NOT LISTED FOR SALE

Estimated Value: $305,000 - $334,000

4 Beds
2 Baths
1,479 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $303,000 $205 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,144/month

21 Days on Market

Highlights

  • RV Parking in Community
  • Bathtub with Shower
  • Bungalow
  • Eat-In Kitchen
  • Living Room
  • Landscaped with Trees

About This Home

As of June 2023

Wire cut brick duplex located in fantastic location, blocks away from Reid park Community Center, Randolph Golf, shopping and restaurants. Each unit with 2 spacious bedrooms, full bathroom, comfortable living room, eat-in kitchen equipped with gas range and refrigerator. Laundry facilities on back porches. Each unit has a private wood fenced backyard. Long term tenants reside in each unit, each on a month to month lease. Live in one unit, rent the other, or AirB&B. Units are metered separately. Spacious lot on almost 1/4 acre.

Last Agent to Sell the Property

Sharon Andresen

RE/MAX Excalibur Realty Listed on: 05/17/2023

RE/MAX Excalibur Realty

Last Buyer's Agent

Shaun McClusky

Rincon Ventures, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1949

Lot Details

  • 10,106 Sq Ft Lot
  • Lot Dimensions are 66x132x65x132
  • Wood Fence
  • Desert Landscape
  • Landscaped with Trees
  • Back Yard

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,479 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Lineweaver Elementary School
  • Vail Middle School
  • Rincon High School

Utilities

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

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,216 special tax assessment

Community Details

Overview

  • Other/Unknown Subdivision
  • RV Parking in Community

Building Details

  • Insurance Expense $800
  • Professional Management Expense $1,500
  • Gross Income $19,080
  • Net Operating Income $15,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From parcel: 001010019/W75' E330' N135' S625.58' SW4 SE4 NW4 .23Ac Sec 15-14-14
  • Attached Detached: Attached
  • List Price per Sq Ft: 185.94
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 795.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Some
  • Floor Covering: Concrete
  • Gross Sq Ft: 1479.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: White
  • Laundry Other: Porch
  • Living Areas: Living Room
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Shared Fence, Wood
  • Landscape Front: Decorative Gravel, Desert Plantings, Low Care
  • Landscape Rear: Low Care, Trees
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1216.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Dimensions: 66x132x65x132
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 27.21
  • Lot Sq Ft: 10106.00
  • Lot Sz Sold Prc Sq Ft: 29.98
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1949

Rental Info

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

Tax Info

  • Tax Code: 126-16-3340
  • Taxes: 1216.00
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Lineweaver
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Lewis Ira
Bought by
Catalina Llc
Current Estimated Value
$389,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Outstanding Balance
$214,706
Interest Rate
6.29%
Mortgage Type
Balloon
Estimated Equity
$105,442

Purchase Details

Closed on
Mar 19, 2024
Sold by
Lewis Ira
Bought by
Catalina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Outstanding Balance
$214,706
Interest Rate
6.29%
Mortgage Type
Balloon
Estimated Equity
$105,442

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 8, 2023
Sold by
Walton R Willis Iii Trust
Bought by
Catalina Llc
Seller's Agent
Sharon Andresen
RE/MAX Excalibur Realty
Buyer's Agent
Shaun McClusky
Rincon Ventures, Inc.
List Price
$275,000
Sold Price
$303,000
Premium/Discount to List
$28,000
10.18%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 6, 2023
Sold by
Walton R Willis Iii Trust and Willis Walton R
Bought by
Catalina Llc
Seller's Agent
Sharon Andresen
RE/MAX Excalibur Realty
Buyer's Agent
Shaun McClusky
Rincon Ventures, Inc.
List Price
$275,000
Sold Price
$303,000
Premium/Discount to List
$28,000
10.18%
Views
58

Purchase Details

Closed on
Nov 29, 2016
Sold by
Willis Walton R
Bought by
Willis Walton R

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ryan Robert J
Bought by
Willis Walton R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
Kincaid Kevin E and Kincaid Marilyn A
Bought by
Ryan Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,350
Interest Rate
7.04%
Mortgage Type
FHA
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
Catalina Llc -- Pioneer Title
Lewis Ira -- Pioneer Title
Catalina Llc -- Pioneer Title
Lewis Ira -- Pioneer Title
Catalina Llc $303,000 Pioneer Title
Catalina Llc $303,000 Pioneer Title
Willis Walton R -- None Available
Willis Walton R $185,000 --
Willis Walton R $185,000 --
Ryan Robert J $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ira $231,000
Closed Lewis Ira $231,000
Previous Owner Willis Walton R $148,000
Previous Owner Ryan Robert J $86,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $303,000 +10.2% $205 / Sq Ft
05/17/2023 05/17/23 For Sale $275,000 -- $186 / 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 $1,337 $10,107 -- --
2024 $1,209 $9,626 -- --
2023 $1,209 $9,167 -- --
2022 $1,216 $8,731 $0 $0
2021 $1,209 $7,919 $0 $0
2020 $1,172 $10,752 $0 $0
2019 $1,157 $9,412 $0 $0
2018 $1,131 $6,841 $0 $0
2016 $1,104 $6,515 $0 $0
2015 $1,071 $6,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22310829

MLS of Southern Arizona

APN: 126-16-3340