NOT LISTED FOR SALE

253 N Ocotillo Dr Apache Junction, AZ 85120

Estimated Value: $169,000 - $285,843

-- Bed
9 Baths
-- Sq Ft
0.98 Acres

Last Sold March 12, 2014

Last sale price $125,000

Est. 87% increase in value since last sale

Current estimated payment $1,432/month

163 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of March 2014

Almost 1 acre of land with 9 units. Almost all tenants are long term tenants some 20+ years. Tenants are willing to stay and sign a new lease with new owner. Loads of potential with this property. Priced to sell! DRIVE BY ONLY PLEASE DO NOT DISTURB THE TENANTS NO SIGN ON THE PROPERTY. Sold ''AS IS''

Last Listed By

Charlie Wise

Lost Dutchman Realty License #BR573784000 Listed on: 08/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1949

Lot Details

  • 0.98

Home Design

  • Foam Roof
  • Siding
  • Metal Construction or Metal Frame

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Common or Shared Parking

Schools

  • Superstition Mountain Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water
  • The owner pays for electricity, trash collection, water
  • Assessor Parcel Number 101-03-007

Community Details

Overview

  • 9 Buildings
  • 9 Units
  • Building Dimensions are 100x425
  • Cayton Subdivision

Building Details

  • Operating Expense $6,233
  • Net Operating Income $2,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Ironwood & Apache Trail
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 9
  • Ownership: Fee Simple
  • Year Built: 1949
  • Mobile Home Prk Info Total Number Spaces: 11
  • Tax Year: 2012
  • Directions: US 60 east to Ironwood Dr North on Ironwood Dr to Apache Trail West on Apache Trail to Ocotillo Dr North to property on right DO NOT DISTURB TENANTS DRIVE BY ONLY!
  • Road Surface Type: Asphalt
  • Subdivision Name: CAYTON SUBDIVISION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Frame - Metal
  • Roof: Foam
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 648.0
  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 336.0

Schools

  • Elementary School: Superstition Mountain 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: 100x425
  • Additional Parcels: No
  • Parcel #: 101-03-007

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water
  • Tenant Pays: Trash Collection, Electricity, Water
  • Number Of Units Total: 9
  • Electric Expense: 3168.0
  • Property Net Operating Income: 2110.0
  • Annual Operating Expense: 6232.58
  • Vacancy Allowance Rate: 0.15

Tax Info

  • Tax Annual Amount: 1580.58
  • Tax Book Number: 101.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2014
Sold by
Federico Joseph
Bought by
Tjs Mobile Home Rentals Llc
Total Days on Market
163
Current Estimated Value
$233,281

Purchase Details

Listed on
Aug 7, 2013
Closed on
Mar 10, 2014
Sold by
Mcclain Hong K
Bought by
Frederico Frederico Joseph Joseph
Seller's Agent
Charlie Wise
Lost Dutchman Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Sep 22, 2009
Sold by
Mcclain Rex L
Bought by
Mcclain Rex L and Mcclain Hong K

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
Tjs Mobile Home Rentals Llc -- None Available
Frederico Frederico Joseph Joseph $125,000 Security Title Agency
Mcclain Rex L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $125,000 -16.6% --
01/17/2014 01/17/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $149,900 -- --
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 $1,653 -- -- --
2024 $1,560 -- -- --
2023 $1,627 $22,239 $4,900 $17,339
2022 $1,560 $16,893 $4,900 $11,993
2021 $1,589 $14,207 $0 $0
2020 $1,548 $11,579 $0 $0
2019 $1,485 $11,276 $0 $0
2018 $1,455 $11,044 $0 $0
2017 $1,417 $10,677 $0 $0
2016 $1,669 $10,656 $4,900 $5,756
2014 $1,637 $9,575 $4,900 $4,675
Source: Public Records

Agents Affiliated with this Home

  • Charlie Wise

    Seller's Agent in 2014

    Charlie Wise

    Lost Dutchman Realty

    (480) 818-0014

    67 in this area

    111 Total Sales

    Charlie Wise
    Section Image

  • N

    Buyer's Agent in 2014

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4980038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-03-007

Arizona Pinal County Apache Junction 85120

253 N Ocotillo Dr, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 253 N Ocotillo Dr, Apache Junction, AZ 85120 since 07 August 2013 and is currently estimated at $233,281. This property was built in 1949. 253 N Ocotillo Dr is a home located in Pinal County with nearby schools including Four Peaks 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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