NOT LISTED FOR SALE

1225 E Milton Rd Tucson, AZ 85706

Estimated Value: $293,297 - $560,000

8 Beds
4 Baths
3,480 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $165,000 $47 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,381/month

51 Days on Market

Highlights

  • Great Room
  • Patio
  • 1-Story Property
  • Breakfast Area or Nook
  • Storage Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Excellent investment opportunity. 4 Units with 2 on the second floor and 2 on the ground floor. All units are 2 bedroom with 1 bath. Ground floor units have yards and all units have exterior storage. Close to shopping, restaurants, bus lines. Fully rented. Please do not disturb tenants.

Last Agent to Sell the Property

Tj Scordato

Scordato Realty Listed on: 06/20/2018

Last Buyer's Agent

Sean Doyle

HomeSmart Advantage Group

HomeSmart Advantage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1981

Lot Details

  • 5,663 Sq Ft Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 3,480 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Storage Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Parking

  • Driveway
  • On-Site Parking

Outdoor Features

  • Patio

Location

  • Ground Level
  • Upper Level

Schools

  • Esperanza Elementary School
  • Sierra Middle School
  • Sunnyside High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $1,055 special tax assessment

Community Details

Overview

  • Randall Square Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $840
  • Water Sewer Expense $1,560
  • Gross Income $21,300
  • Net Operating Income $17,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,055

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style Other: 4 plex
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Randall Square Lot 4
  • Attached Detached: Attached
  • List Price per Sq Ft: 50.29
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Carpet
  • Gross Sq Ft: 3480.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: None
  • Extra Room: Storage
  • Kitchen Features: Double Sink, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: See Remarks
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • 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: 1055.46

Schools

  • School District: Sunnyside
  • Elementary School: Esperanza
  • Middle School: Sierra
  • High School: Sunnyside

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.13
  • Lot Dimensions: irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 30.90
  • Lot Sq Ft: 5663.00
  • Lot Sz Sold Prc Sq Ft: 29.14
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1981

Rental Info

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

Tax Info

  • Tax Code: 140-25-1170
  • Taxes: 1055.46
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Sierra
  • Elementary School: Esperanza
  • High School: Sunnyside
  • School District: Sunnyside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 21, 2018
Sold by
Simon Jeff
Bought by
Diaz Leyva Luis
Seller's Agent
Tj Scordato
Scordato Realty
Buyer's Agent
Sean Doyle
HomeSmart Advantage Group
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$420,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,352
Avg. Annual Appreciation
14.12%
Original Mortgage
$99,000
Outstanding Balance
$87,039
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$327,340

Purchase Details

Closed on
Jun 2, 2009
Sold by
Fannie Mae
Bought by
Simon Jeff

Purchase Details

Closed on
Oct 20, 2008
Sold by
Chacon Fredi
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2006
Sold by
Chacon Norma
Bought by
Chacon Fredi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,428
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Arizona Positive C F Llc
Bought by
Chacon Fredi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,428
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2005
Sold by
Hoffman Vicki C
Bought by
Arizona Positive C F Llc

Purchase Details

Closed on
Feb 24, 2005
Sold by
Hoffman Gary H
Bought by
Hoffman Vicki C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,200
Interest Rate
2.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Diaz Leyva Luis $165,000 Fidelity National Title Agen
Simon Jeff $100,000 Title Security Agency Of Az
Federal National Mortgage Association $237,600 Tfati
Chacon Fredi -- Tlati
Chacon Fredi -- Tlati
Chacon Fredi $285,714 Lawyers Title
Chacon Fredi $285,714 Lawyers Title
Arizona Positive C F Llc -- --
Hoffman Vicki C -- --
Hoffman Vicki C $206,500 --
Hoffman Vicki C $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Leyva Luis $99,000
Previous Owner Chacon Fredi $271,428
Previous Owner Hoffman Vicki C $165,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $165,000 0.0% $47 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $165,000 -- $47 / 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
2024 $963 $9,754 -- --
2023 $963 $9,289 -- --
2022 $938 $8,847 $0 $0
2021 $963 $8,025 $0 $0
2020 $971 $17,809 $0 $0
2019 $1,093 $16,229 $0 $0
2018 $1,082 $6,932 $0 $0
2017 $1,055 $6,932 $0 $0
2016 $1,032 $6,602 $0 $0
2015 $889 $6,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21817259

MLS of Southern Arizona

APN: 140-25-1170