NOT LISTED FOR SALE

1742 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $446,340 - $823,000

2 Beds
-- Bath
3,760 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $215,000 $57 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $3,961/month

13 Days on Market

Highlights

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

About This Home

As of October 2015

Nice Large 2 Bedroom Units. Clean and Well Maintained. Individual Yards. Super Location Near Downtown Mesa and the Light Rail. Very Unique Townhouse Style Units. Must See Property. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction Including MLS INFO.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 10/06/2015

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 10/06/2015

Better Homes & Gardens Real Estate SJ Fowler

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
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 138-69-110

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6996
  • Paradise Estates Of Mesa Lot 1 18 Tr A C Subdivision

Building Details

  • Operating Expense $6,105
  • Gross Income $25,365
  • Net Operating Income $19,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: MAIN & GILBERT
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULIT
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Directions: West on Main St. North on Guthrie St. West on Pepper Cir. Property is on North side of street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: PARADISE ESTATES OF MESA LOT 1-18 TR A-C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: 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:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2100.0

Lot Info

  • Lot Size: 6996
  • Additional Parcels: No
  • Parcel #: 138-69-110

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25365.0
  • Insurance Expense: 760.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 19365.0
  • Annual Operating Expense: 6105.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 845.0
  • Tax Book Number: 138.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Oct 29, 2015
Sold by
Stacy Holdings West Llc
Bought by
Jc Honor Law Llc
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$234,900
Sold Price
$215,000
Premium/Discount to List
-$19,900
-8.47%
Current Estimated Value
$701,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,085
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Stacy Donald W and Stacy Dawn W
Bought by
Stacy Holdings West Llc

Purchase Details

Closed on
Nov 14, 2005
Sold by
Adams William and Adams Frances
Bought by
Stacy Donald W and Stacy Dawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Thurber Chris W and Ahn Thurber Cindy M
Bought by
Adams William and Adams Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Greess Andrew B and Greess Wendy J
Bought by
Thurber Chris W and Ahn Thurber Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2003
Sold by
Schutt Nathan R
Bought by
Greess Andrew B and Greess Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 4, 1999
Sold by
Hedtke Ronald C and Hedtke Sandra R
Bought by
Schutt Nathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
9.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Jc Honor Law Llc $215,000 First Arizona Title Agency
Stacy Holdings West Llc -- None Available
Stacy Donald W $307,000 Arizona Title Agency Inc
Adams William $275,000 Capital Title Agency Inc
Thurber Chris W $226,300 Capital Title Agency Inc
Greess Andrew B $200,000 Transnation Title Insurance
Schutt Nathan R $137,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jc Honor Law Llc $297,500
Closed Jc Honor Law Llc $150,500
Previous Owner Stacy Donald W $230,250
Previous Owner Adams William $178,750
Previous Owner Thurber Chris W $158,400
Previous Owner Greess Andrew B $30,000
Previous Owner Greess Andrew B $160,000
Previous Owner Schutt Nathan R $123,300
Closed Thurber Chris W $45,200
Closed Adams William $68,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $215,000 -8.5% $57 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $234,900 -- $62 / 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 $40,820 $8,160 $32,660
2021 $1,067 $32,060 $6,410 $25,650
2020 $1,053 $28,810 $5,760 $23,050
2019 $984 $22,680 $4,530 $18,150
2018 $944 $18,770 $3,750 $15,020
2017 $916 $15,710 $3,140 $12,570
2016 $899 $13,730 $2,740 $10,990
2015 $845 $12,120 $2,420 $9,700
Source: Public Records

Agents Affiliated with this Home

  • Steve Fowler

    Seller's Agent in 2015

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    1 in this area

    66 Total Sales

    Section Image
  • Steven Cvetanovich

    Seller Co-Listing Agent in 2015

    Steven Cvetanovich

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 323-5672

    37 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5344620

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-110

Arizona Maricopa County Mesa 85203 Reed Park

1742 E Pepper Cir, Mesa, AZ

This home is located at 1742 E Pepper Cir, Mesa, AZ 85203 since 06 October 2015 and is currently estimated at $701,085, approximately $186 per square foot. This property was built in 1984. 1742 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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