NOT LISTED FOR SALE

Estimated Value: $452,000 - $512,000

-- Bed
1 Bath
2,522 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $260,000 $103 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,824/month

54 Days on Market

About This Home

As of April 2017

The video tells it all. Remodeled 1290 sf 3 bedroom 1-3/4 bath front home, 1232 sf 2 bedroom 1-1/2 bath newlyconstructed back unit. Granite counter tops and personal laundry rooms both units, front with tile flooring,back unit with stained concrete and carpeting. Separately metered for electric and gas. Ideal location forinvestment income with short distance to public transportation, shopping, medical and more. Great investment property for the savvy Investor. Expect lengthy time before requiring maintenance. Video tells it all on this property.

Last Agent to Sell the Property

Douglas Trudeau

Tierra Antigua Realty Listed on: 02/24/2017

Last Buyer's Agent

Marilyn Fogelsong

Lawyers Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1961

Lot Details

  • 10,452 Sq Ft Lot
  • Lot Dimensions are 88x118x90x118

Home Design

  • 2,522 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,292 special tax assessment

Community Details

Overview

  • Granada Park Subdivision

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $480
  • Gross Income $27,600
  • Net Operating Income $24,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: GRANADA PARK RESUB OF S2 OF BLOCK 2 & BLOCKS 4 5 6 & 7 LOT 5 EXC N25' & EXC S190'
  • List Price per Sq Ft: 109.04
  • Miscellaneous Package Available: No
  • Unit Info Average Monthly Rent Two Bedroom: 1000.00
  • Unit Info Average Monthly Rent Three Bedroom: 1300.00
  • Unit Info Number Of Units2 B R: 1000
  • Unit Info Number Of Units3 B R: 1300
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2522.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • 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 Taxes Assessments: 1292.32

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.24
  • Lot Dimensions: 88x118x90x118
  • Lot Size Price Sq Ft: 26.31
  • Lot Sq Ft: 10452.00
  • Lot Sz Sold Prc Sq Ft: 24.88
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1961

Tax Info

  • Tax Code: 111-06-3050
  • Taxes: 1292.32
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Vietti Mark and Vietti Kyle
Bought by
Lew Thomas and Lew Dan Yan
Current Estimated Value
$484,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$268,654
Interest Rate
6.69%
Mortgage Type
Seller Take Back
Estimated Equity
$221,248

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 18, 2017
Sold by
Montano Daniel G
Bought by
Vietti Mark and Vietti Kyle
Seller's Agent
Douglas Trudeau
Tierra Antigua Realty
Buyer's Agent
Marilyn Fogelsong
Lawyers Properties
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
May 23, 2016
Sold by
Liening Michael R
Bought by
Montano Daniel G

Purchase Details

Closed on
Mar 1, 2016
Sold by
Montano Marisela and Montano Daniel G
Bought by
Montano Daniel G and Montano Marisela
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lew Thomas $495,000 Title Security Agency
Vietti Mark $260,000 Catalina Title Agency
Montano Daniel G $66,000 Title Security Agency Llc
Montano Daniel G -- Title Security Agency
Montano Daniel G -- Title Security Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lew Thomas $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $260,000 0.0% $103 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $260,000 -- $103 / 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 $3,093 $24,370 -- --
2024 $3,093 $23,210 -- --
2023 $2,918 $22,105 $0 $0
2022 $2,932 $21,052 $0 $0
2021 $2,915 $19,095 $0 $0
2020 $2,827 $19,095 $0 $0
2019 $2,789 $22,994 $0 $0
2018 $2,728 $9,984 $0 $0
2017 $1,642 $9,984 $0 $0
2016 $1,292 $9,508 $0 $0
2015 $1,236 $9,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21705323

MLS of Southern Arizona

APN: 111-06-3050