NOT LISTED FOR SALE

Estimated Value: $471,000 - $508,000

6 Beds
3 Baths
1,959 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $370,000 $189 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,889/month

95 Days on Market

Highlights

  • Mountain View
  • Quartz Countertops
  • Eat-In Kitchen
  • Ranch Style House
  • Covered patio or porch
  • Bathtub with Shower

About This Home

As of December 2020

Great Income Property! Complete remodel! Here's what was re-done: HVAC's, roof, kitchens, baths, dual pane windows, fence, landscaping, flooring, paint in/out. Each unit is a 2 bed and 1 bath, laundry hookups. No maintenance needed here! Great rents! $1050 each unit. Large lot. Landlord pays water. Owner/agent.

Last Agent to Sell the Property

Kelli Eastburn

Peak Realty Investments Listed on: 09/03/2020

Co-Listed By

Gus Maughan

Peak Realty Investments

Last Buyer's Agent

Valeria Crevelt

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Wood Fence
  • Garden
  • Front Yard

Home Design

  • Triplex
  • Ranch Style House
  • Split Level Home
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 1,959 Sq Ft Home
  • Family Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Parking

  • 12 Parking Spaces
  • No Driveway

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • $1,709 special tax assessment

Community Details

Overview

  • Richland Heights Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $400
  • Water Sewer Expense $900
  • Gross Income $37,800
  • Net Operating Income $34,791

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Richland Heights S100' Of Lot 5 Blk 25
  • Attached Detached: Attached
  • List Price per Sq Ft: 204.19
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 1050.00
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector, Split Plan
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1959.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Countertops: quartz
  • Kitchen Features Microwave: above stove
  • Kitchen Features Oven: gas
  • Living Areas: Family Room
  • Laundry: Outside
  • Kitchen Features: Dishwasher, Double Sink, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Flower Beds, Low Care
  • Landscape Rear: Decorative Gravel
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 12

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1709.00

Schools

  • School District: Amphitheater
  • Elementary School: Holaway
  • Middle School: Amphitheater
  • High School: Amphitheater

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: 100x120
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 32.79
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 30.34
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1959

Rental Info

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

Tax Info

  • Tax Code: 113-06-1060
  • Taxes: 1709.65
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 7, 2020
Sold by
First Federal Llc
Bought by
Martin Byron B
Seller's Agent
Kelli Eastburn
Peak Realty Investments
Buyer's Agent
Valeria Crevelt
Coldwell Banker Realty
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$490,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,264
Avg. Annual Appreciation
6.41%
Original Mortgage
$270,000
Outstanding Balance
$243,528
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$246,736

Purchase Details

Closed on
Apr 25, 2018
Sold by
Guibor Jeffrey
Bought by
First Federal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2018
Sold by
Guibor Jeffrey
Bought by
Guibor Garth

Purchase Details

Closed on
Jan 22, 2015
Sold by
Guibor Jeffrey and Guibor Garth
Bought by
Guibor Jeffrey and Guibor Garth

Purchase Details

Closed on
Jan 3, 2001
Sold by
Strickland Richard W and Strickland Patricia A
Bought by
Guibor George E and Guibor Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1997
Sold by
Moon Thomas E and Moon Rebecca F
Bought by
Strickland Robert W and Strickland Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
7.54%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Martin Byron B $370,000 Pioneer Title Agency Inc
First Federal Llc $190,000 Pioneer Title Agency
Guibor Garth -- None Available
Guibor Garth -- None Available
Guibor Jeffrey -- None Available
Guibor George E $128,000 --
Strickland Robert W $99,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Byron B $270,000
Previous Owner First Federal Llc $171,000
Previous Owner First Federal Llc $181,000
Previous Owner Guibor George E $96,700
Previous Owner Guibor George E $96,000
Previous Owner Strickland Robert W $79,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $370,000 0.0% $189 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $370,000 -- $189 / 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
2024 $1,879 $15,094 -- --
2023 $1,804 $14,375 $0 $0
2022 $1,804 $13,691 $0 $0
2021 $1,765 $12,418 $0 $0
2020 $1,755 $17,230 $0 $0
2019 $1,710 $16,662 $0 $0
2018 $1,655 $10,727 $0 $0
2017 $1,626 $10,727 $0 $0
2016 $1,563 $10,216 $0 $0
2015 $1,516 $9,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22021928

MLS of Southern Arizona

APN: 113-06-1060