$95,500
SOLD SEP 30, 2013

2512 S Yavapai Rd Apache Junction, AZ 85119

-- Bed
-- Bath
2,436 Sq Ft
0.28 Acres

Recently Sold

$39 Per Sq Ft

27% Above List Price

8 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of July 2021

This income generating property is located in a highly desirable area and has been well kept. It won't last long!

Last Agent to Sell the Property

Mark Carvalho

Carvalho Real Estate License #BR543460000 Listed on: 09/07/2012

Co-Listed By

Kristin Carvalho

Carvalho Real Estate License #BR540614000

Last Buyer's Agent

John Gordon

Coldwell Banker Realty License #BR009377000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1980

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Schools

  • Peralta Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Palm Springs Subdivision

Building Details

  • Operating Expense $5,546
  • Gross Income $180,000
  • Net Operating Income $11,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,609

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Tomahawk and US 60
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 0330
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2011
  • Directions: Tomahawk North to 27th Ave. West on 27th Ave to Yavapai.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: creg001
  • Co List Office Phone: 480-854-9000
  • Subdivision Name: Palm Springs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: 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

  • Trash Expense: 435.0
  • Annual Water Sewer Expense: 900.0

Schools

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

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 180000.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1702.0
  • Property Net Operating Income: 11899.0
  • Annual Operating Expense: 5546.0
  • Vacancy Allowance Rate: 11.0

Tax Info

  • Tax Annual Amount: 1609.0
  • 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%
Current Estimated Value
$406,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,839
Avg. Annual Appreciation
6.72%
Original Mortgage
$255,937
Outstanding Balance
$200,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,883

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
$200,704
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,883

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
14.00%

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%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $341,250 None Available
Warranty Deed $341,250 Yavapai Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Cash Sale Deed $95,500 Security Title Agency
Warranty Deed $170,000 Fidelity National Title Agen
Interfamily Deed Transfer -- First American Title Insuran
Interfamily Deed Transfer -- First American Title Insuran
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,937 New Conventional
Previous Owner $127,500 Unknown
Previous Owner $46,532 Unknown
Previous Owner $60,500 No Value Available
Closed $25,500 No Value Available
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4815587

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-217