NOT LISTED FOR SALE

1101 E 12th St Tucson, AZ 85719

Iron Horse Neighborhood

Estimated Value: $504,226 - $860,000

-- Bed
-- Bath
3,528 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $275,000 $78 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,533/month

221 Days on Market

About This Home

As of August 2015

Fourplex centrally located near the university, downtown, the Arroyo Chico bike path and the interstate. Location, location, location! These 2 BR, 1 and 1/2 bath units have A/C, colored concrete or tile floors throughout, and updated kitchen appliances. This is a two story building with each unit having an upstairs. All tenants have been long term with an average rent of $575. Rents could easily be raised because of the amenities and location. These units are in good condition. Easy care units! Offers considered $280,000-300,000.

Last Agent to Sell the Property

John Hauptman

Realty Executives Arizona Territory Listed on: 01/15/2015

Realty Executives Arizona Territory

Co-Listed By

David Painter

Realty Executives Arizona Territory

Last Buyer's Agent

Non Member

TUCSON ASSOCIATION OF REALTORS INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1983

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 120x50

Home Design

  • 3,528 Sq Ft Home
  • Quadruplex

Utilities

  • Heat Pump System

Listing and Financial Details

  • $1,892 special tax assessment

Community Details

Overview

  • University Heights Subdivision

Building Details

  • Fuel Expense $360
  • Insurance Expense $720
  • Maintenance Expense $500
  • Water Sewer Expense $2,040
  • Gross Income $27,048
  • Net Operating Income $21,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,892

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Lot 9, in Block 45, of University Heights Addition, according to PC Recorder, recorded in Book 3 of Maps, Page 102
  • List Price per Sq Ft: 79.37
  • Unit Info Average Monthly Rent Two Bedroom: 575.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3528.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 360.00
  • Expenses Maintenance Supplies: 500.00
  • Expenses Taxes Assessments: 1892.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.13
  • Lot Dimensions: 120x50
  • Lot Size Price Sq Ft: 49.44
  • Lot Sq Ft: 5663.00
  • Lot Sz Sold Prc Sq Ft: 48.56
  • Municipality Zoning: Tucson - C3

Building Info

  • Year Built: 1983

Tax Info

  • Tax Code: 124-12-029A
  • Taxes: 1891.52
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Aug 21, 2015
Sold by
Glenn Lester
Bought by
Walker Vernon
Seller's Agent
John Hauptman
Realty Executives Arizona Territory
Buyer's Agent
Non Member
TUCSON ASSOCIATION OF REALTORS INC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$629,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,557
Avg. Annual Appreciation
8.40%
Original Mortgage
$206,250
Outstanding Balance
$162,325
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$467,232

Purchase Details

Closed on
Mar 16, 2001
Sold by
Guyton Batista Barbara A
Bought by
Glenn Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,511
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Walker Vernon $275,000 Stewart Title & Trust Tucson
Walker Vernon $275,000 Stewart Title & Trust Tucson
Glenn Lester $141,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Vernon $206,250
Closed Walker Vernon $206,250
Previous Owner Glenn Lester $139,511
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $275,000 0.0% $78 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $275,000 -- $78 / 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 $2,623 $19,826 -- --
2024 $2,372 $18,882 -- --
2023 $2,372 $17,982 -- --
2022 $2,385 $17,126 $0 $0
2021 $2,372 $15,534 $0 $0
2020 $2,299 $21,311 $0 $0
2019 $2,269 $21,295 $0 $0
2018 $2,220 $13,419 $0 $0
2017 $2,207 $13,419 $0 $0
2016 $2,170 $12,780 $0 $0
2015 $2,105 $12,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Hauptman

    Realty Executives Arizona Territory

    (520) 419-3989

    1 Total Sale

    John Hauptman
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    David Painter

    Realty Executives Arizona Territory

  • N

    Buyer's Agent in 2015

    Non Member

    TUCSON ASSOCIATION OF REALTORS INC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21501505

MLS of Southern Arizona

APN: 124-12-029A

Arizona Pima County Tucson 85719 Iron Horse

1101 E 12th St, Tucson, AZ

Not Listed for Sale

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