$175,000
SOLD NOV 12, 2014

565 W 16th Ave Apache Junction, AZ 85120

-- Bed
-- Bath
3,024 Sq Ft
9,104 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

8% Below List Price

93 Days on Market

About This Home

As of June 2017

***GREAT OPPORTUNITY ***ONLY SINGLE LEVEL 4PLEX AVAILABLE WITH SEWER***NEW EXTERIOR PAINTING JUST COMPLETED! ***PROPERTY DESIGN IS ONE OF THE BEST IN THE AREA...*** NO FLAT ROOF ISSUES TO DEAL WITH! ***ALL 4 DESIRABLE FIRST FLOOR, SINGLE LEVEL UNITS W/TILE OR VINYL FLOORS & OPEN FLOOR PLANS! ***NO CARPET ***LOTS OF PARKING AVAILABLE ***EASY TO KEEP RENTED WITH GOOD SIGNAGE VISIBILITY *** TRANSFERABLE HOME WARRANTY INCLUDED ***PROFESSIONALLY MANAGED ***TENANTS PAY WATER AND ELECTRIC. ***GARBAGE AND SEWER COSTS ONLY $264 AND $1500 PER YEAR & ***NO SEPTIC ISSUES OR HUGE SEWER HOOK-UP FEES TO DEAL WITH! ***A GREAT TIME TO INVEST!

Last Agent to Sell the Property

Robin Rotella

Keller Williams Integrity First License #SA631992000 Listed on: 07/10/2014

Keller Williams Integrity First

Last Buyer's Agent

Robert Laird

HomeSmart License #BR010224000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Assigned Parking

Schools

  • Desert Vista Elementary School
  • Desert Shadows Elementary Middle School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for 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 $4,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,441

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
  • Year Built: 1984
  • Tax Year: 2014
  • Directions: FROM US 60 GO NORTH ON IRONWOOD AND EAST ON 16TH AVE. TO PROPERTY ON SOUTH SIDE.
  • Road Surface Type: Concrete
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Metal, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: Assigned
  • 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • 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

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

Fee Information

  • Trash Expense: 264.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apache Junction High School
  • Middle Or Junior School: Desert Shadows Elementary School

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 4405.14

Tax Info

  • Tax Annual Amount: 1441.14
  • 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
Current Estimated Value
$460,994

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
8.21%

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
9.41%
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
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 Type Sale Price Title Company
Warranty Deed $238,500 None Available
Warranty Deed $238,500 None Available
Warranty Deed $238,500 None Available
Warranty Deed $238,500 None Available
Warranty Deed -- None Available
Warranty Deed $238,500 None Available
Warranty Deed $242,000 Magnus Title Agency
Warranty Deed $185,000 Great American Title Agency
Warranty Deed $175,000 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $279,900 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Special Warranty Deed -- Lawyers Title Insurance Corp
Trustee Deed $163,677 First American Title
Quit Claim Deed -- Fidelity National Title
Warranty Deed $187,000 Fidelity National Title Agen
Interfamily Deed Transfer -- Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $166,950 New Conventional
Previous Owner $181,649 FHA
Previous Owner $131,250 New Conventional
Previous Owner $223,900 Purchase Money Mortgage
Previous Owner $132,950 Adjustable Rate Mortgage/ARM
Previous Owner $149,600 New Conventional
Closed $37,400 No Value Available
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5142207

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-002