NOT LISTED FOR SALE

565 W 16th Ave Apache Junction, AZ 85120

Estimated Value: $401,979 - $521,000

-- Bed
-- Bath
3,024 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $242,000 $80 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,654/month

2 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available

About This Home

As of June 2017

100% occupied...Single level Fourplex...4 units with 2beds/1bath and separate laudry room with washer/dryer hook ups(each one)...Tenats pay their own water & electric...lot of parking...No very expensive trash & sewer annual costs...great investment...Buyer to verify all facts and figures

Last Agent to Sell the Property

Gerardo Bonifaz

West USA Realty License #SA037922000 Listed on: 06/05/2017

West USA Realty

Last Buyer's Agent

Mike Ross

HomeSmart License #BR560183000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1984

Lot Details

  • 9,104

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV
  • The owner pays for trash collection, sewer
  • Tax Lot 2
  • Assessor Parcel Number 102-22-002

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9112
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $5,099
  • Gross Income $30,600
  • Net Operating Income $26,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,339

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: US 60// IDAHO
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 04
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2016
  • Directions: FROM US 60 GO NORTH ON IRONWOOD AND EAST ON 16TH AVE TO PROPERTY
  • Road Surface Type: Concrete
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 960.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 9112
  • Additional Parcels: No
  • Parcel #: 102-22-002

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Electricity, Water, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 26840.0
  • Annual Operating Expense: 5099.0

Tax Info

  • Tax Annual Amount: 1339.0
  • Tax Book Number: 102.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Roebke Steven M
Bought by
Striker 68 Llc
Total Days on Market
2
Current Estimated Value
$455,245

Purchase Details

Closed on
Dec 17, 2018
Sold by
Drifter 57 Llc
Bought by
Roebke Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Roebke Karen L
Bought by
Drifter 57 Llc

Purchase Details

Closed on
May 25, 2018
Sold by
Striker 68 Llc
Bought by
Roebke Karen L

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 11, 2017
Sold by
Roebke Stevan
Bought by
Striker 68 Llc
Seller's Agent
Gerardo Bonifaz
West USA Realty
Buyer's Agent
Mike Ross
HomeSmart
List Price
$246,000
Sold Price
$242,000
Premium/Discount to List
-$4,000
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 18, 2017
Sold by
Roebke Steven
Bought by
Striker 68 Llc
Seller's Agent
Gerardo Bonifaz
West USA Realty
Buyer's Agent
Mike Ross
HomeSmart
List Price
$246,000
Sold Price
$242,000
Premium/Discount to List
-$4,000
-1.63%

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jun 23, 2017
Sold by
Taylor Tania
Bought by
Roebke Steven
Seller's Agent
Gerardo Bonifaz
West USA Realty
Buyer's Agent
Mike Ross
HomeSmart
List Price
$246,000
Sold Price
$242,000
Premium/Discount to List
-$4,000
-1.63%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Nguyen Thanh Tuna D
Bought by
Taylor Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 10, 2014
Closed on
Nov 4, 2014
Sold by
Culver Holdings I Llc
Bought by
Nguyen Thanh Tung
Seller's Agent
Robin Rotella
Keller Williams Integrity First
Buyer's Agent
Robert Laird
HomeSmart
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$131,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2014
Closed on
Nov 3, 2014
Sold by
Nguyet T Hoang Minh and Nguyen Thanh Tung D
Bought by
Min Nguyen Thanh Tung D and Min Nguyet T Hoang
Seller's Agent
Robin Rotella
Keller Williams Integrity First
Buyer's Agent
Robert Laird
HomeSmart
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Culver Holdings Maui Llc
Bought by
Culver Holdings I Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Culver Steven A
Bought by
Culver Holdings Maui Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Culver Amy L
Bought by
Culver Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Scott Steven E and Scott Steven
Bought by
Scott Steven E and Scott Heather L

Purchase Details

Closed on
Jan 14, 2004
Sold by
Scott Heather
Bought by
Scott Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,950
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2003
Sold by
Vernon Michael and Vernon Shaye F
Bought by
Federal National Mortgage Association

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
Kiker Theo A and Kiker Betty J
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
$149,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records

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
Striker 68 Llc $238,500 None Available
Roebke Steven M $238,500 None Available
Drifter 57 Llc $238,500 None Available
Roebke Karen L $238,500 None Available
Striker 68 Llc -- None Available
Striker 68 Llc $238,500 None Available
Roebke Steven $242,000 Magnus Title Agency
Taylor Tania $185,000 Great American Title Agency
Nguyen Thanh Tung $175,000 Security Title Agency
Min Nguyen Thanh Tung D -- Security Title Agency
Culver Holdings I Llc -- Chicago Title Insurance Co
Culver Holdings Maui Llc -- --
Culver Steven A -- Chicago Title Insurance Co
Culver Steven A $279,900 Chicago Title Insurance Co
Scott Steven E -- Chicago Title Insurance Co
Scott Steven -- Lawyers Title Insurance Corp
Scott Steven -- Lawyers Title Insurance Corp
Federal National Mortgage Association $163,677 First American Title
Hoganshe Llc -- Fidelity National Title
Vernon Michael $187,000 Fidelity National Title Agen
Kiker Theo A -- Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roebke Steven M $166,950
Previous Owner Taylor Tania $181,649
Previous Owner Min Nguyen Thanh Tung D $131,250
Previous Owner Culver Steven A $223,900
Previous Owner Scott Steven $132,950
Previous Owner Vernon Michael $149,600
Closed Vernon Michael $37,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $242,000 -1.6% $80 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $246,000 +40.6% $81 / Sq Ft
11/12/2014 11/12/14 Sold $175,000 -7.8% $58 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $189,900 -- $63 / 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 $1,820 $24,852 -- --
2024 $1,718 $24,981 -- --
2023 $1,792 $18,634 $5,465 $13,169
2022 $1,718 $18,990 $6,285 $12,705
2021 $1,750 $18,865 $0 $0
2020 $1,705 $18,283 $0 $0
2019 $1,636 $18,034 $0 $0
2018 $1,603 $12,175 $0 $0
2017 $1,560 $12,345 $0 $0
2016 $1,339 $12,271 $1,100 $11,171
2014 $1,441 $8,428 $1,100 $7,328
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gerardo Bonifaz

    West USA Realty

    (602) 375-3300

    3 Total Sales

    Gerardo Bonifaz
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Ross

    HomeSmart

    (480) 262-6000

    3 in this area

    11 Total Sales

    Mike Ross
    Section Image
  • Robin Rotella

    Seller's Agent in 2014

    Robin Rotella

    Keller Williams Integrity First

    (480) 225-7445

    11 in this area

    291 Total Sales

    Robin Rotella
    Section Image
  • Robert Laird

    Buyer's Agent in 2014

    Robert Laird

    HomeSmart

    (602) 740-4215

    1 in this area

    28 Total Sales

    Robert Laird
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5615545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-002

Arizona Pinal County Apache Junction 85120

565 W 16th Ave, Apache Junction, AZ

This home is located at 565 W 16th Ave, Apache Junction, AZ 85120 since 05 June 2017 and is currently estimated at $455,245, approximately $150 per square foot. This property was built in 1984. 565 W 16th Ave is a home located in Pinal County with nearby schools including Desert Vista 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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