$560,000
SOLD OCT 8, 2024

458 E Quail Ave Apache Junction, AZ 85119

-- Bed
-- Bath
2,880 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of October 2024

CASH COW INVESTMENT TRIPLEX! RENTS ARE AS FOLLOWS UNIT 1 $995 UNIT 2 $1099 AND UNIT 3 $1099. This is a beautiful Tri Plex in Apache Junction located off of Southern & Idaho. Units boast having Laundry hook-ups in the unit with dryer hook-up being electric. Interiors include two tone paint, carpet, ceiling fans, window coverings and more! It is located close to U.S. 60 Freeway, Fry's Food Stores, QT, Wal-Mart, Hospital, Canyon Lake, Saguaro Lake, Salt River, Mammoth Restaurant, Museums, Apache Junction Schools, Apache Junction High School, Cactus Canyon Middle School (formally Desert Shadows Middle School), Desert Vista Elementary School, AJ rodeo grounds, public parks, Prospector park and more! Call before its gone.

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000

Barrett Real Estate

Co-Listed By

Kathleen Smith

Barrett Real Estate License #BR016430000

Last Buyer's Agent

Joy Eppert

The Virtual Realty Group License #SA696389000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1999

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Desert Vista Elementary School
  • Cactus Canyon Junior High
  • Apollo High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 1151
  • Assessor Parcel Number 102-06-052

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8,928
  • Palm Springs Unit Eleven Subdivision

Building Details

  • Operating Expense $4,755
  • Gross Income $38,400
  • Net Operating Income $30,085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Winchester & Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2023
  • Directions: US 60 to Idaho. North on Idaho to Southern. East on Southern to Winchester. North on Winchester to Quail. East on Quail
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1440.0
  • Co List Office Mls Id: barr001
  • Co List Office Phone: 480-864-2100
  • Subdivision Name: PALM SPRINGS UNIT ELEVEN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

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
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Desert Vista Elementary School
  • High School: Apollo High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 8,928
  • Additional Parcels: No
  • Parcel #: 102-06-052

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 38400.0
  • Insurance Expense: 1100.0
  • Property Net Operating Income: 30085.0
  • Annual Operating Expense: 4755.0

Tax Info

  • Tax Annual Amount: 2215.0
  • Tax Book Number: 102.00
  • Tax Lot: 1151

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $560,000 -2.6% $194 / Sq Ft
10/02/2024 10/02/24 Price Changed $575,000 0.0% $200 / Sq Ft
08/30/2024 08/30/24 Price Changed $575,000 0.0% $200 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $575,000 -- $200 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,250 $47,728 -- --
2024 $2,123 $48,937 -- --
2023 $2,215 $35,386 $5,012 $30,374
2022 $2,123 $21,584 $5,012 $16,572
2021 $2,163 $21,525 $0 $0
2020 $2,107 $18,423 $0 $0
2019 $2,021 $18,027 $0 $0
2018 $1,980 $13,964 $0 $0
2017 $1,928 $13,884 $0 $0
2016 $1,881 $14,361 $1,100 $13,261
2014 $1,781 $10,416 $1,100 $9,316
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $215,000 New Conventional
Previous Owner $168,650 New Conventional
Previous Owner $173,250 New Conventional
Previous Owner $32,000 Credit Line Revolving
Previous Owner $188,000 Unknown
Previous Owner $119,000 New Conventional
Closed $35,250 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $560,000 Pioneer Title Agency
Warranty Deed $239,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Title Source
Quit Claim Deed -- Title Source
Special Warranty Deed -- Title Security Agency Of Pin
Warranty Deed $247,500 Magnus Title Agency
Interfamily Deed Transfer -- Magnus Title Agency
Warranty Deed $235,000 Capital Title Agency Inc
Warranty Deed $180,000 Transnation Title Ins Co
Cash Sale Deed $147,000 Ati Title Agency
Cash Sale Deed $12,000 Ati Title Company
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6731690

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-06-052