NOT LISTED FOR SALE

10660 W Concordia Dr Arizona City, AZ 85123

Estimated Value: $290,000 - $522,000

-- Bed
-- Bath
4,148 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $490,000 $118 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,518/month

2 Days on Market

About This Home

As of December 2021

HUGE INVESTOR OPPORTUNITY! CASH FLOWING QUADPLEX IN THE HEART OF ARIZONA CITY. 2 STORY BLOCK CONSTRUCTION. FOUR 2 Bedroom 1 Bath Apartments. REMODELED 2 BEDROOM, NEWER KITCEN, NEWER APPLIANCES, NEWER BATH, NEWER INTERIOR TU-TONE PAINT AND NEWER CARPET AS OF 2015. All four units are currently on a month to month lease for $500 per month. All four of the leases are under current market rent rates with the opportunity of rent increases. Property is for sale AS IS. ALL units are tenant occupied and all showings require at minimum a 48 hour notice beforehand. PLEASE DO NO DISTURB TENANTS.

Last Agent to Sell the Property

Brendon Adcox

Gentry Real Estate License #SA680070000 Listed on: 11/30/2021

Gentry Real Estate

Last Buyer's Agent

Connor Brague

Gentry Real Estate License #SA689138000

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1973

Lot Details

  • 0.28

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 6099
  • Assessor Parcel Number 407-04-059

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $4,270
  • Gross Income $98,400
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: W. Battagila Drive & South Del Rio Road
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1973
  • Directions: Turn right onto S Sunland Gin Rd 3.1 mi Turn right onto W Battaglia Dr 0.5 mi Turn left onto S Del Rio Rd 0.2 mi Turn right onto W Concordia Dr Destination will be on the right
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1260.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • 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
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: 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

Fee Information

  • Trash Expense: 480.0
  • Annual Water Sewer Expense: 880.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 407-04-059

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 98400.0
  • Insurance Expense: 950.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 20400.0
  • Annual Operating Expense: 4270.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Book Number: 407.00
  • Tax Lot: 6099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 29, 2021
Sold by
Schwarz Mccall and Darby Keegan
Bought by
Darby Keegan
Seller's Agent
Brendon Adcox
Gentry Real Estate
Buyer's Agent
Connor Brague
Gentry Real Estate
List Price
$414,999
Sold Price
$490,000
Premium/Discount to List
$75,001
18.07%
Current Estimated Value
$442,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,235
Avg. Annual Appreciation
0.61%
Original Mortgage
$412,200
Outstanding Balance
$336,625
Interest Rate
3.15%
Mortgage Type
Balloon
Estimated Equity
$164,448

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 16, 2021
Sold by
Adcox Pinal Invstments Llc
Bought by
Green And Gold Properties Llc
Seller's Agent
Brendon Adcox
Gentry Real Estate
Buyer's Agent
Connor Brague
Gentry Real Estate
List Price
$414,999
Sold Price
$490,000
Premium/Discount to List
$75,001
18.07%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Augusta Investments Llc
Bought by
Adcox Pinal Investments Llc

Purchase Details

Closed on
May 23, 2016
Sold by
Eel Holdings Llc
Bought by
Eel Holdings Llc

Purchase Details

Closed on
Jul 31, 2013
Sold by
Lund Robert
Bought by
Augusta Investments Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Lund Robert J
Bought by
Lund Robert and Lund Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Kemp Brad
Bought by
Lund Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,350
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2001
Sold by
Russell Rixon C and Russell Evelyn I
Bought by
Kemp Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1999
Sold by
Jones Roxie M
Bought by
Russell Rixon C and Russell Evelyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.64%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Darby Keegan -- Pioneer Title Agency Inc
Green And Gold Properties Llc $490,000 Pioneer Title Agency Inc
Adcox Pinal Investments Llc -- Pioneer Title
Adcox Pinal Investments Llc -- Accommodation
Eel Holdings Llc -- None Available
Augusta Investments Llc $81,700 First American Title
Lund Robert -- Fidelity National Title Agen
Lund Robert J $191,000 Fidelity National Title Agen
Kemp Brad $147,000 Security Title Agency
Russell Rixon C $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darby Keegan $412,200
Previous Owner Lund Robert $218,400
Previous Owner Lund Robert J $162,350
Previous Owner Kemp Brad $117,600
Previous Owner Russell Rixon C $75,000
Closed Kemp Brad $14,700
Closed Green And Gold Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $490,000 +18.1% $118 / Sq Ft
12/22/2021 12/22/21 For Sale $414,999 0.0% $100 / Sq Ft
12/22/2021 12/22/21 Price Changed $414,999 0.0% $100 / Sq Ft
11/29/2021 11/29/21 For Sale $414,999 -- $100 / 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 $1,257 $19,569 -- --
2024 $1,213 $23,103 -- --
2023 $1,245 $14,827 $0 $0
2022 $1,213 $9,386 $593 $8,793
2021 $1,266 $8,888 $0 $0
2020 $1,226 $8,982 $0 $0
2019 $1,172 $7,788 $0 $0
2018 $1,148 $6,886 $0 $0
2017 $1,206 $6,732 $0 $0
2016 $1,385 $6,721 $290 $6,431
2014 -- $7,578 $340 $7,238
Source: Public Records

Agents Affiliated with this Home

  • Brendon Adcox

    Seller's Agent in 2021

    Brendon Adcox

    Gentry Real Estate

    (480) 750-9910

    1 in this area

    193 Total Sales

    Brendon Adcox
    Section Image

  • C

    Buyer's Agent in 2021

    Connor Brague

    Gentry Real Estate

    (480) 750-9910

    2 in this area

    42 Total Sales

    Connor Brague
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6326422

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-04-059

Arizona Pinal County Arizona City 85123

10660 W Concordia Dr, Arizona City, AZ

This home is located at 10660 W Concordia Dr, Arizona City, AZ 85123 since 30 November 2021 and is currently estimated at $442,765, approximately $106 per square foot. This property was built in 1973. 10660 W Concordia Dr is a home located in Pinal County with nearby schools including Arizona City Elementary School and Toltec Elementary 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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