Brandon Seil
Real Broker
(480) 576-5218
13 Total Sales
1 in Apache Junction
$138,000 Price
461 W 16th Ave Apache Junction, AZ 85120
Apache Junction AreaEstimated Value: $296,000 - $609,000
Studio
--
Bath
2,832
Sq Ft
$163/Sq Ft
Est. Value
About This Home
As of August 2019Come and see your next 4-plex investment! Almost at an 8% cap rate. All units rented but some month-month contracts leave option for primary residence buyer. Under professional property management. Easy to rent. Three newer AC units. All solid surface flooring throughout for low maintenance. Washer/dryer hookups. ALL utilities (electric, water, and trash) in tenants' individual names. No worrying about a leaky toilet and an unexpectedly high water bill! No HOA. One tenant since 2012 has low lease rate of only $615 plus tax. Newest two tenants are at $715 plus tax. Drive by only; showing with accepted offer. Buyer to verify all facts and figures.
Last Agent to Sell the Property
Kathryn Jones
Evolve Realty, LLC Brokerage Email: info@evolverealty.com License #SA540336000 Listed on: 07/17/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,236
Year Built
- Built in 1982
Lot Details
- 9,104
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
Flooring
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Cactus Canyon Junior High
- Apache Junction High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Septic Tank
Listing and Financial Details
- Tenant pays for trash collection, electricity, water
- Tax Lot 6
- Assessor Parcel Number 102-22-006
Community Details
Overview
- 4 Units
- Building Dimensions are 75x121.27
- Superstition Villa Subdivision
Building Details
- Operating Expense $8,279
- Gross Income $32,583
- Net Operating Income $26,340
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
Jul 17, 2019
Closed on
Aug 12, 2019
Sold by
Bought by
Seller's Agent
Kathryn Jones
Evolve Realty, LLC
Buyer's Agent
Gina McKinley
Realty ONE Group
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
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
$147,383
Avg. Annual Appreciation
5.63%
Purchase Details
Closed on
Feb 26, 2015
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
$94,250
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2014
Closed on
Sep 19, 2014
Sold by
Bought by
Seller's Agent
Shannon Exley
AJ Legends Realty, LLC
Buyer's Agent
Chanson Jones
Berkshire Hathaway HomeServices Arizona Properties
List Price
$163,500
Sold Price
$145,000
Premium/Discount to List
-$18,500
-11.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Purchase Details
Closed on
Mar 13, 2012
Sold by
Bought by
Purchase Details
Closed on
Feb 27, 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
$120,900
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 2, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 19, 2002
Sold by
Bought by
Purchase Details
Closed on
Jan 5, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Apache Junction, AZ
-
Brandon Seil
-
Ben Koerner
Ben Koerner
Responds QuicklyFathom Realty Elite
(623) 257-8749
146 Total Sales
2 in Apache Junction
$385K - $386K Price Range
-
Shane Peck
Shane Peck
HomeSmart
(855) 561-0549
43 Total Sales
1 in Apache Junction
$325,000 Price
-
Robert Urrutia
Robert Urrutia
Responds QuicklyRe/Max Vision Realty
(480) 739-3235
53 Total Sales
19 in Apache Junction
$1K - $565K Price Range
-
Stacy Ortega
Stacy Ortega
Real Broker
(833) 315-2326
141 Total Sales
4 in Apache Junction
$120K - $425K Price Range
-
Mary Jo Santistevan
Mary Jo Santistevan
Responds QuicklySERHANT.
(623) 263-8643
245 Total Sales
1 in Apache Junction
$220,000 Price
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 |
|---|---|---|---|
| $315,000 | Lawyers Title Of Arizona Inc | ||
| -- | Nextitle | ||
| $145,000 | First American Title Ins Co | ||
| -- | None Available | ||
| $186,000 | Chicago Title Insurance Co | ||
| $166,000 | Fidelity National Title Agen | ||
| -- | Fidelity National Title Agen | ||
| -- | 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 | $227,467 | ||
| Previous Owner | $94,250 | ||
| Previous Owner | $120,900 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $315,000 | -6.0% | $111 / Sq Ft | |
| 07/17/2019 07/17/19 | For Sale | $335,000 | +131.0% | $118 / Sq Ft | |
| 10/07/2014 10/07/14 | Sold | $145,000 | -11.3% | $51 / Sq Ft | View Prior Sale |
| 09/12/2014 09/12/14 | Pending | -- | -- | -- | |
| 09/01/2014 09/01/14 | For Sale | $163,500 | -- | $58 / 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 | $1,405 | $19,704 | ||
| 2024 | $1,326 | $19,755 | ||
| 2023 | $1,383 | $14,036 | $0 | $0 |
| 2022 | $1,326 | $20,114 | $5,454 | $14,660 |
| 2021 | $1,350 | $19,155 | $0 | $0 |
| 2020 | $1,316 | $15,929 | $0 | $0 |
| 2019 | $1,262 | $15,337 | $0 | $0 |
| 2018 | $1,236 | $7,904 | $0 | $0 |
| 2017 | $1,233 | $7,710 | $0 | $0 |
| 2016 | $1,222 | $7,726 | $1,100 | $6,626 |
| 2014 | -- | $7,180 | $1,100 | $6,080 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Kathryn Jones
Evolve Realty, LLC
-
Gina McKinley
Buyer's Agent in 2019
Gina McKinley
Realty One Group
(480) 355-8645
49 Total Sales
-
S
Seller's Agent in 2014
Shannon Exley
AJ Legends Realty, LLC
-
C
Buyer's Agent in 2014
Chanson Jones
Berkshire Hathaway HomeServices Arizona Properties
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5954547
APN: 102-22-006
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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