NOT LISTED FOR SALE

503 E 9th Ave Apache Junction, AZ 85119

Estimated Value: $433,000 - $700,834

-- Bed
2 Baths
840 Sq Ft
$723/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $500,000 $595 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,626/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available

About This Home

As of November 2020

Great opportunity to own this new four-plex property. Spacious units with lots of natural light, 2 bedroom, 1 bathroom, open common areas and beautiful kitchen with plenty of cabinet space. Each unit is 850 sq. ft. The total bldg is 3360 sq. ft. Exit location near, shopping, dining and US 60 freeway with easy access to everything.

Last Listed By

James Aston

DeLex Realty License #SA089038000 Listed on: 10/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $257

Year Built

  • Built in 2020

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 56
  • Assessor Parcel Number 102-23-056

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0.17
  • Palm Springs #5 Subdivision

Building Details

  • Operating Expense $257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$257

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Cross Street: Old West Highway and Idaho
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 2020
  • Tax Year: 2020
  • Directions: Head southeast on east old west highway, right on winchester, left on 9th ave, property is on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: Palm Springs #5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Perc Test
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Lot Info

  • Lot Size: 0.17
  • Additional Parcels: No
  • Parcel #: 102-23-056

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 257.0

Tax Info

  • Tax Annual Amount: 257.0
  • Tax Book Number: 102.00
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 12, 2020
Sold by
Law Michael
Bought by
Equity Trust Company
Seller's Agent
James Aston
DeLex Realty
Buyer's Agent
Laurie Parent
AH Properties
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%
Total Days on Market
2
Current Estimated Value
$606,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,959
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Dec 18, 2018
Sold by
Law Penny and Law Michael
Bought by
Law Michael

Purchase Details

Closed on
Jun 8, 2018
Sold by
Catanese Patrick
Bought by
Vesper Properties Llc

Range of Values:

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Average Value
Not Available
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
Equity Trust Company $1,500,000 Old Republic Title Agency
Law Michael -- Pioneer Title Agency Inc
Law Michael $102,250 Pioneer Title Agency Inc
Vesper Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equity Trust Company $364,000
Previous Owner Law Michael $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $500,000 -3.8% $595 / Sq Ft
10/06/2020 10/06/20 For Sale $519,900 0.0% $619 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $519,900 -- $619 / 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 $3,127 $39,901 -- --
2024 $2,952 $40,283 -- --
2023 $3,079 $30,096 $0 $0
2022 $2,952 $29,272 $3,749 $25,523
2021 $3,007 $5,998 $0 $0
2020 $275 $3,599 $0 $0
2019 $264 $3,599 $0 $0
2018 $258 $1,760 $0 $0
2017 $264 $1,760 $0 $0
2016 $270 $1,760 $1,760 $0
2014 -- $1,760 $1,760 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Aston

    DeLex Realty

  • Laurie Parent

    Buyer's Agent in 2020

    Laurie Parent

    AH Properties

    (602) 863-1500

    3 in this area

    39 Total Sales

    Laurie Parent
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6142323

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-23-056

Arizona Pinal County Apache Junction 85119

503 E 9th Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 503 E 9th Ave, Apache Junction, AZ 85119 since 06 October 2020 and is currently estimated at $606,959, approximately $722 per square foot. This property was built in 2020. 503 E 9th 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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