NOT LISTED FOR SALE

Estimated Value: $809,000 - $880,000

4 Beds
2 Baths
3,001 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $995,000 $332 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,732/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Stainless Steel Appliances
  • Eat-In Kitchen
  • Quartz Countertops
  • Family Room Off Kitchen
  • Bathtub with Shower

About This Home

As of July 2022

What an opportunity to own two fourplexes - Construction is still underway and completion should be in April of this year. There is 12730 W Amy that is also available to complete the package. Stackable Washer and Dyers have been added along with stainless appliances. Dual pane windows along with new roof and new air-conditioners.MANY MANY more upgrades. In this market many investors will write the contract and wait for the completion knowing that the good product is here!One other building has been finished is in escrow and currently has proven rents of $1,495 per door.Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate Listed on: 02/01/2022

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1986

Lot Details

  • 5,828 Sq Ft Lot
  • East or West Exposure
  • Block Wall Fence
  • Desert Landscape
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 3,001 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $842 special tax assessment

Community Details

Overview

  • Out Of Pima County Subdivision

Building Details

  • Insurance Expense $1,300
  • Maintenance Expense $1,200
  • Professional Management Expense $5,569
  • Water Sewer Expense $2,400
  • Gross Income $69,607
  • Net Operating Income $57,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Legal Description supplied by title to govern
  • Attached Detached: Attached
  • List Price per Sq Ft: 366.54
  • 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: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3001.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Quartz
  • Kitchen Features Microwave: Built in
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Desert Plantings
  • Landscape Rear: Decorative Gravel, Desert Plantings
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: Courtyard

Garage/Parking

  • Total Parking: 7

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: APS
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Heat Pump
  • Main Heating: Heat Pump
  • Security: Security Lights
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Lighted, Paved Street

Fee Information

  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1200.00
  • Expenses Taxes Assessments: 842.00

Schools

  • School District: Other
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.13
  • Lot Dimensions: irr
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 188.74
  • Lot Sq Ft: 5828.00
  • Lot Sz Sold Prc Sq Ft: 170.73
  • Municipality Zoning: Other - CALL
  • Municipal Flood Zone: No

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: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 501-18-269
  • Taxes: 842.06
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Other
  • Elementary School: Other
  • High School: Other
  • School District: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
W Investment And Development Llc
Bought by
Wu Kai-Chung and Deng Haizheng
Current Estimated Value
$851,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Outstanding Balance
$726,804
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$147,813

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 17, 2021
Sold by
Henandez Cecilia C and Estate Of Jesus R Hernandez
Bought by
Desert Sun Capital Ii Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$571,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2008
Sold by
Hernandez Lorenza M
Bought by
Hernandez Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1997
Sold by
Armendariz Raul and Armendariz Maria C
Bought by
Hernandez Jesus R and Hernandez Lorenza M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wu Kai-Chung -- First American Title
Desert Sun Capital Ii Llc $450,000 Empire Title Agency
Hernandez Jesus R -- Precision Title Agency Inc
Hernandez Jesus R $29,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Kai-Chung $746,250
Previous Owner Desert Sun Capital Ii Llc $1,171,400
Previous Owner Desert Sun Capital Ii Llc $571,000
Previous Owner Hernandez Jesus R $128,900
Previous Owner Hernandez Jesus R $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $995,000 0.0% $332 / Sq Ft
07/14/2022 07/14/22 Sold $995,000 -9.5% $332 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $1,100,000 0.0% $367 / Sq Ft
04/02/2022 04/02/22 Price Changed $1,100,000 0.0% $367 / Sq Ft
03/31/2022 03/31/22 Price Changed $1,100,000 +10.6% $367 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $995,000 0.0% $332 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $995,000 0.0% $332 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $995,000 +121.1% $332 / Sq Ft
12/22/2021 12/22/21 Sold $450,000 0.0% $150 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $450,000 -- $150 / 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 $831 $9,167 -- --
2024 $820 $8,731 -- --
2023 $820 $44,910 $8,980 $35,930
2022 $811 $30,810 $6,160 $24,650
2021 $842 $27,180 $5,430 $21,750
2020 $832 $20,620 $4,120 $16,500
2019 $807 $20,060 $4,010 $16,050
2018 $792 $19,830 $3,960 $15,870
2017 $736 $12,680 $2,530 $10,150
2016 $711 $11,450 $2,290 $9,160
2015 $649 $9,280 $1,850 $7,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22202919

MLS of Southern Arizona

APN: 501-18-269