NOT LISTED FOR SALE
Studio
-- Bath
7,284 Sq Ft
0.46 Acres

Last Sold April 28, 2017

Last sale price $640,000 $88 Per Sq Ft

14 Days on Market

Highlights

  • 0.46 Acre Lot
  • Sam Hughes Elementary Rated 10
  • Forced Air Heating System

About This Home

As of April 2017

Rare stylish 8-plex in coveted Sam Hughes location. Six two bedroom/one bath units and two studio units. Property has excellent historic character and potential for upside. Units have had some significant upgrades and the last little nudge could bring major rent increases. Plenty of parking. Truly prime location right near Rincon Market, Himmel Park, University Medical Center and University of Arizona.

Last Agent to Sell the Property

Philip Lipman

Bright Properties Listed on: 04/13/2017

Last Buyer's Agent

Denice Osbourne

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1946

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 158 x 136

Home Design

  • 7,284 Sq Ft Home
  • Masonry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $4,849 special tax assessment

Community Details

Overview

  • Sam Hughes Community
  • Unsubdivided Sam Hughes Subdivision

Building Details

  • Fuel Expense $1,251
  • Insurance Expense $2,696
  • Maintenance Expense $5,000
  • Professional Management Expense $5,847
  • Water Sewer Expense $4,600
  • Gross Income $75,180
  • Net Operating Income $47,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: S126' N271.8' E30' W99' Ne4 Se4 & S129.6' N271.8' E126.9' W225.9' Ne4 Se4 .483 Ac Sec 8-14-14
  • List Price per Sq Ft: 81.69
  • Unit Info Average Monthly Rent Two Bedroom: 875.00
  • Unit Info Average Monthly Rent Studios: 450.00
  • Unit Info Number Of Units2 B R: 6
  • Unit Info Number Of Units Studios: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 7284.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: Sam Hughes

Fee Information

  • Expenses Contract Services: 3700.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1251.00
  • Expenses Maintenance Supplies: 5000.00
  • Expenses Taxes Assessments: 4849.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.46
  • Lot Dimensions: 158 x 136
  • Lot Size Price Sq Ft: 29.69
  • Lot Sq Ft: 20038.00
  • Lot Sz Sold Prc Sq Ft: 31.94
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1946

Tax Info

  • Tax Code: 125-01-1020
  • Taxes: 4849.41
  • Tax Year: 2016

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $640,000 0.0% $88 / Sq Ft
04/13/2017 04/13/17 For Sale $640,000 -- $88 / 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 $5,716 $43,209 -- --
2024 $5,173 $41,151 -- --
2023 $5,173 $39,192 $0 $0
2022 $5,199 $37,325 $0 $0
2021 $5,169 $33,855 $0 $0
2020 $5,011 $33,855 $0 $0
2019 $5,090 $41,639 $0 $0
2018 $4,979 $30,102 $0 $0
2017 $4,951 $30,102 $0 $0
2016 $4,849 $28,669 $0 $0
2015 $4,713 $27,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21710275

MLS of Southern Arizona