NOT LISTED FOR SALE

Estimated Value: $386,000 - $450,000

4 Beds
4 Baths
2,704 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $247,500 $92 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,510/month

74 Days on Market

Highlights

  • RV Parking in Community
  • Southwestern Architecture
  • Bathtub with Shower
  • Mountain View
  • Eat-In Kitchen
  • Slab Porch or Patio

About This Home

As of November 2019

Well-maintained, fully occupied complex in Tucson's desirable Garden District. These units are very easy to rent, and turn-key for the next investor. Every unit has a carport, private yard, and tile flooring. All kitchens and bathrooms were remodeled in the last five years. All roofs are brand new, with warranty and paperwork. This building is half of an eight unit complex, and must be sold together with 2229 N Columbus Blvd, MLS#21923410. Please check the numbers- this is a rare opportunity to obtain a property with an excellent return, stable tenants, and no deferred maintenance. Property is professionally managed by Habitation Realty. Please do not disturb tenants.

Last Agent to Sell the Property

Alexander Chavez

Habitation Realty ERA Powered Listed on: 09/07/2019

Last Buyer's Agent

David Guthrie

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 48 x 185
  • East or West Exposure
  • Wood Fence
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Southwestern Architecture
  • Built-Up Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 2,704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Eat-In Kitchen

Parking

  • 5 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

  • Whitmore Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Ground Level

Listing and Financial Details

  • $1,704 special tax assessment

Community Details

Overview

  • Columbus Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $1,200
  • Professional Management Expense $3,240
  • Water Sewer Expense $1,800
  • Gross Income $25,500
  • Net Operating Income $16,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,704

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Southwestern
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: Columbus N50' Lot 4 Blk 8
  • Attached Detached: Attached
  • List Price per Sq Ft: 94.30
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units1 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2704.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Double Sink, Refrigerator

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Decorative Gravel
  • Patio Deck: Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: 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: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street, Street Lights

Fee Information

  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1704.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 48 x 185
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 27.87
  • Lot Sq Ft: 9148.00
  • Lot Sz Sold Prc Sq Ft: 27.06
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1947

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 Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-08-163B
  • Taxes: 1704.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2021
Sold by
Connelly Raymond and Connelly Sheila
Bought by
2233 N Columbus Blvd Llc
Total Days on Market
74
Current Estimated Value
$421,637

Purchase Details

Listed on
Sep 7, 2019
Closed on
Nov 18, 2019
Sold by
Lambie Richard H
Bought by
Connelly Raymond and Connelly Sheila
Seller's Agent
Alexander Chavez
Habitation Realty ERA Powered
Buyer's Agent
David Guthrie
Ochoa Realty & Property Management
List Price
$247,500
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$160,875
Interest Rate
3.75%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Feb 3, 2012
Sold by
Moya Andrew and Moya Kimberly I
Bought by
Alvarez Ernest F
Seller's Agent
Rob Lamb
Long Realty
Buyer's Agent
Rob Lamb
Holladay Property Services
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%

Purchase Details

Closed on
May 31, 2005
Sold by
Moya Kimberly I and Churchill Kimberly I
Bought by
Moya Andrew and Moya Kimberly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2001
Sold by
Grinnan Joseph P and Grinnan Ann E
Bought by
Churchill Kimberly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
2233 N Columbus Blvd Llc -- None Available
Connelly Raymond $247,500 Fidelity Natl Ttl Agcy Inc
Alvarez Ernest F $65,000 Ttise
Moya Andrew -- --
Moya Andrew -- --
Churchill Kimberly I $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connelly Raymond $160,875
Previous Owner Moya Andrew $186,200
Previous Owner Churchill Kimberly I $100,000
Closed Churchill Kimberly I $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $247,500 0.0% $92 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $247,500 +280.8% $92 / Sq Ft
02/03/2012 02/03/12 Sold $65,000 0.0% $24 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $65,000 -- $24 / 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 $1,821 $14,501 -- --
2023 $1,821 $13,810 -- --
2022 $1,832 $13,153 $0 $0
2021 $1,821 $11,930 $0 $0
2020 $1,766 $14,325 $0 $0
2019 $1,743 $12,447 $0 $0
2018 $1,705 $10,306 $0 $0
2017 $1,695 $10,306 $0 $0
2016 $1,656 $9,815 $0 $0
2015 $1,606 $9,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21923413

MLS of Southern Arizona

APN: 122-08-163B