NOT LISTED FOR SALE

1408 E Hedrick Dr Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $361,000 - $384,000

6 Beds
3 Baths
2,262 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $251,250 $111 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,159/month

80 Days on Market

Highlights

  • 0.21 Acre Lot
  • Skylights
  • Ceramic Tile Flooring
  • Contemporary Architecture
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of June 2020

Well maintained Multifamily 3-Plex. Each 754 sq. ft. unit features two bedrooms and 1 bath. Electric is on separate meters. Refrigerator included with each unit. Washer and Dryer hook-ups. Property is fully occupied. Conveniently located near U of A, stores, shopping and dining. Must be purchased with 3-plex on adjoining parcel 113-07-183B (1410 E. Hedrick).

Last Agent to Sell the Property

Bill Satterly

Realty Executives Arizona Territory Listed on: 03/19/2020

Last Buyer's Agent

Chaz Loschiavo

Real Broker License #SA643995000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1985

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 63x148x63x148
  • East or West Exposure
  • Wood Fence
  • Drip System Landscaping
  • Back Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Combination Dining and Living Room
  • Laundry Located Outside

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level
  • Flood Zone Lot

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

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

Listing and Financial Details

  • $2,043 special tax assessment

Community Details

Overview

  • Hedrick Acreage Tract No 3 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $78
  • Insurance Expense $1,189
  • Maintenance Expense $250
  • Water Sewer Expense $2,500
  • Gross Income $24,000
  • Net Operating Income $16,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: Hedrick Acreage Tract No 3 N143.16' of E36.76' of Lot 4 Blk F
  • Attached Detached: Attached
  • List Price per Sq Ft: 114.94
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Skylights
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Vinyl
  • Gross Sq Ft: 2262.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Oven: .
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: Yes
  • Fence: Wood
  • Landscape Front: Low Care, Sprinkler/Drip
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 78.00
  • Expenses Maintenance Supplies: 250.00
  • Expenses Other Expenses: 1125.00
  • Expenses Taxes Assessments: 2043.00

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 63x148x63x148
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 28.42
  • Lot Sq Ft: 9148.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: Yes

Building Info

  • Year Built: 1985

Rental Info

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

Tax Info

  • Tax Code: 113-07-183A
  • Taxes: 2042.98
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 17, 2020
Sold by
Hansen Kyle and Hansen Angela
Bought by
Cotter Christopher R
Seller's Agent
Bill Satterly
Realty Executives Arizona Territory
Buyer's Agent
Chaz Loschiavo
Real Broker
List Price
$251,250
Sold Price
$251,250
Current Estimated Value
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,750
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mccarthy Shamus
Bought by
Hansen Kyle and Hansen Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
H & H Hedrick Company Llc
Bought by
Mccarthy Shamus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.21%
Mortgage Type
New Conventional
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
Cotter Christopher R $502,500 Title Security Agency Llc
Cotter Christopher R $502,500 Title Security Agency Llc
Hansen Kyle $144,250 --
Mccarthy Shamus $125,000 Long Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Kyle $115,400
Previous Owner Mccarthy Shamus $112,500
Closed Hansen Kyle $14,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $251,250 0.0% $111 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $251,250 -- $111 / 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 $2,331 $18,939 -- --
2024 $2,245 $18,037 -- --
2023 $2,177 $17,179 $0 $0
2022 $2,155 $16,361 $0 $0
2021 $2,110 $14,839 $0 $0
2020 $2,097 $14,902 $0 $0
2019 $2,043 $15,123 $0 $0
2018 $1,977 $12,819 $0 $0
2017 $1,943 $12,819 $0 $0
2016 $1,860 $12,209 $0 $0
2015 $1,806 $11,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bill Satterly

    Realty Executives Arizona Territory

  • Chaz Loschiavo

    Buyer's Agent in 2020

    Chaz Loschiavo

    Keller Williams Southern Arizona

    (520) 907-8833

    1 in this area

    7 Total Sales

    Chaz Loschiavo
    Section Image

  • C

    Buyer's Agent in 2020

    Charles Loschiavo

    Keller Williams Southern Arizona

  • C

    Buyer's Agent in 2020

    Charles Loschiavo II

    Keller Williams Southern Arizona

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22007716

MLS of Southern Arizona

APN: 113-07-183A

Arizona Pima County Tucson 85719 Hedrick Acres

1408 E Hedrick Dr, Tucson, AZ

Not Listed for Sale

MultiFamily

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