NOT LISTED FOR SALE
Studio
-- Bath
3,590 Sq Ft
19,602 Sq Ft Lot

Last Sold October 05, 2016

Last sale price $190,000 $53 Per Sq Ft

118 Days on Market

About This Home

As of October 2016

PROPERTY HAS 5 UNITS. 4 ONE BEDROOM 1 BATH UNITS, SMALL PRIVATE YARDS, 3 HAVE BEEN SEMI-UPDATED. MAIN HOUSE HAS 2 BEDROOMS 1 BATH, LARGE LIVING ROOM, EAT IN KITCHEN. THIS PROPERTY IS FULLY RENTED. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Marni Allen

Tucson Property Executives License #SA510449000 Listed on: 06/10/2016

Last Buyer's Agent

Joleen Alvarez

Bright Properties License #SA636417000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 142.8 x 138.2

Home Design

  • 3,590 Sq Ft Home
  • Lead Paint Disclosure

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Fuel Expense $2,036
  • Insurance Expense $500
  • Maintenance Expense $684
  • Professional Management Expense $2,575
  • Water Sewer Expense $1,745
  • Operating Expense $7,540
  • Gross Income $25,992
  • Net Operating Income $18,452

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0.45 Acres

Listing Details

  • Property Type: Multi-Family
  • Unit Info Average Monthly Rent One Bedroom: 450.0
  • Unit Info Average Monthly Rent Two Bedroom: 625.0
  • Lot Size: 142.8 x 138.2
  • CapRate: 9.71
  • Professional Management Expense: 2574.5
  • Supplies Expense: 684.07
  • Co List Office Mls Id: 4685
  • Subdivision Name: Palo Verde Addition
  • General Property Information: List Price/SqFt: 62.67
  • General Property Information: Lot Size Price/SqFt: 11.48
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Steps: Yes

Utilities

  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes
  • Utilities: Sewer Connected
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 2036.15
  • Expenses Maintenance Supplies: 684.07
  • Annual Water Sewer Expense: 1745.17

Lot Info

  • Lot Size Sq Ft: 11.0
  • Zoning: Tucson - R1

Building Info

  • Year Built: 1942

Tax Info

  • Tax Year: 2015

Multi Family

  • Annual Gross Income: 25991.92
  • Insurance Expense: 500.0
  • Property Net Operating Income: 18452.03
  • Annual Operating Expense: 7539.89
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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 List to Sale Price per Sq Ft
10/05/2016 10/05/16 Sold $190,000 0.0% $53 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $190,000 -- $53 / 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 $3,956 $31,405 -- --
2025 $3,956 $29,910 -- --
2024 $3,581 $28,486 -- --
2023 $3,581 $27,129 $0 $0
2022 $3,599 $25,837 $0 $0
2021 $3,578 $23,435 $0 $0
2020 $3,469 $24,365 $0 $0
2019 $3,423 $24,353 $0 $0
2018 $3,348 $20,244 $0 $0
2017 $3,329 $20,244 $0 $0
2016 $3,260 $19,280 $0 $0
2015 $3,170 $18,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21616357

MLS of Southern Arizona
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