Erin Rose
eXp Realty
(520) 462-5005
111 Total Sales
1 in Apache Junction
$365,000 Price
561 S Meridian Rd Apache Junction, AZ 85120
Apache Junction AreaEstimated Value: $611,376
Studio
--
Baths
1,992
Sq Ft
$307/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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
- Separate Meters
- Natural Gas Not Available
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
$71,376
Avg. Annual Appreciation
3.19%
Original Mortgage
$405,000
Outstanding Balance
$384,323
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$227,053
Purchase Details
Closed on
Nov 20, 2019
Sold by
Ash Cecil
Bought by
Juvan Holdings Llc and Elle Investments 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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Apache Junction, AZ
-
Erin Rose
-
Shawn Harris
Shawn Harris
Realty USA Southwest
(480) 906-3921
233 Total Sales
2 in Apache Junction
$8K - $12K Price Range
-
Keith DeChristina
Keith DeChristina
LPT Realty, LLC
(833) 686-5690
73 Total Sales
5 in Apache Junction
$320K - $675K Price Range
-
Emily Erickson
Emily Erickson
Keller Williams Southern Arizona
(520) 462-2040
85 Total Sales
1 in Apache Junction
$410,000 Price
-
Scottie Brown
Scottie Brown
Keller Williams Integrity First Realty
(877) 525-3130
71 Total Sales
3 in Apache Junction
$162K - $401K Price Range
-
Andrew McCargar
Andrew McCargar
Done Deal
(480) 864-3781
65 Total Sales
1 in Apache Junction
$710,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $540,000 | Great American Title | ||
| Juvan Holdings Llc | $260,000 | None Available | |
| Ash Cecil | $260,000 | Great American Title Agency | |
| Ash Cecil | -- | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $405,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
KH
Seller's Agent in 2022
Khyl Halbert
Mynd Property Management
-
Blaine Jarvis
Buyer's Agent in 2022
Blaine Jarvis
Four Peaks Property Management LLC
(480) 433-6163
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
Nearby Homes
- 11504 E 5th Ave
- 11451 E Broadway Rd
- 11519 E Elton Ave
- 1091 S Cedar Dr
- 1127 S Cedar Dr
- 11435 E Apache Trail Unit 48
- 1089 S Warner Dr
- 650 S Cornwall Dr
- 341 S Malcolm Dr
- 2703 W Seaver Ave
- 2420 W 5th Ave Unit 30
- 645 S Cornwall Dr
- 351 N Meridian Rd Unit 4
- 351 N Meridian Rd Unit 38
- 351 N Meridian Rd Unit 126
- 351 N Meridian Rd Unit 45
- 351 N Meridian Rd Unit 122
- 351 N Meridian Rd Unit 147
- 351 N Meridian Rd Unit 54
- 351 N Meridian Rd Unit 42
- 561 S Meridian Rd Unit 2
- 561 S Meridian Rd Unit 1
- 585 S Meridian Rd Unit 5
- 585 S Meridian Rd
- 3197 W 5th Ave
- 552 S Smythe Dr
- 546 S Smythe Dr
- 594 S Smythe Dr Unit 6
- 597 S Meridian Rd
- 240 S Meridian Rd
- 302 S Meridian Rd
- 230 S Meridian Rd Unit 3
- 620 S Smythe Dr
- 232 S Meridian Rd
- 232 N Meridian Dr
- 561 S Smythe Dr
- 585 S Smythe Dr
- 651 S Meridian Rd
- 475 S Meridian Rd
- 650 S Smythe Dr
Your Personal Tour Guide
Ask me questions while you tour the home.