NOT LISTED FOR SALE

113 E District St Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $448,938 - $559,000

-- Bed
-- Bath
4,100 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $280,000 $68 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,925/month

47 Days on Market

About This Home

As of May 2017

4 Plex comprised of 3BR/1BA units! This is a rare combo of a newer build (2006) and large units. Easy to rent! Slump brick construction with stained concrete floors. All units have AC!! 48 hr response - out of state sellers.

Last Agent to Sell the Property

Erica Hoffman

Keller Williams Southern Arizona Listed on: 02/23/2017

Co-Listed By

Josh Conzemius

Keller Williams Southern Arizona

Last Buyer's Agent

Daniel Biel

ERA Gem Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 2006

Lot Details

  • 0.3

Home Design

  • 4,100 Sq Ft Home
  • Quadruplex

Additional Features

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $2,330 special tax assessment

Community Details

Overview

  • Government Hgts Sub 2 Amd Subdivision

Building Details

  • Insurance Expense $950
  • Water Sewer Expense $2,400
  • Gross Income $33,360
  • Net Operating Income $27,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,330

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Amended Government Heights No 2 Lot 6 Blk 17
  • List Price per Sq Ft: 67.07
  • Unit Info Average Monthly Rent Three Bedroom: 695.00
  • Unit Info Number Of Units3 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4100.00

Exterior Features

  • Construction: Slump Block

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2330.37

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.30
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 21.04
  • Lot Sq Ft: 13068.00
  • Lot Sz Sold Prc Sq Ft: 21.43
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 2006

Tax Info

  • Tax Code: 120-06-221B
  • Taxes: 2330.37
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Nguyen Danny
Bought by
Arcana Trust and Nguyen
Current Estimated Value
$513,313

Purchase Details

Closed on
Jun 17, 2022
Sold by
Smith Peter C
Bought by
Nguyen Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 11, 2017
Sold by
S & S Elite Investment Llp
Bought by
Smith Peter C
Seller's Agent
Erica Hoffman
Keller Williams Southern Arizona
Buyer's Agent
Daniel Biel
ERA Gem Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$271,163
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2009
Sold by
Rueschhoff Jason M and Rueschhoff Melissa C
Bought by
S & S Elite Investments Llp

Purchase Details

Closed on
Jun 18, 2009
Sold by
The Bank Of New York
Bought by
Rueshhoff Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,235
Interest Rate
5.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2009
Sold by
Morales Julio G and Morales Lorraine P
Bought by
The Bank Of New York

Purchase Details

Closed on
Sep 7, 2004
Sold by
Morales Julio G and Morales Lorraine P
Bought by
Morales Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.94%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2003
Sold by
Bonillas Rita Q
Bought by
Morales Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 1997
Sold by
Bonillas Lupe T
Bought by
Bonillas Rita Q
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
Arcana Trust -- --
Nguyen Danny $448,000 Great American Title
Smith Peter C $280,500 Signature Title Agency Az Ll
S & S Elite Investments Llp -- Tfati
S & S Elite Investments Llp -- Tfati
Rueshhoff Jason M $230,980 Tfati
The Bank Of New York $243,950 Tfati
Morales Julio G -- --
Morales Julio G -- --
Morales Julio G $43,750 --
Morales Julio G $43,750 --
Bonillas Rita Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Danny $379,000
Previous Owner Smith Peter C $271,163
Previous Owner Rueshhoff Jason M $173,235
Previous Owner Morales Julio G $240,000
Previous Owner Morales Julio G $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $280,000 0.0% $68 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $280,000 -- $68 / 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 $2,824 $21,347 -- --
2024 $2,553 $20,330 -- --
2023 $2,553 $19,362 -- --
2022 $2,568 $18,440 $0 $0
2021 $2,553 $16,726 $0 $0
2020 $2,476 $21,193 $0 $0
2019 $2,443 $17,635 $0 $0
2018 $2,390 $14,449 $0 $0
2017 $2,376 $14,449 $0 $0
2016 $2,330 $13,761 $0 $0
2015 $2,223 $13,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erica Hoffman

    Keller Williams Southern Arizona

  • J

    Seller Co-Listing Agent in 2017

    Josh Conzemius

    Keller Williams Southern Arizona

  • D

    Buyer's Agent in 2017

    Daniel Biel

    ERA Gem Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21705255

MLS of Southern Arizona

APN: 120-06-221B

Arizona Pima County Tucson 85714 Fairgrounds

113 E District St, Tucson, AZ

Not Listed for Sale

MultiFamily

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