NOT LISTED FOR SALE

1998 S Monterey Dr Apache Junction, AZ 85120

Estimated Value: $508,000 - $592,000

-- Bed
4 Baths
728 Sq Ft
$749/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $519,000 $713 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,032/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of December 2021

Property consists of two (2) duplexes with a center courtyard and a covered parking structure. Each unit has a private fenced yard and laundry hook ups. Community laundry room currently being used exclusively by tenant in unit 2. Sheds are tenant's personal property and do not convey. All units are leased until spring 2022. Owner pays water/sewer/trash/landscape. Tenant pays electric/cable.

DRIVE BY ONLY. DO NOT DISTURB TENANTS. INSPECTIONS/SHOWINGS AFTER OFFER ACCEPTANCE.

Last Agent to Sell the Property

Lisa Freidhof

De Clair Advantage Real Estate License #BR113551000 Listed on: 10/29/2021

Last Buyer's Agent

Danielle Walko

Better Homes & Gardens Real Estate SJ Fowler License #SA690261000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1980

Lot Details

  • 0.32

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Superstition Mountain Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 126
  • Assessor Parcel Number 102-22-126

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 18.98x163.89x16.98x25.51x116.06x126.83x21.21
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $9,637
  • Gross Income $28,800
  • Net Operating Income $20,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Idaho & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2021
  • Directions: N to 20th Ave, W to Monterey...property is where 20th Ave and Monterey meet.
  • Road Frontage Type: Alley
  • Road Surface Type: Dirt, Asphalt
  • Professional Management Expense: 1400.0
  • Subdivision Name: SUPERSTITION VILLA
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 2412.0

Schools

  • Elementary School: Superstition Mountain Elementary School
  • 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: 18.98x163.89x16.98x25.51x116.06x126.83x21.21
  • Additional Parcels: No
  • Parcel #: 102-22-126

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Insurance Expense: 1065.0
  • Maintenance Expense: 2200.0
  • Property Net Operating Income: 20923.0
  • Annual Operating Expense: 9637.0

Tax Info

  • Tax Annual Amount: 1760.0
  • Tax Book Number: 102.00
  • Tax Lot: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 19, 2021
Sold by
Carroll Leonard James and Carroll Laura
Bought by
Romero Blas
Seller's Agent
Lisa Freidhof
De Clair Advantage Real Estate
Buyer's Agent
Danielle Walko
Better Homes & Gardens Real Estate SJ Fowler
List Price
$519,000
Sold Price
$519,000
Current Estimated Value
$545,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,064
Avg. Annual Appreciation
1.16%
Original Mortgage
$389,250
Outstanding Balance
$361,576
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$180,616

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 14, 2021
Sold by
Leonard And Laura Carroll Trust
Bought by
Romero Blas
Seller's Agent
Lisa Freidhof
De Clair Advantage Real Estate
Buyer's Agent
Danielle Walko
Better Homes & Gardens Real Estate SJ Fowler
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Outstanding Balance
$361,576
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$180,616

Purchase Details

Closed on
Sep 29, 2004
Sold by
Buckley Michael and Buckley Julie
Bought by
Carroll Leonard James and Carroll Laura

Purchase Details

Closed on
Apr 8, 2002
Sold by
Buckley Julie
Bought by
Buckley Michael and Buckley Julie

Purchase Details

Closed on
Jan 31, 2002
Sold by
Buckley Julie
Bought by
Buckley Julie
Source: Public Records

Range of Values:

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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
Romero Blas $519,000 Empire Title Agency
Romero Blas $519,000 New Title Company Name
Carroll Leonard James $180,000 Old Republic Title Agency
Buckley Michael -- --
Buckley Julie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Blas $389,250
Closed Romero Blas $389,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $519,000 0.0% $713 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $519,000 -- $713 / 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 $1,831 $34,826 -- --
2024 $1,728 $34,200 -- --
2023 $1,802 $21,823 $0 $0
2022 $1,728 $19,154 $8,284 $10,870
2021 $1,760 $18,590 $0 $0
2020 $1,715 $18,485 $0 $0
2019 $1,645 $18,321 $0 $0
2018 $1,612 $10,303 $0 $0
2017 $1,675 $10,473 $0 $0
2016 $1,647 $10,474 $1,100 $9,374
2014 -- $9,123 $1,100 $8,023
Source: Public Records

Agents Affiliated with this Home

  • Lisa Freidhof

    Seller's Agent in 2021

    Lisa Freidhof

    De Clair Advantage Real Estate

    (602) 618-2290

    3 in this area

    8 Total Sales

    Lisa Freidhof
    Section Image
  • Danielle Walko

    Buyer's Agent in 2021

    Danielle Walko

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 465-8965

    6 in this area

    28 Total Sales

    Danielle Walko
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6314508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-126

Arizona Pinal County Apache Junction 85120

1998 S Monterey Dr, Apache Junction, AZ

This home is located at 1998 S Monterey Dr, Apache Junction, AZ 85120 since 29 October 2021 and is currently estimated at $545,064, approximately $748 per square foot. This property was built in 1980. 1998 S Monterey Dr is a home located in Pinal County with nearby schools including Desert Vista 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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