NOT LISTED FOR SALE

Estimated Value: $495,000 - $799,000

8 Beds
4 Baths
3,248 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2021

Last sale price $460,000 $142 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,587 / mo

100 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Double Pane Windows
  • Secondary bathroom tub or shower combo
  • Breakfast Area or Nook
  • Brick or Stone Mason

About This Home

As of August 2021

This fourplex is conveniently located in central Tucson. Property has four renovated, 2 bedroom/1 bath units, each with its own interior laundry room that includes washer and dryer. Units are fully air conditioned, single story with low-e windows and masonry stucco construction. Spacious kitchen and ceramic tile floors complete the interiors. Additionally, two units have walk in showers and two units have tub/showers. Low maintenance landscaping with
irrigation and timer in place. Long term tenants, with average being 4 years and one being there almost 10 years! Great opportunity for investors.

Last Agent to Sell the Property

Bradley Wachs

Long Realty Brokerage Email: bradw@longrealty.com Listed on: 06/26/2021

Long Realty

Last Buyer's Agent

Angela Schmidt

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 31 Sq Ft Lot
  • Lot Dimensions are 60x240x60x240
  • East or West Exposure

Home Design

  • Ranch Style House
  • Bungalow
  • Quadruplex
  • Brick or Stone Mason
  • Built-Up Roof
  • Stucco
  • Lead Paint Disclosure

Interior Spaces

  • 3,248 Sq Ft Home
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Ceramic Tile Flooring
  • Security Lights
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 8 Parking Spaces
  • Driveway

Location

  • Ground Level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $3,056 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Fuel Expense $240
  • Professional Management Expense $3,024
  • Water Sewer Expense $3,000
  • New Taxes Expense $3,056
  • Operating Expense $9,320
  • Gross Income $30,240
  • Net Operating Income $20,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

31 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent Two Bedroom: 630.0
  • Attribution Contact: bradw@longrealty.com
  • Horses: No
  • LotSizeAcres: 0.33
  • Lot Size: 60x240x60x240
  • Road Surface Type: Paved
  • CapRate: 4.55
  • Professional Management Expense: 3024.0
  • Co List Office Mls Id: 16706
  • Subdivision Name: Speedway Park
  • 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: 60x240x60x240
  • 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: 138.55
  • General Property Information: Lot Size Price/SqFt: 31.25
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Association Fees: HOA: No
  • Driveway: Paved: Concrete
  • Subdivision Restrict: CC&Rs: No
  • Construction: Brick: Yes
  • Main Heating: Heat Pump: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • Style: Bungalow: Yes
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Technology: Cable TV: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: No
  • Construction: Stucco Finish: Yes
  • Security: Security Lights: Yes
  • Water Heater: Electric: Yes
  • Style: Ranch: Yes
  • Breakfast: Area: Yes
  • Lot Features: East/West Exposure: Yes
  • Unit 3 Information: Stories: Single
  • Unit 4 Information: Stories: Single
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Dishwasher, Refrigerator
  • Window Features: Double Pane Windows
  • Laundry: Laundry Room: Yes
  • Floor Covering: Ceramic Tile: Yes
  • Dining Areas: Breakfast Nook: Yes
  • Kitchen Features: Electric Range: Yes
  • Window Covering: Some: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Kitchen Features: Microwave: Vent
  • Bathroom Features: Shower & Tub/Hall: Yes
  • Window Features: Double Pane Windows: Yes
  • Dining Areas: Eat-In Kitchen: Yes
  • Kitchen Features: Dishwasher: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 3 Information: Floor: 1st
  • Unit 3 Information: Furnished: No
  • Unit 4 Information: Floor: 1st
  • Unit 4 Information: Furnished: No
  • Living Areas: Family Room: Yes
  • Bathroom Features: Shower Only/Hall: Yes

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: None
  • Construction Type: Brick, Stucco Finish
  • Patio And Porch Features: None
  • Roof: Built-Up: Yes

Garage/Parking

  • General Property Information: Total Parking: 8
  • 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
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: None: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 240.0
  • Expenses Taxes Assessments: 3055.69
  • Annual Water Sewer Expense: 3000.0

Schools

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

Lot Info

  • Lot Features: East/West Exposure
  • Lot Size Sq Ft: 31.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1971

Rental Info

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

Tax Info

  • Tax Year: 2020
  • New Taxes Expense: 3055.69

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30240.0
  • Property Net Operating Income: 20920.3
  • Annual Operating Expense: 9319.69

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
Jun 26, 2021
Closed on
Aug 9, 2021
Sold by
Bought by
Seller's Agent
Bradley Wachs
Long Realty
Buyer's Agent
Angela Schmidt
Tierra Antigua Realty
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$600,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,401
Avg. Annual Appreciation
5.49%
Original Mortgage
$322,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
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
$143,000
Interest Rate
0.0502%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 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
$152,500
Interest Rate
0.0592%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 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
$152,500
Interest Rate
0.0592%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1999
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
$112,000
Interest Rate
0.0763%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1999
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
$112,000
Interest Rate
0.0763%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$460,000 Premier Title Agency
$193,000 Fidelity National Title
$272,348 Tfnti
-- --
$252,500 Long Title Agency
$166,250 --
$166,250 --
$137,500 --
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 $322,000
Previous Owner $143,000
Previous Owner $152,500
Previous Owner $112,000
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
08/12/2021 08/12/21 Sold $460,000 0.0% $142 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $460,000 -- $142 / Sq Ft
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 $3,485 $27,664
2025 $3,485 $26,347
2024 $3,152 $25,092
2023 $3,152 $23,897
2022 $3,170 $22,759 $0 $0
2021 $3,152 $20,643 $0 $0
2020 $3,056 $22,465 $0 $0
2019 $3,015 $22,643 $0 $0
2018 $2,949 $17,833 $0 $0
2017 $2,933 $17,833 $0 $0
2016 $2,868 $16,983 $0 $0
2015 $2,781 $16,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22111493

MLS of Southern Arizona

APN: 122-18-088C

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