$775,000
SOLD JUN 20, 2022

2155 S Apache Dr Apache Junction, AZ 85120

-- Bed
-- Bath
3,136 Sq Ft
9,757 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

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

About This Home

As of June 2022

Incredible 4-Plex investment opportunity close to the US-60 in Apache Junction. Neighboring 4-Plex 2125 also for sale by same owner! All units are 2 bedrooms/1 bathroom, individual laundry rooms in each unit, and all units have exterior storage rooms. Three single level units have private , enclosed patios. Unit 3 renovated in 2021, full ext paint in 2020, new roof installed 2019, staircase replaced in 2020, fence installed in 2020. Rents: 2 @ $1,250.00, 3 @ $1,250.00, 4 @ $893.15 - room to increase rents in unit 4 at lease expiration! Unit 1 lease expires 05/31 and will be listed at approx. $1,250.00 06/2022. All units individually metered for electric - tenant pays. Professionally managed! 12 month leases! Qualifies for residential financing! **DO NOT DISTURB TENANTS; DRIVE-BY ONLY

Last Agent to Sell the Property

Celeste Hernandez

Century 21 Arizona Foothills License #SA681156000

Last Buyer's Agent

Daniel Cruz

Unknown Office Name: none License #SA689062000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1982

Home Design

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

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for trash collection, sewer
  • Tax Lot 302
  • Assessor Parcel Number 102-22-302

Community Details

Overview

  • 4 Units
  • Building Dimensions are 75.27 x 129.71
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $4,686
  • Gross Income $55,718
  • Net Operating Income $51,031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,416

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Idaho Rd and Southern Ave
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2021
  • Directions: West on Southern Ave from Idaho Rd, North on Apache Dr, Continue past 22nd Ave, second building on East side of Apache Dr.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 3270.37
  • Subdivision Name: SUPERSTITION VILLA
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Brick Veneer, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Heat Pump, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 75.27 x 129.71
  • Additional Parcels: No
  • Parcel #: 102-22-302

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 55717.8
  • Property Net Operating Income: 51031.43
  • Annual Operating Expense: 4686.37

Tax Info

  • Tax Annual Amount: 1416.0
  • Tax Book Number: 102.00
  • Tax Lot: 302

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
27
Current Estimated Value
$691,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,277
Avg. Annual Appreciation
11.10%
Original Mortgage
$315,000
Outstanding Balance
$284,116
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$387,555

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 20, 2020
Sold by
Moffat William T and Moffat Deena M
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
$284,116
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$387,555

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2011
Sold by
Moffat Deena
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
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bank Of America National Association
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
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Jerome David Howard
Bought by
Bank Of America National Association

Purchase Details

Closed on
May 2, 2006
Sold by
Jerome David Howard
Bought by
Spin Off Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
9.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2006
Sold by
Jerome Elizabeth A
Bought by
Jerome David Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
9.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2004
Sold by
Jerome David H
Bought by
Spin Off Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2004
Sold by
Jerome Elizabeth Anne
Bought by
Jerome David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 1997
Sold by
Denick Kevin Thomas and Denick Nancy Jean
Bought by
Smyth Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,151
Interest Rate
7.57%
Mortgage Type
New Conventional

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
Special Warranty Deed -- Accommodation
Warranty Deed $420,000 Magnus Title Agency
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- Security Title Agency
Special Warranty Deed $82,000 Security Title Agency
Trustee Deed $100,000 None Available
Warranty Deed -- First American Title Insuran
Interfamily Deed Transfer -- First American Title Insuran
Warranty Deed -- First American Title Insuran
Warranty Deed -- --
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $61,500 New Conventional
Previous Owner $310,250 Fannie Mae Freddie Mac
Previous Owner $150,400 Adjustable Rate Mortgage/ARM
Previous Owner $136,600 Unknown
Previous Owner $109,151 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $775,000 -3.1% $247 / Sq Ft
04/04/2022 04/04/22 For Sale $800,000 +90.5% $255 / Sq Ft
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

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 $1,473 $21,591 -- --
2024 $1,390 $21,622 -- --
2023 $1,450 $15,422 $5,841 $9,581
2022 $1,390 $22,208 $5,841 $16,367
2021 $1,416 $21,114 $0 $0
2020 $1,379 $17,453 $0 $0
2019 $1,323 $16,867 $0 $0
2018 $1,296 $8,711 $0 $0
2017 $1,262 $8,521 $0 $0
2016 $1,231 $7,779 $1,100 $6,679
2014 $1,235 $7,222 $1,100 $6,122
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6378221

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-302

Arizona Pinal County Apache Junction 85120

2155 S Apache Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2155 S Apache Dr, Apache Junction, AZ 85120 and is currently priced at $775,000, approximately $247 per square foot. This property was built in 1982. 2155 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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