NOT LISTED FOR SALE

170 S Grand Dr Apache Junction, AZ 85120

Estimated Value: $342,658 - $363,000

-- Bed
2 Baths
1,200 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $365,000 $304 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,026/month

4 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Multiple cooling system units

About This Home

As of July 2022

Perfect investment property with established tenants. Property has 3 rentals. Front property is a duplex with separate carports. One unit is 1 bed/1 bath, 504 sq ft. 2nd unit is 2 bed/1 bath, 600 sq ft. Property includes a nice size 12x20 workshop. In the back is a manufactured home with 1 bed/1 bath, 552 sq ft, fully fenced, with a private shed.

Last Agent to Sell the Property

Danny Perkinson

Perk Prop Real Estate License #BR626253000 Listed on: 04/27/2022

Co-Listed By

Chantel Gutierrez-Davis

Perk Prop Real Estate License #BR684490000

Last Buyer's Agent

Dallas Wormley

R & I Realty License #BR685994000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1958

Lot Details

  • 0.51

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • Carport
  • RV or Boat Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 101-10-120-B

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 219.90 x 100.44
  • Grand View Place Subdivision

Building Details

  • Operating Expense $897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$897

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Apache Trail & Delaware
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2021
  • Directions: East of Meridian on Apache Trail * South on Grand (just past Delaware)
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: perk001
  • Co List Office Phone: 480-830-5695
  • Subdivision Name: GRAND VIEW PLACE
  • Tax Parcel Letter: B
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other, RV/Access Parking, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, 2 or More Units
  • Heating: Central, 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 219.90 x 100.44
  • Additional Parcels: No
  • Parcel #: 101-10-120-B

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 897.0

Tax Info

  • Tax Annual Amount: 897.0
  • Tax Book Number: 101.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 13, 2022
Sold by
Wakeham Holdings Llc
Bought by
Ferrin Spencer and Ferrin Zoe
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Dallas Wormley
R & I Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$352,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,171
Avg. Annual Appreciation
-1.14%
Original Mortgage
$353,479
Outstanding Balance
$340,388
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$12,441

Purchase Details

Closed on
May 31, 2019
Sold by
Avalanche Investments Llc
Bought by
Wakeham Holdings Llc

Purchase Details

Closed on
Aug 18, 2017
Sold by
Avalanche Investments Llc
Bought by
Avalanche Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2012
Sold by
Cordova Maria
Bought by
Avalanche Investments Llc

Purchase Details

Closed on
Aug 22, 2005
Sold by
Cordova Maria
Bought by
Cordova Maria and Dominguez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2005
Sold by
Hobbs Wiley C and Hobbs Darlene E
Bought by
Cordova Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1999
Sold by
Hobbs Wiley C and Hobbs Darlene E
Bought by
Hobbs Wiley C and Hobbs Darlene E
Source: Public Records

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
Ferrin Spencer $365,000 American Title Services
Wakeham Holdings Llc -- None Available
Avalanche Investments Llc -- Accommodation
Avalanche Investments Llc $65,500 None Available
Cordova Maria -- --
Cordova Maria $150,000 Arizona Title Agency Inc
Hobbs Wiley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrin Spencer $353,479
Previous Owner Avalanche Investments Llc $2,000,000
Previous Owner Cordova Maria $120,000
Closed Cordova Maria $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $365,000 -2.7% $304 / Sq Ft
07/14/2022 07/14/22 Price Changed $375,000 0.0% $313 / Sq Ft
06/20/2022 06/20/22 Price Changed $375,000 0.0% $313 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $375,000 -- $313 / 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 $933 $17,948 -- --
2024 $880 $17,717 -- --
2023 $918 $9,024 $4,389 $4,635
2022 $880 $8,191 $4,402 $3,789
2021 $897 $7,615 $0 $0
2020 $874 $7,613 $0 $0
2019 $838 $7,492 $0 $0
2018 $821 $5,249 $0 $0
2017 $830 $5,189 $0 $0
2016 $733 $5,087 $2,530 $2,557
2014 $845 $5,534 $2,530 $3,004
Source: Public Records

Agents Affiliated with this Home

  • Danny Perkinson

    Seller's Agent in 2022

    Danny Perkinson

    Perk Prop Real Estate

    (480) 247-1153

    14 in this area

    106 Total Sales

    Danny Perkinson
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Chantel Gutierrez-Davis

    Perk Prop Real Estate

  • Dallas Wormley

    Buyer's Agent in 2022

    Dallas Wormley

    R & I Realty

    (602) 687-9933

    8 in this area

    112 Total Sales

    Dallas Wormley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6389130

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-10-120B

Arizona Pinal County Apache Junction 85120

170 S Grand Dr, Apache Junction, AZ

This home is located at 170 S Grand Dr, Apache Junction, AZ 85120 since 27 April 2022 and is currently estimated at $352,829, approximately $294 per square foot. This property was built in 1958. 170 S Grand Dr is a home located in Pinal County with nearby schools including Four Peaks Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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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