NOT LISTED FOR SALE

950 N Ocotillo Dr Apache Junction, AZ 85120

Estimated Value: $254,000 - $342,000

5 Beds
1 Bath
999 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $88,000 $88 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,626/month

232 Days on Market

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Heating Available
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2014

Five bedroom home great for a large family. Tile floors throughout,centrally located close to shopping and schools. Fenced yard. Great home for first time investor as well or larger portfolio. Currently rented Month to Month. No sign on property. Tenants Rights

Last Agent to Sell the Property

Charles Duck

Blackwing Real Estate License #BR577367000 Listed on: 04/25/2013

Last Buyer's Agent

Jaylene Garrett

Real Broker License #SA552122000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1973

Lot Details

  • 8,448 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Four Peaks Elementary School - Apache Junction
  • Desert Shadows Elementary Middle School
  • Apache Junction High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cholla Vista Estates Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 100-36-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: US60 and Signal Butte
  • Legal Info Range: 08E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1973
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: Cholla Vista Estates
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 88.08
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area: 999.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Four Peaks Elementary School - Apache Junction
  • High School: Apache Junction High School
  • Middle Or Junior School: Desert Shadows Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8448.0
  • Parcel #: 100-36-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 630.04
  • Tax Book Number: 100.00
  • Tax Lot: 16
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jan 14, 2014
Sold by
Depressed Market Real Estate Holding Com
Bought by
Stout Troy and Stout Troy D
Seller's Agent
Charles Duck
Blackwing Real Estate
Buyer's Agent
Jaylene Garrett
Real Broker
List Price
$95,000
Sold Price
$88,000
Premium/Discount to List
-$7,000
-7.37%
Current Estimated Value
$297,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,915
Avg. Annual Appreciation
10.75%
Original Mortgage
$84,442
Outstanding Balance
$63,405
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$234,510

Purchase Details

Closed on
Apr 11, 2011
Sold by
Fannie Mae
Bought by
Depressed Market Real Estate Holding Com

Purchase Details

Closed on
Jan 31, 2011
Sold by
Gamez Anilu
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2007
Sold by
Gamez Sergio
Bought by
Gamez Anilu

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
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Invesments Topat
Bought by
Vehon Thom F and Vehon Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 1995
Sold by
Dexter Raymond A and Dexter Jeannie A
Bought by
Topat Investments
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stout Troy $86,900 American Title Service Agenc
Depressed Market Real Estate Holding Com $39,000 First American Title Company
Federal National Mortgage Association $152,994 First American Title
Gamez Anilu -- Security Title Agency Inc
Gamez Anilu $160,000 Security Title Agency Inc
Vehon Thom F -- First American Title Ins Co
Topat Investments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Troy $84,442
Previous Owner Gamez Anilu $160,000
Previous Owner Vehon Thom F $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2014 01/22/14 Sold $88,000 -1.1% $88 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
07/10/2013 07/10/13 Price Changed $89,000 -6.3% $89 / Sq Ft
04/25/2013 04/25/13 For Sale $95,000 -- $95 / 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 $781 $19,066 -- --
2024 $737 $19,237 -- --
2023 $768 $20,455 $8,448 $12,007
2022 $737 $16,134 $8,448 $7,686
2021 $750 $15,178 $0 $0
2020 $731 $14,364 $0 $0
2019 $701 $14,045 $0 $0
2018 $687 $6,090 $0 $0
2017 $669 $5,245 $0 $0
2016 $574 $5,058 $1,265 $3,793
2014 $588 $3,854 $1,100 $2,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4926218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 100-36-016