NOT LISTED FOR SALE

Estimated Value: $270,392 - $357,000

Studio
-- Bath
1,211 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $30,000 $25 Per Sq Ft

Est. 939% increase in value since last sale

Current estimated payment $1,790/month

514 Days on Market

About This Home

As of March 2012

Great opportunity - Not a Dream - But both are disasters. 2 homes on large lot with room for another (front home has 3 bedroom, 1 bath - Rear home has 2 bedroom, 1 bath) (1 owner is a licensed RE broker in AZ).

Last Agent to Sell the Property

Joyce Groshans

Coldwell Banker Realty Listed on: 10/04/2010

Last Buyer's Agent

Scott Knight

Long Realty Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 66 x 300

Home Design

  • 1,211 Sq Ft Home
  • Duplex
  • Masonry

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window

Community Details

Overview

  • Fruitvale Addition Subdivision

Building Details

  • Insurance Expense $300
  • Water Sewer Expense $600
  • Gross Income $9,600
  • Net Operating Income $8,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Fruitvale E2 Lot 2 Blk 3
  • List Price per Sq Ft: 49.55
  • Miscellaneous Package Available: No
  • Unit Info Average Monthly Rent Two Bedroom: 375.00
  • Unit Info Average Monthly Rent Three Bedroom: 425.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1211.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.41
  • Lot Dimensions: 66 x 300
  • Lot Size Price Sq Ft: 3.03
  • Lot Sq Ft: 19800.00
  • Lot Sz Sold Prc Sq Ft: 1.52
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1938

Tax Info

  • Tax Code: 111-07-043D
  • Taxes: 1907.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Azzam Donna A
Bought by
Azzam Ibrahim M
Current Estimated Value
$311,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$133,542
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$178,056

Purchase Details

Listed on
Oct 4, 2010
Closed on
Mar 12, 2012
Sold by
Gallagher Donna and Gould Anne Connelly
Bought by
R & K Llc
Seller's Agent
Joyce Groshans
Coldwell Banker Realty
Buyer's Agent
Scott Knight
Long Realty Company
List Price
$100,000
Sold Price
$30,000
Premium/Discount to List
-$70,000
-70%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%
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
Azzam Ibrahim M -- Stewart Title & Tr Of Tucson
Azzam Ibrahim M -- Stewart Title & Tr Of Tucson
Azzam Ibrahim M -- Stewart Title & Tr Of Tucson
R & K Llc $30,000 Long Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azzam Ibrahim M $161,000
Closed Azzam Ibrahim M $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2012 03/19/12 Sold $30,000 -70.0% $25 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
10/04/2010 10/04/10 For Sale $100,000 -- $83 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $2,064 $20,671 -- --
2025 $2,064 $15,601 -- --
2024 $1,866 $14,858 -- --
2023 $1,866 $14,150 -- --
2022 $1,877 $13,476 $0 $0
2021 $1,866 $12,224 $0 $0
2020 $1,809 $12,224 $0 $0
2019 $1,785 $11,641 $0 $0
2018 $1,834 $11,641 $0 $0
2017 $1,915 $11,641 $0 $0
2016 $1,941 $11,641 $0 $0
2015 $1,931 $11,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21034622

MLS of Southern Arizona

APN: 111-07-043D

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