NOT LISTED FOR SALE

465 E 10th Ave Apache Junction, AZ 85119

Estimated Value: $301,021

-- Bed
-- Bath
-- Sq Ft
7,492 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $306,900

Est. 2% decrease in value since last sale

Current estimated payment $1,619/month

34 Days on Market

Highlights

  • Multiple cooling system units
  • Concrete Flooring
  • Multiple Heating Units

About This Home

As of May 2024

Looking for a turn key triplex with renters in place? Than look no further and explore the investment potential of this triplex in the heart of Apache Junction, featuring two one-bedroom units and one studio. You can elevate the appeal of each unit, attracting higher-paying tenants and increasing overall rental income. Positioned for growth in a steadily expanding community, this triplex offers value-add opportunities.

Last Agent to Sell the Property

Beau Browder

Phoenix Property Group License #SA679095000 Listed on: 02/23/2024

Last Buyer's Agent

Rob Russman

Redfin Corporation License #SA651540000

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1985

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 91
  • Assessor Parcel Number 102-23-091

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Palm Springs Unit Five Subdivision

Building Details

  • Operating Expense $351
  • Gross Income $24,600
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$351

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Tenth Ave and Winchester Rd
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: RES/CB
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Directions: Take 60 East, Exit Idaho Rd turn left, turn e on 18th Ave, turn left on Winchester Rd, Turn right on tenth Ave, destination on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT FIVE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, 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: 2 or More Units, Individual, Electric
  • Heating: Individual, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 102-23-091

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Property Net Operating Income: 20000.0
  • Annual Operating Expense: 351.0

Tax Info

  • Tax Annual Amount: 351.0
  • Tax Book Number: 102.00
  • Tax Lot: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 9, 2024
Sold by
Second Nature Property Group Llc
Bought by
Pagsolingan Kevin and Saberon Cleo
Seller's Agent
Beau Browder
Phoenix Property Group
Buyer's Agent
Rob Russman
Redfin Corporation
List Price
$409,900
Sold Price
$306,900
Premium/Discount to List
-$103,000
-25.13%
Views
34
Current Estimated Value
$301,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,879
Avg. Annual Appreciation
2.19%
Original Mortgage
$230,175
Outstanding Balance
$227,950
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$88,280

Purchase Details

Closed on
May 4, 2020
Sold by
John B Swanson B and John Dawn M
Bought by
Second Nature Property Group Llc

Purchase Details

Closed on
Apr 8, 2020
Sold by
Swanson John B and Swanson Van Pelt
Bought by
Second Natuire Property Group Llc

Purchase Details

Closed on
Feb 9, 2004
Sold by
Whitcraft Charles R and Whitcraft Jean N
Bought by
Mercedes Investment Co

Purchase Details

Closed on
Mar 9, 2001
Sold by
Gould Betty J
Bought by
Whitcraft Charles R and Whitcraft Jean N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
7.12%
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
Pagsolingan Kevin $310,000 Capital Title
Second Nature Property Group Llc $225,000 First American Title
Second Natuire Property Group Llc $225,000 First American Title Ins Co
Mercedes Investment Co $98,400 Ticor Title Agency Of Az Inc
Whitcraft Charles R $79,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagsolingan Kevin $230,175
Previous Owner Whitcraft Charles R $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $306,900 -23.1% --
05/03/2024 05/03/24 Price Changed $399,000 0.0% --
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $399,000 -2.7% --
03/30/2024 03/30/24 For Sale $409,900 0.0% --
03/18/2024 03/18/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $409,900 -3.6% --
02/29/2024 02/29/24 For Sale $425,000 -- --
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 $357 $10,178 -- --
2024 $337 $10,195 -- --
2023 $351 $5,473 $3,746 $1,727
2022 $337 $5,004 $3,746 $1,258
2021 $343 $4,904 $0 $0
2020 $334 $3,286 $0 $0
2019 $321 $3,248 $0 $0
2018 $314 $2,008 $0 $0
2017 $310 $1,939 $0 $0
2016 $312 $1,906 $1,100 $806
2014 -- $2,107 $1,500 $607
Source: Public Records

Agents Affiliated with this Home

  • Beau Browder

    Seller's Agent in 2024

    Beau Browder

    Phoenix Property Group

    (602) 374-2302

    1 in this area

    89 Total Sales

    Beau Browder
    Section Image

  • R

    Buyer's Agent in 2024

    Rob Russman

    Redfin Corporation

    Rob Russman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6669997

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-23-091

Arizona Pinal County Apache Junction 85119

465 E 10th Ave, Apache Junction, AZ

This home is located at 465 E 10th Ave, Apache Junction, AZ 85119 since 23 February 2024 and is currently priced at $301,021. This property was built in 1985. 465 E 10th Ave is a home located in Pinal County with nearby schools including Peralta Trail Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

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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