NOT LISTED FOR SALE

3197 W 5th Ave Apache Junction, AZ 85120

Estimated Value: $262,000 - $309,000

-- Bed
-- Bath
941 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $315,000 $335 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,657/month

97 Days on Market

Highlights

  • 0.27 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air

About This Home

As of August 2023

Great Commercial Opportunity for Office/Retail & Sitting on almost 12K sqft Fenced Lot! Great Location & it Fronts Meridian & 5th. Avenue...Good Traffic! Close to Freeway, Shops, & Other Commercial Businesses. Nice Open Floor Plan with a small Break Room, Front & Back Patios. Building is great for many different types of Contractors.

Last Listed By

Karen Johnson

Good Oak Real Estate License #SA545926000 Listed on: 05/02/2023

Good Oak Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $633

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Property is zoned B1

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 941 Sq Ft Home
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Smythe's County Line Subdivision
  • Operating Expense $633

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 101-08-006

Property Details

Property Type

Other

Est. Annual Taxes

$633

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Meridian & Apache Trail
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: B1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2021
  • Directions: Meridian to 5th Ave., Southeast Corner of Meridian & 5th. Ave.
  • Lot Size Acres: 0.27
  • Subdivision Name: SMYTHE'S COUNTY LINE SUBDIVISION
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 941.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 11853.0
  • Parcel #: 101-08-006
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 633.0

Tax Info

  • Tax Annual Amount: 633.0
  • Tax Book Number: 101.00
  • Tax Lot: 1
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Aug 24, 2023
Sold by
Mts Commercial Properties Llc
Bought by
Martinez Nicole and Martinez Miguel
Seller's Agent
Karen Johnson
Good Oak Real Estate
Buyer's Agent
Matthew Loomis
Realty ONE Group
List Price
$334,500
Sold Price
$315,000
Premium/Discount to List
-$19,500
-5.83%
Total Days on Market
97
Views
140
Current Estimated Value
$288,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,102
Avg. Annual Appreciation
-4.90%

Purchase Details

Closed on
Sep 18, 2003
Sold by
Allen John M
Bought by
Mts Commercial Properties Llc

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
Martinez Nicole $315,000 First American Title Insurance
Mts Commercial Properties Llc $65,000 First American Title Insuran
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $315,000 0.0% $335 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/14/2023 06/14/23 Price Changed $315,000 -5.8% $335 / Sq Ft
05/02/2023 05/02/23 For Sale $334,500 -- $355 / 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 $658 $16,442 -- --
2024 $622 $16,622 -- --
2023 $648 $11,675 $2,963 $8,712
2022 $622 $8,673 $2,963 $5,710
2021 $633 $7,781 $0 $0
2020 $617 $7,253 $0 $0
2019 $592 $7,039 $0 $0
2018 $580 $4,691 $0 $0
2017 $564 $4,153 $0 $0
2016 $484 $3,988 $1,100 $2,888
2014 $465 $3,049 $1,100 $1,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6551191

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-08-006