NOT LISTED FOR SALE

Apache Junction, AZ 85120

Estimated Value: $290,778 - $344,000

-- Bed
-- Bath
1,482 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $145,000 $98 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,788/month

132 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Cooling Available
  • Ceiling Fan

About This Home

As of May 2018

Positive cash flow from Day 1. Do not disturb tenants. Viewing and inspections only upon executed contract. No sign on property. Excellent investment property sold AS IS. Large property allows for RV?Boat/vehicle parking. Both units recently renovated. Both units leased. Owner supplies washer/dryer in laundry shed for renters. Lot is half acre. Pad in rear yard has water, electric and sewer. Seller is a licensed Real Estate Broker in the state of Colorado. Buyer to verify all facts and figures. Owner may carry with significant down payment. Great value at $101 per square foot

Last Agent to Sell the Property

Judy K. Daniels

Jonna Baker & Associates Realty License #BR008794000 Listed on: 11/15/2017

Last Buyer's Agent

Cecilia Mulroy

My Home Group Real Estate License #BR647070000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,168

Year Built

  • Built in 1958

Lot Details

  • 0.51

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 12 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking

Schools

  • Four Peaks Elementary School - Apache Junction
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for gas, electricity, trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 101-10-120-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100x220
  • Grand View Place Subdivision

Building Details

  • Operating Expense $6,833
  • Gross Income $20,400
  • Net Operating Income $13,924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,168

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Ironwood/Broadway
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: GRAND VIEW PLACE
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Boat Parking, Add'l Parking Avail, Common
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Fuel Expense: 373.0
  • Trash Expense: 540.0
  • Annual Water Sewer Expense: 1490.0

Schools

  • Elementary School: Four Peaks Elementary School - Apache Junction
  • High School: Apache Junction High School
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 100x220
  • Additional Parcels: No
  • Parcel #: 101-10-120-A

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 2375.0
  • Annual Gross Income: 20400.0
  • Insurance Expense: 479.0
  • Property Net Operating Income: 13924.0
  • Annual Operating Expense: 6833.0

Tax Info

  • Tax Annual Amount: 1168.0
  • Tax Book Number: 101.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
May 2, 2018
Sold by
Niagara Properties Inc
Bought by
Munoz Javier
Seller's Agent
Judy K. Daniels
Jonna Baker & Associates Realty
Buyer's Agent
Cecilia Mulroy
My Home Group Real Estate
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$319,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,695
Avg. Annual Appreciation
10.87%
Original Mortgage
$102,750
Outstanding Balance
$88,573
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$231,122

Purchase Details

Closed on
May 13, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Niagara Properties Inc

Purchase Details

Closed on
Apr 2, 2009
Sold by
Willis Caron
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hobbs Wiley C
Bought by
Willis Caron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1999
Sold by
Hobbs Mildred L
Bought by
Hobbs Mildred L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Munoz Javier $145,000 Magnus Title Agency Llc
Niagara Properties Inc $65,000 Old Republic Title Agency
Wells Fargo Bank National Association $85,000 None Available
Willis Caron M $149,900 First American Title Insuran
Hobbs Mildred L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Javier $102,750
Previous Owner Willis Caron M $119,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2018 05/03/18 Sold $145,000 -3.3% $98 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $150,000 0.0% $101 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $150,000 0.0% $101 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $150,000 +6.9% $101 / Sq Ft
06/30/2016 06/30/16 Sold $140,300 -3.2% $95 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $145,000 -- $98 / 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 $1,361 $21,466 -- --
2024 $1,284 $22,172 -- --
2023 $1,339 $14,583 $4,389 $10,194
2022 $1,284 $11,807 $4,402 $7,405
2021 $1,308 $10,884 $0 $0
2020 $1,274 $10,516 $0 $0
2019 $1,222 $10,092 $0 $0
2018 $1,198 $7,656 $0 $0
2017 $1,168 $7,303 $0 $0
2016 $1,181 $7,213 $2,530 $4,683
2014 $1,149 $6,721 $2,530 $4,191
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judy K. Daniels

    Jonna Baker & Associates Realty

    (480) 688-8558

    7 in this area

    12 Total Sales

    Judy K. Daniels
    Section Image

  • C

    Buyer's Agent in 2018

    Cecilia Mulroy

    My Home Group

    (480) 685-2760

    40 Total Sales

    Cecilia Mulroy
    Section Image

  • M

    Seller's Agent in 2016

    Morten Pedersen

    Pedersen Real Estate & Property Management

  • Travis Jensen

    Buyer's Agent in 2016

    Travis Jensen

    HomeSmart

    (605) 381-8728

    17 Total Sales

    Travis Jensen
    Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5688133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-10-120A

Arizona Pinal County Apache Junction

85120

Not Listed for Sale

MultiFamily

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

Nearby Homes