NOT LISTED FOR SALE
-- Bed
-- Bath
9,032 Sq Ft
0.57 Acres

Last Sold May 20, 2015

Last sale price $485,000 $54 Per Sq Ft

49 Days on Market

About This Home

As of May 2015

Lushly landscaped 14 unit complex near Alvernon and Speedway. Most of the units are ground floor garden units with charming private walled-in yards. Building was constructed in two phases 1968 & 1972. 8 units have AC (2 newer units) & 6 units have evaporative cooling. Coin laundry on property + 2 units have in-unit washer/dryers. Rents are actual & expenses are a mix of actual/performa. Large half acre plus lot with ample parking. Great access to the University of Arizona, El Con Mall & Reid Park. Convenient to public transportation, restaurants & shopping.

Last Agent to Sell the Property

Jade Bossert

Tierra Antigua Realty Listed on: 04/01/2015

Tierra Antigua Realty

Last Buyer's Agent

Kristy Kelley

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1968

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 120x207.2

Home Design

  • 9,032 Sq Ft Home

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • $7,889 special tax assessment

Community Details

Overview

  • Speedway Park Subdivision

Building Details

  • Fuel Expense $3,374
  • Insurance Expense $4,302
  • Maintenance Expense $1,800
  • Professional Management Expense $5,289
  • Water Sewer Expense $7,782
  • Gross Income $71,398
  • Net Operating Income $40,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Speedway Park Lot 3 Blk. 8 Exc. E30'
  • List Price per Sq Ft: 54.81
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 443.00
  • Unit Info Average Monthly Rent Two Bedroom: 495.00
  • Unit Info Average Monthly Rent Studios: 295.00
  • Unit Info Number Of Units1 B R: 10
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 9032.00

Exterior Features

  • Construction: Concrete Block

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 200.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3374.00
  • Expenses Maintenance Supplies: 1800.00
  • Expenses Taxes Assessments: 7889.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.57
  • Lot Dimensions: 120x207.2
  • Lot Size Price Sq Ft: 19.94
  • Lot Sq Ft: 24829.00
  • Lot Sz Sold Prc Sq Ft: 19.53
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1968

Tax Info

  • Tax Code: 122-18-139B
  • Taxes: 7889.00
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $485,000 0.0% $54 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $485,000 -- $54 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21509625

MLS of Southern Arizona