NOT LISTED FOR SALE

Estimated Value: $289,496 - $467,000

5 Beds
5 Baths
2,970 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $182,500 $61 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,447/month

201 Days on Market

Highlights

  • 0.74 Acre Lot
  • Bathtub with Shower
  • Living Room
  • Eat-In Kitchen
  • Slab Porch or Patio
  • 4-minute walk to Tucson Botanical Gardens

About This Home

As of November 2017

2 4 plexes for easy financing Includes 2311 N. Elaine, total 8 units and 2 tax codes. Two 4 plexes. must be purchased together Central location. Large fenced back yards, lush landscaping, convenient to shopping.

Last Agent to Sell the Property

Tony Reed

Long Realty Company Listed on: 03/05/2017

Last Buyer's Agent

Scott Autenreith

Keller Williams Southern Arizona

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1947

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 240' x 132.45'
  • Property fronts an alley
  • Wood Fence
  • Back and Front Yard

Home Design

  • Quadruplex
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,970 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Ground Level

Listing and Financial Details

  • $2,224 special tax assessment

Community Details

Building Details

  • Insurance Expense $800
  • Maintenance Expense $2,214
  • Water Sewer Expense $2,376
  • Gross Income $23,100
  • Net Operating Income $15,486

Additional Features

  • Palo Verde Addition No. 2 Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style Other: old tucson
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Palo Verde No. 2 Amended N120.95' W132.45' N119.05 S368' W132.45' Lot 3 blk 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 63.13
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 453.00
  • Unit Info Average Monthly Rent Two Bedroom: 512.00
  • Unit Info Average Monthly Rent Three Bedroom: 650.00
  • Unit Info Average Monthly Rent Studios: 350.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 2970.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Electric Range, Gas Range, Refrigerator

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

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: Wall
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 2214.00
  • Expenses Taxes Assessments: 2224.00

Schools

  • School District: Other
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.74
  • Lot Dimensions: 240' x 132.45'
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 11.70
  • Lot Sq Ft: 16020.00
  • Lot Sz Sold Prc Sq Ft: 11.39
  • 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 Pool Spa Maintenance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-16-110D
  • Taxes: 2224.00
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Other
  • Elementary School: Other
  • High School: Other
  • School District: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2017
Closed on
Oct 26, 2017
Sold by
Grunstein Robert
Bought by
Nieves Austin and Nieves Parker
Seller's Agent
Tony Reed
Long Realty Company
Buyer's Agent
Scott Autenreith
Keller Williams Southern Arizona
List Price
$182,500
Sold Price
$182,500
Current Estimated Value
$407,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,624
Avg. Annual Appreciation
11.07%
Original Mortgage
$136,875
Outstanding Balance
$115,452
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$291,672

Purchase Details

Closed on
Aug 24, 2002
Sold by
Robins Nest Properties Llc
Bought by
Grunstein Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 3, 1998
Sold by
Edwards Nona Ruth
Bought by
Dipietro Frank S and Dipiertro Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.93%
Mortgage Type
Trade
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
Nieves Austin $182,500 Catalina Title Agency
Grunstein Robert $95,000 Long Title Agency
Dipietro Frank S $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieves Austin $136,875
Previous Owner Grunstein Robert $70,000
Previous Owner Dipietro Frank S $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $182,500 0.0% $61 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $182,500 -- $61 / 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 $2,156 $17,153 -- --
2023 $2,156 $16,336 $0 $0
2022 $2,167 $15,559 $0 $0
2021 $2,154 $14,112 $0 $0
2020 $2,089 $16,311 $0 $0
2019 $2,061 $16,163 $0 $0
2018 $2,016 $13,892 $0 $0
2017 $2,105 $13,892 $0 $0
2016 $2,224 $13,230 $0 $0
2015 $2,144 $12,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21706231

MLS of Southern Arizona

APN: 122-16-110D