K
Seller's Agent in 2021
Kelli Eastburn
Peak Realty Investments
111 W 27th St Tucson, AZ 85713
Estimated Value: $215,000 - $283,000
4
Beds
3
Baths
1,688
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Eat-In Kitchen
- Bathtub with Shower
- Ranch Style House
- Double Pane Windows
- 4-minute walk to Ochoa Park
About This Home
As of March 2021So you don't like Section 8 housing? How about now with recent moratorium on evictions for non-section8??? 9.5% CAP RATE!!! LONG TERM SECTION 8 TENANTS. Front tenant 15 years, back tenant 5 years! Rent comes in like clockwork and you don't have to deal with annoying turnover!! This is the easiest rental you will ever own! Homes have their own private entrance. Property completely fenced. Regular inspections by City of South Tucson insure property kept in top condition. Dual pane windows, back house has newer AC. Polished concrete floors in front house. Newer kitchens and baths in both homes. Roofs are in good shape, well maintained. Effective year built is 2006.
Last Agent to Sell the Property
Kelli Eastburn
Peak Realty Investments Listed on: 01/27/2021
Co-Listed By
Jill Wheatley
Peak Realty Investments
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,539
Year Built
- Built in 1948
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 46x149
- Chain Link Fence
- Back and Front Yard
Home Design
- Duplex
- Ranch Style House
- Split Level Home
- Frame With Stucco
- Rolled or Hot Mop Roof
Interior Spaces
- Bathtub with Shower
- 1,688 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Living Room
- Fire and Smoke Detector
- Eat-In Kitchen
- Laundry closet
Flooring
- Concrete
- Ceramic Tile
Parking
- 4 Parking Spaces
- No Driveway
Schools
- Ochoa Elementary School
- Safford K-8 Magnet Middle School
- Catalina High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- North or South Exposure
- Patio
- Ground Level
Listing and Financial Details
- $523 special tax assessment
Community Details
Overview
- Southern Heights Addition Subdivision
- The community has rules related to deed restrictions
Building Details
- Insurance Expense $600
- Water Sewer Expense $960
- Gross Income $19,644
- Net Operating Income $17,561
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2023
Sold by
Cepin Blanca
Bought by
Cepin Joel
Current Estimated Value
Purchase Details
Listed on
Jan 27, 2021
Closed on
Mar 24, 2021
Sold by
Hennessy Michael and Hennessy Angela
Bought by
Cepin Blanca and Cepin Joel
Seller's Agent
Kelli Eastburn
Peak Realty Investments
Buyer's Agent
Vickie Jacobs
Tierra Antigua Realty
List Price
$165,000
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Purchase Details
Closed on
Jul 11, 2006
Sold by
Berlin Dan
Bought by
Hennessy Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2006
Sold by
Berlin Karen
Bought by
Berlin Dan
Purchase Details
Closed on
Jul 23, 2004
Sold by
Morales Josephina S
Bought by
Morales Leonardo
Purchase Details
Closed on
Jul 20, 2004
Sold by
Morales Leonardo
Bought by
Harvest Properties Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cepin Joel | -- | None Listed On Document | |
| Cepin Blanca | -- | Fidelity National Title | |
| Hennessy Michael | $230,000 | Tlati | |
| Berlin Dan | -- | Stewart Title | |
| Berlin Dan | $122,500 | Stewart Title | |
| Morales Leonardo | -- | -- | |
| Harvest Properties Inc | -- | -- | |
| Harvest Properties Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hennessy Michael | $218,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2021 03/26/21 | Sold | $165,000 | 0.0% | $98 / Sq Ft |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- |
| 01/27/2021 01/27/21 | For Sale | $165,000 | -- | $98 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $1,589 | $14,344 | -- | -- |
| 2024 | $1,589 | $13,661 | -- | -- |
| 2023 | $1,589 | $13,011 | -- | -- |
| 2022 | $1,578 | $12,391 | $0 | $0 |
| 2021 | $1,589 | $11,239 | $0 | $0 |
| 2020 | $1,539 | $11,239 | $0 | $0 |
| 2019 | $1,520 | $13,402 | $0 | $0 |
| 2018 | $1,480 | $3,430 | $0 | $0 |
| 2017 | $523 | $3,430 | $0 | $0 |
| 2016 | $501 | $3,267 | $0 | $0 |
| 2015 | $567 | $3,627 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2021
Jill Wheatley
Peak Realty Investments
-
Vickie Jacobs
Buyer's Agent in 2021
Vickie Jacobs
Tierra Antigua Realty
(520) 331-3044
1 in this area
45 Total Sales
Map
Source: MLS of Southern Arizona
MLS Number: 22102228
APN: 118-22-2460
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