$209,000
SOLD OCT 30, 2018

1548 E 26th Ln Apache Junction, AZ 85119

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

Recently Sold

$87 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System

About This Home

As of September 2024

Fully rented triplex. All units are 2 bedroom 1 bath, single level and have fenced yards. Strong rental area with good access to mass transit, shopping and the freeway. Tenant pays water and elec and the owner pays trash. Buyer to verify all info. Drive by only. Pls do not disturb the tenants. Unit #2 has a new a/c unit.

Last Agent to Sell the Property

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 08/17/2018

Last Buyer's Agent

Jennifer Bell

Lux Home Realty License #BR552530000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9818
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $6,326
  • Gross Income $21,825
  • Net Operating Income $15,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Tomahawk and US 60
  • Property Type: Multiple Dwellings
  • Zoning: Triplex
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: North to 26th Ln, west to property.
  • Road Surface Type: Asphalt, Alley
  • Professional Management Expense: 2100.0
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Built-Up, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: 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

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1000.0

Lot Info

  • Lot Size: 9818
  • Additional Parcels: No
  • Parcel #: 102-27-197

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Water
  • Number Of Units Total: 3
  • Annual Gross Income: 21825.0
  • Insurance Expense: 500.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 15500.0
  • Annual Operating Expense: 6326.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1226.0
  • Tax Book Number: 102.00
  • Tax Lot: 1698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Oct 3, 2024
Sold by
Wilcox Isabelle and Souza Robson
Bought by
Ris Properties Llc
Seller's Agent
Jennifer Bell
Lux Home Realty
Buyer's Agent
Andrea Francis
West USA Realty
List Price
$450,000
Sold Price
$440,370
Premium/Discount to List
-$9,630
-2.14%
Current Estimated Value
$449,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,451
Avg. Annual Appreciation
2.71%
Original Mortgage
$330,277
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2024
Closed on
Aug 2, 2024
Sold by
Tang Zhizhong and Zhang Sushu
Bought by
Wilcox Isabelle and Souza Robson
Seller's Agent
Jennifer Bell
Lux Home Realty
Buyer's Agent
Andrea Francis
West USA Realty
List Price
$450,000
Sold Price
$440,370
Premium/Discount to List
-$9,630
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,277
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 24, 2018
Sold by
Lininger Jared
Bought by
Tang Zhizhong and Zhang Sushu
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Jennifer Bell
Lux Home Realty
List Price
$220,000
Sold Price
$209,000
Premium/Discount to List
-$11,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$156,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Nichols Verna
Bought by
Lininger Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,460
Interest Rate
6.99%
Mortgage Type
Stand Alone First
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 -- 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

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

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 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 $1,418 $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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Bell

    Lux Home Realty

  • A

    Buyer's Agent in 2024

    Andrea Francis

    West USA Realty

  • F

    Seller's Agent in 2018

    Frank Bennett Jr

    Frank Bennett Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5808282

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-197

Arizona Pinal County Apache Junction 85119

1548 E 26th Ln, Apache Junction, AZ

This home is located at 1548 E 26th Ln, Apache Junction, AZ 85119 and is currently priced at $209,000, approximately $87 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

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