NOT LISTED FOR SALE

Estimated Value: $535,000 - $681,000

7 Beds
5 Baths
3,584 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $480,000 $134 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,268/month

41 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Covered Patio or Porch
  • 0.39 Acre Lot
  • Modern Architecture
  • Breakfast Area or Nook

About This Home

As of August 2021

Spacious 2 bed, 1 bath units. AC, Laundry hook-ups in each unit. All units metered separately for Gas, Electric and Water. All units leased. 2 parking spots for each unit.Most of the expenses the past year were for non-recurring items like installation of doorbells, dryer outlets, washer plumbing, exterior motion lights, ceiling fans and fire extinguishers. All units

Last Agent to Sell the Property

Penny Gebhart

Realty Executives Arizona Territory Listed on: 07/09/2021

Realty Executives Arizona Territory

Last Buyer's Agent

Luis Espinoza

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1971

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 125 x 137.50 x 119 x 137.50
  • Wood Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Modern Architecture
  • Built-Up Roof

Interior Spaces

  • 3,584 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Window Bars
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Driveway

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Ground Level
  • Upper Level

Schools

  • Blenman Elementary School
  • Mansfeld Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $2,074 special tax assessment

Community Details

Overview

  • Almartin Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,774
  • Gross Income $33,060
  • Net Operating Income $20,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Modern
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: ALMARTIN E6' LOT 3 & ALL OF LOT 4 BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 132.53
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3584.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Laundry Other: Not included in 3218
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care, Shrubs
  • Landscape Rear: Trees
  • Landscape Rear Other: BBQ Area
  • Patio Deck: Balcony, Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: BBQ

Garage/Parking

  • Driveway: To Property Line
  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: Security Lights, Window Bars
  • 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 Contract Services: 560.00
  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 8100.57
  • Expenses Taxes Assessments: 2073.99

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.39
  • Lot Dimensions: 125 x 137.50 x 119 x 137.50
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 28.32
  • Lot Sq Ft: 16775.00
  • Lot Sz Sold Prc Sq Ft: 28.61
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1971

Rental Info

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

Tax Info

  • Tax Code: 111-07-211A
  • Taxes: 2073.99
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Osterkorn John R and Osterkorn Jacqueline
Bought by
Mclain James R
Current Estimated Value
$587,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$216,218
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$371,021
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
Mclain James R $374,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclain James R $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $480,000 0.0% $134 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $480,000 -- $134 / 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 $2,366 $17,883 -- --
2024 $2,139 $17,031 -- --
2023 $2,139 $16,220 -- --
2022 $2,152 $15,448 $0 $0
2021 $2,139 $14,011 $0 $0
2020 $2,074 $22,456 $0 $0
2019 $2,047 $22,439 $0 $0
2018 $2,002 $12,104 $0 $0
2017 $1,991 $12,104 $0 $0
2016 $1,958 $11,527 $0 $0
2015 $1,903 $10,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22117767

MLS of Southern Arizona

APN: 111-07-211A