NOT LISTED FOR SALE

Estimated Value: $220,000 - $319,000

4 Beds
4 Baths
1,702 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $116,000 $68 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,590/month

55 Days on Market

Highlights

  • City View
  • Corner Lot
  • Family Room Off Kitchen
  • Ranch Style House
  • Beamed Ceilings
  • Bathtub with Shower

About This Home

As of June 2018

Great investment opportunity in Central. This 4 plex needs improvements but affords the possibility of increased rents. Close to restaurants, golf course, El Con or shopping and 15-20 drive to airport.

Last Agent to Sell the Property

Richard Kenney

Long Realty Listed on: 04/13/2018

Last Buyer's Agent

Quay Smith

Panda Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,179

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Ranch Style House
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 1,702 Sq Ft Home
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • City Views
  • Gas Range

Parking

  • 4 Parking Spaces
  • No Driveway

Location

  • Ground Level

Schools

  • Dietz Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,178 special tax assessment

Community Details

Overview

  • Bel Air Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Fuel Expense $72
  • Insurance Expense $900
  • Professional Management Expense $1,736
  • Water Sewer Expense $3,489
  • Gross Income $17,363
  • Net Operating Income $7,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,179

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Bel Air Lot 27
  • Attached Detached: Detached
  • List Price per Sq Ft: 67.57
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Exposed Beams
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1702.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Off Kitchen
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Admin Expenses: 33.00
  • Expenses Capital Expenses: 2615.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 72.00
  • Expenses Other Expenses: 269.00
  • Expenses Taxes Assessments: 1178.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 12.57
  • Lot Sq Ft: 9148.00
  • Lot Sz Sold Prc Sq Ft: 12.68
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1952

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 130-12-0280
  • Taxes: 1178.61
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Dietz
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Wheelhouse Holdings Llc
Bought by
Wh 3848 E 32Nd Street Llc
Current Estimated Value
$281,135

Purchase Details

Closed on
Aug 9, 2019
Sold by
Papoutsis Christopher
Bought by
Wheelhouse Holdings Llc

Purchase Details

Closed on
Jun 10, 2019
Sold by
Papo Construction Llc
Bought by
Papoutsis Christopher

Purchase Details

Listed on
Apr 13, 2018
Closed on
Apr 24, 2018
Sold by
Adcock Steven
Bought by
Papo Construction Llc
Seller's Agent
Richard Kenney
Long Realty
Buyer's Agent
Quay Smith
Panda Key Realty
List Price
$116,000
Sold Price
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%
Original Mortgage
$158,900
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 1999
Sold by
Delshockley A
Bought by
Young Gary J

Purchase Details

Closed on
Jan 24, 1996
Sold by
Shockley A Del
Bought by
Branston Joseph W and Branston Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,247
Interest Rate
7.25%
Mortgage Type
Seller Take Back
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
Wh 3848 E 32Nd Street Llc -- None Listed On Document
Wheelhouse Holdings Llc -- Accommodation
Wheelhouse Holdings Llc -- Accommodation
Papoutsis Christopher -- Signature Ttl Agcy Of Az Llc
Papo Construction Llc $116,000 Title Security Agency Llc
Young Gary J $85,000 --
Branston Joseph W $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papo Construction Llc $158,900
Previous Owner Branston Joseph W $57,247
Closed Branston Joseph W $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $116,000 0.0% $68 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $116,000 -- $68 / 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 $1,401 $10,588 -- --
2024 $1,343 $10,083 -- --
2023 $1,268 $9,603 $0 $0
2022 $1,274 $9,146 $0 $0
2021 $1,266 $8,296 $0 $0
2020 $1,228 $10,959 $0 $0
2019 $1,212 $9,430 $0 $0
2018 $1,185 $7,166 $0 $0
2017 $1,179 $7,166 $0 $0
2016 $1,178 $6,825 $0 $0
2015 $1,143 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21810650

MLS of Southern Arizona

APN: 130-12-0280