NOT LISTED FOR SALE

Estimated Value: $521,000 - $575,503

8 Beds
5 Baths
3,047 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $490,000 $161 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,080/month

21 Days on Market

Highlights

  • 0.26 Acre Lot
  • Covered Patio or Porch
  • Storage Room
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Landscaped with Trees

About This Home

As of January 2022

Well maintained 12 unit mid-town apartment complex. Each unit has an in-unit washer/dryer. Property consists of three 4-plexes on separate tax codes. Perfect for low interest rate 30-year financing. Seller has made capital improvements.

Last Agent to Sell the Property

Manny Bermudez

HomeSmart Advantage Group Listed on: 12/02/2021

Last Buyer's Agent

Marsee Wilhems

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Desert Landscape
  • Shrub
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Primary Bathroom includes a Walk-In Shower
  • 3,047 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Driveway

Schools

  • Rio Vista Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,205 special tax assessment

Community Details

Overview

  • Arizona Acres Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $800
  • Professional Management Expense $2,803
  • Water Sewer Expense $3,400
  • Gross Income $35,280
  • Net Operating Income $26,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: ARIZONA ACRES PT S95'W142.11'LOT 26
  • Attached Detached: Attached
  • List Price per Sq Ft: 150.97
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Vinyl
  • Gross Sq Ft: 3047.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Living Areas: Living Room
  • Laundry: Storage
  • Extra Room: Storage
  • Kitchen Features: Electric Range, Lazy Susan, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Desert Plantings, Shrubs
  • Landscape Rear: Shrubs, Trees
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 12

Utilities

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

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2205.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.26
  • Lot Dimensions: Irregular
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 40.24
  • Lot Sq Ft: 11430.00
  • Lot Sz Sold Prc Sq Ft: 42.87
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1984

Rental Info

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

Tax Info

  • Tax Code: 105-13-090B
  • Taxes: 2218.49
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Rio Vista
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Mar 5, 2022
Sold by
Michael Lawler
Bought by
Calle Arizona Properties Llc
Seller's Agent
Manny Bermudez
HomeSmart Advantage Group
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$460,000
Sold Price
$490,000
Premium/Discount to List
$30,000
6.52%
Current Estimated Value
$553,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,820
Avg. Annual Appreciation
2.59%
Original Mortgage
$367,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 13, 2022
Sold by
410Addi Llc
Bought by
Lawler Michael
Seller's Agent
Manny Bermudez
HomeSmart Advantage Group
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$460,000
Sold Price
$490,000
Premium/Discount to List
$30,000
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2021
Sold by
Macias Adrian and The Macias Family Trust
Bought by
410Addi Llc

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 22, 2016
Sold by
Tucker Anne M and Brunell Bradly Alan
Bought by
Macias Adrian R and Macias Diane O
Seller's Agent
Jade Bossert
Tierra Antigua Realty
Buyer's Agent
Manny Bermudez
Berkshire Hathaway Homeservices Premier Properties
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%
Original Mortgage
$142,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Baker Charles and Baker Charles B
Bought by
Brunell Bradly Alan and Brunell Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,250
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Cook Robert B and Cook Joan M
Bought by
Baker Charles and Baker Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Calle Arizona Properties Llc -- None Listed On Document
Calle Arizona Properties Llc -- None Listed On Document
Calle Arizona Properties Llc -- None Listed On Document
Lawler Michael $490,000 New Title Company Name
Lawler Michael $490,000 New Title Company Name
Lawler Michael $490,000 New Title Company Name
410Addi Llc $550,000 None Available
Macias Adrian R $190,000 Fidelity Natl Title Agency I
Macias Adrian R $190,000 Fidelity Natl Title Agency I
Brunell Bradly Alan $207,500 --
Baker Charles $557,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawler Michael $367,500
Previous Owner Macias Adrian R $142,500
Previous Owner Brunell Bradly Alan $145,250
Previous Owner Baker Charles $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2022 01/19/22 Sold $490,000 +6.5% $161 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $460,000 0.0% $151 / Sq Ft
01/02/2018 01/02/18 Rented $796 0.0% --
12/03/2017 12/03/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $796 0.0% --
08/29/2016 08/29/16 Sold $550,000 0.0% $61 / Sq Ft View Prior Sale
07/30/2016 07/30/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $550,000 -- $61 / 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 $2,451 $20,912 -- --
2025 $2,451 $19,917 -- --
2024 $2,361 $18,968 -- --
2023 $2,289 $18,065 $0 $0
2022 $2,266 $17,205 $0 $0
2021 $2,218 $15,605 $0 $0
2020 $2,205 $16,958 $0 $0
2019 $2,148 $15,045 $0 $0
2018 $2,079 $13,480 $0 $0
2017 $2,141 $13,480 $0 $0
2016 $2,038 $12,838 $0 $0
2015 $1,870 $12,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22130646

MLS of Southern Arizona

APN: 105-13-090B