NOT LISTED FOR SALE

Estimated Value: $239,654 - $363,000

Studio
-- Bath
1,968 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $115,000 $58 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,782/month

381 Days on Market

About This Home

As of December 2013

Always rented. Three units in a big lot by Grant & Columbus. Close to shopping centers, bus lines- very rentable. 2 units are 1BR/1BA, one is 2BR/1BA. Extra land in the back brings lots of possibilities. Each unit offers: Open and bright floor plans, covered patio, laundry room and private backyard. Very quiet. $1400 monthly income. No sign in property. Please do not disturb tenants! Great investor opportunity!

Last Agent to Sell the Property

Nancy Fung

Long Realty Company Listed on: 12/01/2012

Last Buyer's Agent

Melody Stevens

Arizona Sunshine Realty License #BR565566000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x147

Home Design

  • 1,968 Sq Ft Home
  • Triplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,815 special tax assessment

Community Details

Overview

  • Desert View Addition Subdivision

Building Details

  • Insurance Expense $600
  • Water Sewer Expense $1,800
  • Gross Income $16,800
  • Net Operating Income $12,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Desert View/Resub of Pt of Catalina Farms/Lot 2
  • List Price per Sq Ft: 63.52
  • Miscellaneous Package Available: No
  • Unit Info Average Monthly Rent One Bedroom: 450.00
  • Unit Info Average Monthly Rent Two Bedroom: 500.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1968.00
  • Interior Steps: No

Exterior Features

  • Construction: Slump Block

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 100.00
  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1815.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.25
  • Lot Dimensions: 75x147
  • Lot Size Price Sq Ft: 11.48
  • Lot Sq Ft: 10890.00
  • Lot Sz Sold Prc Sq Ft: 10.56
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1962

Tax Info

  • Tax Code: 110-07-3260
  • Taxes: 1815.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2012
Closed on
Dec 27, 2013
Sold by
Chiarella Catherine
Bought by
Chiarella Robert
Seller's Agent
Nancy Fung
Long Realty Company
Buyer's Agent
Melody Stevens
Arizona Sunshine Realty
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$313,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,164
Avg. Annual Appreciation
8.66%
Original Mortgage
$86,250
Outstanding Balance
$64,593
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$248,571

Purchase Details

Listed on
Dec 1, 2012
Closed on
Dec 16, 2013
Sold by
Cardenas Marcela
Bought by
Chiarella Robert
Seller's Agent
Nancy Fung
Long Realty Company
Buyer's Agent
Melody Stevens
Arizona Sunshine Realty
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$64,593
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$248,571

Purchase Details

Closed on
Jan 10, 2005
Sold by
Lobaugh John J and Lobaugh Sharon B
Bought by
Cardenas Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Lobaugh Thomas C E and Lobaugh Katherine E
Bought by
Lobaugh John J and Lobaugh Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Chiarella Robert -- Title Security Agency Of Ari
Chiarella Robert $115,000 Title Security Agency Of Ari
Cardenas Marcela $198,000 Long Title Agency
Cardenas Marcela $198,000 Long Title Agency
Lobaugh John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiarella Robert $86,250
Previous Owner Cardenas Marcela $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $115,000 0.0% $58 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $115,000 -- $58 / 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 $1,925 $14,553 -- --
2024 $1,741 $13,860 -- --
2023 $1,741 $13,200 -- --
2022 $1,751 $12,571 $0 $0
2021 $1,741 $11,403 $0 $0
2020 $1,688 $15,033 $0 $0
2019 $1,666 $12,928 $0 $0
2018 $1,629 $9,850 $0 $0
2017 $1,620 $9,850 $0 $0
2016 $1,594 $9,381 $0 $0
2015 $1,543 $8,934 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21229563

MLS of Southern Arizona

APN: 110-07-3260