NOT LISTED FOR SALE

Estimated Value: $551,912

11 Beds
-- Bath
4,024 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2022

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

Est. 16% decrease in value since last sale

Current estimated payment $3,263 / mo

254 Days on Market

Highlights

  • Mountain View
  • Secondary bathroom tub or shower combo
  • No HOA
  • Contemporary Architecture
  • Great Room
  • Eat-In Kitchen

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

Real Broker License #SA584368000 Listed on: 05/11/2022

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 53 Sq Ft Lot
  • Lot Dimensions are 74x171x78x172
  • Stucco Fence

Home Design

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

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 4,024 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Area
  • 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
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $375
  • Water Sewer Expense $300
  • Operating Expense $775
  • Gross Income $3,765
  • Net Operating Income $2,990

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

53 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • LotSizeAcres: 0.27
  • Lot Size: 74x171x78x172
  • Road Surface Type: Paved
  • CapRate: 0.46
  • Professional Management Expense: 375.0
  • Supplies Expense: 100.0
  • Co List Office Mls Id: 495203
  • Co List Office Phone: 888-897-7821
  • Co List Office Mls Id: 495203
  • Subdivision Name: Palo Verde Addition
  • Location Tax Legal: Tax Year: 2020
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Quadruplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: 74x171x78x172
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Blenman
  • General Property Information: Middle School: Doolen
  • General Property Information: High School: Catalina
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 159.05
  • General Property Information: Lot Size Price/SqFt: 53.62
  • Construction: Frame - Stucco: Yes
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Main Heating: Forced Air: Yes
  • Association Fees: HOA: No
  • Driveway: Paved: Asphalt
  • Subdivision Restrict: CC&Rs: Yes
  • View: Mountains: Yes
  • Main Heating: Electric: Yes
  • Fence: Stucco Finish: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Technology: Pre-Wired Tele Lines: Yes
  • Water Heater: Electric: Yes
  • Breakfast: Eat-In: Yes
  • Living Areas: Great Room: Yes
  • Style: Contemporary: Yes
  • Unit 3 Information: Stories: Single
  • Unit 4 Information: Stories: Single
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Electric Range
  • Floor Covering: Ceramic Tile: Yes
  • Floor Covering: Carpet: Yes
  • Kitchen Features: Electric Range: Yes
  • Laundry: None: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Dining Room: Area: Yes
  • Bathroom Features: Shower & Tub/Hall: Yes
  • Dining Areas: Eat-In Kitchen: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 3 Information: Furnished: No
  • Unit 4 Information: Floor: 1st
  • Unit 4 Information: Furnished: No

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up, Shingle
  • View: Mountain(s)
  • Construction Type: Frame - Stucco
  • Patio And Porch Features: None
  • Roof: Built-Up: Yes
  • Roof: Shingle: Yes

Garage/Parking

  • General Property Information: Total Parking: 5
  • Unit 2 Information: Parking: On Property
  • Unit 3 Information: Parking: On Property
  • Unit 4 Information: Parking: On Property

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Pre-Wired Tele Lines
  • Laundry Features: None
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: None: Yes

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 100.0
  • Annual Water Sewer Expense: 300.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Subdivided
  • Lot Size Sq Ft: 53.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1979

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3765.0
  • Property Net Operating Income: 2990.0
  • Annual Operating Expense: 775.0

MLS Schools

  • Elementary School: Blenman
  • High School: Catalina

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Kaukaha Watanabe
Real Broker
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$630,000
Sold Price
$655,000
Premium/Discount to List
$25,000
3.97%
Current Estimated Value
$551,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,088
Avg. Annual Appreciation
-4.11%
Original Mortgage
$491,250
Outstanding Balance
$460,470
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$91,442

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 17, 2022
Sold by
Bought by
Seller's Agent
Kaukaha Watanabe
Real Broker
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$630,000
Sold Price
$655,000
Premium/Discount to List
$25,000
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Outstanding Balance
$460,470
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$91,442

Purchase Details

Closed on
Jan 29, 2008
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Feb 8, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Integrity Title Company
$655,000 First Integrity Title Company
$376,000 Longt
$340,000 Long Title
$258,000 Title Security Agency
$200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $491,250
Previous Owner $408,035
Previous Owner $358,202
Previous Owner $373,850
Previous Owner $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,013 $31,853
2025 $4,013 $30,336
2024 $3,389 $28,892
2023 $3,177 $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

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Map

Source: MLS of Southern Arizona

MLS Number: 22127552

MLS of Southern Arizona

APN: 122-15-407B

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