NOT LISTED FOR SALE

1200 W Apache Trail Apache Junction, AZ 85120

Estimated Value: $709,067

Studio
-- Bath
1,536 Sq Ft
$462/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2018

Last sale price $183,000 $119 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $4,107 / mo

785 Days on Market

Highlights

  • 0.23 Acre Lot
  • Community Kitchen
  • Ceramic Tile Flooring
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of May 2018

!!!Reduced For Quick Sale!!! Former pizza restaurant. Great opportunity for an owner occupied buyer looking for a high traffic location. Or, an investor - fair market rent will provide a very attractive CAP rate. Well maintained building in good condition - turn key. New foam roof 4 years ago. 2 Parcels included in this sale, APN's 101-15-010, 101-15-009. 1536 square foot single level building, block construction in good condition. Plus, a 6,000 square foot lot adjacent to the restaurant which includes a sign lease generating additional annual income. Excellent frontage on Apache Trail.

Last Agent to Sell the Property

Brook Miller

RE/MAX Fine Properties License #BR533974000 Listed on: 09/08/2017

RE/MAX Fine Properties

Last Buyer's Agent

Brook Miller

RE/MAX Solutions License #BR533974000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1960

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Property is zoned GR

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling height under 8 feet
  • Ceramic Tile Flooring

Parking

  • 15 Parking Spaces
  • Paved Parking
  • 15 Open Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 101-15-010

Community Details

Overview

  • S20 T1n R8e Subdivision

Amenities

  • Community Kitchen
  • Public Restrooms

Building Details

  • Operating Expense $4,163
  • Gross Income $20,400
  • Net Operating Income $16,237

Property Details

Property Type

Other

Est. Annual Taxes

$2,963

Year Built

Built in 1960

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Cross Street: Apache Trail & Ironwood
  • Property Type: Comm/Industry Sale
  • Zoning: GR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2015
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Subdivision Name: S20 T1N R8E
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1536.0
  • Stories: 1 Story

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Exterior: Corner Lot, Dual Street Ftg, Pole Sign

Garage/Parking

  • Parking Features: Open, Paved, Other
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0

Utilities

  • Electric: SRP
  • Cooling: Office Evap, Window/Wall Unit
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 101-15-010

Multi Family

  • Annual Gross Income: 20400.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 16237.0
  • Annual Operating Expense: 4163.0

Tax Info

  • Tax Annual Amount: 2963.0
  • Tax Book Number: 101.0
  • Tax Lot: 0
  • Tax Map Number: 15.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Nonla Viet Llc
Bought by
Evergreen Capital Llc
Current Estimated Value
$709,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$306,715
Interest Rate
6.78%
Estimated Equity
$397,147

Purchase Details

Closed on
May 28, 2020
Sold by
Nonla Viet Llc
Bought by
Nonla Viet Llc

Purchase Details

Closed on
Oct 23, 2019
Sold by
Cushing Reid and Vo Quyen Ngoc
Bought by
Nonla Viet Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,700
Interest Rate
3.5%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Sep 8, 2017
Closed on
May 10, 2018
Sold by
Neill Marilyn Sue O
Bought by
Cushing Reid and Vo Quyen Ngoc
Seller's Agent
Brook Miller
RE/MAX Fine Properties
Buyer's Agent
Brook Miller
RE/MAX Fine Properties
List Price
$225,000
Sold Price
$183,000
Premium/Discount to List
-$42,000
-18.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Aug 18, 2010
Sold by
Bucik Investments
Bought by
Oneill M S

Purchase Details

Closed on
Dec 1, 2002
Sold by
Oneill Lawrence K and Oneill Marilyn S
Bought by
Buick Investments Llc
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

Date Buyer Sale Price Title Company
Evergreen Capital Llc $731,250 Roc Title
Nonla Viet Llc -- None Available
Nonla Viet Llc -- Pioneer Title Agency Inc
Cushing Reid $183,000 Clear Title Agency Of Arizon
Oneill M S -- None Available
Buick Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evergreen Capital Llc $310,000
Closed Evergreen Capital Llc $373,125
Previous Owner Nonla Viet Llc $530,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $183,000 -8.5% $119 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
01/25/2018 01/25/18 Price Changed $199,900 -11.2% $130 / Sq Ft
09/08/2017 09/08/17 For Sale $225,000 0.0% $146 / Sq Ft
09/08/2017 09/08/17 Price Changed $225,000 +23.0% $146 / Sq Ft
08/29/2017 08/29/17 Off Market $183,000 -- --
02/16/2016 02/16/16 For Sale $225,000 -- $146 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,172 -- -- --
2024 $4,176 -- -- --
2023 $4,231 $39,599 $15,117 $24,482
2022 $4,176 $33,479 $9,448 $24,031
Source: Public Records

Agents Affiliated with this Home

  • Brook Miller

    Seller's Agent in 2018

    Brook Miller

    RE/MAX

    (602) 391-7164

    5 in this area

    118 Total Sales

    Brook Miller
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5400270

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-15-010A

Arizona Pinal County Apache Junction 85120

1200 W Apache Trail, Apache Junction, AZ

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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