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Maricopa 85120 Merrill Ranch
325 N 103RD Place
Photo of 325 N 103RD Place
Sold on Mar 23, 2022

16

Map

Photo of 325 N 103RD Place
Photo of 325 N 103RD Place
$420,000
● House - Off Market

325 N 103RD Place

Apache Junction, AZ 85120
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,042 Ft²
$394,172
RealtyHop Estimate
-2.65%
Since Apr 1, 2022
AZ-Phoenix
Primary Model

About This Property

3 Bedroom 2.5 bath updated corner lot home in Merrill Ranch! Fresh exterior/interior paint. New flooring and New stainless steel appliances in open kitchen.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$198
Property Type
House
Property Taxes
$94
HOA Dues
$72
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 23 days ago (ARMLS #6313078)

Price History

Date / Event Date Event Price
Mar 23, 2022 Sold
Premium
Sold
Oct 27, 2021 Listed by OfferPad Brokerage, LLC $404,900
Listed by OfferPad Brokerage, LLC
Sep 28, 2021 Sold
Premium
Sold
May 3, 2010 Sold
Premium
Sold
Feb 11, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 3,802
  • Total Building Area: 2,042
  • Gross Building Area: 2,042
  • Building Area: 2,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,042
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERRILL RANCH
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: MERRILL RANCH MCR 543-13

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420116

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 54313
  • Parcel: 220-45-049
  • Lot: 22
  • Meridian: SEC 23 TWN 1N RNG 7E
  • Latitude: 33.4213
  • Longitude: -111.607

    Address

  • Full Address: 325 N 103rd Pl
  • Address - House Number: 325
  • Street Direction: N
  • Address - Street Name: 103rd
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Apache Junction
  • Carrier Code: R032
  • 4-Digit Zip Code: 4263
  • Zip Code: 85120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,022
  • Tax Rate Code Area: 040012

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 426,539
  • High Value: 494,691
  • Low Value: 358,387

    Market Valuation

  • Market Total Value: $291,200
  • Market Land Value: $58,200
  • Market Improvement Value: $233,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,120
  • Assessed Land Value: $5,820
  • Assessed Improvements Value: $23,300

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 261711
  • Previous Sale Recording Date: Sep 28, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Merrill Ranch

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9652 E Hampton Avenue, Mesa, AZ, 85209

$1,540 /mo

  • 1 Bed
  • 1 Bath
  • 645 ft²
9652 E Hampton Avenue #1, Mesa, AZ, 85209 Listing by Pete Tuccio
Unit for rent at 8952 E Crescent Avenue, Mesa, AZ, 85208

$1,825 /mo

  • 3 Beds
  • 2 Baths
  • 1,352 ft²
8952 E Crescent Avenue, Mesa, AZ, 85208 Listing by Dennis L Strobehn
Unit for rent at 10903 E Diamond Avenue, Mesa, AZ, 85208

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,591 ft²
10903 E Diamond Avenue, Mesa, AZ, 85208 Listing by Edgar J Hernandez Vergil

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Derek Dickson, OfferPad Brokerage, LLC
Last Updated: 23 days ago
Data Source: ARMLS, MLS# 6313078
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 325 North 103rd Place built and last sold?
The property at 325 North 103rd Place was built in 2004 and last sold on Feb 23, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 325 North 103rd Place is $410,767.
What are some comparable homes to 325 North 103rd Place?
There are currently no comparable homes to 325 North 103rd Place.
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