NOT LISTED FOR SALE

1518 E Hedrick Dr Tucson, AZ 85719

Hedrick Acres Neighborhood
-- Bed
-- 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

Matt Bollinger

Long Realty

Long Realty

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
  • Unit Info Average Monthly Rent One Bedroom: 400.00
  • Unit Info Average Monthly Rent Two Bedroom: 572.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 24
  • 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

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.70
  • Lot Dimensions: 254 x 90
  • Lot Size Price Sq Ft: 14.83
  • Lot Sq Ft: 73852.00
  • Lot Sz Sold Prc Sq Ft: 13.88
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1975

Tax Info

  • Tax Code: 113-07-190A
  • Taxes: 13129.00
  • Tax Year: 2014

Range of Values:

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Sold Price
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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
05/04/2015 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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mick Cluck

    Coldwell Banker Realty

  • Matt Bollinger

    Buyer's Agent in 2015

    Matt Bollinger

    Long Realty

    (520) 955-3164

    106 Total Sales

    Matt Bollinger
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Map

Source: MLS of Southern Arizona

MLS Number: 21433042

MLS of Southern Arizona

Arizona Pima County Tucson 85719 Hedrick Acres

1518 E Hedrick Dr, Tucson, AZ

This home is located at 1518 E Hedrick Dr, Tucson, AZ 85719 since 01 December 2014. This property was built in 1975. 1518 E Hedrick Dr is a home located in Pima County with nearby schools including Frances Owen Holaway Elementary School, Amphitheater Middle School, and Amphitheater High School.

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