NOT LISTED FOR SALE

Estimated Value: $327,000 - $462,000

-- Bed
-- Bath
2,462 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $141,570 $58 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,348/month

72 Days on Market

About This Home

As of June 2015

Property has a history of a great cash flow. Central location, near the River Walk/biking trail, Winterhaven, and Tucson Racquet Club. Some maintenance would make this a prime property. Live in one unit while managing the property and working on your projects. Three residential units include 3 bedroom, 2 bedroom & studio plus a huge 853 square foot workshop/storage room. Each unit has it's own fenced yard, and a covered parking space. All units have ceramic tile throughout. 3 BR/2 bath unit has attractive knotty pine ceilings and a fireplace. Units are located on a quiet private culdesac, near Prince and Country Club Rds. Convenient to the U of A. Please see all photos for additional information.

Last Agent to Sell the Property

Ruth Wojcik

Tierra Antigua Realty Listed on: 03/23/2015

Co-Listed By

Steve Wojcik

Tierra Antigua Realty

Last Buyer's Agent

Jerid Brown

Oxford Residential Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1959

Lot Details

  • 8,550 Sq Ft Lot
  • Lot Dimensions are 90x95x90x95

Home Design

  • 2,462 Sq Ft Home
  • Triplex
  • Concrete Block And Stucco Construction

Utilities

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

Listing and Financial Details

  • $2,960 special tax assessment

Community Details

Overview

  • Rillito River Side Acres Subdivision

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $720
  • Gross Income $22,500
  • Net Operating Income $17,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Rillito-River-Side-Acres S90' N180' Lot exc W25' for Rd, Blk 4
  • List Price per Sq Ft: 60.92
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Three Bedroom: 775.00
  • Unit Info Average Monthly Rent Studios: 450.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2462.00
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Septic

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2959.73

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.19
  • Lot Dimensions: 90x95x90x95
  • Lot Size Price Sq Ft: 17.54
  • Lot Sq Ft: 8550.00
  • Lot Sz Sold Prc Sq Ft: 16.56
  • Municipality Zoning: Tucson - C1

Building Info

  • Year Built: 1959

Tax Info

  • Tax Code: 111-03-0700
  • Taxes: 2959.73
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jul 22, 2015
Sold by
Brown Vicki
Bought by
Absolute Management Team Llc
Seller's Agent
Ruth Wojcik
Tierra Antigua Realty
Buyer's Agent
Jerid Brown
Oxford Residential Advisors
List Price
$141,570
Sold Price
$141,570
Current Estimated Value
$389,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,216
Avg. Annual Appreciation
10.24%

Purchase Details

Listed on
Mar 23, 2015
Closed on
May 20, 2015
Sold by
Newman Kim M
Bought by
Brown Vicki
Seller's Agent
Ruth Wojcik
Tierra Antigua Realty
Buyer's Agent
Jerid Brown
Oxford Residential Advisors
List Price
$141,570
Sold Price
$141,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,177
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1994
Sold by
Gimmi Carol M
Bought by
Newman Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.57%
Mortgage Type
New Conventional
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
Absolute Management Team Llc -- None Available
Brown Vicki $143,000 Title Security Agency Llc
Brown Vicki $143,000 Title Security Agency Llc
Newman Kim M $75,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Vicki $106,177
Previous Owner Newman Kim M $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $141,570 0.0% $58 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $141,570 -- $58 / 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 $3,456 $27,238 -- --
2024 $3,456 $25,941 -- --
2023 $3,261 $24,706 $0 $0
2022 $3,277 $23,529 $0 $0
2021 $3,258 $21,342 $0 $0
2020 $3,159 $21,342 $0 $0
2019 $3,117 $22,204 $0 $0
2018 $3,049 $18,978 $0 $0
2017 $3,121 $18,978 $0 $0
2016 $3,164 $18,978 $0 $0
2015 $3,132 $18,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21508704

MLS of Southern Arizona

APN: 111-03-0700