NOT LISTED FOR SALE

Estimated Value: $314,000 - $454,420

3 Beds
3.5 Baths
2,472 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $126,000 $51 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,334/month

75 Days on Market

Highlights

  • 1.08 Acre Lot
  • Contemporary Architecture
  • Covered Patio or Porch
  • Mountain View
  • Great Room
  • Breakfast Bar

About This Home

As of June 2013

Great opportunity to own a HUD Home and save thousands! Absolutely beautiful newer custom home! Spacious and open living area with tile floors throughout. Located on over 1 acre with a huge backyard, no neighbors to the rear, and unbeatable mountain views. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov foradditional information regarding flood zones and insurance. Per FHA Appraisal, home has 3.5 bathrooms. For overbidding and/or escrow repair information, please see attached ''Overbidding and Escrow Repair'' MLS addendum. Bidding on a HUD home is quick and easy! Agents or buyers call our office if we can help with any part of the bidding process.

Last Agent to Sell the Property

Tim Rehrmann

Tierra Antigua Realty Listed on: 02/16/2013

Co-Listed By

David Dynes

Tierra Antigua Realty

Last Buyer's Agent

Matthew Tennyson

Realty Executives Southern AZ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 2003

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 159x131x176x76x334x208
  • Block Wall Fence
  • Desert Landscape
  • Front Yard
  • Property is zoned Tucson - R1

Home Design

  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof

Interior Spaces

  • 2,472 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Schools

  • Oyama Elementary School
  • Maxwell K-8 Middle School
  • Cholla High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • Hiram Banks Acres Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Contemporary
  • Technology: Cable TV
  • Legal Description: Hiram Banks Acres S210' W165' & S75' E165' Lot 25
  • Misc Deletes Disability Adapted: No
  • Building Stories: One
  • List Price per Sq Ft: 50.97
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedroom Plan
  • Fireplace Location: None
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: No
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Laundry Room
  • Extra Room: Storage
  • Combined Sq Ft: 2472.00
  • Interior Steps YN: N
  • Main House Sq Ft: 2472.00
  • Source Of Sq Ft: Appraiser

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Stucco Finish
  • Guest Facilities: None
  • Landscape Front: Low Care
  • Landscape Rear: Natural Desert
  • Patio Deck: Covered
  • Pool: None
  • Roof: Tile
  • Spa: None
  • View: Mountains

Garage/Parking

  • Rv Parking: None

Utilities

  • Water: City
  • Fire Protection: Included in Taxes
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None
  • Neighborhood Feature: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Schools

  • School District: TUSD
  • Elementary School: Oyama
  • Middle School: Maxwell K-8
  • High School: Cholla

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 1.08
  • Lot Dimensions: 159x131x176x76x334x208
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 2.68
  • Lot Sq Ft: 47045.00
  • Lot Sz Sold Prc Sq Ft: 2.68
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2003

Tax Info

  • Tax Code: 118-06-081B
  • Taxes: 2250.13
  • Tax Year: 2012

MLS Schools

  • Middle School: Maxwell K-8
  • Elementary School: Oyama
  • High School: Cholla
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2013
Closed on
Jun 14, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Clark Leo E and Clark Sheryl A
Seller's Agent
Tim Rehrmann
Tierra Antigua Realty
Buyer's Agent
Matthew Tennyson
Realty Executives Southern AZ
List Price
$126,000
Sold Price
$126,000
Current Estimated Value
$394,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,105
Avg. Annual Appreciation
9.67%
Original Mortgage
$123,717
Outstanding Balance
$89,017
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$305,088

Purchase Details

Closed on
Nov 12, 2012
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 8, 2012
Sold by
Rascon Jose Z and Rascon Evelia
Bought by
Midfirst Bank

Purchase Details

Closed on
Apr 11, 2001
Sold by
Pedrego Ramon A and Pedrego Maria J
Bought by
Rascon Jose Z and Rascon Evelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Clark Leo E -- Title Security Agency
Clark Leo E -- Title Security Agency
Secretary Of Housing & Urban Development -- Metia
Midfirst Bank $208,781 Metia
Midfirst Bank $208,781 Metia
Rascon Jose Z $26,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Leo E $123,717
Closed Clark Leo E $123,717
Previous Owner Rascon Jose Z $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $126,000 0.0% $51 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $126,000 -- $51 / 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 $3,007 $23,693 -- --
2024 $3,007 $22,565 -- --
2023 $2,851 $21,491 $0 $0
2022 $2,851 $20,467 $0 $0
2021 $2,834 $18,564 $0 $0
2020 $2,748 $18,564 $0 $0
2019 $2,712 $18,871 $0 $0
2018 $2,653 $16,037 $0 $0
2017 $2,638 $16,037 $0 $0
2016 $2,547 $15,273 $0 $0
2015 $2,468 $14,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21304647

MLS of Southern Arizona

APN: 118-06-081B