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Seller's Agent in 2022
Khyl Halbert
Mynd Property Management
561 S Meridian Rd Apache Junction, AZ 85120
Estimated Value: $503,000 - $764,000
Studio
--
Bath
1,992
Sq Ft
$325/Sq Ft
Est. Value
About This Home
As of October 2022This four plex was completely remodeled in 2019 and brought up to date. It has been fully rented since the rehab. This is a great cash flow opportunity with room to raise rents. Current rents are $4085 monthly. There are three 2 bed 1 bath apartments and one 3 bed 2 bath apartment. This is a single level property. Units are individually metered for electric - tenant pays. These units have been professionally managed and have leases in place. ***DO NOT DISTURB TENANTS, DRIVE BY ONLY PLEASE*** Some of the information provided by the owners was estimated, please do your own research.
Last Agent to Sell the Property
Khyl Halbert
Mynd Property Management License #SA645062000 Listed on: 08/24/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,134
Year Built
- Built in 1957
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Cactus Canyon Junior High
- Apache Junction High School
Utilities
- Central Heating and Cooling System
- Private Water Source
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection
- Legal Lot and Block 3 / 2
- Assessor Parcel Number 101-08-008
Community Details
Overview
- 4 Units
- Building Dimensions are 108.92x108,92
- Smythe's County Line Subdivision
Building Details
- Operating Expense $14,956
- Gross Income $46,569
- Net Operating Income $33,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Oct 10, 2022
Sold by
Juvan Holdings Llc
Bought by
Tltaz Investments Llc
Seller's Agent
Khyl Halbert
Mynd Property Management
Buyer's Agent
Blaine Jarvis
Four Peaks Property Management LLC
List Price
$499,900
Sold Price
$540,000
Premium/Discount to List
$40,100
8.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,667
Avg. Annual Appreciation
5.51%
Original Mortgage
$405,000
Outstanding Balance
$389,319
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$257,681
Purchase Details
Closed on
Nov 20, 2019
Sold by
Ash Cecil
Bought by
Juvan Holdings Llc
Purchase Details
Closed on
Aug 22, 2019
Sold by
Ash Linda J and Ash Cecil
Bought by
Ash Cecil
Purchase Details
Closed on
Mar 2, 2018
Sold by
B I C K Home Improvements And Design Llc
Bought by
Eel Holdings Llc
Purchase Details
Closed on
Nov 14, 2016
Sold by
Arz Partners Lp
Bought by
Bick Home Improverment & Design Llc
Purchase Details
Closed on
Jun 7, 2005
Sold by
Nallapareddy Indrarathy
Bought by
Yarrapureddy Somasekhara R
Purchase Details
Closed on
Apr 26, 1999
Sold by
Lipka Prokop Ronda and Lipka Ronda
Bought by
Guinn Elva M and Howie Cynthia D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tltaz Investments Llc | $540,000 | Great American Title | |
| Juvan Holdings Llc | $260,000 | None Available | |
| Ash Cecil | -- | Great American Title Agency | |
| Ash Cecil | $260,000 | Great American Title Agency | |
| Eel Holdings Llc | -- | None Available | |
| Bick Home Improverment & Design Llc | $91,500 | American Title Service Agenc | |
| Yarrapureddy Somasekhara R | -- | -- | |
| Guinn Elva M | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tltaz Investments Llc | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2022 10/19/22 | Sold | $540,000 | +8.0% | $271 / Sq Ft |
| 10/06/2022 10/06/22 | Price Changed | $499,900 | -7.4% | $251 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/27/2022 08/27/22 | Off Market | $540,000 | -- | -- |
| 08/24/2022 08/24/22 | For Sale | $499,900 | -- | $251 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,220 | $33,011 | -- | -- |
| 2024 | $2,095 | $32,560 | -- | -- |
| 2023 | $2,185 | $24,357 | $2,950 | $21,407 |
| 2022 | $2,095 | $20,708 | $2,950 | $17,758 |
| 2021 | $2,134 | $20,048 | $0 | $0 |
| 2020 | $2,079 | $8,764 | $0 | $0 |
| 2019 | $993 | $8,522 | $0 | $0 |
| 2018 | $972 | $6,216 | $0 | $0 |
| 2017 | $980 | $6,130 | $0 | $0 |
| 2016 | $976 | $6,212 | $1,097 | $5,115 |
| 2014 | $860 | $5,404 | $1,257 | $4,147 |
Source: Public Records
Agents Affiliated with this Home
-
-
Blaine Jarvis
Buyer's Agent in 2022
Blaine Jarvis
Four Peaks Property Management LLC
(480) 433-6163
3 in this area
71 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6454584
APN: 101-08-008
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.
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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