NOT LISTED FOR SALE

1490 E 28th Ave Apache Junction, AZ 85119

Estimated Value: $363,354 - $560,000

-- Bed
-- Bath
2,320 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $120,000 $52 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $2,626/month

53 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of March 2013

*Attention investors* Traditional sale, quick response on hard to find, low maintenance duplex with great income potential! Units are both under a month to month lease. Owner will give notice to vacate upon executed contract or you may elect to renegotiate a lease and term with tenants in place.
Each unit has 1300 sq. feet, 3 bedrooms, 2 bathrooms plus a den and garage. Newer roof and all appliances convey, including the washer and dryer! Each home has its own private, newly fenced yard, with an RV gate. Bring your serious investors that want a great buy and hold , but alsa great for first time investors to live in one and rent the other!

Last Agent to Sell the Property

Terra McCormick

HomeSmart Lifestyles License #SA644902000 Listed on: 01/10/2013

HomeSmart Lifestyles

Last Buyer's Agent

Morten Pedersen

Lori Blank & Associates, LLC License #BR635605000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1999

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • RV or Boat Parking

Schools

  • Peralta Elementary School
  • Apache Junction High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units
  • Building Dimensions are 0
  • Palm Springs Subdivision

Listing and Financial Details

  • Tax Lot 1640
  • Assessor Parcel Number 102-27-139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,932

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: 28th Ave. and Tomahawk
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2011
  • Directions: US 60 East to Tomahawk, North to 28th AVE~ Turn Left, property on Right hand side.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: Palm Springs
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Access Parking, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Peralta School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 102-27-139

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1931.62
  • Tax Book Number: 102.00
  • Tax Lot: 1640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 6, 2013
Sold by
Jankowicz Casey
Bought by
Moose Tracks Ii Llc
Seller's Agent
Terra McCormick
HomeSmart Lifestyles
Buyer's Agent
Morten Pedersen
Lori Blank & Associates, LLC
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$440,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,839
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Jun 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Jankowicz Casey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2008
Sold by
Mitros Roman
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 28, 2007
Sold by
Mitros Roman
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 23, 2005
Sold by
Hall Troy R and Hall Angela M
Bought by
Mitros Roman A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2003
Sold by
Koering Herman J and Koering Karla U
Bought by
Hall Troy R and Hall Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1999
Sold by
Scandurra Robert
Bought by
Koering Herman J and Koering Karla U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
7.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Maiewski Victor A
Bought by
Scandurra Robert
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
Moose Tracks Ii Llc $120,000 Great American Title Agency
Jankowicz Casey J $110,000 Chicago Title
Deutsche Bank National Trust Company $225,770 Accommodation
Deutsche Bank National Trust Co $204,155 Accommodation
Mitros Roman A $248,000 Omega Title Agency Llc
Hall Troy R $169,000 Arizona Title Agency Inc
Koering Herman J $137,000 --
Scandurra Robert $11,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jankowicz Casey J $108,007
Previous Owner Mitros Roman A $191,250
Previous Owner Hall Troy R $152,100
Previous Owner Koering Herman J $123,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $120,000 -11.0% $52 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $134,900 -- $58 / 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 $2,158 $30,188 -- --
2024 $2,037 $31,109 -- --
2023 $2,124 $21,570 $2,935 $18,635
2022 $2,037 $16,472 $2,935 $13,537
2021 $2,075 $16,403 $0 $0
2020 $2,021 $16,759 $0 $0
2019 $1,939 $16,160 $0 $0
2018 $1,900 $13,084 $0 $0
2017 $1,849 $13,017 $0 $0
2016 $1,804 $12,619 $1,100 $11,519
2014 $1,708 $9,991 $1,100 $8,891
Source: Public Records

Agents Affiliated with this Home

  • Terra McCormick

    Seller's Agent in 2013

    Terra McCormick

    HomeSmart Lifestyles

    (480) 406-0262

    3 in this area

    121 Total Sales

    Terra McCormick
    Section Image
  • Morten Pedersen

    Buyer's Agent in 2013

    Morten Pedersen

    Lori Blank & Associates, LLC

    (480) 289-9821

    1 Total Sale

    Morten Pedersen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4872726

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-139

Arizona Pinal County Apache Junction 85119

1490 E 28th Ave, Apache Junction, AZ

This home is located at 1490 E 28th Ave, Apache Junction, AZ 85119 since 10 January 2013 and is currently estimated at $440,839, approximately $190 per square foot. This property was built in 1999. 1490 E 28th 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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