NOT LISTED FOR SALE

616 N San Marcos Dr Apache Junction, AZ 85120

Apache Junction Area
8 Beds
6 Baths
1,118 Sq Ft
1985 Built

Sale Details

Date Sold: December 15, 2016

Last sale price $245,223 $219 Per Sq Ft

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Concrete Flooring

About This Home

As of December 2016

Nice apartments with good cash flow. No vacancies. Great location. All facts and figs approx.

Last Agent to Sell the Property

Robert Glen Miles

Robert Miles Realty, LLC License #BR015380000 Listed on: 10/19/2016

Last Buyer's Agent

Gail Davis

ProSmart Realty License #BR005188000

ProSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 101-13-012-C

Community Details

Overview

  • 6 Units
  • Building Dimensions are 13467
  • Beaty Subdivision

Building Details

  • Operating Expense $19,466
  • Gross Income $38,160
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

Built in 1985

Listing Details

  • Cross Street: University and Ironwood
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3720.0
  • Subdivision Name: BEATY SUBDIVISION
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Trash Expense: 2500.0
  • Annual Water Sewer Expense: 3750.0

Lot Info

  • Lot Size: 13467
  • Additional Parcels: No
  • Parcel #: 101-13-012-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 6
  • Electric Expense: 1550.0
  • Annual Gross Income: 38160.0
  • Insurance Expense: 2210.0
  • Maintenance Expense: 2308.0
  • Property Net Operating Income: 37200.0
  • Annual Operating Expense: 19466.0

Tax Info

  • Tax Annual Amount: 2608.0
  • Tax Book Number: 101.00
  • Tax Lot: 12

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
Oct 19, 2016
Closed on
Dec 13, 2016
Sold by
Bought by
Seller's Agent
Robert Glen Miles
Robert Miles Realty, LLC
Buyer's Agent
Gail Davis
ProSmart Realty
List Price
$252,000
Sold Price
$245,223
Premium/Discount to List
-$6,777
-2.69%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0564%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.0691%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$245,223 Old Republic Title Agency
$300,000 Transnation Title Ins Co
$190,000 --
-- --
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
Previous Owner $150,000
Previous Owner $160,000
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
12/15/2016 12/15/16 Sold $245,223 -2.7% $219 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $252,000 -- $225 / 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 $2,447 $23,998
2024 $2,336 $25,064
2023 $2,409 $17,574 $3,659 $13,915
2022 $2,336 $16,933 $4,025 $12,908
2021 $2,518 $17,417 $0 $0
2020 $2,453 $17,629 $0 $0
2019 $2,353 $17,398 $0 $0
2018 $2,305 $14,736 $0 $0
2017 $2,493 $15,592 $0 $0
2016 $2,608 $15,923 $1,403 $14,521
2014 $2,937 $17,176 $1,403 $15,774
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Glen Miles

    Robert Miles Realty, LLC

    (480) 704-3230

    2 Total Sales

    Robert Glen Miles
    Section Image

  • G

    Buyer's Agent in 2016

    Gail Davis

    ProSmart Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5513231

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pinal County Apache Junction 85120

616 N San Marcos Dr, Apache Junction, AZ

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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