NOT LISTED FOR SALE

10391 E Agua Vista Way Gold Canyon, AZ 85118

Estimated Value: $411,000 - $613,553

-- Bed
-- Bath
3,136 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $435,000 $139 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,990/month

About This Home

As of December 2020

This is a great 4 plex surrounded by newer homes to the North. Property has 3 AC units installed in 2017 and a new roof done in April 2020. Each unit is 2 bedroom, 1 bathroom with a 1 car garage. 2 tenants were recently moved out and are vacant, the other 2 are month to month. Month to month tenants are below market. This is a great opportunity to instantly increase income and make the investment extremely profitable. Recent comp from building next door rented at $950 with no upgrades and was only on the market for 5 days. Great investment potential.

Last Agent to Sell the Property

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 12/01/2020

Last Buyer's Agent

Sonia James

Saguaro Desert Realty License #BR559323000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1982

Lot Details

  • 0.36

Home Design

  • Wood Frame Construction
  • Foam Roof

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Schools

  • Peralta Trail Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for water
  • Tax Lot 134
  • Assessor Parcel Number 104-13-134-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100x170
  • Golden Springs Subdivision

Building Details

  • Operating Expense $9,273
  • Gross Income $43,320
  • Net Operating Income $34,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Kings Ranch Rd and US 60
  • Legal Info Range: 09E
  • Property Type: Multiple Dwellings
  • Zoning: CR-4
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2500.0
  • Subdivision Name: GOLDEN SPRINGS
  • Garage Yn: Yes
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Peralta Trail Elementary School
  • High School: Apache Junction High School
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 100x170
  • Additional Parcels: No
  • Parcel #: 104-13-134-B

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 43320.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 34047.0
  • Annual Operating Expense: 9273.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1573.0
  • Tax Book Number: 104.00
  • Tax Lot: 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Kershaw Jon A
Bought by
Shawker Llc
Current Estimated Value
$544,388

Purchase Details

Listed on
Dec 1, 2020
Closed on
Nov 19, 2020
Sold by
Rambutan Holdings Llc
Bought by
Kershaw Jon A
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Sonia James
Saguaro Desert Realty
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Reltso Llc
Bought by
Rambutan Holdings Llc

Purchase Details

Closed on
May 23, 2013
Sold by
Ostler Family Revocable Trust
Bought by
Reltso Llc

Purchase Details

Closed on
Dec 10, 2010
Sold by
Acosta Leo
Bought by
Ostler Family Revocable Trust

Purchase Details

Closed on
Apr 22, 2008
Sold by
Federal National Mortgage Association
Bought by
Acosta Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,590
Interest Rate
6.11%
Mortgage Type
VA

Purchase Details

Closed on
Oct 10, 2007
Sold by
Aurora Loan Services
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2007
Sold by
Aurora Loan Services
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 15, 2007
Sold by
Robinson Gary
Bought by
Aurora Loan Services

Purchase Details

Closed on
Sep 12, 2005
Sold by
Active Finance Group Llc
Bought by
Robinson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
5.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 30, 2005
Sold by
Reyes Pedro and Witkowski Elizabeth
Bought by
Active Finance Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
5.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 2, 2002
Sold by
Babb Jason T
Bought by
Reyes Pedro and Witkowski Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2000
Sold by
Elgert Martha and Elgert Norman Leslie
Bought by
Babb Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1999
Sold by
Elgert Martha
Bought by
Elgert Norman Leslie
Source: Public Records

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
Shawker Llc -- None Available
Kershaw Jon A $450,000 Fidelity National Title Agcy
Rambutan Holdings Llc -- None Available
Reltso Llc -- None Available
Ostler Family Revocable Trust $96,944 None Available
Acosta Leo $260,000 Lawyers Title Insurance Corp
Federal National Mortgage Association -- Fidelity Natl Title Ins Co
Federal National Mortgage Association -- Fidelity Natl Title Ins Co
Aurora Loan Services $441,464 None Available
Robinson Gary -- --
Active Finance Group Llc $383,250 --
Reyes Pedro $195,000 Arizona Title Agency Inc
Babb Jason T $160,000 Ati Title Agency
Elgert Norman Leslie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kershaw Jon A $337,500
Previous Owner Acosta Leo $265,590
Previous Owner Robinson Gary $413,250
Previous Owner Reyes Pedro $156,000
Previous Owner Babb Jason T $158,692
Closed Reyes Pedro $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $435,000 -3.3% $139 / Sq Ft
10/21/2020 10/21/20 For Sale $450,000 +3.4% $143 / Sq Ft
10/19/2020 10/19/20 Off Market $435,000 -- --
10/16/2020 10/16/20 For Sale $450,000 -- $143 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
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 $1,679 $29,936 -- --
2024 $1,585 $29,848 -- --
2023 $1,653 $26,977 $0 $0
2022 $1,585 $12,088 $3,102 $8,986
2021 $1,614 $12,234 $0 $0
2020 $1,573 $12,241 $0 $0
2019 $1,508 $11,683 $0 $0
2018 $1,478 $9,448 $0 $0
2017 $1,476 $9,729 $0 $0
2016 $1,439 $10,183 $2,000 $8,183
2014 $1,217 $7,973 $700 $7,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 104-13-134B