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Sold for $840,000
  • $840,000

    282 N PALO VERDE Drive, Apache Junction, AZ 85120

    5beds
    5baths
    2,500sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $336/sqft
    $3,338 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,338/mo

    Zestimate® history
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    What's special

    Lots of parkingNew mini splitsNew interior paintLarge fenced backyardsNew fansFully remodeledRemodeled bathrooms
    **Seller Financing available** Beautifully maintained 5-plex property located in Apache Junction on a 1/2 acre lot. 2 out of the 5 units are fully remodeled, Remodeled units are B and C. They have new mini splits, New Interior paint, New fans, remodeled bathrooms, with new tubs and plumbing. Lot has lots of parking and room for growth. Unit A is a 1/1 house. Unit B and Unit C are a duplex both remodeled, Unit B has a garage and unit C has a carport space. Both have private fenced back yard. Duplex D and E are located in the front of the property both have carport space parking and large fenced backyards. Don't let this incredible opportunity slip by! Each unit has their own electric meter. Owner pays the water and trash. Photos taken in Feb 2023, all units occupied.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruby Threlkel 623-326-0029,

    DeLex Realty

    Bought with:

    Ruby Threlkel, SA676228000

    DeLex Realty

    Source: ARMLS,MLS#: 6524198MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • See Remarks, Window/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
    Cooling
    • Ceiling Fan(s), Evaporative Cooling, Wall/Window Unit(s)
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: RV Access/Parking, Free, Add'l Parking Avail, Attached, <1 Space Per Unit, On Street, Carport
    • Has carport: Yes
    • Covered spaces: 4
    • Uncovered spaces: 5
    Lot
    • Size: 0.62 Acres
    • Dimensions: 27,019
    Details
    • Parcel number: 10102005
    • Zoning: Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco, Block
    • Roof: Other,Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: SRP
    • Sewer: Septic Tank
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Security: Security Lights
    • Subdivision: AMD PLAT OF NEWTOWN
    Location
    • Region: Apache Junction

    Financial & listing details

    • Price per square foot: $336/sqft
    • Tax assessed value: $338,544
    • Annual tax amount: $1,624
    • Date on market: 10/9/2025
    • Cumulative days on market: 265 days
    • Listing terms: Owner May Carry,Conventional,1031 Exchange
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/22/2025Listing removed$850,000+1.2%$340/sqft
    Source: ARMLS #6476469 Report a problem
    12/13/2023Listing removed--
    Source: ARMLS #6352470 Report a problem
    8/9/2023Sold$840,000-4%$336/sqft
    Source: ARMLS #6524198 Report a problem
    6/1/2023Price change$875,000-2.8%$350/sqft
    Source: ARMLS #6524198 Report a problem
    5/24/2023Price change$900,000-5.3%$360/sqft
    Source: ARMLS #6524198 Report a problem
    5/16/2023Price change$950,000-2.6%$380/sqft
    Source: ARMLS #6524198 Report a problem
    4/3/2023Price change$975,000-2.5%$390/sqft
    Source: ARMLS #6524198 Report a problem
    3/23/2023Price change$999,9990%$400/sqft
    Source: ARMLS #6524198 Report a problem
    2/24/2023Listed for sale$1,000,000+17.6%$400/sqft
    Source: ARMLS #6524198 Report a problem
    1/18/2023Listing removed$850,000$340/sqft
    Source: ARMLS #6476469 Report a problem
    11/8/2022Price change$850,000-5.6%$340/sqft
    Source: ARMLS #6476469 Report a problem
    10/26/2022Price change$900,000-10%$360/sqft
    Source: ARMLS #6476469 Report a problem
    10/13/2022Listed for sale$999,999+33.3%$400/sqft
    Source: ARMLS #6476469 Report a problem
    3/9/2022Listing removed$750,000$300/sqft
    Source: ARMLS #6352470 Report a problem
    2/7/2022Listed for sale$750,000+158.6%$300/sqft
    Source: ARMLS #6352470 Report a problem
    12/21/2020Sold$290,000+262.5%$116/sqft
    Source: Public Record Report a problem
    9/16/1998Sold$80,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,729 +2.4%$33,853 +1.3%
    2025$1,689 +1.6%$33,429 +1.6%
    2024$1,663 +4.3%$32,894 +62.8%
    2023$1,594 -1.8%$20,210 -20.3%
    2022$1,624 +2.6%$25,344 -4%
    2021$1,582 +4.2%$26,404 +20.2%
    2020$1,518 +2.1%$21,961 +54%
    2019$1,487 +2.7%$14,259 +21.7%
    2018$1,448 +2.5%$11,712 +3.4%
    2017$1,412 +4.4%$11,323
    2016$1,353 +1.2%--
    2014$1,337 $7,821
    2013-- --
    2012-- --
    2011-- $9,778 -11.3%
    2010-- $11,027
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 85120

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Cactus Canyon Junior High
    • High: Apache Junction High School
    • District: Apache Junction Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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