NOT LISTED FOR SALE

44 N Mountain Rd Apache Junction, AZ 85120

Northeast Mesa Neighborhood

Estimated Value: $203,000 - $569,422

-- Bed
-- Bath
594 Sq Ft
$764/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $589,000 $992 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,609/month

78 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of April 2024

Exceptional Investment Opportunity on Sprawling 31,799 Sq ft Lot. Nestled in a prime location, this expansive 31,799 sq ft property presents a rare and lucrative investment opportunity. The lot boasts a unique collection of residences, including a well-designed triplex and three single-family homes. This property stands out as a blank canvas for investors looking to add value. The potential for renovation, redevelopment, or optimizing the rental strategy is immense.

Last Agent to Sell the Property

Danny Kallay

Compass License #SA512397000 Listed on: 01/05/2024

Compass

Co-Listed By

Chad Schreiner

RMA-Mountain Properties License #SA678100000

Last Buyer's Agent

Angela Larson

Keller Williams Realty Phoenix License #SA524620000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1957

Lot Details

  • 0.73

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Vinyl

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 220-57-008-A

Community Details

Overview

  • 4 Buildings
  • 6 Units
  • Building Dimensions are 289.78x111.22

Building Details

  • Operating Expense $2,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,579

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: N Mountain Rd and Apache Trail
  • Legal Info Range: 7E
  • Property Type: Multiple Dwellings
  • Zoning: R8
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2023
  • Road Surface Type: Dirt
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Steel Frame, Wood Frame, Stucco
  • Roof: Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 289.78x111.22
  • Additional Parcels: No
  • Parcel #: 220-57-008-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 6
  • Annual Operating Expense: 2579.0
  • Vacancy Allowance Rate: 50.0

Tax Info

  • Tax Annual Amount: 2579.0
  • Tax Book Number: 220.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 26, 2024
Sold by
The44north Llc
Bought by
Superstition Inv Resid Rentals
Seller's Agent
Danny Kallay
Compass
Buyer's Agent
Angela Larson
Keller Williams Realty Phoenix
List Price
$749,900
Sold Price
$589,000
Premium/Discount to List
-$160,900
-21.46%
Views
195
Current Estimated Value
$453,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,144
Avg. Annual Appreciation
-8.85%

Purchase Details

Closed on
May 24, 2023
Sold by
Vaca Management Llc
Bought by
44North Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2018
Sold by
Thompson Lana Sue and The Lana Sue Thompson Trust
Bought by
Vaca Management Llc

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
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 2017
Sold by
Thompson Lana Sue
Bought by
Thompson Lana Sue and The Lana Sue Thompson Trust

Purchase Details

Closed on
Feb 28, 2012
Sold by
Branham John W
Bought by
Thompson Lana Sue

Purchase Details

Closed on
Sep 30, 2004
Sold by
Branham John William
Bought by
Branham John William and J W Branham Revocable Living T

Purchase Details

Closed on
Aug 4, 2000
Sold by
Branham Lana S
Bought by
Branham John W and Branham Jack W

Purchase Details

Closed on
Feb 1, 1979
Sold by
Holbert Roy D and Holbert Sharon L
Bought by
Miller Esther L
Source: Public Records

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
Superstition Inv Resid Rentals $589,000 Lawyers Title Of Arizona
44North Llc $200,000 Premier Title Agency
Vaca Management Llc $200,000 Security Title Agency Inc
Thompson Lana Sue -- None Available
Thompson Lana Sue -- None Available
Branham John William -- None Available
Branham John W -- --
Branham John W -- --
Miller Esther L -- Uslife Title Company Of Ariz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 44North Llc $270,000
Previous Owner Vaca Management Llc $40,000
Previous Owner Vaca Management Llc $44,000
Previous Owner Vaca Management Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $589,000 -21.5% $992 / Sq Ft
01/06/2024 01/06/24 For Sale $749,900 -- $1,262 / 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 $2,546 $28,260 -- --
2024 $2,579 $26,915 -- --
2023 $2,579 $31,730 $13,720 $18,010
2022 $2,517 $25,820 $9,270 $16,550
2021 $2,512 $23,250 $7,120 $16,130
2020 $2,557 $22,720 $6,680 $16,040
2019 $2,381 $21,750 $6,340 $15,410
2018 $2,361 $21,380 $5,730 $15,650
2017 $2,280 $20,060 $4,860 $15,200
2016 $2,306 $20,550 $4,880 $15,670
2015 $2,164 $18,980 $3,920 $15,060
Source: Public Records

Agents Affiliated with this Home

  • Danny Kallay

    Seller's Agent in 2024

    Danny Kallay

    Compass

    (480) 694-8571

    4 in this area

    1,888 Total Sales

    Danny Kallay
    Section Image
  • Chad Schreiner

    Seller Co-Listing Agent in 2024

    Chad Schreiner

    RE/MAX

    (480) 489-0491

    2 in this area

    148 Total Sales

    Chad Schreiner
    Section Image
  • Angela Larson

    Buyer's Agent in 2024

    Angela Larson

    Keller Williams Realty Phoenix

    (480) 703-9035

    14 in this area

    311 Total Sales

    Angela Larson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6646693

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-57-008A

Arizona Maricopa County Apache Junction 85120 Northeast Mesa

44 N Mountain Rd, Apache Junction, AZ

This home is located at 44 N Mountain Rd, Apache Junction, AZ 85120 since 05 January 2024 and is currently estimated at $453,856, approximately $764 per square foot. This property was built in 1957. 44 N Mountain Rd is a home located in Maricopa County with nearby schools including Sousa Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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