NOT LISTED FOR SALE

Estimated Value: $431,262 - $630,000

6 Beds
4 Baths
3,704 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $280,000 $76 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,931/month

21 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Bathtub with Shower
  • Bonus Room
  • Breakfast Bar
  • Courtyard

About This Home

As of November 2019

Property consists of 2 houses and a duplex. 2546 is a one bedroom house with a separate bonus room. Large rooms. Front duplex is a one bedroom (2548) and a 2 BR (2550). Both units have real wood paneling and new tub surrounds. 2552 is a separate 2 BR house with wood paneling, newer kitchen and fireplace. Covered porches on the front duplex and community courtyard. This property is fully occupied! Rents can be raised - long term tenants. Tenants pay gas & electric. Owner pays water, sewer & trash. One covered carport for 2552 and for 2546. Solar does not work. It's is as-is. All units have AC. PLEASE NOTE: This sale will be part of a 1031 Exchange.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. Listed on: 10/25/2019

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Lifang Tan

HomeSmart Advantage Group

HomeSmart Advantage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 99x132x85x66x15x230
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Quadruplex
  • Ranch Style House
  • Rolled or Hot Mop Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Bathtub with Shower
  • 3,704 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Laundry Located Outside
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Parking Pad

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Cragin Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,684 special tax assessment

Community Details

Overview

  • Grant Rd Park 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $932
  • Professional Management Expense $3,114
  • Water Sewer Expense $2,637
  • Gross Income $31,140
  • Net Operating Income $21,773

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,684

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Grant Road Park No 2 N140' Lot 2 & W12' S90' Lot 2 Exc N Ptn Lying E'ly Of Wall Blk 6
  • Attached Detached: Detached
  • List Price per Sq Ft: 79.64
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 637.00
  • Unit Info Average Monthly Rent Two Bedroom: 660.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3704.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Bar
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Countertops: formica
  • Kitchen Features Oven: built in
  • Laundry Other: hook ups
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: Bonus Room
  • Extra Room Other: attached to 2546
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Rolled
  • Spa: None
  • View: Residential
  • Exterior Feature: Courtyard

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security Other: front doors
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2684.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.33
  • Lot Dimensions: 99x132x85x66x15x230
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 20.52
  • Lot Sq Ft: 14375.00
  • Lot Sz Sold Prc Sq Ft: 19.48
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1962

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: 112-07-1700
  • Taxes: 2684.26
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Cragin
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 11, 2019
Sold by
Lyon Robert James
Bought by
Yao Hong
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Lifang Tan
HomeSmart Advantage Group
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$501,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,087
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 6, 2019
Sold by
Li Yingjje and Yao Hong
Bought by
Yao Hong and Li Yingjje
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Lifang Tan
HomeSmart Advantage Group
List Price
$280,000
Sold Price
$280,000

Purchase Details

Closed on
May 20, 2002
Sold by
Lyon G Andrea
Bought by
Lyon Robert James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yao Hong $280,000 Stewart Title & Tr Of Tucson
Yao Hong -- Stewart Title & Tr Of Tucson
Yao Hong -- Stewart Title & Tr Of Tucson
Lyon Robert James -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $280,000 0.0% $76 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $280,000 -- $76 / 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 $3,771 $28,508 -- --
2024 $3,410 $27,151 -- --
2023 $3,410 $25,858 -- --
2022 $3,430 $24,626 $0 $0
2021 $3,410 $22,337 $0 $0
2020 $3,306 $26,104 $0 $0
2019 $2,814 $24,414 $0 $0
2018 $2,684 $19,295 $0 $0
2017 $2,562 $19,295 $0 $0
2016 $2,940 $18,377 $0 $0
2015 $2,842 $17,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21927756

MLS of Southern Arizona

APN: 112-07-1700