NOT LISTED FOR SALE

727 W 16th Ave Apache Junction, AZ 85120

Estimated Value: $530,540

-- Bed
-- Bath
2,974 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 22, 2019

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

Est. 63% increase in value since last sale

Current estimated payment $2,957/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 Listed By

Joshua Barton

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

My Home Group Real Estate

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
  • Directions: From Southern N on Idaho Ave, W on 16th Ave continue passed San Marcos Dr, Complex on the right
  • 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
Total Days on Market
5
Current Estimated Value
$530,540

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
9.23%

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
Stand Alone Refi Refinance Of Original Loan

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
Stand Alone Refi Refinance Of Original Loan

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Johnson Family Holding Company Llc $129,500
Previous Owner Allen Tara D $265,500
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 Change Sq Ft Price
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 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 $1,689 $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
2014 $1,337 $7,820 $1,100 $6,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5986110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-22-021