$306,450
SOLD MAY 1, 2013

824 E Junction St Apache Junction, AZ 85119

-- Bed
-- Bath
1,700 Sq Ft
0.56 Acres

Recently Sold

$180 Per Sq Ft

17% Below List Price

44 Days on Market

About This Home

As of May 2013

Handy man special , 7 unit complex, 3 3 bedroom 2 bath units and 4 2 bedroom 2 bath units , one car garages on the 2 bedroom units and 2 car garage on the 3 bedroom units. 1 unit currently rented and the rest need varying states of repair. Includes units 820-840. Owner financing possible with at least 10% down. Buyer and their agent to verify all information.

Last Agent to Sell the Property

Michael Ray Taggart

Realty ONE Group License #BR532142000 Listed on: 12/13/2012

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1968

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Schools

  • Desert Vista Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, sewer, landscaping
  • Assessor Parcel Number 101-29-002-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 35590

Building Details

  • Operating Expense $21,580
  • Gross Income $68,040
  • Net Operating Income $51,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,820

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Idaho and Junction
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 0350/apts5-24
  • Number Of Buildings: 1
  • Year Built: 1968
  • Tax Year: 2011
  • Directions: Go east to property
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 5100.0
  • Garage Yn: Yes
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Garage Details: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 3600.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School

Lot Info

  • Lot Size: 35590
  • Additional Parcels: Yes
  • Parcel #: 101-29-002-A

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 68040.0
  • Insurance Expense: 3500.0
  • Maintenance Expense: 7560.0
  • Property Net Operating Income: 51747.0
  • Annual Operating Expense: 21580.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1820.0
  • Tax Book Number: 101.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2013
Sold by
Roberson Jean
Bought by
Mayder Real Estate Llc
Current Estimated Value
$621,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,450
Outstanding Balance
$173,761
Interest Rate
3.79%
Mortgage Type
Seller Take Back
Estimated Equity
$446,572

Purchase Details

Closed on
Nov 8, 2004
Sold by
Chick Jon M and Chick Constance E
Bought by
Roberson Jerry C and Roberson Jean M
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $306,450 Great Amer Title Agency Inc
Cash Sale Deed $200,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,450 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Rented $1,649 0.0% --
03/03/2022 03/03/22 Under Contract -- -- --
01/25/2022 01/25/22 Price Changed $1,649 -2.9% $1 / Sq Ft
01/12/2022 01/12/22 For Rent $1,699 +21.4% --
01/15/2021 01/15/21 Rented $1,400 0.0% --
11/24/2020 11/24/20 Under Contract -- -- --
11/06/2020 11/06/20 For Rent $1,400 +40.1% --
11/15/2019 11/15/19 Rented $999 0.0% --
10/01/2019 10/01/19 For Rent $999 +25.0% --
10/01/2013 10/01/13 Rented $799 0.0% --
10/01/2013 10/01/13 Under Contract -- -- --
08/23/2013 08/23/13 For Rent $799 0.0% --
05/01/2013 05/01/13 Sold $306,450 -17.2% $180 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $369,900 -- $218 / 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 $2,253 $45,778 -- --
2024 $2,126 $46,035 -- --
2023 $2,218 $37,676 $7,244 $30,432
2022 $2,126 $17,871 $2,344 $15,527
2021 $2,166 $17,354 $0 $0
2020 $2,110 $14,087 $0 $0
2019 $2,024 $17,280 $0 $0
2018 $1,983 $12,677 $0 $0
2017 $1,986 $12,423 $0 $0
2016 $2,002 $12,531 $1,800 $10,731
2014 $1,896 $11,089 $1,800 $9,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4862334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-29-002A