NOT LISTED FOR SALE

2580 S Yavapai Rd Apache Junction, AZ 85119

Estimated Value: $574,000 - $784,000

-- Bed
-- Bath
3,360 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $775,000 $231 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,014/month

64 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System

About This Home

As of June 2022

Buyer was doing a 1031 exchange and it did not work out, so their loss is your gain, back on the market !!! .....This is a completely turn-key operation.....4 new tenants are now being put into place at 1300 per month per tenant. All new electrical throughout all 4 units.....All new flooring, new bathrooms, updated kitchens. Property management already in place as well if needed. Don't wait this awesome cash flowing property should be your investors new property today !!!

Last Listed By

Blaine Jarvis

Bullseye Property Management, LLC License #SA027837000 Listed on: 03/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1981

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

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

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, sewer
  • Assessor Parcel Number 102-27-220

Community Details

Overview

  • 4 Units
  • Building Dimensions are N/a

Building Details

  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: N/a
  • Additional Parcels: No
  • Parcel #: 102-27-220

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Book Number: 102.00
  • Tax Lot: N/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wilcox Isabelle R
Bought by
Ramiro Properties Llc
Total Days on Market
64
Current Estimated Value
$705,029

Purchase Details

Closed on
Oct 2, 2020
Sold by
Rippey David K and Rippey Nathan D
Bought by
Bogey Re Llc

Purchase Details

Closed on
Jun 1, 2020
Sold by
Rippey David K
Bought by
Rippey Nathan D and Smith Nathan D

Purchase Details

Closed on
Oct 28, 2019
Sold by
Rc Chi
Bought by
Rippey Nate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 22, 2019
Sold by
Rippey David K and Smith Jeffrey R
Bought by
Rippey Nathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jan 10, 2017
Sold by
Chi Rc
Bought by
Rippey Nate and Rippey Nathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 28, 2005
Sold by
Sher Randi L
Bought by
Chi Rc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.61%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 6, 2003
Sold by
Sher Randi L
Bought by
Chi Rc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.83%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Chi Rc
Bought by
Sher Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.83%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Sher Randi L
Bought by
R C Chi Llc

Purchase Details

Closed on
Apr 23, 1998
Sold by
Schmitz Donald F
Bought by
Sher Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.93%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Ramiro Properties Llc -- None Listed On Document
Bogey Re Llc $285,000 Fidelity Natl Ttl Agcy Inc
Rippey Nathan D -- None Available
Rippey Nate -- --
Rippey Nathan D -- Great American Title Agency
Smith Jeffrey R -- Great American Title Agency
Rippey Nate -- Great American Ttl Agcy Inc
Rippey Nate $145,000 Great American Title Agency
Chi Rc -- Transnation Title
Sher Randi L -- Transnation Title
Chi Rc -- Capital Title Agency Inc
Sher Randi L -- Capital Title Agency Inc
R C Chi Llc -- --
Sher Randi L $100,000 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rippey Nate $145,000
Previous Owner Rippey Nathan D $126,000
Previous Owner Rippey Nate $145,000
Previous Owner Sher Randi L $150,000
Previous Owner Sher Randi L $95,000
Previous Owner Sher Randi L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $775,000 +3.3% $231 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $750,000 0.0% $223 / Sq Ft
05/11/2022 05/11/22 Price Changed $750,000 -5.7% $223 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $795,000 0.0% $237 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $795,000 +2.6% $237 / Sq Ft
03/16/2022 03/16/22 Off Market $775,000 -- --
03/10/2022 03/10/22 For Sale $795,000 -- $237 / 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 $1,260 $20,651 -- --
2024 $1,592 $20,618 -- --
2023 $1,240 $13,851 $2,970 $10,881
2022 $1,592 $21,167 $2,970 $18,197
2021 $1,439 $19,823 $0 $0
2020 $1,403 $15,886 $0 $0
2019 $1,516 $15,169 $0 $0
2018 $1,485 $9,567 $0 $0
2017 $1,446 $9,279 $0 $0
2016 $1,410 $8,914 $1,100 $7,814
2014 $1,438 $8,412 $1,100 $7,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6367054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-220