NOT LISTED FOR SALE

451 E 10th Ave Apache Junction, AZ 85119

Estimated Value: $714,000 - $745,000

Studio
-- Bath
1,632 Sq Ft
$449/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2023

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

Est. 8% increase in value since last sale

Current estimated payment $4,084 / mo

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 Agent to Sell the Property

Steven Coons

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

Last Buyer's Agent

Jessica Keigley

Keller Williams Integrity First Realty License #SA680668000

Keller Williams Integrity First Realty

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

7,492 Sq Ft Lot

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
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Asphalt, Dedicated Street
  • Subdivision Name: PALM SPRINGS UNIT FIVE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: 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
  • Parking Features Free2: Yes

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Dec 13, 2023
Sold by
Bought by
Seller's Agent
Steven Coons
Farnsworth Realty & Management
Buyer's Agent
Jessica Keigley
Keller Williams Integrity First Realty
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Views
25
Current Estimated Value
$732,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,855
Avg. Annual Appreciation
2.96%
Original Mortgage
$544,000
Outstanding Balance
$532,346
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$200,509

Purchase Details

Listed on
Aug 7, 2023
Closed on
Dec 7, 2023
Sold by
Bought by
Seller's Agent
Steven Coons
Farnsworth Realty & Management
Buyer's Agent
Jessica Keigley
Keller Williams Integrity First Realty
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$532,346
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$200,509

Purchase Details

Closed on
Dec 30, 2022
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2022
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Oct 19, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Security Title Agency
$680,000 Security Title Agency
$415,000 Fidelity National Title
$300,000 Clear Title
$80,000 First American Title Ins Co
$209,900 Security Title Agency
$187,000 Capital Title Agency Inc
$135,000 --
$22,000 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $544,000
Previous Owner $285,000
Previous Owner $146,930
Previous Owner $184,110
Closed $52,475
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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