NOT LISTED FOR SALE

1709 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $486,231 - $826,000

-- Bed
-- Bath
3,760 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $240,000 $64 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,958/month

17 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of March 2016

Well maintained 4 plex with all 2 bedroom townhouse style units! Each unit has its own laundry room and individual rear yard. Located on the cul de sac, the lot is large and one unit has a huge rear yard! HVACs were new in 2011. Room for rent growth! Valley Metro has a future planned extension of the Light Rail to Gilbert Road! Buyer to verify all items during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 01/16/2016

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 138-69-117

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Paradise Estates Of Mesa Lot 1 18 Tr A C Subdivision

Building Details

  • Gross Income $28,557
  • Net Operating Income $20,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Gilbert and Main
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Directions: West to Guthrie, North to Pepper Circle, West to property near end of cul de sac.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: PARADISE ESTATES OF MESA LOT 1-18 TR A-C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 138-69-117

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 28557.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 20548.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 909.0
  • Tax Book Number: 138.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Pepper Circle Properties Llc
Bought by
Carr David W and Carr Debra S
Current Estimated Value
$699,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$292,463
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$390,097

Purchase Details

Listed on
Jan 16, 2016
Closed on
Mar 17, 2016
Sold by
Pepper 9 Partners Llc
Bought by
Pepper Circle Properties Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$168,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2014
Sold by
Kahalas Jennifer
Bought by
Pepper 9 Partners Llc

Purchase Details

Closed on
Sep 2, 2011
Sold by
Kahalas Jeremy
Bought by
Kahalas Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
Siwy Jeffrey K and Siwy Rita M
Bought by
Kahalas Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Siwy Jeffrey K and Siwy Rita M
Bought by
Siwy Jeffrey K and Siwy Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2002
Sold by
Slaughter Billy F and Slaughter Kay N
Bought by
Yearly Christopher B and Trust Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,786
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2001
Sold by
Slaughter Mayme Juel
Bought by
Slaughter Billy F and Slaughter Kay N

Purchase Details

Closed on
May 13, 1996
Sold by
Slaughter Billy F and Slaughter Kay N
Bought by
Slaughter Billy F and Slaughter Kay N
Source: Public Records

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
Carr David W -- Real Advantage Title Ins Co
Pepper Circle Properties Llc $240,000 Chicago Title Agency Inc
Pepper 9 Partners Llc -- None Available
Kahalas Jennifer C -- Chicago Title
Kahalas Jennifer C $90,000 Chicago Title
Siwy Jeffrey K -- Chicago Title
Siwy Jeffrey K -- None Available
Siwy Jeffrey K $380,000 Equity Title Agency Inc
Yearly Christopher B $208,000 American Title Ins Agency Az
Slaughter Billy F -- --
Slaughter Billy F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr David W $324,000
Previous Owner Pepper Circle Properties Llc $168,000
Previous Owner Kahalas Jennifer C $107,800
Previous Owner Kahalas Jennifer C $67,500
Previous Owner Siwy Jeffrey K $304,000
Previous Owner Siwy Jeffrey K $19,000
Previous Owner Yearly Christopher B $204,786
Previous Owner Yearly Christopher B $204,786
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $240,000 -3.6% $64 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $249,000 -- $66 / 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 $1,149 $11,702 -- --
2024 $1,158 $11,145 -- --
2023 $1,158 $56,570 $11,310 $45,260
2022 $1,134 $43,350 $8,670 $34,680
2021 $1,148 $34,680 $6,930 $27,750
2020 $1,133 $31,150 $6,230 $24,920
2019 $1,058 $23,930 $4,780 $19,150
2018 $1,016 $19,660 $3,930 $15,730
2017 $986 $16,370 $3,270 $13,100
2016 $967 $14,610 $2,920 $11,690
2015 $909 $12,710 $2,540 $10,170
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lois Kaipainen

    Income Property Shop

    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5384156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-117

Arizona Maricopa County Mesa 85203 Reed Park

1709 E Pepper Cir, Mesa, AZ

This home is located at 1709 E Pepper Cir, Mesa, AZ 85203 since 16 January 2016 and is currently estimated at $724,058, approximately $192 per square foot. This property was built in 1984. 1709 E Pepper Cir is a home located in Maricopa County with nearby schools including Michael T. Hughes Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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