NOT LISTED FOR SALE

2185 S Apache Dr Apache Junction, AZ 85120

Estimated Value: $526,000 - $689,000

-- Bed
-- Bath
3,136 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $435,000 $139 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,321/month

17 Days on Market

About This Home

As of January 2021

Great location near the 60 with 3 units having private backyards. The building was taken off septic and connected to city Sewer in 2016. 1 AC unit replaced in 2017 and one in 2016. Units have newer cabinets and granite counters. Exterior of building to be painted in the next few weeks. Great investment potential with the ability to raise rents to current market value of $1000 a month

Last Listed By

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 10/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 1982

Lot Details

  • 10,237

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Tax Lot 303
  • Assessor Parcel Number 102-22-303

Community Details

Overview

  • 4 Units
  • Building Dimensions are 130 x 80
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $10,526
  • Gross Income $44,460
  • Net Operating Income $33,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,326

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: IDAHO & SOUTHERN
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2020
  • Directions: West to Apache Dr. North to property on corner of Apache Dr and 22nd Ave
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2000.0
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: 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
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: 130 x 80
  • Additional Parcels: No
  • Parcel #: 102-22-303

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 44460.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 33934.0
  • Annual Operating Expense: 10526.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1326.0
  • Tax Book Number: 102.00
  • Tax Lot: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Jan 8, 2021
Sold by
Moore Alysia Rae and Moore Joshua Charles
Bought by
Moore And Moore Properties Llc
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Richard Ashby
Ashby Realty Group, LLC
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Total Days on Market
17
Current Estimated Value
$603,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,554
Avg. Annual Appreciation
7.88%
Original Mortgage
$326,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 19, 2020
Sold by
Rambutan Holdings Llc
Bought by
Moore Alysia Rae and Moore Joshua Charles
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Richard Ashby
Ashby Realty Group, LLC
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Reltso Llc
Bought by
Rambutan Holdings Llc

Purchase Details

Closed on
Mar 14, 2011
Sold by
Blanco Adolfo and Blanco Veronica O
Bought by
Reltso Llc

Purchase Details

Closed on
Feb 26, 2002
Sold by
Holdman Jesse R
Bought by
Blanco Adolfo and Blanco Veronica O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.8%
Mortgage Type
Seller Take Back

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
Moore And Moore Properties Llc -- Fidelity Natl Ttl Agcy Inc
Moore Alysia Rae $435,000 Fidelity Natl Ttl Agcy Inc
Rambutan Holdings Llc -- None Available
Reltso Llc $69,642 None Available
Blanco Adolfo $178,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Alysia Rae $326,250
Previous Owner Blanco Adolfo $193,600
Previous Owner Blanco Adolfo $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $435,000 -8.4% $139 / Sq Ft
12/31/2020 12/31/20 Price Changed $475,000 0.0% $151 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $475,000 -- $151 / 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 $22,129 -- --
2024 $1,336 $22,161 -- --
2023 $1,393 $15,730 $6,149 $9,581
2022 $1,336 $20,980 $6,149 $14,831
2021 $1,361 $20,011 $0 $0
2020 $1,326 $16,698 $0 $0
2019 $1,271 $16,112 $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

  • Brickman Allen

    Seller's Agent in 2021

    Brickman Allen

    Tradelands Realty

    (480) 620-8437

    1 in this area

    32 Total Sales

    Brickman Allen
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Ashby

    Ashby Realty Group, LLC

    (602) 330-4664

    2 in this area

    129 Total Sales

    Richard Ashby
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6148021

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-303

Arizona Pinal County Apache Junction 85120

2185 S Apache Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2185 S Apache Dr, Apache Junction, AZ 85120 since 17 October 2020 and is currently estimated at $603,554, approximately $192 per square foot. This property was built in 1982. 2185 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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