NOT LISTED FOR SALE

1414 E 25th Ave Apache Junction, AZ 85119

Estimated Value: $344,528 - $557,000

-- Bed
4 Baths
800 Sq Ft
$594/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $140,000 $175 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,756/month

16 Days on Market

About This Home

As of May 2013

This is a great opportunity to purchase a 4-plex in a great location. Close to the 60, this property is never hard to fill. The units are all very large with large rooms and large yards. One unit has a 2 car garage in the back yard that needs some work, but allows for a premium as a 2 bedroom unit with garage in this area is unheard of. The north side of the roof was replaced in the last 60 days and the south side in the last few years. Unit one is vacant and needs some TLC to be rent ready, but the other 3 units have long term tenants in place.

Last Listed By

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 03/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1980

Lot Details

  • 0.38

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1717
  • Assessor Parcel Number 102-27-216

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 0 Acres

Building Details

  • Operating Expense $10,084
  • Gross Income $16,022
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Tomahawk and Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 2
  • Year Built: 1980
  • Tax Year: 2011
  • Directions: From Southern go South to 25th St. Turn West on 25th, last building on North side before you turn.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1900.0

Lot Info

  • Lot Size: 0 Acres
  • Additional Parcels: No
  • Parcel #: 102-27-216

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 16021.8
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 16000.0
  • Annual Operating Expense: 10084.24
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1974.24
  • Tax Book Number: 102.00
  • Tax Lot: 1717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Mayder Wes and Mayder Mona
Bought by
Mayder Real Estate Llc
Total Days on Market
16
Current Estimated Value
$474,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$376,539
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$90,973

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 10, 2013
Sold by
Reltso Llc
Bought by
Mayder Wes and Mayder Mona
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$105,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Cathey C Dean
Bought by
Reltso Llc

Purchase Details

Closed on
May 3, 2010
Sold by
Cathey C Dean and Cathey Margaret M
Bought by
Critchlow Kit

Purchase Details

Closed on
Nov 4, 2005
Sold by
Cathey C Dean
Bought by
Cathey C Dean and Cathey Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 2, 2005
Sold by
Hobbs Winifred Jenicek
Bought by
Cathey C Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 2, 2005
Sold by
Cathey Margaret Mignon
Bought by
Cathey C Dean

Purchase Details

Closed on
Dec 27, 2002
Sold by
Hobbs Winifred
Bought by
Hobbs Winifred J

Range of Values:

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Average Value
Not Available
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
Mayder Real Estate Llc -- Great American Title
Mayder Wes $140,000 Great American Title Agency
Reltso Llc $94,585 None Available
Critchlow Kit -- None Available
Cathey C Dean -- Tsa Title Agency
Cathey C Dean $240,000 Tsa Title Agency
Cathey C Dean -- Tsa Title Agency
Hobbs Winifred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayder Real Estate Llc $385,000
Previous Owner Mayder Wes $105,000
Previous Owner Cathey C Dean $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $140,000 -6.7% $175 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $150,000 -- $188 / 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 $1,475 $25,536 -- --
2024 $1,392 $25,605 -- --
2023 $1,452 $15,843 $4,896 $10,947
2022 $1,392 $21,399 $4,896 $16,503
2021 $1,418 $20,292 $0 $0
2020 $1,382 $16,670 $0 $0
2019 $1,325 $16,005 $0 $0
2018 $1,298 $8,729 $0 $0
2017 $1,264 $8,496 $0 $0
2016 $1,233 $8,161 $1,100 $7,061
2014 $1,168 $6,829 $1,100 $5,729
Source: Public Records

Agents Affiliated with this Home

  • Brickman Allen

    Seller's Agent in 2013

    Brickman Allen

    Tradelands Realty

    (480) 620-8437

    1 in this area

    32 Total Sales

    Brickman Allen
    Section Image
  • Daniel Rosenbaum

    Buyer's Agent in 2013

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    2 in this area

    28 Total Sales

    Daniel Rosenbaum
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4906982

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-216

Arizona Pinal County Apache Junction 85119

1414 E 25th Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1414 E 25th Ave, Apache Junction, AZ 85119 since 19 March 2013 and is currently estimated at $474,882, approximately $593 per square foot. This property was built in 1980. 1414 E 25th Ave is a home located in Pinal County with nearby schools including Peralta Trail Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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

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