NOT LISTED FOR SALE

Estimated Value: $222,000 - $371,692

-- Bed
2 Baths
1,898 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $159,900 $84 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,856/month

242 Days on Market

Highlights

  • 1.06 Acre Lot
  • Flowing Wells High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Investor Needed!!! 1.06 Acre parcel zoned MH2 with a Solid Brick 3BR/2BA home & 2BR/1BA Guest House on 1.06 Acre lot with a 35'x25' garage & additional storage shed. Zoning allows for additional units, maybe as many as 8 total. ***Do not disturb tenants****Range Pricing- Seller will accept or counter offer between $159900-$169900

Last Agent to Sell the Property

Rocco Racioppo

Keller Williams Southern Arizona Listed on: 03/07/2015

Co-Listed By

Rocco Racioppo

Keller Williams Southern Arizona

Last Buyer's Agent

Vickie Jacobs

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1985

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 180x257x180x257

Home Design

  • 1,898 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $2,073 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision

Building Details

  • Insurance Expense $436
  • Maintenance Expense $366
  • Gross Income $15,300
  • Net Operating Income $12,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: S257' N495' W180' SW4 SE4 1.06 Ac Sec 27-13-13
  • List Price per Sq Ft: 84.25
  • Unit Info Average Monthly Rent Two Bedroom: 475.00
  • Unit Info Average Monthly Rent Three Bedroom: 800.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1898.00

Utilities

  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Water Company: Flowing Wells

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 366.00
  • Expenses Taxes Assessments: 2073.25

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.06
  • Lot Dimensions: 180x257x180x257
  • Lot Size Price Sq Ft: 3.46
  • Lot Sq Ft: 46174.00
  • Lot Sz Sold Prc Sq Ft: 3.46
  • Municipality Zoning: Tucson - MH2

Building Info

  • Year Built: 1985

Tax Info

  • Tax Code: 106-12-0710
  • Taxes: 2073.75
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2015
Closed on
Oct 30, 2015
Sold by
Boehm Steven L
Bought by
Graves David M and Graves Jennifer D
Seller's Agent
Rocco Racioppo
Keller Williams Southern Arizona
Buyer's Agent
Vickie Jacobs
Tierra Antigua Realty
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$294,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,523
Avg. Annual Appreciation
6.71%
Original Mortgage
$157,003
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2004
Sold by
Stewart Jason
Bought by
Boehm Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2004
Sold by
Boehm Christine M
Bought by
Boehm Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2003
Sold by
Brown Charles N and Brown Gloria A
Bought by
Stewart Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Graves David M $159,900 Stewart Title & Tr Of Tucson
Boehm Steven $185,000 --
Boehm Steven $185,000 --
Boehm Steven -- --
Stewart Jason $170,000 --
Stewart Jason $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves David M $80,000
Open Graves David M $146,808
Closed Graves David M $157,609
Closed Graves David M $157,003
Previous Owner Boehm Steve $148,000
Previous Owner Boehm Steven $148,000
Previous Owner Stewart Jason $153,000
Previous Owner Stewart Jason $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2015 11/04/15 Sold $159,900 0.0% $84 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $159,900 -- $84 / 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 $2,758 $21,838 -- --
2023 $2,570 $20,798 $0 $0
2022 $2,570 $19,808 $0 $0
2021 $2,520 $17,966 $0 $0
2020 $2,469 $17,966 $0 $0
2019 $2,428 $19,975 $0 $0
2018 $2,339 $15,520 $0 $0
2017 $2,251 $15,520 $0 $0
2016 $2,451 $14,781 $0 $0
2015 $2,308 $14,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21507130

MLS of Southern Arizona

APN: 106-12-0710