NOT LISTED FOR SALE

991 E Old West Hwy Unit 1 Apache Junction, AZ 85119

Estimated Value: $823,243

-- Bed
-- Bath
1,381 Sq Ft
$596/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $639,500 $463 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,944/month

462 Days on Market

About This Home

As of March 2021

Excellent commercial opportunity located in Apache Junction with frontage on the high traffic count Main Street/Apache Trail corridor. This property has 185+ - feet of frontage. Unparalleled visibility with access from the east and west bound traffic lanes of Old West Highway. This former auto repair shop has 1380 sqft of shop with 2 bay doors, office and storage plus 1000+ - square ft steel bay with concrete slab with 13' ceilings for warehouse/storage/auto bays etc. Property is completely fenced with new sliding gate. This property will make a great investment for an owner user as it sits between the new Fry's Market Place Power Center and the Gold Field US 60 corridor which feeds traffic to the Fry's Market Place Center.


Growing area in Apache junction .

Last Listed By

Tara Stapley

Realty ONE Group License #SA680906000 Listed on: 11/21/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1953

Lot Details

  • 1.61 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned Com

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,381 Sq Ft Home
  • Concrete Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • No Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 102-03-136-A

Community Details

Overview

  • Building Dimensions are IRR
  • Palm Springs Subdivision

Building Details

  • Operating Expense $4,618

Property Details

Property Type

Other

Est. Annual Taxes

$4,618

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Royal Palm
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: Com
  • Number Of Buildings: 1
  • Year Built: 1953
  • Tax Year: 2019
  • Directions: US 60 to Idaho N Old West Highway . Right to property .
  • Lot Size Acres: 1.61
  • Subdivision Name: PALM SPRINGS
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:None30: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: None
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:None29: Yes

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 70131.0
  • Additional Parcels: No
  • Parcel #: 102-03-136-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4618.0

Tax Info

  • Tax Annual Amount: 4618.0
  • Tax Book Number: 102.00
  • Tax Lot: 0
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Mar 19, 2021
Sold by
Eagle Marcum Holdings Llc
Bought by
Sm Holdings Llc
Seller's Agent
Tara Stapley
Realty ONE Group
Buyer's Agent
Conner Long
America One Luxury Real Estate
List Price
$679,000
Sold Price
$639,500
Premium/Discount to List
-$39,500
-5.82%
Total Days on Market
462
Current Estimated Value
$823,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,743
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Feb 14, 2018
Sold by
Flitton Mark J
Bought by
Eagle Marcum Holdings Llc

Purchase Details

Closed on
Nov 20, 2003
Sold by
Pershall Lola Gardner and Flitton Mark J
Bought by
Trust B Of The Ray & Lola Pershall Revoc

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
Sm Holdings Llc $639,500 Clear Title
Eagle Marcum Holdings Llc $150,000 Clear Title Agency Of Arizon
Trust B Of The Ray & Lola Pershall Revoc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $639,500 -5.8% $463 / Sq Ft
11/20/2019 11/20/19 For Sale $679,000 -- $492 / 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 $4,564 -- -- --
2024 $4,569 -- -- --
2023 $4,629 $76,912 $63,118 $13,794
2022 $4,569 $75,692 $63,118 $12,574
2021 $4,786 $79,443 $0 $0
2020 $4,663 $32,605 $0 $0
2019 $4,618 $32,057 $0 $0
2018 $4,691 $31,654 $0 $0
2017 $4,825 $31,852 $0 $0
2016 $4,714 $19,987 $19,987 $19,987
2014 $5,238 $16,121 $10,520 $5,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6007197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-03-136A