NOT LISTED FOR SALE

1111 E Hedrick Dr Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $248,832 - $385,000

-- Bed
1 Bath
1,574 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $85,000 $54 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,962/month

101 Days on Market

About This Home

As of March 2013

Investment opportunity! This duplex is nestled in a great little neighborhood surrounded by well kept properties and great neighbors. Units have stable rental history, each unit has two bedrooms, separate fenced back yard, laundry hookups, a little paint and cleaning and start getting a return on your investment instantly. Priced to sell!

Last Agent to Sell the Property

Erica Hoffman

Keller Williams Southern Arizona Listed on: 12/04/2012

Last Buyer's Agent

Alex Mastrangelo

Centra Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,574 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system

Community Details

Overview

  • Catalina Poultry Acres No 1 Subdivision

Building Details

  • Professional Management Expense $1,200
  • Gross Income $14,990
  • Net Operating Income $13,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,717

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Catalina Poultry Acres Unit No 4 Lot 38 Esc. N 59'
  • List Price per Sq Ft: 57.12
  • Unit Info Average Monthly Rent Two Bedroom: 575.00
  • Unit Info Average Monthly Rent Three Bedroom: 675.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1574.00

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 600.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.15
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 13.76
  • Lot Sq Ft: 6534.00
  • Lot Sz Sold Prc Sq Ft: 13.01
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1952

Tax Info

  • Tax Code: 113-08-197B
  • Taxes: 1716.57
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
Feb 4, 2013
Sold by
Cook Madelyn W
Bought by
Matthews Elizabeth F and Montazbakhsh Sassan
Seller's Agent
Erica Hoffman
Keller Williams Southern Arizona
Buyer's Agent
Alex Mastrangelo
Centra Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$342,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,458
Avg. Annual Appreciation
11.53%
Original Mortgage
$63,750
Outstanding Balance
$44,811
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$297,647

Purchase Details

Closed on
Oct 21, 2011
Sold by
Cook Madelyn W
Bought by
Cook Madelyn W

Purchase Details

Closed on
Dec 18, 2006
Sold by
Cook James R and Cook Madelyn W
Bought by
Cook James R and Cook Madelyn W

Purchase Details

Closed on
Jan 20, 2004
Sold by
Wright Mark and Wright Mary Lou
Bought by
Cook James R and Cook Madelyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Black Carl and Black Krystal
Bought by
Wright Mark and Wright Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2001
Sold by
Smith Joan M
Bought by
Black Carl and Black Krystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.88%
Mortgage Type
New Conventional
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
Matthews Elizabeth F $85,000 First American Title Ins Co
Cook Madelyn W -- None Available
Cook James R -- None Available
Cook James R $140,000 --
Cook James R $140,000 --
Wright Mark $85,000 --
Black Carl $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Elizabeth F $63,750
Previous Owner Cook James R $82,000
Previous Owner Wright Mark $76,500
Previous Owner Black Carl $67,200
Closed Black Carl $16,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2013 03/18/13 Sold $85,000 0.0% $54 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $85,000 -- $54 / 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 $2,015 $16,370 -- --
2024 $1,940 $15,591 -- --
2023 $1,881 $14,848 $0 $0
2022 $1,863 $14,141 $0 $0
2021 $1,824 $12,826 $0 $0
2020 $1,812 $13,614 $0 $0
2019 $1,766 $13,602 $0 $0
2018 $1,709 $11,080 $0 $0
2017 $1,679 $11,080 $0 $0
2016 $1,605 $10,552 $0 $0
2015 $1,347 $10,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Erica Hoffman

    Keller Williams Southern Arizona

  • A

    Buyer's Agent in 2013

    Alex Mastrangelo

    Centra Realty

  • A

    Buyer's Agent in 2013

    Alexander Chavez

    Habitation Realty ERA Powered

    (520) 647-9503

    25 Total Sales

    Alexander Chavez
    Section Image

  • t

    Buyer's Agent in 2013

    tar.rets.12803

    tar.rets.RETS_OFFICE

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Map

Source: MLS of Southern Arizona

MLS Number: 21229745

MLS of Southern Arizona

APN: 113-08-197B

Arizona Pima County Tucson 85719 Hedrick Acres

1111 E Hedrick Dr, Tucson, AZ

Not Listed for Sale

MultiFamily

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