NOT LISTED FOR SALE

285 N Apache Trail Apache Junction, AZ 85120

Studio
-- Bath
5,088 Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: January 16, 2024

Last sale price $830,000 $163 Per Sq Ft

206 Days on Market

Highlights

  • 0.86 Acre Lot
  • Stone Flooring
  • Security Fence
  • Community Kitchen
  • Central Air
  • 1-minute walk to Flatiron Park

About This Home

As of January 2024

Sensational opportunity to own this established bar and restaurant on the historic Apache Trail. Awesome views of the Superstition Mountains. Flatiron Park right across the street. Many businesses to cater for lunch, dinner? This property has been completely remodeled and renovated during the past 10 years. HVAC systems (5), 3 phase electrical to kitchen equipment, Point of Sale system, sound system, 2 walk in coolers! Fryers, grill, D/W system. Complete security system. Seating for 165 and an additional 50 on back patio with it's own bar. Parking for 200+ Canyon Lake, the famed Superstition Mountains just a few miles away. Town of Apache Junction is growing like crazy! #6 liquor license available separately. Do not disturb tenant.

Last Agent to Sell the Property

Mark Toon

RE/MAX Premier Brokerage Phone: 602-686-6000 License #BR005653000 Listed on: 01/13/2024

Last Buyer's Agent

Lori Eitel

Realty ONE Group License #SA101412000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 1992

Lot Details

  • 37,562 Sq Ft Lot
  • Security Fence
  • Property is zoned C-2

Home Design

  • 5,088 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Stone
  • Concrete
  • Vinyl

Parking

  • 160 Open Parking Spaces
  • 160 Parking Spaces
  • Public Parking
  • Free Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Three-Phase Power
  • Private Water Source

Community Details

  • Parkway Plaza Subdivision
  • Community Kitchen
  • Operating Expense $8,253

Listing and Financial Details

  • Tax Lot 19-21
  • Assessor Parcel Number 101-23-021

Property Details

Property Type

Other

Est. Annual Taxes

$8,253

Year Built

Built in 1992

Lot Details

0.86 Acres

Listing Details

  • Cross Street: Apache Trail & Idaho
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1992
  • Tax Year: 2022
  • Lot Size Acres: 0.86
  • Road Surface Type: Asphalt
  • Subdivision Name: PARKWAY PLAZA
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Stone, Concrete
  • Living Area: 5088.0

Exterior Features

  • Fencing: Security
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Block, Brick
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Free
  • Attached Garage: No
  • Open Parking Spaces: 160.0
  • Total Parking Spaces: 160.0
  • General Property Description:Uncvrd Parking Spcs: 160.0
  • General Property Description:Total Parking Spcs: 160.0
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: 3 Phase Power, SRP
  • Cooling: Central Air, Office A/C
  • Heating: 2 or More Units, Electric, Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 37562.0
  • Parcel #: 101-23-021
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8253.0

Tax Info

  • Tax Annual Amount: 8253.0
  • Tax Book Number: 101.00
  • Tax Lot: 19-21
  • Tax Map Number: 23.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$390,422
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2024
Closed on
Jan 16, 2024
Sold by
Bought by
Seller's Agent
Mark Toon
RE/MAX Premier
Buyer's Agent
Lori Eitel
Realty ONE Group
List Price
$1,000,000
Sold Price
$830,000
Premium/Discount to List
-$170,000
-17%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2024
Closed on
Jan 11, 2024
Sold by
Bought by
Seller's Agent
Mark Toon
RE/MAX Premier
Buyer's Agent
Lori Eitel
Realty ONE Group
List Price
$1,000,000
Sold Price
$830,000
Premium/Discount to List
-$170,000
-17%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,500
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$975,000 Title Alliance
$830,000 Magnus Title Agency
$830,000 Magnus Title Agency
$310,000 First American Titile Insura
$150,000 First American Title
$520,000 None Available
$470,000 Tsa Title Agency
$550,000 Ati Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $650,000
Previous Owner $650,000
Previous Owner $250,000
Previous Owner $675,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2024 01/16/24 Sold $830,000 -17.0% $163 / Sq Ft
01/13/2024 01/13/24 Price Changed $1,000,000 0.0% $197 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
12/05/2023 12/05/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $1,000,000 +20.5% $197 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
10/04/2023 10/04/23 Off Market $830,000 -- --
09/29/2023 09/29/23 Off Market $1,000,000 -- --
05/15/2023 05/15/23 For Sale $1,000,000 -- $197 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,999 -- -- --
2024 $7,089 -- -- --
2023 $7,089 $54,765 $12,150 $42,615
2022 $7,321 $54,574 $12,150 $42,424
2021 $8,055 $57,615 $0 $0
2020 $8,485 $59,329 $0 $0
2019 $8,554 $59,378 $0 $0
2018 $9,113 $61,494 $0 $0
2017 $10,009 $66,080 $0 $0
2016 $10,434 $12,825 $12,825 $12,825
2014 $6,244 $19,219 $6,750 $12,469
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Toon

    RE/MAX

  • L

    Buyer's Agent in 2024

    Lori Eitel

    Realty One Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6556853

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-23-021

Arizona Pinal County Apache Junction 85120

285 N Apache Trail, Apache Junction, AZ

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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