J
Seller's Agent in 2019
Jake Allen
Tradelands Realty
(480) 610-6833
48 Total Sales
749 W 16th Ave Apache Junction, AZ 85120
Estimated Value: $500,840 - $562,000
--
Bed
--
Bath
2,974
Sq Ft
$177/Sq Ft
Est. Value
About This Home
As of April 2019***THIS FULLY RENTED 4PLEX IS A GREAT INVESTMENT OPPORTUNITY! ***LOWEST PRICED 4PLEX AVAILABLE IN AJ***PROPERTY DESIGN IS ONE OF BEST IN AREA ***NO FLAT ROOF ISSUES TO DEAL WITH***ALL 4 DESIRABLE FIRST FLOOR, SINGLE LEVEL UNITS HAVE TILE OR VINYL FLOORS AND OPEN FLOOR PLANS***NO CARPET***LOTS OF PARKING AVAILABLE***EASY TO KEEP RENTED WITH GOOD SIGNAGE VISIBILITY ***TRANSFERABLE HOME WARRANTY AVAILABLE*** PROFESSIONALLY MANAGED ***TENANTS PAY ELECTRIC AND WATER ***LOW GARBAGE AND SEWER COSTS FOR THE LANDLORD***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,487
Year Built
- Built in 1984
Lot Details
- 9,757
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Desert Shadows Elementary 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 22
- Assessor Parcel Number 102-22-022
Community Details
Overview
- 4 Units
- Building Dimensions are 80 x 122
- Superstition Villa Subdivision
Building Details
- Operating Expense $7,736
- Gross Income $28,800
- Net Operating Income $22,551
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2019
Closed on
Mar 25, 2019
Sold by
Tlw Land Holdings Llc
Bought by
Mercedes Investment Co Llc
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Austin Foley
West USA Realty
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Total Days on Market
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,710
Avg. Annual Appreciation
9.39%
Purchase Details
Closed on
Feb 4, 2018
Sold by
Wengert Terry E
Bought by
Tlw Land Holdings Llc
Purchase Details
Closed on
Aug 22, 2017
Sold by
Dkcd Investments Llc
Bought by
Wengert Terry E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 14, 2016
Closed on
Jul 28, 2016
Sold by
Culver Holding Llc
Bought by
Dkcd Investment Llc
Seller's Agent
Robin Rotella
Keller Williams Integrity First
Buyer's Agent
Jarom Rogers
eXp Realty
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Purchase Details
Closed on
Oct 5, 2005
Sold by
Culver Steven A
Bought by
Culver Holdings Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 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
$228,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2005
Sold by
Trezza Richard and Trezza Karen
Bought by
Trezza Richard and Trezza Karen
Purchase Details
Closed on
Nov 24, 2004
Sold by
Gilbert Derek
Bought by
Trezza Richard and Trezza Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2004
Sold by
Gilbert Gina M
Bought by
Gilbert Derek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,750
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 12, 2004
Sold by
Vernons 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
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mercedes Investment Co Llc | $305,000 | Great American Ttl Agcy Inc | |
| Tlw Land Holdings Llc | -- | None Available | |
| Wengert Terry E | $235,000 | Empire West Title Agency | |
| Dkcd Investment Llc | $190,000 | Security Title Agency Inc | |
| Culver Holdings Ii Llc | -- | Chicago Title Insurance Co | |
| Culver Steven A | -- | Chicago Title Insurance Co | |
| Culver Steven A | $285,000 | Chicago Title Insurance Co | |
| Trezza Richard | -- | -- | |
| Trezza Richard | $235,000 | First American Title Ins Co | |
| Gilbert Derek | -- | Lawyers Title Ins | |
| Gilbert Derek | -- | Lawyers Title Ins | |
| Federal National Mortgage Association | $168,122 | 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 | Wengert Terry E | $176,250 | |
| Previous Owner | Culver Steven A | $228,000 | |
| Previous Owner | Trezza Richard | $188,000 | |
| Previous Owner | Gilbert Derek | $149,750 | |
| Previous Owner | Vernon Michael | $149,600 | |
| Closed | Trezza Richard | $23,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2019 04/08/19 | Sold | $305,000 | -1.6% | $103 / Sq Ft |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- |
| 01/17/2019 01/17/19 | Price Changed | $309,900 | -3.1% | $104 / Sq Ft |
| 01/07/2019 01/07/19 | For Sale | $319,900 | +68.4% | $108 / Sq Ft |
| 08/04/2016 08/04/16 | Sold | $190,000 | -9.0% | $64 / Sq Ft |
| 07/11/2016 07/11/16 | Pending | -- | -- | -- |
| 07/08/2016 07/08/16 | Price Changed | $208,900 | -0.5% | $70 / Sq Ft |
| 05/22/2016 05/22/16 | Price Changed | $209,900 | -6.7% | $71 / Sq Ft |
| 02/10/2016 02/10/16 | For Sale | $225,000 | -- | $76 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $21,801 | -- | -- |
| 2024 | $1,594 | $22,672 | -- | -- |
| 2023 | $1,663 | $16,763 | $0 | $0 |
| 2022 | $1,594 | $16,375 | $5,853 | $10,522 |
| 2021 | $1,624 | $16,542 | $0 | $0 |
| 2020 | $1,582 | $16,220 | $0 | $0 |
| 2019 | $1,517 | $16,055 | $0 | $0 |
| 2018 | $1,487 | $10,857 | $0 | $0 |
| 2017 | $1,447 | $10,950 | $0 | $0 |
| 2016 | $1,412 | $10,661 | $1,100 | $9,561 |
| 2014 | $1,337 | $7,820 | $1,100 | $6,720 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Allen
-
Austin Foley
A
Buyer's Agent in 2019
Austin Foley
West USA Realty
(480) 336-2900
19 Total Sales
-
Robin Rotella
Seller's Agent in 2016
Robin Rotella
Keller Williams Integrity First
(480) 225-7445
11 in this area
292 Total Sales
-
Jarom Rogers
Buyer's Agent in 2016
Jarom Rogers
eXp Realty
(480) 772-8833
4 in this area
135 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5864374
APN: 102-22-022
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.
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
Nearby Homes
- 1815 S San Marcos Dr
- 2137 W Erie Ave Unit 137
- 492 W 17th Ave
- 2271 S Seminole Dr
- 2260 S Seminole Dr
- 1006 W 15th Ln
- 1005 W 19th Ave
- 2113 S Cherokee Dr
- 2301 S Seminole Dr Unit 301
- 277 W 16th Ave
- 2358 S Pomo Ave
- 1985 S Plaza Dr
- 1356 Kiowa Cir
- 660 W 22nd Ave
- 1448 S Zuni --
- 2002 S Apache Dr
- 1900 S Coconino Dr
- 1426 S Havasupai Dr
- 1819 S Coconino Dr
- 1478 W Blackfoot Ave
- 749 W 16th Ave
- 727 W 16th Ave
- 775 W 16th Ave
- 775 W 16th Ave Unit 1
- 775 W 16th Ave Unit 2
- 775 W 16th Ave Unit 3
- 762 W 17th Ave
- 736 W 17th Ave
- 701 W 16th Ave
- 788 W 17th Ave
- 712 W 17th Ave
- 17805 S Buena Vista Dr
- 780 W 16th Ave
- 720 W 16th Ave
- 690 W 17th Ave
- 683 W 16th Ave
- 1567 S San Marcos Dr
- 1570 S Buena Vista Dr
- 1659 S Cardinal Dr
- 709 W 17th Ave