NOT LISTED FOR SALE

Estimated Value: $275,000 - $287,000

6 Beds
5 Baths
2,000 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $118,000 $59 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,632/month

87 Days on Market

Highlights

  • Ranch Style House
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Covered Patio or Porch
  • Combination Dining and Living Room
  • Wood Fence

About This Home

As of July 2019

Cash Flow... Great ROI... Income property is producing and there is room for more. This multi-unit is operating at about 80%, with a few improvements is can be at 100% and generate even more cash. Seller will not improve, upgrade or repair any portion of the property. Allowances have been made for overall condition of property in the list price. 3 tax codes:115 05 0680, 115 05 0690, 115 05 070B. OCB with 90k down.

Last Agent to Sell the Property

Andrew Cordova

eXp Realty Listed on: 04/15/2019

eXp Realty

Last Buyer's Agent

Alex Kairoff

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1935

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 104x152
  • Property fronts an alley
  • Wood Fence

Home Design

  • Quadruplex
  • Ranch Style House
  • Frame With Stucco
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Parking Pad

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,800 special tax assessment

Community Details

Overview

  • Bronx Park Addition Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Fuel Expense $4,936
  • Insurance Expense $800
  • Maintenance Expense $2,000
  • Water Sewer Expense $3,735
  • Gross Income $33,400
  • Net Operating Income $20,129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: Lots 10 and 11 and the East 5 (Five) feet of Lot 12 in Block 5 of Bronx Park Addition to the City of Tucson, Pima County
  • Attached Detached: Detached
  • List Price per Sq Ft: 69.95
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: None
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 2000.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Kitchen Features Appliance Color: Black
  • Kitchen Features Oven: electric range
  • Living Areas: None
  • Laundry: None
  • Extra Room: None

Exterior Features

  • Construction: Concrete Block, Frame, Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling Other: mini split heat/cool
  • Main Heating Other: Mini split heat/cool
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 4936.00
  • Expenses Maintenance Supplies: 2000.00
  • Expenses Taxes Assessments: 1800.00

Schools

  • School District: Amphitheater
  • Elementary School: Keeling
  • Middle School: Amphitheater
  • High School: Amphitheater

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.35
  • Lot Dimensions: 104x152
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 8.85
  • Lot Sq Ft: 15808.00
  • Lot Sz Sold Prc Sq Ft: 7.46
  • Municipality Zoning: Tucson - O3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1935

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: 115-05-0680
  • Taxes: 1800.00
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Keeling
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Landsberger Robert
Bought by
Pieretti Brian
Current Estimated Value
$286,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Jackson Jeffrey T
Bought by
Pieretti Brian and Landsberger Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2021
Sold by
Pieretti Mildred Barbosa Acevedo
Bought by
Pieretti Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2020
Sold by
Krause Jonathan
Bought by
Jackson Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 22, 2019
Sold by
Joint Venture Equities Llc
Bought by
Krause Jonathan
Seller's Agent
Andrew Cordova
eXp Realty
Buyer's Agent
Alex Kairoff
Tierra Antigua Realty
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$53,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Rlt Ray and Rlt Jerver
Bought by
Joint Venture Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pieretti Brian -- None Available
Pieretti Brian $167,500 Pima Title
Pieretti Brian G -- Pima Title
Pieretti Brian G -- Pima Title
Jackson Jeffrey T $135,000 Catalina Title Agency
Krause Jonathan $118,000 Fidelity Natl Ttl Agcy Inc
Joint Venture Equities Llc $88,000 Fidelity Natl Ttl Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pieretti Brian $129,000
Closed Pieretti Brian $125,625
Previous Owner Jackson Jeffrey T $135,000
Previous Owner Krause Jonathan $53,100
Previous Owner Joint Venture Equities Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $118,000 0.0% $59 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $118,000 -- $59 / 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
2024 $886 $6,651 -- --
2023 $840 $10,699 $0 $0
2022 $840 $10,190 $0 $0
2021 $1,411 $9,242 $0 $0
2020 $1,368 $16,153 $0 $0
2019 $1,350 $14,063 $0 $0
2018 $1,320 $7,984 $0 $0
2017 $1,313 $7,984 $0 $0
2016 $1,298 $7,604 $0 $0
2015 $1,259 $7,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21910392

MLS of Southern Arizona

APN: 115-05-0680