NOT LISTED FOR SALE

1404 N Riverview Blvd Unit A-D Tucson, AZ 85745

Ward 1 Neighborhood

Estimated Value: $421,154 - $589,000

8 Beds
4 Baths
3,350 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $228,900 $68 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,800/month

46 Days on Market

Highlights

  • 0.32 Acre Lot
  • Great Room
  • Jogging Path
  • Mountain View
  • Territorial Architecture
  • Skylights

About This Home

As of December 2017

Two duplexes on a single parcel, each with two 2-bd/1-ba units - all units leased (two are month-to-month, two are Section 8); recent improvements include new interior paint in all units, new appliances in units A-C; and new flooring, cabinets, counters, toilets, sinks, & faucets in units A&D; roof on both duplexes is recently repaired due to hail damage & has 2-yr warranty; see docs for lease summary & other info; great opportunity for savvy investor now that capital improvements are complete! See also MLS #21728982 for units E-H.

Last Agent to Sell the Property

Bob Zachmeier

Win3 Realty Listed on: 11/07/2017

Co-Listed By

Michael Zachmeier

Win3 Realty

Last Buyer's Agent

Manny Bermudez

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1984

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 94' x 146' x 94' x 146'
  • East or West Exposure
  • Wood Fence
  • Chain Link Fence
  • Shrub
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Territorial Architecture
  • Built-Up Roof

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Great Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level

Schools

  • Tully Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $2,338 special tax assessment

Community Details

Overview

  • El Rio Acres Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Park
  • Jogging Path
  • Hiking Trails

Building Details

  • Insurance Expense $916
  • Maintenance Expense $260
  • Water Sewer Expense $2,625
  • Gross Income $28,080
  • Net Operating Income $18,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,338

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Territorial
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Apartment Unit Number: A-D
  • Legal Description: EL RIO ACRES N94' OF W146' OF LOT 35
  • Attached Detached: Detached
  • List Price per Sq Ft: 68.63
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Skylights, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 3350.00
  • Bathroom Features: Shower & Tub/Hall
  • Hall Countertops: new laminate
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: White
  • Kitchen Features Countertops: new laminate
  • Living Areas: Great Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Decorative Gravel, Shrubs
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Sunset
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: Window Bars
  • Security Other: security screen door
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Jogging/Bike Path, Park, Paved Street, Walking Trail

Fee Information

  • Expenses Capital Expenses: 3000.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 259.63
  • Expenses Other Expenses: 620.00
  • Expenses Taxes Assessments: 2338.33

Schools

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

Green Features

  • Green Features: Dual-Flush Toilets

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.32
  • Lot Dimensions: 94' x 146' x 94' x 146'
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 16.75
  • Lot Sq Ft: 13724.00
  • Lot Sz Sold Prc Sq Ft: 16.68
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1984

Rental Info

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

Tax Info

  • Tax Code: 115-17-082B
  • Taxes: 2338.33
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 21, 2017
Sold by
Sotomayor Federico and Sotomayor Heather Marie
Bought by
Ochoa Agustin and Ochoa Norma O
Seller's Agent
Bob Zachmeier
Win3 Realty
Buyer's Agent
Manny Bermudez
Realty Executives Arizona Territory
List Price
$228,900
Sold Price
$228,900
Current Estimated Value
$485,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,485
Avg. Annual Appreciation
9.16%
Original Mortgage
$135,700
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Sonza Emanuele and Sonza Emanuale
Bought by
Sotomayor Federico and Sotomayor Heather Marie

Purchase Details

Closed on
Dec 4, 2014
Sold by
Carrasco David and Carrasco Andriana
Bought by
Wells Fargo Bank National Association
Source: Public Records

Range of Values:

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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
Ochoa Agustin $228,900 Pioneer Title Agency Inc
Sotomayor Federico $171,500 None Available
Sotomayor Federico $171,500 None Available
Wells Fargo Bank National Association $261,089 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Agustin $135,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $228,900 0.0% $68 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $228,900 -- $68 / 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 $2,714 $21,388 -- --
2024 $2,714 $20,369 -- --
2023 $2,573 $19,399 $0 $0
2022 $2,573 $18,475 $0 $0
2021 $2,558 $16,758 $0 $0
2020 $2,481 $21,026 $0 $0
2019 $2,448 $17,884 $0 $0
2018 $2,394 $14,476 $0 $0
2017 $2,381 $14,476 $0 $0
2016 $2,338 $13,787 $0 $0
2015 $2,264 $13,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21728972

MLS of Southern Arizona

APN: 115-17-082B