NOT LISTED FOR SALE

418 E Navajo Ave Apache Junction, AZ 85119

Estimated Value: $456,000 - $523,000

-- Bed
-- Bath
3,248 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $375,000 $115 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,797/month

4 Days on Market

About This Home

As of September 2020

Great rental property 100% occupied with long term tenants. Units are all 2 bedroom, 1 bathroom and are equipped with washers and dryers. Tenants pay for electric, sewer and water, landlord pays for trash.

DO NOT DISTURB OCCUPANTS - DRIVE BY ONLY

Last Agent to Sell the Property

Lindsay Baker

Evolution Real Estate, LLC License #BR579474000 Listed on: 08/01/2020

Last Buyer's Agent

Mike Ross

HomeSmart License #BR560183000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 2004

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for trash collection, landscaping
  • Tax Lot 1451
  • Assessor Parcel Number 102-25-052

Community Details

Overview

  • 4 Units
  • Building Dimensions are 91.92 x 92.03 x 23.63 x 74.67 x 109.35
  • Palm Springs Unit Fourteen Subdivision

Building Details

  • Operating Expense $9,295
  • Gross Income $33,960
  • Net Operating Income $29,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,695

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Idaho & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Subdivision Name: PALM SPRINGS UNIT FOURTEEN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: 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: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1006.77

Schools

  • High School: Apache Junction High School

Lot Info

  • Lot Size: 91.92 x 92.03 x 23.63 x 74.67 x 109.35
  • Additional Parcels: No
  • Parcel #: 102-25-052

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 393.0
  • Annual Gross Income: 33960.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 29760.23
  • Annual Operating Expense: 9294.77

Tax Info

  • Tax Annual Amount: 2695.0
  • Tax Book Number: 102.00
  • Tax Lot: 1451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Roebke Steven
Bought by
Striker 90 Llc
Current Estimated Value
$484,225

Purchase Details

Listed on
Aug 1, 2020
Closed on
Aug 26, 2020
Sold by
Kuhni Justin D
Bought by
Roebke Steven
Seller's Agent
Lindsay Baker
Evolution Real Estate, LLC
Buyer's Agent
Mike Ross
HomeSmart
List Price
$369,500
Sold Price
$375,000
Premium/Discount to List
$5,500
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Nov 29, 2010
Sold by
Kuhni Ashley N
Bought by
Kuhni Justin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Blanco Adolfo S and Blanco Veronica
Bought by
Kuhni Justin and Kuhni Justin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Debeneditti Frank and Forsberg Keith
Bought by
Blanco Adolfo S and Blanco Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,650
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Debenedetti Jennifer B
Bought by
Debenedetti Frank

Purchase Details

Closed on
Jun 28, 2002
Sold by
Aston James R and Aston Ina
Bought by
Debenedetti Frank and Forsberg Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%

Purchase Details

Closed on
May 14, 2002
Sold by
Aston James R
Bought by
Aston James R 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
$140,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 11, 2000
Sold by
Aston Ina L
Bought by
Aston James R

Purchase Details

Closed on
Jul 7, 2000
Sold by
Aston James R
Bought by
J R A Corp

Purchase Details

Closed on
Jul 6, 2000
Sold by
Aston Ina L
Bought by
Aston James R
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
Striker 90 Llc $375,000 None Available
Roebke Steven $375,000 Magnus Title Agency Llc
Kuhni Justin D -- Lawyers Title Of Arizona Inc
Kuhni Justin $105,000 Lawyers Title Of Arizona Inc
Blanco Adolfo S $247,000 Chicago Title Insurance Co
Debenedetti Frank -- First American Title Ins Co
Forsberg Keith -- First American Title Ins Co
Debenedetti Frank $218,000 First American Title Ins Co
Aston James R -- First American Title
Aston James R -- First American Title
Aston James R $30,000 First American Title
J R A Corp -- First American Title
Aston James R -- First American Title
Aston James R $20,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuhni Justin $78,750
Previous Owner Blanco Adolfo S $223,650
Previous Owner Aston James R $140,000
Closed Aston James R $26,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $375,000 +1.5% $115 / Sq Ft
08/31/2020 08/31/20 For Sale $369,500 0.0% $114 / Sq Ft
08/31/2020 08/31/20 Price Changed $369,500 0.0% $114 / Sq Ft
07/31/2020 07/31/20 For Sale $369,500 -- $114 / 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 $2,999 $36,865 -- --
2024 $2,831 $37,237 -- --
2023 $2,953 $27,111 $4,943 $22,168
2022 $2,831 $25,307 $4,943 $20,364
2021 $2,884 $24,955 $0 $0
2020 $2,810 $22,038 $0 $0
2019 $2,695 $21,185 $0 $0
2018 $2,640 $18,038 $0 $0
2017 $2,570 $17,936 $0 $0
2016 $2,507 $17,353 $1,100 $16,253
2014 $2,375 $13,887 $1,100 $12,787
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Baker

    Seller's Agent in 2020

    Lindsay Baker

    Evolution Real Estate, LLC

    (480) 227-7945

    20 Total Sales

    Lindsay Baker
    Section Image

  • M

    Buyer's Agent in 2020

    Mike Ross

    HomeSmart

    (480) 262-6000

    2 in this area

    10 Total Sales

    Mike Ross
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6111140

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-25-052

Arizona Pinal County Apache Junction 85119

418 E Navajo Ave, Apache Junction, AZ

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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