NOT LISTED FOR SALE

545 W 16th Ave Apache Junction, AZ 85120

Estimated Value: $419,000 - $596,000

Studio
-- Bath
3,780 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $245,000 $65 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,619/month

About This Home

Great investment opportunity! Fully occupied 4 unit property, all 2 bedroom units, each with a single car garage located in the back. Convenient location just minutes to Hwy 60.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Kimberly Dearmond
Bought by
Dearmond Group Properties Llc
Current Estimated Value
$477,680

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 9, 2017
Sold by
Dearmond Steven and Dearmond Kimberly
Bought by
Dearmond Group Properties Llc
Seller's Agent
Nicole Doty
Zion Realty, LLC
Buyer's Agent
Kimberly DeArmond
Real Broker
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$240,562
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 10, 2017
Sold by
Kj & Bj Enterprises Llc
Bought by
Darmond Steven and Darmond Kimblery
Seller's Agent
Nicole Doty
Zion Realty, LLC
Buyer's Agent
Kimberly DeArmond
Real Broker
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2011
Sold by
Johnson Kay W and Johnson Marcia
Bought by
Kj & Bj Enterprises Llc

Purchase Details

Closed on
Oct 7, 2003
Sold by
Hoganshe Llc
Bought by
Johnson Kay W and Johnson Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 30, 2003
Sold by
Vernon Michael and Vernon Shaye F
Bought by
Hoganshe Llc

Purchase Details

Closed on
May 20, 2002
Sold by
Anderson Julie Diane and Radtke Robert
Bought by
Vernon Michael and Vernon Shaye F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1999
Sold by
Kiker Theo A and Kiker Betty J
Bought by
C & J Trust Two

Purchase Details

Closed on
Jun 3, 1997
Sold by
Kiker M M and Kiker Gladyce L
Bought by
Kiker Theo and Kiker Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 1994
Sold by
Rice John M and Rice Geraldine C
Bought by
Kiker M M and Kiker Gladyce L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Dearmond Group Properties Llc -- None Listed On Document
Dearmond Group Properties Llc -- None Available
Darmond Steven $245,000 North American Title Co
Kj & Bj Enterprises Llc -- None Available
Johnson Kay W $175,500 Fidelity National Title Agen
Hoganshe Llc -- Fidelity National Title
Vernon Michael $190,000 Fidelity National Title Agen
C & J Trust Two -- --
Kiker Theo -- --
Kiker M M $88,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darmond Steven $240,562
Previous Owner Johnson Kay W $140,400
Previous Owner Vernon Michael $152,000
Previous Owner Kiker Theo $65,000
Closed Vernon Michael $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2017 07/12/17 Sold $245,000 -18.3% $56 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $299,900 -- $68 / Sq Ft

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 $1,896 $25,173 -- --
2024 $1,790 $25,139 -- --
2023 $1,867 $18,282 $5,462 $12,820
2022 $1,790 $26,325 $6,555 $19,770
2021 $1,823 $25,014 $0 $0
2020 $1,776 $20,610 $0 $0
2019 $1,704 $19,834 $0 $0
2018 $1,669 $12,042 $0 $0
2017 $1,625 $11,750 $0 $0
2016 $1,585 $11,244 $1,100 $10,144
2014 -- $8,779 $1,100 $7,679
Source: Public Records

Agents Affiliated with this Home

  • Nicole Doty

    Seller's Agent in 2017

    Nicole Doty

    Zion Realty, LLC

    (602) 525-1745

    1 in this area

    21 Total Sales

    Nicole Doty
    Section Image

  • K

    Buyer's Agent in 2017

    Kimberly DeArmond

    Real Broker

    (949) 400-0829

    6 Total Sales

    Kimberly DeArmond
    Section Image
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Map

Arizona Pinal County Apache Junction 85120

545 W 16th Ave, Apache Junction, AZ

Not Listed for Sale

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