NOT LISTED FOR SALE

Estimated Value: $379,000 - $557,090

-- Bed
-- Bath
2,434 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $175,000 $72 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,427/month

33 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • No HOA
  • 0.17 Acre Lot
  • Ranch Style House
  • Landscaped with Trees

About This Home

As of October 2022

Major fix-up. Needs to be gutted and refinished. 3 bedroom 2 bath unit in front and attached 2 bedroom 1 bath in back. Great investment opportunity, should be worth $350-400,000 after fix-up. Tenants need to be evicted. Moved in without owners permission and have not paid rent.

Last Agent to Sell the Property

Edward Berger

HomeSmart Advantage Group Listed on: 07/25/2022

Last Buyer's Agent

Kaukaha Watanabe

Real Broker License #SA584368000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1965

Lot Details

  • 30 Sq Ft Lot
  • Lot Dimensions are 60x123
  • Chain Link Fence
  • Landscaped with Trees
  • Garden

Home Design

  • Duplex
  • Ranch Style House
  • Fixer Upper
  • Built-Up Roof
  • Adobe
  • Lead Paint Disclosure

Interior Spaces

  • 2,434 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Concrete Flooring
  • Mountain Views
  • Gas Range

Parking

  • 1 Parking Space
  • Carport
  • Driveway
  • RV Access or Parking

Schools

  • Rio Vista Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,800 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $1,200
  • Professional Management Expense $3,120
  • New Taxes Expense $1,800
  • Operating Expense $6,120
  • Gross Income $29,700
  • Net Operating Income $23,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Size: 60X123
  • Road Surface Type: Paved
  • CapRate: 13.47
  • Professional Management Expense: 3120.0
  • Co List Office Mls Id: 5169
  • Subdivision Name: Unsubdivided
  • General Property Information: List Price/SqFt: 92.44
  • General Property Information: Lot Size Price/SqFt: 30.49
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Gas Range

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: Mountain(s)
  • Construction Type: Burnt Adobe
  • Patio And Porch Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: None
  • Cooling: Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1800.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: Amphitheater

Lot Info

  • Lot Features: North/South Exposure, Flower Beds
  • Lot Size Sq Ft: 30.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1965

Rental Info

  • Utilities Paid Landscaping: Tenant
  • Utilities Paid Trash: Tenant

Tax Info

  • Tax Year: 2021
  • New Taxes Expense: 1800.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29700.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 23580.0
  • Annual Operating Expense: 6120.0

MLS Schools

  • Elementary School: Rio Vista
  • High School: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Watanabe Kaukaha
Bought by
Ksw Properties Llc
Current Estimated Value
$425,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$285,921
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$139,102

Purchase Details

Closed on
Jul 25, 2023
Sold by
Kms Enterprises Llc
Bought by
Ksw Props

Purchase Details

Closed on
Sep 17, 2014
Sold by
Devonshire Stephanie and Devonshire Christopher
Bought by
Devonshire Christopher and Devonshire Stephanie

Purchase Details

Closed on
Dec 18, 2009
Sold by
Devonshire Christopher and Devonshire Stephanie
Bought by
Devonshire Christopher and Devonshire Stephanie

Purchase Details

Closed on
Sep 3, 2009
Sold by
Fannie Mae
Bought by
Devonshire Chris and Devonshire Stephanie

Purchase Details

Closed on
Jun 16, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 2009
Sold by
Palmer Doris L
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Jul 26, 2007
Sold by
Palmer Doris L
Bought by
Palmer Doris L and Palmer Kenneth James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Millican Michael S and Millican Sharon M
Bought by
Palmer Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 1999
Sold by
Thompson Bruce and Thompson Marlene F
Bought by
Millican Michael S and Millican Sharon M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ksw Properties Llc -- Pima Title
Watanabe Kaukaha -- Pima Title
Ksw Props -- --
Devonshire Christopher -- None Available
Devonshire Christopher -- None Available
Devonshire Christopher -- None Available
Devonshire Chris $155,000 Ttise
Federal National Mortgage Association -- Tfnti
Indymac Federal Bank Fsb $252,618 Tfnti
Indymac Federal Bank Fsb $252,618 Tfnti
Palmer Doris L -- Ticor
Palmer Doris L $226,000 Ticor
Palmer Doris L $226,000 Ticor
Millican Michael S $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watanabe Kaukaha $288,750
Previous Owner Palmer Doris L $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $175,000 -22.2% $72 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $225,000 -- $92 / 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 $2,267 $18,423 -- --
2024 $1,799 $17,546 -- --
2023 $1,799 $16,710 -- --
2022 $1,824 $15,914 $0 $0
2021 $1,799 $14,435 $0 $0
2020 $1,789 $14,655 $0 $0
2019 $1,741 $13,748 $0 $0
2018 $1,680 $12,471 $0 $0
2017 $1,652 $12,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22218297

MLS of Southern Arizona

APN: 113-02-0060