NOT LISTED FOR SALE

1487 E Hampton St Tucson, AZ 85719

Jefferson Park Neighborhood

Estimated Value: $699,000 - $868,000

8 Beds
4 Baths
2,869 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $680,000 $237 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,511/month

117 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Breakfast Area or Nook
  • Contemporary Architecture
  • Community Pool
  • Formal Dining Room

About This Home

As of January 2018

Gorgeous Student Rental Leased through July 2018 listed at 7.65% Cap Rate! Duplex Unit. BRAND NEW POOL 2017 and remodeled bathrooms in man house 2017! 5bd/2.5 bathroom front unit and 3bd/1bth back unit. Zero vacancy since 2007. Tenants pay all utilites. Located in desirable Jefferson Park less than one mile to UofA and UMC. Amazing floorplan and features, see attachments. New Bathroom in back house 2015, Interior repainted 2014, Exterior repainted 2012, New AC in front house in 2012, New Corian countertops in 2011, New AC back house 2007, New Roof all 2007. House well maintained. Great Cashflow on this really desirable property that is grand fathered nonconforming use. One of Members of LLC is licensed to sell real estate in AZ.

Last Agent to Sell the Property

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 08/17/2017

Last Buyer's Agent

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 08/17/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 1939

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts an alley
  • Wrought Iron Fence
  • Block Wall Fence

Home Design

  • Duplex
  • Contemporary Architecture
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,869 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Formal Dining Room
  • Storage
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Courtyard
  • Slab Porch or Patio

Location

  • Ground Level

Schools

  • Cragin Elementary School
  • Doolen Middle School
  • Tucson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $2,569 special tax assessment

Community Details

Overview

  • Jefferson Park Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Building Details

  • Fuel Expense $250
  • Insurance Expense $749
  • Maintenance Expense $3,500
  • Professional Management Expense $7,200
  • Gross Income $72,000
  • Net Operating Income $55,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,646

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: MONTEREY AMENDED LOT 20 & E2 LOT 19 BLK 35
  • Attached Detached: Attached
  • List Price per Sq Ft: 243.99
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector, Split Bedroom Plan, Storage
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Wood
  • Gross Sq Ft: 2869.00
  • Bathroom Features: Separate Shower(s), Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Formal Dining Room
  • Dining Room: Formal
  • Living Areas: Family Room
  • Laundry: Storage
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Dishwasher, Garbage Disposal, Gas Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Wrought Iron
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Decorative Gravel
  • Patio Deck: Slab
  • Pool: Community
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: Community
  • View: Mountain(s)
  • Exterior Feature: Courtyard

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Wall Unit(s), Zoned
  • Main Heating: Baseboard, Forced Air, Natural Gas
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Admin Expenses: 315.00
  • Expenses Capital Expenses: 1500.00
  • Expenses Contract Services: 345.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 250.00
  • Expenses Maintenance Supplies: 3500.00
  • Expenses Other Expenses: 25.00
  • Expenses Taxes Assessments: 2569.00

Schools

  • School District: TUSD
  • Elementary School: Cragin
  • Middle School: Doolen
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.19
  • Lot Dimensions: Irregular
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 84.58
  • Lot Sq Ft: 8276.00
  • Lot Sz Sold Prc Sq Ft: 82.17
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1939

Rental Info

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

Tax Info

  • Tax Code: 123-12-1270
  • Taxes: 2646.36
  • Tax Year: 2015
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Cragin
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
1487 E Hampton Llc
Bought by
Bear Down Properties Llc
Current Estimated Value
$774,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 11, 2015
Sold by
Reidhead Jarrett W
Bought by
1487 E Hampton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
1487 E Hampton Llc
Bought by
Reidhead Jarrett W

Purchase Details

Closed on
Dec 4, 2009
Sold by
1487 E Hampton Llc
Bought by
Reidhead Jarrett and Reidhead Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Koontz Wade D and Koontz Mary Elizabeth
Bought by
Hampton Llc

Purchase Details

Closed on
Mar 7, 2007
Sold by
Weinstein Carl H and Saks Gila
Bought by
Koontz Wade D and Koontz Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Weinstein Carl H and Saks Gila
Bought by
Weinstein Carl H and Saks Gila

Purchase Details

Closed on
May 29, 1998
Sold by
Dipalermo Paul L and Dipalermo Vincenza
Bought by
Weinstein Carl H and Saks Gila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.1%
Mortgage Type
Seller Take Back
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
Bear Down Properties Llc $680,000 Title Security Agency Llc
Bear Down Properties Llc $680,000 Title Security Agency Llc
1487 E Hampton Llc -- None Available
Reidhead Jarrett W -- Title Security Agency Llc
Reidhead Jarrett -- Tfati
1487 E Hampton Llc -- Accommodation
Hampton Llc -- None Available
Koontz Wade D $389,000 Ttise
Weinstein Carl H -- None Available
Weinstein Carl H -- None Available
Weinstein Carl H -- None Available
Weinstein Carl H -- None Available
Weinstein Carl H $78,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bear Down Properties Llc $500,000
Closed Bear Down Properties Llc $500,000
Open Bear Down Properties Llc $2,050,000
Previous Owner Bear Down Properties Llc $474,000
Previous Owner Reidhead Jarrett W $259,000
Previous Owner Reidhead Jarrett $307,000
Previous Owner Koontz Wade D $311,200
Previous Owner Weinstein Carl H $192,500
Previous Owner Weinstein Carl H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $680,000 0.0% $237 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $680,000 -- $237 / 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 $3,224 $24,198 -- --
2023 $3,057 $23,046 $0 $0
2022 $3,057 $21,948 $0 $0
2021 $3,039 $19,908 $0 $0
2020 $2,947 $26,089 $0 $0
2019 $2,908 $26,630 $0 $0
2018 $2,844 $17,197 $0 $0
2017 $2,828 $17,197 $0 $0
2016 $2,749 $16,378 $0 $0
2015 $2,646 $15,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jarrett Reidhead

    Tucson Integrity Realty, LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21721743

MLS of Southern Arizona

APN: 123-12-1270

Arizona Pima County Tucson 85719 Jefferson Park

1487 E Hampton St, Tucson, AZ

This home is located at 1487 E Hampton St, Tucson, AZ 85719 since 17 August 2017 and is currently estimated at $774,794, approximately $270 per square foot. This property was built in 1939. 1487 E Hampton St is a home located in Pima County with nearby schools including Blenman Elementary School, Doolen Middle School, and Catalina High School.

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