NOT LISTED FOR SALE
Studio
-- Bath
4,381 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: September 21, 2017

Last sale price $270,000 $62 Per Sq Ft

156 Days on Market

About This Home

As of September 2017

Great investment opportunity. 5 2/1 units and 1 3/1 on large lot. Each 2br unit is evaporatively cooled and has small back yard. The 3br has a larger yard. Two of the roofs have been replaced in the past year. 4 units are ceramic tiled for ease of maintenance and all have central gas forced air furnaces and gas hot water. Professionally managed with proforma showing stabilized rents.

Last Agent to Sell the Property

Glenn Bancroft

Bancroft & Associates Listed on: 04/18/2017

Co-Listed By

Sterling Bancroft

Bancroft & Associates License #BR632059000

Last Buyer's Agent

Jake Arnold

Keller Williams Southern Arizona

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1963

Lot Details

  • 18,000 Sq Ft Lot
  • Lot Dimensions are 60 x 300

Home Design

  • 4,381 Sq Ft Home
  • Concrete Block And Stucco Construction

Utilities

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

Listing and Financial Details

  • $3,801 special tax assessment

Community Details

Overview

  • Speedway Park Subdivision

Building Details

  • Fuel Expense $401
  • Insurance Expense $1,800
  • Professional Management Expense $3,898
  • Water Sewer Expense $4,245
  • Gross Income $42,286
  • Net Operating Income $19,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,801

Year Built

Built in 1963

Lot Details

0.41 Acres

Listing Details

  • Property Type: Multi Family
  • Legal Description: E2 Lot 11, Block 1, Speedway Park
  • List Price per Sq Ft: 67.34
  • Unit Info Average Monthly Rent Two Bedroom: 545.00
  • Unit Info Average Monthly Rent Three Bedroom: 695.00
  • Unit Info Number Of Units2 B R: 5
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4381.00

Exterior Features

  • Construction: Concrete Block

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 Admin Expenses: 180.00
  • Expenses Capital Expenses: 6200.00
  • Expenses Contract Services: 2056.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 401.00
  • Expenses Taxes Assessments: 3801.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.41
  • Lot Dimensions: 60 x 300
  • Lot Size Price Sq Ft: 16.39
  • Lot Sq Ft: 18000.00
  • Lot Sz Sold Prc Sq Ft: 15.00
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1963

Tax Info

  • Tax Code: 122-18-0420
  • Taxes: 3801.10
  • Tax Year: 2016

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

Closed on
Apr 27, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2023
Sold by
Bought by

Purchase Details

Listed on
Apr 18, 2017
Closed on
Sep 15, 2017
Sold by
Bought by
Seller's Agent
Glenn Bancroft
Bancroft & Associates
Buyer's Agent
Jake Arnold
Keller Williams Southern Arizona
List Price
$270,000
Sold Price
$270,000

Purchase Details

Closed on
Sep 11, 2008
Sold by
Bought by

Purchase Details

Closed on
May 5, 2003
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
$92,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 1996
Sold by
Bought by

Purchase Details

Closed on
May 23, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$895,000 Premier Title
$895,000 Premier Title
$270,000 Stewart Title & Tr Of Tucson
-- None Available
$293,500 --
$195,000 --
$195,000 Fidelity National Title
$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
Previous Owner $300,000
Previous Owner $92,000
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
09/21/2017 09/21/17 Sold $270,000 0.0% $62 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $270,000 -- $62 / 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 $4,044 $32,103
2025 $4,044 $30,574
2024 $3,661 $29,119
2023 $3,661 $27,732 $0 $0
2022 $3,679 $26,411 $0 $0
2021 $3,657 $23,956 $0 $0
2020 $3,546 $23,974 $0 $0
2019 $3,499 $22,815 $0 $0
2018 $3,594 $22,474 $0 $0
2017 $3,696 $22,474 $0 $0
2016 $3,801 $22,474 $0 $0
2015 $3,868 $22,474 $0 $0
Source: Public Records

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Map

Source: MLS of Southern Arizona

MLS Number: 21710672

MLS of Southern Arizona
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