$138,000
SOLD MAR 15, 2013
-- Bed
-- Bath
2,327 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

132 Days on Market

About This Home

As of March 2022

The five units in this classic 1940's apartment complex are all situated around a central courtyard. Located just 1.5 miles from the University of Arizona, this quiet complex is rarely vacant. Red polished concrete floors throughout all of the units, along with wood beamed ceilings and off street parking. Laundry hook ups are available. Studio units are actually junior 1 bedroom apartments. The two bedroom unit has a den. Inspection report available. Approved Short Sale with local bank-14 day close!

Last Agent to Sell the Property

Daniel Reichardt

Genesis Real Estate & Management Listed on: 10/12/2012

Co-Listed By

James Gosses

Genesis Real Estate & Management

Last Buyer's Agent

Marcela Cardenas

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1947

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x129.5

Home Design

  • 2,327 Sq Ft Home

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • $1,849 special tax assessment

Community Details

Overview

  • Morning View Subdivision

Building Details

  • Insurance Expense $576
  • Maintenance Expense $2,000
  • Professional Management Expense $2,441
  • Water Sewer Expense $1,800
  • Gross Income $25,620
  • Net Operating Income $16,954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,849

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: E 75' of S 129.5 of Lot 7 Blk 8
  • List Price per Sq Ft: 63.60
  • Unit Info Average Monthly Rent One Bedroom: 490.00
  • Unit Info Average Monthly Rent Two Bedroom: 585.00
  • Unit Info Average Monthly Rent Studios: 410.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 3
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2327.00

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 2000.00
  • Expenses Taxes Assessments: 1849.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.22
  • Lot Dimensions: 75x129.5
  • Lot Size Price Sq Ft: 15.44
  • Lot Sq Ft: 9583.00
  • Lot Sz Sold Prc Sq Ft: 14.40
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1947

Tax Info

  • Tax Code: 122-171-000
  • Taxes: 1849.00
  • Tax Year: 2011

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21225063

MLS of Southern Arizona