NOT LISTED FOR SALE

Estimated Value: $413,000 - $683,000

2 Beds
1 Bath
2,760 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2017

Last sale price $255,000 $92 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,894 / mo

92 Days on Market

About This Home

As of June 2017

Tenants will allow showing with a 48 hr notice. Unit 2 is Vacant and easy to show, call listing agent for showing instructions. Great location close to Mountain and the Cat Tran. Biking distance to the U of A. Large lot with plenty of parking spaces. All units have their own washer/Dryer hook ups within units. One meter for water, tenants split water bill 3 ways. Scored concrete floors, central a/c, fenced yards, garbage disposals in all units, Two 2 Bedroom 2 Bath and One 3 Bedroom, 2 Bath, Glass French door off MB.

Last Agent to Sell the Property

Flo Lehnus

Tucson Realty Solutions Listed on: 03/09/2017

Co-Listed By

Mary Jane Kurkjian

Tucson Realty Solutions License #BR004941000

Last Buyer's Agent

Mary Jane Kurkjian

Tucson Realty Solutions License #BR004941000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 26 Sq Ft Lot
  • Lot Dimensions are 80.89' x 116.00'

Home Design

  • 2,760 Sq Ft Home
  • Triplex
  • Frame With Stucco
  • Frame Construction

Utilities

  • Air Source Heat Pump

Community Details

  • Insurance Expense $842
  • Maintenance Expense $3,600
  • Other Expense $201
  • Professional Management Expense $2,297
  • New Taxes Expense $2,272
  • Operating Expense $10,776
  • Gross Income $25,499
  • Net Operating Income $14,723

Listing and Financial Details

  • $2,272 special tax assessment

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

26 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent Two Bedroom: 675.0
  • Unit Info Average Monthly Rent Three Bedroom: 775.0
  • Lot Size: 80.89' X 116.00'
  • CapRate: 5.77
  • Professional Management Expense: 2296.5
  • Supplies Expense: 3600.0
  • Co List Office Mls Id: 5244
  • Co List Office Phone: 520-812-7763
  • Co List Office Mls Id: 5244
  • Subdivision Name: Catalina Poultry Acres NO 1
  • General Property Information: List Price/SqFt: 93.84
  • General Property Information: Lot Size Price/SqFt: 26.67
  • Special Features: None

Exterior Features

  • Construction Type: Frame - Stucco

Utilities

  • Miscellaneous Master Water Meter: Yes
  • Utilities: Sewer Connected
  • Cooling: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Admin Expenses: 642.0
  • Expenses Contract Services: 922.46
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 3600.0
  • Expenses Other Expenses: 201.0
  • Expenses Taxes Assessments: 2272.01

Lot Info

  • Lot Size Sq Ft: 26.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 2000

Tax Info

  • Tax Year: 2016
  • New Taxes Expense: 2272.01

Multi Family

  • Annual Gross Income: 25499.0
  • Insurance Expense: 842.0
  • Property Net Operating Income: 14723.03
  • Annual Operating Expense: 10775.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jun 9, 2017
Sold by
French Thomas R and French Dorothy
Bought by
Derrick Susan R
Seller's Agent
Flo Lehnus
Tucson Realty Solutions
Buyer's Agent
Mary Jane Kurkjian
Tucson Realty Solutions
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$506,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,898
Avg. Annual Appreciation
8.06%
Original Mortgage
$250,381
Outstanding Balance
$204,642
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$302,256

Purchase Details

Closed on
Jun 14, 2004
Sold by
Eggman Connie M
Bought by
French Thomas R and French Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Derrick Susan R $255,000 Stewart Title & Tr Of Tucson
French Thomas R $250,000 --
French Thomas R $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrick Susan R $250,381
Previous Owner French Thomas R $198,000
Closed French Thomas R $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $255,000 0.0% $92 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $255,000 -- $92 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $2,489 $24,317 -- --
2025 $2,489 $23,159 -- --
2024 $2,394 $22,056 -- --
2023 $2,314 $21,006 $0 $0
2022 $2,293 $20,005 $0 $0
2021 $2,262 $18,145 $0 $0
2020 $2,249 $22,853 $0 $0
2019 $2,189 $22,264 $0 $0
2018 $2,112 $15,675 $0 $0
2017 $2,376 $15,675 $0 $0
2016 $2,272 $14,928 $0 $0
2015 $2,202 $14,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21706694

MLS of Southern Arizona

APN: 113-08-060B

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