wbw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Carr Real Estates Investments Llc
Bought by
Wright William and Wright Brandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Carr James B and Carr Terry S
Bought by
Carr Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.6%

Purchase Details

Closed on
Jul 25, 2002
Sold by
Gault Barbara J and Beddo Judy Nell
Bought by
Carr James B and Carr Terry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.6%

Purchase Details

Closed on
Jun 28, 1997
Sold by
Strickland Betty and Vanderberg Betty J
Bought by
Gault Barbara J and Beddo Judy Nell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,908
Interest Rate
7.93%
Mortgage Type
FHA

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
N Park Ave Llc -- None Listed On Document
Jacewicz-Okelly Scott $330,000 Clear Title
Jacewicz-Okelly Scott $330,000 Clear Title
Lynda Boothman & Martin H Boothman Trust -- None Available
Boothman Martin H $105,000 Lawyers Title Of Arizona Inc
Wbw Holdings Llc $122,400 --
Wright William $153,000 Ticor Title Agency Of Az Inc
Carr Real Estate Investments Llc -- First American Title Ins Age
Carr James B $116,000 First American Title Ins Age
Gault Barbara J $60,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okelly Scott Jacewicz $247,500
Previous Owner Jacewicz-Okelly Scott $247,500
Previous Owner Boothman Martin H $78,750
Previous Owner Wright William $122,400
Previous Owner Carr James B $104,400
Previous Owner Gault Barbara J $79,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $338,000 0.0% $152 / Sq Ft
12/31/2024 12/31/24 Sold $338,000 -0.6% $152 / Sq Ft
11/20/2024 11/20/24 For Sale $340,000 0.0% $153 / Sq Ft
11/13/2024 11/13/24 For Sale $340,000 -- $153 / Sq Ft
Source: MLS of Southern Arizona

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 $876 $10,734 -- --
2024 $878 $10,796 -- --
2023 $893 $8,107 $2,352 $5,755
2022 $878 $6,883 $2,352 $4,531
2021 $919 $7,340 $0 $0
2020 $873 $5,772 $0 $0
2019 $873 $5,772 $0 $0
2018 $905 $5,772 $0 $0
2017 $928 $5,772 $0 $0
2016 $937 $5,772 $784 $4,988
2014 $907 $5,773 $785 $4,989
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22428614

MLS of Southern Arizona

APN: 506-07-294