NOT LISTED FOR SALE

Estimated Value: $390,294 - $550,000

Studio
1 Bath
700 Sq Ft
$667/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2020

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

Est. 22% increase in value since last sale

Current estimated payment $2,582 / mo

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

0.57 Acres

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
  • Road Surface Type: Private Street
  • Professional Management Expense: 1800.0
  • Co List Office Mls Id: dele001
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 5, 2020
Sold by
Bought by
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
$466,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,574
Avg. Annual Appreciation
3.47%
Original Mortgage
$395,752
Outstanding Balance
$351,708
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$114,866

Purchase Details

Closed on
Oct 7, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2013
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Apr 4, 1997
Sold by
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$382,000 Empire West Title Agency Llc
-- None Available
-- Accommodation
$271,000 Arizona Title Agency Inc
$119,900 Old Republic Title Agency
$105,000 Old Republic Title Agency
-- --
$85,000 Ati Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $395,752
Previous Owner $202,346
Previous Owner $40,650
Previous Owner $95,920
Previous Owner $84,000
Previous Owner $72,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $799 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6090914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-47-060A

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