NOT LISTED FOR SALE

Estimated Value: $311,844 - $424,000

-- Bed
2 Baths
4,412 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $500,000 $113 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $2,120/month

28 Days on Market

Highlights

  • 0.42 Acre Lot
  • Finished Attic
  • Central Air

About This Home

As of August 2017

4 units, 3 tax codes. Central Tucson just off the mountain Bike paths to U of A. Near Tucson Mall and Campbell Corridor. Duplex and 2 single family residence, each on their own lot for easy financing. All utilities paid by the tenants. Flooring wood, concrete & tile. House built in 2005

Last Agent to Sell the Property

Tony Reed

Long Realty Company Listed on: 07/25/2017

Last Buyer's Agent

Tony Reed

Long Realty Company CLOSED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 99 x 184.36

Home Design

  • Quadruplex
  • Frame With Stucco

Interior Spaces

  • 4,412 Sq Ft Home
  • Finished Attic

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • $3,642 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision

Building Details

  • Insurance Expense $5,800
  • Gross Income $51,000
  • Net Operating Income $39,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,642

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Long Legal
  • List Price per Sq Ft: 119.90
  • Unit Info Average Monthly Rent One Bedroom: 750.00
  • Unit Info Average Monthly Rent Three Bedroom: 1140.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units3 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Furnished
  • Gross Sq Ft: 4412.00
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 1791.00
  • Expenses Taxes Assessments: 3642.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.42
  • Lot Dimensions: 99 x 184.36
  • Lot Size Price Sq Ft: 28.87
  • Lot Sq Ft: 18325.00
  • Lot Sz Sold Prc Sq Ft: 27.29
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 2005

Tax Info

  • Tax Code: 113-04-275B
  • Taxes: 3642.00
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 29, 2017
Sold by
Pavon Michael Gordon and Pavon Ilene G
Bought by
Ross Shane and Ross Brittany
Seller's Agent
Tony Reed
Long Realty Company
Buyer's Agent
Tony Reed
Long Realty Company CLOSED
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$369,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,539
Avg. Annual Appreciation
-3.59%

Purchase Details

Closed on
Aug 29, 2012
Sold by
Pavon Michael Gordon and Pavon Ilene G
Bought by
Pavon Michael Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,152
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Pavon Michael and Pavon Ilene
Bought by
Pavon Michael Gordon and Pavon Ilene G

Purchase Details

Closed on
Oct 4, 2005
Sold by
Pavon Michael
Bought by
Pavon Michael and Pavon Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2005
Sold by
Tennant Bruce D and Tennant Rose Ann
Bought by
Pavon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2004
Sold by
Lawrence Rick L and Lawrence Holly L
Bought by
Tennant Bruce D and Tennant Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Buckner William
Bought by
Lawrence Rick L and Lawrence Holly L
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
Ross Shane $500,000 Title Security Agency Llc
Pavon Michael Gordon -- Stewart Title & Trust Of Tuc
Pavon Michael Gordon -- Stewart Title & Trust Of Tuc
Pavon Michael Gordon -- None Available
Pavon Michael Gordon -- None Available
Pavon Michael -- --
Pavon Michael -- --
Pavon Michael $199,900 --
Pavon Michael -- --
Pavon Michael -- --
Pavon Michael $199,900 --
Tennant Bruce D $179,900 Ticor
Lawrence Rick L $53,500 Long Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pavon Michael Gordon $139,152
Previous Owner Pavon Michael $149,925
Previous Owner Tennant Bruce D $161,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $500,000 0.0% $113 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $500,000 -- $113 / 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 $2,125 $17,266 -- --
2024 $1,984 $16,444 -- --
2023 $1,984 $15,661 $0 $0
2022 $1,965 $14,915 $0 $0
2021 $1,923 $13,528 $0 $0
2020 $1,912 $13,528 $0 $0
2019 $1,862 $16,775 $0 $0
2018 $1,802 $11,686 $0 $0
2017 $1,771 $11,686 $0 $0
2016 $1,674 $11,130 $0 $0
2015 $1,621 $10,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21719605

MLS of Southern Arizona

APN: 113-04-275B