NOT LISTED FOR SALE

2233 N 1st Ave Unit 1 & 2 Tucson, AZ 85719

Jefferson Park Neighborhood

Estimated Value: $420,000 - $608,000

6 Beds
4 Baths
2,448 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $477,500 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,943/month

48 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Community Pool
  • City View
  • Great Room
  • Covered patio or porch

About This Home

As of September 2018

Student Income property Listed at estimated 7.9% Cap Rate! Leased through July 26th, 2019! Gorgeously updated property w/ pool, tile flooring, painting inside and out, updated interior finishes, landscaping, and large wall and rolling gate around property. Hurry, this one is priced to move quickly! One of the Sellers is licensed to sell real estate in AZ.

Last Agent to Sell the Property

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 06/29/2018

Last Buyer's Agent

Robert Verenna

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 1979

Lot Details

  • 6,885 Sq Ft Lot
  • Lot Dimensions are 81x85x81x85
  • Property fronts an alley
  • East or West Exposure
  • Wrought Iron Fence
  • Block Wall Fence
  • Back and Front Yard

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Ranch Style House
  • Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,448 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Window Bars
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Separate Shower

Parking

  • 5 Parking Spaces
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • $2,385 special tax assessment

Community Details

Overview

  • El Cortez Heights Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Recreation

  • Community Pool

Building Details

  • Insurance Expense $417
  • Maintenance Expense $1,897
  • Professional Management Expense $5,040
  • Gross Income $50,400
  • Net Operating Income $39,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,385

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Apartment Unit Number: 1 & 2
  • Legal Description: El Cortez Heights Lot 3 Blk 3
  • Attached Detached: Attached
  • List Price per Sq Ft: 202.21
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 1400.00
  • Unit Info Avg Mo Rent Other: 2800.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2448.00
  • Bathroom Features: Separate Shower(s), Shower & Tub/Primary
  • Hall Countertops: cultural marble
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: Black
  • Kitchen Features Countertops: Vynal
  • Kitchen Features Pantry: Closet
  • Kitchen Features Microwave: Conventional
  • Kitchen Features Oven: Gas and Electric
  • Living Areas: Great Room
  • Laundry: Laundry Room
  • Extra Room Other: Dining room
  • Kitchen Features: Breakfast Nook, Dishwasher, Garbage Disposal, Gas Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Concrete Block, Frame, Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Block, Wrought Iron
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio, Slab
  • Pool: Community
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Tile
  • Spa: None
  • View: City, Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 5

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Zoned
  • Main Heating: Natural Gas, Zoned
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks

Fee Information

  • Expenses Admin Expenses: 667.00
  • Expenses Contract Services: 904.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1897.00
  • Expenses Taxes Assessments: 2385.00

Schools

  • School District: TUSD
  • Elementary School: Blenman
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: 81x85x81x85
  • Lot Features: Adjacent to Alley, East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 71.90
  • Lot Sq Ft: 6885.00
  • Lot Sz Sold Prc Sq Ft: 69.35
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1979

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Pool Spa Maintenance: Owner
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 115-01-0160
  • Taxes: 2385.00
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Cockerill Aaron and Cockerill Michelle
Bought by
Cockerill Aaron David and Cockerill Michelle
Total Days on Market
48
Current Estimated Value
$514,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$275,567
Interest Rate
2.7%
Estimated Equity
$238,747

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 30, 2018
Sold by
1St Ave Properties Llc
Bought by
Cockerill Aaron and Cockerill Michelle
Seller's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
Buyer's Agent
Robert Verenna
Keller Williams Southern Arizona
List Price
$477,500
Sold Price
$477,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$308,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2016
Sold by
Sorensen Paul
Bought by
1St Ave Properties Llc

Purchase Details

Closed on
Oct 28, 2015
Sold by
Sorensen Angela
Bought by
Sorensen Paul Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,300
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Austin Derek
Bought by
Cesare Joseph

Purchase Details

Closed on
Nov 1, 2011
Sold by
Sorensen Paul
Bought by
1St Ave Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2011
Sold by
Sorensen Angela
Bought by
Sorensen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Jarrette Joel Winton
Bought by
Pinnacle Realty Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Austin James B
Bought by
Austin Derek

Purchase Details

Closed on
Dec 13, 2004
Sold by
Avalon Builders Group Llc
Bought by
Jarrette Joel Winston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2004
Sold by
Jarrette Joel
Bought by
Avalon Builders Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2003
Sold by
Speidel Mark T
Bought by
Jarrette Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bobik Anne M
Bought by
Jarrett Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 23, 1998
Sold by
Jackson James A and Jackson Kay
Bought by
Speidel Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,950
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1997
Sold by
Jackson James A and Jackson Kay
Bought by
Jackson James A and Jackson Kay
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
Cockerill Aaron David -- None Available
Cockerill Aaron David -- None Available
Cockerill Aaron $475,000 Catalina Title Agency
1St Ave Properties Llc -- None Available
Sorensen Paul Y -- Title Security Agency Llc
Sorensen Paul Y -- Title Security Agency Llc
Sorensen Paul Y -- Title Security Agency Llc
Cesare Joseph -- None Available
Cesare Joseph -- None Available
1St Ave Properties Llc -- None Available
1St Ave Properties Llc -- None Available
Sorensen Paul -- Tfati
Sorensen Paul $225,000 Tfati
Pinnacle Realty Investors Llc $123,251 None Available
Pinnacle Realty Investors Llc $123,251 None Available
Austin Derek -- None Available
Jarrette Joel Winston -- --
Jarrette Joel Winston -- --
Jarrette Joel Winston -- --
Avalon Builders Group Llc -- --
Jarrette Joel $93,000 --
Jarrett Joel -- --
Speidel Mark T $68,500 Title Security Agency
Jackson James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cockerill Aaron David $300,000
Closed Cockerill Aaron David $300,000
Closed Cockerill Aaron $308,750
Previous Owner 1St Ave Properties Llc --
Previous Owner Sorensen Paul Y $162,300
Previous Owner 1St Ave Properties Llc $168,750
Previous Owner Sorensen Paul $168,750
Previous Owner Pinnacle Realty Investors Llc $190,000
Previous Owner Jarrette Joel Winston $218,400
Previous Owner Jarrette Joel $182,400
Previous Owner Jarrette Joel $83,700
Previous Owner Speidel Mark T $47,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $477,500 0.0% $195 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $477,500 -- $195 / 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 $2,565 $20,405 -- --
2023 $2,565 $19,433 $0 $0
2022 $2,578 $18,508 $0 $0
2021 $2,563 $16,787 $0 $0
2020 $2,485 $19,662 $0 $0
2019 $2,452 $19,497 $0 $0
2018 $2,399 $14,501 $0 $0
2017 $2,385 $14,501 $0 $0
2016 $2,321 $13,811 $0 $0
2015 $2,250 $13,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21818026

MLS of Southern Arizona

APN: 115-01-0160