NOT LISTED FOR SALE

528 E Navajo Ave Apache Junction, AZ 85119

Estimated Value: $672,779

-- Bed
6 Baths
1,600 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $760,000 $475 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,979/month

26 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System

About This Home

As of May 2023

Turn Key investment with positive cash flow in high growth east valley. Triplex Fully leased @ $5200 per month. All units have 3 bedrooms and 2 bathrooms. Unit 2 & 3 have been fully renovated. Exterior of property was painted 12/2022. All appliances convey.

Last Listed By

Nima Faghih

Cluff Real Estate LLC License #SA696852000 Listed on: 03/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 2006

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 1455
  • Assessor Parcel Number 102-25-056

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10001-12500
  • Palm Springs Unit Fourteen Subdivision

Building Details

  • Operating Expense $2,834
  • Gross Income $58,505
  • Net Operating Income $56,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,834

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: PALM SPRINGS UNIT FOURTEEN
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: <1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

  • Electric: SRP
  • Cooling: Electric, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 10001-12500
  • Additional Parcels: No
  • Parcel #: 102-25-056

Multi Family

  • Owner Pays: Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 58504.8
  • Property Net Operating Income: 56784.0
  • Annual Operating Expense: 2834.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2834.0
  • Tax Book Number: 102.00
  • Tax Lot: 1455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wilcox Isabelle and Rodrigues Sonia Y
Bought by
Irst Llc
Total Days on Market
26
Current Estimated Value
$672,779

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 19, 2023
Sold by
528 East Navajo Llc
Bought by
Wilcox Isabelle and Rodrigues Sonia Y
Seller's Agent
Nima Faghih
Cluff Real Estate LLC
Buyer's Agent
Andrea Francis
West USA Realty
List Price
$815,000
Sold Price
$760,000
Premium/Discount to List
-$55,000
-6.75%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.96%
Original Mortgage
$570,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
Higgins Tiffany
Bought by
528 East Navajo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2021
Sold by
Higgins Tiffany
Bought by
528 East Navajo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2021
Sold by
Higgins Daniel and Higgins Tiffany
Bought by
Higgins Tiffany and Higgins Danial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 19, 2020
Sold by
528 E Navajo Llc
Bought by
Mimax Llc
Seller's Agent
Kim Eaton
Urban Jungle Realty, LLC
Buyer's Agent
Daniel Higgins
Canyon State Real Estate LLC
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Eaton Kim
Bought by
528 E Navajo Llc

Purchase Details

Closed on
May 3, 2005
Sold by
Bold Construction Inc
Bought by
Eaton Kim

Purchase Details

Closed on
Apr 24, 2000
Sold by
Huber Irvine F and Huber O E
Bought by
Bold Construction Inc

Purchase Details

Closed on
Mar 6, 1999
Sold by
Cota Jorge C
Bought by
Huber Irvine and Huber Erma O

Purchase Details

Closed on
Mar 28, 1997
Sold by
Cota Graciela F
Bought by
Cota Jorge C

Purchase Details

Closed on
Mar 6, 1997
Sold by
Huber Irvine and Huber Erma O
Bought by
Cota Jorge C

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
Irst Llc -- None Listed On Document
Wilcox Isabelle $760,000 First American Title
528 East Navajo Llc $499,000 First Arizona Title
528 East Navajo Llc $499,000 First Arizona Title Agcy Llc
Higgins Tiffany -- Accommodation
Higgins Tiffany -- Accommodation
Mimax Llc $350,000 First Arizona Title
528 E Navajo Llc -- None Available
Eaton Kim $35,500 Tsa Title Agency
Bold Construction Inc $16,500 Transnation Title Ins Co
Huber Irvine -- --
Cota Jorge C -- --
Cota Jorge C $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilcox Isabelle $570,000
Previous Owner 528 East Navajo Llc $532,000
Previous Owner 528 East Navajo Llc $500,000
Previous Owner 528 East Navajo Llc $500,000
Previous Owner Mimax Llc $265,000
Previous Owner Eaton Kim $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $760,000 -1.9% $475 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $775,000 -1.3% $484 / Sq Ft
03/29/2023 03/29/23 Price Changed $785,000 -3.7% $491 / Sq Ft
03/25/2023 03/25/23 For Sale $815,000 +132.9% $509 / Sq Ft
02/20/2020 02/20/20 Sold $350,000 0.0% $219 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/20/2020 01/20/20 Off Market $350,000 -- --
01/13/2020 01/13/20 For Sale $349,000 -- $218 / 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 $3,002 $47,602 -- --
2024 $2,834 $48,923 -- --
2023 $2,955 $38,537 $5,012 $33,525
2022 $2,834 $24,265 $5,012 $19,253
2021 $2,886 $23,876 $0 $0
2020 $2,812 $19,507 $0 $0
2019 $2,697 $18,942 $0 $0
2018 $2,643 $16,895 $0 $0
2017 $2,652 $16,613 $0 $0
2016 $2,587 $16,950 $1,100 $15,850
2014 $1,628 $9,732 $1,100 $8,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6535750

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-25-056