NOT LISTED FOR SALE

2125 S Apache Dr Apache Junction, AZ 85120

Estimated Value: $594,013

-- Bed
-- Bath
3,136 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $420,000 $134 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,411/month

62 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heat Pump System
  • Central Air

About This Home

As of November 2020

4-PLEX close to US60 & community college. Neighboring 4-PLEX 2155 ALSO FOR SALE. All 2 bed 1 bath, interior laundry hook ups, private locking exterior storage room. Three lower units have individual private back yard. New exterior paint 2020, new roof 2019, new staircase 2020, new fence 2018, newer A/C units, new sunscreens 2020, Smart locks on all exterior doors for easy inexpensive lock changes. Rents: 1 @ $625, 2 @ $650 1 @ $700 + each tenant pays additional $50 monthly for water/sewer/trash. Room to increase rents. Tenants pay power. City sewer, low maintenance landscape. GREAT INVESTMENT! Professionally managed Easy to keep rented. 12 month leases 100% occupied, many long term tenants. Buyer to verify all facts and figures. Do not disturb tenants showings during escrow. Owner/Agent

Last Listed By

Deena Moffat

HomeSmart Lifestyles License #SA584058000 Listed on: 09/05/2020

HomeSmart Lifestyles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1982

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Apache Junction High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 301
  • Assessor Parcel Number 102-22-301

Community Details

Overview

  • 4 Units
  • Building Dimensions are 80.28 x 119.83 x 63.07 x 102.71
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $9,436
  • Gross Income $33,900
  • Net Operating Income $25,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,271

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Idaho & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: From US HWY60 turn North on Idaho, Left at Southern, right on S. Apache Dr to 4-Plex on right.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 3120.0
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Brick Veneer, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 2700.0

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 80.28 x 119.83 x 63.07 x 102.71
  • Additional Parcels: No
  • Parcel #: 102-22-301

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 33900.0
  • Insurance Expense: 1045.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 25435.0
  • Annual Operating Expense: 9436.0

Tax Info

  • Tax Annual Amount: 1271.0
  • Tax Book Number: 102.00
  • Tax Lot: 301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 23, 2020
Sold by
Hammons Holly Irene
Bought by
Double H Ventures Llc
Seller's Agent
Deena Moffat
HomeSmart Lifestyles
Buyer's Agent
Deena Moffat
HomeSmart Lifestyles
List Price
$429,995
Sold Price
$420,000
Premium/Discount to List
-$9,995
-2.32%
Total Days on Market
62
Current Estimated Value
$594,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,013
Avg. Annual Appreciation
7.78%
Original Mortgage
$315,000
Outstanding Balance
$285,374
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$300,822

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 20, 2020
Sold by
Moffat William T and The Mvp Investments Family Tru
Bought by
Hammons Holly Irene
Seller's Agent
Deena Moffat
HomeSmart Lifestyles
Buyer's Agent
Deena Moffat
HomeSmart Lifestyles
List Price
$429,995
Sold Price
$420,000
Premium/Discount to List
-$9,995
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$285,374
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$300,822

Purchase Details

Closed on
Oct 30, 2018
Sold by
Moffat William T
Bought by
The Mvp Investments Family Trust

Purchase Details

Closed on
Jul 13, 2011
Sold by
Rosen Stephan and Rosen Laura L
Bought by
Moffat William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2011
Sold by
Moffatt Deena
Bought by
Moffat William T

Purchase Details

Closed on
Oct 14, 2008
Sold by
Lac Lucia Investments Llc
Bought by
Rosen Stephan and Rosen Laura L

Purchase Details

Closed on
May 31, 2006
Sold by
Rosen Stephan and Rosen Laura L
Bought by
Lac Lucia Investments Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Hauser Mary
Bought by
Rosen Stephen and Rosen Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 8, 1999
Sold by
Miles Theodore J and Miles Darlene A
Bought by
Hauser Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,170
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1998
Sold by
Stoddard Roger D
Bought by
Miles Theodore J and Miles Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.61%
Mortgage Type
New Conventional

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
Double H Ventures Llc -- Accommodation
Hammons Holly Irene $420,000 Magnus Title Agency
The Mvp Investments Family Trust -- None Available
Moffat William T $82,000 Fidelity Natl Title Ins Co
Moffat William T -- Fidelity Natl Title Ins Co
Rosen Stephan -- None Available
Lac Lucia Investments Llc -- None Available
Rosen Stephen $281,000 First American Title Ins Co
Hauser Mary $131,300 Capital Title Agency
Miles Theodore J $110,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double H Ventures Llc $315,000
Closed Hammons Holly Irene $315,000
Previous Owner Moffat William T $61,500
Previous Owner Rosen Stephan $0
Previous Owner Rosen Stephen $224,800
Previous Owner Hauser Mary C $118,000
Previous Owner Hauser Mary $118,170
Previous Owner Miles Theodore J $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $420,000 -2.3% $134 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $429,995 0.0% $137 / Sq Ft
10/05/2020 10/05/20 Price Changed $429,995 +2.4% $137 / Sq Ft
09/05/2020 09/05/20 Off Market $420,000 -- --
08/07/2020 08/07/20 For Sale $424,995 -- $136 / 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 $1,415 $22,272 -- --
2024 $1,336 $22,303 -- --
2023 $1,393 $15,812 $0 $0
2022 $1,336 $21,062 $6,231 $14,831
2021 $1,361 $20,092 $0 $0
2020 $1,326 $16,780 $0 $0
2019 $1,271 $16,193 $0 $0
2018 $1,246 $7,963 $0 $0
2017 $1,243 $7,773 $0 $0
2016 $1,231 $7,779 $1,100 $6,679
2014 $1,235 $7,222 $1,100 $6,122
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Deena Moffat

    HomeSmart Lifestyles

    (480) 539-4775

    2 in this area

    6 Total Sales

    Section Image
  • Randy Erwin

    Buyer Co-Listing Agent in 2020

    Randy Erwin

    Century 21 Arizona Foothills

    (480) 505-4646

    2 in this area

    42 Total Sales

    Randy Erwin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6114022

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-301

Arizona Pinal County Apache Junction 85120

2125 S Apache Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2125 S Apache Dr, Apache Junction, AZ 85120 since 05 September 2020 and is currently priced at $594,013, approximately $189 per square foot. This property was built in 1982. 2125 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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