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

Sale Details

Date 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

Phil Lipman

Bright Properties License #BR543699000 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

  • 20,038 Sq Ft 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

0.46 Acres

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

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
Apr 13, 2017
Closed on
Apr 17, 2017
Sold by
Bought by
Seller's Agent
Phil Lipman
Bright Properties
Buyer's Agent
Denice Osbourne
Long Realty Company
List Price
$640,000
Sold Price
$640,000

Purchase Details

Closed on
Aug 11, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.077%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$640,000 Long Title
$260,000 --
-- --
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 $250,000
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
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

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 $5,716 $45,369
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
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