NOT LISTED FOR SALE

1548 E 30th Ave Apache Junction, AZ 85119

Estimated Value: $549,000 - $664,504

-- Bed
-- Bath
3,208 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $540,000 $168 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,487/month

2 Days on Market

About This Home

As of May 2021

Turnkey Fourplex, Seller May Carry, 100% Occupied, Good Cash Flow, and Room to Increase Rents. Tenants Pay Electric and Water. Super for Investor or Owner Occupant. Located Near Recreation, Lakes, Mountains for Hiking and More. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Currently Owner Operated Long Term.

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 04/07/2021

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1983

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for trash collection, cable TV, landscaping
  • Tax Lot 1602
  • Assessor Parcel Number 102-27-101

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9810 sq ft
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $6,990
  • Gross Income $43,068
  • Net Operating Income $36,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,553

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Southern and Tomahawk
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2020
  • Directions: North on Tomahawk to 30th Ave, Turn onto to 29th to get to 30th Ave
  • Road Surface Type: Gravel, Concrete
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Other, See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 255.0

Lot Info

  • Lot Size: 9810 sq ft
  • Additional Parcels: No
  • Parcel #: 102-27-101

Multi Family

  • Owner Pays: Trash Collection, Cable TV, Landscaping
  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 43068.0
  • Insurance Expense: 820.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 36678.0
  • Annual Operating Expense: 6990.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1553.0
  • Tax Book Number: 102.00
  • Tax Lot: 1602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 29, 2021
Sold by
Kelley Devaney Kim K and The Kim K Kelley Devaney Trust
Bought by
Perez Andrew
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Samantha Flatland
Keller Williams Realty Phoenix
List Price
$540,000
Sold Price
$540,000
Total Days on Market
2
Current Estimated Value
$604,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,126
Avg. Annual Appreciation
2.86%
Original Mortgage
$530,219
Outstanding Balance
$485,585
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$118,541

Purchase Details

Closed on
Mar 12, 2019
Sold by
Kelley Kim
Bought by
Kelley Devaney Kim K

Purchase Details

Closed on
Jan 13, 2017
Sold by
Kelley Devaney Kim K
Bought by
Kelley Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,700
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
The Kim K Kelly Devaney Trust
Bought by
Kelley Devaney Kim K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 1, 2002
Sold by
Kelley Devaney Kim K
Bought by
The Kim K Kelley Devaney Trust and Kelley Devaney Kim K

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
Perez Andrew $540,000 Premier Title Agency
Kelley Devaney Kim K -- None Available
Kelley Kim -- Security Title Agency
Kelley Devaney Kim K -- Chicago Title Co
The Kim K Kelley Devaney Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Andrew $530,219
Previous Owner Kelley Kim $213,700
Previous Owner Kelley Devaney Kim K $262,500
Previous Owner Kelley Devaney Kim K $95,000
Previous Owner Kelley Devaney Kim K $141,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $540,000 0.0% $168 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $540,000 -- $168 / 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 $1,658 $19,939 -- --
2024 $1,565 $20,248 -- --
2023 $1,632 $14,288 $2,942 $11,346
2022 $1,565 $20,488 $2,942 $17,546
2021 $1,594 $19,350 $0 $0
2020 $1,553 $15,509 $0 $0
2019 $1,490 $14,806 $0 $0
2018 $1,460 $9,331 $0 $0
2017 $1,515 $9,474 $0 $0
2016 $1,490 $9,455 $1,100 $8,355
2014 $1,503 $8,789 $1,100 $7,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6218143

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-101