441 E Peppertree Ave Apache Junction, AZ 85119
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
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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Great American Ttl Agcy Inc | |
Warranty Deed | -- | Great American Title Agency | |
Quit Claim Deed | -- | Great American Title Agency | |
Warranty Deed | -- | Great American Title Agency | |
Warranty Deed | $222,000 | Great American Title Agency | |
Warranty Deed | $207,000 | Driggs Title Agency Inc | |
Interfamily Deed Transfer | -- | None Available | |
Cash Sale Deed | $186,000 | Pioneer Title Agency Inc | |
Cash Sale Deed | $140,000 | Great American Title Agency | |
Interfamily Deed Transfer | -- | -- | |
Warranty Deed | $191,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $243,000 | New Conventional | |
Closed | $243,000 | Commercial | |
Closed | $177,000 | Unknown | |
Closed | $123,700 | Unknown | |
Previous Owner | $123,700 | Unknown | |
Previous Owner | $203,250 | FHA | |
Previous Owner | $169,500 | Unknown | |
Previous Owner | $159,500 | Unknown | |
Previous Owner | $143,250 | New Conventional |
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 |
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: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5386140

APN: 102-06-048
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