NOT LISTED FOR SALE

2557 S Yavapai Rd Apache Junction, AZ 85119

Estimated Value: $523,000 - $570,653

-- Bed
-- Bath
1,792 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $400,000 $223 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,771/month

27 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Heating Available
  • 6 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of May 2022

DUPLEX! Great investment opportunity in the East Valley! Large 2 bed/1bath units approx 992sf. One unit is owner occupied and has a carport. The second unit has a 1-car garage. The tenant is paying below market rent. Apartments have fenced backyards. Plenty of parking for additional vehicles including a boat/RV.

Last Agent to Sell the Property

Scott Bartlowe

Better Homes & Gardens Real Estate SJ Fowler License #BR573483000 Listed on: 02/27/2022

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Suzanne Dye

Better Homes & Gardens Real Estate SJ Fowler License #BR545631000

Last Buyer's Agent

Dale Eames

Professional Real Estate Negotiators License #BR563643000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1980

Lot Details

  • 9,670

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Free Parking
  • RV or Boat Parking

Schools

  • Desert Vista 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 electricity, trash collection, water
  • Tax Lot 1708
  • Assessor Parcel Number 102-27-207

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • Palm Springs Unit 15 Subdivision

Building Details

  • Operating Expense $999
  • Gross Income $8,400
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$999

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: [Tomahawk & US 60
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: CR-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Dedicated Street
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: PALM SPRINGS UNIT 15
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Community Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Free, RV/Access Parking, Attached, >1 Space Per Unit, Carport
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Garage: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Desert Vista 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: IRR
  • Additional Parcels: No
  • Parcel #: 102-27-207

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water
  • Number Of Units Total: 2
  • Annual Gross Income: 8400.0
  • Property Net Operating Income: 8400.0
  • Annual Operating Expense: 999.0

Tax Info

  • Tax Annual Amount: 999.0
  • Tax Book Number: 102.00
  • Tax Lot: 1708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Rc Chi Llc
Bought by
Smith Jeffrey R and Smith Christie
Current Estimated Value
$518,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Outstanding Balance
$168,777
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$388,386

Purchase Details

Closed on
Feb 1, 2006
Sold by
Sher Randi L
Bought by
Rcchi Llc

Purchase Details

Closed on
Nov 8, 2005
Sold by
Tischer Mark R and Tischer Audrey Gaye
Bought by
Sher Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,600
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1996
Sold by
Ford Evelyn M
Bought by
Tischer Mark R and Tischer Audrey Gaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.39%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Smith Jeffrey R $195,000 Clear Title
Rcchi Llc -- None Available
Sher Randi L $224,500 Transnation Title Ins Co
Tischer Mark R $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeffrey R $191,468
Previous Owner Sher Randi L $179,600
Previous Owner Tischer Mark R $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $400,000 0.0% $223 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $400,000 -90.0% $223 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $4,000,000 -- $2,232 / 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 $724 $19,799 -- --
2024 $1,105 $19,455 -- --
2023 $713 $11,260 $2,903 $8,357
2022 $1,105 $9,688 $2,903 $6,785
2021 $999 $9,441 $0 $0
2020 $974 $9,491 $0 $0
2019 $1,052 $9,127 $0 $0
2018 $1,031 $6,589 $0 $0
2017 $1,026 $6,420 $0 $0
2016 $1,010 $6,168 $1,100 $5,068
2014 $988 $5,778 $1,100 $4,678
Source: Public Records

Agents Affiliated with this Home

  • Scott Bartlowe

    Seller's Agent in 2022

    Scott Bartlowe

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    8 in this area

    37 Total Sales

    Scott Bartlowe
    Section Image
  • Suzanne Dye

    Seller Co-Listing Agent in 2022

    Suzanne Dye

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 688-4716

    7 in this area

    38 Total Sales

    Suzanne Dye
    Section Image
  • Dale Eames

    Buyer's Agent in 2022

    Dale Eames

    Professional Real Estate Negotiators

    (480) 330-3485

    4 in this area

    38 Total Sales

    Dale Eames
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6361386

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-27-207

Arizona Pinal County Apache Junction 85119

2557 S Yavapai Rd, Apache Junction, AZ

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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