NOT LISTED FOR SALE

Estimated Value: $653,000 - $797,000

11 Beds
8 Baths
4,024 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $655,000 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,399/month

254 Days on Market

Highlights

  • Mountain View
  • Great Room
  • Bathtub with Shower
  • Contemporary Architecture
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of July 2022

Brand NEW ROOF completed 5/11! 4 Plex contains 3 - 3bed/2bath & 1- 2bed/2bath. Recent exterior paint this 4 plex is ready for an investor or someone who may want to house-hack and live in one unit and rent the rest! Current leases in place. Rents are low and ready for improvement. Shown with accepted offer only, do not disturb tenants!

Last Agent to Sell the Property

Kaukaha Watanabe

eXp Realty Listed on: 10/25/2021

eXp Realty

Co-Listed By

Scott Melde

eXp Realty

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 74x171x78x172
  • Block Wall Fence
  • Back and Front Yard

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 4,024 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Driveway

Location

  • Ground Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Palo Verde Addition Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $375
  • Water Sewer Expense $300
  • Gross Income $3,765
  • Net Operating Income $2,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,083

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Pre-Wired Tele Lines
  • Accessibility Options: None
  • Legal Description: Palo Verde Amended Ptn Of S184.5' Of E168.52' Of Lot 9 Exc Alley & Exc S15' & Exc E81.8' Thereof Blk 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 159.05
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 4024.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Electric Range
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Stucco Finish
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 5

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 100.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.27
  • Lot Dimensions: 74x171x78x172
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 53.62
  • Lot Sq Ft: 11935.00
  • Lot Sz Sold Prc Sq Ft: 54.88
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1979

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: 122-15-407B
  • Taxes: 3083.06
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2008
Sold by
Eldridge William B and Eldridge Elizabeth Z
Bought by
Murphy Thomas R
Current Estimated Value
$738,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,850
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2004
Sold by
Wharton Lawrence E and Brown Eleanor M
Bought by
Eldridge William B and Eldridge Elizabeth Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1999
Sold by
Markert Benjamin G
Bought by
Wharton Lawrence E and Brown Eleanor M

Purchase Details

Closed on
Feb 8, 1999
Sold by
Rhodes Robert R and Rhodes Irene J
Bought by
Markert Benjamin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Murphy Thomas R $376,000 Longt
Murphy Thomas R $376,000 Longt
Eldridge William B $340,000 Long Title
Wharton Lawrence E $258,000 Title Security Agency
Markert Benjamin G $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Thomas R $426,383
Closed Murphy Thomas R $408,035
Closed Murphy Thomas R $358,202
Closed Murphy Thomas R $373,850
Previous Owner Eldridge William B $190,000
Previous Owner Markert Benjamin G $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $655,000 +2.3% $163 / Sq Ft
05/11/2022 05/11/22 Price Changed $640,000 +1.6% $159 / Sq Ft
03/11/2022 03/11/22 For Sale $630,000 0.0% $157 / Sq Ft
03/11/2022 03/11/22 Price Changed $630,000 -3.8% $157 / Sq Ft
12/10/2021 12/10/21 Off Market $655,000 -- --
10/25/2021 10/25/21 For Sale $600,000 0.0% $149 / Sq Ft
05/26/2015 05/26/15 Rented $700 0.0% --
04/26/2015 04/26/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $700 -6.7% --
08/01/2013 08/01/13 Rented $750 0.0% --
07/02/2013 07/02/13 Under Contract -- -- --
06/06/2013 06/06/13 For Rent $750 -- --
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

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
2024 $3,389 $28,892 -- --
2023 $3,201 $27,516 $0 $0
2022 $3,201 $26,205 $0 $0
2021 $3,212 $23,769 $0 $0
2020 $3,083 $23,852 $0 $0
2019 $2,994 $23,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22127552

MLS of Southern Arizona

APN: 122-15-407B