NOT LISTED FOR SALE

Estimated Value: $414,154 - $500,000

-- Bed
-- Bath
3,084 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $210,000 $68 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,622/month

64 Days on Market

Highlights

  • Gated Community
  • Forced Air Heating and Cooling System
  • 4-minute walk to Santa Rita Park

About This Home

As of May 2017

Do not disturb. This well built 4plex is a landlords dream, this one will not last. Well maintained and in a great location that is easily rentable. Rents have been raised to $600 with tenants paying all utilities. Maintained by the owner since he built it in 1988. All are 2 bedroom with a great room, all kitchens are fully equipped. The property is also fully fenced and gated.

Last Agent to Sell the Property

Dustin Allred

Berkshire Hathaway Homeservices Premier Properties Listed on: 03/15/2017

Co-Listed By

Mel Whitford

Berkshire Hathaway Homeservices Premier Properties

Last Buyer's Agent

Dustin Allred

Berkshire Hathaway Homeservices Premier Properties Listed on: 03/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1988

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • 3,084 Sq Ft Home
  • Quadruplex
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $1,915 special tax assessment

Community Details

Building Details

  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Professional Management Expense $2,880
  • Gross Income $28,200
  • Net Operating Income $21,405

Additional Features

  • South Park Addition Subdivision
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: South Park Lot 7 Blk 15
  • List Price per Sq Ft: 64.53
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3084.00
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: No

Condo/Co-op/Association

  • Community: None

Association/Amenities

  • Neighborhood Features: Gated Community

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1200.00
  • Expenses Taxes Assessments: 1915.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Price Sq Ft: 26.87
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 28.36
  • Municipality Zoning: Tucson - C1

Building Info

  • Year Built: 1988

Tax Info

  • Tax Code: 118-12-2150
  • Taxes: 1914.93
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 9, 2017
Sold by
Duran Gilbert V
Bought by
Mcmurdo Thomas and Mcmurdo Deanna
Seller's Agent
Dustin Allred
Berkshire Hathaway Homeservices Premier Properties
Buyer's Agent
Dustin Allred
Berkshire Hathaway Homeservices Premier Properties
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$460,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,039
Avg. Annual Appreciation
9.54%
Original Mortgage
$157,500
Outstanding Balance
$130,981
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$329,058

Purchase Details

Closed on
Jan 17, 1995
Sold by
Duron Susan
Bought by
Duron Gilbert
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

Date Buyer Sale Price Title Company
Mcmurdo Thomas $210,000 Stewart Title & Tr Of Tucson
Duron Gilbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmurdo Thomas $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $210,000 0.0% $68 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $210,000 -- $68 / 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 $2,544 $19,230 -- --
2024 $2,302 $18,314 -- --
2023 $2,302 $17,442 $0 $0
2022 $2,314 $16,612 $0 $0
2021 $2,300 $15,067 $0 $0
2020 $2,230 $25,381 $0 $0
2019 $2,201 $24,620 $0 $0
2018 $2,153 $13,016 $0 $0
2017 $1,728 $13,016 $0 $0
2016 $1,915 $12,396 $0 $0
2015 $1,843 $11,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21707586

MLS of Southern Arizona

APN: 118-12-2150