NOT LISTED FOR SALE

Estimated Value: $274,000 - $318,000

4 Beds
2 Baths
1,482 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $275,000 $186 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,654/month

43 Days on Market

Highlights

  • Family Room Off Kitchen
  • Double Pane Windows
  • Courtyard
  • Eat-In Kitchen
  • Bathtub with Shower
  • Patio

About This Home

As of December 2022

Amazing investment opportunity! Updated duplex w/ double pane windows, renovated kitchen, bathroom & tile floors. Low maintenance, no additional expenses. Tenants pay for all utilities. Well located close to downtown, UofA, shopping, hospital, parks & restaurants. Live in one and rent the other side for instant income. 2470 E. Warwick-lease ends by the end of October.Great source of income. Always rented! Property will be shown with accepted offer. DO NOT disturb tenants!

Last Agent to Sell the Property

Marcela Cardenas

Tierra Antigua Realty Listed on: 10/19/2022

Tierra Antigua Realty

Last Buyer's Agent

Lisa Nutt

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1980

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 51 x 124 x 50 x 125
  • Property fronts an alley
  • Wood Fence
  • Desert Landscape
  • Paved or Partially Paved Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Bungalow
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Bathtub with Shower
  • 1,482 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Electric Range

Parking

  • 4 Parking Spaces
  • No Driveway

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Robison Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Level Entry For Accessibility
  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,295 special tax assessment

Community Details

Overview

  • Parkway Terrace Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $990
  • Professional Management Expense $1,966
  • Gross Income $21,840
  • Net Operating Income $17,589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: High Speed Internet
  • Accessibility Options: Level
  • Legal Description: Parkway Terrace /L 8 Blk J/
  • Attached Detached: Attached
  • List Price per Sq Ft: 192.31
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 910.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1482.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Desert Plantings, Trees
  • Landscape Rear: Trees
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential
  • Exterior Feature: Courtyard

Garage/Parking

  • Driveway: None
  • Total Parking: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street, Sidewalks

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1295.00

Schools

  • School District: TUSD
  • Elementary School: Robison
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: 51 x 124 x 50 x 125
  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 45.12
  • Lot Sq Ft: 6316.00
  • Lot Sz Sold Prc Sq Ft: 43.54
  • 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: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 130-04-1180
  • Taxes: 1294.63
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Robison
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 1, 2022
Sold by
New Mountain Investement Llc
Bought by
Watson Greg E and Watson Patricia Lu
Seller's Agent
Marcela Cardenas
Tierra Antigua Realty
Buyer's Agent
Lisa Nutt
Coldwell Banker Realty
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
10
Current Estimated Value
$291,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,674
Avg. Annual Appreciation
9.59%
Original Mortgage
$206,250
Outstanding Balance
$201,076
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$155,241
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
Watson Greg E $275,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Greg E $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $275,000 -3.5% $186 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $285,000 0.0% $192 / Sq Ft
10/16/2021 10/16/21 Rented $925 0.0% --
10/04/2021 10/04/21 For Rent $925 0.0% --
02/28/2020 02/28/20 Sold $140,800 0.0% $95 / Sq Ft
02/02/2020 02/02/20 For Sale $140,800 -- $95 / 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
2025 $1,295 $10,823 -- --
2024 $1,295 $10,308 -- --
2023 $1,295 $9,817 -- --
2022 $1,295 $9,349 $2,500 $9,634
2021 $1,295 $8,480 $0 $0
2020 $1,255 $10,633 $0 $0
2019 $1,239 $9,308 $0 $0
2018 $1,212 $7,325 $0 $0
2016 $1,181 $6,977 $0 $0
2015 $1,146 $6,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22227070

MLS of Southern Arizona

APN: 130-04-1180