$110,000
SOLD NOV 5, 2012

3931 E Paseo Dorado Tucson, AZ 85711

-- Bed
-- Bath
1,810 Sq Ft
7,928 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

27% Below List Price

112 Days on Market

About This Home

As of April 2020

Back on the market at a major reduced price! This four unit investment opportunity in desireable San Gabriel is near schools (Lineweaver, U of A), bus lines, bike paths, Reid Park golf/tennis and jogging trail, shopping, you name it. Front house has two bedrooms, one bath, A/C; back three are studios also with A/C. Great cap rate / return on investment! OR live in the front house, rent the other units to pay the mortgage. Hurry at this price!

Last Agent to Sell the Property

Helen Curtis

Keller Williams Southern Arizona Listed on: 07/09/2012

Co-Listed By

Judd Curtis

Keller Williams Southern Arizona

Last Buyer's Agent

Fred Seger

Seger and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1946

Lot Details

  • 7,928 Sq Ft Lot
  • Lot Dimensions are 54 x 139.97

Home Design

  • 1,810 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $1,400 special tax assessment

Community Details

Overview

  • San Gabriel Subdivision

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Gross Income $22,825
  • Net Operating Income $16,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,484

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: San Gabriel, E 54' of Lot 11, Block 9
  • List Price per Sq Ft: 66.30
  • Unit Info Average Monthly Rent Two Bedroom: 725.00
  • Unit Info Average Monthly Rent Studios: 450.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1810.00
  • Interior Steps: No

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: No

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3000.00
  • Expenses Maintenance Supplies: 600.00
  • Expenses Taxes Assessments: 1400.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.18
  • Lot Dimensions: 54 X 139.97
  • Lot Size Price Sq Ft: 15.14
  • Lot Sq Ft: 7928.00
  • Lot Sz Sold Prc Sq Ft: 13.87
  • Municipality Zoning: Tucson - R1

Building Info

  • Year Built: 1946

Tax Info

  • Tax Code: 126-17-1350
  • Taxes: 1483.98
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Apr 2, 2020
Sold by
Conkey Thomas and Conkey Shirley
Bought by
Conkey Thomas and Conkey Shirley
Seller's Agent
Jared English
Congress Realty
Buyer's Agent
Tom Campbell
Long Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$403,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,228
Avg. Annual Appreciation
7.36%
Original Mortgage
$145,000
Outstanding Balance
$128,731
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Estimated Equity
$274,497

Purchase Details

Listed on
Oct 30, 2019
Closed on
Mar 26, 2020
Sold by
Hinkens Anthony M
Bought by
Thomas Conkey and Thomas Shirley Conkey
Seller's Agent
Jared English
Congress Realty
Buyer's Agent
Tom Campbell
Long Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$128,731
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Estimated Equity
$274,497

Purchase Details

Closed on
Aug 8, 2019
Sold by
Paseo Dorado Apartments Llc
Bought by
Hinkens Anthony M

Purchase Details

Listed on
Jun 28, 2017
Closed on
Nov 16, 2017
Sold by
Hinkens Anthony
Bought by
Paseo Dorado Apartments Llc
Seller's Agent
Richard Spreiser
Realty Executives Arizona Territory
Buyer's Agent
Richard Spreiser
Spreiser Realty, LLC
List Price
$313,500
Sold Price
$313,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Listed on
Jul 9, 2012
Closed on
Nov 1, 2012
Sold by
Olson Russell and Olson Jean
Bought by
Hinkens Anthony
Seller's Agent
Helen Curtis
Keller Williams Southern Arizona
Buyer's Agent
Fred Seger
Seger and Associates
List Price
$149,900
Sold Price
$110,000
Premium/Discount to List
-$39,900
-26.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.10%

Purchase Details

Closed on
Jul 11, 2012
Sold by
Larson Tina
Bought by
Olson Russell and Olson Jean

Purchase Details

Closed on
Jun 19, 2012
Sold by
Olson Russell and Olson Jean
Bought by
Larson Tina
Source: Public Records

Similar Home in the area

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    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft

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    Armando Rios HomeSmart Advantage Group

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Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $275,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $247,775 Fidelity Natl Ttl Agcy Inc
Warranty Deed $313,500 Fidelity National Title Agen
Warranty Deed $313,500 Fidelity National Title Agen
Cash Sale Deed $110,000 Title Security Agency Of Az
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Seller Take Back
Previous Owner $55,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $275,000 0.0% $152 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $275,000 -12.3% $152 / Sq Ft
11/17/2017 11/17/17 Sold $313,500 0.0% $173 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $313,500 0.0% $173 / Sq Ft
01/18/2013 01/18/13 Rented $775 0.0% --
12/19/2012 12/19/12 Under Contract -- -- --
12/10/2012 12/10/12 For Rent $775 0.0% --
11/05/2012 11/05/12 Sold $110,000 -26.6% $61 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $149,900 -- $83 / 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 $1,318 $10,390 -- --
2024 $1,318 $9,895 -- --
2023 $1,250 $9,424 $0 $0
2022 $1,250 $8,975 $0 $0
2021 $1,243 $8,141 $0 $0
2020 $1,205 $13,779 $0 $0
2019 $1,189 $10,402 $0 $0
2018 $978 $7,032 $0 $0
2017 $934 $7,032 $0 $0
2016 $940 $6,697 $0 $0
2015 $898 $6,378 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21216737

MLS of Southern Arizona

APN: 126-17-1350