$999,000
$216K PRICE DROP

153 N Ocotillo Dr Apache Junction, AZ 85120

Estimated payment $5,768/month

Total Views 1,207
-- Bed
-- Bath
5,000 Sq Ft
$200 Price per Sq Ft

Highlights

  • Gated Community
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 0.98 Acre Lot
  • Security Fence
  • Heating Available

About This Home

Great gated community with a total of 16 lots...9 RV units, 3 stick built homes (including two duplex), 1 manufactured home, 1 tiny home, community laundry room and 12 storage sheds. 4 lots ready for additional units/income potential. All new electrical equipment rerouted underground - all units individually metered - 100 amp pedestals. Park is located within the Phoenix metropolitan area with booming growth - minutes from the 60 and 202 and walking distance to Wal-Mart and Safeway. Proforma numbers in listing. Please see attachment for trailing 12 numbers.

Listing Agent

Jason Moss

RCP Real Estate LLC License #BR629382000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1950

Lot Details

  • 0.98 Acre Lot
  • Security Fence
  • Property is zoned GR

Home Design

  • 5,000 Sq Ft Home
  • Wood Frame Construction

Flooring

  • Carpet
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Fenced Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 101-03-006

Community Details

Overview

  • 7 Buildings
  • Cayton Subdivision

Building Details

  • Operating Expense $27,440
  • Gross Income $148,918
  • Net Operating Income $101,373

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$2,304

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: W Apache Trl and Ironwood Dr
  • Legal Info Range: 08E
  • Property Type: Comm/Industry Sale
  • Zoning: GR
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: W on Apache Trl, N on Ocotillo to gated entrance on E side of street
  • Lot Size Acres: 0.98
  • Road Surface Type: Gravel, Asphalt
  • Professional Management Expense: 7356.0
  • Subdivision Name: CAYTON SUBDIVISION
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 5000.0

Exterior Features

  • Fencing: Security
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Other
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0

Utilities

  • Electric: Other (See Remarks), Individual Meter, Underground, SRP
  • Cooling: Central Air, Window/Wall Unit
  • Heating: See Remarks, None, Electric
  • Green Building Features: Other (See Remarks), Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:None29: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Trash Expense: 5862.0
  • Annual Water Sewer Expense: 6152.0

Lot Info

  • Lot Size Sq Ft: 42500.0
  • Parcel #: 101-03-006
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2400.0
  • Annual Gross Income: 148918.2
  • Insurance Expense: 3366.0
  • Property Net Operating Income: 101373.0
  • Annual Operating Expense: 27440.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2304.0
  • Tax Book Number: 101.00
  • Tax Lot: 0
  • Tax Map Number: 3.00

Map

Range of Values:

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

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 $2,340 -- -- --
2024 $2,209 -- -- --
2023 $2,304 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Price Changed $999,000 -4.4% $200 / Sq Ft
01/06/2025 01/06/25 Price Changed $1,045,000 -4.6% $209 / Sq Ft
12/10/2024 12/10/24 Price Changed $1,095,000 -9.9% $219 / Sq Ft
08/30/2024 08/30/24 For Sale $1,215,000 +163.0% $243 / Sq Ft
12/18/2018 12/18/18 Sold $462,000 +20.0% --
12/05/2018 12/05/18 Pending -- -- --
12/04/2018 12/04/18 Price Changed $385,000 -36.4% --
12/04/2018 12/04/18 Price Changed $605,000 -1.1% --
12/02/2018 12/02/18 Price Changed $612,000 -1.1% --
11/29/2018 11/29/18 Price Changed $619,000 -1.6% --
11/28/2018 11/28/18 Price Changed $629,000 -0.9% --
11/26/2018 11/26/18 Price Changed $635,000 -2.3% --
11/05/2018 11/05/18 For Sale $650,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $165,000 New Conventional
Closed $80,000 New Conventional
Closed $49,800 New Conventional
Closed $52,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6750592

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-03-006