NOT LISTED FOR SALE

135 N Palo Verde Dr Apache Junction, AZ 85120

4 Beds
8 Baths
-- Sq Ft
1985 Built

Sale Details

Date Sold: April 27, 2015

Last sale price $275,000

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Individual Controls for Heating

About This Home

As of April 2015

Do not Talk to Tenants-
Tenants are unaware of the sale-
100% occupied- Easy to rent-
All doors have security doors on them so they can have a nice breeze come into there apartment-
All apartments have stove and refrigerators
Most apartments have ceramic tile-
Owner may do owner financing-monthly income is 3240
Inspection of apartments after accepted offer-Walking distance to Walmart which is the largest employer in Apache Junction
Building painted 2015 and landscaping done december 2014-Have your money work for you instead of in a bank

Last Agent to Sell the Property

Andrea Weber-Pomykala

American Realty Brokers License #SA583198000 Listed on: 03/24/2015

American Realty Brokers

Last Buyer's Agent

Morten Pedersen

Lori Blank & Associates, LLC License #BR635605000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Over 1 Space Per Unit

Lot Details

  • Additional Parcels

Schools

  • Cactus Middle School
  • Apache Junction High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 117
  • Assessor Parcel Number 101-02-022

Community Details

Overview

  • 8 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $5,389
  • Gross Income $38,880
  • Net Operating Income $31,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,838

Year Built

Built in 1985

Listing Details

  • Cross Street: IRONWOOD AND APACHE TRAIL
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Construction:Wood Frame: Yes
  • Water Source Community Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Free-Standing Range, Other, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Window/Wall Unit
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1100.0

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 101-02-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 8
  • Annual Gross Income: 38880.0
  • Insurance Expense: 1601.0
  • Property Net Operating Income: 31382.0
  • Annual Operating Expense: 5389.3

Tax Info

  • Tax Annual Amount: 1838.3
  • Tax Book Number: 101.00
  • Tax Lot: 117
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2015 04/27/15 Sold $275,000 -1.8% --
04/03/2015 04/03/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $279,900 -- --
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 $1,784 $16,304 -- --
2024 $1,684 $17,076 -- --
2023 $1,756 $12,983 $1,843 $11,140
2022 $1,684 $12,201 $1,849 $10,352
2021 $1,857 $12,584 $0 $0
2020 $1,927 $12,765 $0 $0
2019 $1,880 $12,585 $0 $0
2018 $1,842 $11,776 $0 $0
2017 $1,947 $12,176 $0 $0
2016 $1,905 $12,448 $1,063 $11,386
2014 -- $10,554 $1,063 $9,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5254875

Arizona Regional Multiple Listing Service (ARMLS)
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