NOT LISTED FOR SALE
6 Beds
4 Baths
2,327 Sq Ft
9,714 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $475,000 $204 Per Sq Ft

29 Days on Market

Highlights

  • Terracotta or Satillo Flooring
  • Breakfast Area or Nook
  • Courtyard
  • Enclosed Patio or Porch
  • Beamed Ceilings
  • Views

About This Home

As of March 2022

Hacienda style 5-plex with charming central courtyard &large shared back yard w/Ramada and fruit trees. Units have beamed ceilings, AC, tile and concrete flooring. Property has been well taken care of. Three units are one bedroom, one is a 2 bedroom and one is a bedroom plus a den. 12 x 16 building in back w/electric not counted on sq footage. Great location; next to neighborhood park. 5 minutes from U of A; walking distance to Coffee Times, Whole Foods, Loft Cinemas and so much more. Amazing investment opportunity!!! Rents can be 20% higher. - Or airbnb & double the income.. Pride of ownership. 100% occupied. Please do not disturb tenants.

Last Agent to Sell the Property

Marcela Cardenas

Tierra Antigua Realty Listed on: 02/25/2022

Tierra Antigua Realty

Last Buyer's Agent

Jim Storey

Long Realty

Long Realty
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1947

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 74x128x74x129
  • Block Wall Fence
  • Desert Landscape
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Quadruplex
  • Bungalow
  • Patio Home
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Primary Bathroom includes a Walk-In Shower
  • 2,327 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Located Outside
  • Security Lights
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Concrete
  • Pavers
  • Terracotta

Parking

  • 6 Parking Spaces
  • No Driveway

Accessible Home Design

  • Accessible Hallway
  • Level Entry For Accessibility

Outdoor Features

  • Courtyard
  • Enclosed Patio or Porch
  • Shed

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,652 special tax assessment

Community Details

Overview

  • Morning View Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • Insurance Expense $1,100
  • Professional Management Expense $2,138
  • Water Sewer Expense $2,644
  • Gross Income $37,475
  • Net Operating Income $28,941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1947

Lot Details

9,714 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow, Patio Home
  • Technology: High Speed Internet
  • Accessibility Options: Level, Wide Hallways
  • Legal Description: MORNING VIEW TRACTS E75' S129.5' LOT 7 BLK 8
  • Attached Detached: Attached
  • List Price per Sq Ft: 193.38
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Average Monthly Rent Two Bedroom: 800.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Exposed Beams, Storage
  • Window Coverings: Some
  • Floor Covering: Concrete, Mexican Tile
  • Gross Sq Ft: 2327.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Family Room
  • Laundry: Facility, Outside
  • Extra Room: Storage
  • Kitchen Features: Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel, Desert Plantings, Low Care, Shrubs, Trees
  • Landscape Rear: Desert Plantings, Low Care, Shrubs, Trees
  • Patio Deck: Covered, Enclosed, Paver, Ramada
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential, Sunrise, Sunset
  • Exterior Feature: Courtyard, Shed

Garage/Parking

  • Driveway: None
  • Total Parking: 6

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: Heat Pump
  • Security: Security Lights
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Park, Paved Street, Sidewalks

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2652.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.22
  • Lot Dimensions: 74x128x74x129
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 46.32
  • Lot Sq Ft: 9714.00
  • Lot Sz Sold Prc Sq Ft: 48.90
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1947

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: 122-17-1000
  • Taxes: 2651.59
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Marcela Cardenas
Tierra Antigua Realty
Buyer's Agent
Jim Storey
Long Realty
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Mar 13, 2013
Sold by
Bought by
Seller's Agent
Daniel Reichardt
Genesis Real Estate & Management
Buyer's Agent
Marcela Cardenas
Long Realty
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Closed on
Jan 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.1%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Palo Verde, AZ

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 Title Security Agency
$475,000 Title Security Agency
$138,000 Metro Title Agency
-- Accommodation
$225,000 Ttise
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $475,000 +5.6% $204 / Sq Ft
03/02/2022 03/02/22 For Sale $450,000 +226.1% $193 / Sq Ft
03/15/2013 03/15/13 Sold $138,000 0.0% $59 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $138,000 -- $59 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,932 $23,276
2025 $2,932 $22,167
2024 $2,654 $21,112
2023 $2,654 $20,107 $0 $0
2022 $2,667 $19,149 $0 $0
2021 $2,652 $17,369 $0 $0
2020 $2,571 $17,369 $0 $0
2019 $2,587 $18,963 $0 $0
2018 $2,531 $15,301 $0 $0
2017 $2,517 $15,301 $0 $0
2016 $2,475 $14,572 $0 $0
2015 $2,490 $14,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22205142

MLS of Southern Arizona
Your Personal Tour Guide

Ask me questions while you tour the home.