E
Seller's Agent in 2016
Eric Bailey
HomeSmart
(480) 593-3250
441 E Peppertree Ave Apache Junction, AZ 85119
Estimated Value: $358,414 - $703,000
Studio
--
Bath
1,666
Sq Ft
$317/Sq Ft
Est. Value
About This Home
As of April 2016This 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.
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2019
Sold by
Bought by
Current Estimated Value
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
Outstanding Balance
$154,655
Interest Rate
4%
Mortgage Type
Unknown
Estimated Equity
$372,699
Purchase Details
Closed on
Jul 19, 2016
Sold by
Bought by
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
3.43%
Mortgage Type
Unknown
Purchase Details
Listed on
Jan 20, 2016
Closed on
Apr 6, 2016
Sold by
Bought by
Seller's Agent
Eric Bailey
HomeSmart
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
8.85%
Purchase Details
Listed on
Jul 6, 2015
Closed on
Jan 15, 2016
Sold by
Bought by
Seller's Agent
Morten Pedersen
Pedersen Real Estate & Property Management
Buyer's Agent
Eric Bailey
HomeSmart
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
Bought by
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
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Jul 1, 2004
Sold by
Bought by
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Great American Ttl Agcy Inc | ||
| -- | Great American Title Agency | ||
| -- | Great American Title Agency | ||
| -- | Great American Title Agency | ||
| $222,000 | Great American Title Agency | ||
| $207,000 | Driggs Title Agency Inc | ||
| -- | None Available | ||
| $186,000 | Pioneer Title Agency Inc | ||
| $140,000 | Great American Title Agency | ||
| -- | -- | ||
| $191,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $177,000 | ||
| Previous Owner | $123,700 | ||
| Previous Owner | $203,250 | ||
| Previous Owner | $143,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Eric Bailey
-
M
Seller's Agent in 2016
Morten Pedersen
Pedersen Real Estate & Property Management
-
Craig Winquist
C
Buyer's Agent in 2016
Craig Winquist
Call Realty, Inc.
(480) 251-9551
-
Lobna Hanoneh
Seller's Agent in 2014
Lobna Hanoneh
Citiea
(480) 494-1888
58 Total Sales
-
D
Seller's Agent in 2013
Dianna Erickson
Erickson Realty Group L.L.C.
-
Wally Erickson
W
Seller Co-Listing Agent in 2013
Wally Erickson
Erickson Realty Group L.L.C.
(480) 689-6360
13 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5386140
APN: 102-06-048
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.
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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