Seller's Agent in 2021
Heather Cates
Citiea
(480) 616-4433
1 in this area
34 Total Sales
1551 E 27th Ave Apache Junction, AZ 85119
Estimated Value: $521,000 - $692,098
--
Bed
4
Baths
800
Sq Ft
$753/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heat Pump System
About This Home
As of March 2021RARE FIND-YOU DO NOT WANT TO MISS! Two bedroom one bath units collecting approx. $620 pro-forma $1,100-$1,250. This is a great value add opportunity! The TENANTS are month to month and PAY ALL UTILITIES- INDIVIDUALLY METERED FOR WATER AND ELECTRIC. This income producing property has been well maintained with pride in ownership.
The roof was recoated in October. The building painted in November and gates replaced this month. Recently new windows in all units, AC units maintained and replaced as needed. The interior has tile, washer/dryer hook ups, storage units. individual yards, block fencing and off street parking. Desirable location close to freeway access. Do Not Disturb Tenants. Interior access after accepted contract. Buyer or buyers agent to verify all facts and figures.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,275
Year Built
- Built in 1983
Lot Details
- 9,845
Home Design
- Wood Frame Construction
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Open Parking Spaces
- 5 Parking Spaces
- 1 Covered Space
Schools
- Peralta Elementary School
- Apache Junction High Middle School
- Apache Junction High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Listing and Financial Details
- The owner pays for trash collection
- Tax Lot 1687
- Assessor Parcel Number 102-27-186
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Palm Springs Unit 15 Subdivision
Building Details
- Operating Expense $1,275
- Gross Income $29,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2021
Closed on
Mar 1, 2021
Sold by
Maldonado Hector L
Bought by
1551 27Th Ave Llc
Seller's Agent
Heather Cates
Citiea
Buyer's Agent
Tanis Wales
Realty ONE Group
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Total Days on Market
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,525
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Mar 27, 2014
Sold by
Lyon Elizabeth M
Bought by
Maldonado Hector L and Maldonado Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.32%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 14, 2013
Sold by
Maldonado Hector L and Maldonado Helen K
Bought by
Lyon Elizabeth M
Purchase Details
Closed on
Aug 29, 2013
Sold by
Lyon Elizabeth M
Bought by
Maldonado Hector L and Maldonado Helen K
Purchase Details
Closed on
Feb 15, 2011
Sold by
Az Apartment Rentals Llc
Bought by
Lyon Elizabeth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2010
Sold by
Maldonado Hector L and Maldonado Helen K
Bought by
Az Apartment Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.82%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
May 12, 2007
Sold by
Inoue Hiroshi
Bought by
Maldonado Hector L and Maldonado Helen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2005
Sold by
Inoue Akiko
Bought by
Inoue Hiroshi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 28, 2004
Sold by
Denman Wade and Denman Elizabeth
Bought by
Davis Norma J
Purchase Details
Closed on
Feb 24, 2003
Sold by
Simmons Raymond W and Simmons Linda S
Bought by
Denman Wade and Denman Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,762
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 11, 2000
Sold by
The Five Ps Investment Company
Bought by
Simmons Raymond W and Simmons Linda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 1996
Sold by
Apache View Inc
Bought by
The Five Ps Investment Co
Purchase Details
Closed on
Aug 7, 1995
Sold by
Spinola John E and Spinola Sally A
Bought by
Apache View Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,491
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1551 27Th Ave Llc | $540,000 | Security Title Agency Inc | |
| Maldonado Hector L | -- | First American Title | |
| Lyon Elizabeth M | -- | Security Title Agency | |
| Maldonado Hector L | -- | None Available | |
| Lyon Elizabeth M | $80,000 | Security Title Agency | |
| Az Apartment Rentals Llc | $80,000 | Equity Title Agency Inc | |
| Maldonado Hector L | $269,000 | Equity Title Agency Inc | |
| Inoue Hiroshi | -- | Fidelity National Title Agen | |
| Inoue Hiroshi | $275,000 | Fidelity National Title Agen | |
| Davis Norma J | $199,990 | Ticor Title Agency Of Az Inc | |
| Denman Wade | $152,000 | First American Title Ins Co | |
| Simmons Raymond W | $130,000 | Security Title Agency | |
| The Five Ps Investment Co | -- | Security Title Agency | |
| Apache View Inc | $82,491 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maldonado Hector L | $64,700 | |
| Previous Owner | Maldonado Hector L | $60,000 | |
| Previous Owner | Lyon Elizabeth M | $60,000 | |
| Previous Owner | Az Apartment Rentals Llc | $60,000 | |
| Previous Owner | Maldonado Hector L | $215,200 | |
| Previous Owner | Inoue Hiroshi | $206,250 | |
| Previous Owner | Denman Wade Garrett | $121,600 | |
| Previous Owner | Denman Wade | $21,762 | |
| Previous Owner | Simmons Raymond W | $117,000 | |
| Previous Owner | Apache View Inc | $82,491 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2021 03/20/21 | Sold | $540,000 | +2.1% | $675 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $529,000 | 0.0% | $661 / Sq Ft |
| 03/12/2021 03/12/21 | Price Changed | $529,000 | 0.0% | $661 / Sq Ft |
| 02/12/2021 02/12/21 | For Sale | $529,000 | -- | $661 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,361 | $18,996 | -- | -- |
| 2024 | $1,285 | $19,208 | -- | -- |
| 2023 | $1,340 | $13,348 | $2,949 | $10,399 |
| 2022 | $1,285 | $18,488 | $2,949 | $15,539 |
| 2021 | $1,309 | $17,473 | $0 | $0 |
| 2020 | $1,275 | $14,145 | $0 | $0 |
| 2019 | $1,223 | $13,526 | $0 | $0 |
| 2018 | $1,198 | $8,526 | $0 | $0 |
| 2017 | $1,033 | $8,616 | $0 | $0 |
| 2016 | $1,002 | $8,602 | $1,100 | $7,502 |
| 2014 | $962 | $6,303 | $1,100 | $5,203 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Cates
-
Darin Wilson
D
Seller Co-Listing Agent in 2021
Darin Wilson
Citiea
(480) 440-5826
1 in this area
86 Total Sales
-
Tanis Wales
T
Buyer's Agent in 2021
Tanis Wales
Realty One Group
(480) 321-8100
1 in this area
13 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6193775
APN: 102-27-186
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.
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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