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525 W 16TH Avenue, Apache Junction, AZ 85220
$90,500

Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$90,500
Last Modified:
8/01/2025
Description
SHORT SALE APPROVAL REQUIRED. This is a great Short Sale opportunity and the property has been very well maintained by owner and property management company, almost all of the units have been remodeled. Tile floors, 2 seperate buildings, good location, close to the US 60 freeway. Please Respect the tenants, DRIVE BY ONLY at this time.
More Information MLS# 4678576
Contract Info
Current Price: $90,500
Sold Price: $90,500
Status: Closed
List Date: 2011-11-18
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R44
House Number: 525
Compass: W
Street Name: 16TH
St Suffix: Avenue
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85220
Zip4: 6300
County Code: Pinal
Assessor Number: 102-22-004
Tax Year: 2011
General Property Description
Lot Size Dimensions: IRR
Year Built: 1979
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: Multi
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
Elementary School: Other
Jr. High School: Other
High School: Other
Remarks Misc
Cross Street: US 60 & Idaho
Directions: From US 60 to Idaho, go North to 16th Ave, West to property on left side of the street.
Geo Lat: 33.417143
Geo Lon: -111.572484
Status Change Info
Off Market Date: 2012-04-02
Under Contract Date: 2011-11-30
Close of Escrow Date: 2012-05-10
Sold Price: $90,500
Legal Info
Township: 01N
Range: 08E
Section: 29
Lot Number: 4
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 495
Avg SqFt: 720
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Special: Lender / Corporate Approval Required
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: August - 01 - 2025

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