NOT LISTED FOR SALE

408 E Montebello Ave Apache Junction, AZ 85119

Estimated Value: $324,000 - $387,000

-- Bed
-- Bath
1,498 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $255,000 $170 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,122/month

6 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Ceiling Fan

About This Home

As of January 2021

Awesome opportunity to own a fantastic duplex! This duplex has a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit. Super cute floorplans and large private backyards for each tenant! The roof has been replaced recently, the 2 bedroom unit has been updated already! Don't miss this one in a very central Apache Junction location. Close to shopping, restaurants and the US60!

Last Agent to Sell the Property

Mike Schude

Keller Williams Integrity First License #SA548035000 Listed on: 12/10/2020

Keller Williams Integrity First

Co-Listed By

Ann Schude

Instasold License #SA536171000

Last Buyer's Agent

Lee Garner

Better Homes & Gardens Real Estate SJ Fowler

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1999

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Desert Vista Elementary School
  • Desert Ridge Jr. High Middle School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1417
  • Assessor Parcel Number 102-25-018

Community Details

Overview

  • 2 Units
  • Building Dimensions are unknown
  • Palm Springs Unit Fourteen Subdivision

Building Details

  • Operating Expense $4,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,797

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Southern & Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: DUPLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2020
  • Directions: US 60 E., EXIT IDAHO * N TO SOUTHERN * E ON SOUTHERN * N ON WINCHESTER TO MONTEBELLO * PROPERTY ON NE CORNER
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: PALM SPRINGS UNIT FOURTEEN
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Dishwasher, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, Community Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1554.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Desert Ridge Jr. High

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 102-25-018

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Insurance Expense: 300.0
  • Annual Operating Expense: 4590.0

Tax Info

  • Tax Annual Amount: 1797.0
  • Tax Book Number: 102.00
  • Tax Lot: 1417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 4, 2021
Sold by
Pandola Happy Homes Llc
Bought by
Monaco John V and Wang Ruizhe
Seller's Agent
Mike Schude
Keller Williams Integrity First
Buyer's Agent
Lee Garner
Better Homes & Gardens Real Estate SJ Fowler
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$353,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,585
Avg. Annual Appreciation
7.64%
Original Mortgage
$187,500
Outstanding Balance
$169,249
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$184,336

Purchase Details

Closed on
Feb 12, 2020
Sold by
Financial Trust Company
Bought by
Pandola Happy Homes Llc

Purchase Details

Closed on
Feb 6, 2020
Sold by
Ira Financial Trust Company
Bought by
Ira Financial Trust Company

Purchase Details

Listed on
Nov 3, 2015
Closed on
Apr 18, 2016
Sold by
Seymour John R and Seymour Sharon B
Bought by
Pandola Ultimate Homes Llc
Seller's Agent
Karen Simms
Century 21 Arizona Foothills
Buyer's Agent
Karen Simms
Century 21 Arizona Foothills
List Price
$165,900
Sold Price
$146,000
Premium/Discount to List
-$19,900
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Braemer Jeff and Braemer Irwin J
Bought by
Seymour John R and Seymour Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,320
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2003
Sold by
Lomayesva Michael F and Lomayesva Laura L
Bought by
Braemer Jeff and Braemer Iwin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,625
Interest Rate
8.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Shaw David P
Bought by
Lomayesva Michael F and Lomayesva Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Shaw Laverne M
Bought by
Shaw Family Trust

Purchase Details

Closed on
Dec 22, 1997
Sold by
Beckmann Clive P
Bought by
Shaw Laverne M
Source: Public Records

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
Monaco John V $250,000 Pioneer Title Agency Inc
Pandola Happy Homes Llc -- None Available
Ira Financial Trust Company -- None Available
Ira Financial Trust Company -- None Available
Pandola Ultimate Homes Llc $146,000 Great American Title Agency
Seymour John R -- Fidelity National Title Agen
Braemer Jeff $126,250 Chicago Title Insurance Co
Lomayesva Michael F $110,000 Stewart Title & Trust
Shaw Family Trust -- --
Shaw Laverne M $15,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monaco John V $187,500
Previous Owner Seymour John R $107,250
Previous Owner Seymour John R $122,000
Previous Owner Seymour John R $114,320
Previous Owner Braemer Jeff $113,625
Previous Owner Lomayesva Michael F $88,000
Closed Lomayesva Michael F $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $255,000 0.0% $170 / Sq Ft
12/16/2020 12/16/20 Price Changed $255,000 +2.0% $170 / Sq Ft
12/10/2020 12/10/20 For Sale $250,000 +71.2% $167 / Sq Ft
04/27/2016 04/27/16 Sold $146,000 -12.0% $97 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $165,900 -- $111 / 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 $1,918 $31,228 -- --
2024 $1,811 $31,512 -- --
2023 $1,888 $21,217 $4,942 $16,275
2022 $1,811 $16,723 $4,942 $11,781
2021 $1,844 $16,263 $0 $0
2020 $1,797 $14,419 $0 $0
2019 $1,724 $14,116 $0 $0
2018 $1,689 $10,977 $0 $0
2017 $1,644 $10,954 $0 $0
2016 $1,603 $10,712 $1,100 $9,612
2014 $1,355 $8,882 $1,100 $7,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6170068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-25-018