NOT LISTED FOR SALE

727 W 16th Ave Apache Junction, AZ 85120

Estimated Value: $511,000 - $744,000

Studio
-- Bath
2,974 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $325,000 $109 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,234/month

5 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating

About This Home

As of October 2019

Great Investment opportunity! Each unit has 2 bedrooms with 1 bathroom.

Last Agent to Sell the Property

Joshua Barton

My Home Group Real Estate License #SA557075000 Listed on: 10/02/2019

My Home Group Real Estate

Last Buyer's Agent

Chrissy Valentine

Real Broker License #SA677846000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1984

Lot Details

  • 9,757

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Four Peaks Elementary School - Apache Junction
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, sewer
  • Tax Lot 21
  • Assessor Parcel Number 102-22-021

Community Details

Overview

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

Building Details

  • Operating Expense $3,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,518

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Southern & Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: SUPERSTITION VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 840.0
  • Annual Water Sewer Expense: 1620.0

Schools

  • Elementary School: Four Peaks Elementary School - Apache Junction
  • High School: Apache Junction High School
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 102-22-021

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 3978.0

Tax Info

  • Tax Annual Amount: 1518.0
  • Tax Book Number: 102.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Pittman Lance
Bought by
Mercedes Investment Co Llc
Current Estimated Value
$582,802

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 16, 2019
Sold by
B And P Llc
Bought by
Pittman Lance
Seller's Agent
Joshua Barton
My Home Group Real Estate
Buyer's Agent
Chrissy Valentine
Real Broker
List Price
$319,999
Sold Price
$325,000
Premium/Discount to List
$5,001
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Aug 1, 2016
Sold by
Johnoson Family Holding Company Llc
Bought by
B And P Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Allen Tara D
Bought by
Johnson Family Holding Company Llc

Purchase Details

Closed on
May 24, 2005
Sold by
Scott Steven E and Scott Heather L
Bought by
Allen Tara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,807
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Scott Heather L
Bought by
Scott Steven Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2003
Sold by
Federal National Mortgage Association
Bought by
Scott Steven Edward and Scott Healther L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,194
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 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
6.94%
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

Date Buyer Sale Price Title Company
Mercedes Investment Co Llc $360,000 Great American Ttl Agcy Inc
Pittman Lance $325,000 Fidelity Natl Ttl Agcy Inc
B And P Llc -- None Available
Johnson Family Holding Company Llc $125,000 None Available
Allen Tara D $288,297 --
Scott Steven E -- Chicago Title Insurance Co
Scott Steven Edward -- Chicago Title Insurance Co
Scott Steven Edward -- Lawyers Title Insurance Corp
Federal National Mortgage Association $159,947 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 Allen Tara D $201,807
Previous Owner Scott Steven Edward $147,000
Previous Owner Scott Steven Edward $137,194
Previous Owner Vernon Michael $149,600
Closed Scott Steven Edward $42,000
Closed Allen Tara D $57,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $325,000 +1.6% $109 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $319,999 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,689 $21,796 -- --
2024 $1,594 $22,667 -- --
2023 $1,663 $16,760 $0 $0
2022 $1,594 $16,353 $5,850 $10,503
2021 $1,624 $16,521 $0 $0
2020 $1,582 $16,200 $0 $0
2019 $1,518 $16,035 $0 $0
2018 $1,487 $10,840 $0 $0
2017 $1,447 $10,934 $0 $0
2016 $1,412 $10,645 $1,100 $9,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5986110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-021