$275,000
SOLD JUN 14, 2013
-- Bed
-- Bath
3,376 Sq Ft
0.46 Acres

Recently Sold

$81 Per Sq Ft

70 Days on Market

About This Home

As of May 2020

This is a five unit property on two separate parcels. The property is comprised of a triplex (three 1 bdrm units) and a 3 bdrm 2 ba house on one lot (ass # 112-07-059D) and a 2 bdrm 1 ba house on one lot (ass # 112-07-059C)Owners desire is to sell both parcels but would consider offers on either parcel. The property has a nice layout and offers the tenants a private setting with walled private yards, mature landscaping and covered parking. Each unit has beamed ceilings and stained wood cabinets, lots of charm and character. This property has been very well maintained by the owner with no deferred maintenance. Nice property, great cash flow with historical low vacancy. Drive by only do not disturb tenants. Inspection subject to accepted offer. Owner will carry with a minimum of 25% down

Last Agent to Sell the Property

David Walsh

Northpoint Asset Management Listed on: 04/01/2013

Last Buyer's Agent

Lance Parsons

RE/MAX Catalina Foothills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1956

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200 x 100

Home Design

  • 3,376 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $3,971 special tax assessment

Community Details

Overview

  • Grant Road Park Subdivision

Building Details

  • Fuel Expense $835
  • Insurance Expense $1,102
  • Maintenance Expense $5,291
  • Water Sewer Expense $1,400
  • Gross Income $31,310
  • Net Operating Income $18,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: supplied in escrow
  • List Price per Sq Ft: 87.38
  • Unit Info Average Monthly Rent One Bedroom: 435.00
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Three Bedroom: 850.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3376.00

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 835.00
  • Expenses Maintenance Supplies: 5291.00
  • Expenses Taxes Assessments: 3971.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.46
  • Lot Dimensions: 200 x 100
  • Lot Size Price Sq Ft: 14.72
  • Lot Sq Ft: 20037.00
  • Lot Sz Sold Prc Sq Ft: 13.72
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1956

Tax Info

  • Tax Code: 112-07-059D
  • Taxes: 4126.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 7, 2013
Sold by
Meade William E and Meade Karen J
Bought by
Fitzsimons Joan
Seller's Agent
David Walsh
Northpoint Asset Management
Buyer's Agent
Lance Parsons
RE/MAX Catalina Foothills
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$516,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,715
Avg. Annual Appreciation
5.68%
Original Mortgage
$175,000
Outstanding Balance
$125,653
Interest Rate
3.32%
Mortgage Type
Seller Take Back
Estimated Equity
$412,290

Purchase Details

Closed on
Nov 11, 2009
Sold by
Bryden Charles A
Bought by
Dolan Jazz A

Purchase Details

Closed on
Jul 5, 2002
Sold by
Meade William and Meade Karen J
Bought by
Meade William and Meade Karen J
Source: Public Records

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Range of Values:

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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 $275,000 Stewart Title & Trust Of Tuc
Warranty Deed $149,900 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Seller Take Back
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $430,000 0.0% $127 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $430,000 +56.4% $127 / Sq Ft
06/14/2013 06/14/13 Sold $275,000 0.0% $81 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $275,000 -- $81 / 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
2024 $3,107 $24,734 -- --
2023 $3,107 $23,556 -- --
2022 $3,125 $22,434 $0 $0
2021 $3,107 $20,348 $0 $0
2020 $3,012 $20,348 $0 $0
2019 $2,988 $23,846 $0 $0
2018 $2,922 $17,669 $0 $0
2017 $2,906 $17,669 $0 $0
2016 $2,842 $16,827 $0 $0
2015 $2,756 $16,026 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21308576

MLS of Southern Arizona

APN: 112-07-059D