NOT LISTED FOR SALE

Estimated Value: $164,000 - $186,000

Studio
1 Bath
8,900 Sq Ft
$19/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $405,000 $46 Per Sq Ft

Current estimated payment $949/month

91 Days on Market

About This Home

As of October 2015

10 individual 2 bedroom 890 sqft. Condo units being sold as a package. Great north-central location, EZ to rent units featuring open floor plan with private backyards. Great opportunity for new owner - current expenses at 54.5%, get expenses down to 40% which would give you a 9.3% CAP rate.

Last Agent to Sell the Property

Rocco Racioppo

Keller Williams Southern Arizona Listed on: 06/22/2015

Co-Listed By

Rocco Racioppo

Keller Williams Southern Arizona

Last Buyer's Agent

Joseph Gutierrez

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1982

Lot Details

  • 0.69 Acre Lot

Home Design

  • 8,900 Sq Ft Home
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $6,611 special tax assessment

Community Details

Overview

  • Blacklidge Manor Subdivision

Building Details

  • Fuel Expense $677
  • Insurance Expense $3,277
  • Maintenance Expense $13,346
  • Professional Management Expense $6,422
  • Water Sewer Expense $7,437
  • Gross Income $65,433
  • Net Operating Income $23,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,611

Year Built

Built in 1982

Lot Details

0.69 Acres

Listing Details

  • Property Type: Multi Family
  • Legal Description: Blacklidge Manor units 1-10
  • List Price per Sq Ft: 47.75
  • Unit Info Average Monthly Rent Two Bedroom: 598.00
  • Unit Info Number Of Units2 B R: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 8900.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 895.00
  • Expenses Contract Services: 2990.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 676.84
  • Expenses Maintenance Supplies: 13346.01
  • Expenses Other Expenses: 564.00
  • Expenses Taxes Assessments: 6611.31

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.69
  • Lot Dimensions: irregular
  • Lot Size Price Sq Ft: 14.14
  • Lot Sq Ft: 30059.52
  • Lot Sz Sold Prc Sq Ft: 13.47
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1982

Tax Info

  • Tax Code: 000-00-0000
  • Taxes: 6611.31
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Sep 24, 2015
Sold by
Ozenne Michael Alan
Bought by
Blackledge Thomas Michael
Seller's Agent
Rocco Racioppo
Keller Williams Southern Arizona
Buyer's Agent
Joseph Gutierrez
Ochoa Realty & Property Management
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$173,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$231,688
Avg. Annual Appreciation
-7.85%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Ozenne Michael A
Bought by
Ozenne Michael Alan

Purchase Details

Closed on
Nov 10, 2003
Sold by
Maui & Overseas Investment Co Lp
Bought by
Ozenne Michael
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
Blackledge Thomas Michael $202,500 Stewart Title & Tr Of Tucson
Ozenne Michael Alan -- None Available
Ozenne Michael -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $405,000 0.0% $46 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $405,000 -- $46 / 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 $702 $5,571 -- --
2025 $702 $5,306 -- --
2024 $635 $5,053 -- --
2023 $635 $4,813 $0 $0
2022 $638 $4,584 $0 $0
2021 $635 $4,157 $0 $0
2020 $615 $4,157 $0 $0
2019 $607 $3,959 $0 $0
2018 $624 $3,916 $0 $0
2017 $644 $3,916 $0 $0
2016 $628 $3,764 $0 $0
2015 $608 $3,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21517799

MLS of Southern Arizona

APN: 111-06-4230

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