NOT LISTED FOR SALE

Estimated Value: $508,000 - $686,000

16 Beds
8 Baths
3,330 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $950,000 $285 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $3,303/month

40 Days on Market

Highlights

  • Deck
  • Balcony
  • Bathtub with Shower
  • Modern Architecture
  • Family Room Off Kitchen
  • Laundry closet

About This Home

As of March 2022

*Turn Key* Four 4 bed 2 bath homes, all separately metered on two parcels 1-mile north of the University of Arizona. All homes are currently leased with rental rates ranging from $1,750 to $1,950 per month. Potential to increase rents as leases reset. 5.75% cap rate on actuals. Don't miss this opportunity to add fantastic cash flowing properties to your portfolio!

Last Agent to Sell the Property

Ben Riehle

Keller Williams Southern Arizona Listed on: 02/03/2022

Keller Williams Southern Arizona

Last Buyer's Agent

Peter Deluca

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1999

Lot Details

  • 7,356 Sq Ft Lot
  • Lot Dimensions are 100' x 130'
  • Paved or Partially Paved Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Modern Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 3,330 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Parking Pad

Outdoor Features

  • Balcony
  • Deck

Location

  • Ground Level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $6,390 special tax assessment

Community Details

Overview

  • Brunhilda Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $3,480
  • Maintenance Expense $6,960
  • Professional Management Expense $7,830
  • Gross Income $7,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Modern
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: BRUNHILDA LOT 3 BLK 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 270.27
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units Other: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3330.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Balcony, Deck
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 6960.00
  • Expenses Other Expenses: 1740.00
  • Expenses Taxes Assessments: 6390.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 100' x 130'
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 122.35
  • Lot Sq Ft: 7356.00
  • Lot Sz Sold Prc Sq Ft: 129.15
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1999

Rental Info

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

Tax Info

  • Tax Code: 113-09-3130
  • Taxes: 3195.15
  • Tax Year: 2021
  • 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

Closed on
Mar 3, 2023
Sold by
Dertzbaugh Jay
Bought by
East Water Street Llc
Current Estimated Value
$557,482

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 14, 2022
Sold by
Water Fremont Llc
Bought by
Dertzbaugh Jay
Seller's Agent
Ben Riehle
Keller Williams Southern Arizona
Buyer's Agent
Peter Deluca
Long Realty
List Price
$900,000
Sold Price
$950,000
Premium/Discount to List
$50,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.80%
Original Mortgage
$354,068
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
East Water Street Llc -- --
Dertzbaugh Jay $475,000 Fidelity National Title
Dertzbaugh Jay $475,000 Fidelity National Title
Dertzbaugh Jay $475,000 Fidelity National Title
Dertzbaugh Jay $475,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dertzbaugh Jay $354,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $950,000 +5.6% $285 / Sq Ft
02/03/2022 02/03/22 For Sale $900,000 -- $270 / 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 $3,195 $28,683 -- --
2024 $3,195 $27,318 -- --
2023 $3,195 $26,017 -- --
2022 $3,264 $24,778 $0 $0
2021 $3,195 $22,474 $0 $0
2020 $3,176 $22,474 $0 $0
2019 $3,094 $30,030 $0 $0
2018 $2,994 $19,414 $0 $0
2017 $2,942 $19,414 $0 $0
2016 $2,790 $18,490 $0 $0
2015 $2,703 $17,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22202973

MLS of Southern Arizona

APN: 113-09-3140