NOT LISTED FOR SALE

Estimated Value: $275,070 - $389,000

4 Beds
2 Baths
1,718 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $322,500 $188 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,916/month

20 Days on Market

Highlights

  • 0.16 Acre Lot
  • Ranch Style House
  • Double Pane Windows
  • Mountain View
  • Stainless Steel Appliances
  • Bathtub with Shower

About This Home

As of August 2023

Take advantage of Tucson's thriving real estate market and secure this promising property today. Don't miss out on the chance to own a great investment and enjoy the benefits of central Tucson living! Each unit has updated 2 bedrooms and 1 bathroom, with a private fenced yard, and designated laundry space. Situated in a highly sough-after area, this gem offers proximity to bustling downtown Tucson, the University of Arizona, vibrant cultural attractions, and renowned educational institutions. Tenants will relish the ease of access to shopping, dining, and entertainment options nearby. ASSUMABLE FHA LOAN Opportunity @ 2.75%!

Last Agent to Sell the Property

Michelle Genardini

Coldwell Banker Realty Listed on: 07/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Daniel Yang

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1959

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 115 x 56 x 116 x 56
  • Wood Fence
  • Chain Link Fence

Home Design

  • Duplex
  • Ranch Style House
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,718 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Gas Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Pedestal Sink
  • Dual Flush Toilets
  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Driveway

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Community Details

Overview

  • Unsubdivided Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $1,621
  • Maintenance Expense $5,306
  • Water Sewer Expense $960
  • Gross Income $30,000
  • Net Operating Income $22,113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: E60' S117.5' N624.88' W2 Sw4 Se4 Nw4 Exc Prince Rd S .16 Sec 30-13-14
  • Attached Detached: Attached
  • List Price per Sq Ft: 192.08
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 1250.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows
  • Floor Covering Other: Laminate
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1718.00
  • Bathroom Features: Pedestal Sink(s), Shower & Tub/Hall, Shower Only/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Decorative Gravel
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 2

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security Other: Security Screen Door
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1621.00
  • Expenses Maintenance Supplies: 5306.00

Green Features

  • Green Features: Dual-Flush Toilets

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: 115 x 56 x 116 x 56
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 48.57
  • Lot Sq Ft: 6795.00
  • Lot Sz Sold Prc Sq Ft: 47.46
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1959

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Tenant
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 113-02-164A
  • Taxes: 1663.90
  • Tax Year: 2023
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 1, 2023
Sold by
Vallejo Michael
Bought by
Li
Seller's Agent
Michelle Genardini
Coldwell Banker Realty
Buyer's Agent
Daniel Yang
Coldwell Banker Realty
List Price
$330,000
Sold Price
$322,500
Premium/Discount to List
-$7,500
-2.27%
Views
9
Current Estimated Value
$337,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,268
Avg. Annual Appreciation
1.91%
Original Mortgage
$100,000
Outstanding Balance
$82,943
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$254,825

Purchase Details

Listed on
Jul 13, 2023
Closed on
Jul 29, 2023
Sold by
Vallejo Michael
Bought by
Li
Seller's Agent
Michelle Genardini
Coldwell Banker Realty
Buyer's Agent
Daniel Yang
Coldwell Banker Realty
List Price
$330,000
Sold Price
$322,500
Premium/Discount to List
-$7,500
-2.27%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$82,943
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$254,825

Purchase Details

Closed on
Nov 13, 2020
Sold by
Tem Rentals Llc
Bought by
Vallejo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
2.8%
Mortgage Type
FHA
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
Li $322,500 Catalina Title Agency
Li $322,500 Catalina Title Agency
Vallejo Michael $225,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li $100,000
Previous Owner Vallejo Michael $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $322,500 -2.3% $188 / Sq Ft
07/13/2023 07/13/23 For Sale $330,000 0.0% $192 / Sq Ft
05/05/2017 05/05/17 Rented $721 0.0% --
04/05/2017 04/05/17 Under Contract -- -- --
04/03/2017 04/03/17 For Rent $721 +10.9% --
02/26/2016 02/26/16 Rented $650 0.0% --
01/27/2016 01/27/16 Under Contract -- -- --
11/30/2015 11/30/15 For Rent $650 -6.5% --
08/22/2014 08/22/14 Rented $695 0.0% --
07/23/2014 07/23/14 Under Contract -- -- --
06/23/2014 06/23/14 For Rent $695 0.0% --
04/18/2014 04/18/14 Sold $112,000 0.0% $65 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $112,000 -- $65 / 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 $1,800 $14,622 -- --
2024 $1,629 $13,925 -- --
2023 $1,629 $13,262 -- --
2022 $1,664 $12,631 $0 $0
2021 $1,629 $11,456 $0 $0
2020 $1,619 $11,631 $0 $0
2019 $1,577 $10,911 $0 $0
2018 $1,529 $9,916 $0 $0
2016 $1,437 $9,444 $0 $0
2015 $1,376 $8,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22315029

MLS of Southern Arizona

APN: 113-02-164A