$173,000
SOLD JUL 27, 2017
-- Bed
-- Bath
2,216 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

200 Days on Market

About This Home

As of December 2018

Calling all investors!! This property boasts 3 separate units, all of which are occupied. Great central location & motivated sellers make this a prime opportunity to own a great residential income property. All units are 2 bed/1 bath. Please do not disturb tenants. Showing can be arranged with an accepted offer & 48hr notice to tenants.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. Listed on: 12/02/2016

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Inaki Urreiztieta

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1983

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75 x 120

Home Design

  • 2,216 Sq Ft Home
  • Triplex
  • Frame With Stucco

Utilities

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

Listing and Financial Details

  • $1,952 special tax assessment

Community Details

Overview

  • Lincoln Park Subd. Subdivision

Building Details

  • Professional Management Expense $2,028
  • Water Sewer Expense $1,336
  • Gross Income $20,700
  • Net Operating Income $15,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,952

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Lincoln Park Subd N75' of Lot 7
  • List Price per Sq Ft: 78.97
  • Unit Info Average Monthly Rent Two Bedroom: 575.00
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2216.00

Exterior Features

  • Construction: Frame - Stucco

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1952.07

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.21
  • Lot Dimensions: 75 x 120
  • Lot Size Price Sq Ft: 19.44
  • Lot Sq Ft: 9000.00
  • Lot Sz Sold Prc Sq Ft: 19.22
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1983

Tax Info

  • Tax Code: 111-06-1970
  • Taxes: 1952.07
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 28, 2018
Sold by
Jerez Eric C
Bought by
Hernandez Esteban Camacho
Seller's Agent
Ruben Garcia
Tierra Antigua Realty
Buyer's Agent
Ruben Garcia
Tierra Antigua Realty
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$383,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,267
Avg. Annual Appreciation
9.66%
Original Mortgage
$206,196
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jun 26, 2017
Sold by
Zhang Hui and Qian Xinyang
Bought by
Jerez Eric C
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Inaki Urreiztieta
Keller Williams Southern Arizona
List Price
$173,000
Sold Price
$173,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$169,866
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Mccabe Virginia M and Mccabe Donald R
Bought by
Qian Xinyang and Zhang Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Title Security Agency Llc
Warranty Deed $173,000 Catalina Title Agency
Warranty Deed $241,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,429 FHA
Closed $206,196 FHA
Previous Owner $169,866 FHA
Previous Owner $180,000 New Conventional
Previous Owner $92,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $210,000 0.0% $95 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $210,000 +21.4% $95 / Sq Ft
07/27/2017 07/27/17 Sold $173,000 0.0% $78 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $173,000 -- $78 / 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 $1,894 $17,034 -- --
2023 $1,894 $16,223 -- --
2022 $1,887 $15,450 $0 $0
2021 $1,894 $14,014 $0 $0
2020 $1,818 $15,428 $0 $0
2019 $1,765 $14,541 $0 $0
2018 $1,684 $12,106 $0 $0
2016 $1,952 $11,529 $0 $0
2015 $1,890 $10,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21631745

MLS of Southern Arizona

APN: 111-06-1970