NOT LISTED FOR SALE

578 W 18th Ave Apache Junction, AZ 85120

Estimated Value: $434,000 - $583,000

-- Bed
-- Bath
3,200 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $535,000 $167 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,920/month

13 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of December 2023

Income property with mountain views! All four units rented with 2 bedrooms and 1 bath with including laundry hook ups in each unit.

Last Agent to Sell the Property

Crystal Runyon

HomeSmart Lifestyles License #SA671215000 Listed on: 10/21/2023

HomeSmart Lifestyles

Last Buyer's Agent

Damian Godoy

My Home Group Real Estate License #BR623758000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1985

Lot Details

  • 9,627

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for trash collection
  • Tax Lot 47
  • Assessor Parcel Number 102-22-047

Community Details

Overview

  • 4 Units
  • Building Dimensions are 74.88x128.71
  • Superstition Villa Subdivision

Building Details

  • Operating Expense $1,878
  • Gross Income $28,461
  • Net Operating Income $16,141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,878

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Idaho Rd & 16th ave
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 04-02
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 74.88x128.71
  • Additional Parcels: No
  • Parcel #: 102-22-047

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 28460.5
  • Property Net Operating Income: 16140.82
  • Annual Operating Expense: 1878.0

Tax Info

  • Tax Annual Amount: 1878.0
  • Tax Book Number: 102.00
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Arizona Empire Llc
Bought by
Godoy Launi
Current Estimated Value
$524,800

Purchase Details

Listed on
Oct 21, 2023
Closed on
Jan 25, 2024
Sold by
Godoy Launi and Godoy Damian
Bought by
Arizona Empire Llc
Seller's Agent
Crystal Runyon
HomeSmart Lifestyles
Buyer's Agent
Damian Godoy
My Home Group Real Estate
List Price
$609,900
Sold Price
$535,000
Premium/Discount to List
-$74,900
-12.28%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.00%

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 14, 2014
Sold by
Mehok Antti Frances A
Bought by
Antti Steven G
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Charlie Wise
Lost Dutchman Realty
List Price
$179,000
Sold Price
$168,000
Premium/Discount to List
-$11,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$126,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 30, 2014
Sold by
Metcalf Raymond A and Metcalf Lorrie M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 5, 2003
Sold by
Riggs Justin C and Riggs Katherine
Bought by
Metcalf Raymond A and Metcalf Lorrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2003
Sold by
Riggs Justin C
Bought by
Riggs Justin C and Riggs Katherine

Purchase Details

Closed on
Nov 21, 2002
Sold by
Riggs Katie
Bought by
Riggs Justin C

Purchase Details

Closed on
Dec 10, 2001
Sold by
Bissar Fatimeh
Bought by
Bissar Saadi J

Purchase Details

Closed on
Feb 13, 1997
Sold by
Bissar Saadi and Bissar Saadi J
Bought by
Bissar Saadi J
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
Godoy Launi -- Navi Title Agency
Arizona Empire Llc -- None Listed On Document
Antti Steven G -- Servicelink
Antti Steven G -- Servicelink
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $223,003 None Available
Metcalf Raymond A $226,000 Chicago Title Insurance Co
Riggs Justin C -- --
Riggs Justin C -- Security Title Agency
Riggs Justin C $200,000 Security Title Agency
Bissar Saadi J -- Security Title Agency
Bissar Saadi J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antti Steven G $126,000
Previous Owner Metcalf Raymond A $180,800
Closed Metcalf Raymond A $22,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $535,000 -12.3% $167 / Sq Ft
12/01/2023 12/01/23 Price Changed $609,900 0.0% $191 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $609,900 0.0% $191 / Sq Ft
04/02/2015 04/02/15 Rented $499 0.0% --
04/02/2015 04/02/15 Under Contract -- -- --
03/24/2015 03/24/15 For Rent $499 0.0% --
08/18/2014 08/18/14 Sold $168,000 -6.1% $53 / Sq Ft View Prior Sale
07/01/2014 07/01/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $179,000 -- $56 / 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 $1,907 $24,070 -- --
2024 $1,800 $25,003 -- --
2023 $1,878 $18,797 $5,766 $13,031
2022 $1,800 $17,514 $5,766 $11,748
2021 $1,834 $17,633 $0 $0
2020 $1,787 $17,247 $0 $0
2019 $1,714 $17,037 $0 $0
2018 $1,679 $11,825 $0 $0
2017 $1,635 $11,766 $0 $0
2016 $1,594 $11,654 $1,100 $10,554
2014 -- $8,868 $1,100 $7,768
Source: Public Records

Agents Affiliated with this Home

  • Crystal Runyon

    Seller's Agent in 2023

    Crystal Runyon

    HomeSmart Lifestyles

    (480) 334-8131

    1 in this area

    39 Total Sales

    Crystal Runyon
    Section Image
  • Damian Godoy

    Buyer's Agent in 2023

    Damian Godoy

    My Home Group Real Estate

    (480) 685-2760

    5 in this area

    261 Total Sales

    Damian Godoy
    Section Image

  • G

    Seller's Agent in 2015

    Gina Espinoza

    Fulton Home Sales Corporation

    (480) 416-4929

    2 Total Sales

    Gina Espinoza
    Section Image

  • B

    Buyer's Agent in 2015

    Brenda Anderson

    Revelation Real Estate

    Section Image
  • Paul Whittle

    Seller's Agent in 2014

    Paul Whittle

    American Allstar Realty

    (480) 751-5300

    7 in this area

    91 Total Sales

    Paul Whittle
    Section Image
  • Charlie Wise

    Buyer's Agent in 2014

    Charlie Wise

    Lost Dutchman Realty

    (480) 818-0014

    66 in this area

    108 Total Sales

    Charlie Wise
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6620803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-047

Arizona Pinal County Apache Junction 85120

578 W 18th Ave, Apache Junction, AZ

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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