NOT LISTED FOR SALE

Estimated Value: $381,000 - $558,370

4 Beds
4 Baths
1,972 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $440,000 $223 Per Sq Ft

Current estimated payment $2,488/month

59 Days on Market

Highlights

  • Two Primary Bathrooms
  • Stainless Steel Appliances
  • Walk-In Closet
  • Ranch Style House
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of March 2023

One unit vacant ideal for an owner occupant. Beautifully updated and turnkey duplex located in a desirable midtown neighborhood. Both units offer large two bedroom two bath floor plans, central AC with gas heating, in unit washer and dryer, exposed interior block walls, private covered parking and fenced private yards. Both units have just undergone a complete remodel to include all new kitchens & baths, stainless appliances, hard surface countertops, electrical and plumbing fixtures, interior and exterior paint and durable plank vinyl flooring. Both AC units are new and both water heaters are approximately two years old. The roof was re-coated with a premium 10 year product. All work was performed by a licensed general contractor. Additional information under the documents tab.

Last Agent to Sell the Property

David Walsh

Better Homes & Gardens Real Estate - SJ Fowler Listed on: 12/11/2022

Last Buyer's Agent

Dustin Allred

Realty Executives Arizona Territory

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1971

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 62' x 100'
  • Wood Fence
  • Back Yard

Home Design

  • Duplex
  • Ranch Style House
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,972 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Dining Room
  • Storage Room
  • Laundry in Bathroom

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Two Primary Bathrooms
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Patio
  • Ground Level

Listing and Financial Details

  • $2,048 special tax assessment

Community Details

Overview

  • Speedway Addition No. 1 Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Water Sewer Expense $2,000
  • Gross Income $37,132
  • Net Operating Income $28,884

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Speedway No 1 N150' Of W60' Of Lot 7 Blk 6
  • Attached Detached: Attached
  • List Price per Sq Ft: 233.27
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 1595.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Walk In Closets
  • Floor Covering Other: Plank vinyl
  • Window Coverings: Stay
  • Gross Sq Ft: 1972.00
  • Bathroom Features: 2 Primary Baths, Shower & Tub/Hall, Shower Only/Primary
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Microwave: Builtin
  • Kitchen Features Oven: Gas range
  • Living Areas: Family Room
  • Laundry: In Bathroom
  • Extra Room: Storage
  • Kitchen Features: Breakfast Bar, Dishwasher, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • 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
  • Main Heating: Gas Pac
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 2000.00
  • Expenses Other Expenses: 400.00
  • Expenses Taxes Assessments: 2048.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.20
  • Lot Dimensions: 62' X 100'
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 51.01
  • Lot Sq Ft: 9017.00
  • Lot Sz Sold Prc Sq Ft: 48.80
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1971

Rental Info

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

Tax Info

  • Tax Code: 122-13-098E
  • Taxes: 2047.91
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2022
Closed on
Mar 14, 2023
Sold by
Sinclair Capital Partners Llc
Bought by
Mcmurdo Thomas and Mcmurdo Deanna
Seller's Agent
David Walsh
Better Homes & Gardens Real Estate - SJ Fowler
Buyer's Agent
Dustin Allred
Realty Executives Arizona Territory
List Price
$470,000
Sold Price
$440,000
Premium/Discount to List
-$30,000
-6.38%
Views
64
Current Estimated Value
$440,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93
Avg. Annual Appreciation
0.01%
Original Mortgage
$265,000
Outstanding Balance
$256,015
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$184,078

Purchase Details

Listed on
Dec 11, 2022
Closed on
Feb 21, 2023
Sold by
Sinclair Capital Partners Llc
Bought by
Mcmurdo Thomas and Mcmurdo Deanna
Seller's Agent
David Walsh
Better Homes & Gardens Real Estate - SJ Fowler
Buyer's Agent
Dustin Allred
Realty Executives Arizona Territory
List Price
$470,000
Sold Price
$440,000
Premium/Discount to List
-$30,000
-6.38%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$256,015
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$184,078

Purchase Details

Closed on
Feb 24, 2022
Sold by
Lyle Blumears
Bought by
Sinclair Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,469
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2022
Sold by
Nicholls Kent
Bought by
Blumears Lyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,469
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2003
Sold by
Arnold Jack T and Arnold Dorothy C
Bought by
Nicholls Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmurdo Thomas $440,000 Signature Title Agency
Mcmurdo Thomas $440,000 Signature Title Agency
Sinclair Capital Partners Llc -- None Listed On Document
Blumears Lyle $222,500 Fidelity National Title
Blumears Lyle $222,500 Fidelity National Title
Nicholls Kent $140,000 --
Nicholls Kent $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmurdo Thomas $265,000
Closed Mcmurdo Thomas $265,000
Previous Owner Blumears Lyle $218,469
Previous Owner Nicholls Kent $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $440,000 0.0% $223 / Sq Ft
02/28/2023 02/28/23 Sold $440,000 -4.3% $441 / Sq Ft View Prior Sale
02/08/2023 02/08/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $460,000 -2.1% $461 / Sq Ft
12/11/2022 12/11/22 For Sale $470,000 0.0% $238 / Sq Ft
12/02/2022 12/02/22 Price Changed $470,000 -6.0% $471 / Sq Ft
09/12/2022 09/12/22 Price Changed $500,000 -7.1% $501 / Sq Ft
08/09/2022 08/09/22 For Sale $538,000 0.0% $539 / Sq Ft
05/05/2022 05/05/22 Rented $1,625 -1.5% --
04/20/2022 04/20/22 For Rent $1,650 -- --
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 $2,265 $17,121 -- --
2024 $2,048 $16,306 -- --
2023 $2,048 $15,529 -- --
2022 $2,060 $14,790 $0 $0
2021 $2,048 $13,415 $0 $0
2020 $1,986 $15,050 $0 $0
2019 $1,960 $14,254 $0 $0
2018 $1,917 $11,588 $0 $0
2016 $1,858 $11,036 $0 $0
2015 $1,802 $10,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22300653

MLS of Southern Arizona

APN: 122-13-098E