NOT LISTED FOR SALE
Studio
-- Bath
7,295 Sq Ft
0.99 Acres Lot

Sale Details

Date Sold: August 23, 2014

Last sale price $520,000 $71 Per Sq Ft

511 Days on Market

About This Home

As of August 2014

A gated community apartment compound total renovation in 2006 including new roof, parking lot asphalt, stucco, , A/C, and new kitchens. Easy to rent units with cash flow.Many Long term tenants and stabilized property showing pride of ownership. Masonry construction, dual pane windows, laundry room, space to build 3 more units (per owner). Located in Gem Show corridor, close to booming downtown Tucson , U of A and Pima College. short sale approved . Built over multiple years.

Last Agent to Sell the Property

Daniel Biel

Realty Executives Arizona Territory License #BR006594000 Listed on: 03/30/2013

Realty Executives Arizona Territory

Last Buyer's Agent

Daniel Biel

ERA Gem Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1983

Lot Details

  • 43,124 Sq Ft Lot
  • Lot Dimensions are 161x244x158x243

Home Design

  • 7,295 Sq Ft Home
  • Masonry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • No Heating

Listing and Financial Details

  • $6,370 special tax assessment

Community Details

Building Details

  • Fuel Expense $2,400
  • Insurance Expense $1,550
  • Maintenance Expense $575
  • Manager Expense $5,400
  • Water Sewer Expense $4,515
  • Gross Income $82,420
  • Net Operating Income $61,610

Additional Features

  • El Sahuaro Addition Subdivision
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,330

Year Built

Built in 1983

Lot Details

0.99 Acres

Listing Details

  • Property Type: Multi Family
  • Legal Description: El Sahuaro lots 3,4,5 and N7 lot 6 Blk 3
  • List Price per Sq Ft: 72.65
  • Unit Info Average Monthly Rent One Bedroom: 520.00
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Studios: 430.00
  • Unit Info Number Of Units1 B R: 5
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 10
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 7295.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Wall Unit(s)
  • Main Heating: None
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Association/Amenities

  • Neighborhood Features: Gated Community

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 2400.00
  • Expenses Maintenance Supplies: 575.00
  • Expenses Resident Manager: 5400.00
  • Expenses Taxes Assessments: 6370.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.99
  • Lot Dimensions: 161x244x158x243
  • Lot Size Price Sq Ft: 12.29
  • Lot Sq Ft: 43124.00
  • Lot Sz Sold Prc Sq Ft: 12.06
  • Municipality Zoning: Tucson - C2

Building Info

  • Year Built: 1983

Tax Info

  • Tax Code: 115-15-029A
  • Taxes: 6330.13
  • Tax Year: 2011
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2014 08/23/14 Sold $520,000 0.0% $71 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
03/30/2013 03/30/13 For Sale $520,000 -- $71 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $6,866 $54,505 -- --
2025 $6,866 $51,909 -- --
2024 $6,215 $49,437 -- --
2023 $6,215 $47,083 $0 $0
2022 $6,245 $44,841 $0 $0
2021 $0 $40,672 $0 $0
2020 $6,020 $43,030 $0 $0
2019 $0 $38,735 $0 $0
2018 $5,943 $35,931 $0 $0
2017 $6,026 $35,931 $0 $0
2016 $6,120 $35,931 $0 $0
2015 $6,096 $35,931 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21308456

MLS of Southern Arizona
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