NOT LISTED FOR SALE

405 E Peppertree Ave Apache Junction, AZ 85119

Estimated Value: $536,887

-- Bed
-- Bath
1,666 Sq Ft
$322/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $215,000 $129 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,116/month

79 Days on Market

About This Home

As of November 2016

All 4 units are 2br 1bath. No current vacancies. Great investment property. Buyer to verify all facts and figures as the seller has never occupied the property

Last Listed By

Joshua Barton

My Home Group Real Estate License #SA557075000 Listed on: 07/20/2016

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1982

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Apache Junction High Elementary School
  • Apache Junction High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Tax Lot 1148
  • Assessor Parcel Number 102-06-049

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IRR
  • Palm Springs Subdivision

Building Details

  • Operating Expense $4,954
  • Gross Income $81,600
  • Net Operating Income $15,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,496

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: IDAHO/SOUTHERN
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Year Built: 1982
  • Tax Year: 2015
  • Directions: East on Southern to Winchester--North to Peppertree--east to property
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: PALM SPRINGS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • 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
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • 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:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 480.0
  • Annual Water Sewer Expense: 1150.0

Schools

  • Elementary School: Apache Junction High School
  • High School: Apache Junction High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 102-06-049

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 81600.0
  • Insurance Expense: 628.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 15164.0
  • Annual Operating Expense: 4954.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1496.0
  • Tax Book Number: 102.00
  • Tax Lot: 1148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Win Win Companies Llc
Bought by
Winquist Craig N
Total Days on Market
79
Current Estimated Value
$536,887

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
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2018
Sold by
Winquist Craig
Bought by
Win Win Companies Llc

Purchase Details

Listed on
Jul 20, 2016
Closed on
Dec 15, 2016
Sold by
Winquist Maria O and Winquist Cragi
Bought by
Winquist Craig and Winquist Maria O
Seller's Agent
Joshua Barton
My Home Group Real Estate
Buyer's Agent
Craig Winquist
Call Realty, Inc.
List Price
$219,999
Sold Price
$215,000
Premium/Discount to List
-$4,999
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$160,800
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 20, 2016
Closed on
Oct 18, 2016
Sold by
Johnson Family Holding Company Llc
Bought by
Winquist Craig
Seller's Agent
Joshua Barton
My Home Group Real Estate
Buyer's Agent
Craig Winquist
Call Realty, Inc.
List Price
$219,999
Sold Price
$215,000
Premium/Discount to List
-$4,999
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 8, 2012
Closed on
Dec 18, 2012
Sold by
Bugayong Fernando L and Bugayong Rosario F
Bought by
Johnson Family Holding Company Llc
Seller's Agent
Dianna Erickson
Erickson Realty Group L.L.C.
Buyer's Agent
Tammy Rankin
Maison Belle Real Estate LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bugayong Fernando L and Bugayong Rosario F
Bought by
Bugayong Fernando L and Bugayong Rosario F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2004
Sold by
Zobrist Aaron D and Zobrist Terra Sue
Bought by
Hogle Nathan

Purchase Details

Closed on
Jun 22, 2004
Sold by
Workman David R and Workman Elizabeth A
Bought by
Bugayong Fernando and Bugayong Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
6.31%
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
Winquist Craig N -- Great American Ttl Agcy Inc
Win Win Companies Llc -- Accommodation
Winquist Craig -- Fidelity National Title Agen
Winquist Craig $215,000 Fidelity National Title Agen
Johnson Family Holding Company Llc $148,666 None Available
Bugayong Fernando L -- --
Hogle Nathan -- Capital Title Agency Inc
Bugayong Fernando $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Win Win Companies Llc $243,000
Closed Win Win Companies Llc $243,000
Closed Winquist Craig N $177,000
Previous Owner Winquist Craig $160,800
Previous Owner Johnson Family Holding Company Llc $155,650
Previous Owner Bugayong Fernando L $157,600
Previous Owner Bugayong Fernando $147,000
Previous Owner Bugayong Fernando $143,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $215,000 -2.3% $129 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $219,999 0.0% $132 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $219,999 +57.1% $132 / Sq Ft
11/07/2012 11/07/12 Sold $140,000 0.0% $84 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $140,000 -- $84 / 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 $1,672 $29,969 -- --
2024 $1,578 $29,426 -- --
2023 $1,646 $17,380 $4,944 $12,436
2022 $1,578 $15,098 $4,945 $10,153
2021 $1,608 $14,777 $0 $0
2020 $1,566 $17,399 $0 $0
2019 $1,502 $16,839 $0 $0
2018 $1,472 $9,409 $0 $0
2017 $1,466 $9,168 $0 $0
2016 $1,503 $9,179 $1,100 $8,079
2014 $1,479 $8,651 $1,100 $7,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5473067

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-06-049