NOT LISTED FOR SALE

1921 S 5th Ave Unit 1927 Tucson, AZ 85713

Estimated Value: $321,000 - $388,068

4 Beds
4 Baths
1,980 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $345,000 $174 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,972/month

19 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • 1-Story Property
  • Breakfast Area or Nook
  • Bungalow
  • Combination Dining and Living Room

About This Home

As of September 2023

Great investment opportunity for the experienced or starting investor. Masonary constructed 4-plex located near Downtown. Four-One bedroom units with off street parking. Units have been refreshed with new double pane front windows, flooring, and exterior painting. Washing machine hook-up. Rear enclosed yard. Owner pays all utilities but each unit has an individual gas/electric meter. 4-plex has one tax code. Owner/Agent.

Last Agent to Sell the Property

Manny Bermudez

HomeSmart Advantage Group Listed on: 07/06/2023

Last Buyer's Agent

Aaron Morales

United Real Estate Specialists

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1962

Lot Details

  • 6,002 Sq Ft Lot
  • Lot Dimensions are 132.5 x 45.3 x 132.5 x 45.3
  • Property fronts an alley
  • East or West Exposure
  • Chain Link Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Bungalow
  • Built-Up Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level

Schools

  • Mission View Elementary School
  • Utterback-Magnet Middle School
  • Pueblo High School

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $1,003 special tax assessment

Community Details

Overview

  • Home Addition No. 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $6,720
  • Insurance Expense $1,200
  • Maintenance Expense $1,800
  • Water Sewer Expense $3,000
  • Gross Income $33,020
  • Net Operating Income $19,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,003

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: HOME NO 2 LOT 10 BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 185.35
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units1 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Smoke Detector
  • Floor Covering Other: VCT Tile
  • Window Coverings: Stay
  • Gross Sq Ft: 1980.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Family Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Other
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Evaporative Cooling
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 6720.00
  • Expenses Maintenance Supplies: 1800.00
  • Expenses Taxes Assessments: 1002.83

Schools

  • School District: TUSD
  • Elementary School: Mission View
  • Middle School: Utterback-Magnet
  • High School: Pueblo

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: 132.5 x 45.3 x 132.5 x 45.3
  • Lot Features: Adjacent to Alley, Corner Lot, East/West Exposure
  • Lot Size Price Sq Ft: 61.14
  • Lot Sq Ft: 6002.25
  • Lot Sz Sold Prc Sq Ft: 57.48
  • Municipality Zoning: South Tucson - SB2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1962

Rental Info

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

Tax Info

  • Tax Code: 118-25-0230
  • Taxes: 1002.83
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Utterback-Magnet
  • Elementary School: Mission View
  • High School: Pueblo
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 30, 2023
Sold by
Bermudez Manuel and Bermudez Cecilia A
Bought by
Corella Gadhi Kadmiel
Seller's Agent
Manny Bermudez
HomeSmart Advantage Group
Buyer's Agent
Aaron Morales
United Real Estate Specialists
List Price
$367,000
Sold Price
$345,000
Premium/Discount to List
-$22,000
-5.99%
Views
36
Current Estimated Value
$353,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,356
Avg. Annual Appreciation
1.19%
Original Mortgage
$338,751
Outstanding Balance
$331,321
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$22,035

Purchase Details

Closed on
Sep 15, 2022
Sold by
Bermudez Jr Manuel L
Bought by
Bermudez Manuel and Bermudez Cecilia A

Purchase Details

Closed on
Nov 13, 1996
Sold by
Bermudez Manuel G and Bermudez Elma L
Bought by
Bermudez Manuel G and Bermudez Elma L
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Corella Gadhi Kadmiel $370,000 Pima Title
Bermudez Manuel -- --
Bermudez Manuel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corella Gadhi Kadmiel $338,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $345,000 -6.0% $174 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $367,000 -- $185 / 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 $1,086 $9,118 -- --
2024 $1,086 $8,684 -- --
2023 $1,023 $8,270 $0 $0
2022 $1,003 $7,876 $0 $0
2021 $1,010 $7,144 $0 $0
2020 $979 $11,025 $0 $0
2019 $966 $9,106 $0 $0
2018 $941 $6,171 $0 $0
2017 $942 $6,171 $0 $0
2016 $937 $5,877 $0 $0
2015 $874 $5,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22314355

MLS of Southern Arizona

APN: 118-25-0230