NOT LISTED FOR SALE

1408 E 8th St Tucson, AZ 85719

Rincon Heights Neighborhood

Estimated Value: $412,000 - $495,000

-- Bed
-- Bath
1,885 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $210,300 $112 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,632/month

247 Days on Market

About This Home

As of July 2015

GREAT CASH FLOW! Great University area location and lots of curb appeal. This duplex is just two blocks from the UA Rec Center & campus, dining and shopping. Set in the Rincon Heights Historic District,this well-located rental duplex features solid burnt adobe construction & has off-street parking. Tenants pay all utilities. (water on one meter) Each unit features 2 bedrooms, 1 bath, storage, small patio area, two covered parking plus two additional parking spaces in rear. All appliances stay including a washer/dryer in each unit. Roof has 2 yr warranty and duplex has a termite warranty. New BA vanities in both units. New pergo BR floor in back unit. One unit leased through 7-31-15, other thru 7-31-16. Shown by appointment only. New coolers & electric upgrades to be done by 4-30-15

Last Agent to Sell the Property

Anna Garcia

Realty Executives Arizona Territory Listed on: 10/20/2014

Co-Listed By

James Wilson

Realty Executives Arizona Territory

Last Buyer's Agent

Ricardo Coppel

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 1,885 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,832 special tax assessment

Community Details

Overview

  • Drakes Addition Subdivision

Building Details

  • Insurance Expense $503
  • Gross Income $18,720
  • Net Operating Income $16,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,832

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Drakes Lots 3 & 4 Blk 20
  • List Price per Sq Ft: 122.02
  • Unit Info Average Monthly Rent Two Bedroom: 780.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1885.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Gas Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1832.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: irregular
  • Lot Size Price Sq Ft: 31.06
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 28.40
  • Municipality Zoning: Tucson - O2

Building Info

  • Year Built: 1951

Tax Info

  • Tax Code: 124-08-135A
  • Taxes: 1832.20
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Go University Properties Llc
Bought by
Ojeda Joel and Graham Richard William
Total Days on Market
247
Current Estimated Value
$436,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$157,518
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$278,880

Purchase Details

Listed on
Oct 20, 2014
Closed on
Jul 2, 2015
Sold by
Ojeda Joel F and Richard W Graham V
Bought by
Go University Properties Llc
Seller's Agent
Anna Garcia
Realty Executives Arizona Territory
Buyer's Agent
Ricardo Coppel
Long Realty
List Price
$210,300
Sold Price
$210,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$157,725
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2014
Closed on
Jul 1, 2015
Sold by
Busch Family Enterprises Llc
Bought by
Ojeda Joel F and Richard W Graham V
Seller's Agent
Anna Garcia
Realty Executives Arizona Territory
Buyer's Agent
Ricardo Coppel
Long Realty
List Price
$210,300
Sold Price
$210,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,725
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Busch Kathleen
Bought by
Busch Family Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,600
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
Busch Family Enterprises Llc
Bought by
Busch Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,600
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Busch Kathleen
Bought by
Busch Family Enterprises Llc

Purchase Details

Closed on
Nov 6, 2007
Sold by
Busch Kathleen Joyce and Busch Keith Walter
Bought by
Busch Keith W and Busch Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2004
Sold by
Busch Kathleen Joyce and Busch Keith Walter
Bought by
Busch Family Enterprises

Purchase Details

Closed on
Nov 8, 2001
Sold by
Busch Kathleen Joyce and Busch Keith Walter
Bought by
Busch Kathleen Joyce and Busch Keith Walter

Purchase Details

Closed on
Aug 8, 1997
Sold by
Goldsmith Clinton W and Goldsmith Joyce A
Bought by
Busch Keith W and Busch Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Ojeda Joel -- Lawyers Title Of Arizona Inc
Go University Properties Llc -- None Available
Ojeda Joel F $210,300 Long Title Agency Inc
Ojeda Joel F $210,300 Long Title Agency Inc
Busch Family Enterprises Llc -- None Available
Busch Family Enterprises Llc -- None Available
Busch Kathleen -- Tstti
Busch Family Enterprises Llc -- None Available
Busch Keith W -- None Available
Busch Kathleen Joyce -- None Available
Busch Family Enterprises -- --
Busch Kathleen Joyce -- --
Busch Keith W $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojeda Joel $170,000
Previous Owner Ojeda Joel F $157,725
Previous Owner Ojeda Joel F $157,725
Previous Owner Busch Kathleen $218,600
Previous Owner Busch Kathleen J $224,000
Previous Owner Busch Keith W $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $210,300 0.0% $112 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $210,300 -- $112 / 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
2024 $2,324 $18,489 -- --
2023 $2,336 $17,609 $0 $0
2022 $2,336 $16,770 $0 $0
2021 $2,322 $15,211 $0 $0
2020 $2,252 $25,078 $0 $0
2019 $2,222 $23,196 $0 $0
2018 $2,173 $13,140 $0 $0
2017 $2,161 $13,140 $0 $0
2016 $2,106 $12,514 $0 $0
2015 $2,040 $11,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Anna Garcia

    Realty Executives Arizona Territory

  • J

    Seller Co-Listing Agent in 2015

    James Wilson

    Realty Executives Arizona Territory

  • Ricardo Coppel

    Buyer's Agent in 2015

    Ricardo Coppel

    Long Realty

    (520) 271-4004

    132 Total Sales

    Ricardo Coppel
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Map

Source: MLS of Southern Arizona

MLS Number: 21429461

MLS of Southern Arizona

APN: 124-08-135A

Arizona Pima County Tucson 85719 Rincon Heights

1408 E 8th St, Tucson, AZ

This home is located at 1408 E 8th St, Tucson, AZ 85719 since 20 October 2014 and is currently estimated at $436,398, approximately $231 per square foot. This property was built in 1951. 1408 E 8th St is a home located in Pima County with nearby schools including Roskruge Bilingual Magnet Middle School, Mansfeld Middle School, and Tucson High Magnet School.

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