NOT LISTED FOR SALE

345 E Junction St Apache Junction, AZ 85119

Estimated Value: $434,000 - $565,000

-- Bed
-- Bath
2,496 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $270,000 $108 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,896/month

11 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available

About This Home

As of February 2019

Beautiful views of the Superstition Mountain and the Goldfields from this nice, clean Fourplex that sits on over half an acre. Included is a separate detached 24' x 35' garage that seller is currently using for storage. Property is located near the center of town. Frys Marketplace is walking distance along with Central Arizona College nearby and tons of restaurants nearby. Seller is leaving 2 units vacant for the next owner just in case you want to live in a unit or do something different. If you want them rented let us know. Seller collects $600/Month per unit which is below what you could be getting on these 2 bedroom/1 bath units. Seller only pays for water at $100/Month. Don't miss out on this gem. Come drive by today!

Last Listed By

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 12/10/2018

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1970

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Stone Roof

Flooring

  • Carpet

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, cable TV
  • The owner pays for water
  • Assessor Parcel Number 101-21-060-D

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 132 X 105
  • S21 T1n R8e Subdivision

Building Details

  • Operating Expense $3,230
  • Gross Income $27,360
  • Net Operating Income $24,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,253

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Idaho & Junction
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2018
  • Directions: Superstition Freeway (Highway 60) to Idaho. Go North on Idaho to Junction, Go East to property on SW corner.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: S21 T1N R8E
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Rock, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 132 X 105
  • Additional Parcels: No
  • Parcel #: 101-21-060-D

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 27360.0
  • Insurance Expense: 777.0
  • Property Net Operating Income: 24130.0
  • Annual Operating Expense: 3230.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1253.0
  • Tax Book Number: 101.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Feb 1, 2019
Sold by
Merrick Max Leon
Bought by
Davis Jason W and Davis Christine M
Seller's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Mara Benson
Bliss Realty & Investments
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Total Days on Market
11
Current Estimated Value
$500,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,868
Avg. Annual Appreciation
10.39%
Original Mortgage
$202,500
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Davis Jason W $270,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jason W $695,000
Closed Davis Jason W $725,500
Closed Davis Jason W $202,500
Previous Owner Merrick Max Leon $100,000
Previous Owner Merrick Max Leon $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $270,000 -6.9% $108 / Sq Ft
12/10/2018 12/10/18 For Sale $289,900 -- $116 / 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 $1,423 $22,719 -- --
2024 $1,401 $21,368 -- --
2023 $1,401 $19,329 $6,355 $12,974
2022 $1,343 $19,359 $1,573 $17,786
2021 $1,368 $16,647 $0 $0
2020 $1,333 $13,311 $0 $0
2019 $1,279 $12,741 $0 $0
2018 $1,253 $9,630 $0 $0
2017 $1,220 $9,137 $0 $0
2016 $1,190 $8,753 $1,620 $7,133
2014 $1,127 $6,589 $1,620 $4,969
Source: Public Records

Agents Affiliated with this Home

  • Laura Good

    Seller's Agent in 2019

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    2 in this area

    46 Total Sales

    Laura Good
    Section Image
  • Daniela Rubio

    Seller Co-Listing Agent in 2019

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    2 in this area

    67 Total Sales

    Daniela Rubio
    Section Image
  • Mara Benson

    Buyer's Agent in 2019

    Mara Benson

    Bliss Realty & Investments

    (480) 215-6658

    4 in this area

    76 Total Sales

    Mara Benson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5856070

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-21-060D

Arizona Pinal County Apache Junction 85119

345 E Junction St, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 345 E Junction St, Apache Junction, AZ 85119 since 10 December 2018 and is currently estimated at $500,868, approximately $200 per square foot. This property was built in 1970. 345 E Junction St is a home located in Pinal County with nearby schools including Desert Vista 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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