NOT LISTED FOR SALE

Estimated Value: $317,000 - $530,000

6 Beds
4 Baths
8,262 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $230,000 $28 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,403/month

32 Days on Market

Highlights

  • RV Parking in Community
  • Vaulted Ceiling
  • Great Room
  • Mountain View
  • Mediterranean Architecture
  • Covered Patio or Porch

About This Home

As of December 2018

Newly constructed duplex. Each unit has 3 bedrooms and two baths. Close to the University of Arizona. These units have high ceilings large closets, new appliances and could be rented to students.

Last Agent to Sell the Property

Jerry Andre Marbury

HomeSmart Advantage Group Listed on: 11/08/2018

Last Buyer's Agent

Aaron Dominguez

United Real Estate Specialists

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 54 x 153 x 54 x 153
  • East or West Exposure
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Front Yard

Home Design

  • Duplex
  • Mediterranean Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 8,262 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage
  • Laundry closet
  • Concrete Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Secondary Bathroom
  • Separate Shower

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Driveway

Schools

  • Borman Elementary School
  • Safford K-8 Magnet Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $400 special tax assessment

Community Details

Overview

  • Mcinnes Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $800
  • Maintenance Expense $200
  • Manager Expense $1,200
  • Professional Management Expense $1,000
  • Gross Income $43,800
  • Net Operating Income $39,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$432

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Mediterranean
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: MCINNES S2 LOT 4 BLOCK C
  • Attached Detached: Attached
  • List Price per Sq Ft: 28.44
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Three Bedroom: 1500.00
  • Unit Info Number Of Units3 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector, Split Bedroom Plan, Storage, Vaulted Ceilings, Walk In Closets
  • Window Coverings: None
  • Floor Covering: Concrete
  • Gross Sq Ft: 8262.00
  • Bathroom Features: Dual Sinks/Primary, Jack & Jill, Separate Shower(s), Shower Only/Hall, Shower Only/Primary
  • Breakfast: Area, Bar, Eat-In
  • Dining Areas: Breakfast Bar, Dining in LR/GR, Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Pantry: Closet
  • Living Areas: Great Room, Living Room, Off Kitchen
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Double Sink, Electric Range
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: TBD
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Rv Parking: Space Available
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • 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: Paved Street

Fee Information

  • Expenses Admin Expenses: 500.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 200.00
  • Expenses Other Expenses: 400.00
  • Expenses Resident Manager: 1200.00
  • Expenses Taxes Assessments: 400.00

Schools

  • School District: TUSD
  • Elementary School: Borman
  • Middle School: Safford K-8 Magnet
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.19
  • Lot Dimensions: 54 X 153 X 54 X 153
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 28.40
  • Lot Sq Ft: 8276.00
  • Lot Sz Sold Prc Sq Ft: 27.79
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 2018

Rental Info

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

Tax Info

  • Tax Code: 129-11-021A
  • Taxes: 431.72
  • Tax Year: 2017
  • Taxes For: Only for Land

MLS Schools

  • Middle School: Safford K-8 Magnet
  • Elementary School: Borman
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 19, 2018
Sold by
Demic Reginald K
Bought by
Sanchez Luis A
Seller's Agent
Jerry Andre Marbury
HomeSmart Advantage Group
Buyer's Agent
Aaron Dominguez
United Real Estate Specialists
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$418,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,837
Avg. Annual Appreciation
9.23%
Original Mortgage
$112,500
Outstanding Balance
$99,313
Interest Rate
4.9%
Mortgage Type
VA
Estimated Equity
$319,524

Purchase Details

Closed on
Mar 8, 2017
Sold by
Dahlstrom Arthur Fredrick
Bought by
Demic Reginald K and Dernic Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 1999
Sold by
Inkman Barbara
Bought by
Dahlstrom Arthur F
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
Sanchez Luis A $227,500 Stewart Title & Trust Of Tuc
Demic Reginald K $51,000 Stewart Title & Tr Of Tucson
Demic Reginald K $51,000 Stewart Title & Tr Of Tucson
Dahlstrom Arthur F $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Luis A $112,500
Previous Owner Demic Reginald K $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2018 12/26/18 Sold $230,000 0.0% $28 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $230,000 -- $28 / 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 $2,075 $18,576 -- --
2024 $2,075 $17,692 -- --
2023 $1,960 $16,849 $0 $0
2022 $1,960 $16,047 $0 $0
2021 $1,967 $14,555 $0 $0
2020 $1,888 $15,977 $0 $0
2019 $345 $2,250 $0 $0
2018 $402 $2,625 $0 $0
2017 $432 $2,625 $0 $0
2016 $438 $2,625 $0 $0
2015 $475 $2,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21829844

MLS of Southern Arizona

APN: 129-11-021A