NOT LISTED FOR SALE

1420 S Warner Dr Unit LOT Apache Junction, AZ 85120

Apache Junction Area
3 Beds
1 Bath
-- Sq Ft
1957 Built

Sale Details

Date Sold: March 30, 2018

Last sale price $250,000

141 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

About This Home

As of March 2018

Cash flow investment! $4,995 a month gross rent roll! Buyer to verify all material facts. Seller makes no warranties, either expressed or implied. Property is being sold AS-IS. Do not disturb tenants. Drive by only. The park has RVs, mobile homes, and a single family-detached house! All units are park owned! As of 10/9/17 park is fully rented! Buy 9 units and a single family home for the price of a fourplex!

Last Agent to Sell the Property

Eric Fuller

DeLex Realty License #SA641166000 Listed on: 10/08/2017

DeLex Realty

Last Buyer's Agent

Peter Schnepp

J. Batchelor Realty LLC License #SA577311000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1957

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Schools

  • Brinton Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Block 1
  • Assessor Parcel Number 102-34-061

Community Details

Overview

  • 10 Units
  • Building Dimensions are 0.88 acres

Building Details

  • Operating Expense $10,436
  • Gross Income $56,943
  • Net Operating Income $44,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1957

Listing Details

  • Cross Street: Meridian Rd. and Broadway Ave.
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Mobile Home Par
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Mobile Home Prk Info Avg Rent R V Spaces: 432.0
  • Average Rent Single Wide: 432.0
  • Mobile Home Prk Info Total Number Spaces: 9
  • Tax Year: 2018
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Stucco, Block, Frame - Wood
  • Roof: Foam, Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Garage Details: Yes

Utilities

  • Electric: SRP, Submetered System
  • Cooling: Window/Wall Unit
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 900.0
  • Annual Water Sewer Expense: 8400.0

Schools

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

Lot Info

  • Lot Size: 0.88 acres
  • Additional Parcels: No
  • Parcel #: 102-34-061

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 10
  • Annual Gross Income: 56943.0
  • Property Net Operating Income: 44128.0
  • Annual Operating Expense: 10436.02
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1136.02
  • Tax Block: 1
  • Tax Book Number: 102.00
  • 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

Closed on
Feb 13, 2020
Sold by
Bought by

Purchase Details

Listed on
Oct 8, 2017
Closed on
Mar 29, 2018
Sold by
Bought by
Seller's Agent
Eric Fuller
DeLex Realty
Buyer's Agent
Peter Schnepp
J. Batchelor Realty LLC
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Purchase Details

Closed on
Jul 18, 2011
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
$100,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2011
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
$100,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2004
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
$257,250
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$250,000 Security Title Agency Inc
-- Title Management Agency Of A
$100,000 Title Management Agency Of A
$343,000 Lawyers Title Ins
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
Previous Owner $100,000
Previous Owner $257,250
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
03/30/2018 03/30/18 Sold $250,000 -2.0% --
10/08/2017 10/08/17 For Sale $255,000 -- --
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 $1,369 --
2024 $1,251 --
2023 $1,305 $25,716 $9,910 $15,806
2022 $1,251 $20,634 $9,910 $10,724
2021 $1,274 $19,935 $0 $0
2020 $1,242 $18,901 $0 $0
2019 $1,191 $17,995 $0 $0
2018 $1,167 $9,976 $0 $0
2017 $1,136 $8,906 $0 $0
2016 $1,108 $8,558 $2,844 $5,715
2014 $1,050 $6,138 $2,844 $3,294
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5671827

Arizona Regional Multiple Listing Service (ARMLS)
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