$235,000
SOLD OCT 4, 2016
-- Bed
-- Bath
1,991 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

36 Days on Market

About This Home

As of October 2016

Amazing university rental property. Completely flipped in 2014. Currently rented out until 7/31/17 for $2350 a month and tenants pay all utilities. Very easy to rent. Numbers shown are real expenses last year. Call LA for property income statement. Owner/Agent.

Last Agent to Sell the Property

Morgan Abraham

ABECAP Listed on: 08/29/2016

Last Buyer's Agent

Ben Riehle

Keller Williams Southern Arizona

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x135x50x135

Home Design

  • 1,991 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Heating

Listing and Financial Details

  • $2,082 special tax assessment

Community Details

Overview

  • Grant Rd Park 2 Subdivision

Building Details

  • Insurance Expense $685
  • Maintenance Expense $1,125
  • Gross Income $28,200
  • Net Operating Income $24,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Grant Road Park S5'W135'Lot 7Blk 2
  • List Price per Sq Ft: 120.54
  • Unit Info Avg Mo Rent Other: 2350.00
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1991.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Heating: None
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1125.00
  • Expenses Taxes Assessments: 2082.48

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.12
  • Lot Dimensions: 50x135x50x135
  • Lot Size Price Sq Ft: 45.92
  • Lot Sq Ft: 5227.00
  • Lot Sz Sold Prc Sq Ft: 44.96
  • Municipality Zoning: Tucson - R1

Building Info

  • Year Built: 1946

Tax Info

  • Tax Code: 112-07-0550
  • Taxes: 2226.79
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Thush Jon Craig and Thush Sandra Flora
Bought by
Ff Spe1 Llc
Current Estimated Value
$450,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$270,441
Interest Rate
2.7%
Mortgage Type
Seller Take Back
Estimated Equity
$179,891

Purchase Details

Listed on
Aug 29, 2016
Closed on
Sep 29, 2016
Sold by
2632 Forgeus Llc
Bought by
Thush Jon Craig and Thush Sandra Flora
Seller's Agent
Morgan Abraham
ABECAP
Buyer's Agent
Ben Riehle
Keller Williams Southern Arizona
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Aug 11, 2014
Closed on
Feb 11, 2015
Sold by
Rincon Investments Llc
Bought by
Abraham Morgan and Avdee Eric
Seller's Agent
Tina Baba
Long Realty
Buyer's Agent
Tina Baba
Long Realty
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.77%
Original Mortgage
$160,000
Interest Rate
3.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2009
Sold by
Fannie Mae
Bought by
Rincon Investments Llc

Purchase Details

Closed on
Apr 17, 2009
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2009
Sold by
Bodnar Arthur
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
May 9, 2007
Sold by
Bodnar Arthur J
Bought by
Bodnar Arthur J and Bodnar Patricia L

Purchase Details

Closed on
Mar 12, 2001
Sold by
Bodnar Patricia
Bought by
Bodnar Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.97%
Source: Public Records

Similar Homes in Tucson, AZ

  • 139 E 35th St, Tucson, AZ 85713

    $249,000

    • 4 Beds
    • 4 Baths
    • 1,139 Sq Ft
    • 139 E 35th St
    • Tucson, AZ

    3 Units sold AS IS, INVESTORS ONLY! Originally built in 1948, this home has been thoughtfully converted into a tri-plex dwelling, with each unit with its own power meter. Currently it's set up as Main Unit:2 Bedrooms / 2 Bathrooms, front and rear entrances, private yard and gated parking. (2) Efficiency Studios: Each with heating & cooling, Convenient gated parking. Recent upgrades include mini

    Bobbie Fimbres Realty Bobbie

    Section Image
  • 2116 W La Osa St, Tucson, AZ 85705

    $259,000

    • 6 Beds
    • 5 Baths
    • 3,857 Sq Ft
    • 2116 W La Osa St
    • Tucson, AZ

    Three mobile homes and one free standing building on a .42 acre lot, zoned MU(multi use residential/commercial). There are three metal storage containers on the property that convey, the seller will lease these back for three years. All units are central AC or mini-splits. The property is older and has deferred maintenance and will be sold in as is condition. MU zoning allows for a wide variety

    David Walsh Realty Executives Arizona Territory

    Section Image
  • 613 W 41st St, Tucson, AZ 85713

    $233,000

    • 4 Beds
    • 3 Baths
    • 1,643 Sq Ft
    • 613 W 41st St
    • Tucson, AZ

    House with guest house available! Rear unit is 3 BR 2 BA, has a fireplace, gas stove, fridge and washer/dryer hook ups. The guest unit in the front is a 1 BR 1 BA, walk in shower, with mini splits, gas stove and fridge. Great set up for extended family. Ceiling fans, ceramic tile and newer kitchen cabinets and counters throughout. Ample closets space. There is one meter for electric and one for

    Eduardo Garcia Grijalva Realty Corp.

    Section Image
  • 3620 S Belmar Ave, Tucson, AZ 85713

    $279,900

    • 3 Beds
    • 3 Baths
    • 1,461 Sq Ft
    • 3620 S Belmar Ave
    • Tucson, AZ

    Discover the perfect blend of comfortable living and smart investment in this delightful 3-bedroom, 2-bathroom home featuring a completely separate 1-bedroom, 1-bathroom casita. Seamless freeway access, you're minutes from Tucson's vibrant restaurant scene, major shopping destinations, and the VA Hospital. Whether you're a savvy homeowner looking to offset housing costs or an investor seeking a

    Daniel Biel Realty Executives Arizona Territory

    Section Image
  • 7041 S Headley Ave, Tucson, AZ 85746

    $249,900

    • 6 Beds
    • 6 Baths
    • 1,343 Sq Ft
    • 7041 S Headley Ave
    • Tucson, AZ

    Approved Short Sale. 2bedroom 1 bath Single family home and 2 Mobile home rental spaces and an additional rental hook up space and pedestal. with an acquisition cap rate over 10%

    Marc Luety Keller Williams Southern Arizona

    Section Image

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $297,000 Fidelity Natl Ttl Agcy Inc
Cash Sale Deed $235,000 Catalina Title Agency
Warranty Deed $180,000 Long Title Agency Inc
Warranty Deed $180,000 Long Title Agency Inc
Cash Sale Deed $80,000 Title Security Agency Of Az
Corporate Deed -- Tfnti
Trustee Deed $126,199 Tfnti
Trustee Deed $126,199 Tfnti
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,000 Seller Take Back
Previous Owner $160,000 Seller Take Back
Previous Owner $110,000 Fannie Mae Freddie Mac
Previous Owner $100,000 Unknown
Previous Owner $86,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Rented $2,350 0.0% --
07/02/2018 07/02/18 Under Contract -- -- --
11/15/2017 11/15/17 For Rent $2,350 0.0% --
10/04/2016 10/04/16 Sold $235,000 0.0% $118 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $235,000 +30.6% $118 / Sq Ft
02/18/2015 02/18/15 Sold $180,000 0.0% $90 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $180,000 -- $90 / 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 $2,713 $21,379 -- --
2024 $2,713 $20,361 -- --
2023 $2,572 $19,392 $0 $0
2022 $2,572 $18,468 $0 $0
2021 $2,557 $16,751 $0 $0
2020 $2,480 $16,751 $0 $0
2019 $2,447 $19,897 $0 $0
2018 $2,393 $14,470 $0 $0
2017 $2,380 $14,470 $0 $0
2016 $2,298 $13,781 $0 $0
2015 $2,227 $13,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21623370

MLS of Southern Arizona

APN: 112-07-0550