NOT LISTED FOR SALE

1733 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $463,104 - $764,000

-- Bed
-- Bath
3,760 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $230,000 $61 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,750/month

25 Days on Market

Highlights

  • Wood Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Central Heating and Cooling System

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. Many updates! Unit 1 has a new HVAC and has been completely renovated. Valley Metro has a future planned extension of the Light Rail to Gilbert Road! Buyer to verify all items during the due diligence period. Update: 100% Occupied!!! But some units are month to month.

Last Listed By

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 01/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $845

Year Built

  • Built in 1984

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • 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 14
  • Assessor Parcel Number 138-69-120

Community Details

Overview

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

Building Details

  • Operating Expense $7,945
  • Gross Income $28,466
  • Net Operating Income $20,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Gilbert & 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 Cir, West to property on South side of street.
  • 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: Built-Up, 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: Central A/C, Individual, Heat Pump, Electric
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: 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 #: 138-69-120

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 28465.8
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1750.0
  • Property Net Operating Income: 20491.0
  • Annual Operating Expense: 7945.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 845.0
  • Tax Book Number: 138.00
  • Tax Lot: 14

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
Total Days on Market
25
Current Estimated Value
$660,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 17, 2016
Sold by
Pepper 3 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
$254,900
Sold Price
$230,000
Premium/Discount to List
-$24,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$161,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 6, 2013
Closed on
Sep 23, 2013
Sold by
Chandler Investments Llc
Bought by
Kalahas Joanne
Seller's Agent
Robert Towne
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Feb 17, 2009
Sold by
132 Property Investors Llc
Bought by
Chandler Investments Llc

Purchase Details

Closed on
Jan 8, 2008
Sold by
Gonzales Charles
Bought by
Gonzales Lynn Eberhard

Purchase Details

Closed on
Dec 28, 2007
Sold by
Gonzales Lynn Eberhard and Eberhard Lynn
Bought by
Net Real Estates Az Llc

Purchase Details

Closed on
May 26, 2004
Sold by
Ranalli Lee
Bought by
Eberhard Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2000
Sold by
Slaughter Billy F and Slaughter Kay N
Bought by
Ranalli Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
8.16%
Mortgage Type
New Conventional

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 $230,000 Chicago Title Agency Inc
Kalahas Joanne $165,000 American Title Service Agenc
Chandler Investments Llc -- None Available
Gonzales Lynn Eberhard -- None Available
Gonzales Lynn Eberhard -- None Available
Net Real Estates Az Llc -- None Available
Eberhard Lynn $218,000 Ticor Title Agency Of Az Inc
Ranalli Lee $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carr David W $321,000
Previous Owner Pepper Circle Properties Llc $161,000
Previous Owner Kahalas Joanne $115,000
Previous Owner Eberhard Lynn $288,000
Previous Owner Eberhard Lynn $163,500
Previous Owner Ranalli Lee $149,500
Previous Owner Ranalli Lee $126,400
Closed Ranalli Lee $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $230,000 -9.8% $61 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $254,900 +54.5% $68 / Sq Ft
10/02/2013 10/02/13 Sold $165,000 0.0% $44 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $165,000 -- $44 / 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 $1,067 $10,874 -- --
2024 $1,076 $10,356 -- --
2023 $1,076 $53,130 $10,620 $42,510
2022 $1,054 $40,830 $8,160 $32,670
2021 $1,067 $32,070 $6,410 $25,660
2020 $1,053 $28,820 $5,760 $23,060
2019 $984 $22,680 $4,530 $18,150
2018 $944 $18,770 $3,750 $15,020
2017 $916 $15,720 $3,140 $12,580
2016 $899 $13,730 $2,740 $10,990
2015 $845 $12,130 $2,420 $9,710
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Kaipainen

    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

  • Robert Towne

    Seller's Agent in 2013

    Robert Towne

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 570-8605

    18 Total Sales

    Robert Towne
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5380135

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-120

Arizona Maricopa County Mesa 85203 Reed Park

1733 E Pepper Cir, Mesa, AZ

Homes for Sale in Mesa, AZ

This home is located at 1733 E Pepper Cir, Mesa, AZ 85203 since 08 January 2016 and is currently estimated at $660,276, approximately $175 per square foot. This property was built in 1984. 1733 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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