NOT LISTED FOR SALE

1495 E 29th Ave Apache Junction, AZ 85119

Estimated Value: $412,000 - $566,000

20 Beds
8 Baths
3,316 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 25, 2012

Last sale price $89,000 $27 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $2,909/month

9 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available

About This Home

As of January 2012

Property is located in the Palm Springs subdivision near the freeway, shopping and employment centers. Property features four two bedroom one bath units and has low maintenance desert landscaping. In addition, all units have washer and dryer hook-ups. Great Investment Cash Flow Opportunity! Property Sold AS-IS and it is priced to sell.

Last Listed By

Jesse Herfel

My Home Group Real Estate License #SA513830000 Listed on: 12/27/2011

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1985

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Vinyl Flooring

Schools

  • Apache Junction High Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • $2,030 per year Dock Fee
  • 4 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,580

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Tax Municipality: Apache Junction
  • Construction Finish: Stucco
  • Cross Street: US 60 & Tomahawk
  • Floors: Vinyl
  • Legal Info Lot Number: 1607
  • Legal Info Range: 08E
  • Legal Info Section: 33
  • Legal Info Township: 01N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: S
  • Hundred Block: 1200
  • Legal Description Abbrev: PALM SPRINGS
  • Marketing Name: Palm Springs
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 4.00
  • Map Code Grid: R45
  • Year Built: 1985
  • Tax Year: 2011
  • Directions: From US 60 take Tomahawk Rd North and W on 29th Ave
  • Special Features: 20
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Built-Up
  • Construction: Frame - Wood

Garage/Parking

  • Parking: 1 Space/Unit, Carport
  • Total Parking Spaces: 8.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: See Remarks

Schools

  • Elementary School: Apache Junction High School
  • Middle School: Apache Junction High School
  • High School: Apache Junction High School
  • Elementary School: Apache Junction High School
  • High School: Apache Junction High School
  • Junior High School: Apache Junction High School

Lot Info

  • Lot Size: IRR

Multi Family

  • Efficiency Units Sq Ft: 3316
  • Four Bedroom Units Avg Sq Ft: 829
  • Four Bedroom Units Baths: 1
  • Income And Expenses Operating Exp: 2030.22
  • Number Of Efficiency Units: 4
  • Number Of Four Bedroom Units: 2
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 2
  • Number Of Two Bedroom Units: 2
  • One Bedroom Units Avg Sq Ft: 829
  • One Bedroom Units Baths: 1
  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water
  • Three Bedroom Units Avg Sq Ft: 829
  • Three Bedroom Units Baths: 1
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Sq Ft: 829
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 2030.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2011
Closed on
Jan 19, 2012
Sold by
Bank United
Bought by
Rosenbaum Realty Llc
Seller's Agent
Jesse Herfel
My Home Group Real Estate
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$79,500
Sold Price
$89,000
Premium/Discount to List
$9,500
11.95%
Total Days on Market
9
Current Estimated Value
$501,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,000
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Debra Jacques A
Bought by
Bankunited

Purchase Details

Closed on
Mar 22, 2010
Sold by
Debra Jacques A
Bought by
Aip Llc

Purchase Details

Closed on
Feb 18, 2009
Sold by
Debra Denise
Bought by
Debra Jacques A

Purchase Details

Closed on
Feb 12, 2009
Sold by
Aip Llc
Bought by
Debra Jacques A

Purchase Details

Closed on
Nov 27, 2006
Sold by
Debra Denise
Bought by
Debra Jacques A

Purchase Details

Closed on
Oct 17, 2006
Sold by
Aip Llc
Bought by
Debra Jacques A

Purchase Details

Closed on
May 25, 2005
Sold by
Debra Denise L
Bought by
Debra Jacques A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Drike Michel
Bought by
Debra Jacques A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2001
Sold by
Anderson Julie Diane and Radtke Robert
Bought by
Weldon Lane and Weldon Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1999
Sold by
Kiker Theo A and Kiker Betty J
Bought by
B & J Trust One

Purchase Details

Closed on
May 31, 1996
Sold by
Kiker Theo and Kiker Betty J
Bought by
Kiker Theo and Kiker Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 11, 1994
Sold by
Roth John L
Bought by
Kiker Theo and Kiker Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.65%

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
Rosenbaum Realty Llc $89,000 Great American Title
Bankunited $320,029 None Available
Aip Llc -- None Available
Debra Jacques A -- None Available
Debra Jacques A -- None Available
Debra Jacques A -- Lawyers Title Insurance Corp
Debra Jacques A -- Lawyers Title Insurance Corp
Debra Jacques A -- Transnation Title
Debra Jacques A $260,000 Transnation Title
Weldon Lane $147,000 First American Title
B & J Trust One -- --
Kiker Theo -- --
Kiker Theo $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenbaum Realty Llc $2,000,000
Previous Owner Debra Jacques A $195,000
Previous Owner Drike Michel $185,503
Previous Owner Weldon Lane $117,600
Previous Owner Kiker Theo $71,000
Previous Owner Kiker Theo $71,000
Closed Weldon Lane $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2012 01/25/12 Sold $89,000 +11.9% $27 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
12/27/2011 12/27/11 For Sale $79,500 -- $24 / 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 $1,580 $23,139 -- --
2024 $1,520 $24,098 -- --
2023 $1,556 $17,546 $2,945 $14,601
2022 $1,492 $22,278 $2,945 $19,333
2021 $1,520 $20,997 $0 $0
2020 $1,480 $16,819 $0 $0
2019 $1,420 $16,683 $0 $0
2018 $1,391 $11,125 $0 $0
2017 $1,354 $11,140 $0 $0
2016 $1,321 $11,068 $1,100 $9,968
2014 -- $7,318 $1,100 $6,218
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jesse Herfel

    My Home Group

    (602) 705-2232

    Jesse Herfel
    Section Image
  • Daniel Rosenbaum

    Buyer's Agent in 2012

    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: 4693466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-106

Arizona Pinal County Apache Junction 85119

1495 E 29th Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1495 E 29th Ave, Apache Junction, AZ 85119 since 27 December 2011 and is currently estimated at $501,000, approximately $151 per square foot. This property was built in 1985. 1495 E 29th 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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