438 E Kachina Ave Apache Junction, AZ 85119
--
Bed
--
Bath
3,168
Sq Ft
10,019
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Individual Controls for Heating
About This Home
As of October 2019Total 4 units, 2 BR/ 1 BATH, 2 units been remodeled with all new kitchen, all new appliances, granite countertops, tile showers and 20' tile floors. All rented, Great tenants. New AC. All units are metered separately for water and electric. 11.5% CAP Rate. SEE DOC TAB FOR INCOME AND EXPENSE REPORT.
Last Buyer's Agent
John Van Etten
Weichert, Realtors-Home Pro Realty License #SA646176000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,465
Year Built
- Built in 1987
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for trash collection, electricity, cable TV
- The owner pays for sewer
- Tax Lot 1015
- Assessor Parcel Number 102-26-016
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $4,693
- Gross Income $26,748
- Net Operating Income $23,520
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2019
Closed on
Dec 15, 2019
Sold by
Roebke Steven M
Bought by
Striker 84 Llc
Seller's Agent
Patience Mikhail
AARE
Buyer's Agent
Mike Ross
HomeSmart
List Price
$380,000
Sold Price
$345,000
Premium/Discount to List
-$35,000
-9.21%
Total Days on Market
96
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
$197,659
Avg. Annual Appreciation
8.54%
Original Mortgage
$241,500
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Aug 15, 2019
Closed on
Oct 21, 2019
Sold by
Haroun Bolis
Bought by
Roebke Steven
Seller's Agent
Patience Mikhail
AARE
Buyer's Agent
Mike Ross
HomeSmart
List Price
$380,000
Sold Price
$345,000
Premium/Discount to List
-$35,000
-9.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Nov 15, 2013
Closed on
Mar 17, 2014
Sold by
Bolis Haroun Neven and Bolis Haroun
Bought by
Haroun Bolis
Seller's Agent
Lobna Hanoneh
Citiea
Buyer's Agent
John Van Etten
Weichert, Realtors-Home Pro Realty
List Price
$225,000
Sold Price
$199,000
Premium/Discount to List
-$26,000
-11.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$143,700
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 21, 2012
Closed on
Jan 23, 2013
Sold by
Residential Rentals Llc
Bought by
Skyhawk Llc
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Tammy Rankin
Maison Belle Real Estate LLC
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.46%
Purchase Details
Listed on
Dec 21, 2012
Closed on
Jan 16, 2013
Sold by
Yukolis Neal
Bought by
Az Apartment Rentals Llc
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Tammy Rankin
Maison Belle Real Estate LLC
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%
Purchase Details
Listed on
Dec 21, 2012
Closed on
Dec 31, 2012
Sold by
Az Apartment Rentals Llc
Bought by
Residential Rentals Llc
Seller's Agent
Neal Yukolis
My Home Group Real Estate
Buyer's Agent
Tammy Rankin
Maison Belle Real Estate LLC
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%
Purchase Details
Closed on
Mar 9, 2010
Sold by
Rahi Real Estate Holdings Llc
Bought by
Az Apartment Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2010
Sold by
Luna Ike B and Luna Raquel D
Bought by
Rahi Real Estate Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2006
Sold by
Luna Ike B and Luna Raquel D
Bought by
Luna Ike B and Luna Raquel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 7, 2006
Sold by
Luna Ike B and Luna Raquel D
Bought by
Luna Ike B and Luna Raquel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 23, 2005
Sold by
Saunders Desiree
Bought by
Luna Ike B and Luna Raquel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,900
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2003
Sold by
Saunders Desiree E
Bought by
A J 525 Land Trust
Purchase Details
Closed on
Oct 24, 2000
Sold by
Taylor Sue
Bought by
Kachinaplx Trust
Map
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $345,000 | None Available | |
| Warranty Deed | $345,000 | Magnus Title Agency | |
| Interfamily Deed Transfer | -- | American Title Service Agenc | |
| Warranty Deed | $199,000 | American Title Service Agenc | |
| Cash Sale Deed | $147,500 | Security Title Agency | |
| Warranty Deed | -- | Security Title Agency | |
| Cash Sale Deed | $93,200 | Security Title Agency | |
| Special Warranty Deed | $82,900 | Fidelity National Title | |
| Trustee Deed | $80,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | The Talon Group Mesa Springs | |
| Warranty Deed | $309,900 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $241,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $143,700 | New Conventional | |
| Previous Owner | $350,700 | Unknown | |
| Previous Owner | $62,000 | New Conventional | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $278,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2019 10/29/19 | Sold | $345,000 | -9.2% | $109 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 08/15/2019 08/15/19 | For Sale | $380,000 | +91.0% | $120 / Sq Ft |
| 03/25/2014 03/25/14 | Sold | $199,000 | -11.6% | $63 / Sq Ft |
| 02/19/2014 02/19/14 | Pending | -- | -- | -- |
| 11/15/2013 11/15/13 | For Sale | $225,000 | +52.5% | $71 / Sq Ft |
| 01/25/2013 01/25/13 | Sold | $147,500 | -1.6% | $47 / Sq Ft |
| 01/10/2013 01/10/13 | Pending | -- | -- | -- |
| 12/21/2012 12/21/12 | For Sale | $149,900 | -- | $47 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $25,408 | -- | -- |
| 2024 | $1,772 | $26,016 | -- | -- |
| 2023 | $1,848 | $17,785 | $5,011 | $12,774 |
| 2022 | $1,772 | $26,471 | $5,011 | $21,460 |
| 2021 | $1,805 | $25,507 | $0 | $0 |
| 2020 | $1,759 | $19,135 | $0 | $0 |
| 2019 | $1,687 | $18,805 | $0 | $0 |
| 2018 | $1,653 | $12,315 | $0 | $0 |
| 2017 | $1,609 | $12,685 | $0 | $0 |
| 2016 | $1,569 | $12,620 | $1,100 | $11,520 |
| 2014 | $1,486 | $8,694 | $1,100 | $7,594 |
Source: Public Records
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5031181
APN: 102-26-016
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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