NOT LISTED FOR SALE

5515 N Arizona Rd Apache Junction, AZ 85119

Estimated Value: $503,000 - $551,000

2 Beds
2 Baths
1,152 Sq Ft
$457/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $475,000 $412 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,103/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.77 Acre Lot
  • Santa Fe Architecture
  • Solar Power System
  • Mountain View
  • 1 Fireplace

About This Home

As of September 2023

Great Starter Home or Second Home located on a beautiful 1.77-acre lot. 2 Bedroom, 2 Bath, Huge detached Garage/Shop to fit all your toys. Plenty of Space to add a Casita. Mountain Views are Amazing! No HOA! Solar Panels are owned with a Loan Assumption.

Last Listed By

Tricia Bonlender

West USA Realty License #SA655383000 Listed on: 07/25/2023

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 1986

Lot Details

  • 1.77 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Desert View Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Solar Power System
  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • S4 T1n R8e Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 100-03-015-E

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,779

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Tonto and N Arizona Rd
  • Legal Info Range: 08E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2022
  • Directions: Idaho to McKellips, Turn Left on Wolverine, Right on Tonto. Left on Arizona Rd. Home is on the Right.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.77
  • Subdivision Name: S4 T1N R8E
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1152.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Detached
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Desert View 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

  • Land Lease: No
  • Lot Size Sq Ft: 77101.0
  • Parcel #: 100-03-015-E
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1779.0
  • Tax Book Number: 100.00
  • Tax Lot: 16
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Sep 19, 2023
Sold by
Mcginnis Family Living Trust
Bought by
Fow Paul Dennis and Fow Karla
Seller's Agent
Tricia Bonlender
West USA Realty
Buyer's Agent
Will Carter
Real Broker
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Total Days on Market
2
Views
117
Current Estimated Value
$526,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,216
Avg. Annual Appreciation
6.28%
Original Mortgage
$348,705
Interest Rate
6.9%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2021
Sold by
Mcginnis Karon S and The Mcginnis Family Living Tru
Bought by
Mcginnis Karon S and Mcginnis Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 17, 2019
Sold by
Mcginnis Karon S
Bought by
Mcginnis Karon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.79%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 11, 2019
Sold by
Mcginnis Michael H and Mcginnis Karon S
Bought by
Mcginnis Michael H and Mcginnis Karon S

Purchase Details

Closed on
Mar 10, 2005
Sold by
Mcginnis Michael H and Mcginnis Karon S
Bought by
Baskerville Charles C and Baskerville Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.61%
Mortgage Type
New Conventional

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
Fow Paul Dennis $475,000 Allied Title
Mcginnis Karon S -- Fnc Title Services Llc
Mcginnis Karon S -- First American Title Ins Co
Mcginnis Michael H -- None Available
Baskerville Charles C $95,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fow Paul Dennis $361,347
Closed Fow Paul Dennis $348,705
Previous Owner Mcginnis Karon S $750,000
Previous Owner Mcginnis Karon S $405,000
Previous Owner Baskerville Charles C $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $475,000 -4.0% $412 / Sq Ft
09/03/2023 09/03/23 Price Changed $495,000 0.0% $430 / Sq Ft
09/03/2023 09/03/23 For Sale $495,000 0.0% $430 / Sq Ft
07/25/2023 07/25/23 For Sale $495,000 -- $430 / 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 $1,893 $34,626 -- --
2024 $1,779 $34,322 -- --
2023 $1,862 $31,648 $0 $0
2022 $1,779 $20,938 $7,981 $12,957
2021 $1,835 $19,440 $0 $0
2020 $1,790 $18,681 $0 $0
2019 $1,712 $18,303 $0 $0
2018 $1,675 $17,091 $0 $0
2017 $1,633 $15,697 $0 $0
2016 $1,583 $13,501 $5,625 $7,875
2014 $1,520 $9,962 $4,298 $5,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6584400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 100-03-015E