NOT LISTED FOR SALE

115 N Apache Trail Unit B Apache Junction, AZ 85120

Estimated Value: $858,143

-- Bed
-- Bath
5,001 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $2,500 $0 Per Sq Ft

Est. 34,226% increase in value since last sale

Current estimated payment $5,412/month

162 Days on Market

Highlights

  • 0.53 Acre Lot
  • Community Kitchen
  • Heating Available
  • Wood Flooring
  • Central Air
  • 1-minute walk to Flatiron Park

About This Home

As of March 2021

Wow! This office building located in the historic Apache Trail is move-in ready!! Building is ready to suite almost any kind of business. Large reception area, eight private offices, lovely area w/sink ideal for a coffee area, two restrooms w/grab bars, spacious cubicle area, and storage area with sliding grade door. This is the perfect location for your business you have been looking for! Town of Apache Junction is growing like crazy! It won't last long. Hurry to call for a private viewing!

Last Listed By

Eric Lambert

Versatile Properties License #SA680077000 Listed on: 09/23/2020

Property Details

Property Type

  • Other

Year Built

  • Built in 1987

Lot Details

  • 0.53 Acre Lot
  • Property is zoned GR

Home Design

  • 5,001 Sq Ft Home
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 9/22/20
  • Tenant pays for electricity, fire insurance-bldg, liability insurance, janitorial service
  • The owner pays for property taxes, exterior maint, common area maintenance, trash, sewer, water
  • Tax Lot 32
  • Assessor Parcel Number 101-23-032-A

Community Details

Overview

  • Parkway Plaza Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Apache Trail & Idaho Rd
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Lease
  • Zoning: GR
  • Lease Info Annual Lease Price: 30000.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2500
  • Year Built: 1987
  • Tax Year: 2020
  • Directions: Head southwest on N Apache Trail to Shopping Center on East side of N Apache Trail, across from Flatiron Park. Property will be on the last building #115.
  • Lot Size Acres: 0.53
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: meto01
  • Co List Office Phone: 602-687-9933
  • Subdivision Name: PARKWAY PLAZA
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 5001.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 23072.0
  • Additional Parcels: No
  • Parcel #: 101-23-032-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-09-22

Multi Family

  • Owner Pays: Property Taxes, Exterior Maint, Common Area Maint, Trash, Sewer, Water
  • Tenant Pays: See Remarks, Electricity, Fire Insurance-Bldg, Liability Insurance, Janitorial Service
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 2500.0

Tax Info

  • Tax Annual Amount: 8031.0
  • Tax Book Number: 101.00
  • Tax Lot: 32
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2014
Sold by
Choate Joan T
Bought by
Double Entry Llc
Total Days on Market
162
Current Estimated Value
$858,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.38%
Mortgage Type
Unknown

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
Double Entry Llc $375,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double Entry Llc $310,000
Closed Double Entry Llc $157,000
Closed Double Entry Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $2,500 0.0% $0 / Sq Ft
10/16/2020 10/16/20 Price Changed $2,500 -28.6% $0 / Sq Ft
09/22/2020 09/22/20 For Sale $3,500 -- $1 / 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 $7,860 -- -- --
2024 $7,868 -- -- --
2023 $7,972 $69,572 $12,467 $57,105
2022 $7,868 $57,233 $10,389 $46,844
2021 $8,243 $72,179 $0 $0
2020 $8,031 $73,685 $0 $0
2019 $7,704 $72,650 $0 $0
2018 $7,547 $72,423 $0 $0
2017 $7,347 $76,572 $0 $0
2016 $7,167 $13,159 $13,159 $13,159
2014 -- $22,054 $6,926 $15,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6136259

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-23-032A