NOT LISTED FOR SALE

8251 W Sandy Ln Arizona City, AZ 85123

Estimated Value: $289,000 - $543,000

-- Bed
8 Baths
1,482 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $475,000 $321 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,673/month

45 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of November 2021

Back on Market! Buyers Loan Denied!! Great Investment Opportunity!! 100% Occupied 2000 Built Fourplex with all 2 Bedroom & 2 Bath Units - Offering Plenty of Parking and Each Unit with Private Fenced Backyards! Each apartment has a Large Living Room, Eat in Kitchen, and Laundry. Most areas are tile. They all offer Complete Appliance Packages, including Refrigerators, Ranges, Dishwashers and Laundry Hook Ups plus Ceiling Fans! Large Bedrooms!
This opportunity will not last!

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 08/10/2021

Keller Williams Arizona Realty

Last Buyer's Agent

Doug McVinua

Blue Sky Living, LLC License #BR512549000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 2000

Lot Details

  • 9,017

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Schools

  • Toltec Elementary School
  • Vista Grande High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source

Listing and Financial Details

  • The owner pays for trash collection, sewer
  • Tax Lot 1142
  • Assessor Parcel Number 406-02-092-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 90 x 100

Building Details

  • Operating Expense $8,563
  • Gross Income $36,000
  • Net Operating Income $27,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,837

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: Sunland Gin & Battaglia
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2000
  • Tax Year: 2020
  • Directions: South on Sunland Gin, East on Battaglia, South on Tacina, East on Sandy Ln
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 780.0
  • Annual Water Sewer Expense: 1296.0

Schools

  • Elementary School: Toltec Elementary School
  • High School: Vista Grande High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Toltec Elementary School

Lot Info

  • Lot Size: 90 x 100
  • Additional Parcels: No
  • Parcel #: 406-02-092-B

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Insurance Expense: 1650.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 27437.0
  • Annual Operating Expense: 8563.0

Tax Info

  • Tax Annual Amount: 1837.0
  • Tax Book Number: 406.00
  • Tax Lot: 1142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 21, 2021
Sold by
Huh Wooyoung and Koo Kyungrno
Bought by
Koo Kyungmo
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Doug McVinua
Blue Sky Living, LLC
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$461,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,268
Avg. Annual Appreciation
-0.53%
Original Mortgage
$337,500
Outstanding Balance
$312,489
Interest Rate
2.99%
Estimated Equity
$153,032

Purchase Details

Listed on
Sep 24, 2019
Closed on
Oct 24, 2019
Sold by
Equity Trust Company
Bought by
Vanpatten Donald Howard
Seller's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$275,000
Sold Price
$234,600
Premium/Discount to List
-$40,400
-14.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.07%
Original Mortgage
$142,108
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jun 16, 2015
Sold by
Ryan Patricia J
Bought by
Equity Trust Compny
Seller's Agent
Colleen Bechtel
Keller Williams Legacy One
Buyer's Agent
Colleen Bechtel
Keller Williams Legacy One
List Price
$125,000
Sold Price
$109,000
Premium/Discount to List
-$16,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jan 24, 2012
Sold by
Berwick Simeon and Berwick Nicole
Bought by
Ryan Patricia J
Seller's Agent
Colleen Bechtel
Keller Williams Legacy One
Buyer's Agent
Colleen Bechtel
Keller Williams Legacy One
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%

Purchase Details

Closed on
Apr 21, 2010
Sold by
Berwick Nicole
Bought by
Berwick Simeon Mark

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
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Choi Henry and Choi Chun Yu
Bought by
Bewicdk Simeon Mark

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
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
P & B Llc
Bought by
Choi Henry

Purchase Details

Closed on
Jul 7, 2008
Sold by
Choi Henry
Bought by
P & B Llc

Purchase Details

Closed on
Oct 8, 2002
Sold by
Zobrist Richard and Zobrist Angela
Bought by
Havig Paul D and Havig Clarin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Koo Kyungmo -- Security Title Agency
Koo Kyungmo $475,000 Security Title Agency
Vanpatten Donald Howard $234,600 Security Title Agency Inc
Equity Trust Compny $109,000 Security Title Agency Inc
Ryan Patricia J $72,000 Security Title Agency
Berwick Simeon Mark -- Title Management Agency Of A
Bewicdk Simeon Mark $60,000 Title Management Agency Of A
Choi Henry -- None Available
P & B Llc -- None Available
Havig Paul D $225,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koo Kyungmo $337,500
Closed Koo Kyungmo $337,500
Previous Owner Vanpatten Donald Howard $142,108
Previous Owner Quuity Trust Comp Sustodian Fbo James Ad $389,742
Previous Owner Berwick Simeon Mark $45,000
Previous Owner Choi Henry $51,766
Previous Owner Havig Paul D $164,000
Previous Owner Havig Paul D $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $475,000 0.0% $321 / Sq Ft
11/01/2021 11/01/21 For Sale $475,000 0.0% $321 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $475,000 +102.5% $321 / Sq Ft
10/29/2019 10/29/19 Sold $234,600 -14.7% $158 / Sq Ft
09/23/2019 09/23/19 For Sale $275,000 +152.3% $186 / Sq Ft
06/18/2015 06/18/15 Sold $109,000 -12.8% $74 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $125,000 +73.6% $84 / Sq Ft
01/31/2012 01/31/12 Sold $72,000 -9.9% $45 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $79,900 -- $50 / 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 $1,883 $23,327 -- --
2024 $1,817 $27,034 -- --
2023 $1,865 $19,306 $1,261 $18,045
2022 $1,817 $14,240 $585 $13,655
2021 $1,898 $12,840 $0 $0
2020 $1,837 $13,037 $0 $0
2019 $1,756 $11,748 $0 $0
2018 $1,720 $10,317 $0 $0
2017 $1,766 $9,862 $0 $0
2016 $2,098 $10,181 $340 $9,841
2014 -- $9,300 $300 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6277841

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-02-092B