NOT LISTED FOR SALE

Estimated Value: $232,416 - $312,000

Studio
-- Bath
1,766 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $129,000 $73 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,567/month

16 Days on Market

About This Home

As of May 2014

This is a wonderful investment property, 3 seperate units,all fully rented!! a studio, a 1BR and a 2BR. The 3 units are on a wonderful high exposure lot located on the corner of Stone and King. You will find plenty of room on this 1/2 acre plus property to build extra units for your portfolio.Come check out the possibilities on this property.This property is being sold as-is. Taxes are currently under review.

Last Agent to Sell the Property

Patrick Thurlow

Long Realty Listed on: 05/07/2014

Last Buyer's Agent

Scott Sanson

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,419

Year Built

  • Built in 1942

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 150 x 184

Home Design

  • 1,766 Sq Ft Home
  • Triplex

Utilities

  • Central Air
  • Evaporated cooling system

Community Details

  • Insurance Expense $705
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,320
  • Gross Income $15,620
  • Net Operating Income $11,176

Listing and Financial Details

  • $1,419 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,419

Year Built

Built in 1942

Lot Details

0.63 Acres

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: PASTIME ACRES RESUB LOT 14A EXC E 5.4 & EXC SPNDRL
  • List Price per Sq Ft: 78.71
  • Unit Info Average Monthly Rent One Bedroom: 435.00
  • Unit Info Average Monthly Rent Two Bedroom: 575.00
  • Unit Info Average Monthly Rent Studios: 350.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1766.00

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1000.00
  • Expenses Taxes Assessments: 1419.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.63
  • Lot Dimensions: 150 x 184
  • Lot Size Price Sq Ft: 5.07
  • Lot Sq Ft: 27443.00
  • Lot Sz Sold Prc Sq Ft: 4.70
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1942

Tax Info

  • Tax Code: 106-02-282C
  • Taxes: 1418.94
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Hmc Property Group Llc
Bought by
Momiji Llc
Current Estimated Value
$278,139

Purchase Details

Listed on
May 7, 2014
Closed on
May 26, 2014
Sold by
Gay Margaret Q and Hewitt John D
Bought by
Hmc Property Group Llc
Seller's Agent
Patrick Thurlow
Long Realty
Buyer's Agent
Scott Sanson
Long Realty Company
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Sep 2, 2008
Sold by
Omalley Robert
Bought by
Gay Margaret Q and Hewitt John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.59%
Mortgage Type
Seller Take Back
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
Momiji Llc $128,500 Title Security Agency Llc
Hmc Property Group Llc $129,000 Long Title Agency Inc
Gay Margaret Q $100,000 Title Security Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gay Margaret Q $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $129,000 0.0% $73 / Sq Ft
05/07/2014 05/07/14 For Sale $129,000 -- $73 / 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 $1,664 $14,200 -- --
2025 $1,664 $13,524 -- --
2024 $1,554 $12,880 -- --
2023 $1,554 $12,266 $0 $0
2022 $1,539 $11,682 $0 $0
2021 $1,506 $10,596 $0 $0
2020 $1,497 $10,596 $0 $0
2019 $1,673 $18,423 $0 $0
2018 $1,619 $10,500 $0 $0
2017 $1,591 $10,500 $0 $0
2016 $1,528 $10,000 $0 $0
2015 $1,530 $10,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21413230

MLS of Southern Arizona

APN: 106-02-282C

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