NOT LISTED FOR SALE
Studio
-- Bath
19,250 Sq Ft
1.7 Acres

Last Sold May 04, 2015

Last sale price $1,025,000 $53 Per Sq Ft

142 Days on Market

About This Home

As of May 2015

Garden style single story 25 unit complex located 1.5 miles north of the university. Property can easily be re-tenanted to U of A students. Units have been sub-metered for water and owner bills tenant for sewer and water. Property is in good condition, has rental office, individual fenced yards, and easy-care landscaping. Financials are a blend of actual and projected numbers.

Last Agent to Sell the Property

Mick Cluck

Coldwell Banker Realty Listed on: 12/01/2014

Last Buyer's Agent

Matthew Bollinger

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,129

Year Built

  • Built in 1975

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 254 x 90

Home Design

  • 19,250 Sq Ft Home
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $13,219 special tax assessment

Community Details

Overview

  • Hedrick Acreage No. 1 Subdivision

Building Details

  • Fuel Expense $4,284
  • Insurance Expense $7,500
  • Maintenance Expense $18,000
  • Manager Expense $9,600
  • Water Sewer Expense $10,800
  • Gross Income $157,575
  • Net Operating Income $89,544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,129

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Hedrick Acreage Tract No 3 lot 8 & 9 Blk F
  • List Price per Sq Ft: 56.88
  • Miscellaneous Package Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 19250.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: None
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 500.00
  • Expenses Contract Services: 4128.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 4284.00
  • Expenses Maintenance Supplies: 18000.00
  • Expenses Resident Manager: 9600.00
  • Expenses Taxes Assessments: 13219.00

Lot Info

  • Lot Acres: 1.70
  • Lot Dimensions: 254 x 90
  • Lot Size Price Sq Ft: 14.83
  • Lot Sq Ft: 73852.00
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1975

Tax Info

  • Tax Code: 113-07-190A
  • Taxes: 13129.00
  • Tax Year: 2014
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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 List to Sale Price per Sq Ft
05/04/2015 05/04/15 Sold $1,025,000 0.0% $53 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $1,025,000 -- $53 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $14,053 $119,897 -- --
2025 $14,053 $114,188 -- --
2024 $13,535 $108,750 -- --
2023 $13,569 $107,085 $0 $0
2022 $13,435 $101,985 $0 $0
2021 $13,151 $92,504 $0 $0
2020 $13,071 $92,504 $0 $0
2019 $12,786 $88,454 $0 $0
2018 $12,993 $87,500 $0 $0
2017 $13,521 $87,500 $0 $0
2016 $13,417 $87,500 $0 $0
2015 $13,384 $87,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21433042

MLS of Southern Arizona