Seller's Agent in 2018
John Gordon
Coldwell Banker Realty
(602) 319-8509
160 Total Sales
435 E Montebello Ave Apache Junction, AZ 85119
Estimated Value: $510,000 - $560,000
Studio
4
Baths
925
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
About This Home
As of November 20184-plex with amazingly large 2 bdrm units (925 sq ft each!), off street parking, separate laundry rooms in each unit and semi- private patios. Property is fenced. Three long term tenants. Each unit pays 1⁄4 of water bill. MLS comps show rent range of $660 to $690. Current average is $583. Interiors renovated as they become available. This is one of the few newer multi-family units in the area and is easy to rent with little down time. Lots of upward potential for rents!
Last Agent to Sell the Property
Coldwell Banker Realty License #BR009377000 Listed on: 10/30/2018
Last Buyer's Agent
Joe Ackerman
ProSmart Realty License #SA641405000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,135
Year Built
- Built in 2002
Lot Details
- Property fronts an alley
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Peralta Trail Elementary School
- Cactus Canyon Junior High
- Apache Junction High School
Utilities
- Central Air
- Heating Available
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, water, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 1449
- Assessor Parcel Number 102-25-050
Community Details
Overview
- 4 Units
- Building Dimensions are 100x100
- Palm Springs Unit Fourteen Subdivision
Building Details
- Operating Expense $6,017
- Gross Income $27,121
- Net Operating Income $21,943
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
Listed on
Oct 30, 2018
Closed on
Dec 21, 2018
Sold by
Bought by
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Joe Ackerman
ProSmart Realty
List Price
$298,700
Sold Price
$298,700
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,034
Avg. Annual Appreciation
7.92%
Original Mortgage
$225,000
Outstanding Balance
$198,625
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$334,109
Purchase Details
Listed on
Oct 30, 2018
Closed on
Nov 27, 2018
Sold by
Bought by
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Joe Ackerman
ProSmart Realty
List Price
$298,700
Sold Price
$298,700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$198,625
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$334,109
Purchase Details
Closed on
Apr 3, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 2, 2011
Sold by
Bought by
Purchase Details
Closed on
Sep 14, 2006
Sold by
Bought by
Purchase Details
Closed on
Jul 25, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 21, 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
$276,250
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 21, 2004
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
$238,500
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2003
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
$177,000
Interest Rate
5.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 8, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Empire West Title Agency Llc | ||
| $298,700 | Yava Pal Title Agency Inc | ||
| -- | None Available | ||
| $105,000 | Yavapai Title Agency Inc | ||
| $425,000 | Stewart Title & Trust Of Pho | ||
| -- | Stewart Title & Trust Of Pho | ||
| -- | None Available | ||
| $425,000 | Stewart Title & Trust Of Pho | ||
| $265,000 | Arizona Title Agency Inc | ||
| $236,000 | Lawyers Title Of Arizona Inc | ||
| -- | -- | ||
| $20,000 | 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 | $225,000 | ||
| Closed | $224,025 | ||
| Previous Owner | $276,250 | ||
| Previous Owner | $238,500 | ||
| Previous Owner | $177,000 |
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 |
|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $298,700 | -6.5% | $323 / Sq Ft |
| 11/02/2018 11/02/18 | Price Changed | $319,500 | +7.0% | $345 / Sq Ft |
| 10/30/2018 10/30/18 | For Sale | $298,700 | -- | $323 / 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 | $2,425 | $40,177 | -- | -- |
| 2024 | $2,331 | $40,932 | -- | -- |
| 2023 | $2,387 | $29,897 | $5,012 | $24,885 |
| 2022 | $2,289 | $27,580 | $5,012 | $22,568 |
| 2021 | $2,331 | $27,456 | $0 | $0 |
| 2020 | $2,271 | $24,407 | $0 | $0 |
| 2019 | $2,179 | $23,457 | $0 | $0 |
| 2018 | $2,135 | $20,366 | $0 | $0 |
| 2017 | $2,078 | $20,040 | $0 | $0 |
| 2016 | $2,027 | $19,403 | $1,100 | $18,303 |
| 2014 | $1,920 | $11,227 | $1,100 | $10,127 |
Source: Public Records
Agents Affiliated with this Home
-
John Gordon
-
J
Buyer's Agent in 2018
Joe Ackerman
ProSmart Realty
-
F
Buyer Co-Listing Agent in 2018
Fred Hackett
DeLex Realty
-
F
Buyer Co-Listing Agent in 2018
Fred N Hackett
RE/MAX Professionals
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5840438
APN: 102-25-050
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.
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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