NOT LISTED FOR SALE

Estimated Value: $428,000 - $600,000

4 Beds
2 Baths
1,475 Sq Ft
$340/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $372,500 $253 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,900/month

27 Days on Market

Highlights

  • Mountain View
  • Great Room
  • Community Spa
  • Modern Architecture
  • Corian Countertops
  • Covered Patio or Porch

About This Home

As of January 2021

House built in 2014! Rare new construction 4 blocks from UofA! This is a Four Bedroom 2 bathroom house. Not a duplex, needed to list it as such to put it in Multifamily. Gorgeously finished house with all tile, AC, corian countertops, knotty alder cabinets, ceiling fans in every bedroom and living area, & security bars on all entrances to house and windows. Nicely landscaped with Turf and Jacuzzi. Leased through July 2022 at $2,400 per month. One of the Members of the Selling LLC is licensed to sell real estate in Arizona.

Last Agent to Sell the Property

Jarrett Reidhead

Pinnacle Realty and Investment Advisors LLC Listed on: 12/01/2020

Last Buyer's Agent

Ken Elder

Long Realty Uptown

Long Realty Uptown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1935

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 48 x 100
  • Wrought Iron Fence
  • Block Wall Fence
  • Back Yard

Home Design

  • Duplex
  • Modern Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Window Bars
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Freezer
  • Dishwasher
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • Dual Sinks
  • Shower Only in Secondary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level
  • Upper Level

Schools

  • Cragin Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Covered Patio or Porch

Listing and Financial Details

  • $3,068 special tax assessment

Community Details

Overview

  • Drakes Addition Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Spa

Building Details

  • Insurance Expense $324
  • Maintenance Expense $1,500
  • Professional Management Expense $2,646
  • Gross Income $29,800
  • Net Operating Income $21,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,136

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Modern
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: Level
  • Legal Description: DRAKES S100' LOTS 20 & 21 BLK 22
  • Attached Detached: Attached
  • List Price per Sq Ft: 257.63
  • Subdivision Restrict C C And Rs: No
  • Unit Info Avg Mo Rent Other: 2800.00
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1475.00
  • Bathroom Features: Shower Only/Hall, Shower Only/Primary
  • Primary Bathroom Countertops: Cultured Marble
  • Breakfast: Bar
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Kitchen Features Appliance Color: Black
  • Kitchen Features Countertops: Corian
  • Kitchen Features Oven: Electric
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Dishwasher, Double Sink, Electric Range, Freezer, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Block, Wrought Iron
  • Landscape Front: None
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: Community
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air, None
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 575.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Other Expenses: 40.00
  • Expenses Taxes Assessments: 3068.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.11
  • Lot Dimensions: 48 x 100
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 79.32
  • Lot Sq Ft: 4791.00
  • Lot Sz Sold Prc Sq Ft: 77.75
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1935

Rental Info

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

Tax Info

  • Tax Code: 124-08-1670
  • Taxes: 3136.50
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Cragin
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 5, 2021
Sold by
1311 E 10Th St Llc
Bought by
H & J Properties Llc
Seller's Agent
Jarrett Reidhead
Pinnacle Realty and Investment Advisors LLC
Buyer's Agent
Ken Elder
Long Realty Uptown
List Price
$372,500
Sold Price
$372,500
Current Estimated Value
$501,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,131
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 8, 2014
Sold by
Myers Gregory and Myers Jenne
Bought by
13311 E 10Th Street Llc
Seller's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
Buyer's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 2, 2014
Sold by
Pinnacle Realty Investors Llc
Bought by
Myers Gregory and Myers Jenne
Seller's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
Buyer's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2013
Sold by
Levy Michael S and Levy Joan M
Bought by
Pinnacle Realty Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2000
Sold by
Orourke Daniel Gerard
Bought by
Levy Michael S and Levy Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
H & J Properties Llc $372,500 Title Security Agency Llc
13311 E 10Th Street Llc -- None Available
13311 E 10Th Street Llc -- None Available
Myers Gregory $300,000 Title Security Agency Llc
Myers Gregory $300,000 Title Security Agency Llc
Pinnacle Realty Investors Llc $120,000 First American Title Ins Co
Levy Michael S $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Gregory $240,000
Previous Owner Pinnacle Realty Investors Llc $250,000
Previous Owner Levy Michael S $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2021 01/06/21 Sold $372,500 0.0% $253 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $372,500 +24.2% $253 / Sq Ft
08/11/2014 08/11/14 Sold $300,000 0.0% $203 / Sq Ft View Prior Sale
07/12/2014 07/12/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $300,000 -- $203 / 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 $3,625 $27,405 -- --
2024 $3,281 $26,100 -- --
2023 $3,281 $24,857 $0 $0
2022 $3,297 $23,673 $0 $0
2021 $3,278 $21,472 $0 $0
2020 $3,178 $21,472 $0 $0
2019 $3,137 $26,660 $0 $0
2018 $3,068 $18,549 $0 $0
2017 $3,051 $18,549 $0 $0
2016 $2,945 $17,665 $0 $0
2015 $2,854 $10,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22029880

MLS of Southern Arizona

APN: 124-08-1670