NOT LISTED FOR SALE

Estimated Value: $395,000 - $503,000

-- Bed
1 Bath
700 Sq Ft
$622/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $382,000 $546 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,484/month

20 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Ceiling Fan
  • Franklin at Brimhall Elementary School Rated A
  • Community Barbecue Grill
  • Concrete Flooring

About This Home

As of August 2020

let your tenants pay your mortgage

In Maricopa county,
Apache junction mailing address only

All newer electrical boxes
2 cottages have had the siding replaced
low maintenance
one tenant has stayed over 10 years
all stay a very long time

let your tenants pay your mortgage

Very quiet, end of the street
no noise very private

Can park RV's etc on the very large lot

over 1/2 acre of land 4 separate homes
All 1 bedroom and 1 bath
picnic area with gazebo

Each unit pays their own electric and gas

Last Agent to Sell the Property

Kerry OConnor

DeLex Realty License #BR027287000 Listed on: 06/15/2020

DeLex Realty

Co-Listed By

David Mandly

DeLex Realty License #SA503768000

Last Buyer's Agent

Lyle Burton

Barrett Real Estate License #SA652805000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1959

Lot Details

  • 0.57

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • RV or Boat Parking

Schools

  • Sousa Elementary School
  • Smith Junior High School
  • Skyline High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, landscaping
  • Assessor Parcel Number 220-47-060-A

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 200 x 125

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $4,734
  • Gross Income $33,300
  • Net Operating Income $28,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$724

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Apache Trail/Crismon
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2019
  • Directions: West to Merrill north to Akron West to end of the street on the right 4 homes
  • Road Surface Type: Private Street
  • Professional Management Expense: 1800.0
  • Co List Office Mls Id: dele001
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, RV/Boat Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

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

Fee Information

  • Trash Expense: 160.0

Schools

  • Elementary School: Sousa Elementary School
  • High School: Skyline High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 200 x 125
  • Additional Parcels: No
  • Parcel #: 220-47-060-A

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 33300.0
  • Insurance Expense: 550.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 28566.0
  • Annual Operating Expense: 4734.0

Tax Info

  • Tax Annual Amount: 724.0
  • Tax Book Number: 220.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 5, 2020
Sold by
Mandly Daniel and Connor Kerry O
Bought by
Lane Douglas
Seller's Agent
Kerry OConnor
DeLex Realty
Buyer's Agent
Lyle Burton
Barrett Real Estate
List Price
$420,000
Sold Price
$382,000
Premium/Discount to List
-$38,000
-9.05%
Current Estimated Value
$435,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,673
Avg. Annual Appreciation
2.78%
Original Mortgage
$395,752
Outstanding Balance
$355,585
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$80,813

Purchase Details

Closed on
Oct 7, 2019
Sold by
Mandly Daniel
Bought by
Mandly Daniel and Connor Kerry O

Purchase Details

Closed on
Feb 15, 2013
Sold by
Mandly Daniel J
Bought by
Mandly Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,346
Interest Rate
3.36%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Hernandez Ray L and Hernandez Asunda S R
Bought by
Mandly Daniel J and Mandly Daniel Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,650
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2001
Sold by
Spaulding Stephen L and Spaulding Karen R
Bought by
Hernandez Ray L and Hernandez Asunda S R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1999
Sold by
Pansing Nicholas W and Pansing Connie J B
Bought by
Spaulding Stephen L and Spaulding Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
Pansing Nicholas W and Pansing Connie J B
Bought by
Pansing Nicholas W and Pansing Connie J B

Purchase Details

Closed on
Apr 4, 1997
Sold by
Hudson Robert E and Hudson Sandra D
Bought by
Pansing Nicholas W and Pansing Connie Jb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lane Douglas $382,000 Empire West Title Agency Llc
Mandly Daniel -- None Available
Mandly Daniel -- Accommodation
Mandly Daniel J $271,000 Arizona Title Agency Inc
Hernandez Ray L $119,900 Old Republic Title Agency
Spaulding Stephen L $105,000 Old Republic Title Agency
Pansing Nicholas W -- --
Pansing Nicholas W $85,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Douglas $395,752
Previous Owner Mandly Daniel $202,346
Previous Owner Mandly Daniel J $209,399
Previous Owner Mandley Daniel J $206,421
Previous Owner Mandly Daniel J $40,650
Previous Owner Mandly Daniel Joseph $203,250
Previous Owner Rodgers Michele A $148,000
Previous Owner Hernandez Ray L $95,920
Previous Owner Spaulding Stephen L $84,000
Previous Owner Pansing Nicholas W $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $382,000 -2.1% $546 / Sq Ft
08/01/2020 08/01/20 Price Changed $390,000 0.0% $557 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $390,000 -2.5% $557 / Sq Ft
06/18/2020 06/18/20 Price Changed $400,000 -4.8% $571 / Sq Ft
06/14/2020 06/14/20 For Sale $420,000 -- $600 / 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 $798 $8,861 -- --
2024 $809 $8,439 -- --
2023 $809 $26,510 $5,300 $21,210
2022 $658 $20,700 $4,140 $16,560
2021 $666 $17,870 $3,570 $14,300
2020 $781 $15,960 $3,190 $12,770
2019 $724 $15,260 $3,050 $12,210
2018 $706 $12,770 $2,550 $10,220
2017 $682 $9,100 $1,820 $7,280
2016 $667 $8,780 $1,750 $7,030
2015 $624 $8,360 $1,670 $6,690
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6090914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-47-060A