NOT LISTED FOR SALE

Estimated Value: $492,000 - $731,000

8 Beds
4 Baths
2,930 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $485,000 $166 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,369/month

16 Days on Market

Highlights

  • 0.36 Acre Lot
  • Vaulted Ceiling
  • Solid Surface Bathroom Countertops
  • Mountain View
  • Ranch Style House
  • Quartz Countertops

About This Home

As of February 2023

Become the proud owner of this fantastic 4-plex property located in a great central location! 2 Fully remodeled units and 2 ready for your finishing touches. Close to restaurants, shopping centers, coffee shops, and schools. Mature shade trees and cozy porches will greet you upon arrival. These 2-bedroom units feature formal living areas, vaulted ceilings with exposed beams, and perfectly-sized bedrooms for you to have a good night's sleep. Fully-equipped kitchens; 2 of them displaying quartz counters, shaker cabinets, and sparkling stainless steel appliances. You'll also find spacious backyards offering mesmerizing mountain views and great potential for customizing to your liking! Perfect to rent or for Airbnb. Don't miss this amazing opportunity! Agent / Owner

Last Agent to Sell the Property

Eddie Watters

Realty Executives Arizona Territory Listed on: 01/23/2023

Realty Executives Arizona Territory

Last Buyer's Agent

Rachel Schlanger

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1958

Lot Details

  • 0.36 Acre Lot
  • Chain Link Fence
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Ranch Style House
  • Built-Up Roof

Interior Spaces

  • 2,930 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Parking

  • 4 Parking Spaces
  • No Driveway

Schools

  • Rio Vista Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,952 special tax assessment

Community Details

Overview

  • Amphitheater Acres Addn. Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Professional Management Expense $4,310
  • Water Sewer Expense $1,200
  • Gross Income $53,880
  • Net Operating Income $43,718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,952

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: S 200' Of E 78' Of W 170' Of Sw4 Se4 S .36 Ac P 80-24-13-13
  • Attached Detached: Attached
  • List Price per Sq Ft: 168.94
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Exposed Beams, Vaulted Ceilings
  • Floor Covering Other: Laminate
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2930.00
  • Bathroom Features: Shower & Tub/Hall, Shower Only/Hall
  • Hall Countertops: Solid Surface
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Quartz
  • Kitchen Features Pantry: Cabinet
  • Kitchen Features Microwave: Built-In
  • Living Areas: Living Room
  • Laundry: In Kitchen
  • Extra Room: None
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Range
  • Interior Steps: No

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Trees
  • Landscape Rear: Trees
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • 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: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security Other: Smoke Detectors
  • Sewer: Connected

Condo/Co-op/Association

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

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Taxes Assessments: 1951.75

Schools

  • School District: Amphitheater
  • Elementary School: Rio Vista
  • Middle School: Amphitheater
  • High School: Amphitheater

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.36
  • Lot Dimensions: 79-194-80-195
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 31.74
  • Lot Sq Ft: 15594.00
  • Lot Sz Sold Prc Sq Ft: 31.10
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1958

Rental Info

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

Tax Info

  • Tax Code: 105-13-0030
  • Taxes: 1951.75
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Rio Vista
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 23, 2023
Sold by
Local Cash Buyer Llc
Bought by
Thiel John W and Schlanger Rachel E
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Rachel Schlanger
Tierra Antigua Realty
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
64
Current Estimated Value
$576,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,208
Avg. Annual Appreciation
7.71%
Original Mortgage
$363,750
Outstanding Balance
$354,694
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$221,514

Purchase Details

Closed on
Jun 7, 2022
Sold by
Boggs Jerry A and Boggs Debbie S
Bought by
Local Cash Buyer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.1%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Thiel John W $121,250 Premier Title
Local Cash Buyer Llc $325,000 Signature Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiel John W $363,750
Previous Owner Local Cash Buyer Llc $415,000
Previous Owner Boggs Jerry A $81,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $485,000 -2.0% $166 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $495,000 -- $169 / 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 $1,910 $16,335 -- --
2023 $1,910 $15,557 -- --
2022 $1,952 $14,816 $0 $0
2021 $1,910 $13,439 $0 $0
2020 $1,899 $19,573 $0 $0
2019 $1,850 $17,364 $0 $0
2018 $1,790 $11,609 $0 $0
2016 $1,670 $11,056 $0 $0
2015 $1,611 $10,529 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22301683

MLS of Southern Arizona

APN: 105-13-0030