NOT LISTED FOR SALE

4140 N Toltec Rd Eloy, AZ 85131

Estimated Value: $234,000 - $281,000

-- Bed
4 Baths
800 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $111,000 $139 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,494/month

201 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of February 2015

Great investment opportunity on this 4-plex. All units are 2 bedroom 1 bath, all tile. All units are rented, tenants rights! The seller has never occupied the property. No SPDS or CLUE reports will be provided to the Buyer. Buyer and Buyer's broker to verify all facts and figures. Property sold ''AS-IS''.

Last Agent to Sell the Property

Karen Henson

ROX Real Estate License #SA647033000 Listed on: 06/29/2014

ROX Real Estate

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,333

Year Built

  • Built in 2003

Lot Details

  • 0.38

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Toltec Elementary School
  • Casa Grande Union High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 7
  • Assessor Parcel Number 403-06-154

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IRR
  • Toltec Arizona Valley Subdivision

Building Details

  • Operating Expense $2,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,333

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Hwy 84 & Toltec Rd
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: Rental
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2013
  • Directions: South/East on Hwy 84 to Toltec Rd, North on Toltec Rd to property.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: Toltec Arizona Valley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:None30: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Toltec Elementary School
  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 403-06-154

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 4
  • Annual Operating Expense: 2333.0

Tax Info

  • Tax Annual Amount: 2333.0
  • Tax Book Number: 403.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2014
Closed on
Feb 24, 2015
Sold by
Manzanares Rafael
Bought by
Clark Lucas
Seller's Agent
Karen Henson
ROX Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$125,000
Sold Price
$111,000
Premium/Discount to List
-$14,000
-11.2%
Current Estimated Value
$259,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,244
Avg. Annual Appreciation
8.91%
Original Mortgage
$79,875
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Fossen John and Fossen Susan
Bought by
Manzanares Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 21, 2011
Sold by
Aurora Loan Services Llc
Bought by
Fossen John

Purchase Details

Closed on
Jan 27, 2011
Sold by
Jorgensen Mardi and Cady Daniel
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 3, 2005
Sold by
Goshow Leon K
Bought by
Jorgensen Mardi and Cady Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Goshow Gloria J
Bought by
Goshow Leon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,050
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Clark Lucas $111,000 Great Amer Title Agency Inc
Manzanares Rafael $80,000 None Available
Fossen John $47,750 Fidelity National Title Ins
Aurora Loan Services Llc $203,609 Accommodation
Jorgensen Mardi $250,000 Fidelity National Title Agen
Goshow Leon K -- Security Title Agency
Goshow Leon K $201,350 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Lucas $79,875
Previous Owner Manzanares Rafael $80,000
Previous Owner Jorgensen Mardi $200,000
Previous Owner Goshow Leon K $161,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $111,000 -11.2% $139 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
06/29/2014 06/29/14 For Sale $125,000 -- $156 / 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 $1,499 $29,602 -- --
2024 $1,455 $30,240 -- --
2023 $1,509 $24,350 $250 $24,100
2022 $1,455 $16,309 $250 $16,059
2021 $1,530 $14,153 $0 $0
2020 $1,486 $13,931 $0 $0
2019 $1,434 $11,532 $0 $0
2018 $1,408 $9,208 $0 $0
2017 $1,384 $8,023 $0 $0
2016 $1,499 $8,263 $250 $8,013
2014 $1,673 $9,549 $250 $9,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5137922

Arizona Regional Multiple Listing Service (ARMLS)

APN: 403-06-154