NOT LISTED FOR SALE

1574 E 28th Ave Apache Junction, AZ 85119

Estimated Value: $466,402 - $586,000

-- Bed
-- Bath
1,736 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $225,000 $130 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,058/month

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System

About This Home

As of October 2015

This property was sold before we had time to enter it into the MLS system therefore days on market was 1.

Modern open floor plan. 100% occupied.
Minor deferred maintenance.

This reflects the current market conditions for this type of asset.

This property is being entered into MLS for comparable purposes. All 2 bedroom units with washer/dryer hookups. Built in 2003 - this was a cash purchase.

Last Listed By

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/31/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 2003

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 1637
  • Assessor Parcel Number 102-27-136

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Palm Springs Unit 15 Subdivision

Building Details

  • Gross Income $25,878
  • Net Operating Income $20,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,504

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Tomahawk/US 60
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 2003
  • Tax Year: 2015
  • Directions: Exit US 60 North on Tomahawk, travel 3 blocks North to 28th Avenue. On NWC of Tomahawk and 28th Ave.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 540.0
  • Annual Water Sewer Expense: 1920.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 102-27-136

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25878.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1750.0
  • Property Net Operating Income: 20638.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1504.0
  • Tax Book Number: 102.00
  • Tax Lot: 1637

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2020
Sold by
Trail George R and Trail Lana K
Bought by
Trail George R and Trail Lana K
Total Days on Market
0
Current Estimated Value
$523,351

Purchase Details

Listed on
Oct 31, 2015
Closed on
Oct 26, 2015
Sold by
28Th Partners Llc
Bought by
The George R & Lana K Trail Family Revoc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Vitak Jonathan
Bought by
28Th Partners Llc

Purchase Details

Listed on
Aug 30, 2011
Closed on
Feb 15, 2012
Sold by
Pagliaro Anthony Allen and Pagliaro Jeanette Marie
Bought by
Vitak Jonathan
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$129,000
Sold Price
$105,000
Premium/Discount to List
-$24,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$68,600
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2006
Sold by
Robbins James D and Robbins Susan M
Bought by
Pagliaro Anthony Allen and Pagliaro Jeanette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Aston Jim and Aston Ina
Bought by
Robbins James D and Robbins Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,675
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2003
Sold by
Crisifulli Allen
Bought by
Aston Jim and Aston Ina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
5.53%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 11, 2000
Sold by
Mathy Michael
Bought by
Mathy Sara L

Purchase Details

Closed on
Apr 9, 1997
Sold by
Dannunzio Benny and Dannunzio Ann
Bought by
Cox Lester F and Cox Patricia J

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
Trail George R -- None Available
The George R & Lana K Trail Family Revoc $225,000 American Title Svc Agency Ll
28Th Partners Llc -- None Available
Vitak Jonathan $105,000 Chicago Title
Pagliaro Anthony Allen $397,500 Capital Title Agency Inc
Robbins James D $260,900 Fidelity National Title Agen
Aston Jim $35,000 First American Title Ins Co
Crisifulli Allen -- First American Title Ins Co
Mathy Sara L -- First American Title
Mathy Sara L $14,000 First American Title
Cox Lester F -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vitak Jonathan $68,600
Previous Owner Vitak Jonathan $68,600
Previous Owner Pagliaro Anthony Allen $278,250
Previous Owner Robbins James D $195,675
Previous Owner Aston Jim $190,800
Closed Pagliaro Anthony Allen $39,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $225,000 0.0% $130 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $225,000 +114.3% $130 / Sq Ft
03/22/2012 03/22/12 Sold $105,000 -18.6% $121 / Sq Ft
09/12/2011 09/12/11 Pending -- -- --
08/30/2011 08/30/11 For Sale $129,000 -- $149 / 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 $1,878 $35,320 -- --
2024 $1,773 $35,671 -- --
2023 $1,849 $26,482 $2,961 $23,521
2022 $1,773 $24,304 $2,961 $21,343
2021 $1,806 $24,202 $0 $0
2020 $1,759 $22,957 $0 $0
2019 $1,687 $22,323 $0 $0
2018 $1,653 $19,135 $0 $0
2017 $1,609 $18,817 $0 $0
2016 $1,570 $18,396 $1,100 $17,296
2014 $1,487 $8,695 $1,100 $7,595
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Kaipainen

    Seller's Agent in 2015

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lois Kaipainen

    Income Property Shop

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5356225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-136

Arizona Pinal County Apache Junction 85119

1574 E 28th Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1574 E 28th Ave, Apache Junction, AZ 85119 since 31 October 2015 and is currently estimated at $523,351, approximately $301 per square foot. This property was built in 2003. 1574 E 28th 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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