Seller's Agent in 2025
Oskar Jonsson
Barrett Real Estate
(602) 318-6433
4 in this area
46 Total Sales
1461 E Southern Ave Apache Junction, AZ 85119
Estimated Value: $530,000 - $559,000
Studio
4
Baths
708
Sq Ft
$770/Sq Ft
Est. Value
Highlights
- Brick Veneer
- Ceramic Tile Flooring
- Heating Available
- Cooling Available
About This Home
As of November 2025Great Investment opportunity in Apache Junction!! This four-plex features four 2-bedroom, 1-bathroom units, each designed for comfortable living and steady rental demand. With strong cash flow potential and a location close to schools, and major highways, this property is ideal for both seasoned investors and those looking to grow their portfolio. A rare chance to own a solid income-producing asset in a desirable area.
Last Agent to Sell the Property
Barrett Real Estate License #BR629553000 Listed on: 09/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,546
Year Built
- Built in 1981
Home Design
- Brick Veneer
- Wood Frame Construction
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Over 1 Space Per Unit
Schools
- Peralta Trail Elementary School
- Cactus Canyon Junior High
- Apache Junction High School
Utilities
- Cooling Available
- Heating Available
- Septic Tank
Listing and Financial Details
- The owner pays for landscaping
- Tax Lot 1756
- Assessor Parcel Number 102-27-255
Community Details
Overview
- 4 Units
- Building Dimensions are 90 x 109
- Palm Springs Unit 15 Subdivision
Building Details
- Operating Expense $6,232
- Gross Income $45,334
- Net Operating Income $39,102
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2025
Closed on
Dec 23, 2025
Sold by
Bought by
Seller's Agent
Oskar Jonsson
Barrett Real Estate
Buyer's Agent
Lethe Lew
Desert River Realty
List Price
$599,000
Sold Price
$542,500
Premium/Discount to List
-$56,500
-9.43%
Views
4
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
$2,876
Avg. Annual Appreciation
0.86%
Original Mortgage
$352,600
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 24, 2025
Closed on
Nov 3, 2025
Sold by
Bought by
Seller's Agent
Oskar Jonsson
Barrett Real Estate
Buyer's Agent
Lethe Lew
Desert River Realty
List Price
$599,000
Sold Price
$542,500
Premium/Discount to List
-$56,500
-9.43%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,600
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 21, 2011
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 2007
Sold by
Bought by
Purchase Details
Closed on
Apr 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,277
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 11, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 1996
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,491
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation/Courtesy Recordi | ||
| $542,500 | Pinnacle Title Services | ||
| $87,500 | North American Title Company | ||
| $210,525 | Accommodation | ||
| -- | None Available | ||
| $260,000 | -- | ||
| -- | -- | ||
| $202,500 | Fidelity National Title Agen | ||
| $152,000 | First American Title Ins Co | ||
| $130,000 | Security Title Agency | ||
| -- | Security Title Agency | ||
| $82,491 | United Title Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $352,600 | ||
| Previous Owner | $208,000 | ||
| Previous Owner | $162,000 | ||
| Previous Owner | $23,277 | ||
| Previous Owner | $117,000 | ||
| Previous Owner | $82,491 | ||
| Closed | $26,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | Sold | $542,500 | -9.4% | $766 / Sq Ft |
| 10/28/2025 10/28/25 | Price Changed | $599,000 | 0.0% | $846 / Sq Ft |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 09/24/2025 09/24/25 | For Sale | $599,000 | -- | $846 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,546 | $20,660 | -- | -- |
| 2024 | $1,459 | $21,053 | -- | -- |
| 2023 | $1,522 | $14,718 | $0 | $0 |
| 2022 | $1,459 | $19,182 | $2,944 | $16,238 |
| 2021 | $1,486 | $17,850 | $0 | $0 |
| 2020 | $1,448 | $14,547 | $0 | $0 |
| 2019 | $1,389 | $14,631 | $0 | $0 |
| 2018 | $1,361 | $9,517 | $0 | $0 |
| 2017 | $1,325 | $9,624 | $0 | $0 |
| 2016 | $1,292 | $9,641 | $1,100 | $8,541 |
| 2014 | $1,224 | $7,157 | $1,100 | $6,057 |
Source: Public Records
Agents Affiliated with this Home
-
Oskar Jonsson
-
Lethe Lew
Buyer's Agent in 2025
Lethe Lew
Desert River Realty
(602) 226-1238
3 in this area
28 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6924305
APN: 102-27-255
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
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