NOT LISTED FOR SALE

Estimated Value: $323,000 - $357,459

4 Beds
2 Baths
1,560 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $199,500 $128 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,007/month

13 Days on Market

Highlights

  • RV Parking in Community
  • Covered Patio or Porch
  • Bathtub with Shower
  • 0.32 Acre Lot
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2018

Two identical homes built in 2016 on large lot that can be subdivided. Each home is rented at $750 per month and has Two bedrooms, 1 bath, Heatpump, tile flooring, stove, refrigerator, fenced yard, separate utilities, separate sewer connections and are 780 sq. ft. each. Built with all city permits and occupancy certificates . Property zoning allows lot to be split and two more homes can be built to increase rental income. Seller will finance with $40,000 down and interest only note at 6% with 3 year stop. Great potential for buyer to establish rental history and use property income to secure long term financing.

Last Agent to Sell the Property

William Kent

Veterans Properties, Inc. Listed on: 04/17/2018

Last Buyer's Agent

Monica Yrigoyen

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 2016

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,560 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Electric Range

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Schools

  • Kellond Elementary School
  • Safford K-8 Magnet Middle School
  • Pueblo High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • $1,869 special tax assessment

Community Details

Overview

  • Mirasol Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $680
  • Professional Management Expense $1,440
  • Gross Income $18,000
  • Net Operating Income $14,011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,869

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Mirasol Addition lots 13,14,15, 16 BLK 19
  • Attached Detached: Detached
  • List Price per Sq Ft: 127.88
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 750.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1560.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Frame
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Heat Pump
  • 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: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1869.00

Schools

  • School District: TUSD
  • Elementary School: Kellond
  • Middle School: Safford K-8 Magnet
  • High School: Pueblo

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.32
  • Lot Dimensions: 100x140
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 14.31
  • Lot Sq Ft: 13939.00
  • Lot Sz Sold Prc Sq Ft: 14.31
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2016

Rental Info

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

Tax Info

  • Tax Code: 129-12-2100
  • Taxes: 1869.01
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Safford K-8 Magnet
  • Elementary School: Kellond
  • High School: Pueblo
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Denose Richard Anthony
Bought by
Verdugo Chris
Current Estimated Value
$345,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$359,514
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$13,879

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 22, 2018
Sold by
Dunphy Michael and Dunphy Juditha
Bought by
Denose Richard Anthony
Seller's Agent
William Kent
Veterans Properties, Inc.
Buyer's Agent
Monica Yrigoyen
Long Realty
List Price
$199,500
Sold Price
$199,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$159,500
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2015
Sold by
Smith Thomas Ray and Smith Ozie Lee
Bought by
Dunphy Michael and Dunphy Juditha
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 Buyer Sale Price Title Company
Verdugo Chris $370,000 Catalina Title Agency
Denose Richard Anthony $199,500 Signature Title Agency Of Ar
Dunphy Michael $30,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdugo Chris $363,298
Previous Owner Denose Richard Anthony $159,750
Previous Owner Denose Richard Anthony $159,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $199,500 0.0% $128 / Sq Ft
04/17/2018 04/17/18 For Sale $199,500 0.0% $128 / Sq Ft
11/01/2017 11/01/17 Rented $750 0.0% --
11/01/2017 11/01/17 For Rent $750 -- --
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 $2,008 $16,790 -- --
2024 $2,008 $15,990 -- --
2023 $2,008 $15,229 -- --
2022 $2,020 $14,504 $0 $0
2021 $2,008 $13,155 $0 $0
2020 $1,947 $13,155 $0 $0
2019 $1,922 $15,406 $0 $0
2018 $1,880 $11,364 $0 $0
2017 $1,869 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21810994

MLS of Southern Arizona

APN: 129-12-2100