1944 S Monterey Dr Apache Junction, AZ 85120
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.
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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
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 |
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 |
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 |
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: 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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