NOT LISTED FOR SALE

1635 S Winchester Rd Apache Junction, AZ 85119

Estimated Value: $527,004

-- Bed
-- Bath
2,912 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $499,000 $171 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,910/month

35 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of January 2022

Back on market ready for new buyer! Great corner fourplex. Each unit has a private fenced yard and laundry hook up/storage room. Sheds are tenant's personal property and do not convey. All units are leased until spring 2022. Owner pays water/trash. Tenant pays electric/cable.

DRIVE BY ONLY. DO NOT DISTURB TENANTS. INSPECTIONS/SHOWINGS AFTER OFFER ACCEPTANCE.

Last Listed By

Lisa Freidhof

De Clair Advantage Real Estate License #BR113551000 Listed on: 10/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1982

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 1013
  • Assessor Parcel Number 102-26-014

Community Details

Overview

  • 4 Units
  • Building Dimensions are 91.90 x 109.38 x75.74 x 21.75 x 93.14
  • Palm Springs Unit Ten Subdivision

Building Details

  • Operating Expense $1,320
  • Gross Income $28,800
  • Net Operating Income $19,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Southern & Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2021
  • Directions: E on Southern to Winchester, N on Winchester to property.
  • Road Surface Type: Dirt, Asphalt
  • Subdivision Name: PALM SPRINGS UNIT TEN
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

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: 91.90 x 109.38 x75.74 x 21.75 x 93.14
  • Additional Parcels: No
  • Parcel #: 102-26-014

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Property Net Operating Income: 19128.0
  • Annual Operating Expense: 1320.0

Tax Info

  • Tax Annual Amount: 1320.0
  • Tax Book Number: 102.00
  • Tax Lot: 1013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 19, 2021
Sold by
Leonard And Laura Carroll Trust
Bought by
Huynh Hana
Seller's Agent
Lisa Freidhof
De Clair Advantage Real Estate
Buyer's Agent
Arnold Bedak
Real Broker
List Price
$519,000
Sold Price
$499,000
Premium/Discount to List
-$20,000
-3.85%
Total Days on Market
35
Current Estimated Value
$527,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,004
Avg. Annual Appreciation
2.31%
Original Mortgage
$374,250
Outstanding Balance
$349,849
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$188,655

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 20, 2021
Sold by
Carroll Leonard James and Carroll Laura
Bought by
Huynh Hana
Seller's Agent
Lisa Freidhof
De Clair Advantage Real Estate
Buyer's Agent
Arnold Bedak
Real Broker
List Price
$519,000
Sold Price
$499,000
Premium/Discount to List
-$20,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Outstanding Balance
$349,849
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$188,655

Purchase Details

Closed on
Jan 27, 1998
Sold by
Stovall Horace C and Stovall Renee E
Bought by
Carroll Leonard and Carroll Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1996
Sold by
Stovall Horace C and Stovall Renee E
Bought by
Stovall Horace C and Stovall Renee E

Purchase Details

Closed on
Feb 24, 1995
Sold by
Stovall Horace C and Stovall Renee E
Bought by
Stovall Horace C and Stovall Renee E

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
Huynh Hana $499,000 New Title Company Name
Huynh Hana $499,000 Empire Title Agency
Carroll Leonard $78,000 Old Republic Title Agency
Stovall Horace C -- --
Stovall Horace C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Hana $374,250
Previous Owner Huynh Hana $374,250
Previous Owner Carroll Leonard $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $499,000 0.0% $171 / Sq Ft
12/01/2021 12/01/21 Price Changed $499,000 -3.9% $171 / Sq Ft
10/29/2021 10/29/21 For Sale $519,000 -- $178 / 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 $1,373 $21,861 -- --
2024 $1,296 $21,868 -- --
2023 $1,351 $14,200 $4,944 $9,256
2022 $1,296 $20,138 $4,944 $15,194
2021 $1,320 $19,149 $0 $0
2020 $1,286 $13,861 $0 $0
2019 $1,234 $13,252 $0 $0
2018 $1,209 $8,254 $0 $0
2017 $1,176 $8,038 $0 $0
2016 $1,147 $8,034 $1,100 $6,934
2014 $1,087 $6,357 $1,100 $5,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6314510

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-26-014