NOT LISTED FOR SALE

Estimated Value: $404,000 - $631,000

8 Beds
4 Baths
2,894 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $253,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,783/month

57 Days on Market

Highlights

  • Southwestern Architecture
  • Great Room
  • Eat-In Kitchen
  • Corner Lot
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of November 2018

Positive Cash Flow With This Well Located Mid Town Four-Plex; 2894 SqFt, Clean & Well Maintained 2 Bed, 1 Bath Units, Each With It's Own Covered Patio & Private Small Yard; Plenty Of Off-Street Parking & On A Large 1/3 Acre Lot; Individually Metered Electricity, Landlord Pays Water & Sewer, No Management Fees For The Owner-Operator & Low Taxes = $19,754 NOI At A Healthy 7.45% CAP Rate; Turn-Key Investment With Instant Income; Call For Details; Close To Public Transportation, All Major Roads, UofA, Downtown, Shopping & Just About Everything!

Last Agent to Sell the Property

Vito Teti

AZ Brokerage Holdings, LLC Listed on: 09/12/2018

Last Buyer's Agent

Dayna Thacker

Cobb Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120' x 123'
  • Wood Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Southwestern Architecture
  • Frame With Stucco
  • Built-Up Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 2,894 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Great Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Range

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,046 special tax assessment

Community Details

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $3,600
  • Gross Income $27,600
  • Net Operating Income $19,754

Additional Features

  • Coronado Heights Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,046

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Southwestern
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: Coronado Heights W120' Of Lot 8 Blk 62
  • Attached Detached: Attached
  • List Price per Sq Ft: 91.57
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Stay
  • Floor Covering: Carpet
  • Gross Sq Ft: 2894.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Great Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco, Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Capital Expenses: 500.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 500.00
  • Expenses Taxes Assessments: 2046.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.33
  • Lot Dimensions: 120' x 123'
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 18.43
  • Lot Sq Ft: 14375.00
  • Lot Sz Sold Prc Sq Ft: 17.60
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1980

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 107-14-334A
  • Taxes: 2046.39
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Keeling
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 6, 2018
Sold by
Voskanian Tamara and Voskanian Steve J
Bought by
Voskanian Steve J
Seller's Agent
Vito Teti
AZ Brokerage Holdings, LLC
Buyer's Agent
Dayna Thacker
Cobb Realty, LLC
List Price
$253,000
Sold Price
$253,000
Current Estimated Value
$496,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,312
Avg. Annual Appreciation
9.80%
Original Mortgage
$189,750
Outstanding Balance
$165,170
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$331,142

Purchase Details

Closed on
Aug 18, 2015
Sold by
Fiorillo Julius
Bought by
2419 N Geronimo Avenue Llc

Purchase Details

Closed on
Sep 10, 2012
Sold by
Springleaf Home Equity Inc
Bought by
Florillo Julius

Purchase Details

Closed on
Jan 31, 2012
Sold by
Vingelli Michael J
Bought by
Springleaf Home Equity Inc

Purchase Details

Closed on
May 28, 2010
Sold by
Vingelli Michael J
Bought by
Allante Properties Llc

Purchase Details

Closed on
Jan 24, 1994
Sold by
Sean Bowman J
Bought by
Vingelli Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Voskanian Steve J -- Signature Title Agency Of Ar
Voskanian Steve J $253,000 Signature Title Agency Of Ar
2419 N Geronimo Avenue Llc -- None Available
Florillo Julius $109,900 Stewart Title & Trust Of Tuc
Springleaf Home Equity Inc $87,000 None Available
Allante Properties Llc -- None Available
Vingelli Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voskanian Steve J $189,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $253,000 0.0% $87 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $253,000 -- $87 / 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
2026 $2,455 $20,946 -- --
2025 $2,455 $19,949 -- --
2024 $2,365 $18,999 -- --
2023 $2,293 $18,094 $0 $0
2022 $2,270 $17,233 $0 $0
2021 $2,222 $15,630 $0 $0
2020 $2,209 $16,812 $0 $0
2019 $2,152 $16,955 $0 $0
2018 $2,082 $13,502 $0 $0
2017 $2,046 $13,502 $0 $0
2016 $1,970 $12,859 $0 $0
2015 $1,910 $12,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21824653

MLS of Southern Arizona

APN: 107-14-334A