NOT LISTED FOR SALE

451 E 10th Ave Apache Junction, AZ 85119

Estimated Value: $516,000 - $590,000

-- Bed
-- Bath
1,632 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $680,000 $417 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,229/month

98 Days on Market

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring

About This Home

As of December 2023

Incredible 4 plex! All 2 bed / 1 bath. 3 units renovated Jan-May of 2023. All 4 units with new A/C units in May 2023. New Roof on back duplex Sept 2023. Drive by only.

Last Listed By

Steven Coons

Farnsworth Realty & Management License #SA657697000 Listed on: 08/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1980

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 92
  • Assessor Parcel Number 102-23-092

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 50 x 150
  • Palm Springs Unit Five Subdivision

Building Details

  • Operating Expense $1,424
  • Gross Income $59,480
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,424

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: 10th Ave & Idaho Rd
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: General Rural Z
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2022
  • Directions: From Idaho Rd, Drive East on 10th Ave until arriving at the property on the South Side
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Asphalt, Dedicated Street
  • Subdivision Name: PALM SPRINGS UNIT FIVE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Siding, Painted
  • Roof: Composition, Rolled/Hot Mop

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail, 1 Space/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
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
  • Heating: Central, Heat Pump, 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: 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: 50 x 150
  • Additional Parcels: No
  • Parcel #: 102-23-092

Multi Family

  • Owner Pays: See Remarks, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 59480.4
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 1424.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1424.0
  • Tax Book Number: 102.00
  • Tax Lot: 92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Dec 7, 2023
Sold by
Aca Real Estate Group Llc
Bought by
Underwood Amelia Therese
Seller's Agent
Steven Coons
Farnsworth Realty & Management
Buyer's Agent
Jessica Keigley
Keller Williams Integrity First
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Total Days on Market
98
Views
25
Current Estimated Value
$559,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,333
Avg. Annual Appreciation
-12.82%
Original Mortgage
$544,000
Outstanding Balance
$537,600
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$22,067

Purchase Details

Closed on
Dec 30, 2022
Sold by
Hali-Kai Llc
Bought by
Aca Real Estate Group Llc

Purchase Details

Closed on
Sep 1, 2022
Sold by
Larry R Snow Charitable Remainder Trust
Bought by
Hali-Kai Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Deutsche Bank National Trust
Bought by
Overmyer Kim L

Purchase Details

Closed on
Apr 30, 2004
Sold by
Baker Jason M and Baker Heather L
Bought by
Garrett William and Garrett Jaylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,930
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
Sold by
Doty Mark
Bought by
Baker Jason M and Baker Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,110
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1999
Sold by
Boccasini Anthony and Boccasini Michael
Bought by
Doty Mark

Purchase Details

Closed on
Oct 19, 1994
Sold by
Stoll Don A M and Stoll Deborah
Bought by
Boccasini Anthony and Boccasini Michael

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
Underwood Amelia Therese $680,000 Security Title Agency
Aca Real Estate Group Llc $415,000 Fidelity National Title
Hali-Kai Llc $300,000 Clear Title
Overmyer Kim L $80,000 First American Title Ins Co
Garrett William $209,900 Security Title Agency
Baker Jason M $187,000 Capital Title Agency Inc
Doty Mark $135,000 --
Boccasini Anthony $22,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Underwood Amelia Therese $544,000
Previous Owner Hali-Kai Llc $285,000
Previous Owner Garrett Jaylene $220,500
Previous Owner Garrett William $146,930
Previous Owner Baker Jason M $184,110
Closed Garrett William $52,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $680,000 +0.1% $417 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $679,000 0.0% $416 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $679,000 -3.0% $416 / Sq Ft
10/03/2023 10/03/23 For Sale $700,000 0.0% $429 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $700,000 -3.4% $429 / Sq Ft
08/07/2023 08/07/23 For Sale $725,000 0.0% $444 / Sq Ft
06/20/2023 06/20/23 Rented $1,295 -4.1% --
04/11/2023 04/11/23 Price Changed $1,350 -3.2% $2 / Sq Ft
03/28/2023 03/28/23 For Rent $1,395 -- --
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 $1,508 $25,033 -- --
2024 $1,424 $24,608 -- --
2023 $1,485 $14,688 $0 $0
2022 $1,424 $12,697 $3,745 $8,952
2021 $1,450 $11,511 $0 $0
2020 $1,413 $10,013 $0 $0
2019 $1,355 $10,014 $0 $0
2018 $1,328 $8,866 $0 $0
2017 $1,293 $8,866 $0 $0
2016 $1,261 $8,866 $1,100 $7,766
2014 $1,194 $6,984 $1,100 $5,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6588913

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-23-092