$300,000
SOLD APR 14, 2016
-- Bed
-- Bath
11,420 Sq Ft
2 Acres

Recently Sold

$26 Per Sq Ft

39 Days on Market

Highlights

  • 2 Acre Lot
  • Finished Attic
  • Forced Air Heating System

About This Home

As of June 2016

***PRICE REDUCTION OF $50,000.00*** ON MARCH 12, 2016 HAS BROUGHT THE PROFITABILITY OF THIS COMPLEX TO A VERY DESIROUS LEVEL. 14 Apts (six 2 bd and 8 1 bd) and 16 Storage Units that generate approx $9500.00 per month. Current Owner/Operator is onsite daily and is available. Please contact Listing Agent for more information and to schedule a showing. The complex is now fully rented as of Feb 23, 2016.

Last Agent to Sell the Property

Murray McClelland

Realty Executives Arizona Territory Listed on: 02/19/2016

Last Buyer's Agent

Murray McClelland

Realty Executives Arizona Territory Listed on: 02/19/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 1969

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 244 x 270

Home Design

  • Frame With Stucco

Interior Spaces

  • 11,420 Sq Ft Home
  • Finished Attic

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $5,100 special tax assessment

Community Details

Overview

  • Sun Sites Heights Subdivision

Building Details

  • Fuel Expense $8,100
  • Insurance Expense $3,000
  • Maintenance Expense $600
  • Water Sewer Expense $1,860
  • Gross Income $112,455
  • Net Operating Income $85,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,914

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Sun Sites Hgts Lot 6 Blk 10 Commcl Val
  • List Price per Sq Ft: 34.14
  • Unit Info Average Monthly Rent One Bedroom: 550.00
  • Unit Info Average Monthly Rent Two Bedroom: 670.00
  • Unit Info Avg Mo Rent Other: 65.00
  • Unit Info Number Of Units1 B R: 8
  • Unit Info Number Of Units2 B R: 6
  • Unit Info Number Of Units Other: 14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Furnished
  • Gross Sq Ft: 11420.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Fire Protection: Included in Taxes
  • Main Cooling: Wall Unit(s)
  • Main Heating: Forced Air, Natural Gas
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 1000.00
  • Expenses Capital Expenses: 1000.00
  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 8100.00
  • Expenses Maintenance Supplies: 600.00
  • Expenses Other Expenses: 5448.00
  • Expenses Taxes Assessments: 5100.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 2.00
  • Lot Dimensions: 244 x 270
  • Lot Size Price Sq Ft: 4.48
  • Lot Sq Ft: 87120.00
  • Lot Sz Sold Prc Sq Ft: 3.44
  • Municipality Zoning: Cochise - SM-36

Building Info

  • Year Built: 1969

Tax Info

  • Tax Code: 114-14-066
  • Taxes: 3914.02
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Moon Alvin H and Alvin Moon Revocabele Living T
Bought by
Mcdougal Joshua Daniel and Mcdougal Sarah Kealynn
Current Estimated Value
$666,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$235,735
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2019
Sold by
Moon Alvin H
Bought by
Moon Alvin and Alvin Moon Revocable Living Tr

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 23, 2016
Sold by
Sunsites Rentals Llc
Bought by
Moon Alvin H
Seller's Agent
Murray McClelland
Realty Executives Arizona Territory
Buyer's Agent
Shelby Shiflet
Keller Williams Southern Arizona
List Price
$365,000
Sold Price
$365,000

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 12, 2016
Sold by
Miller Thomas C and Miller Claire M
Bought by
Sunsites Rentals Llc
Seller's Agent
Murray McClelland
Realty Executives Arizona Territory
Buyer's Agent
Murray McClelland
Realty Executives Arizona Territory
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.44%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Miller Thomas C and Miller Claire M
Bought by
Carter William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.31%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $335,000 Pioneer Title Agency
Interfamily Deed Transfer -- None Available
Cash Sale Deed $365,000 Pioneer Title Agency Inc
Cash Sale Deed $300,000 Pioneer Title Agency Inc
Warranty Deed $625,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,000 Unknown
Previous Owner $550,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $365,000 0.0% $39 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $365,000 +21.7% $39 / Sq Ft
04/14/2016 04/14/16 Sold $300,000 0.0% $26 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $300,000 -- $26 / 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 $1,781 $22,538 $2,100 $20,438
2023 $1,734 $18,663 $2,100 $16,563
2022 $1,706 $17,123 $2,100 $15,023
2021 $1,706 $17,149 $2,100 $15,049
2020 $1,627 $0 $0 $0
2019 $1,559 $0 $0 $0
2018 $1,482 $0 $0 $0
2017 $1,332 $0 $0 $0
2016 $1,275 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21605759

MLS of Southern Arizona

APN: 114-14-067