NOT LISTED FOR SALE

585 S Meridian Rd Unit 5 Apache Junction, AZ 85120

Estimated Value: $86,000 - $295,000

0.27 Acre
$746,237 Price per Acre
11,761 Sq Ft Lot

Last Sold May 14, 2018

Last sale price $45,500

Est. 343% increase in value since last sale

Current estimated payment $1,144/month

14 Days on Market

About This Lot

As of May 2018

Vacant Lot zoned B1 General Commercial City of Apache Junction. Electric in ally and water either on-site or tie-in at street center (Arizona Water Company). Buyer to verify zoning, availability of utilities.

Last Listed By

Heather Velasco

Lost Dutchman Realty License #SA676878000 Listed on: 04/25/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $282

Year Built

  • 1990

Lot Details

  • 0.27 Acre Lot
  • Property is zoned Commercial B1

Community Details

  • No Home Owners Association
  • Smythe's County Line Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 101-08-010

Property Details

Property Type

Land

Est. Annual Taxes

$282

Year Built

1990

Lot Details

0

Listing Details

  • Cross Street: Broadway and Meridian
  • Legal Info Range: 08E
  • Property Type: Land
  • Zoning: Commercial B1
  • Tax Year: 2017
  • Directions: Travel north on Meridian from Broadway. Vacant Lot will be on your right. If you reach 5th, you've gone a little too far.
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt
  • Subdivision Name: SMYTHE'S COUNTY LINE SUBDIVISION
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1990

Interior Features

  • Possible Use: Multi-Family, Commercial

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: Private Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 100.44x118.48
  • Lot Size Sq Ft: 11873.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 101-08-010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 282.0
  • Tax Book Number: 101.00
  • Tax Lot: 5
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 21, 2018
Sold by
Sculptured Earth Resources Llc
Bought by
Felix Eduardo and Felix Debbie
Seller's Agent
Heather Velasco
Lost Dutchman Realty
Buyer's Agent
Brenda Mehl
Sonoran Country Realty LLC
List Price
$48,000
Sold Price
$45,500
Premium/Discount to List
-$2,500
-5.21%
Total Days on Market
14
Current Estimated Value
$201,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,984
Avg. Annual Appreciation
22.35%

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 17, 2016
Sold by
Escoto Juan Carlos
Bought by
Sculptured Earth Resources Llc
Seller's Agent
Soraya Corona
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$36,000
Sold Price
$37,000
Premium/Discount to List
$1,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Apr 20, 2006
Sold by
Mosher Teresa A
Bought by
Escoto Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Escoto Maria S Alfaro
Bought by
Escoto Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1998
Sold by
Patch Enterprises Inc
Bought by
Upper Room Pentecostal Church Of Apache

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.02%

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
Felix Eduardo $45,500 Clear Title Agency Of Arizon
Sculptured Earth Resources Llc $37,000 Grand Canyon Title Agency
Escoto Juan Carlos $65,000 American Title Svc Agency Ll
Escoto Juan Carlos -- American Title Svc Agency Ll
Upper Room Pentecostal Church Of Apache $55,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escoto Juan Carlos $45,000
Previous Owner Upper Room Pentecostal Church Of Apache $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $45,500 -5.2% --
04/30/2018 04/30/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $48,000 +5.5% --
04/24/2018 04/24/18 Off Market $45,500 -- --
04/16/2018 04/16/18 For Sale $48,000 +29.7% --
02/19/2016 02/19/16 Sold $37,000 +2.8% --
02/01/2016 02/01/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $36,000 -- --
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 $315 $7,093 -- --
2024 $297 $7,079 -- --
2023 $310 $3,119 $2,950 $169
2022 $297 $3,072 $2,950 $122
2021 $303 $3,061 $0 $0
2020 $295 $3,050 $0 $0
2019 $283 $3,041 $0 $0
2018 $277 $1,181 $0 $0
2017 $282 $1,175 $0 $0
2016 $288 $1,174 $1,097 $77
2014 -- $1,537 $1,357 $180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5752981

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-08-010