NOT LISTED FOR SALE

2512 S Yavapai Rd Apache Junction, AZ 85119

Estimated Value: $400,346 - $514,000

-- Bed
-- Bath
2,436 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $345,000 $142 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,601/month

2 Days on Market

Highlights

  • RV or Boat Parking
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring

About This Home

As of July 2021

Very large one bedroom units with fenced yards and a huge carport, on a residential side street. Approximately one minute drive to U.S. 60. Major improvements include new: electrical service ('13), all A/C systems ('14), roof ('18). 2021 rate of return projected to be 4.6% Rate of return, at market rents of $630/unit, projected to be 5.3%. No deferred maintenance nor rent related issues. All long term tenants. Owner may carry. Tenant in unit #3, in addition to rent, keeps exterior clean and trimmed, is responsible for minor labor associated with repairs in his unit and may be available for minor repairs/maintenance in other units, at a very reasonable rate.

Last Listed By

John Gordon

Coldwell Banker Realty License #BR009377000 Listed on: 05/21/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1980

Lot Details

  • 0.28

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 10 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • RV or Boat Parking

Schools

  • Peralta Trail Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Additional Features

  • Ceiling Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water
  • Tax Lot 1718
  • Assessor Parcel Number 102-27-217

Community Details

Overview

  • 3 Units
  • Building Dimensions are irregular
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $4,279
  • Gross Income $19,872
  • Net Operating Income $19,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,229

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Tomahawk & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: CR-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: US60 to Tomahawk, North on Tomahawk to 25th Ave, West on 25th to property at the corner of 25th and Yavapai.
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • 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: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Free, RV/Boat Parking, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 880.0

Schools

  • Elementary School: Peralta Trail Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 102-27-217

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 19872.0
  • Insurance Expense: 770.0
  • Maintenance Expense: 1400.0
  • Property Net Operating Income: 19872.0
  • Annual Operating Expense: 4279.0

Tax Info

  • Tax Annual Amount: 1229.0
  • Tax Book Number: 102.00
  • Tax Lot: 1718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 5, 2021
Sold by
Roebke Steven
Bought by
Striker 92 Llc
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Mike Ross
HomeSmart
List Price
$335,400
Sold Price
$345,000
Premium/Discount to List
$9,600
2.86%
Total Days on Market
2
Current Estimated Value
$449,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,587
Avg. Annual Appreciation
11.71%
Original Mortgage
$255,937
Outstanding Balance
$203,235
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$326,392

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 3, 2021
Sold by
Aj Properties No A Llc
Bought by
Roebke Steven M
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Mike Ross
HomeSmart
List Price
$335,400
Sold Price
$345,000
Premium/Discount to List
$9,600
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,937
Outstanding Balance
$203,235
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$326,392

Purchase Details

Closed on
May 7, 2019
Sold by
Scardino Charles and Scardino Maureen
Bought by
Aj Properties No 1 Llc

Purchase Details

Listed on
Sep 7, 2012
Closed on
Sep 23, 2013
Sold by
Wolf Richard J
Bought by
Scardino Charles and Scardino Maureen
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$75,000
Sold Price
$95,500
Premium/Discount to List
$20,500
27.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%

Purchase Details

Closed on
Jan 25, 2005
Sold by
Hobbs Winifred J
Bought by
Wolf Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2003
Sold by
Hobbs Winifred J
Bought by
Hobbs Winifred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,532
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2002
Sold by
Hobbs Winifred J
Bought by
Hobbs Winifred J

Purchase Details

Closed on
Oct 25, 1999
Sold by
Hobbs Winifred Helen
Bought by
Hobbs Winifred J and Hobbs Winifred Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
7.86%

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
Striker 92 Llc $341,250 None Available
Roebke Steven M $341,250 Yavapai Title Agency Inc
Aj Properties No 1 Llc -- Security Title Agency Inc
Scardino Charles $95,500 Security Title Agency
Wolf Richard J $170,000 Fidelity National Title Agen
Hobbs Winifred J -- First American Title Insuran
Hobbs Winifred J -- First American Title Insuran
Hobbs Winifred J -- --
Hobbs Winifred J -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roebke Steven M $255,937
Previous Owner Wolf Richard J $127,500
Previous Owner Hobbs Winifred J $46,532
Previous Owner Hobbs Winifred J $60,500
Closed Wolf Richard J $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $345,000 +2.9% $142 / Sq Ft
06/26/2021 06/26/21 Price Changed $335,400 0.0% $138 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $335,400 +251.2% $138 / Sq Ft
09/30/2013 09/30/13 Sold $95,500 +27.3% $39 / Sq Ft
09/15/2012 09/15/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $75,000 -- $31 / 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 $1,312 $32,717 -- --
2024 $1,238 $32,874 -- --
2023 $1,291 $22,051 $3,618 $18,433
2022 $1,238 $13,130 $3,618 $9,512
2021 $1,261 $11,697 $0 $0
2020 $1,229 $9,898 $0 $0
2019 $1,179 $9,802 $0 $0
2018 $1,155 $7,382 $0 $0
2017 $1,207 $7,546 $0 $0
2016 $1,303 $8,172 $1,100 $7,072
2014 $1,277 $7,468 $1,100 $6,368
Source: Public Records

Agents Affiliated with this Home

  • John Gordon

    Seller's Agent in 2021

    John Gordon

    Coldwell Banker Realty

    (602) 319-8509

    61 in this area

    149 Total Sales

    John Gordon
    Section Image

  • M

    Buyer's Agent in 2021

    Mike Ross

    HomeSmart

    (480) 262-6000

    3 in this area

    11 Total Sales

    Mike Ross
    Section Image
  • Mark Carvalho

    Seller's Agent in 2013

    Mark Carvalho

    Carvalho Real Estate

    (480) 250-6099

    1 in this area

    59 Total Sales

    Mark Carvalho
    Section Image

  • K

    Seller Co-Listing Agent in 2013

    Kristin Carvalho

    Carvalho Real Estate

    (480) 854-9000

    22 Total Sales

    Kristin Carvalho
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6239689

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-217

Arizona Pinal County Apache Junction 85119

2512 S Yavapai Rd, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 2512 S Yavapai Rd, Apache Junction, AZ 85119 since 21 May 2021 and is currently estimated at $449,587, approximately $184 per square foot. This property was built in 1980. 2512 S Yavapai Rd is a home located in Pinal County with nearby schools including Peralta Trail 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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