NOT LISTED FOR SALE

1417 E Southern Ave Apache Junction, AZ 85119

Estimated Value: $489,000 - $540,000

-- Bed
-- Bath
3,280 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $223,875 $68 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,948/month

102 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Individual Controls for Heating
  • Ceramic Tile Flooring

About This Home

As of July 2017

Fantastic location: 4-plex with large 2 bedroom units are easy to rent, with off street parking and fabulous floor plan with room for kitchen table. Fenced-in rear yards. You can’t beat the work that has gone into upgrades including: A/Cs, roofing, water heaters, refrigerators, various plumbing fixtures, mirror closet doors (unit #1), sewage lines, exterior window trim and lots of flooring. Separate W/D room now associated with unit #1, may be converted to a profit center, for all tenants. No showing of units without an accepted Contract, drive-by only. In May of ‘17 extensive work done to rehab and upgrade two units. Two exclusive lists of improvements in docs tab. As of 4/17 there was a waiting list for units.

Last Listed By

John Gordon

Coldwell Banker Realty License #BR009377000 Listed on: 03/15/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1981

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Free Parking

Schools

  • Desert Vista Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 1755
  • Assessor Parcel Number 102-27-254

Community Details

Overview

  • 4 Units
  • Building Dimensions are 90x109
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $6,791
  • Gross Income $26,381
  • Net Operating Income $19,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,286

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Tomahawk & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: CR-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2016
  • Directions: West on Southern to property.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 265.0
  • Annual Water Sewer Expense: 1150.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 90x109
  • Additional Parcels: No
  • Parcel #: 102-27-254

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 200.0
  • Annual Gross Income: 26380.8
  • Insurance Expense: 1150.0
  • Maintenance Expense: 2140.0
  • Property Net Operating Income: 19589.8
  • Annual Operating Expense: 6791.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 1286.0
  • Tax Book Number: 102.00
  • Tax Lot: 1755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Canavier Joseph V and Canavier Lisa A
Bought by
Buturla Arkadiusz W and Buturla Wioletta A
Total Days on Market
102
Current Estimated Value
$508,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 7, 2017
Sold by
Scardino Charles and Scardino Maureen
Bought by
Canvier Joseph V and Canvier Lisa A
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$231,000
Sold Price
$223,875
Premium/Discount to List
-$7,125
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$90,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2013
Closed on
Mar 21, 2013
Sold by
Valley Rental Properties Llc
Bought by
Scardino Charles and Scardino Maureen
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$108,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Az Apartment Rentals Llc
Bought by
Valley Rentalproperties Llc

Purchase Details

Closed on
Jan 20, 2010
Sold by
Us Bank National Association
Bought by
Az Apartment Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2009
Sold by
Lagese Craig and Desai Lagese Hansa
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 16, 2006
Sold by
Lagese Craig and Desai Lagese Hansa
Bought by
Lagese Craig and Desai Lagese Hansa

Purchase Details

Closed on
Jan 3, 2006
Sold by
Rbsd Properties Llc
Bought by
Desai Lagese Craig and Desai Lagese Hansa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Guengerich Bethany
Bought by
Guengerich Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 2005
Sold by
Igloo Properties Llc
Bought by
Guengerich Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2004
Sold by
Iglewski Rudolph Daniel and Iglewski Rudolph Daniel
Bought by
Igloo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2004
Sold by
Igloo Properties Llc
Bought by
Iglewski Rudolph Daniel and Iglewski Rudolph Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2003
Sold by
Iglewski Rudolph and Iglewski Sandra
Bought by
Igloo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Igloo Properties Llc
Bought by
Iglewski Rudolph and Iglewski Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6%

Purchase Details

Closed on
Oct 16, 2002
Sold by
Passariello Robert
Bought by
Igloo Properties Llc

Purchase Details

Closed on
Sep 27, 2002
Sold by
Iglewski Michelle
Bought by
Iglewski Rudolph Daniel

Purchase Details

Closed on
Feb 14, 2002
Sold by
Donahue James C and Donahue Agnes M
Bought by
Passariello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.99%
Mortgage Type
Seller Take Back

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
Buturla Arkadiusz W $385,000 Empire West Title Agency Llc
Canvier Joseph V $223,875 Yavapal Title Agency
Scardino Charles $155,000 Yavapai Title Agency Inc
Valley Rentalproperties Llc $102,500 Security Title Agency
Az Apartment Rentals Llc $80,000 First American Title Ins Co
Us Bank National Association $225,250 Accommodation
Lagese Craig -- None Available
Desai Lagese Craig $361,000 Lawyers Title Insurance Corp
Guengerich Robert -- Dhi Title Of Arizona Inc
Guengerich Robert A $265,000 Dhi Title Of Arizona Inc
Igloo Properties Llc -- Capital Title Agency Inc
Iglewski Rudolph Daniel -- Capital Title Agency Inc
Igloo Properties Llc -- Capital Title Agency Inc
Iglewski Rudolph -- Capital Title Agency Inc
Igloo Properties Llc $183,000 Capital Title Agency Inc
Iglewski Rudolph Daniel -- Capital Title Agency Inc
Iglewski Rudolph Daniel -- Capital Title Agency Inc
Passariello Robert $150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buturla Arkadiusz W $387,750
Closed Buturla Arkadiusz W $440,000
Previous Owner Canvier Joseph V $90,000
Previous Owner Scardino Charles $108,500
Previous Owner Az Apartment Rentals Llc $60,000
Previous Owner Desai Lagese Craig $270,750
Previous Owner Guengerich Robert A $185,500
Previous Owner Igloo Properties Llc $185,500
Previous Owner Iglewski Ii Rudolph Daniel $61,000
Previous Owner Iglewski Rudolph $140,000
Previous Owner Passariello Robert $135,000
Closed Canavier Joseph V $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $223,875 -3.1% $68 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $231,000 0.0% $70 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
03/24/2017 03/24/17 Price Changed $231,000 +1.3% $70 / Sq Ft
03/15/2017 03/15/17 For Sale $228,000 +47.1% $70 / Sq Ft
03/28/2013 03/28/13 Sold $155,000 -3.1% $47 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $159,900 -- $49 / 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 $1,538 $19,496 -- --
2024 $1,479 $19,531 -- --
2023 $1,514 $12,923 $2,944 $9,979
2022 $1,452 $19,266 $2,944 $16,322
2021 $1,479 $18,199 $0 $0
2020 $1,441 $19,892 $0 $0
2019 $1,382 $19,239 $0 $0
2018 $1,354 $8,675 $0 $0
2017 $1,318 $8,452 $0 $0
2016 $1,286 $8,115 $1,100 $7,015
2014 $1,404 $8,213 $1,100 $7,113
Source: Public Records

Agents Affiliated with this Home

  • John Gordon

    Seller's Agent in 2017

    John Gordon

    Coldwell Banker Realty

    (602) 319-8509

    61 in this area

    149 Total Sales

    John Gordon
    Section Image
  • Jim Fowler

    Seller's Agent in 2013

    Jim Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 568-7352

    13 Total Sales

    Jim Fowler
    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5575664

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-254

Arizona Pinal County Apache Junction 85119

1417 E Southern Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1417 E Southern Ave, Apache Junction, AZ 85119 since 15 March 2017 and is currently estimated at $508,667, approximately $155 per square foot. This property was built in 1981. 1417 E Southern 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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