NOT LISTED FOR SALE

Estimated Value: $340,189 - $513,000

-- Bed
-- Bath
1,934 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $157,000 $81 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,282/month

28 Days on Market

About This Home

As of March 2015

Great Rental property that cash flows and both units are already rented. Newer roof within the last year, freshly painted turn key property that has had long term Tenants. Look at the numbers and see if it works for you. 2/2 bedrooms one at $700 & one at $685. Please do not disturb Tenants. Very Nice property that has been well taken care of.

Last Agent to Sell the Property

Greg Danhoff

Morado Canyon Realty Listed on: 02/09/2015

Co-Listed By

Greg Danhoff

Morado Canyon Realty

Last Buyer's Agent

Nancy Zeldin

Zip Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1986

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 120 x 50

Home Design

  • 1,934 Sq Ft Home
  • Duplex
  • Frame With Stucco

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • $1,446 special tax assessment

Community Details

Overview

  • Farmington Addition Subdivision

Building Details

  • Insurance Expense $50
  • Water Sewer Expense $75
  • Gross Income $16,620
  • Net Operating Income $15,049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Farmington N50' Lot 2 Blk 6
  • List Price per Sq Ft: 82.68
  • Unit Info Average Monthly Rent Two Bedroom: 700.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1934.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: Window Bars
  • Sewer: Connected
  • 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: 1446.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.14
  • Lot Dimensions: 120 X 50
  • Lot Size Price Sq Ft: 26.22
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 25.75
  • Municipality Zoning: Tucson - C1

Building Info

  • Year Built: 1986

Tax Info

  • Tax Code: 111-05-109B
  • Taxes: 1445.60
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Mar 9, 2015
Sold by
Parker Mary Jo
Bought by
Schwartz Ronald N
Seller's Agent
Greg Danhoff
Morado Canyon Realty
Buyer's Agent
Nancy Zeldin
Zip Realty
List Price
$157,000
Sold Price
$157,000
Current Estimated Value
$401,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,797
Avg. Annual Appreciation
9.12%
Original Mortgage
$117,750
Outstanding Balance
$89,716
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$312,081

Purchase Details

Closed on
Mar 8, 2004
Sold by
Gravino Rose
Bought by
Parker Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Johnson Edwin
Bought by
Gravino Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Judith Ann Swanson Revocable Trust
Bought by
Gravino Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz Ronald N $157,000 Old Republic Title Agency
Parker Mary Jo $170,000 --
Gravino Rose -- --
Gravino Rose $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Ronald N $117,750
Previous Owner Parker Mary Jo $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $157,000 0.0% $81 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $157,000 -- $81 / 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 $2,021 $15,279 -- --
2024 $1,828 $14,552 -- --
2023 $1,828 $13,859 -- --
2022 $1,838 $13,199 $0 $0
2021 $1,828 $11,972 $0 $0
2020 $1,772 $15,831 $0 $0
2019 $1,749 $14,668 $0 $0
2018 $1,711 $10,342 $0 $0
2016 $1,662 $9,849 $0 $0
2015 $1,610 $9,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21504419

MLS of Southern Arizona

APN: 111-05-109B