NOT LISTED FOR SALE

511 E Kachina Ave Apache Junction, AZ 85119

Estimated Value: $421,823 - $565,000

8 Beds
4 Baths
2,832 Sq Ft
10,019 Sq Ft Lot

Last Sold February 28, 2014

Last sale price $185,000 $65 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,847/month

44 Days on Market

Highlights

  • 0.23 Acre Lot
  • Eat-In Kitchen
  • Tile Flooring
  • No HOA
  • Solar Screens
  • Central Air

About This Home

As of February 2014

Super well cared for 4 plex , with 4 tenants , all good leases.
The building has new roof , new out side paint , 2 newer AC units and 2 about 10 year old AC units.
1 unit has a top of the line remodel job done , 2 units was remodeled last year, and one unit with a older remodel job. all units are 2 bedroom and 1 bath room, gross monthly rent income is :$2160.00

Everything is running perfect with this cash cow, ready for investor looking for simple building to run.

Drive by only , No sign at property.

Last Listed By

Morten Pedersen

Lori Blank & Associates, LLC License #BR635605000 Listed on: 12/17/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1983

Lot Details

  • Wrought Iron Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Apache Junction High Middle School
  • Apache Junction High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Palm Springs Subdivision

Listing and Financial Details

  • Tax Lot 1040
  • Assessor Parcel Number 102-26-041

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,013

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Apache Trail / Royal Palm
  • Legal Info Range: 08E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 1110
  • Directions: S on Royal palm to Kachina, then E on Kachina to 511 Kachina ( South side of road)
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: Palm Springs
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 2832.0
  • Stories: 1
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Synthetic Stucco, Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Apache Junction High School
  • Middle Or Junior School: Apache Junction High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 102-26-041
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ??

Tax Info

  • Tax Annual Amount: 2013.0
  • Tax Book Number: 102.00
  • Tax Lot: 1040
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2013
Closed on
Feb 18, 2014
Sold by
Rance Fred John and Rance Luella
Bought by
Moose Tracks Ii Llc
Seller's Agent
Morten Pedersen
Lori Blank & Associates, LLC
Buyer's Agent
Morten Pedersen
Lori Blank & Associates, LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Total Days on Market
44
Current Estimated Value
$492,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,956
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Superstition Investments Llc
Bought by
Rance Fred John and Rance Luella J

Purchase Details

Closed on
Jan 10, 2013
Sold by
Bugayong Fernando L and Bugayong Rosario F
Bought by
Superstition Investments Llc

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bugayong Fernando L and Bugayong Rosario F
Bought by
Bugayong Fernando L and Bugayong Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2002
Sold by
Anderson Richard C and Anderson Rhonda R
Bought by
Bugayong Fernando and Bugayong Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
7.13%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moose Tracks Ii Llc $185,000 Title Management Agency Of A
Rance Fred John $152,000 Great American Title Agency
Superstition Investments Llc $115,700 None Available
Bugayong Fernando L -- --
Bugayong Fernando $161,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bugayong Fernando L $171,000
Previous Owner Bugayong Fernando $161,500
Previous Owner Bugayong Fernando L $148,800
Previous Owner Bugayong Fernando $144,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $185,000 -7.0% $65 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $199,000 -- $70 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,366 $21,141 -- --
2024 $1,313 $21,445 -- --
2023 $1,345 $14,184 $5,012 $9,172
2022 $1,289 $19,836 $5,012 $14,824
2021 $1,313 $18,873 $0 $0
2020 $1,279 $13,604 $0 $0
2019 $1,227 $13,005 $0 $0
2018 $1,203 $7,986 $0 $0
2017 $1,171 $8,123 $0 $0
2016 $1,142 $8,124 $1,100 $7,024
2014 $1,082 $6,325 $1,100 $5,225
Source: Public Records

Agents Affiliated with this Home

  • Morten Pedersen

    Seller's Agent in 2014

    Morten Pedersen

    Lori Blank & Associates, LLC

    (480) 289-9821

    1 Total Sale

    Morten Pedersen
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5043567

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-26-041

Arizona Pinal County Apache Junction 85119

511 E Kachina Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 511 E Kachina Ave, Apache Junction, AZ 85119 since 17 December 2013 and is currently estimated at $492,956, approximately $174 per square foot. This property was built in 1983. 511 E Kachina Ave is a home located in Pinal County with nearby schools including Peralta Trail Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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

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