$715,000
SOLD JUN 17, 2025
6 Beds
4 Baths
2,960 Sq Ft
0.39 Acres

Recently Sold

$242 Per Sq Ft

11% Below List Price

69 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Corner Lot
  • 0.39 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of June 2025

This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.

Last Agent to Sell the Property

Cole Annati

Keller Williams Realty Sonoran Listed on: 02/24/2025

Keller Williams Realty Sonoran

Last Buyer's Agent

Ashley Kimberlin

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • East or West Exposure
  • Wood Fence
  • Block Wall Fence
  • Desert Landscape
  • Corner Lot
  • Back Yard

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 2,960 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Breakfast Bar

Parking

  • 8 Parking Spaces
  • Parking Pad

Outdoor Features

  • Courtyard
  • Covered Patio or Porch

Location

  • Ground Level

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $2,607 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,300
  • Maintenance Expense $1,500
  • Water Sewer Expense $3,300
  • Gross Income $62,280
  • Net Operating Income $53,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,715

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: E80' W110' S157.5' NW4 NW4 NE4 NW4 .261 AC SEC 30-13-14 NULL NULL NULL
  • Attached Detached: Attached
  • List Price per Sq Ft: 270.27
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2960.00
  • Bathroom Features: Shower & Tub/Hall
  • Primary Bathroom Countertops: cultured marble
  • Breakfast: None
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Laundry Other: separate hookups
  • Living Areas: Off Kitchen
  • Extra Room: None
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Brick, Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Wood
  • Fence Other: metal
  • Landscape Front: Desert Plantings, Low Care, Natural Desert
  • Landscape Rear: Decorative Gravel, Desert Plantings, Low Care, Natural Desert
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Courtyard

Garage/Parking

  • Driveway: Car(s) Pad
  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Electric
  • Security: None
  • Security Other: Tenant Supplied
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: Maintenance
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Taxes Assessments: 2607.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.39
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot, East/West Exposure
  • Lot Size Price Sq Ft: 47.53
  • Lot Sq Ft: 16833.00
  • Lot Sz Sold Prc Sq Ft: 42.48
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1960

Rental Info

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

Tax Info

  • Tax Code: 113-02-001C
  • Taxes: 2715.00
  • Tax Year: 2024
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Every David and Every Melissa
Bought by
Every Trust and Every
Current Estimated Value
$683,717

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 19, 2018
Sold by
Pinnell Terry Antonia and Pinnell Stevea S
Bought by
Every David
Seller's Agent
Matthew Bollinger
Long Realty
Buyer's Agent
Pedro Romero
Long Realty
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Pinnell Terry
Bought by
Pinnell Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2012
Sold by
Spahr Alfred K
Bought by
Pinnell Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2003
Sold by
Spahr Alfred K and Spahr Patricia Ann
Bought by
Spahr Alfred K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Spahr Alfred K
Bought by
Spahr Alfred K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $255,000 Title Security Agency Llc
Interfamily Deed Transfer -- Tfnti
Interfamily Deed Transfer -- Tfnti
Warranty Deed $157,000 Tfnti
Warranty Deed $157,000 Tfnti
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $117,750 New Conventional
Previous Owner $118,000 Purchase Money Mortgage
Previous Owner $94,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2025 06/17/25 Sold $715,000 -10.6% $242 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $800,000 +213.7% $270 / Sq Ft
02/28/2018 02/28/18 Sold $255,000 0.0% $86 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $255,000 -- $86 / 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 $2,819 $22,907 -- --
2024 $2,715 $21,816 -- --
2023 $2,633 $20,777 $0 $0
2022 $2,607 $19,788 $0 $0
2021 $2,552 $17,948 $0 $0
2020 $2,536 $21,181 $0 $0
2019 $2,471 $20,061 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22505751

MLS of Southern Arizona

APN: 113-02-0230