NOT LISTED FOR SALE

2114 W Apache Trail Apache Junction, AZ 85120

Estimated Value: $1,552,606

-- Bed
-- Bath
12,601 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,625,000 $129 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,446/month

1,540 Days on Market

Highlights

  • 0.52 Acre Lot
  • Elevator
  • Heating Available
  • Wood Flooring
  • Central Air

About This Home

As of April 2022

This two-story mixed use building has commanding views and terrific signage opportunities all located on the busiest roadway in Apache Junction. It has 12,000 sf of leasable space. The owners recently renovated several suites and all have now been built out and are move-in ready. Each includes a finished restroom and all suites are individually metered for electricity and have separate HVAC systems. Concrete tilt-up construction makes this property perfect for minimizing maintenance. Three stairways and an Otis elevator provide easy access for tenants and customers to the second floor. Current and past tenants have included retail, service and office uses. Perfect building for a commercial investor or owner operator looking for a premium location in the far east valley.

Last Listed By

Scott Bartlowe

Better Homes & Gardens Real Estate SJ Fowler License #BR573483000 Listed on: 04/20/2022

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $22,326

Year Built

  • Built in 2006

Lot Details

  • 0.52 Acre Lot
  • Property is zoned B-2/PD

Home Design

  • 12,601 Sq Ft Home
  • Tilt Up Walls
  • Foam Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete
  • Vinyl

Parking

  • 32 Open Parking Spaces
  • 32 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 101-03-002-C

Community Details

Overview

  • Building Dimensions are 174 X 130
  • Cayton Subdivision

Amenities

  • Elevator

Building Details

  • Operating Expense $33,981
  • Gross Income $125,400
  • Net Operating Income $102,164

Property Details

Property Type

Other

Est. Annual Taxes

$22,326

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: US 60 and Ironwood Drive
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: B-2/PD
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2018
  • Directions: From US 60 East take Ironwood North to Apache Trail turn left (West) onto Apache Trail and proceed east (approx .3 Miles) to property, on the NEC of Apache Trail and Ocotillo Dr.
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: CAYTON SUBDIVISION
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Wood, Concrete
  • Living Area: 12601.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Tilt-Up, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 32.0
  • Total Parking Spaces: 32.0
  • General Property Description:Uncvrd Parking Spcs: 32.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Public Elevator(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Fee Information

  • Trash Expense: 1433.0
  • Annual Water Sewer Expense: 4441.0

Lot Info

  • Lot Size: 174 X 130
  • Lot Size Sq Ft: 22750.0
  • Parcel #: 101-03-002-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1243.0
  • Annual Gross Income: 125400.0
  • Insurance Expense: 2678.0
  • Maintenance Expense: 1860.0
  • Property Net Operating Income: 102164.0
  • Annual Operating Expense: 33981.0
  • Vacancy Allowance Rate: 0.24

Tax Info

  • Tax Annual Amount: 22326.0
  • Tax Book Number: 101.00
  • Tax Lot: 4
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2013
Sold by
Burnand Robert J
Bought by
2114 West Apache Trail Llc
Total Days on Market
1540
Current Estimated Value
$1,552,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Outstanding Balance
$372,665
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$1,179,941

Purchase Details

Closed on
Jun 19, 2013
Sold by
2114 West Apache Trail Llc
Bought by
Skoubis Evangelos and Skoubis George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Outstanding Balance
$372,665
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$1,179,941

Purchase Details

Closed on
Feb 6, 2004
Sold by
Tuchman Gloria F
Bought by
Ocotillo Apache Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1997
Sold by
Dolan Robert J and Callaghan Daniel J
Bought by
Matta Manuel N

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 Buyer Sale Price Title Company
2114 West Apache Trail Llc $685,000 Great American Title Agency
Skoubis Evangelos -- Great Amer Title Agency Inc
Ocotillo Apache Center Llc $110,000 First American Title Insuran
Matta Manuel N $90,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2114 West Apache Trail Llc $513,750
Previous Owner Ocotillo Apache Center Llc $1,380,000
Previous Owner Ocotillo Apache Center Llc $88,500
Closed Ocotillo Apache Center Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $1,625,000 0.0% $129 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
08/01/2021 08/01/21 For Sale $1,625,000 0.0% $129 / Sq Ft
08/01/2021 08/01/21 Off Market $1,625,000 -- --
05/17/2021 05/17/21 For Sale $1,625,000 0.0% $129 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
07/20/2020 07/20/20 Price Changed $1,625,000 -4.4% $129 / Sq Ft
01/20/2020 01/20/20 Price Changed $1,699,000 -1.5% $135 / Sq Ft
07/31/2019 07/31/19 Price Changed $1,725,000 +4.6% $137 / Sq Ft
07/31/2019 07/31/19 For Sale $1,649,000 +1.5% $131 / Sq Ft
07/31/2019 07/31/19 Off Market $1,625,000 -- --
07/23/2019 07/23/19 Sold $650 -100.0% $0 / Sq Ft
02/01/2019 02/01/19 Price Changed $1,649,000 -3.0% $131 / Sq Ft
08/20/2018 08/20/18 For Sale $1,700,000 +4.6% $135 / Sq Ft
08/17/2018 08/17/18 Off Market $1,625,000 -- --
07/05/2018 07/05/18 Price Changed $750 +25.0% $0 / Sq Ft
06/15/2018 06/15/18 For Sale $600 -100.0% $0 / Sq Ft
10/16/2017 10/16/17 For Sale $1,700,000 -- $135 / 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 $22,065 -- -- --
2024 $22,088 -- -- --
2023 $22,380 $178,057 $32,760 $145,297
2022 $22,088 $164,651 $24,570 $140,081
2021 $23,871 $170,737 $0 $0
2020 $23,757 $171,745 $0 $0
2019 $22,790 $167,360 $0 $0
2018 $22,326 $158,313 $0 $0
2017 $21,735 $168,135 $0 $0
2016 $21,201 $21,613 $21,613 $21,613
2014 $22,256 $77,887 $11,375 $66,512
Source: Public Records

Agents Affiliated with this Home

  • Scott Bartlowe

    Seller's Agent in 2022

    Scott Bartlowe

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    9 in this area

    41 Total Sales

    Scott Bartlowe
    Section Image
  • Suzanne Dye

    Seller Co-Listing Agent in 2022

    Suzanne Dye

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 688-4716

    8 in this area

    45 Total Sales

    Suzanne Dye
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5676095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-03-002C

Arizona Pinal County Apache Junction 85120

2114 W Apache Trail, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2114 W Apache Trail, Apache Junction, AZ 85120 since 20 April 2022 and is currently estimated at $1,552,606, approximately $123 per square foot. This property was built in 2006. 2114 W Apache Trail is a home located in Pinal County with nearby schools including Four Peaks 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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