$699,000
SOLD AUG 14, 2025

1510 E 26th Ln Apache Junction, AZ 85119

-- Bed
-- Bath
4,640 Sq Ft
1983 Built

Recently Sold

$151 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of August 2025

Super Nice Townhouse Style Fourplex, 2 Bedrooms, 1 1/2 Baths Units. Individual Backyards Fenced. Covered Parking
Good Cash Flow and Still Room to Increase Rents. Individually Metered for Both Water and Electric. A Great Location Just a Bit Off the Superstition Freeway and Close to Lakes and Recreation. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Property is Owner/Operated. Currently 2 of the rents are at 1500 and the other 2 at 1400

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 07/01/2025

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Sheresa Pompay-Tranor

DeLex Realty License #SA628807000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Apache Junction High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, landscaping
  • Tax Lot 1699
  • Assessor Parcel Number 102-27-198-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9807 sq ft
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $7,350
  • Gross Income $67,512
  • Net Operating Income $45,493

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Southern & Tomahawk
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: mutli
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: North to 26th Lane, West to Property
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • 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:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 930.28

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 9807 sq ft
  • Additional Parcels: No
  • Parcel #: 102-27-198-A

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 67512.0
  • Insurance Expense: 1422.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 45493.0
  • Annual Operating Expense: 7350.28
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1998.0
  • Tax Book Number: 102.00
  • Tax Lot: 1699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 13, 2025
Sold by
Kim K Kelley-Devaney Trust and Kelley-Devaney Kim K
Bought by
Trainor Steve
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Sheresa Pompay-Tranor
DeLex Realty
List Price
$750,000
Sold Price
$699,000
Premium/Discount to List
-$51,000
-6.8%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$559,200
Outstanding Balance
$558,711
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$148,156

Purchase Details

Closed on
Aug 4, 1999
Sold by
Worthen Evelyn
Bought by
Kelley Devaney Kim K

Purchase Details

Closed on
Jul 22, 1999
Sold by
Simms James S
Bought by
Kelley Devaney Kim K

Purchase Details

Closed on
Jul 29, 1998
Sold by
Mccarthy Daniel
Bought by
Goldman Sylvia

Purchase Details

Closed on
Oct 8, 1996
Sold by
Goldman Sol and Goldman Sylvia
Bought by
Simms James S
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $699,000 Magnus Title Agency
Warranty Deed $23,000 Ati Title Agency
Warranty Deed $22,000 Ati Title Agency
Cash Sale Deed $35,000 --
Cash Sale Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $559,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 Sold $699,000 0.0% $151 / Sq Ft
07/09/2025 07/09/25 Price Changed $699,000 -6.8% $151 / Sq Ft
07/01/2025 07/01/25 For Sale $750,000 -- $162 / 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 $1,998 $24,531 -- --
2024 $1,886 $24,896 -- --
2023 $1,967 $18,369 $0 $0
2022 $1,886 $27,404 $2,942 $24,462
2021 $1,921 $25,797 $0 $0
2020 $1,872 $20,472 $0 $0
2019 $1,796 $19,500 $0 $0
2018 $1,759 $12,648 $0 $0
2017 $1,712 $12,720 $0 $0
2016 $1,670 $12,695 $1,100 $11,595
2014 -- $9,253 $1,100 $8,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6887344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-198A