NOT LISTED FOR SALE

1624 E 8th St Tucson, AZ 85719

Rincon Heights Neighborhood

Estimated Value: $317,000 - $375,472

2 Beds
2 Baths
928 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $300,000 $323 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,008/month

54 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Breakfast Bar
  • Sam Hughes Elementary Rated 10
  • Wood Flooring
  • Living Room

About This Home

As of July 2022

This duplex (units detached) is located only 2 blocks from University of Arizona so it's a quick walk or bike ride to school which makes it a very desirable location for rental properties. Perfect property for an investor to purchase or to live in one & rent out the other. Units have been well maintained & sit on a big R-2 lot which has lots of potential & endless opportunities. Each unit pays for their own electric & gas on separate meters and water/trash is included in the rent which is average approx. $50 per month. Please do not disturb tenants. Lease agreements must be honored till 11/2022 & 02/2023. Each unit has one covered parking space in carport on the premises and their is still enough parking for visitors.

Last Agent to Sell the Property

Andriana Carrasco

Long Realty Listed on: 05/05/2022

Long Realty

Co-Listed By

David Carrasco

Long Realty

Last Buyer's Agent

Andriana Carrasco

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1926

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50 x 150 x 50 x 150
  • East or West Exposure
  • Chain Link Fence
  • Landscaped with Trees

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Adobe

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Mountain Views
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Shower Only in Secondary Bathroom
  • Garden Bath

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Location

  • Ground Level

Schools

  • Sam Hughes Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $1,843 special tax assessment

Community Details

Overview

  • Bingham Addition Subdivision
  • RV Parking in Community

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $800
  • Professional Management Expense $2,010
  • Water Sewer Expense $600
  • Gross Income $20,100
  • Net Operating Income $14,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,843

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Bingham Lot 5 Blk 1
  • Attached Detached: Detached
  • List Price per Sq Ft: 360.99
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Carpet, Wood
  • Gross Sq Ft: 928.00
  • Bathroom Features: Garden Tub, Shower Only/Hall
  • Breakfast: None
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Mud Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Decorative Gravel, Trees
  • Landscape Rear: Decorative Gravel, Trees
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • Rv Parking: Space Available
  • Total Parking: 2

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: None
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Wall Unit(s)
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1842.91

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 50 x 150 x 50 x 150
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 44.71
  • Lot Sq Ft: 7492.00
  • Lot Sz Sold Prc Sq Ft: 40.04
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1926

Rental Info

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

Tax Info

  • Tax Code: 124-09-0060
  • Taxes: 1842.91
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Sam Hughes
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Bushroe Helena
Bought by
Nine Yards Homes Llc
Current Estimated Value
$351,868

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 6, 2022
Sold by
Duarte Rosario G and Mccrillis Farrah L
Bought by
Bushroe Helena
Seller's Agent
Andriana Carrasco
Long Realty
Buyer's Agent
Andriana Carrasco
Long Realty
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 20, 2021
Sold by
Benge Philip E and Benge Barbara C
Bought by
Duarte Rosario G and Mccrillis Farrah L
Seller's Agent
Daniel Reichardt
Genesis Real Estate & Management
Buyer's Agent
Andriana Carrasco
Long Realty
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.05%
Original Mortgage
$172,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Benge Philip E and Benge Barbara C
Bought by
Philip E Benge & Barbara C Benge Family

Purchase Details

Closed on
Jul 22, 2010
Sold by
Presidio Flower Llc
Bought by
Chapel Avenue Llc

Purchase Details

Closed on
Feb 4, 2010
Sold by
Cristello Gabriel W and Juliver Steven J
Bought by
Presidio Flower Llc

Purchase Details

Closed on
Sep 12, 2008
Sold by
Roby Eric
Bought by
Benge Philip E and Benge Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2007
Sold by
Lopez Sylvia M and Mariscal Roy A
Bought by
Roby Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,166
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2007
Sold by
Cristello Gabriel
Bought by
Presidio Flower Llc

Purchase Details

Closed on
Aug 21, 2007
Sold by
Cristello Gabriel
Bought by
Presidio Flower Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nine Yards Homes Llc -- --
Bushroe Helena $300,000 Fidelity National Title
Duarte Rosario G $230,000 Long Title Agency Inc
Philip E Benge & Barbara C Benge Family -- None Available
Chapel Avenue Llc -- None Available
Presidio Road Llc -- None Available
Presidio Flower Llc -- Accommodation
Presidio Flower Llc -- None Available
Presidio Flower Llc -- Accommodation
Benge Philip E $155,000 Ttise
Roby Eric $98,500 Ttise
Presidio Flower Llc -- Ticor
Presidio Flower Llc -- Ticor
Presidio Flower Llc -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duarte Rosario G $172,500
Previous Owner Benge Philip E $50,000
Previous Owner Roby Eric $98,166
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2022 07/13/22 Sold $300,000 -10.4% $323 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/12/2022 06/12/22 Price Changed $335,000 -2.9% $361 / Sq Ft
05/25/2022 05/25/22 Price Changed $344,999 -1.4% $372 / Sq Ft
05/05/2022 05/05/22 For Sale $350,000 +52.2% $377 / Sq Ft
06/02/2021 06/02/21 Sold $230,000 0.0% $248 / Sq Ft View Prior Sale
05/03/2021 05/03/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $230,000 -- $248 / 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 $2,038 $15,406 -- --
2024 $1,845 $14,673 -- --
2023 $1,845 $13,974 $0 $0
2022 $1,854 $13,309 $0 $0
2021 $1,843 $12,071 $0 $0
2020 $1,787 $12,071 $0 $0
2019 $1,763 $14,715 $0 $0
2018 $1,725 $10,428 $0 $0
2017 $1,715 $10,428 $0 $0
2016 $1,739 $10,428 $0 $0
2015 $1,619 $10,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andriana Carrasco

    Long Realty

    (520) 230-6200

    2 in this area

    70 Total Sales

    Andriana Carrasco
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David Carrasco

    Long Realty

    (520) 270-1319

    2 in this area

    19 Total Sales

    David Carrasco
    Section Image

  • D

    Seller's Agent in 2021

    Daniel Reichardt

    Genesis Real Estate & Management

  • I

    Seller Co-Listing Agent in 2021

    Ian Thomas

    Genesis Real Estate & Management

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22211527

MLS of Southern Arizona

APN: 124-09-0060

Arizona Pima County Tucson 85719 Rincon Heights

1624 E 8th St, Tucson, AZ

Not Listed for Sale

MultiFamily

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