$774,950

561 S Meridian Rd Apache Junction, AZ 85120

Estimated payment $4,510/month

Total Views 236
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Central Heating

About This Home

This four plex is a nicely completed remodeled in 2019 and brought up to date. It has been fully rented since the rehab. This is a great cashflow opportunity with room to raise rents. Current rents are between $1200 and $1395 monthly. There are three 2 bed 1 bath apartments ($1200) and one 3 bed 2 bath apartment $1395). This is a single level property. Units are individually metered for electric in which the tenant pays. These units have been professionally managed and have leases in place.***DO NOT DISTURB TENANTS, DRIVE BY ONLY PLEASE*** Some of the information provided by the owners was estimated, please do your own research.

Listing Agent

Blaine Jarvis

Bullseye Property Management, LLC License #SA027837000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 2007

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Four Peaks Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling Available
  • Central Heating
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 101-08-008

Community Details

Overview

  • 4 Units
  • Building Dimensions are 108.92 x 108.92
  • Smythe's County Line Subdivision

Building Details

  • Operating Expense $2,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,220

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Broadway and Meridian
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2024
  • Directions: At intersection of Broadway and Meridian, North on Meridian to the Unit, about 7 lots down, on the East side of the road.
  • Road Surface Type: Asphalt
  • Subdivision Name: SMYTHE'S COUNTY LINE SUBDIVISION
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • 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

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Individual
  • Heating: Individual, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, Private
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Four Peaks 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: 108.92 x 108.92
  • Additional Parcels: No
  • Parcel #: 101-08-008

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 2220.0

Tax Info

  • Tax Annual Amount: 2220.0
  • Tax Block: 2
  • Tax Book Number: 101.00
  • Tax Lot: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,220 $33,011 -- --
2024 $2,095 $32,560 -- --
2023 $2,185 $24,357 $2,950 $21,407
2022 $2,095 $20,708 $2,950 $17,758
2021 $2,134 $20,048 $0 $0
2020 $2,079 $8,764 $0 $0
2019 $993 $8,522 $0 $0
2018 $972 $6,216 $0 $0
2017 $980 $6,130 $0 $0
2016 $976 $6,212 $1,097 $5,115
2014 $860 $5,404 $1,257 $4,147
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $774,950 +43.5% --
10/19/2022 10/19/22 Sold $540,000 +8.0% $271 / Sq Ft
10/06/2022 10/06/22 Price Changed $499,900 -7.4% $251 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/27/2022 08/27/22 Off Market $540,000 -- --
08/24/2022 08/24/22 For Sale $499,900 -- $251 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $540,000 Great American Title
Warranty Deed $260,000 None Available
Interfamily Deed Transfer -- Great American Title Agency
Warranty Deed $260,000 Great American Title Agency
Quit Claim Deed -- None Available
Warranty Deed $91,500 American Title Service Agenc
Interfamily Deed Transfer -- --
Cash Sale Deed $149,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $50,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6853973

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-08-008

Arizona Pinal County Apache Junction 85120

561 S Meridian Rd, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 561 S Meridian Rd, Apache Junction, AZ 85120 and is currently priced at $774,950. This property was built in 2007. 561 S Meridian Rd is a home located in Pinal County with nearby schools including Four Peaks 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

Blaine Jarvis
Listing Agent
Blaine Jarvis
Section Image
Bullseye Property Management, LLC
(480) 433-6163