$410,000
SOLD JUN 29, 2012

204 N Cactus Rd Apache Junction, AZ 85119

15 Beds
13 Baths
1,135 Sq Ft
1973 Built

Recently Sold

$361 Per Sq Ft

9% Below List Price

53 Days on Market

Highlights

  • Wood Flooring
  • Shuffleboard Court
  • Community Barbecue Grill
  • Heated Community Pool
  • Multiple cooling system units
  • Individual Controls for Heating

About This Home

As of March 2024

This is a 13 unit community on 2.5 acres in a park like setting. It consists of 4 duplexes, 1 fourplex, a manufactured home, freestanding laundry and a pool. There are development plans for the vacant portion of the lot that include an additional fourplex and additions on several duplexes . The current owner has renovated the property and it is fully rented with most tenants on long-term leases. There are several units with leases expiring soon which should provide an opportunity for increases in monthly rents. Income and expenses are actual and supplied by the owner. Assessor address is 204 N Cactus Rd. Street and Postal address is 288 N Cactus.

Last Agent to Sell the Property

Scott Bartlowe

Better Homes & Gardens Real Estate SJ Fowler License #BR573483000 Listed on: 02/27/2012

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Charles Duck

Blackwing Real Estate License #BR577367000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Siding
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Wood
  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Schools

  • Four Peaks Elementary School - Apache Junction
  • Apache Junction High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for cable TV, electric, pool/spa maintenance, trash collection, water

Community Details

Overview

  • $3,798 per year Dock Fee
  • 13 Units
  • Building Dimensions are 330 X 330

Recreation

  • Shuffleboard Court
  • Heated Community Pool

Additional Features

  • Community Barbecue Grill
  • Insurance Expense $1,336

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Municipality: Apache Junction
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted, Siding, Stucco
  • Cross Street: Apache Trail and Idaho Road
  • Floors: Carpet, Ceramic Tile, Wood
  • Roads Streets: Asphalt, Dedicated Street
  • Property Type: F
  • Marketing Name: Mountain View Villas
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 13.00
  • Map Code Grid: R44
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: From Idaho and Apache Trail proceed north to Junction St. Turn right(east) and proceed to Cactus Road. Turn left (north) and proceed to Roosevelt St. Property is on the NWC corner of intersection.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Mini Blinds, Unfurnished

Exterior Features

  • Exterior Amenities: Cable TV Available, Desert Landscaping, Partially Fenced, Patio/Balcony, RV/Boat Parking, Satellite Dish, Separate Storage
  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Parking: <1 Space Per Unit, Free, Paved Parking
  • Total Parking Spaces: 13.00

Utilities

  • Water: Community Franchise
  • Electric: Individual Meter, SRP
  • Cooling: 2 or More Units, Ceiling Fan(s), Electric, Individual, Window/Wall Unit
  • Heating: Electric, Individual

Condo/Co-op/Association

  • Community Amenities: Barbecue, Pool, Shuffle Brd/Lawn Bwl

Schools

  • Elementary School: Four Peaks Elementary School - Apache Junction
  • Middle School: Cactus Canyon Junior High
  • High School: Apache Junction High School
  • Elementary School: Four Peaks Elementary School - Apache Junction
  • High School: Apache Junction High School
  • Junior High School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 330 X 330

Multi Family

  • Income And Expenses Adjusted Gross Inc: 63708.00
  • Income And Expenses Annual Elec Exp: 2760.00
  • Income And Expenses Annual Ins Exp: 1336.00
  • Income And Expenses Annual Maint Exp: 3640.00
  • Income And Expenses Annual Other Expense: 2640.00
  • Income And Expenses Annual Trash Exp: 1800.00
  • Income And Expenses Annual Water Sewer Exp: 1920.00
  • Income And Expenses Gross Annual Sch Inc: 62988.00
  • Income And Expenses Net Operating Income: 45818.00
  • Income And Expenses Operating Exp: 17894.00
  • Income And Expenses Other Income: 720.00
  • Income And Expenses Totl Mnth Rntal Inc: 5249.00
  • Number Of One Bedroom Units: 11
  • Number Of Two Bedroom Units: 2
  • One Bedroom Units Avg Rent: 379.00
  • One Bedroom Units Avg Sq Ft: 460
  • One Bedroom Units Baths: 1
  • Owner Pays: Cable TV, Electric, Pool/Spa Maintenance, Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 8
  • Total Numberof Units: 13.00
  • Two Bedroom Units Avg Rent: 538.00
  • Two Bedroom Units Avg Sq Ft: 675
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 3798.00

Range of Values:

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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 Change Sq Ft Price
03/29/2024 03/29/24 Sold $1,300,000 -13.3% $1,145 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $1,500,000 +265.9% $1,322 / Sq Ft
06/29/2012 06/29/12 Sold $410,000 -8.8% $361 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $449,500 -- $396 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Chantel Gutierrez-Davis

    Perk Prop Real Estate

  • Jackson Everhart

    Buyer's Agent in 2024

    Jackson Everhart

    Orion Investment Real Estate

    (480) 634-6934

    1 in this area

    24 Total Sales

    Jackson Everhart
    Section Image
  • Scott Bartlowe

    Seller's Agent in 2012

    Scott Bartlowe

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    8 in this area

    37 Total Sales

    Scott Bartlowe
    Section Image

  • C

    Buyer's Agent in 2012

    Charles Duck

    Blackwing Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4722135

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Pinal County Apache Junction 85119

204 N Cactus Rd, Apache Junction, AZ

This home is located at 204 N Cactus Rd, Apache Junction, AZ 85119 and is currently priced at $410,000, approximately $361 per square foot. This property was built in 1973. 204 N Cactus Rd 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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