NOT LISTED FOR SALE

1460 S De Niza Rd Apache Junction, AZ 85119

Estimated Value: $272,000 - $550,000

-- Bed
4 Baths
1,800 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $445,000 $247 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,582/month

5 Days on Market

Highlights

  • 8 Car Attached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2022

Duplex with large two bedroom units, privacy yards and each with a two car garage, on a residential side street. Building went through a major renovation in 2011 including new roof. Major improvements since renovation include a new A/C unit in 2014 and new garage door and opener in 2019 in unit #2. Tenants pay all utilities and maintain landscaping. Market rent estimated to be $1150 to $1250 per unit a month. Rate of return, at this range, projected to be 5.6% to 6.1%, based on 2021 expenses. No deferred maintenance nor rent related issues. Owner would prefer to carry.

Last Listed By

John Gordon

Coldwell Banker Realty License #BR009377000 Listed on: 12/09/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1997

Lot Details

  • 9,627

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Car Attached Garage
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener

Schools

  • Peralta Trail Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 102-03-341

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9648

Building Details

  • Operating Expense $2,756
  • Gross Income $22,800
  • Net Operating Income $20,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Cross Street: Winchester & 16th Ave/Hondo
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1997
  • Tax Year: 2021
  • Directions: East on Hondo (16th), North on DeNiza to property at corner of De Niza and Friar
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrb12
  • Co List Office Phone: 480-834-9131
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, Add'l Parking Avail, Garage Door Opener, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Attached: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Peralta Trail Elementary School
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 9648
  • Additional Parcels: No
  • Parcel #: 102-03-341

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 669.0
  • Maintenance Expense: 401.0
  • Property Net Operating Income: 20044.0
  • Annual Operating Expense: 2756.0

Tax Info

  • Tax Annual Amount: 1686.0
  • Tax Book Number: 102.00
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Campoy Elba V
Bought by
Family Rentals 1 Llc
Total Days on Market
5
Current Estimated Value
$439,354

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 4, 2022
Sold by
Aj Properties No 1 Llc
Bought by
Campoy Elba V
Seller's Agent
John Gordon
Coldwell Banker Realty
Buyer's Agent
Tony Barbosa
DPR Realty LLC
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$333,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2019
Sold by
Scardino Charles and Scardino Maureen
Bought by
Aj Properties No 1 Llc

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 5, 2012
Sold by
Branham Glenford and Folsom Al
Bought by
Scardino Charles and Scardino Maureen
Seller's Agent
Barbara Schultz
Coldwell Banker Realty
Buyer's Agent
John Gordon
Coldwell Banker Realty
List Price
$123,500
Sold Price
$106,300
Premium/Discount to List
-$17,200
-13.93%

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%
Original Mortgage
$75,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2011
Sold by
Johnson Cyndi
Bought by
Branham Glenford

Purchase Details

Closed on
Nov 8, 2010
Sold by
Hart Chritine
Bought by
Johnson Cyndi

Range of Values:

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Average Value
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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
Family Rentals 1 Llc -- None Listed On Document
Campoy Elba V $445,000 Yavapai Title Agency
Aj Properties No 1 Llc -- Yavapai Title Agency Inc
Scardino Charles $106,300 Yavapai Title Agency Inc
Branham Glenford $12,682 Magnus Title Agency
Johnson Cyndi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campoy Elba V $333,750
Previous Owner Scardino Charles $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $445,000 0.0% $247 / Sq Ft
12/09/2021 12/09/21 For Sale $445,000 +318.6% $247 / Sq Ft
07/31/2012 07/31/12 Sold $106,300 -13.9% $59 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $123,500 -- $69 / 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 $1,754 $25,863 -- --
2024 $1,656 $26,465 -- --
2023 $1,727 $16,072 $4,823 $11,249
2022 $1,656 $14,161 $4,823 $9,338
2021 $1,686 $14,044 $0 $0
2020 $1,643 $14,367 $0 $0
2019 $1,576 $14,103 $0 $0
2018 $1,544 $9,907 $0 $0
2017 $1,503 $9,787 $0 $0
2016 $1,466 $9,963 $1,100 $8,863
2014 $592 $2,166 $750 $1,416
Source: Public Records

Agents Affiliated with this Home

  • John Gordon

    Seller's Agent in 2022

    John Gordon

    Coldwell Banker Realty

    (602) 319-8509

    61 in this area

    149 Total Sales

    John Gordon
    Section Image
  • Stephanie Mitchell

    Seller Co-Listing Agent in 2022

    Stephanie Mitchell

    Coldwell Banker Realty

    (480) 234-7407

    32 in this area

    101 Total Sales

    Stephanie Mitchell
    Section Image
  • Tony Barbosa

    Buyer's Agent in 2022

    Tony Barbosa

    DPR Realty

    (602) 723-3692

    1 in this area

    42 Total Sales

    Tony Barbosa
    Section Image
  • Barbara Schultz

    Seller's Agent in 2012

    Barbara Schultz

    Coldwell Banker Realty

    (480) 688-8199

    103 in this area

    194 Total Sales

    Barbara Schultz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6330526

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-03-341

Arizona Pinal County Apache Junction 85119

1460 S De Niza Rd, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1460 S De Niza Rd, Apache Junction, AZ 85119 since 09 December 2021 and is currently estimated at $439,354, approximately $244 per square foot. This property was built in 1997. 1460 S De Niza Rd is a home located in Pinal County with nearby schools including Peralta Trail 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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