$159,000
SOLD MAY 30, 2014
-- Bed
-- Bath
2,745 Sq Ft
0.28 Acres

Recently Sold

$58 Per Sq Ft

125 Days on Market

About This Home

As of June 2014

Instant income potential with this fully leased 4-plex. The updated property condition and newer AC units make this a very desirable property for tenants, which translates into low vacancy and more ROI. Enjoy less hassle and more cash flow as the as the tenants pay water and electric. To further sweeten the deal and ensure you are truly receiving a turn-key investment, the seller has offered to remedy any deferred maintenance prior to transferring ownership with an acceptable offer.

Last Agent to Sell the Property

Jeffrey Ell

Keller Williams Southern Arizona Listed on: 01/21/2014

Last Buyer's Agent

Jeffrey Ell

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1998

Home Design

  • 2,745 Sq Ft Home
  • Quadruplex
  • Frame With Stucco

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $2,418 special tax assessment

Community Details

Overview

  • El Rio Acres Subdivision

Building Details

  • Fuel Expense $1,000
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Gross Income $23,250
  • Net Operating Income $16,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: El Rio Acres Ptn Wly 82.79' Lot 109
  • List Price per Sq Ft: 63.75
  • Miscellaneous Package Available: No
  • Unit Info Average Monthly Rent Two Bedroom: 500.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2745.00
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: No

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1000.00
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Taxes Assessments: 2418.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.28
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 14.35
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 13.04
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1998

Tax Info

  • Tax Code: 115-17-176A
  • Taxes: 2418.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Sheriff Of Pima County
Bought by
Watters Adam W and Watters Jill
Current Estimated Value
$395,817

Purchase Details

Closed on
Mar 23, 2022
Sold by
Alberry Paul S
Bought by
Alberry Paul S and Gumaborg Maria Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2022
Sold by
Alberry Paul S
Bought by
Alberry Paul S and Gumaborg Maria Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2013
Closed on
Apr 22, 2014
Sold by
Hartkopf Robert W and Maravilla Grace E
Bought by
Alberry Paul S
Seller's Agent
Rita Angelina Serino Herrera
Tierra Antigua Realty
Buyer's Agent
Leigh Ann Weston
Keller Williams Southern Arizona
List Price
$177,000
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$166,920
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 9, 2012
Closed on
May 25, 2012
Sold by
Federal National Mortgage Association
Bought by
Hartkopf Robert W and Maravilla Grace E
Seller's Agent
David Kipling
OMNI Homes International
Buyer's Agent
Carmen Rodriguez
Tierra Antigua Realty
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%
Original Mortgage
$65,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Nedza Elizabeth L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2005
Sold by
Nedza Martin M
Bought by
Nedza Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2000
Sold by
Perez Angel R and Perez Elvia
Bought by
Nedza Elizabeth L and Nedza Martin M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Sheriffs Deed -- None Listed On Document
Quit Claim Deed -- Real Advantage Title Insurance
Quit Claim Deed -- Real Advantage Title Insurance
Quit Claim Deed -- Real Advantage Title Insurance
Warranty Deed $177,000 First American Title Ins Co
Warranty Deed $177,000 First American Title Ins Co
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Trustee Deed $167,866 Accommodation
Trustee Deed $167,866 Accommodation
Quit Claim Deed -- --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $213,000 New Conventional
Previous Owner $213,000 New Conventional
Previous Owner $166,920 FHA
Previous Owner $65,000 New Conventional
Previous Owner $168,700 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $177,000 +11.3% $86 / Sq Ft
05/30/2014 05/30/14 Sold $159,000 0.0% $58 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/30/2014 04/30/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $159,000 -10.2% $58 / Sq Ft
12/21/2013 12/21/13 For Sale $177,000 +77.0% $86 / Sq Ft
05/29/2012 05/29/12 Sold $100,000 -23.0% $49 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $129,900 -- $63 / 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 $1,923 $15,151 -- --
2024 $1,923 $14,429 -- --
2023 $1,823 $13,742 $0 $0
2022 $1,823 $13,088 $0 $0
2021 $1,812 $11,871 $0 $0
2020 $1,757 $14,423 $0 $0
2019 $1,734 $13,977 $0 $0
2018 $1,696 $10,254 $0 $0
2017 $1,361 $10,254 $0 $0
2016 $1,354 $9,766 $0 $0
2015 $1,270 $9,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21402361

MLS of Southern Arizona

APN: 115-17-176B