NOT LISTED FOR SALE

1245 Virgilio Ct Rio Rico, AZ 85648

Estimated Value: $297,000 - $379,000

4 Beds
4 Baths
2,740 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $155,000 $57 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,833/month

90 Days on Market

Highlights

  • Mountain View
  • Breakfast Area or Nook
  • Laundry closet
  • Ranch Style House
  • Patio
  • Ceramic Tile Flooring

About This Home

As of August 2018

Investment opportunity fourplex. Easy access from the freeway.

Last Agent to Sell the Property

Cristina Carrillo

Premier Realty Connections Listed on: 04/20/2018

Last Buyer's Agent

Dora L Dexter

Dexter Real Estate, Inc. License #BR009050000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 45x100x157x38x141
  • Dirt Road
  • East or West Exposure

Home Design

  • Quadruplex
  • Ranch Style House
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Parking

  • No Driveway
  • On-Site Parking

Schools

  • Mountain View Elementary School
  • Calabasas Middle School
  • Rio Rico High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Not Available
  • Propane Water Heater
  • Phone Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $1,199 special tax assessment

Community Details

Overview

  • Rio Rico Villas West Community
  • Rio Rico Villas 13 Subdivision

Building Details

  • Insurance Expense $1,238
  • Maintenance Expense $1,581
  • Professional Management Expense $1,300
  • Gross Income $14,252
  • Net Operating Income $8,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,202

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: Sub Rio Rico Villas Unit No 13, Lot 6 and a portion of 7 of block 63.5
  • Attached Detached: Attached
  • List Price per Sq Ft: 62.01
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2740.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Gas Range

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • F E M A Flood Zone: TBD
  • Fence: None
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None, Patio
  • Pool: None
  • Road Maintenance: County
  • Roof: Rolled
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None

Utilities

  • Water Heater: Propane
  • Electric Electric Company: Unisource
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Water Company: Liberty Utilities

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: Rio Rico Villas West

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1581.00
  • Expenses Taxes Assessments: 1199.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.30
  • Lot Dimensions: 45X100X157X38X141
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 13.00
  • Lot Sq Ft: 13068.00
  • Lot Sz Sold Prc Sq Ft: 11.86
  • Municipality Zoning: SCC - MF
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1986

Rental Info

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

Tax Info

  • Tax Code: 124-01-021
  • Taxes: 1201.76
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Calabasas Middle School
  • Elementary School: Mountain View Elementary
  • High School: Rio Rico High School
  • School District: Santa Cruz Valley United School District #35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Aug 29, 2018
Sold by
Bunch Timothy J
Bought by
Graham Terry G
Seller's Agent
Cristina Carrillo
Premier Realty Connections
Buyer's Agent
Dora L Dexter
Dexter Real Estate, Inc.
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$327,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,014
Avg. Annual Appreciation
10.80%
Original Mortgage
$115,000
Outstanding Balance
$100,080
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,934

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bunch Timothy and Bunch Timothy J
Bought by
Bunch & Velasco Llc

Purchase Details

Closed on
Aug 17, 2005
Sold by
Winslow Thomas E and Winslow Linda M
Bought by
Bunch Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
5.56%
Mortgage Type
New Conventional
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
Graham Terry G $155,000 Stewart Title & Trust
Bunch & Velasco Llc -- None Available
Bunch Timothy $181,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Terry G $115,000
Previous Owner Bunch Timothy $135,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $155,000 0.0% $57 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $155,000 -- $57 / 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 $1,416 $13,521 $1,800 $11,721
2024 $1,416 $13,708 $1,450 $12,258
2023 $1,376 $10,873 $1,030 $9,843
2022 $1,346 $9,340 $1,030 $8,310
2021 $1,391 $9,309 $1,030 $8,279
2020 $1,389 $9,347 $1,030 $8,317
2019 $1,248 $9,216 $1,030 $8,186
2018 $1,230 $9,064 $1,030 $8,034
2017 $1,202 $8,860 $1,030 $7,830
2016 $1,197 $9,179 $1,030 $8,149
2015 $1,291 $9,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cristina Carrillo

    Premier Realty Connections

  • D

    Buyer's Agent in 2018

    Dora L Dexter

    Dexter Real Estate, Inc.

    (520) 287-8663

    27 Total Sales

    Dora L Dexter
    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 21811637

MLS of Southern Arizona

APN: 124-01-021

Arizona Santa Cruz County Rio Rico 85648

1245 Virgilio Ct, Rio Rico, AZ

Not Listed for Sale

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