NOT LISTED FOR SALE

Estimated Value: $445,000 - $779,000

Studio
-- Bath
3,283 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $280,000 $85 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,341/month

28 Days on Market

About This Home

As of October 2014

This is a quality multi unit 4-plex in central Tucson. 4 2br units. Large corner lot with covered parking. The property has it's own Laundry facilities. Strong rental history. Brick construction with A/C. The property is well maintained. Please do not disturb tenants. All inspections will be done upon having an acceptable offer. Contact listing agent with any questions you might have.

Last Agent to Sell the Property

John Barry

Grijalva Realty Corp. Listed on: 08/01/2014

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Linda Lineberry

Long Realty merged to 2418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1959

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 122.20' x 148.80

Home Design

  • 3,283 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $2,103 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision

Building Details

  • Fuel Expense $750
  • Insurance Expense $1,734
  • Water Sewer Expense $2,160
  • Gross Income $29,093
  • Net Operating Income $22,346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1959

Lot Details

0.41 Acres

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: From parcel 11301093A Ptn N124' M/L W 147' NW4 SW4 NE4 Lyg E & Adj Mountain Ave. .42 Ac Sec 30-13-14
  • List Price per Sq Ft: 90.47
  • Unit Info Average Monthly Rent Two Bedroom: 638.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3283.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 750.00
  • Expenses Taxes Assessments: 2103.14

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.41
  • Lot Dimensions: 122.20' X 148.80
  • Lot Size Price Sq Ft: 16.63
  • Lot Sq Ft: 17860.00
  • Lot Sz Sold Prc Sq Ft: 15.68
  • Municipality Zoning: Tucson - R4

Building Info

  • Year Built: 1959

Tax Info

  • Tax Code: 113-01-093C
  • Taxes: 2103.14
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Nelson Mathew J
Bought by
Luna Home Rentals Llc
Current Estimated Value
$587,333

Purchase Details

Closed on
Nov 16, 2020
Sold by
Luna Home Rentals Llc
Bought by
Nelson Matthew

Purchase Details

Listed on
Aug 1, 2014
Closed on
Oct 2, 2014
Sold by
Bowers John S and Bowers Carol M
Bought by
Nelson Mathew
Seller's Agent
John Barry
Grijalva Realty Corp.
Buyer's Agent
Linda Lineberry
Long Realty merged to 2418
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
6.70%
Original Mortgage
$210,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Bowers John S and Bowers Carol M
Bought by
Bowers John S and Bowers Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 1994
Sold by
Irving Jane S
Bought by
Bowers John S and Bowers Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,732
Interest Rate
8.7%
Mortgage Type
Seller Take Back
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
Luna Home Rentals Llc -- None Available
Nelson Matthew -- Stewart Title & Tr Of Tucson
Nelson Mathew $280,000 Long Title Agency Inc
Bowers John S -- --
Bowers John S -- --
Bowers John S $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Mathew $210,000
Previous Owner Bowers John S $171,500
Previous Owner Bowers John S $104,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2014 10/20/14 Sold $280,000 0.0% $85 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $280,000 -- $85 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,012 $25,697 -- --
2025 $3,012 $24,474 -- --
2024 $2,901 $23,308 -- --
2023 $2,813 $22,198 $0 $0
2022 $2,785 $21,141 $0 $0
2021 $2,726 $19,176 $0 $0
2020 $2,710 $25,161 $0 $0
2019 $2,640 $25,534 $0 $0
2018 $2,555 $16,565 $0 $0
2017 $2,511 $16,565 $0 $0
2016 $2,408 $15,776 $0 $0
2015 $2,298 $15,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21421363

MLS of Southern Arizona

APN: 113-01-093C

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