NOT LISTED FOR SALE

427 E Mesquite Ave Apache Junction, AZ 85119

Estimated Value: $364,000 - $566,000

Studio
-- Bath
3,100 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2013

Last sale price $168,000 $54 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,630 / mo

292 Days on Market

Highlights

  • RV or Boat Parking
  • Community Playground
  • Vinyl Flooring
  • Cooling Available
  • Ceiling Fan
  • Heat Pump System

About This Home

As of June 2013

Traditional $ale, Owned Free & Clear, NOT a Bank Owned, NOT a Short Sale.... This 2-Story 4-Plex was Remoldeled in 2010 with a New Roof, 3 New A/C Units, New Exterior & Interior Paint, Newer Appliances, Refrigerators, Vinyl Flooring, Laundry Hook-ups, Extra Storage in Rear, Low Taxes, CAP Rate 10.59%, All Income & Expenses Accurate, Owner/Self Managed, ALL UNITS ARE ~RENTED with Screened Tenants at $525 & Deposits at $525 Each. This Property is Located in a Very Good Area and is Well Maintained! A True Income Producer!! Your Investors Need to Jump On This One NOW!! NO VACANCIES!+!+!

Last Agent to Sell the Property

Roger Harbaugh

Delex Realty License #SA043327000 Listed on: 08/17/2012

Delex Realty

Last Buyer's Agent

James Watson

Perfect Choice Real Estate License #BR534447000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1981

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • RV or Boat Parking

Schools

  • Desert Vista Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, landscaping
  • Tax Lot 1415
  • Assessor Parcel Number 102-25-016

Community Details

Overview

  • 4 Units
  • Building Dimensions are 92 X 109
  • Palm Springs Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $5,047
  • Gross Income $25,200
  • Net Operating Income $18,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1981

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Cross Street: Go East on Southern from Idaho
  • Property Type: Multiple Dwellings
  • Zoning: 4-Plex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2011
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: Palm Springs
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: RV/Boat Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Submetered System, Individual Meter
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Play Area: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 92 X 109
  • Additional Parcels: No
  • Parcel #: 102-25-016

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 100.0
  • Annual Gross Income: 25200.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 18537.0
  • Annual Operating Expense: 5047.0

Tax Info

  • Tax Annual Amount: 1647.0
  • Tax Book Number: 102.00
  • Tax Lot: 1415

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Bought by
Current Estimated Value
$465,006

Purchase Details

Closed on
May 8, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Outstanding Balance
$86,756
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$378,250

Purchase Details

Closed on
May 2, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Outstanding Balance
$86,756
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$378,250

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jun 5, 2013
Sold by
Bought by
Seller's Agent
Roger Harbaugh
Delex Realty
Buyer's Agent
James Watson
Perfect Choice Real Estate
List Price
$185,000
Sold Price
$168,000
Premium/Discount to List
-$17,000
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2010
Sold by
Bought by

Purchase Details

Closed on
May 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Timios Inc
-- None Available
-- Clear Title Agency Of Az
$168,000 First American Title Ins Co
$71,500 Servicelink
$260,693 None Available
-- First American Title Insuran
-- First American Title Insuran
-- First American Title Insuran
-- First American Title Insuran
-- Fidelity National Title Agen
$230,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $113,750
Previous Owner $240,500
Previous Owner $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2013 06/27/13 Sold $168,000 -9.2% $54 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $185,000 -- $60 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,420 $22,511 -- --
2024 $1,298 $22,537 -- --
2023 $1,354 $14,451 $5,012 $9,439
2022 $1,298 $20,553 $5,012 $15,541
2021 $1,322 $19,546 $0 $0
2020 $1,288 $14,103 $0 $0
2019 $1,236 $13,472 $0 $0
2018 $1,211 $8,320 $0 $0
2017 $1,178 $8,112 $0 $0
2016 $1,149 $7,796 $1,100 $6,696
2014 $1,089 $6,368 $1,100 $5,268
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Roger Harbaugh

    DPR Realty

    (602) 625-9356

    4 Total Sales

    Roger Harbaugh
    Section Image

  • J

    Buyer's Agent in 2013

    James Watson

    Perfect Choice Real Estate

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4805181

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-25-016

Arizona Pinal County Apache Junction 85119

427 E Mesquite 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.