NOT LISTED FOR SALE
-- Bed
-- Bath
4,806 Sq Ft
1975 Built

Last Sold March 07, 2012

Last sale price $250,000 $52 Per Sq Ft

83 Days on Market

About This Home

As of March 2012

Great investment opportunity! Fully rented Room to raise rents. Just over 1 mile from the U of A. Built to last, solid masonry construction, 6 unit/2-story (3 on top, 3 on bottom) apartment complex. All units are 2BR/1BA and approximately 800 sqft each. There are four storage units in the rear yard with coin operated laundry. Many of the units have been remodeled with new kitchens, bathrooms, and flooring. 8300 in capital expenses were used to upgrade kitchens and baths, owners have spent over 65k in renovations.

Last Agent to Sell the Property

Maria Lawrence

Tierra Antigua Realty Listed on: 09/21/2011

Tierra Antigua Realty

Last Buyer's Agent

Kristine McCraren

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,024

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 65x140x65x140

Home Design

  • 4,806 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $4,024 special tax assessment

Community Details

Overview

  • Loretta Heights Subdivision

Building Details

  • Fuel Expense $200
  • Insurance Expense $1,202
  • Maintenance Expense $500
  • Professional Management Expense $800
  • Water Sewer Expense $448
  • Gross Income $40,254
  • Net Operating Income $23,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,024

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Loretta Heights N54' Lot 8
  • List Price per Sq Ft: 57.22
  • Unit Info Average Monthly Rent Two Bedroom: 549.67
  • Unit Info Number Of Units2 B R: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4806.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 300.00
  • Expenses Capital Expenses: 8300.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 200.00
  • Expenses Maintenance Supplies: 500.00
  • Expenses Other Expenses: 1050.00
  • Expenses Taxes Assessments: 4024.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Dimensions: 65x140x65x140
  • Lot Size Price Sq Ft: 1617647.06
  • Lot Sq Ft: 0.17
  • Lot Sz Sold Prc Sq Ft: 1470588.24
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1975

Tax Info

  • Tax Code: 112-07-468B
  • Taxes: 4024.09
  • Tax Year: 2010

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2012 03/07/12 Sold $250,000 -2.0% $52 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
09/21/2011 09/21/11 For Sale $255,000 -- $53 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21124818

MLS of Southern Arizona