NOT LISTED FOR SALE

156 S Palo Verde Dr Apache Junction, AZ 85120

Estimated Value: $234,000 - $301,000

Studio
-- Bath
2,094 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $135,000 $64 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,437/month

15 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of October 2017

month to month tenant occupied. $600 RENT front (10 years)/ $500 rent back(6 years) Tenant will stay or we can give 30 day notice. Front unit is large 2/2-open bright vaulted ceilings. Tenant uses carport area as a lovely recreation room that room leads to bonus area where tenant has office. There is a basement under a portion of this unit (lister has not seen this). Back unit is 2/1 very open with vaulted ceilings. New tile in shower. This unit has the feel of a caribbean getaway! Both tenants would like to continue renting. SOLD AS IS
Call tenants to arrange showing

Last Agent to Sell the Property

Penny Secor

Western Lifestyle Realty License #BR008081000 Listed on: 08/23/2017

Last Buyer's Agent

Kirk Conrado

HomeSmart License #SA567257000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 1960

Lot Details

  • 0.29

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water
  • Tax Lot 4
  • Assessor Parcel Number 101-09-004

Community Details

Overview

  • 2 Units
  • Building Dimensions are 124x100
  • Two Apartments Subdivision

Building Details

  • Operating Expense $1,087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,087

Year Built

Built in 1960

Lot Details

0.29 Acres

Listing Details

  • Cross Street: Apache Trail and Delaware
  • Property Type: Multiple Dwellings
  • Zoning: Multiple
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: TWO APARTMENTS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Add'l Parking Avail, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: 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

  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 124x100
  • Additional Parcels: No
  • Parcel #: 101-09-004

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1087.0

Tax Info

  • Tax Annual Amount: 1087.0
  • Tax Book Number: 101.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 8, 2017
Sold by
Rwlj Berry Properties Limited Partnersip
Bought by
Leon Client M and Leon Mindy A
Seller's Agent
Penny Secor
Western Lifestyle Realty
Buyer's Agent
Kirk Conrado
HomeSmart
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%
Current Estimated Value
$258,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,595
Avg. Annual Appreciation
8.10%
Original Mortgage
$101,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Berry Richard W and Berry Lorin J
Bought by
Rwlj Berry Properties Limited Partnershi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2003
Sold by
Rwlj Berry Properties Lp F Llp
Bought by
Berry Richard W and Berry Lorin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
5.79%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Berry Richard W and Berry Lorin
Bought by
Berry Richard W and Berry Lorin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,100
Interest Rate
8.16%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Berry Richard W and Berry Lorin J
Bought by
Berry Richard W and Berry Lorin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,100
Interest Rate
8.16%

Purchase Details

Closed on
Oct 16, 1998
Sold by
Gunkel George R
Bought by
Berry Richard W and Berry Lorin J

Purchase Details

Closed on
May 18, 1998
Sold by
Beard Howard E and Beard Betty
Bought by
Gunkel George R

Purchase Details

Closed on
Nov 4, 1997
Sold by
Berry Richard W and Berry Lorin J
Bought by
Rwlj Berry Properties Ltd Prtnrshp F Llp

Purchase Details

Closed on
Feb 26, 1996
Sold by
Beard Howard Earl and Beard Betty Jean
Bought by
Moore Delmar Eugene and Moore Sharon Lynn

Purchase Details

Closed on
Feb 11, 1994
Sold by
Shank Edith
Bought by
Beard Howard E and Beard Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Leon Client M $135,000 First American Title Ins Co
Rwlj Berry Properties Limited Partnershi -- None Available
Berry Richard W -- Lawyers Title Of Arizona Inc
Berry Richard W -- Transnation Title Insurance
Berry Richard W -- Ati Title Agency
Berry Richard W -- Ati Title Agency
Berry Richard W $55,000 Ati Title Agency
Gunkel George R -- --
Rwlj Berry Properties Ltd Prtnrshp F Llp -- --
Moore Delmar Eugene -- --
Beard Howard E $62,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Client M $101,250
Previous Owner Berry Richard W $62,300
Previous Owner Berry Richard W $66,800
Previous Owner Berry Richard W $65,100
Previous Owner Beard Howard E $58,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $135,000 -12.9% $64 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $155,000 -- $74 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,300 $19,288 -- --
2024 $1,227 $18,622 -- --
2023 $1,279 $11,681 $1,862 $9,819
2022 $1,227 $9,836 $1,862 $7,974
2021 $1,249 $9,413 $0 $0
2020 $1,217 $9,387 $0 $0
2019 $1,168 $9,099 $0 $0
2018 $1,144 $7,418 $0 $0
2017 $1,114 $7,285 $0 $0
2016 $1,086 $7,028 $1,100 $5,928
2014 $1,029 $6,017 $1,100 $4,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5650450

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-09-004

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