NOT LISTED FOR SALE

1720 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $641,213 - $783,000

4 Beds
-- Bath
3,760 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $400,000 $106 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,965/month

9 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of April 2019

Great value add opportunity with current tenants rent below market rates. Rents should be at or above $800 a month. 4-Plex property is located at the end of a Cul-de-sac in strong rental areal. Large units that are 2 story town house style with private yards. Separate storage closets for each unit and 2 of the units have patios and balconies. Right next to light rail extension area in Mesa so the area is very desireable. Almost always 100% occupied

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 02/12/2019

Last Buyer's Agent

Thomas Rizen

RAN Realty & Property Management License #BR006348000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $941

Year Built

  • Built in 1984

Lot Details

  • 6,795

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Southwest Elementary School
  • Kino Junior High School
  • Mountain View - Waddell High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 138-69-113

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6775

Building Details

  • Operating Expense $941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$941

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: GILBERT/MAIN (N/W)
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: 0346
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: WEST ON MAIN TO GUTHRIE, NORTH TO PEPPER, WEST TO BUILDING ON NORTH
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: See Remarks, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Southwest Elementary School
  • High School: Mountain View - Waddell
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 6775
  • Additional Parcels: No
  • Parcel #: 138-69-113

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Operating Expense: 941.0

Tax Info

  • Tax Annual Amount: 941.0
  • Tax Book Number: 138.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 17, 2019
Sold by
Breuer Quinn and Breuer Todd
Bought by
Breuer Todd
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Thomas Rizen
RAN Realty & Property Management
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$731,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,053
Avg. Annual Appreciation
9.80%
Original Mortgage
$294,000
Outstanding Balance
$260,599
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$470,498

Purchase Details

Closed on
Sep 15, 2010
Sold by
Kimball Stephen R and Clonts Constance M
Bought by
Cad Home Design Llc

Purchase Details

Closed on
Mar 2, 2010
Sold by
Cad Home Design Llc
Bought by
Kimball Stephen R and Clonts Constance M

Purchase Details

Closed on
Sep 29, 2009
Sold by
Us Bank National Association
Bought by
Cad Home Design Llc

Purchase Details

Closed on
Jun 10, 2009
Sold by
Hongkham Scott S and Hongkham Diane P
Bought by
Us Bank National Association

Purchase Details

Closed on
May 12, 2005
Sold by
Bolesnikov Jelena and Fara Jelena
Bought by
Hongkham Scott S and Hongkham Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Burk Robert Mosiah and Burk Aubree Lynn
Bought by
Fara Jelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1999
Sold by
Biggs Samuel J B and Biggs Sheila
Bought by
Burk Robert Mosiah and Burk Aubree Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,183
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1999
Sold by
Biggs Sheila and Rowley Kenneth
Bought by
Biggs Samuel and Biggs Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,183
Interest Rate
7.56%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Breuer Todd -- Chicago Title Agency
Breuer Todd $392,000 Chicago Title Agency
Cad Home Design Llc -- None Available
Kimball Stephen R -- None Available
Cad Home Design Llc $90,000 First American Title Ins Co
Us Bank National Association $110,000 Accommodation
Hongkham Scott S $325,000 Lawyers Title Ins
Fara Jelena $220,000 The Talon Group Title & Sett
Burk Robert Mosiah $164,000 First American Title
Biggs Samuel -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breuer Todd $294,000
Previous Owner Hongkham Scott S $260,000
Previous Owner Fara Jelena $176,000
Previous Owner Burk Robert Mosiah $156,183
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $400,000 -3.6% $106 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $415,000 -- $110 / 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 $1,064 $10,837 -- --
2024 $1,072 $10,321 -- --
2023 $1,072 $52,930 $10,580 $42,350
2022 $1,050 $40,680 $8,130 $32,550
2021 $1,063 $31,920 $6,380 $25,540
2020 $1,049 $28,680 $5,730 $22,950
2019 $980 $22,610 $4,520 $18,090
2018 $941 $18,720 $3,740 $14,980
2017 $913 $15,670 $3,130 $12,540
2016 $896 $13,680 $2,730 $10,950
2015 $842 $12,100 $2,420 $9,680
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    45 Total Sales

    Jake Allen
    Section Image
  • Thomas Rizen

    Buyer's Agent in 2019

    Thomas Rizen

    RAN Realty & Property Management

    (480) 844-0600

    26 Total Sales

    Thomas Rizen
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5882199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-113

Arizona Maricopa County Mesa 85203 Reed Park

1720 E Pepper Cir, Mesa, AZ

This home is located at 1720 E Pepper Cir, Mesa, AZ 85203 since 12 February 2019 and is currently estimated at $731,053, approximately $194 per square foot. This property was built in 1984. 1720 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

Nearby Homes