NOT LISTED FOR SALE

Estimated Value: $541,000 - $652,000

-- Bed
4 Baths
3,449 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $484,500 $140 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,284/month

77 Days on Market

Highlights

  • 0.47 Acre Lot
  • Ranch Style House
  • No HOA
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Cul-De-Sac

About This Home

As of December 2022

Take a look at this unique Flowing Wells property! 4 plex addresses are 3669, 3675, 3681, 3687. Excellent investment opportunity with 100% occupancy! This fantastic cul-de-sac 4-plex with a beautiful mountain view is the one! Each unit has it's own yard, one covered parking spot and one off-street parking spot. Unit 3669 includes an oversized yard space. All appliances included. All the units are of comparable size and have separately metered gas and electric service. Solid construction and block interior walls for privacy. Make an appointment to see this rare value today!

Last Agent to Sell the Property

Anthony Boatner

Keller Williams Southern Arizona License #SA546201000 Listed on: 09/01/2022

Keller Williams Southern Arizona

Last Buyer's Agent

Daniel Caldwell

Keller Williams Southern Arizona License #BR638184000

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Property fronts an alley
  • Cul-De-Sac
  • East or West Exposure
  • Wood Fence
  • Landscaped with Trees
  • Grass Covered Lot

Home Design

  • Ranch Style House
  • Quadruplex
  • Built-Up Roof
  • Adobe
  • Lead Paint Disclosure

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 3,449 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Built-In Microwave
  • Laminate Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Schools

  • Nash Elementary School
  • La Cima Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $2,456 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,429
  • Water Sewer Expense $2,419
  • New Taxes Expense $2,456
  • Operating Expense $7,304
  • Gross Income $37,200
  • Net Operating Income $29,896

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 6.17
  • Co List Office Mls Id: 478313
  • Subdivision Name: Vista Del Norte
  • General Property Information: List Price/SqFt: 144.94
  • General Property Information: Lot Size Price/SqFt: 24.47
  • Special Features: None

Interior Features

  • Kitchen Features Countertops: Laminate
  • Kitchen Features Pantry: Cabinet
  • Kitchen Features Oven: 1
  • Interior Steps: No
  • Appliances: Disposal, Electric Range

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: Residential, Mountain(s)
  • Construction Type: Burnt Adobe
  • Patio And Porch Features: Patio

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: Dryer Included, Washer Included
  • Cooling: Ceiling Fan(s), Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2456.0
  • Annual Water Sewer Expense: 2419.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: La Cima

Lot Info

  • Lot Features: Adjacent to Alley, East/West Exposure, Cul-De-Sac
  • Lot Size Sq Ft: 24.0
  • Zoning: Tucson - R1

Building Info

  • Year Built: 1960

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2021
  • New Taxes Expense: 2456.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 37200.0
  • Insurance Expense: 2429.0
  • Property Net Operating Income: 29896.0
  • Annual Operating Expense: 7304.0

MLS Schools

  • Elementary School: Nash
  • High School: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 28, 2022
Sold by
St Germaine Robert E
Bought by
Vicky R Norwood Trust
Seller's Agent
Anthony Boatner
Keller Williams Southern Arizona
Buyer's Agent
Daniel Caldwell
Keller Williams Southern Arizona
List Price
$540,000
Sold Price
$484,500
Premium/Discount to List
-$55,500
-10.28%
Views
12
Current Estimated Value
$577,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,470
Avg. Annual Appreciation
6.10%
Original Mortgage
$363,375
Outstanding Balance
$351,388
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$226,582

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 20, 2022
Sold by
St Germaine Robert E and Candela Linda Joy
Bought by
Vicky R Norwood Trust and Norwood
Seller's Agent
Anthony Boatner
Keller Williams Southern Arizona
Buyer's Agent
Daniel Caldwell
Keller Williams Southern Arizona
List Price
$540,000
Sold Price
$484,500
Premium/Discount to List
-$55,500
-10.28%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Outstanding Balance
$351,388
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$226,582

Purchase Details

Closed on
Feb 23, 2011
Sold by
St Germaine Robert E and Harloff Lydia
Bought by
St Germaine Robert E and Harloff Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,788
Interest Rate
4.67%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bailey Laura J
Bought by
St Germaine Robert E and Harloff Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,630
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Harloff George R
Bought by
Harloff Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,630
Interest Rate
6.35%
Mortgage Type
New Conventional
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
Vicky R Norwood Trust $484,500 Pioneer Title
Vicky R Norwood Trust $484,500 Pioneer Title
St Germaine Robert E -- Tfati
St Germaine Robert E $354,500 Ttise
Harloff Lydia -- Ttise
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicky R Norwood Trust $363,375
Closed Vicky R Norwood Trust $363,375
Previous Owner St Germaine Robert E $319,788
Previous Owner St Germaine Robert E $334,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $484,500 -3.1% $140 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $499,900 -5.7% $145 / Sq Ft
09/21/2022 09/21/22 Price Changed $530,000 -1.9% $154 / Sq Ft
09/01/2022 09/01/22 For Sale $540,000 -- $157 / 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 $2,963 $23,964 -- --
2024 $2,352 $22,823 -- --
2023 $2,352 $21,736 -- --
2022 $2,385 $20,701 $0 $0
2021 $2,352 $18,777 $0 $0
2020 $2,339 $21,709 $0 $0
2019 $2,277 $19,260 $0 $0
2018 $2,197 $16,220 $0 $0
2017 $2,160 $16,220 $0 $0
2016 $2,296 $15,448 $0 $0
2015 $2,229 $14,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22222954

MLS of Southern Arizona

APN: 106-06-3400