NOT LISTED FOR SALE

535 N Gold Dr Apache Junction, AZ 85120

Estimated Value: $403,468 - $578,000

-- Bed
-- Bath
816 Sq Ft
$601/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $210,000 $257 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,733/month

47 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

About This Home

As of July 2016

WOW seller is motivated bring your offers now!!! Seller is willing to carry as well! This features a triplex a duplex and one mobile. There is also 5 trailers included in this sale as well that are in the sale as personal property. This property is master metered for electric and water sewer and trash. There are 2 vacant units and the rents range from 450 to 695. All facts and figures are approximate buyer verify MLS info.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 05/16/2016

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Jason Harris

Scott Homes Realty License #SA530707000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1966

Lot Details

  • 1

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Block Exterior
  • Siding
  • Metal Construction or Metal Frame

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 13 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 101-15-050

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 1.03 Acres

Building Details

  • Operating Expense $20,108
  • Gross Income $39,900
  • Net Operating Income $21,294

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,502

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: Ironwood/Apache Trail
  • Property Type: Multiple Dwellings
  • Zoning: urban sub
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1966
  • Tax Year: 2015
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Appliances: BI Oven/Range, F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Block, Frame - Metal, Frame - Wood
  • Roof: Composition, Metal, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Heat Pump, Wall/Window Unit(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1190.0
  • Annual Water Sewer Expense: 4714.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 1.03 Acres
  • Additional Parcels: No
  • Parcel #: 101-15-050

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 7400.0
  • Annual Gross Income: 39900.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 21294.0
  • Annual Operating Expense: 20108.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1502.0
  • Tax Book Number: 101.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 29, 2016
Sold by
529 Gold Llc
Bought by
Fast Micro Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Jason Harris
Scott Homes Realty
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$490,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,734
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Good Earth Capitol Ii Llc
Bought by
529 Gold Llc

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jan 7, 2013
Sold by
White John and White Mary Ann
Bought by
Good Earth Capitol Ii Llc
Seller's Agent
Haydn Piper
Clayton Nash Real Estate
Buyer's Agent
Haydn Piper
Clayton Nash Real Estate
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Holt Patsy Ruth
Bought by
Holt Patsy Ruth and Rampat Raeleen Michelle

Purchase Details

Closed on
Feb 7, 1997
Sold by
Brinton Mark D and Brinton Carol A
Bought by
White John and White Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fast Micro Llc $210,000 Stewart Title Arizona Agency
529 Gold Llc -- None Available
Good Earth Capitol Ii Llc $200,000 First American Title Insuran
Holt Patsy Ruth -- --
White John $138,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White John $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2016 07/29/16 Sold $210,000 -16.0% $257 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $250,000 +25.0% $306 / Sq Ft
01/23/2013 01/23/13 Sold $200,000 -27.3% $57 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
04/11/2012 04/11/12 For Sale $275,000 -- $79 / 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 $2,032 $39,873 -- --
2024 $1,918 $39,650 -- --
2023 $2,000 $23,168 $8,694 $14,474
2022 $1,918 $19,631 $8,720 $10,911
2021 $1,953 $19,108 $0 $0
2020 $1,903 $19,162 $0 $0
2019 $1,826 $18,691 $0 $0
2018 $1,788 $13,178 $0 $0
2017 $1,608 $10,591 $0 $0
2016 $1,568 $10,289 $4,500 $5,789
2014 $1,485 $8,686 $4,500 $4,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5444007

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-15-050