$292,000
SOLD DEC 16, 2024

511 N Brown Ave Casa Grande, AZ 85122

-- Bed
-- Bath
1,656 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas

About This Home

As of December 2024

SELLER FINANCING AVAILABLE! Seller is offering $500 towards buyer's closing costs, with 30% down payment and fully amortized for 30 years at 9.9%. Beautiful duplex in Casa Grande! Discover spacious units of approximately 825 sqft. Each unit has two sizable bedrooms, one bathroom, a cozy living area, and an equipped kitchen with gorgeous cabinets and the appliances needed for your cooking. Out the back, you'll find a fenced yard with plenty of privacy. Plus, ample parking is available! You have the opportunity to live in one unit and rent the other! Don't wait any longer!

Last Agent to Sell the Property

Melissa Goslin

Keller Williams Realty Phoenix License #SA581703000

Keller Williams Realty Phoenix

Last Buyer's Agent

Marc Slavin

Realty ONE Group License #SA633337000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $652

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Palo Verde Elementary School
  • Villago Middle School
  • Casa Grande Union High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • The owner pays for trash collection, sewer
  • Legal Lot and Block 10 / 6
  • Assessor Parcel Number 507-03-158

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • Myers Second Addition Subdivision

Building Details

  • Operating Expense $7,592
  • Gross Income $26,993
  • Net Operating Income $19,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$652

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Florence Blvd & Pinal Ave
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: Mult
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Directions: Head east on Florence Blvd, Turn right onto N Brown Ave. Property will be on the right.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2347.0
  • Subdivision Name: MYERS SECOND ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Palo Verde Elementary School
  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Villago Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 507-03-158

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity, Water
  • Number Of Units Total: 2
  • Annual Gross Income: 26992.8
  • Insurance Expense: 948.0
  • Maintenance Expense: 2445.0
  • Property Net Operating Income: 19400.0
  • Annual Operating Expense: 7592.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 652.0
  • Tax Block: 6
  • Tax Book Number: 507.00
  • Tax Lot: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $292,000 -2.6% $176 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $299,900 -- $181 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $640 $6,963 -- --
2024 $642 $7,005 -- --
2023 $652 $5,376 $700 $4,676
2022 $642 $4,772 $700 $4,072
2021 $735 $4,964 $0 $0
2020 $720 $4,882 $0 $0
2019 $719 $4,903 $0 $0
2018 $713 $4,957 $0 $0
2017 $695 $4,425 $0 $0
2016 $764 $4,803 $700 $4,103
2014 $739 $4,804 $700 $4,104
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $219,000 Credit Line Revolving
Previous Owner $1,390,000 Credit Line Revolving
Previous Owner $128,250 Negative Amortization
Previous Owner $90,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $292,000 Encore Title
Warranty Deed -- Magnus Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $75,000 North American Title Co
Cash Sale Deed $40,500 Lsi Title Fnds Division
Trustee Deed $123,203 None Available
Warranty Deed $129,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-03-158