NOT LISTED FOR SALE

1484 W Apache Trail Apache Junction, AZ 85120

-- Bed
-- Bath
11,430 Sq Ft
8.48 Acres

Last Sold November 30, 2021

Last sale price $1,250,000 $109 Per Sq Ft

1,914 Days on Market

Highlights

  • 8.48 Acre Lot
  • Central Air
  • Concrete Flooring

About This Home

As of November 2021

4.48 Acres in the Heart of Apache Junction. This Property has the Potential for a New Commercial Development Site. Income producing property with long term tenants.

Last Agent to Sell the Property

Charlie Wise

Lost Dutchman Realty License #BR573784000 Listed on: 04/28/2016

Last Buyer's Agent

Charlie Wise

Lost Dutchman Realty License #BR573784000 Listed on: 04/28/2016

Property Details

Property Type

  • Other

Year Built

  • Built in 1968

Lot Details

  • 8.48 Acre Lot
  • Additional Parcels
  • Property is zoned C3/PD

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof

Interior Spaces

  • 11,430 Sq Ft Home
  • Concrete Flooring

Parking

  • 100 Open Parking Spaces
  • 102 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 101-15-003

Community Details

Overview

  • 11 Buildings
  • Apache Addition Acres 1 Subdivision

Building Details

  • Operating Expense $40,426
  • Gross Income $1,216,080

Property Details

Property Type

Other

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Ironwood Dr & Apache Trail
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: C3/PD
  • Current Use: Retail, Restaurant, Office
  • Number Of Buildings: 11
  • Year Built: 1968
  • Tax Year: 2020
  • Lot Size Acres: 8.48
  • Road Surface Type: Asphalt
  • Subdivision Name: APACHE ADDITION ACRES 1
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: Composition, Foam
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 100.0
  • Total Parking Spaces: 102.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 100.0
  • General Property Description:Total Parking Spcs: 102.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Water Source: Private Franchise
  • Heating:Heat Pump2: Yes

Fee Information

  • Annual Water Sewer Expense: 126.0

Lot Info

  • Lot Size Sq Ft: 369449.0
  • Additional Parcels: Yes
  • Parcel #: 101-15-003
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 1216080.0
  • Insurance Expense: 8000.0
  • Annual Operating Expense: 40426.0
  • Vacancy Allowance Rate: 10.0

Tax Info

  • Tax Annual Amount: 31300.0
  • Tax Book Number: 101.00
  • Tax Lot: 3
  • Tax Map Number: 15.00
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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
11/30/2021 11/30/21 Sold $1,250,000 -34.2% $109 / Sq Ft
11/26/2021 11/26/21 Price Changed $1,900,000 +52.0% $166 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/23/2021 07/23/21 Pending -- -- --
06/07/2021 06/07/21 Off Market $1,250,000 -- --
06/01/2021 06/01/21 For Sale $1,900,000 0.0% $166 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,900,000 0.0% $166 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $1,900,000 -4.5% $166 / Sq Ft
10/23/2020 10/23/20 Price Changed $1,990,000 -46.2% $174 / Sq Ft
06/01/2018 06/01/18 For Sale $3,700,000 +196.0% $324 / Sq Ft
06/01/2018 06/01/18 Off Market $1,250,000 -- --
04/27/2016 04/27/16 For Sale $3,700,000 -- $324 / 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
2024 $4,613 -- -- --
2023 $4,537 $55,016 $37,213 $17,803
2022 $4,537 $34,408 $17,727 $16,681
2021 $4,810 $35,536 $0 $0
2020 $4,685 $35,081 $0 $0
2019 $4,492 $34,241 $0 $0
2018 $4,389 $30,335 $0 $0
2017 $4,535 $30,656 $0 $0
2016 $4,614 $15,840 $15,840 $15,840
2014 -- $21,904 $15,157 $6,748
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5434506

Arizona Regional Multiple Listing Service (ARMLS)