NOT LISTED FOR SALE

351 S Meridian Rd Apache Junction, AZ 85120

Estimated Value: $466,838

-- Bed
-- Bath
1 Sq Ft
$466,838/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $235,000 $235,000 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,744/month

424 Days on Market

About This Home

As of May 2017

Premium commercial/industrial lots on Meridian Rd just south of Apache Trail. Two lots being sold as one! Approximately, 1.10 acres with street frontage on both Meridian Rd and 4th Ave. Terrific access to the I-60 and 202 freeways. Tons of business possibilities. Parcels 101-06-008C and 101-06-0090 must be sold together for the price listed above. Owner-carry options available!

Approved Zoning Uses and Parcel Map included in Documents Tab.

Last Listed By

Rebecca Hinson

GEO Real Estate License #BR574995000 Listed on: 01/11/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1970

Lot Details

  • 1.1 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned B-5 Comm/Indust

Parking

  • Fenced Parking

Utilities

  • No Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 101-06-008-C

Community Details

Overview

  • Building Dimensions are 286.44' x 167.76'
  • S19 T1n R8e Subdivision

Building Details

  • Operating Expense $3,108

Property Details

Property Type

Other

Est. Annual Taxes

$3,108

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Meridian Rd and 4th Ave
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: B-5 Comm/Indust
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2016
  • Directions: From Interstate 60, drive North on Meridian Rd. The property is about a mile and a half North of the freeway on the East side of the road.
  • Lot Size Acres: 1.1
  • Road Surface Type: Asphalt
  • Subdivision Name: S19 T1N R8E
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: None
  • Water Source: Community Franchise
  • Sewer Septic Tank: Yes
  • Heating:None29: Yes

Lot Info

  • Lot Size: 286.44' x 167.76'
  • Lot Size Sq Ft: 48053.0
  • Parcel #: 101-06-008-C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3108.0

Tax Info

  • Tax Annual Amount: 3108.0
  • Tax Book Number: 101.00
  • Tax Lot: -
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 25, 2017
Sold by
Territorial Properties Llc
Bought by
Marshall Kenneth
Seller's Agent
Rebecca Hinson
GEO Real Estate
Buyer's Agent
Bobbi Engle
eXp Realty
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Total Days on Market
424
Current Estimated Value
$466,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,838
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Meade Howard D and Meade Howard D
Bought by
Territorial Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.26%
Mortgage Type
Commercial

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
Marshall Kenneth $235,000 North American Title Co
Territorial Properties Llc $260,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Territorial Propertiese Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $235,000 -6.0% $235,000 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
01/11/2016 01/11/16 For Sale $250,000 -- $250,000 / 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 $1,867 -- -- --
2024 $1,893 -- -- --
2023 $1,894 $14,628 $9,193 $5,435
2022 $1,893 $14,108 $9,193 $4,915
2021 $2,035 $14,789 $0 $0
2020 $1,983 $14,656 $0 $0
2019 $1,902 $14,461 $0 $0
2018 $1,864 $12,576 $0 $0
2017 $1,918 $12,660 $0 $0
2016 $1,896 $9,704 $9,704 $9,704
2014 $1,966 $6,052 $5,108 $945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5381627

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-06-008C