NOT LISTED FOR SALE

Estimated Value: $293,669 - $554,000

-- Bed
-- Bath
2,698 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $162,000 $60 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,415/month

41 Days on Market

About This Home

As of May 2016

Absolutely Charming 3 Plex in central Tucson, great for UA! Beautiful wood beamed ceilings. Rehabbing just completed. All 3 units vacant and showable. Great opportunity for multi-gen families too. Lots of character in this home! 2 Bedroom main house plus 2 one bedroom units. Covered parking and gated private parking off street! Close to bus lines and U of A! Call to see.

Last Agent to Sell the Property

Tom Ebenhack

Long Realty Brokerage Email: Team@TucsonHomes.com Listed on: 03/24/2016

Long Realty

Last Buyer's Agent

Richie Cardenas

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1961

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x119x80x110

Home Design

  • 2,698 Sq Ft Home
  • Triplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • $1,685 special tax assessment

Community Details

Overview

  • Granada Park Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,500
  • Gross Income $18,048
  • Net Operating Income $10,963

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Granada Park (Blks 4-7)
  • List Price per Sq Ft: 57.41
  • Miscellaneous Package Available: No
  • Unit Info Average Monthly Rent One Bedroom: 500.00
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 1
  • Attribution Contact: Team@TucsonHomes.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2698.00
  • Interior Steps: Yes

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Other Expenses: 1200.00
  • Expenses Taxes Assessments: 1685.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.24
  • Lot Dimensions: 80x119x80x110
  • Lot Size Price Sq Ft: 14.82
  • Lot Sq Ft: 10454.00
  • Lot Sz Sold Prc Sq Ft: 15.50
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1961

Tax Info

  • Tax Code: 111-06-354A
  • Taxes: 1686.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 24, 2016
Sold by
Cardenas Joan
Bought by
Cardenas Richard
Seller's Agent
Tom Ebenhack
Long Realty
Buyer's Agent
Richie Cardenas
Tierra Antigua Realty
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$413,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,492
Avg. Annual Appreciation
11.45%
Original Mortgage
$159,065
Outstanding Balance
$127,155
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$314,517

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 5, 2016
Sold by
Erickson Gregg M
Bought by
Cardenas Joan
Seller's Agent
Tom Ebenhack
Long Realty
Buyer's Agent
Richie Cardenas
Tierra Antigua Realty
List Price
$162,000
Sold Price
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,065
Outstanding Balance
$127,155
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$314,517

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 3, 2016
Sold by
Cardenas Richard and Cardenas Joan
Bought by
Cardenas Joan
Seller's Agent
Tom Ebenhack
Long Realty
Buyer's Agent
Richie Cardenas
Tierra Antigua Realty
List Price
$162,000
Sold Price
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,065
Outstanding Balance
$127,155
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$314,517

Purchase Details

Listed on
May 14, 2015
Closed on
Jul 1, 2015
Sold by
Hayward Alisa
Bought by
Erickson Gregg M
Seller's Agent
Damion Alexander
Long Realty Company
Buyer's Agent
Pamela Browning
Long Realty
List Price
$116,000
Sold Price
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.13%
Original Mortgage
$80,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Craig Edith Bailey
Bought by
Craig Eddy Bob

Purchase Details

Closed on
Dec 10, 2004
Sold by
Ertur Savash and Koehler Elka
Bought by
Craig Eddy Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2002
Sold by
Ertur Savash
Bought by
Ertur Savash and Koehler Elka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2002
Sold by
Borgardt James D and Deconde Jennifer
Bought by
Ertus Savash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1994
Sold by
Tompkins F D
Bought by
Borgardt James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Cardenas Richard -- None Available
Cardenas Joan $162,000 Catalina Title Agency
Cardenas Joan $162,000 Catalina Title Agency
Cardenas Joan -- Catalina Title Agency
Cardenas Joan -- Catalina Title Agency
Erickson Gregg M $116,000 Stewart Title & Trust Tucson
Erickson Gregg M $116,000 Stewart Title & Trust Tucson
Craig Eddy Bob -- None Available
Craig Eddy Bob -- None Available
Craig Eddy Bob $185,000 --
Craig Eddy Bob $185,000 --
Ertur Savash -- --
Ertur Savash -- --
Ertus Savash $135,250 --
Borgardt James D $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Joan $159,065
Closed Cardenas Joan $159,065
Previous Owner Erickson Gregg M $80,000
Previous Owner Craig Eddy Bob $148,000
Previous Owner Ertus Savash $69,200
Previous Owner Borgardt James D $68,400
Closed Craig Eddy Bob $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $162,000 0.0% $60 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $162,000 +39.7% $60 / Sq Ft
07/06/2015 07/06/15 Sold $116,000 0.0% $43 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $116,000 -- $43 / 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 $1,815 $16,322 -- --
2023 $1,815 $15,545 -- --
2022 $1,808 $14,805 $0 $0
2021 $1,815 $13,429 $0 $0
2020 $1,742 $18,339 $0 $0
2019 $1,692 $16,992 $0 $0
2018 $1,614 $11,600 $0 $0
2017 $1,540 $11,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21608684

MLS of Southern Arizona

APN: 111-06-354A