$173,500
SOLD MAR 28, 2014

2061 S Apache Dr Apache Junction, AZ 85120

-- Bed
-- Bath
750 Sq Ft
10,411 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

6% Below List Price

210 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of December 2020

Great 4 plex in a very nice area of AJ.
(4) 2 bedroom 1 bath units. Tile floors throughout with Washer and dryer inside. Tenants PAY all utilities. Owner pays garbage.
All units occupied and have been with long term tenants. Rents average $545 a month.

Last Agent to Sell the Property

Peter Ellefson

EPL Realty Group, LLC License #BR528982000

Last Buyer's Agent

Cory Pace

EPL Realty Group, LLC License #SA646406000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Apache Junction High Elementary And Middle School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • Building Dimensions are 00x000
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $4,418
  • Gross Income $104,640
  • Net Operating Income $22,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: N ON IDAHO, E ON SOUTHERN,
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: res
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2012
  • Directions: US 60/IDAHO Directions: N ON IDAHO, E ON SOUTHERN,(2 BLOCKS) N ON APACHE DRIVE TO PROPERTY ON EAST SIDE
  • Road Surface Type: Asphalt
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Trash Expense: 1200.0

Schools

  • Elementary School: Apache Junction High School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Apache Junction High School

Lot Info

  • Lot Size: 00x000
  • Additional Parcels: No
  • Parcel #: 102-22-299

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 104640.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 22512.0
  • Annual Operating Expense: 4418.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1818.0
  • Tax Block: 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%
Total Days on Market
210
Current Estimated Value
$551,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,826
Avg. Annual Appreciation
8.38%
Original Mortgage
$362,460
Interest Rate
2.8%
Mortgage Type
FHA

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
$44,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.01%
Mortgage Type
Unknown

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

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $378,000 Millennium Title Agency Llc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $173,500 Lawyers Title Of Arizona Inc
Cash Sale Deed $73,000 The Talon Group Mesa Springs
Trustee Deed $108,000 None Available
Joint Tenancy Deed $270,000 Pioneer Title Agency Inc
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,495 FHA
Closed $362,460 FHA
Previous Owner $44,000 Unknown
Previous Owner $130,125 New Conventional
Previous Owner $135,000 Unknown
Previous Owner $35,000 Unknown
Previous Owner $45,000 Unknown
Previous Owner $272,000 Balloon
Previous Owner $220,000 Seller Take Back
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4983069

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-299

Arizona Pinal County Apache Junction 85120

2061 S Apache Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2061 S Apache Dr, Apache Junction, AZ 85120 and is currently priced at $173,500, approximately $231 per square foot. This property was built in 1982. 2061 S Apache 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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