NOT LISTED FOR SALE

Estimated Value: $357,000 - $403,000

-- Bed
-- Bath
2,170 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $65,000 $30 Per Sq Ft

Est. 473% increase in value since last sale

Current estimated payment $2,125/month

24 Days on Market

About This Home

As of April 2012

Wow! Seller says: ''Bring Cash Offer!'' Classic, red brick, money maker. Good sized, 2 bedroom units will rent like hot cakes. Great central location, convenient to everything. Laundry hookups inside each unit. Only a little cosmetics needed, if anything at all. Go-check it out! Seller never resided at nor managed subject and has no information on conditions, rents or financials. No SPDS, no CLUE, special addenda required. Bank of America Home Loans Prequalification required on all offers.

Last Agent to Sell the Property

Malissa Thum

Tucson Real Estate Resource Listed on: 02/01/2012

Co-Listed By

Edward Thum

Tucson Real Estate Resource

Last Buyer's Agent

Cynthia Gandy

Tierra Antigua Realty License #SA535259000

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,100 Sq Ft Lot
  • Lot Dimensions are 70 x 130

Home Design

  • 2,170 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Community Details

  • Speedway Addition Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: SPEEDWAY PARK RESUB OF LOTS 1 2 & 3 BLK 3 LOT 2
  • List Price per Sq Ft: 29.95
  • Unit Info Number Of Units2 B R: 2
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2170.00

Exterior Features

  • Construction: Brick

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.20
  • Lot Dimensions: 70 x 130
  • Lot Size Price Sq Ft: 7.14
  • Lot Sq Ft: 9100.00
  • Lot Sz Sold Prc Sq Ft: 7.14
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1947

Tax Info

  • Tax Code: 122-18-2820
  • Taxes: 1768.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 30, 2012
Sold by
Pipkin Lorraine Lynn
Bought by
Knochel Paul
Seller's Agent
Malissa Thum
Tucson Real Estate Resource
Buyer's Agent
Cynthia Gandy
Tierra Antigua Realty
List Price
$109,000
Sold Price
$65,000
Premium/Discount to List
-$44,000
-40.37%
Current Estimated Value
$372,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,362
Avg. Annual Appreciation
13.56%

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 13, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Knochel Paul
Seller's Agent
Malissa Thum
Tucson Real Estate Resource
Buyer's Agent
Cynthia Gandy
Tierra Antigua Realty
List Price
$109,000
Sold Price
$65,000
Premium/Discount to List
-$44,000
-40.37%

Purchase Details

Closed on
Oct 11, 2011
Sold by
Ross Carolyn C
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jan 6, 2005
Sold by
Yeung Ben Hat Kong and Yeung May Yeat
Bought by
Ross Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,050
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Knochel Paul -- Tfnti
Knochel Paul $65,000 Tfnti
Wells Fargo Bank National Association $88,650 Tfnti
Ross Carolyn C $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Carolyn C $148,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2012 04/03/12 Sold $65,000 -40.4% $30 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $109,000 -- $50 / 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 $2,163 $16,354 -- --
2024 $1,956 $15,576 -- --
2023 $1,956 $14,834 -- --
2022 $1,968 $14,128 $0 $0
2021 $1,956 $12,814 $0 $0
2020 $1,897 $15,991 $0 $0
2019 $1,872 $15,145 $0 $0
2018 $1,831 $11,069 $0 $0
2017 $1,820 $11,069 $0 $0
2016 $1,787 $10,542 $0 $0
2015 $1,733 $10,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21203010

MLS of Southern Arizona

APN: 122-18-2820