NOT LISTED FOR SALE

1547 E 26th Ave Unit 15 Apache Junction, AZ 85119

Estimated Value: $427,078 - $577,000

-- Bed
-- Bath
3,208 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $165,000 $51 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,919/month

21 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Ceiling Fan

About This Home

As of December 2012

This property has great curb appeal and is a welcoming listing from common box unit properties. These units are very clean, have split floor plans, skylights in the kitchen, each having their own carports and washer and dryer. This complex is fully rented. Some remodeling has been done. Drive by only no viewing until offer has been accepted.

Last Agent to Sell the Property

Angela Larson

Keller Williams Realty Phoenix License #SA524620000 Listed on: 10/18/2012

Keller Williams Realty Phoenix

Last Buyer's Agent

Morten Pedersen

Lori Blank & Associates, LLC License #BR635605000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1986

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Apache Junction High Middle School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection
  • Tax Lot 1703
  • Assessor Parcel Number 102-27-202

Community Details

Overview

  • 4 Units
  • Building Dimensions are 90X109

Building Details

  • Gross Income $96,000
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Tomahawk & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Res
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2011
  • Directions: US 60 E to Tomahawk. N to 26th Ave. W to property
  • Road Surface Type: Asphalt
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • 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:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: 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: 640.0

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Apache Junction High School

Lot Info

  • Lot Size: 90X109
  • Additional Parcels: No
  • Parcel #: 102-27-202

Multi Family

  • Owner Pays: Trash Collection
  • Number Of Units Total: 4
  • Annual Gross Income: 96000.0
  • Insurance Expense: 745.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 2100.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1817.0
  • Tax Book Number: 102.00
  • Tax Lot: 1703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Dec 27, 2012
Sold by
Superstition Investments Llc
Bought by
Ross David L and Root Lorinda A
Seller's Agent
Angela Larson
Keller Williams Realty Phoenix
Buyer's Agent
Morten Pedersen
Lori Blank & Associates, LLC
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$502,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,770
Avg. Annual Appreciation
9.69%
Original Mortgage
$113,400
Outstanding Balance
$79,871
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$447,284

Purchase Details

Listed on
Mar 27, 2012
Closed on
Apr 2, 2012
Sold by
Enyart Jason D
Bought by
Superstition Investments Llc
Seller's Agent
Angela Larson
Keller Williams Realty Phoenix
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$149,900
Sold Price
$131,500
Premium/Discount to List
-$18,400
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.07%
Original Mortgage
$70,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Superstition Investments Llc
Bought by
Enyart Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Martinez Michael T and Kelly Martinez Dierdre A
Bought by
Superstition Investments Llc

Purchase Details

Closed on
Aug 24, 2005
Sold by
Butel Steven
Bought by
Martinez Michael T and Kelly Martinez Deirdre A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 16, 2004
Sold by
Butel Aimee Lorine
Bought by
Butel Steven

Purchase Details

Closed on
May 4, 1994
Sold by
Citicorp Mtg Inc
Bought by
Butel Steven and Butel Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1994
Sold by
Crosby Lee
Bought by
Citicorp Mtg Inc
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
Ross David L $162,000 Great American Title Agency
Superstition Investments Llc -- Accommodation
Enyart Jason -- Pioneer Title Agency Inc
Enyart Jason D -- Pioneer Title Agency Inc
Superstition Investments Llc $59,600 None Available
Martinez Michael T $290,000 Title Guaranty Agency Of Az
Butel Steven -- --
Butel Steven $60,000 First American Title
Citicorp Mtg Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross David L $113,400
Previous Owner Enyart Jason D $70,000
Previous Owner Martinez Michael T $232,000
Previous Owner Butel Steven $48,000
Closed Martinez Michael T $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $165,000 -2.9% $51 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $169,900 +29.2% $53 / Sq Ft
04/30/2012 04/30/12 Sold $131,500 -12.3% $188 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $149,900 -- $214 / 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 $1,542 $21,808 -- --
2024 $1,455 $22,746 -- --
2023 $1,518 $16,076 $2,946 $13,130
2022 $1,455 $20,069 $2,946 $17,123
2021 $1,483 $18,958 $0 $0
2020 $1,444 $15,802 $0 $0
2019 $1,386 $15,654 $0 $0
2018 $1,358 $10,281 $0 $0
2017 $1,321 $10,395 $0 $0
2016 $1,289 $10,513 $1,100 $9,413
2014 $1,221 $7,140 $1,100 $6,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4837173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-202