$116,650
SOLD JAN 15, 2015

1008 S Mara Dr Apache Junction, AZ 85120

-- Bed
-- Bath
1,364 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

3% Below List Price

74 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of January 2015

Fully leased, owner simply looking to unload Arizona properties. Great location in central Apache Junction. Close to schools, shopping and US 60. The two units feature two bedroom/one bath units with w/d hook-ups in large storage rooms under the carports w/seperate driveways. Super low maintanence block construction and desert landscaping keep things simple and easy. Master-metered water. Tenants pay all other utilities, new lease written so water charge can be added. Newly rented unit bring $625 plus tax. New tile and carpet plus paint Duplex is professionally managed. North unit is mo to mo, 2bd/ units rent fast in AJ or live in one half!

Last Agent to Sell the Property

Sherayn Allen

Key Real Estate Services License #BR627343000 Listed on: 10/03/2014

Last Buyer's Agent

Dallin Young

Presidential Realty, LLC License #SA643244000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1975

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Superstition Mountain Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity, sewer, cable TV
  • The owner pays for water
  • Tax Lot 56
  • Assessor Parcel Number 102-12-085

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $2,047
  • Gross Income $14,250
  • Net Operating Income $11,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,027

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: IRONWOOD & BROADWAY
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: RES/MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2011
  • Directions: West on Ironwood take first left heading south. Property will be on right.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • 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: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Free, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 420.0

Schools

  • Elementary School: Superstition Mountain Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 102-12-085

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Electricity, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 14250.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 11753.0
  • Annual Operating Expense: 2046.7
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1026.7
  • Tax Book Number: 102.00
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Larsen Gary T
Bought by
Red Maple Llc
Current Estimated Value
$267,287

Purchase Details

Closed on
Dec 21, 2021
Sold by
Larsen Meredith and Larsen Gary T
Bought by
Larsen Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,300
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2020
Sold by
Real Property Acquisitions Llc
Bought by
Sprucewood Llc

Purchase Details

Listed on
Oct 3, 2014
Closed on
Jan 8, 2015
Sold by
Lawrence Scottie R
Bought by
Young Dallin R and Young Asley H
Seller's Agent
Sherayn Allen
Key Real Estate Services
Buyer's Agent
Dallin Young
Presidential Realty, LLC
List Price
$120,000
Sold Price
$116,650
Premium/Discount to List
-$3,350
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$87,375
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Lawrence Drew J
Bought by
Lawrence Scottie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 1999
Sold by
Banasek Jelka
Bought by
Banasek Ivan and Banasek Jelka

Purchase Details

Closed on
Aug 3, 1994
Sold by
Banasek and Banasek Brennan
Bought by
Banasek Karl and Banasek Jelka
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed -- --
Special Warranty Deed -- --
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed -- Clear Title
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed -- Clear Title
Special Warranty Deed -- Accommodation
Special Warranty Deed -- Accommodation
Warranty Deed $116,650 Empire West Title Agency
Warranty Deed $116,650 Empire West Title Agency
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $119,900 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $119,900 Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Joint Tenancy Deed -- --
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,300 New Conventional
Previous Owner $85,708 Unknown
Previous Owner $87,375 New Conventional
Previous Owner $110,000 Unknown
Previous Owner $107,900 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Rented $750 0.0% --
03/08/2018 03/08/18 Under Contract -- -- --
02/27/2018 02/27/18 For Rent $750 +7.9% --
02/10/2017 02/10/17 Rented $695 0.0% --
01/04/2017 01/04/17 For Rent $695 0.0% --
06/01/2016 06/01/16 Rented $695 0.0% --
05/25/2016 05/25/16 Under Contract -- -- --
05/13/2016 05/13/16 For Rent $695 0.0% --
01/15/2015 01/15/15 Sold $116,650 -2.8% $86 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $120,000 -- $88 / 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 $935 $15,106 -- --
2024 $882 $14,768 -- --
2023 $920 $13,971 $7,516 $6,455
2022 $882 $12,736 $7,516 $5,220
2021 $899 $12,474 $0 $0
2020 $876 $12,450 $0 $0
2019 $840 $12,266 $0 $0
2018 $823 $5,261 $0 $0
2017 $827 $5,174 $0 $0
2016 $820 $5,010 $1,100 $3,910
2014 $820 $4,794 $1,100 $3,694
Source: Public Records

Agents Affiliated with this Home

  • Landon Holzwarth

    Seller's Agent in 2018

    Landon Holzwarth

    PADLAB

    (602) 421-5029

    1 in this area

    6 Total Sales

    Landon Holzwarth
    Section Image
  • Travis Larsen

    Seller's Agent in 2017

    Travis Larsen

    Presidential Realty, LLC

    (480) 695-3732

    1 in this area

    18 Total Sales

    Travis Larsen
    Section Image
  • Scott Belnap

    Buyer's Agent in 2017

    Scott Belnap

    Presidential Realty, LLC

    (480) 603-6934

    1 in this area

    19 Total Sales

    Scott Belnap
    Section Image
  • Camille Koehler

    Seller Co-Listing Agent in 2016

    Camille Koehler

    Presidential Realty, LLC

    (602) 743-6147

    26 Total Sales

    Camille Koehler
    Section Image

  • S

    Seller's Agent in 2015

    Sherayn Allen

    Key Real Estate Services

    Section Image

  • D

    Buyer's Agent in 2015

    Dallin Young

    Presidential Realty, LLC

    (480) 695-1279

    8 Total Sales

    Dallin Young
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5180580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-12-085

Arizona Pinal County Apache Junction 85120

1008 S Mara Dr, Apache Junction, AZ

This home is located at 1008 S Mara Dr, Apache Junction, AZ 85120 and is currently priced at $116,650, approximately $85 per square foot. This property was built in 1975. 1008 S Mara Dr is a home located in Pinal County with nearby schools including Four Peaks Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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

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