NOT LISTED FOR SALE

448 E Friar Ave Apache Junction, AZ 85119

Estimated Value: $404,051

-- Bed
-- Bath
1,830 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $227,500 $124 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,363/month

21 Days on Market

Highlights

  • 4 Car Attached Garage
  • Stone Flooring
  • Central Heating and Cooling System

About This Home

As of January 2020

DUPLEX Priced to Sell!! Must See to appreciate!
Great rental income property! Won't Last!

Last Listed By

Paul Jannusch

Just Selling AZ Brokerage Phone: 480-983-3606 License #SA676341000 Listed on: 11/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1979

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Foam Roof
  • Siding

Flooring

  • Carpet
  • Stone
  • Concrete
  • Vinyl

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 23
  • Assessor Parcel Number 102-03-331

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRRG
  • Palm Springs Unit Seven Subdivision

Building Details

  • Operating Expense $1,321
  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,321

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Friar & Winchester
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2019
  • Directions: 16th Ave East Winchester North Friar East East to Duplex
  • Attribution Contact: 480-983-3606
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT SEVEN
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Stone, Concrete
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Siding, See Remarks, Painted, Brick
  • Roof: Foam
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: SRP, None
  • Cooling: Heat Pump, Central A/C
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Private Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

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: IRRG
  • Additional Parcels: No
  • Parcel #: 102-03-331

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 16500.0
  • Annual Operating Expense: 1321.0

Tax Info

  • Tax Annual Amount: 1321.0
  • Tax Book Number: 102.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 31, 2019
Sold by
Montford Dee Ann
Bought by
Plotz Timi R and Mcghee Bobbie
Seller's Agent
Paul Jannusch
Just Selling AZ
Buyer's Agent
Paul Jannusch
Just Selling AZ
List Price
$247,500
Sold Price
$227,500
Premium/Discount to List
-$20,000
-8.08%
Total Days on Market
21
Current Estimated Value
$404,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,551
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Allessi June C
Bought by
Rivers C W and Rivers Frances

Purchase Details

Closed on
Nov 19, 1998
Sold by
Maida Deloris J
Bought by
Allessi June C

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
Plotz Timi R $227,500 Security Title Agency Inc
Rivers C W $128,000 Fidelity National Title Agen
Allessi June C $50,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $227,500 -8.1% $124 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $247,500 -- $135 / 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 $1,471 $23,626 -- --
2024 $1,388 $23,614 -- --
2023 $1,448 $15,033 $4,575 $10,458
2022 $1,388 $12,250 $4,575 $7,675
2021 $1,414 $12,173 $0 $0
2020 $1,377 $12,440 $0 $0
2019 $1,321 $12,454 $0 $0
2018 $1,295 $8,276 $0 $0
2017 $1,334 $8,344 $0 $0
2016 $1,364 $8,329 $1,100 $7,229
2014 $1,314 $7,684 $1,100 $6,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6003696

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-03-331