NOT LISTED FOR SALE

Estimated Value: $314,671 - $739,000

-- Bed
-- Bath
1,800 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $74,900 $42 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $2,586/month

147 Days on Market

About This Home

As of February 2012

Price Reduced!!! Don't miss this great HUD 4-plex. Great investment property in a great Central location. Each unit has 1 Bedroom and 1 Bathroom. Near Pima/Alvernon in an established neighborhood. Live in 1 & rent the other 3. Charming southwest style w/quaint covered front porch. Cute backyard. These units have extensive tile flooring with a functional floor plan. Each unit has a living area that opens to the dining room & kitchen. Buyers will be financially responsible for dewinterization/rewinterization fees and for utility turn-on for inspections. Buyers to verify all Information. Square Footage, number of Bedrooms/Bathrooms, and Property Address are per FHA Appraiser. 4 units

Last Agent to Sell the Property

Ofelia Lichtenheld

Integra Group Real Estate, LLC Listed on: 08/09/2011

Co-Listed By

Eric Lichtenheld

Integra Group Real Estate, LLC

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 63 x 158

Home Design

  • 1,800 Sq Ft Home
  • Quadruplex

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window

Community Details

  • Palo Verde Add 2 Amd Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Palo Verde No 2 Amended N75' S328.45' E142.45' W172.45' Lot 5 Blk 2
  • List Price per Sq Ft: 44.33
  • Unit Info Number Of Units1 B R: 4
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1800.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.25
  • Lot Dimensions: 63 x 158
  • Lot Size Price Sq Ft: 7.33
  • Lot Sq Ft: 10890.00
  • Lot Sz Sold Prc Sq Ft: 6.88
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 122-16-2270
  • Taxes: 1951.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
Treusch Jennifer and Moore Russell C
Bought by
Moore Russell C
Current Estimated Value
$463,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$261,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$178,921

Purchase Details

Listed on
Aug 9, 2011
Closed on
Jan 26, 2012
Sold by
Donovan Shaun
Bought by
Moore Madeleine and Moore Edwin
Seller's Agent
Ofelia Lichtenheld
Integra Group Real Estate, LLC
Buyer's Agent
Non- Member
Non-Member Office
List Price
$114,000
Sold Price
$74,900
Premium/Discount to List
-$39,100
-34.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$52,400
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Palacios Edward G and Palacios Jean E
Bought by
Citimortgage Inc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Palacios Edward and Palacios Jean
Bought by
Logicstep Investments

Purchase Details

Closed on
Nov 26, 2007
Sold by
Logicstep Investments
Bought by
Palacios Edward G and Palacios Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,516
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2005
Sold by
Logicstep Investments
Bought by
Palacios Edward and Palacios Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.42%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 7, 2003
Sold by
Palacios Edward and Palacios Jean
Bought by
Logicstep Investments

Purchase Details

Closed on
Jul 29, 2002
Sold by
Postrzech John
Bought by
Palacios Edward G and Palacios Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2000
Sold by
Grinnan Ann E
Bought by
Postrzech John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
11.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1994
Sold by
Palm Orris A and Palm Ann E
Bought by
Grinnan Joseph P and Grinnan Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
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
Moore Russell C -- Pioneer Title
Moore Russell C -- Pioneer Title
Moore Madeleine -- Ttise
Moore Madeleine -- Ttise
Citimortgage Inc $219,878 Tfati
Secretary Of Housing & Urban Development -- Tfati
Logicstep Investments -- Tfnti
Palacios Edward G -- Tfnti
Palacios Edward -- --
Logicstep Investments -- --
Logicstep Investments -- --
Palacios Edward G $120,000 --
Postrzech John $108,000 --
Grinnan Joseph P $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Russell C $261,000
Previous Owner Moore Russell C $256,700
Previous Owner Moore Madeleine $52,400
Previous Owner Palacios Edward G $212,516
Previous Owner Palacios Edward G $211,120
Previous Owner Palacios Edward $200,000
Previous Owner Palacios Edward G $96,000
Previous Owner Postrzech John $86,400
Previous Owner Grinnan Joseph P $136,000
Closed Postrzech John $10,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2012 02/01/12 Sold $74,900 -34.3% $42 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
08/09/2011 08/09/11 For Sale $114,000 -- $63 / 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 $1,628 $12,827 -- --
2024 $1,628 $12,217 -- --
2023 $1,543 $11,635 $0 $0
2022 $1,543 $11,081 $0 $0
2021 $1,534 $10,051 $0 $0
2020 $1,488 $13,855 $0 $0
2019 $1,468 $13,845 $0 $0
2018 $1,436 $8,682 $0 $0
2017 $1,428 $8,682 $0 $0
2016 $1,418 $8,269 $0 $0
2015 $1,376 $7,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21121165

MLS of Southern Arizona

APN: 122-16-2270