NOT LISTED FOR SALE

565 W 16th Ave Apache Junction, AZ 85120

Estimated Value: $386,761 - $729,000

Studio
-- Bath
3,024 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

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

Est. 113% increase in value since last sale

Current estimated payment $2,925 / mo

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

9,104 Sq Ft Lot

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
  • 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

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

Closed on
Mar 22, 2019
Sold by
Bought by
Current Estimated Value
$516,440

Purchase Details

Closed on
Dec 17, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2018
Sold by
Bought by

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 11, 2017
Sold by
Bought by
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
8.80%

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 18, 2017
Sold by
Bought by
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
Bought by
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
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
$181,649
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2014
Closed on
Nov 4, 2014
Sold by
Bought by
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
9.77%
Original Mortgage
$131,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2014
Closed on
Nov 3, 2014
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jun 16, 2005
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
$223,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
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
$223,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 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
$132,950
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2003
Sold by
Bought by

Purchase Details

Closed on
May 20, 2002
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
$149,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$238,500 None Available
$238,500 None Available
$238,500 None Available
$238,500 None Available
-- None Available
$238,500 None Available
$242,000 Magnus Title Agency
$185,000 Great American Title Agency
$175,000 Security Title Agency
-- Security Title Agency
-- Chicago Title Insurance Co
-- --
-- Chicago Title Insurance Co
$279,900 Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Lawyers Title Insurance Corp
-- Lawyers Title Insurance Corp
$163,677 First American Title
-- Fidelity National Title
$187,000 Fidelity National Title Agen
-- Fidelity National Title Agen
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 $181,649
Previous Owner $131,250
Previous Owner $223,900
Previous Owner $132,950
Previous Owner $149,600
Closed $37,400
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
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 View Prior Sale
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

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 $1,820 $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

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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

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