M
Seller's Agent in 2018
Michael Brown
Long Realty Company
(480) 507-9500
16 Total Sales
1944 S Monterey Dr Apache Junction, AZ 85120
--
Bed
--
Bath
3,200
Sq Ft
9,278
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
About This Home
As of November 2018This is a fully occupied 4 plex property. Great investment opportunity in excellent condition. Each unit is a 2 bedroom 1 bath with washer/dryer connections in each unit. Upstair units have linoleum and carpet flooring. Downstairs units have tile flooring. Covered parking is first come first served. Must have an accepted contract in order to view the inside of the property during inspection period. Water and Electric is individually metered to tenants. With current leases in place property is generating around a 8% CAP rate. Buyer to verify all facts and figures.
Last Agent to Sell the Property
eXp Realty License #SA554039000 Listed on: 07/14/2016
Co-Listed By
Court Bradbury
My Home Group Real Estate License #SA657191000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,419
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 4 Covered Spaces
Schools
- Desert Vista Elementary School
- Cactus Canyon Junior High
- Apache Junction High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection
- Tax Lot 130
- Assessor Parcel Number 102-22-130
Community Details
Overview
- 4 Units
- Building Dimensions are 9,290 sqft
- Superstition Villa Subdivision
Building Details
- Operating Expense $4,983
- Gross Income $23,500
- Net Operating Income $23,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2018
Closed on
Dec 21, 2018
Sold by
Marques Properties 5 L L C
Bought by
Marques Paul and Marques Ethel
Seller's Agent
Michael Brown
Long Realty Company
Buyer's Agent
Joseph Ackerman
ProSmart Realty
List Price
$335,000
Sold Price
$309,000
Premium/Discount to List
-$26,000
-7.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,604
Avg. Annual Appreciation
9.39%
Original Mortgage
$124,030
Outstanding Balance
$110,740
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$448,115
Purchase Details
Listed on
Jun 13, 2018
Closed on
Nov 21, 2018
Sold by
Eyermann Donald L
Bought by
Marques Properties 5 L L C
Seller's Agent
Michael Brown
Long Realty Company
Buyer's Agent
Joseph Ackerman
ProSmart Realty
List Price
$335,000
Sold Price
$309,000
Premium/Discount to List
-$26,000
-7.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,030
Outstanding Balance
$110,740
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$448,115
Purchase Details
Listed on
Jul 14, 2016
Closed on
Nov 23, 2016
Sold by
Nietert Paulson V
Bought by
Eyermann Donald L
Seller's Agent
Fred Weaver Iv
eXp Realty
Buyer's Agent
Michael Brown
Long Realty Company
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$237,590
Interest Rate
3.52%
Mortgage Type
VA
Purchase Details
Closed on
Apr 28, 2006
Sold by
Nietert Paulson V
Bought by
Nietert Paulson V
Purchase Details
Closed on
May 19, 2005
Sold by
Sandhu Rajwinderpal Singh and Sandhu Meeta
Bought by
Nietert Paulson V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 23, 2004
Sold by
Sandhu Rajwinder Singh and Sandhu Meeta K
Bought by
Evp3 Llc
Purchase Details
Closed on
Oct 11, 2003
Sold by
Mills Joyce
Bought by
Sandhu Rajwinder Singh and Sandhu Meeta K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,920
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2002
Sold by
Mills Thomas B
Bought by
Mills Joyce
Purchase Details
Closed on
Dec 18, 2001
Sold by
Mills Joyce Germaine
Bought by
Mills Thomas B
Purchase Details
Closed on
Feb 13, 1997
Sold by
Bissar Saadi J
Bought by
Bissar Saadi J
Purchase Details
Closed on
Oct 25, 1993
Sold by
Mcevilly Louise A
Bought by
Bissar Saadi J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Empire West Title Agency Llc | |
| Warranty Deed | $309,000 | Empire West Title Agency Llc | |
| Warranty Deed | $230,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $270,000 | Fidelity National Title Agen | |
| Joint Tenancy Deed | -- | Fidelity National Title Agen | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $204,900 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $162,500 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | United Title Agency | |
| Warranty Deed | $62,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,030 | New Conventional | |
| Previous Owner | $237,590 | VA | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $163,920 | New Conventional | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $43,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $309,000 | -7.8% | $97 / Sq Ft |
| 10/31/2018 10/31/18 | For Sale | $335,000 | 0.0% | $105 / Sq Ft |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- |
| 09/03/2018 09/03/18 | Price Changed | $335,000 | +1.5% | $105 / Sq Ft |
| 06/13/2018 06/13/18 | For Sale | $330,000 | +43.5% | $103 / Sq Ft |
| 11/30/2016 11/30/16 | Sold | $230,000 | +2.2% | $72 / Sq Ft |
| 10/26/2016 10/26/16 | Pending | -- | -- | -- |
| 09/21/2016 09/21/16 | For Sale | $225,000 | 0.0% | $70 / Sq Ft |
| 09/11/2016 09/11/16 | Pending | -- | -- | -- |
| 07/14/2016 07/14/16 | For Sale | $225,000 | -- | $70 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,675 | $22,670 | -- | -- |
| 2024 | $1,649 | $23,595 | -- | -- |
| 2023 | $1,649 | $17,689 | $5,573 | $12,116 |
| 2022 | $1,581 | $25,256 | $8,360 | $16,896 |
| 2021 | $1,610 | $24,120 | $0 | $0 |
| 2020 | $1,569 | $20,441 | $0 | $0 |
| 2019 | $1,505 | $19,773 | $0 | $0 |
| 2018 | $1,304 | $9,425 | $0 | $0 |
| 2017 | $1,351 | $9,577 | $0 | $0 |
| 2016 | $1,481 | $9,547 | $1,100 | $8,447 |
| 2014 | -- | $8,206 | $1,100 | $7,106 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Brown
-
Joseph Bennett
Seller Co-Listing Agent in 2018
Joseph Bennett
Long Realty Company
(480) 283-7046
15 Total Sales
-
Buyer's Agent in 2018
Joseph Ackerman
ProSmart Realty
-
Buyer Co-Listing Agent in 2018
Fred Hackett
DeLex Realty
-
F
Buyer Co-Listing Agent in 2018
Fred N Hackett
RE/MAX Professionals
-
Fred Weaver Iv
Seller's Agent in 2016
Fred Weaver Iv
eXp Realty
(888) 897-7821
71 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5470401
APN: 102-22-130
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.
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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