NOT LISTED FOR SALE

Estimated Value: $290,000 - $615,000

-- Bed
-- Bath
3,744 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $340,000 $91 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,677/month

69 Days on Market

About This Home

As of January 2017

INVESTORS!!! FANTASTIC OPPORTUNITY TO OWN A TURN-KEY, FULLY UPDATED AND RENTED 4-PLEX WITH A GREAT CAP RATE! GREAT INVESTMENT PROPERTY LOCATED IN CENTRAL TUCSON CLOSE TO THE UNIVERSITY, DOWNTOWN, SHOPPING, RESTARANTS AND PUBLIC TRANSPORTATION. EACH UNIT OFFERS 3 BEDROOMS AND 1 1/2 BATHS AND A PRIVATE WALLED YARD. NICELY UPDATED WITH GRANITE COUNTERTOPS, DESIGNER TILE AND STONE ACCENTS. IN ADDITION, ALL UNITS HAVE NEWER HVAC. WHILE THE FLOORPLANS FOR EACH UNIT ARE IDENTICAL, EACH HOME HAS IT'S OWN UNIQUE PERSONALITY. CURRENT RENT IS $850.00 PER UNIT WITH ''NO VACANCIES''. ENTIRE PROPERTY IS 3744 SQFT. MUST CONTACT LISTING AGENT TO SCHEDULE AN APPOINTMENT AS ALL UNITS ARE TENANT OCCUPIED.

Last Agent to Sell the Property

Steven & Patti Inouye

Long Realty Brokerage Phone: 520-349-2476 Listed on: 10/02/2016

Long Realty

Co-Listed By

Patti Inouye

Long Realty Brokerage Phone: 520-349-2476

Last Buyer's Agent

Chaz Loschiavo

Keller Williams Southern Arizona

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1963

Lot Details

  • 7,525 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • 3,744 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,400 special tax assessment

Community Details

Overview

  • Bronx Park Subdivision

Building Details

  • Insurance Expense $1,700
  • Maintenance Expense $1,800
  • Water Sewer Expense $3,600
  • Gross Income $40,800
  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,399

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: BRONX PARK LOT 16 BLK 4
  • List Price per Sq Ft: 96.15
  • Unit Info Average Monthly Rent Three Bedroom: 850.00
  • Unit Info Number Of Units3 B R: 4
  • Attribution Contact: 520-349-2476
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3744.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1800.00
  • Expenses Other Expenses: 500.00
  • Expenses Taxes Assessments: 1400.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Size Price Sq Ft: 47.84
  • Lot Sq Ft: 7525.00
  • Lot Sz Sold Prc Sq Ft: 45.18
  • Municipality Zoning: Tucson - 03

Building Info

  • Year Built: 1963

Tax Info

  • Tax Code: 115-05-0570
  • Taxes: 1399.31
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Christopher Cotter
Bought by
Cotter Christopher
Current Estimated Value
$648,578

Purchase Details

Listed on
Oct 2, 2016
Closed on
Jan 18, 2017
Sold by
Atyani Mohammad
Bought by
Borstel Diego Garcia Von
Seller's Agent
Steven & Patti Inouye
Long Realty
Buyer's Agent
Chaz Loschiavo
Keller Williams Southern Arizona
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 17, 2013
Sold by
Fannie Mae
Bought by
Atyani Mohammad
Seller's Agent
Robert Brakey
Roca Realty
Buyer's Agent
Marco Solorzano
Tierra Antigua Realty
List Price
$157,000
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2012
Sold by
Howard Charles S and Howard Coralee A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 2, 2003
Sold by
Howard Charles S
Bought by
Howard Charles S and Howard Coralee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
5.16%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cotter Christopher $557,000 Stewart Title & Trust Of Tucso
Borstel Diego Garcia Von $340,000 Catalina Title Agency
Atyani Mohammad $157,000 Fidelity National Title
Federal National Mortgage Association -- Tfati
Gmac Mortgage Llc $128,100 Tfati
Howard Charles S -- --
Howard Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotter Christopher $490,000
Previous Owner Borstel Diego Garcia Von $333,841
Previous Owner Howard Charles S $204,750
Previous Owner Howard Charles S $121,000
Previous Owner Howard Charles S $58,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $340,000 0.0% $91 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
10/02/2016 10/02/16 For Sale $340,000 +116.6% $91 / Sq Ft
05/22/2013 05/22/13 Sold $157,000 0.0% $42 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $157,000 -- $42 / 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 $1,513 $12,050 -- --
2023 $1,513 $11,476 -- --
2022 $1,522 $10,929 $0 $0
2021 $1,513 $9,913 $0 $0
2020 $1,467 $21,218 $0 $0
2019 $1,448 $18,048 $0 $0
2018 $1,416 $8,563 $0 $0
2017 $1,408 $8,563 $0 $0
2016 $1,399 $8,155 $0 $0
2015 $1,354 $7,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21626481

MLS of Southern Arizona

APN: 115-05-0570