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Apache Junction 85119
562 E HONDO Avenue
Photo of 562 E HONDO Avenue
Sold on Aug 6, 2026

32

Map

Photo of 562 E HONDO Avenue
Photo of 562 E HONDO Avenue
$390,000
● House - Off Market

562 E HONDO Avenue

Apache Junction, AZ 85119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,244 Ft²
$1,991
Est. Monthly

About This Property

Charming single-story home with no HOA! This lovely residence features a great curb appeal, a 2-car garage & RV gates! Inside, you'll discover inviting living areas with wood-look flooring, large windows to fill the space with abundant natural light, contemporary lighting, and neutral paint that complements any choice of decor. The kitchen displays shaker-style cabinets, quartz countertops, and stainless-steel appliances. Get a good night's sleep in the primary bedroom, complete with a closet, an ensuite for added comfort, and a private exit. The backyard provides plenty of space for entertainment, relaxation, and storage, including two sheds, accompanied by an easy-care landscape.
Unit Size
1,244 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$314
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 days ago (ARMLS #7045426)

Price History

Date / Event Date Event Price
Aug 6, 2026 Sold
Premium
Sold
Jul 3, 2026 In contract -
In contract
Jun 23, 2026 Listed by Presidential Realty, LLC $390,000
Listed by Presidential Realty, LLC
May 16, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,073
  • Total Building Area: 1,684
  • Gross Building Area: 1,684
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM SPRINGS #7
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0121
  • Legal Description 1: PALM SPRINGS #7: LOT 49

Neighborhood

  • School District Name: Apache Junction Unified District
  • Census Tract: 000315

Geography

  • Assessors Map Reference: 2801N08E
  • Parcel: 102-03-3570
  • Lot: 49
  • Meridian: SEC 28 TWN 01N RNG 08E
  • Latitude: 33.4009
  • Longitude: -111.54

    Address

  • Full Address: 562 E Hondo Ave
  • Address - House Number: 562
  • Street Direction: E
  • Address - Street Name: Hondo
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Apache Junction
  • Carrier Code: R012
  • 4-Digit Zip Code: 3252
  • Zip Code: 85119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $86,216
  • Tax Rate Code Area: 4308

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 343,461
  • High Value: 416,340
  • Low Value: 270,582

    Market Valuation

  • Market Total Value: $231,931
  • Market Land Value: $99,806
  • Market Improvement Value: $132,125

    Assessments Valuation

  • Assessed Year: 2025
  • Assessed Total Value: $23,193

    Sales

  • Current Sale Contract Date: Apr 10, 2018
  • Current Sale Recording Date: May 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-036703
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Apache Junction

Stats & Trends

Median Asking:

$354,999

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1470 ft²

Average Home Age

26.5 years

Currently For Sale

108 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 700 E Quail Avenue, Apache Junction, AZ, 85119

$1,760 /mo

  • 3 Beds
  • 2 Baths
  • 1,168 ft²
700 E Quail Avenue, Apache Junction, AZ, 85119 Listing by Fabian Martinez
Unit for rent at 2065 W 20th Avenue, Apache Junction, AZ, 85120

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,110 ft²
2065 W 20th Avenue, Apache Junction, AZ, 85120 Listing by Melissa Felix
Unit for rent at 1441 W Montebello Avenue, Apache Junction, AZ, 85120

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,266 ft²
1441 W Montebello Avenue, Apache Junction, AZ, 85120 Listing by Larry W. Stover

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ted Yeager, Presidential Realty, LLC
Last Updated: 9 days ago
Data Source: ARMLS, MLS# 7045426
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 562 East Hondo Avenue built and last sold?
The property at 562 East Hondo Avenue was built in 1987 and last sold on Apr 10, 2018 for $180,000.
How much is this home worth?
The estimated value of the home located at 562 East Hondo Avenue is $389,424.
What are some comparable homes to 562 East Hondo Avenue?
There are currently no comparable homes to 562 East Hondo Avenue.
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