NOT LISTED FOR SALE

590 W 18th Ave Apache Junction, AZ 85120

Estimated Value: $479,746 - $553,000

-- Bed
-- Bath
3,233 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $300,000 $93 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,058/month

23 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of July 2019

Each of these well maintained units has a private blocked in yard, storage unit, and all with washer/dryer hookups and standard appliances. The property is individually metered for electric and water so there are no worries about high water bills from running toilets or tenant overuse. All two bedroom units that are fully rented at $599, $550, $650, $616.

Last Listed By

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 06/11/2019

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1983

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV
  • The owner pays for trash collection
  • Tax Lot 48
  • Assessor Parcel Number 102-22-048

Community Details

Overview

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

Building Details

  • Operating Expense $8,658
  • Gross Income $27,531
  • Net Operating Income $18,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,504

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: I-60 and Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2018
  • Directions: N on Idaho to 20th Ave, W on 20th Ave to Monterey, N to property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2202.0
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • 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: 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: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • 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: Private Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1152.0

Schools

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

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 102-22-048

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Water, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 27531.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 18873.0
  • Annual Operating Expense: 8658.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1504.0
  • Tax Book Number: 102.00
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Godoy Damian and Godoy Launi
Bought by
Arizona Empire Llc
Total Days on Market
23
Current Estimated Value
$525,937

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 17, 2019
Sold by
Klobucher Bruce
Bought by
Godoy Damian and Godoy Launi
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Damian Godoy
My Home Group Real Estate
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$225,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Klondike & Associates Llc
Bought by
Klobucher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 2004
Sold by
Klobucher Bruce
Bought by
Klondike & Associates Llc

Purchase Details

Closed on
Jan 2, 2004
Sold by
Dale Nichols Verna
Bought by
Klobucher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2003
Sold by
Klobucher Teri
Bought by
Klobucher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2002
Sold by
Nichols Verna R
Bought by
Dale Nichols Verna R

Purchase Details

Closed on
Jun 25, 2002
Sold by
Nichols Verna R
Bought by
Dale Nichols Verna R

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 Buyer Sale Price Title Company
Arizona Empire Llc -- None Listed On Document
Godoy Damian $300,000 New Title Company Name
Klobucher Bruce -- Capital Title Agency Inc
Klondike & Associates Llc -- --
Klobucher Bruce $190,900 Capital Title Agency Inc
Klobucher Bruce -- Capital Title Agency Inc
Dale Nichols Verna R -- --
Dale Nichols Verna R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godoy Damian $228,000
Previous Owner Godoy Damian $228,000
Previous Owner Godoy Damian $225,000
Previous Owner Klobucher Bruce $210,000
Previous Owner Klobucher Bruce $152,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $300,000 -3.2% $93 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $310,000 0.0% $96 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $310,000 -- $96 / 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 $1,708 $25,526 -- --
2024 $1,612 $25,749 -- --
2023 $1,682 $18,868 $0 $0
2022 $1,612 $24,729 $6,985 $17,744
2021 $1,642 $23,566 $0 $0
2020 $1,600 $19,784 $0 $0
2019 $1,535 $19,073 $0 $0
2018 $1,504 $9,613 $0 $0
2017 $1,553 $9,714 $0 $0
2016 $1,524 $9,701 $1,100 $8,601
2014 $1,470 $8,597 $1,100 $7,497
Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2019

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    27 Total Sales

    Brian Gaffney
    Section Image

  • D

    Buyer's Agent in 2019

    Damian Godoy

    My Home Group Real Estate

    (480) 685-2760

    8 in this area

    332 Total Sales

    Damian Godoy
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5938229

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-048

Arizona Pinal County Apache Junction 85120

590 W 18th Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 590 W 18th Ave, Apache Junction, AZ 85120 since 11 June 2019 and is currently estimated at $525,937, approximately $162 per square foot. This property was built in 1983. 590 W 18th 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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