NOT LISTED FOR SALE

1480 E 29th Ave Apache Junction, AZ 85119

Estimated Value: $332,230 - $528,000

-- Bed
-- Bath
3,360 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $175,000 $52 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,687/month

128 Days on Market

About This Home

As of August 2015

Units were remodeled 2 years ago. No interior showings until accepted offer from sellers. Please don't disturb tenants.

Last Agent to Sell the Property

Joseph Hildenbrandt

American Realty Brokers License #BR023016000 Listed on: 03/13/2015

American Realty Brokers

Last Buyer's Agent

Amy Laidlaw

HomeSmart License #SA037496000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1981

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Schools

  • Desert Vista Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 1622 / 1622
  • Assessor Parcel Number 102-27-140

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9819
  • Palm Springs Subdivision

Building Details

  • Operating Expense $4,609
  • Gross Income $45,600
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Legal Info Range: 08e
  • Property Type: Multiple Dwellings
  • Zoning: mh
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: palm springs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1392.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School

Lot Info

  • Lot Size: 9819
  • Additional Parcels: No
  • Parcel #: 102-27-140

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 21000.0
  • Annual Operating Expense: 4609.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1225.0
  • Tax Block: 1622
  • Tax Book Number: 102.00
  • Tax Lot: 1622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Forrest Debra
Bought by
Dnh Equity Silver Llc
Total Days on Market
128
Current Estimated Value
$461,058

Purchase Details

Listed on
Mar 13, 2015
Closed on
Aug 31, 2015
Sold by
Powell David J and Powell Denise E
Bought by
Kosisky David
Seller's Agent
Joseph Hildenbrandt
American Realty Brokers
Buyer's Agent
Amy Laidlaw
HomeSmart
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$171,830
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2013
Sold by
Powell David J and Powell Denise E
Bought by
Powell David J and Powell Denise E

Purchase Details

Listed on
Dec 5, 2012
Closed on
Jan 14, 2013
Sold by
Taylored Properties Llc
Bought by
Powell David J and Powell Denise E
Seller's Agent
Corrine Simzyk
G & M Real Estate, LLC
Buyer's Agent
Joseph Hildenbrandt
American Realty Brokers
List Price
$147,500
Sold Price
$130,000
Premium/Discount to List
-$17,500
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$85,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
Fogarty Clifton and Fogarty Regina
Bought by
Taylored 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
$64,800
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2006
Sold by
Mcintyre Glenn and Mcintyre Hellmi
Bought by
Fogarty Clifton and Fogarty Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,100
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2006
Sold by
Kenneth A Powell Of Cap Tech Advisors Ll
Bought by
Mcintyre Glenn and Mcintyre Hellmi

Purchase Details

Closed on
Jun 16, 2005
Sold by
Tri Valley Investors Llc
Bought by
Captech Advisors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2005
Sold by
Kemper Kevin
Bought by
Tri Valley Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2004
Sold by
Killett Robert A
Bought by
Kemper Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
8.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dnh Equity Silver Llc $300,000 Clear Title
Kosisky David $175,000 Security Title Agency
Powell David J -- None Available
Powell David J $135,000 North American Title Company
Taylored Properties Llc $81,000 None Available
Fogarty Clifton $267,000 Capital Title Agency Inc
Mcintyre Glenn -- None Available
Captech Advisors Llc $227,000 --
Tri Valley Investors Llc $219,200 --
Kemper Kevin $225,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kosisky David $171,830
Previous Owner Powell David J $85,000
Previous Owner Taylored Properties Llc $64,800
Previous Owner Fogarty Clifton $27,100
Previous Owner Fogarty Clifton $216,800
Previous Owner Captech Advisors Llc $202,500
Previous Owner Captech Advisors Llc $42,000
Previous Owner Captech Advisors Llc $204,300
Previous Owner Tri Valley Investors Llc $3,000,000
Previous Owner Kemper Kevin $213,750
Closed Fogarty Clifton $27,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $175,000 0.0% $52 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $175,000 +34.6% $52 / Sq Ft
02/22/2013 02/22/13 Sold $130,000 -11.9% $39 / Sq Ft
01/24/2013 01/24/13 For Sale $147,500 0.0% $44 / Sq Ft
01/24/2013 01/24/13 Price Changed $147,500 +7.3% $44 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
12/08/2012 12/08/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $137,500 -- $41 / 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 $1,548 $20,596 -- --
2024 $1,461 $20,597 -- --
2023 $1,524 $13,832 $2,945 $10,887
2022 $1,461 $21,110 $2,945 $18,165
2021 $1,488 $19,928 $0 $0
2020 $1,450 $15,958 $0 $0
2019 $1,391 $15,236 $0 $0
2018 $1,205 $9,631 $0 $0
2017 $1,174 $9,345 $0 $0
2016 $1,139 $8,960 $1,100 $7,860
2014 $1,225 $7,166 $1,100 $6,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5249584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-121