NOT LISTED FOR SALE

1757 E Pepper Cir Mesa, AZ 85203

Reed Park Neighborhood

Estimated Value: $388,259 - $871,000

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

Last Sold May 28, 2014

Last sale price $170,000 $45 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $3,912/month

17 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2014

AN Excellent Investment Opportunity in a good Rental Area,Close to Downtown, amenities, close to Bus stop.4Plex. All units have excellent rental history, many recent improvements including 2 New A/c units, 2 Water Heaters, New Stove and Refrigerator (all within past 2 years) Interiors were all re-painted and new flooring added 3 yrs ago. All units rented.
All 4 are 2 Br. 1 Bath Townhouse style units, Nice sized Bedrooms, 940 Sq.ft. per unit. Private, Fenced Back yards. Please do not disturb tenants drive by only. Listing Agent can provide details on financials.

Last Agent to Sell the Property

Robert More

Century 21 Arizona Foothills License #SA528043000 Listed on: 03/19/2014

Last Buyer's Agent

David Clark

America's All In One Real Estate Services, Inc. License #SA558230000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $710

Year Built

  • Built in 1984

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Schools

  • Hawthorne Elementary School
  • Mountain View - Waddell High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for sewer, cable TV
  • The owner pays for trash collection, water
  • Tax Lot 17
  • Assessor Parcel Number 138-69-123

Community Details

Overview

  • 4 Units
  • Building Dimensions are Regular
  • Paradise Estates Of Mesa Subdivision

Building Details

  • Operating Expense $710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$710

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Main & Gilbert
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: West on Main to North (right) on Guthrie, immediate left on Pepper.
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Paradise Estates of Mesa
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Central A/C, Electric, Ceiling Fan(s)
  • 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
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Mountain View - Waddell

Lot Info

  • Lot Size: Regular
  • Additional Parcels: No
  • Parcel #: 138-69-123

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 710.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 710.0
  • Tax Book Number: 138.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 14, 2014
Sold by
Zhang Jia Zuan and Zhang Yin Zen
Bought by
Dec Investments 11 Llc
Seller's Agent
Robert More
Century 21 Arizona Foothills
Buyer's Agent
David Clark
America's All In One Real Estate Services, Inc.
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Current Estimated Value
$698,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,315
Avg. Annual Appreciation
13.51%

Purchase Details

Closed on
Feb 23, 2010
Sold by
Wachovia Bank National Association
Bought by
Zhang Jia Zuan and Zhang Yin Zen

Purchase Details

Closed on
Oct 22, 2009
Sold by
Herrick Shawn
Bought by
Wachovia Bank National Association

Purchase Details

Closed on
Jun 14, 2005
Sold by
Baldwin James S
Bought by
Herrick Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
Meehan Donald R and Meehan Joanne M
Bought by
Baldwin James Scott and Baldwin Karyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.76%
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
Dec Investments 11 Llc $170,000 Fidelity National Title Agen
Zhang Jia Zuan $90,000 First American Title Ins Co
Wachovia Bank National Association $92,250 First American Title
Herrick Shawn $290,000 First American Title Ins Co
Baldwin James Scott $145,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrick Shawn $232,000
Previous Owner Baldwin James Scott $127,500
Previous Owner Baldwin James Scott $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $170,000 -15.0% $45 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $200,000 -- $53 / 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 $1,073 $10,931 -- --
2024 $1,082 $10,410 -- --
2023 $1,082 $53,350 $10,670 $42,680
2022 $1,059 $40,980 $8,190 $32,790
2021 $1,072 $32,220 $6,440 $25,780
2020 $1,058 $28,960 $5,790 $23,170
2019 $989 $22,760 $4,550 $18,210
2018 $949 $18,820 $3,760 $15,060
2017 $921 $15,760 $3,150 $12,610
2016 $904 $13,800 $2,760 $11,040
2015 $849 $12,160 $2,430 $9,730
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert More

    Century 21 Arizona Foothills

  • D

    Buyer's Agent in 2014

    David Clark

    America's All In One Real Estate Services, Inc.

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5087008

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-69-123

Arizona Maricopa County Mesa 85203 Reed Park

1757 E Pepper Cir, Mesa, AZ

This home is located at 1757 E Pepper Cir, Mesa, AZ 85203 since 19 March 2014 and is currently estimated at $698,315, approximately $185 per square foot. This property was built in 1984. 1757 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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