NOT LISTED FOR SALE

Estimated Value: $441,878 - $592,000

8 Beds
4 Baths
3,080 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2021

Last sale price $455,000 $148 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,014 / mo

19 Days on Market

Highlights

  • 0.28 Acre Lot
  • No HOA
  • Breakfast Area or Nook
  • Southwestern Architecture
  • Covered Patio or Porch
  • Beamed Ceilings

About This Home

As of August 2021

Great investment opportunity in Central Tucson!! 4 Plex that is only 8 minutes to the U of A! Catch the cat train on Mountain or ride your bike! Each unit features its own spacious storage, washer and dryer, covered parking, and covered patios with large yards. All are 2 bedroom 1 bathroom units, with living/dining area, ceramic tile floors, beautiful wood beam ceilings and nice open kitchens. 3 of the units have newer AC units installed 2/2021, roofs re-coated 2018, some windows also replaced with dual pane windows. Great rental history! Hurry before this gets scooped up!

Last Agent to Sell the Property

Trisha Hawkins

OMNI Homes International License #BR555125000 Listed on: 07/23/2021

OMNI Homes International

Co-Listed By

Calvin Case

OMNI Homes International License #BR526589000

Last Buyer's Agent

Kristina Scott

Realty One Group Integrity

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 37 Sq Ft Lot
  • Wood Fence

Home Design

  • Southwestern Architecture
  • Quadruplex
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Primary Bathroom includes a Walk-In Shower
  • 3,080 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Ceramic Tile Flooring
  • Exposed Ceiling

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • 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
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,586 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $500
  • Water Sewer Expense $2,640
  • New Taxes Expense $2,586
  • Operating Expense $27,526
  • Gross Income $35,400
  • Net Operating Income $7,874

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

37 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 000
  • Road Surface Type: Gravel
  • CapRate: 1.73
  • Supplies Expense: 500.0
  • Co List Office Mls Id: 5791
  • Co List Office Phone: 520-474-1777
  • Co List Office Mls Id: 5791
  • Subdivision Name: Other/Unknown
  • General Property Information: List Price/SqFt: 149.03
  • General Property Information: Lot Size Price/SqFt: 37.63
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Appliances: Electric Range, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: None
  • Construction Type: Concrete Block
  • Patio And Porch Features: Covered

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: Dryer Included, Washer Included, Outside
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Capital Expenses: 20000.0
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 500.0
  • Expenses Taxes Assessments: 2585.87
  • Annual Water Sewer Expense: 2640.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: Amphitheater

Lot Info

  • Lot Features: North/South Exposure, Decorative Gravel
  • Lot Size Sq Ft: 37.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1960

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2020
  • New Taxes Expense: 2585.87

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35400.0
  • Insurance Expense: 1800.0
  • Property Net Operating Income: 7874.13
  • Annual Operating Expense: 27525.87

MLS Schools

  • Elementary School: Holaway
  • High School: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 6, 2021
Sold by
Berry Daniel L
Bought by
Maness Bryan C and Maness Anh
Seller's Agent
Trisha Hawkins
OMNI Homes International
Buyer's Agent
Kristina Scott
Realty One Group Integrity
List Price
$455,000
Sold Price
$455,000
Current Estimated Value
$523,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,293
Avg. Annual Appreciation
3.03%
Original Mortgage
$341,250
Outstanding Balance
$307,108
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,185

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 27, 2019
Sold by
Davis Glen W and Putzar Davis Niki M
Bought by
Berry Daniel L and Berry Jason M
Seller's Agent
Maria Powell
Help-U-Sell Galleria Realty
Buyer's Agent
Alexandra Rodriguez
Keller Williams Southern Arizona
List Price
$319,900
Sold Price
$319,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%
Original Mortgage
$325,178
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2007
Sold by
Manning Ruth E
Bought by
Davis Glen W

Purchase Details

Closed on
Jan 9, 2007
Sold by
Manning Ruth E
Bought by
Ruth E Manning Survivors Trust and Manning Ruth E
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
Maness Bryan C -- Fidelity National Title
Maness Bryan C -- Fidelity National Title
Berry Daniel L $319,900 Stewart Title & Tr Of Tucson
Davis Glen W $275,000 Ticor
Ruth E Manning Survivors Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maness Bryan C $341,250
Closed Maness Bryan C $341,250
Previous Owner Berry Daniel L $325,178
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $455,000 0.0% $148 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $455,000 +42.2% $148 / Sq Ft
07/18/2019 07/18/19 Sold $319,900 0.0% $104 / Sq Ft View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $319,900 -- $104 / 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 $2,874 $24,524 -- --
2025 $2,874 $23,356 -- --
2024 $2,602 $22,244 -- --
2023 $2,602 $21,185 -- --
2022 $2,658 $20,176 $0 $0
2021 $2,602 $18,300 $0 $0
2020 $2,586 $21,488 $0 $0
2019 $2,519 $20,351 $0 $0
2018 $2,438 $15,809 $0 $0
2017 $2,396 $15,809 $0 $0
2016 $2,297 $15,056 $0 $0
2015 $2,193 $14,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22118981

MLS of Southern Arizona

APN: 113-02-1530

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