NOT LISTED FOR SALE

Estimated Value: $297,000 - $583,716

9 Beds
5 Baths
3,511 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $361,000 $103 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,827/month

52 Days on Market

Highlights

  • 0.33 Acre Lot
  • Ranch Style House
  • Bathtub with Shower
  • Davidson Elementary School Rated 9+
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2020

4 plex, with three 2bed, 1 bath units and one 3 bed 2 bath unit. All have big fenced back yards. Individual electric meters on each unit. Tenant pays electric. One water meter for the 3 bed unit and the other 3 units are on one meter. Laundry facilities for each unit include washer and dryer. Plenty of parking at front and back of property, along the driveway in front of units and between two of the units. Ceramic tile floors throughout. Nice sized units.

Last Agent to Sell the Property

Penny Gebhart

Realty Executives Arizona Territory Listed on: 06/05/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Marcela Cardenas

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60 x 240
  • East or West Exposure
  • Wood Fence
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Front Yard

Home Design

  • Quadruplex
  • Ranch Style House
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 3,511 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level

Schools

  • Davidson Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • $2,820 special tax assessment

Community Details

Overview

  • Farmington Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $3,000
  • Gross Income $36,000
  • Net Operating Income $28,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,820

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: FARMINGTON S60' OF LOT 4 & 5 BLK 11
  • Attached Detached: Attached
  • List Price per Sq Ft: 106.81
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 3511.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Dryer Included, Laundry Room, Washer Included
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care, Trees
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2819.85

Schools

  • School District: TUSD
  • Elementary School: Davidson
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.33
  • Lot Dimensions: 60 x 240
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 26.04
  • Lot Sq Ft: 14400.00
  • Lot Sz Sold Prc Sq Ft: 25.07
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1979

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Owner
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 111-05-2020
  • Taxes: 2819.85
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Davidson
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Bahnan and Faten
Bought by
New Mountain Investment Llc
Current Estimated Value
$481,572

Purchase Details

Closed on
Nov 22, 2021
Sold by
New Mountain Investment Llc
Bought by
Bahnan Aven and Odish Faten

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 19, 2020
Sold by
Winkelman William B and Winkelman Linda S
Bought by
New Mountain Investment Llc
Seller's Agent
Penny Gebhart
Realty Executives Arizona Territory
Buyer's Agent
Marcela Cardenas
Tierra Antigua Realty
List Price
$361,000
Sold Price
$361,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Boggs Mary Adele
Bought by
Winkelman William B and Winkelman Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2001
Sold by
Boggs Robert L and Boggs Mary Adele
Bought by
Boggs Jennifer Adele and Boggs Kristine Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.09%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
New Mountain Investment Llc -- Chicago Title
Bahnan Aven -- None Available
Bahnan Aven -- None Available
New Mountain Investment Llc $375,000 Chicago Title Agency Inc
New Mountain Investment Llc $375,000 Chicago Title Agency Inc
Winkelman William B $175,000 Title Security Agency
Boggs Jennifer Adele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahnan Aven $300,000
Previous Owner Winkelman William B $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $361,000 0.0% $103 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $361,000 -- $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 $3,126 $24,637 -- --
2024 $3,126 $23,464 -- --
2023 $2,950 $22,347 $0 $0
2022 $2,964 $21,283 $0 $0
2021 $2,947 $19,304 $0 $0
2020 $2,857 $21,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22014045

MLS of Southern Arizona

APN: 111-05-2020