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

Sale Details

Date Sold: March 7, 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 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,348 $34,515 -- --
2025 $4,348 $32,872 -- --
2024 $4,171 $31,306 -- --
2023 $3,936 $29,816 $0 $0
2022 $3,955 $28,396 $0 $0
2021 $3,932 $25,756 $0 $0
2020 $3,813 $27,120 $0 $0
2019 $3,762 $24,529 $0 $0
2018 $3,680 $22,853 $0 $0
2017 $3,759 $22,853 $0 $0
2016 $3,870 $22,853 $0 $0
2015 $3,932 $22,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21124818

MLS of Southern Arizona
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