NOT LISTED FOR SALE

467 E Peppertree Ave Apache Junction, AZ 85119

Estimated Value: $501,317

-- Bed
-- Bath
2,880 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $220,000 $76 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,846/month

6 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of April 2018

These GREAT units were built in 1999. Each has 2 baths & a laundry hook-up. Each unit is separately metered for water. Low maintenance landscaping and close to shopping, restaurants and free-way. This would be a great property for investor wanting to cashflow or a first time homeowner that wants to have others pay their mortgage.

Last Listed By

William Taber

Pedersen Real Estate & Property Management License #BR642945000 Listed on: 04/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1999

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • 3 Covered Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for sewer
  • Tax Lot 1146
  • Assessor Parcel Number 102-06-047

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0
  • Palm Springs Unit Eleven Subdivision

Building Details

  • Operating Expense $2,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,061

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Winchester and Peppertree
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: TRIPLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2009
  • Directions: US60 East to Idaho, North on Idaho, East on Southern, North on Winchester, East on Peppertree.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Alley
  • Subdivision Name: PALM SPRINGS UNIT ELEVEN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete, Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Other (See Remarks), Paved Parking, Free, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 102-06-047

Multi Family

  • Owner Pays: Sewer
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 2061.0

Tax Info

  • Tax Annual Amount: 2061.0
  • Tax Book Number: 102.00
  • Tax Lot: 1146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Best Steve
Bought by
Empire Real Estate Llc
Total Days on Market
6
Current Estimated Value
$501,317

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 20, 2018
Sold by
Chesley Sonja
Bought by
Best Steve
Seller's Agent
William Taber
Pedersen Real Estate & Property Management
Buyer's Agent
Matthew Kochis
Real Broker
List Price
$205,000
Sold Price
$220,000
Premium/Discount to List
$15,000
7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Stolpe Daniel O
Bought by
Stolpe Daniel O

Purchase Details

Closed on
Apr 9, 2007
Sold by
Dixon Amy Thompson
Bought by
Stolpe Daniel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,698
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Desert Night Properties Llc
Bought by
Dixon Amy Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2004
Sold by
Aboyoun Edward E and Aboyoun Phyllis
Bought by
Desert Night Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,712
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Randall Richard A and Randall Nancy B
Bought by
Aboyoun Edward E and Aboyoun Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1998
Sold by
Nfn Enterprises Inc
Bought by
Randall Richard A and Randall Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,828
Interest Rate
6.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 1998
Sold by
Zingler Laverna
Bought by
Nfn Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,828
Interest Rate
6.79%
Mortgage Type
Seller Take Back

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
Empire Real Estate Llc -- None Available
Stolpe Daniel O -- None Available
Stolpe Daniel O $272,500 First American Title Insuran
Dixon Amy Thompson $232,500 --
Desert Night Properties Llc $202,000 --
Aboyoun Edward E $180,000 Transnation Title Ins Co
Randall Richard A $147,500 Ati Title Agency
Nfn Enterprises Inc $12,500 Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Empire Real Estate Llc $700,000
Previous Owner Stolpe Daniel O $142,698
Previous Owner Dixon Amy Thompson $162,750
Previous Owner Desert Night Properties Llc $147,712
Previous Owner Aboyoun Edward E $119,000
Previous Owner Randall Richard A $43,828
Closed Dixon Amy Thompson $58,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $220,000 +7.3% $76 / Sq Ft
04/16/2018 04/16/18 Price Changed $205,000 0.0% $71 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $205,000 -- $71 / 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 $2,228 $46,974 -- --
2024 $2,103 $48,154 -- --
2023 $2,193 $34,605 $5,012 $29,593
2022 $2,103 $21,214 $5,012 $16,202
2021 $2,142 $21,243 $0 $0
2020 $2,087 $18,249 $0 $0
2019 $2,002 $17,858 $0 $0
2018 $1,961 $13,861 $0 $0
2017 $1,909 $13,938 $0 $0
2016 $1,862 $14,406 $1,100 $13,306
2014 $1,764 $10,314 $1,100 $9,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5746118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-06-047