NOT LISTED FOR SALE

441 E Peppertree Ave Apache Junction, AZ 85119

Estimated Value: $391,106 - $703,000

-- Bed
-- Bath
1,666 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $222,500 $134 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,240/month

75 Days on Market

About This Home

As of April 2016

This is a 4 Plex that CASH FLOWS at list price with current tenants in place generating around a 9.8% cap rate. Fully occupied, in a great family friendly neighborhood near US60. All units are highly desirable first floor 2 bedroom 1 bath open floor plan models and individually metered for electricity with washer/dryer hook ups inside. Two of the four units have quality long-term tenants (14 years and 3 years). The remaining tenants are on 12 month leases. Two units have been remodeled with 17'' tile. One unit has granite counter-tops and tile shower. New roof and AC's about 4 years ago. Buyer to verify all fact and figures. Great investment opportunity. Owner/Agent.

Last Listed By

Eric Bailey

Realty ONE Group License #SA654570000 Listed on: 01/20/2016

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1982

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1147
  • Assessor Parcel Number 102-06-048

Community Details

Overview

  • 4 Units
  • Building Dimensions are 92' x 109'
  • Palm Springs Unit 11 Subdivision

Building Details

  • Operating Expense $4,172
  • Gross Income $26,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,472

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Idaho and Southern
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: M4
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2014
  • Directions: East on Southern to Winchester. North to Peppertreee, east to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: PALM SPRINGS UNIT 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: See Remarks, 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:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 300.0

Lot Info

  • Lot Size: 92' x 109'
  • Additional Parcels: No
  • Parcel #: 102-06-048

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26500.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 4172.0

Tax Info

  • Tax Annual Amount: 1472.0
  • Tax Book Number: 102.00
  • Tax Lot: 1147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Winquist Maria
Bought by
Winquist Craig N
Total Days on Market
75
Current Estimated Value
$559,277

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
Jul 19, 2016
Sold by
Winquist Craig N
Bought by
Win Win Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
3.45%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 20, 2016
Closed on
Apr 6, 2016
Sold by
Bailey Tanya and Bailey Eric
Bought by
Win Win Companies Llc
Seller's Agent
Eric Bailey
Realty ONE Group
Buyer's Agent
Craig Winquist
Call Realty, Inc.
List Price
$245,000
Sold Price
$222,500
Premium/Discount to List
-$22,500
-9.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%

Purchase Details

Listed on
Jul 6, 2015
Closed on
Jan 15, 2016
Sold by
Petterson Chris
Bought by
Bailey Tanya and Bailey Eric
Seller's Agent
Morten Pedersen
Lori Blank & Associates, LLC
Buyer's Agent
Eric Bailey
Realty ONE Group
List Price
$199,900
Sold Price
$207,000
Premium/Discount to List
$7,100
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.27%
Original Mortgage
$203,250
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2013
Closed on
Mar 21, 2014
Sold by
Petterson Merrill
Bought by
Petterson Chris
Seller's Agent
Lobna Hanoneh
Citiea
Buyer's Agent
Lobna Hanoneh
Citiea
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Nov 15, 2013
Closed on
Mar 18, 2014
Sold by
Sky Hawk Llc
Bought by
Petterson Merrill
Seller's Agent
Lobna Hanoneh
Citiea
Buyer's Agent
Lobna Hanoneh
Citiea
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%

Purchase Details

Listed on
Jan 17, 2013
Closed on
Feb 19, 2013
Sold by
Bugayong Rosario F
Bought by
Sky Hawk 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
30.41%

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
$159,500
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 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 -- Great American Title Agency
Winquist Craig N -- Great American Title Agency
Winquist Craig N -- Great American Title Agency
Win Win Companies Llc $222,000 Great American Title Agency
Bailey Tanya $207,000 Driggs Title Agency Inc
Petterson Chris -- None Available
Petterson Merrill $186,000 Pioneer Title Agency Inc
Sky Hawk Llc $140,000 Great American Title Agency
Bugayong Fernando L -- --
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
Closed Winquist Ii Craig N $123,700
Previous Owner Winquist Craig N $123,700
Previous Owner Bailey Tanya $203,250
Previous Owner Bugayong Fernando L $169,500
Previous Owner Bugayong Fernando $159,500
Previous Owner Bugayong Fernando $143,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $222,500 -9.2% $134 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $245,000 +18.4% $147 / Sq Ft
01/11/2016 01/11/16 Sold $207,000 +3.6% $124 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $199,900 +7.5% $120 / Sq Ft
03/26/2014 03/26/14 Sold $186,000 -7.0% $112 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $199,900 +42.8% $120 / Sq Ft
02/27/2013 02/27/13 Sold $140,000 0.0% $84 / Sq Ft
12/22/2012 12/22/12 Pending -- -- --
12/20/2012 12/20/12 For Sale $140,000 0.0% $84 / Sq Ft
11/08/2012 11/08/12 Sold $140,000 0.0% $84 / Sq Ft
11/07/2012 11/07/12 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 $30,117 -- --
2024 $1,578 $29,575 -- --
2023 $1,646 $17,448 $5,012 $12,436
2022 $1,578 $15,165 $5,012 $10,153
2021 $1,607 $14,845 $0 $0
2020 $1,566 $16,498 $0 $0
2019 $1,502 $15,938 $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 $1,473 $8,613 $1,100 $7,513
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Bailey

    Realty One Group

    (480) 593-3250

    1 Total Sale

    Eric Bailey
    Section Image
  • Morten Pedersen

    Seller's Agent in 2016

    Morten Pedersen

    Lori Blank & Associates, LLC

    (480) 289-9821

    1 Total Sale

    Morten Pedersen
    Section Image

  • C

    Buyer's Agent in 2016

    Craig Winquist

    Call Realty, Inc.

    (480) 251-9551

    Craig Winquist
    Section Image
  • Lobna Hanoneh

    Seller's Agent in 2014

    Lobna Hanoneh

    Citiea

    (480) 494-1888

    2 in this area

    99 Total Sales

    Lobna Hanoneh
    Section Image
  • Dianna Erickson

    Seller's Agent in 2013

    Dianna Erickson

    Erickson Realty Group L.L.C.

    Section Image

  • W

    Seller Co-Listing Agent in 2013

    Wally Erickson

    Erickson Realty Group L.L.C.

    (480) 689-6360

    2 in this area

    16 Total Sales

    Wally Erickson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5386140

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-06-048

Arizona Pinal County Apache Junction 85119

441 E Peppertree Ave, Apache Junction, AZ

Homes for Sale in Apache Junction, AZ

This home is located at 441 E Peppertree Ave, Apache Junction, AZ 85119 since 20 January 2016 and is currently estimated at $559,277, approximately $335 per square foot. This property was built in 1982. 441 E Peppertree Ave is a home located in Pinal County with nearby schools including Peralta Trail Elementary School, Cactus Canyon Junior High School, and Apache Junction High 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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