NOT LISTED FOR SALE

Estimated Value: $361,000 - $403,000

Studio
-- Bath
2,340 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

Last sale price $290,000 $124 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,266 / mo

107 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Eat-In Kitchen
  • Mountain View
  • No HOA
  • Patio

About This Home

As of April 2021

Must see 4 Plex near TMC. Property consists of a 2 bedroom 1 bath unit, 2 1 bedroom 1 bath units and a studio. Large lot with plenty of parking and close to everything. Property is fully occupiedl. Huge value add opportunity, this listing will not last!

Last Agent to Sell the Property

Eddie Watters

Realty Executives Arizona Territory License #SA646115000 Listed on: 03/16/2021

Realty Executives Arizona Territory

Co-Listed By

Casey Hogan

Realty Executives Arizona Territory License #SA659859000

Last Buyer's Agent

Daniel Biel

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 12,197 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Quadruplex
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • Window Treatments
  • Family Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven

Parking

  • 9 Parking Spaces
  • Carport
  • Driveway
  • RV Access or Parking

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Patio
  • Ground Level

Listing and Financial Details

  • $1,719 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $350
  • Other Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,719
  • Operating Expense $4,919
  • Gross Income $27,596
  • Net Operating Income $22,677

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • LotSizeAcres: 0.29
  • Lot Size: irregular
  • Road Surface Type: Paved
  • CapRate: 7.82
  • Supplies Expense: 350.0
  • Co List Office Mls Id: 4983
  • Co List Office Phone: 520-877-4940
  • Co List Office Mls Id: 4983
  • Subdivision Name: Towner Addition
  • Location Tax Legal: Tax Year: 2020
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: TBD
  • General Property Information: Dwelling Type: Quadruplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: irregular
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Wright
  • General Property Information: Middle School: Doolen
  • General Property Information: High School: Catalina
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 128.21
  • General Property Information: Lot Size Price/SqFt: 24.6
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Association Fees: HOA: No
  • Technology: High Speed Internet: Yes
  • Driveway: Paved: Gravel
  • Subdivision Restrict: CC&Rs: No
  • View: Mountains: Yes
  • PatioDeck: Patio: Yes
  • Fence: Chain Link: Yes
  • Location Tax Legal: FEMA Flood Zone: TBD
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Technology: Cable TV: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Accessibility Option: Level: Yes
  • Construction: Concrete Block: Yes
  • Main Cooling: Evaporative Cooling: Yes
  • Water Heater: Electric: Yes
  • Style: Ranch: Yes
  • Main Heating: Radiant: Yes
  • Unit 3 Information: Stories: Single
  • Unit 4 Information: Stories: Single
  • Special Features: VirtualTour

Interior Features

  • Kitchen Features Oven: oven
  • Interior Steps: No
  • Window Covering: Stay: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Dining Areas: Eat-In Kitchen: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 3 Information: Furnished: No
  • Unit 4 Information: Floor: 1st
  • Unit 4 Information: Furnished: No
  • Living Areas: Family Room: Yes

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Residential, Mountain(s)
  • Construction Type: Concrete Block
  • Patio And Porch Features: Patio
  • Roof: Built-Up - Reflect: Yes

Garage/Parking

  • RV Parking: Space Available: Yes
  • General Property Information: Total Parking: 9
  • Unit 2 Information: Parking: On Property
  • Unit 3 Information: Parking: Carport
  • Unit 4 Information: Parking: Carport

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: Natural: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Admin Expenses: 250.0
  • Expenses Contract Services: 100.0
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 350.0
  • Expenses Other Expenses: 300.0
  • Expenses Taxes Assessments: 1719.19
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Subdivided
  • Lot Size Sq Ft: 12197.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1964

Rental Info

  • Utilities Paid Trash: Tenant

Tax Info

  • Tax Year: 2020
  • New Taxes Expense: 1719.19

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27596.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 22676.8
  • Annual Operating Expense: 4919.19

MLS Schools

  • Elementary School: Wright
  • High School: Catalina

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 27, 2021
Sold by
Bought by
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Daniel Biel
Realty Executives Arizona Territory
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$384,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,778
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
May 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
0.0589%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Signature Title Agency
-- Signature Ttl Agcy Of Az Llc
$175,000 Fidelity National Title Agen
-- None Available
$143,500 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $160,000
Previous Owner $107,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $290,000 0.0% $124 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $290,000 -- $124 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,096 $16,634
2025 $2,096 $15,842
2024 $2,010 $15,088
2023 $1,897 $14,369 $0 $0
2022 $1,906 $13,685 $0 $0
2021 $1,895 $12,413 $0 $0
2020 $1,837 $14,620 $0 $0
2019 $1,719 $13,288 $0 $0
2018 $1,682 $10,167 $0 $0
2017 $1,672 $10,167 $0 $0
2016 $1,644 $9,683 $0 $0
2015 $1,592 $9,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22100680

MLS of Southern Arizona

APN: 122-05-033A

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