NOT LISTED FOR SALE

Estimated Value: $232,997 - $339,000

-- Bed
2 Baths
1,048 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $67,295 $64 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,604/month

69 Days on Market

Highlights

  • 0.11 Acre Lot
  • Baseboard Heating
  • Evaporated cooling system

About This Home

As of May 2014

SOLID INVESTMENT (11.6 CAP RATE!) WITH TERRIFIC CASH FLOW. 3 BED/3 BATH SINGLE FAMILY HOME REBUILT 1990 & CONVERTED TO DUPLEX W/2 KITCHENS. $1,000 MONTHLY RENTAL INCOME. QUIET NEIGHBORHOOD NEAR UNIVERSITY, CLOSE TO BUS LINES, AND BIKE PATH. SELLING AS PACKAGE DEAL WITH 1004 E NAVAJO. DRIVE BY OFFERS ONLY SUBJECT TO INSPECTION AND APPROVAL. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Scott Bowers

Bowers Residential Real Estate Listed on: 03/01/2014

Last Buyer's Agent

Keith Duncan

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1990

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • 1,048 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Fuel Expense $1,740
  • Insurance Expense $600
  • Water Sewer Expense $1,527
  • Gross Income $12,600
  • Net Operating Income $7,911

Listing and Financial Details

  • $822 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: E60' OF W1408' OF N83.34' OF S390.75' OF SW4
  • List Price per Sq Ft: 64.21
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 400.00
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1048.00
  • Interior Steps: No

Exterior Features

  • Construction: Frame

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Evaporative Cooling, Wall Unit(s)
  • Main Heating: Baseboard
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 1740.00
  • Expenses Taxes Assessments: 822.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.11
  • Lot Dimensions: IRR
  • Lot Size Price Sq Ft: 13.46
  • Lot Sq Ft: 5000.00
  • Lot Sz Sold Prc Sq Ft: 13.46
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1990

Tax Info

  • Tax Code: 113-04-335A
  • Taxes: 822.47
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Shaw Robert
Bought by
Ras Investment Properties Llc
Current Estimated Value
$285,999

Purchase Details

Listed on
Mar 1, 2014
Closed on
Mar 20, 2014
Sold by
Nielsen Hans and Deno Cynthia
Bought by
Shaw Robert
Seller's Agent
Scott Bowers
Bowers Residential Real Estate
Buyer's Agent
Keith Duncan
Ochoa Realty & Property Management
List Price
$67,295
Sold Price
$67,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$189,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2012
Sold by
Deno Cynthia
Bought by
Nielsen Hans

Purchase Details

Closed on
Jan 11, 2005
Sold by
Masadi Investment Group
Bought by
Nielsen Hans and Deno Cynthia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ras Investment Properties Llc -- --
Shaw Robert $252,095 First American Title Ins Co
Nielsen Hans -- None Available
Nielsen Hans $265,000 Ticor
Nielsen Hans $265,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Robert $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $67,295 0.0% $64 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $67,295 -- $64 / Sq Ft
Source: MLS of Southern Arizona

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 $1,196 $9,715 -- --
2024 $1,152 $9,252 -- --
2023 $1,116 $8,811 $0 $0
2022 $1,106 $8,392 $0 $0
2021 $1,082 $7,612 $0 $0
2020 $1,076 $9,623 $0 $0
2019 $1,048 $9,115 $0 $0
2018 $1,014 $6,575 $0 $0
2017 $997 $6,575 $0 $0
2016 $960 $6,262 $0 $0
2015 $912 $5,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21406433

MLS of Southern Arizona

APN: 113-04-335A