NOT LISTED FOR SALE

Estimated Value: $254,000 - $278,000

3 Beds
2 Baths
1,283 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $205,000 $160 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,550/month

48 Days on Market

Highlights

  • 0.28 Acre Lot
  • Terracotta or Satillo Flooring
  • Family Room Off Kitchen
  • Davidson Elementary School Rated 9+
  • Covered Patio or Porch
  • Bungalow

About This Home

As of June 2021

Do Not Disturb Tenants - Great Opportunity. This property consists of Two Separate homes, One built in 1946 and the other in 1957. Front home features 2 bedrooms, 1 Bath, Saltillo tile and A/C. updated electrics, Mud room, Back patio with laundry connection. Back Home is 1 Bedroom, 1 Bathroom, Saltillo Tile A/C and has had substantial upgrades. Units currently rented below current rent values. Front tenant month to month, Back tenant on Lease. Currently Property has organic garden between units. Opportunity for small improvements to increase current rents at minimal expense. This is a fantastic opportunity for immediate income.

Last Agent to Sell the Property

Eric Seger

Seger and Associates Listed on: 04/16/2021

Last Buyer's Agent

Robert Prieto

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x200
  • Dirt Road
  • Chain Link Fence
  • Desert Landscape
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Built-Up Roof

Interior Spaces

  • 1,283 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Flooring

  • Carpet
  • Terracotta

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Driveway

Schools

  • Davidson Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,165 special tax assessment

Community Details

Overview

  • Farmington Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $830
  • Maintenance Expense $699
  • Water Sewer Expense $2,025
  • Gross Income $18,000
  • Net Operating Income $13,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Farmington E80' Lot 2 Blk 10 S 100'
  • Attached Detached: Detached
  • List Price per Sq Ft: 171.47
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Some
  • Floor Covering: Carpet, Mexican Tile
  • Gross Sq Ft: 1283.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Off Kitchen
  • Laundry: Dryer Included, Outside, Washer Included
  • Extra Room Other: Mud Room
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Other
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Desert Plantings, Low Care
  • Landscape Rear: Desert Plantings, Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • 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: 699.00
  • Expenses Taxes Assessments: 1165.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: 60x200
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 18.04
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 16.81
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1946

Rental Info

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

Tax Info

  • Tax Code: 111-05-1730
  • Taxes: 1173.40
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 17, 2021
Sold by
Graham Jean and Arizona Sunshine Enterprize A
Bought by
Fries Craig
Seller's Agent
Eric Seger
Seger and Associates
Buyer's Agent
Robert Prieto
eXp Realty
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$267,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,229
Avg. Annual Appreciation
6.36%
Original Mortgage
$164,168
Outstanding Balance
$148,634
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$118,595

Purchase Details

Listed on
May 6, 2014
Closed on
Jun 6, 2014
Sold by
Benna Gary W and Levine Lori E
Bought by
Arizona Sunshine Enterprize
Seller's Agent
Patricia Paul
Patricia Paul Properties
Buyer's Agent
Fred Seger
Seger and Associates
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$90,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Gephart Bradley N and Gephart Lisa M
Bought by
35Th Street Property Llc

Purchase Details

Closed on
Aug 19, 2003
Sold by
Levine Lori E
Bought by
Benna Gary W and Levine Lori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 1997
Sold by
Sprung Fred Russell
Bought by
Levine Lori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,350
Interest Rate
7.44%
Mortgage Type
Trade

Purchase Details

Closed on
Aug 20, 1997
Sold by
Sprung Charles R
Bought by
Sprung Fred Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,350
Interest Rate
7.44%
Mortgage Type
Trade
Source: Public Records

Range of Values:

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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
Fries Craig $205,210 Catalina Title Agency
Arizona Sunshine Enterprize $115,000 First American Title Ins Co
Arizona Sunshine Enterprize $115,000 First American Title Ins Co
35Th Street Property Llc -- Fidelity National Title
Benna Gary W -- --
Benna Gary W -- --
Levine Lori E $64,208 --
Sprung Fred Russell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fries Craig $164,168
Previous Owner Arizona Sunshine Enterprize $90,000
Previous Owner Benna Gary W $54,000
Previous Owner Levine Lori E $51,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $205,000 0.0% $160 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $205,000 +78.3% $160 / Sq Ft
06/09/2014 06/09/14 Sold $115,000 0.0% $90 / Sq Ft View Prior Sale
05/10/2014 05/10/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $115,000 -- $90 / Sq Ft
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
2025 $1,522 $13,620 -- --
2024 $1,522 $12,972 -- --
2023 $1,201 $7,194 $0 $0
2022 $1,201 $8,621 $0 $0
2021 $1,194 $7,927 $0 $0
2020 $1,173 $7,927 $0 $0
2019 $1,158 $7,549 $0 $0
2018 $1,189 $7,292 $0 $0
2017 $1,199 $7,292 $0 $0
2016 $1,158 $6,945 $0 $0
2015 $1,122 $6,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22109815

MLS of Southern Arizona

APN: 111-05-1730