NOT LISTED FOR SALE

2061 S Apache Dr Apache Junction, AZ 85120

Estimated Value: $376,000 - $629,000

-- Bed
4 Baths
750 Sq Ft
$690/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $375,000 $500 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,856/month

122 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of December 2020

LOW RENTS Plenty of room to raise rents.
Owner wants to do a 1031 Exchange
TENANTS PAY WATER AND ELECTRIC

Last Agent to Sell the Property

Alex Thomas

EPL Realty Group, LLC License #SA658146000 Listed on: 06/18/2020

Co-Listed By

Peter Ellefson

EPL Realty Group, LLC License #BR528982000

Last Buyer's Agent

Mark Palacio

Citiea License #SA549384000

Citiea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1982

Lot Details

  • 10,411

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV, landscaping
  • The owner pays for sewer
  • Tax Lot 299
  • Assessor Parcel Number 102-22-299

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $4,653
  • Gross Income $30,600
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: US 60/IDAHO
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: N ON IDAHO, E ON SOUTHERN,(2 BLOCKS) N ON APACHE DRIVE TO PROPERTY ON EAST SIDE
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: eplr01
  • Co List Office Phone: 480-831-1731
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1000.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 102-22-299

Multi Family

  • Owner Pays: See Remarks, Sewer
  • Tenant Pays: See Remarks, Gas, Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 30600.0
  • Annual Operating Expense: 4653.0

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Book Number: 102.00
  • Tax Lot: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Nov 30, 2020
Sold by
Pace Cory A
Bought by
Marsden Christopher John and Marsden Danielle
Seller's Agent
Alex Thomas
EPL Realty Group, LLC
Buyer's Agent
Mark Palacio
Citiea
List Price
$405,000
Sold Price
$375,000
Premium/Discount to List
-$30,000
-7.41%
Current Estimated Value
$517,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,273
Avg. Annual Appreciation
6.78%
Original Mortgage
$362,460
Outstanding Balance
$323,273
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$194,000

Purchase Details

Listed on
Aug 14, 2013
Closed on
Mar 20, 2014
Sold by
Pace Kristie L and Pace Cory A
Bought by
Pace Cory A
Seller's Agent
Peter Ellefson
EPL Realty Group, LLC
Buyer's Agent
Cory Pace
EPL Realty Group, LLC
List Price
$185,000
Sold Price
$173,500
Premium/Discount to List
-$11,500
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$130,125
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2010
Sold by
First Bank
Bought by
745 S Morris Circle Llc

Purchase Details

Closed on
Jun 16, 2009
Sold by
Sosa Jose and Ceja Rosa M
Bought by
First Bank

Purchase Details

Closed on
Nov 18, 2005
Sold by
Johnson Pamela Sue and Hardt Pamela Sue
Bought by
Sosa Jose and Ceja Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 1999
Sold by
Hodges Steven A and Hodges Leona
Bought by
Hardt Pamela Sue
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marsden Christopher John $378,000 Millennium Title Agency Llc
Pace Cory A -- Lawyers Title Of Arizona Inc
Pace Cory A $173,500 Lawyers Title Of Arizona Inc
745 S Morris Circle Llc $73,000 The Talon Group Mesa Springs
First Bank $108,000 None Available
Sosa Jose $270,000 Pioneer Title Agency Inc
Hardt Pamela Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsden Christopher John $362,460
Previous Owner Pace Cory A $130,125
Previous Owner Sosa Jose $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2020 12/03/20 Sold $375,000 -5.1% $500 / Sq Ft
08/07/2020 08/07/20 Price Changed $395,000 -2.5% $527 / Sq Ft
06/18/2020 06/18/20 For Sale $405,000 +133.4% $540 / Sq Ft
03/28/2014 03/28/14 Sold $173,500 -6.2% $231 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
08/14/2013 08/14/13 For Sale $185,000 -- $247 / 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 $1,617 $23,070 -- --
2024 $1,526 $23,085 -- --
2023 $1,592 $16,478 $6,247 $10,231
2022 $1,526 $23,297 $6,247 $17,050
2021 $1,554 $22,177 $0 $0
2020 $1,515 $18,454 $0 $0
2019 $1,453 $17,775 $0 $0
2018 $1,423 $9,099 $0 $0
2017 $1,408 $8,808 $0 $0
2016 $1,391 $8,816 $1,100 $7,716
2014 $1,393 $8,147 $1,100 $7,047
Source: Public Records

Agents Affiliated with this Home

  • Alex Thomas

    Seller's Agent in 2020

    Alex Thomas

    EPL Realty Group, LLC

    (480) 420-6679

    4 in this area

    32 Total Sales

    Alex Thomas
    Section Image
  • Peter Ellefson

    Seller Co-Listing Agent in 2020

    Peter Ellefson

    EPL Realty Group, LLC

    (602) 434-2193

    3 in this area

    28 Total Sales

    Peter Ellefson
    Section Image
  • Mark Palacio

    Buyer's Agent in 2020

    Mark Palacio

    Citiea

    (602) 770-0292

    2 in this area

    67 Total Sales

    Mark Palacio
    Section Image

  • C

    Buyer's Agent in 2014

    Cory Pace

    EPL Realty Group, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6092524

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-299

Arizona Pinal County Apache Junction 85120

2061 S Apache Dr, Apache Junction, AZ

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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