$440,370
SOLD SEP 9, 2024

1548 E 26th Ln Apache Junction, AZ 85119

-- Bed
-- Bath
2,400 Sq Ft
9,801 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of September 2024

INVESTORS ONLY. This triplex presents an excellent investment opportunity for investors. The property is fully rented with long-term tenants under formal leases. Each single-level unit features two bedrooms, one bathroom and its own fenced yard. Located in a desirable rental area, it offers convenient access to mass transit, shopping and freeways. Tenants are responsible for their electricity and water bills, while the owner covers the trash service. Prospective buyers are advised to verify all information independently. Please do not disturb the tenants; drive-by viewings only. Access for inspections and appraisals will be provided once the property is under contract. This is a great investment opportunity with stable, long-term tenants ensuring consistent rental income. Septic pumped on 07-25-24.

Last Agent to Sell the Property

Jennifer Bell

Lux Home Realty Brokerage Email: jbell@luxhomerealtyaz.com License #BR552530000

Last Buyer's Agent

Andrea Francis

West USA Realty License #BR654187000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1984

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Septic Tank

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for trash collection, sewer
  • Tax Lot 1698
  • Assessor Parcel Number 102-27-197

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 9806
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $5,645
  • Gross Income $28,920
  • Net Operating Income $22,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Tomahawk Rd. & 26th Ln.
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: TRIPLEX
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2023
  • Directions: From the US 60, North on Tomahawk Rd., West on 26th Ln. Triplex will be on the North side of the road.
  • Attribution Contact: jbell@luxhomerealtyaz.com
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 389.0

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 9806
  • Additional Parcels: No
  • Parcel #: 102-27-197

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 28920.0
  • Insurance Expense: 2152.0
  • Maintenance Expense: 1708.0
  • Property Net Operating Income: 22975.0
  • Annual Operating Expense: 5645.0

Tax Info

  • Tax Annual Amount: 1396.0
  • Tax Book Number: 102.00
  • Tax Lot: 1698

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $440,370 -2.1% $183 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/28/2024 07/28/24 For Sale $450,000 +115.3% $188 / Sq Ft
10/30/2018 10/30/18 Sold $209,000 -5.0% $87 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $220,000 -- $92 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,418 $30,119 -- --
2024 $1,363 $30,307 -- --
2023 $1,396 $20,662 $2,942 $17,720
2022 $1,338 $12,233 $2,942 $9,291
2021 $1,363 $11,967 $0 $0
2020 $1,328 $10,059 $0 $0
2019 $1,274 $9,666 $0 $0
2018 $1,248 $7,980 $0 $0
2017 $1,226 $8,014 $0 $0
2016 $1,196 $8,382 $1,100 $7,282
2014 $1,133 $6,626 $1,100 $5,526
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,277 New Conventional
Previous Owner $330,277 New Conventional
Previous Owner $234,600 New Conventional
Previous Owner $156,750 New Conventional
Previous Owner $165,000 Unknown
Previous Owner $125,460 Stand Alone First
Previous Owner $125,460 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $440,370 First American Title Insurance
Warranty Deed $209,000 Title Alliance Of Phoenix Ag
Warranty Deed $139,600 Capital Title Agency Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6736784

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-197

Arizona Pinal County Apache Junction 85119

1548 E 26th Ln, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 1548 E 26th Ln, Apache Junction, AZ 85119 and is currently priced at $440,370, approximately $183 per square foot. This property was built in 1984. 1548 E 26th Ln 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