NOT LISTED FOR SALE

Estimated Value: $505,000 - $621,096

5 Beds
4 Baths
2,213 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $475,000 $215 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,324/month

97 Days on Market

Highlights

  • Two Primary Bathrooms
  • Corner Lot
  • Breakfast Area or Nook
  • Sam Hughes Elementary Rated 10
  • Covered Patio or Porch
  • Family Room Off Kitchen

About This Home

As of August 2021

Just blocks from the University of Arizona an amazing investment property is waiting for you. 2 Single family homes on 1 lot. Each unit has its own laundry, covered parking, security bars on windows and private backyards. The front house unit A is a 3 bed 2 bath and Unit B is a 2 bed 2 bath. Each unit has its own electric meter but share a water meter. Please do not disturb the tenants. Listing agent is related to the sellers.

Last Agent to Sell the Property

Christina Duffy

D.L. White Real Estate, Inc. Listed on: 05/14/2021

D.L. White Real Estate, Inc.

Last Buyer's Agent

Kim McAloney

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x127
  • Property fronts an alley
  • East or West Exposure
  • Block Wall Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Masonry

Interior Spaces

  • 2,213 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Laundry in Kitchen

Kitchen

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

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Two Primary Bathrooms
  • Bathtub with Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $3,873 special tax assessment

Community Details

Overview

  • Altadina Heights Addition, Blk 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $994
  • Maintenance Expense $2,968
  • Water Sewer Expense $1,569
  • Gross Income $26,500
  • Net Operating Income $14,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Altadina Heights Lot 1 Blk 2
  • Attached Detached: Detached
  • List Price per Sq Ft: 225.92
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 1200.00
  • Unit Info Average Monthly Rent Three Bedroom: 1100.00
  • 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

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Concrete
  • Gross Sq Ft: 2213.00
  • Bathroom Features: 2 Primary Baths, Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Living Room, Off Kitchen
  • Laundry: In Kitchen, Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Low Care, Trees
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street, Sidewalks

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 2968.00
  • Expenses Other Expenses: 2318.00
  • Expenses Taxes Assessments: 3872.62

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: 50x127
  • Lot Features: Adjacent to Alley, Corner Lot, East/West Exposure, North/South Exposure
  • Lot Size Price Sq Ft: 76.52
  • Lot Sq Ft: 6534.00
  • Lot Sz Sold Prc Sq Ft: 72.70
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1948

Rental Info

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

Tax Info

  • Tax Code: 124-09-0790
  • Taxes: 3872.62
  • Tax Year: 2020
  • 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

Listed on
May 14, 2021
Closed on
Aug 19, 2021
Sold by
Duffy Gary J and Duffy Charleen L
Bought by
Ference Lori Ann and Ference Joseph Andrew
Seller's Agent
Christina Duffy
D.L. White Real Estate, Inc.
Buyer's Agent
Kim McAloney
Long Realty
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$574,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,024
Avg. Annual Appreciation
4.42%
Original Mortgage
$380,000
Outstanding Balance
$345,538
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,486

Purchase Details

Closed on
Apr 20, 1998
Sold by
Wild Stephen S
Bought by
Harvey Lois
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ference Lori Ann $475,000 Long Title Agency Inc
Harvey Lois -- --
Duffy Gary J $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ference Lori Ann $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $475,000 0.0% $215 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $475,000 -- $215 / 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 $3,896 $33,390 -- --
2024 $3,998 $31,800 -- --
2023 $4,017 $30,286 $0 $0
2022 $4,017 $28,844 $0 $0
2021 $3,994 $26,162 $0 $0
2020 $3,873 $26,162 $0 $0
2019 $3,822 $29,700 $0 $0
2018 $3,738 $22,600 $0 $0
2017 $3,717 $22,600 $0 $0
2016 $3,646 $21,868 $0 $0
2015 $3,533 $20,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22112511

MLS of Southern Arizona

APN: 124-09-0790