NOT LISTED FOR SALE

Estimated Value: $237,000 - $426,000

5 Beds
4 Baths
3,640 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $417,500 $115 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,664/month

116 Days on Market

Highlights

  • 0.34 Acre Lot
  • Covered patio or porch
  • Walk-In Pantry
  • Mountain View
  • Breakfast Area or Nook
  • Jogging Path

About This Home

As of January 2020

Rare opportunity to own newer townhouses in a great east side location. Short walk to The Loop offering miles of biking and hiking trails. Easy access to the UofA. Subject property consists of two 3BR/2BA 2 story townhouses with approx 1310 sq ft each & one single story 2BR/2BA townhouses with approx 1020 sq ft each. The townhouses have nice kitchens, living room, dining area, 2 bathrooms, some have stained concrete floors, all have laundry hookups, storage room, private walled rear yards, and covered patio. Each townhouse has 2 designated covered parking spots and their own individual gas, electric and water meter and tax code. Freshly painted exteriors, roofs serviced. Seller prefers to sell the adjacent 3 TH's at the same time. See MLS 21917431.

Last Agent to Sell the Property

Vincent Yackanin

Long Realty Company Listed on: 09/16/2019

Last Buyer's Agent

Matt Bollinger

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Block Wall Fence
  • Shrub
  • Landscaped with Trees
  • Back and Front Yard

Home Design

  • Triplex
  • Patio Home
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 3,640 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry closet
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 16 Parking Spaces
  • Carport
  • Driveway

Accessible Home Design

  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Bloom Elementary School
  • Magee Middle School
  • Sahuaro High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $3,000 special tax assessment

Community Details

Overview

  • Property has a Home Owners Association
  • Cypress Village Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Jogging Path

Building Details

  • Fuel Expense $500
  • Insurance Expense $1,500
  • Maintenance Expense $2,500
  • Water Sewer Expense $750
  • Gross Income $34,750
  • Net Operating Income $24,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Patio Home
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: Entry, Wide Doorways, Wide Hallways
  • Legal Description: Cypress Village Lots 3,4,5Multiple tax codes.
  • Attached Detached: Detached
  • List Price per Sq Ft: 122.94
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Skylights, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Concrete
  • Gross Sq Ft: 3640.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Pantry: Closet
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: Storage
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Low Care, Shrubs, Trees
  • Landscape Rear: Low Care, Trees
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: HOA
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: Shed

Garage/Parking

  • Total Parking: 16

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Gas Pac
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: Yes
  • HOA Payment Frequency: Quarterly
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Jogging/Bike Path

Fee Information

  • Expenses Admin Expenses: 250.00
  • Expenses Capital Expenses: 1500.00
  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 500.00
  • Expenses Maintenance Supplies: 2500.00
  • Expenses Taxes Assessments: 3000.00

Schools

  • School District: TUSD
  • Elementary School: Bloom
  • Middle School: Magee
  • High School: Sahuaro

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.34
  • Lot Dimensions: Various sizes plus large common area.
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 30.24
  • Lot Sq Ft: 14800.00
  • Lot Sz Sold Prc Sq Ft: 28.21
  • Municipality Zoning: Tucson - 03
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2002

Rental Info

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

Tax Info

  • Tax Code: 133-23-3350
  • Taxes: 3000.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Magee
  • Elementary School: Bloom
  • High School: Sahuaro
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Jan 7, 2020
Sold by
Lecocq Albert B and Lecocq Carolyn A
Bought by
Arender James D and Arender Phoebe
Seller's Agent
Vincent Yackanin
Long Realty Company
Buyer's Agent
Matt Bollinger
Long Realty
List Price
$417,500
Sold Price
$417,500
Current Estimated Value
$300,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,375
Avg. Annual Appreciation
-5.89%
Original Mortgage
$571,000
Outstanding Balance
$509,865
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$209,740
Source: Public Records

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Range of Values:

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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
Arender James D $835,000 Long Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arender James D $571,000
Previous Owner Lecocq Albert B $96,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $417,500 0.0% $115 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $417,500 -- $115 / 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
2024 $857 $6,431 -- --
2023 $812 $6,124 $0 $0
2022 $812 $5,833 $0 $0
2021 $808 $5,291 $0 $0
2020 $783 $5,291 $0 $0
2019 $773 $5,039 $0 $0
2018 $989 $5,979 $0 $0
2017 $983 $5,979 $0 $0
2016 $1,001 $6,005 $0 $0
2015 $975 $5,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21924162

MLS of Southern Arizona

APN: 133-23-3350