NOT LISTED FOR SALE

Estimated Value: $423,000

Studio
-- Baths
3,822 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2017

Last sale price $260,000 $68 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,544 / mo

46 Days on Market

About This Home

As of August 2017

Amazing cash cow! Two triplexes on 2 tax -codes central with plenty of parking and a common court yard setting.Large lot has outdoor sitting area, oleander borders and storage unit . Owner occupied and well maintained. Profomra based on rent survey-opportunity to receive above market return with bringing rents to market and some upgrades. Located in Central Tucson with easy access to public transportation and shopping. Seller licensed agent in state of Arizona.

Last Agent to Sell the Property

Daniel Biel

Realty Executives Arizona Territory Listed on: 06/16/2017

Last Buyer's Agent

Alex Mastrangelo

Centra Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 11,761 Sq Ft Lot

Home Design

  • 3,822 Sq Ft Home
  • Concrete Block And Stucco Construction
  • Lead Paint Disclosure

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Fuel Expense $200
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Professional Management Expense $2,966
  • Water Sewer Expense $3,774
  • New Taxes Expense $3,208
  • Operating Expense $11,648
  • Gross Income $34,856
  • Net Operating Income $23,208

Listing and Financial Details

  • $3,208 special tax assessment
  • $9,721 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.27 Acres

Listing Details

  • Property Type: Multi-Family
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 525.0
  • Unit Info Average Monthly Rent Two Bedroom: 595.0
  • Unit Info Average Monthly Rent Studios: 425.0
  • LotSizeAcres: 0.28
  • Lot Size: Irregular
  • CapRate: 8.93
  • Professional Management Expense: 2966.0
  • Supplies Expense: 500.0
  • Co List Office Mls Id: 4983
  • Subdivision Name: Catalina Farms Annex
  • Location Tax Legal: Tax Year: 2016
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • General Property Information: Lot Dimensions: Irregular
  • General Property Information: List Price/SqFt: 69.34
  • General Property Information: Lot Size Price/SqFt: 22.53
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Main Heating: Forced Air: Yes
  • Main Heating: Natural Gas: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Construction: Concrete Block: Yes
  • Main Cooling: Evaporative Cooling: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Concrete Block

Utilities

  • Miscellaneous Master Water Meter: Yes
  • Utilities: Sewer Connected
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 200.0
  • Expenses Maintenance Supplies: 500.0
  • Expenses Taxes Assessments: 3208.0
  • Annual Water Sewer Expense: 3774.0

Lot Info

  • Lot Size Sq Ft: 11761.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1964

Tax Info

  • Tax Year: 2016
  • New Taxes Expense: 3208.0
  • Tax Other Annual Assessment Amount: 9721.0

Multi Family

  • Annual Gross Income: 34856.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 23208.0
  • Annual Operating Expense: 11648.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 1, 2017
Sold by
Elia Robert J
Bought by
Seller's Agent
Daniel Biel
Realty Executives Arizona Territory
Buyer's Agent
Alex Mastrangelo
Centra Realty
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$423,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,000
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Elia Robert J
Bought by
Elia Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,233
Interest Rate
4.78%
Mortgage Type
Assumption
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$260,000 Title Security Agency Llc
Elia Robert J $121,000 Tstti
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $30,233
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
08/03/2017 08/03/17 Sold $260,000 0.0% $68 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $260,000 -- $68 / 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 $1,876 $14,892
2025 $1,876 $14,183
2024 $1,698 $13,507
2023 $1,698 $12,864 $0 $0
2022 $1,706 $12,251 $0 $0
2021 $1,697 $11,112 $0 $0
2020 $1,645 $11,701 $0 $0
2019 $1,623 $10,583 $0 $0
2018 $1,588 $9,722 $0 $0
2017 $1,599 $9,722 $0 $0
2016 $1,638 $9,722 $0 $0
2015 $1,667 $9,722 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21716219

MLS of Southern Arizona

APN: 111-08-194B

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