J
Seller's Agent in 2019
Jake Allen
Tradelands Realty
(480) 610-6833
40 Total Sales
503 E Montebello Ave Apache Junction, AZ 85119
Estimated Value: $424,000 - $540,000
Studio
--
Bath
2,880
Sq Ft
$171/Sq Ft
Est. Value
About This Home
As of March 2019GREAT INVESTMENT WITH GREAT VALUE ADD OPPORTUNITY - RENTS SHOULD BE INCREASED BY AT LEAST $75 PER UNIT. MOST OF THE UNITS ARE MONTH TO MONTH SO THIS CAN BE DONE QUICKLY: TENANTS ALL PAY THEIR OWN WATER AND ELECTRIC. WELL KEPT, 4-PLEX IN EXCELLENT CONDITION. FULLY RENTED. ALL UNITS HAVE NEW A/C INSTALLED BETWEEN 2013 TO 2015. TILE THROUGHOUT ALL UNITS.EACH UNIT HAS ITS OWN PRIVATE FENCED YARD AND PRIVATE STORAGE UNIT. LOTS OF PARKING FOR TENANTS. NOTE: OWNER IS ALSO SELLING 4-PLEX AT (471 E. MONTEBELLO.) GREAT OPPORTUNITY FOR OWNER TO PURCHASE 8 UNITS TOGETHER. TENANTS PAYS OWNER WATER AND ELECTRIC!!! **Numbers listed under expenses on MLS are for self managing buyers/owners**
Last Agent to Sell the Property
Tradelands Realty License #SA569290000 Listed on: 01/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,200
Year Built
- Built in 1982
Lot Details
- 10,019
Home Design
- Wood Frame Construction
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for water, cable TV
- The owner pays for landscaping
- Tax Lot 1447
- Assessor Parcel Number 102-25-048
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Palm Springs Unit 14 Subdivision
Building Details
- Operating Expense $3,400
- Gross Income $26,976
- Net Operating Income $21,376
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
Jan 7, 2019
Closed on
Mar 13, 2019
Sold by
Bought by
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Austin Foley
West USA Realty
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%
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
$202,706
Avg. Annual Appreciation
7.55%
Purchase Details
Closed on
Feb 4, 2018
Sold by
Bought by
Purchase Details
Listed on
Nov 14, 2016
Closed on
Jan 19, 2017
Sold by
Bought by
Seller's Agent
Robert Sanguigni
Delex Realty
Buyer's Agent
Jake Allen
Tradelands Realty
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$153,750
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 6, 2010
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
$68,625
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 2005
Sold by
Bought by
Purchase Details
Closed on
Dec 8, 2005
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 10, 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
$154,250
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2004
Sold by
Bought by
Purchase Details
Closed on
Mar 18, 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
$136,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 17, 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 |
|---|---|---|---|
| $290,000 | Great American Ttl Agcy Inc | ||
| -- | None Available | ||
| $205,000 | Empire West Title Agency | ||
| $91,500 | Security Title Agency | ||
| $80,300 | Fidelity National Title | ||
| -- | None Available | ||
| -- | First American Title Insuran | ||
| -- | First American Title Insuran | ||
| -- | First American Title Insuran | ||
| $205,700 | First American Title Insuran | ||
| -- | Ticor Title Agency Of Az Inc | ||
| $161,000 | American Title Ins Agency Az | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $153,750 | ||
| Previous Owner | $68,625 | ||
| Previous Owner | $154,250 | ||
| Previous Owner | $136,000 | ||
| Closed | $30,800 |
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 |
|---|---|---|---|---|---|
| 03/25/2019 03/25/19 | Sold | $290,000 | -3.3% | $101 / Sq Ft | |
| 02/24/2019 02/24/19 | Pending | -- | -- | -- | |
| 01/17/2019 01/17/19 | Price Changed | $299,900 | -3.2% | $104 / Sq Ft | |
| 01/07/2019 01/07/19 | For Sale | $309,900 | +51.2% | $108 / Sq Ft | |
| 02/20/2017 02/20/17 | Sold | $205,000 | -10.8% | $71 / Sq Ft | View Prior Sale |
| 11/21/2016 11/21/16 | For Sale | $229,900 | +12.1% | $80 / Sq Ft | |
| 11/16/2016 11/16/16 | Off Market | $205,000 | -- | -- | |
| 11/14/2016 11/14/16 | For Sale | $229,900 | -- | $80 / 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 | $1,349 | $21,843 | -- | -- |
| 2024 | $1,273 | $21,863 | -- | -- |
| 2023 | $1,328 | $14,130 | $5,014 | $9,116 |
| 2022 | $1,273 | $19,495 | $5,014 | $14,481 |
| 2021 | $1,297 | $18,543 | $0 | $0 |
| 2020 | $1,263 | $13,377 | $0 | $0 |
| 2019 | $1,212 | $17,457 | $0 | $0 |
| 2018 | $1,187 | $7,896 | $0 | $0 |
| 2017 | $1,156 | $7,688 | $0 | $0 |
| 2016 | $1,127 | $7,685 | $1,100 | $6,585 |
| 2014 | $1,068 | $6,245 | $1,100 | $5,145 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Allen
-
Austin Foley
A
Buyer's Agent in 2019
Austin Foley
West USA Realty
(480) 336-2900
19 Total Sales
-
Robert Sanguigni
R
Seller's Agent in 2017
Robert Sanguigni
DPR Realty
(480) 540-1239
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5864361
APN: 102-25-048
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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