NOT LISTED FOR SALE

Estimated Value: $733,000 - $755,741

Studio
-- Bath
3,760 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2025

Last sale price $747,000 $199 Per Sq Ft

Current estimated payment $4,106 / mo

9 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Franklin at Brimhall Elementary School Rated A
  • Carpet

About This Home

As of November 2025

ABI Multifamily is pleased to present 1728 E Pepper Cir, a 4-plex in the heart of Mesa that features four spacious 2-bed/1-bath units (~940 SF each) with unique townhome-style layouts (main floor & upstairs in each unit). Built in 1984, the property has been upgraded as needed & well-maintained, but still offers value-add potential in completing interior upgrades in some of the units. Each unit includes private backyards, individual storage units, & in-unit laundry hookups. Two units have balconies. The property has new exterior paint ('25), landscaping ('25), & a new roof ('24). Located less than 3 miles from both Downtown Mesa & Hwy 60, this property combines convenience with upside. One unit is currently vacant, allowing flexibility for both investors & owner-occupant buyers.

Last Agent to Sell the Property

Colin Kreager

ABI Multifamily License #SA693849000 Listed on: 09/22/2025

Last Buyer's Agent

Melissa Pimentel

Call Realty, Inc. License #SA665985000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 06
  • Assessor Parcel Number 138-69-112

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60' x 115'

Building Details

  • Operating Expense $6,829
  • Gross Income $263,760
  • Net Operating Income $48,097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: GILBERT & MAIN
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Foam, Rolled/Hot Mop

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit, On Street
  • Attached Garage: No
  • 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 Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • 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:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 4250.0

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: 60' x 115'
  • Additional Parcels: No
  • Parcel #: 138-69-112

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 263760.0
  • Insurance Expense: 1514.0
  • Property Net Operating Income: 48097.0
  • Annual Operating Expense: 6829.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Book Number: 138.00
  • Tax Lot: 06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2025
Closed on
Nov 6, 2025
Sold by
Bought by
Seller's Agent
Colin Kreager
ABI Multifamily
Buyer's Agent
Melissa Pimentel
Call Realty, Inc.
List Price
$790,000
Sold Price
$747,000
Premium/Discount to List
-$43,000
-5.44%
Views
7
Current Estimated Value
$745,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,815
Avg. Annual Appreciation
-0.40%
Original Mortgage
$597,600
Outstanding Balance
$597,600
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$147,585

Purchase Details

Closed on
Dec 29, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,400
Interest Rate
6.05%

Purchase Details

Closed on
May 4, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,854
Interest Rate
7.05%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
7.38%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$747,000 Premier Title Agency
-- Empire West Title Agency Llc
-- None Available
-- Chicago Title Insurance Co
-- Security Title Agency
-- Security Title Agency
-- --
-- Arizona Title Agency Inc
$89,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $597,600
Previous Owner $212,500
Previous Owner $266,000
Previous Owner $103,400
Previous Owner $51,854
Previous Owner $62,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Sold $747,000 -5.4% $199 / Sq Ft
09/22/2025 09/22/25 For Sale $790,000 -- $210 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,071 $10,856 -- --
2024 $1,074 $10,339 -- --
2023 $1,074 $53,030 $10,600 $42,430
2022 $1,052 $40,760 $8,150 $32,610
2021 $1,065 $32,000 $6,400 $25,600
2020 $1,051 $28,750 $5,750 $23,000
2019 $982 $22,650 $4,530 $18,120
2018 $942 $18,750 $3,750 $15,000
2017 $914 $15,700 $3,140 $12,560
2016 $897 $13,710 $2,740 $10,970
2015 $843 $12,110 $2,420 $9,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6923003

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-112

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