NOT LISTED FOR SALE

1750 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $650,209 - $789,000

4 Beds
-- Bath
3,760 Sq Ft
$196/Sq Ft Est. Value

Last Sold April 15, 2019

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

Est. 82% increase in value since last sale

Current estimated payment $4,117/month

21 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of April 2019

NEW ROOFS less than 1 month old. Add value with current tenants rent below market rates. 4-Plex Unit 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. 100% occupied.

Last Agent to Sell the Property

Brickman Allen

Tradelands Realty License #SA586174000 Listed on: 02/01/2019

Last Buyer's Agent

Thomas Rizen

RAN Realty & Property Management License #BR006348000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1984

Lot Details

  • 6,926

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Free Parking
  • Assigned Parking

Schools

  • Hawthorne Elementary School
  • Kino Junior High School
  • Mountain View High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 138-69-109

Community Details

Overview

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

Building Details

  • Operating Expense $8,342
  • Gross Income $36,480
  • Net Operating Income $28,138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$942

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: GILBERT/MAIN ST. WEST ON
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MUL-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • 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), Sidewalk(s)
  • Subdivision Name: PARADISE ESTATES OF MESA LOT 1-18 TR A-C
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, Assigned, 1 Space/Unit
  • Attached Garage: No
  • 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:Free: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Individual
  • 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:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1900.0

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Mountain View High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 138-69-109

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 36480.0
  • Insurance Expense: 1150.0
  • Maintenance Expense: 3200.0
  • Property Net Operating Income: 28138.0
  • Annual Operating Expense: 8342.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 942.0
  • Tax Book Number: 138.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 17, 2019
Sold by
Breuer Quinn and Breuer Todd
Bought by
Breuer Todd
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Thomas Rizen
RAN Realty & Property Management
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$729,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,375
Avg. Annual Appreciation
10.10%
Original Mortgage
$298,125
Outstanding Balance
$265,253
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$469,629

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 16, 2019
Sold by
Boehmer Daniel and Boehmer Tracy
Bought by
Breuer Todd
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Thomas Rizen
RAN Realty & Property Management
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,125
Outstanding Balance
$265,253
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$469,629

Purchase Details

Closed on
May 23, 2013
Sold by
T N D Investments Llc
Bought by
Boehmer Daniel L and Boehmer Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Boehmer Tracy L and Boehmer Daniel L
Bought by
T N D Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Boehmer Daniel L and Hagle Tracy L
Bought by
T N D Investments Llc

Purchase Details

Closed on
Jun 22, 2004
Sold by
Desert Night Properties Llc
Bought by
Boehmer Daniel L and Hagle Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,650
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Mcgee Michael and Mcgee Jamie
Bought by
Desert Night Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,650
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Portillo Jose David
Bought by
Mcgee Michael and Mcgee Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,650
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Portillo Luz Elena
Bought by
Portillo Jose David

Purchase Details

Closed on
Jan 24, 2002
Sold by
Meier Don and Meier Sandra
Bought by
Portillo Jose David
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
Breuer Todd -- Chicago Title Agency
Breuer Todd $397,500 Chicago Title Agency
Boehmer Daniel L -- Title Source
T N D Investments Llc -- Capital Title Agency Inc
Boehmer Tracy L -- Capital Title Agency Inc
T N D Investments Llc -- Capital Title Agency Inc
Boehmer Daniel L $227,500 Capital Title Agency Inc
Desert Night Properties Llc $235,000 Grand Canyon Title Agency In
Mcgee Michael $211,000 Grand Canyon Title Agency In
Portillo Jose David -- Security Title Agency
Portillo Jose David $179,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breuer Todd $298,125
Previous Owner Boehmer Daniel L $177,000
Previous Owner T N D Investments Llc $186,000
Previous Owner Boehmer Daniel L $179,650
Previous Owner Desert Night Properties Llc $150,630
Closed Boehmer Daniel L $25,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $400,000 -5.9% $106 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $425,000 -- $113 / 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 $1,065 $10,856 -- --
2024 $1,074 $10,339 -- --
2023 $1,074 $53,060 $10,610 $42,450
2022 $1,052 $40,770 $8,150 $32,620
2021 $1,065 $32,010 $6,400 $25,610
2020 $1,051 $28,760 $5,750 $23,010
2019 $982 $22,660 $4,530 $18,130
2018 $942 $18,750 $3,750 $15,000
2017 $914 $15,700 $3,140 $12,560
2016 $897 $13,720 $2,740 $10,980
2015 $843 $12,110 $2,420 $9,690
Source: Public Records

Agents Affiliated with this Home

  • Brickman Allen

    Seller's Agent in 2019

    Brickman Allen

    Tradelands Realty

    (480) 620-8437

    31 Total Sales

    Section Image
  • Thomas Rizen

    Buyer's Agent in 2019

    Thomas Rizen

    RAN Realty & Property Management

    (480) 844-0600

    27 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5876753

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-109

Arizona Maricopa County Mesa 85203 Reed Park

1750 E Pepper Cir, Mesa, AZ

This home is located at 1750 E Pepper Cir, Mesa, AZ 85203 since 01 February 2019 and is currently estimated at $735,302, approximately $195 per square foot. This property was built in 1984. 1750 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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