NOT LISTED FOR SALE

Estimated Value: $461,159 - $493,000

Studio
2 Baths
1,903 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2012

Last sale price $170,000 $89 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,828 / mo

55 Days on Market

About This Home

As of January 2012

Great opportunity to own a solid red brick U of Area home in one of Tucson's most popular central neighborhoods. 3 bedroom 2 bath main home with newly uncovered polished concrete floors plus an attached studio guest quarters offer income opportunities for the investor. The house needs some paint and updating but the bones are great. Low maintenence exterior includes a small fenced back yard, screened Arizona room and no grass to mow. Guest quarters offers a small kitchen and it's own full bath. Sold ''as is''. Bring your offers! Rental numbers are estimates.

Last Agent to Sell the Property

Wayne Anderson

Via Realty License #BR035366000 Listed on: 11/02/2011

Last Buyer's Agent

Rosemary Lacy

Long Realty Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 168.5x90x120

Home Design

  • 1,903 Sq Ft Home
  • Brick or Stone Mason
  • Lead Paint Disclosure

Utilities

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

Community Details

  • Insurance Expense $700
  • Professional Management Expense $1,920
  • New Taxes Expense $2,400
  • Operating Expense $6,520
  • Gross Income $19,200
  • Net Operating Income $12,680

Listing and Financial Details

  • $2,400 special tax assessment

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Unit Info Average Monthly Rent Three Bedroom: 1200.0
  • Unit Info Average Monthly Rent Studios: 400.0
  • Lot Size: 168.5X90X120
  • CapRate: 7.18
  • Professional Management Expense: 1920.0
  • Co List Office Mls Id: 2491
  • Subdivision Name: Broadmoor
  • General Property Information: List Price/SqFt: 92.75
  • General Property Information: Lot Size Price/SqFt: 22.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Steps: Yes

Exterior Features

  • Construction Type: Brick

Utilities

  • Utilities: Sewer Connected
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Capital Expenses: 1500.0
  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2400.0

Lot Info

  • Lot Size Sq Ft: 22.0
  • Zoning: Tucson - R1

Building Info

  • Year Built: 1952

Tax Info

  • Tax Year: 2010
  • New Taxes Expense: 2400.0

Multi Family

  • Annual Gross Income: 19200.0
  • Insurance Expense: 700.0
  • Property Net Operating Income: 12680.0
  • Annual Operating Expense: 6520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2012
Sold by
Garcia Albert L and Garcia Bertha B
Bought by
Mejia Adrian and Garcia Albert L
Current Estimated Value
$480,290

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jan 23, 2012
Sold by
Lopez Norma I
Bought by
Garcia Albert L and Garcia Bertha B
Seller's Agent
Wayne Anderson
Via Realty
Buyer's Agent
Rosemary Lacy
Long Realty Company
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Feb 2, 2010
Sold by
Lopez Norma I
Bought by
Lopez Norma I

Purchase Details

Closed on
Sep 23, 2004
Sold by
Gonzales Nazario A and Lopez Norma I
Bought by
Gonzales Nazario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1994
Sold by
Gonzales Nazario A
Bought by
Gonzales Nazario A
Source: Public Records

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

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
Mejia Adrian -- None Available
Garcia Albert L $170,000 Longt
Lopez Norma I -- None Available
Gonzales Nazario A -- --
Gonzales Nazario A -- --
Gonzales Nazario A -- --
Gonzales Nazario A -- --
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 Gonzales Nazario A $92,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2012 01/26/12 Sold $170,000 0.0% $89 / Sq Ft
01/26/2012 01/26/12 Sold $170,000 -5.0% $89 / Sq Ft View Prior Sale
12/27/2011 12/27/11 Pending -- -- --
12/27/2011 12/27/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $179,000 +5.3% $94 / Sq Ft
08/06/2011 08/06/11 For Sale $170,000 -- $89 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,172 $28,548 -- --
2025 $3,172 $27,189 -- --
2024 $2,847 $25,894 -- --
2023 $2,847 $24,661 $0 $0
2022 $2,869 $23,487 $0 $0
2021 $2,879 $21,303 $0 $0
2020 $2,763 $21,303 $0 $0
2019 $2,684 $24,310 $0 $0
2018 $2,560 $18,402 $0 $0
2017 $2,443 $18,402 $0 $0
2016 $2,382 $17,526 $0 $0
2015 $2,392 $18,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21128388

MLS of Southern Arizona

APN: 129-02-1800

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