NOT LISTED FOR SALE

420 Circulo Cisne Rio Rico, AZ 85648

Estimated Value: $311,000 - $340,505

6 Beds
3 Baths
1,800 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $187,000 $104 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,862/month

100 Days on Market

Highlights

  • RV Parking in Community
  • Terracotta or Satillo Flooring
  • Den
  • Contemporary Architecture
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of October 2019

Great 3-plex with long term tenants. Each unit has a decent size yard. New roof and new water heaters as well.great investment with possibility of great income stream. Plenty of parking and room to build other units. TONS of opportunity here. Take a look today!Please do not disturb tenants in units...

Last Agent to Sell the Property

Jerimiah Taylor

Keller Williams Southern Arizona Listed on: 07/16/2019

Co-Listed By

Charles Hamby

Keller Williams Southern Arizona

Last Buyer's Agent

Melanie Speights

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Split Rail Fence
  • Shrub
  • Corner Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Den
  • Terracotta Flooring
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Laundry Room

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Ground Level

Schools

  • San Cayetano Elementary School
  • Calabasas Middle School
  • Rio Rico High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • $1,000 special tax assessment

Community Details

Overview

  • Rio Rico Villas Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $600
  • Maintenance Expense $500
  • Gross Income $16,500
  • Net Operating Income $12,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,144

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: SUB RIO RICO VILLAS UNIT NO. 13 LOT 8 OF BLK 648
  • Attached Detached: Attached
  • List Price per Sq Ft: 110.56
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units Studios: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Floor Covering Other: marble
  • Window Coverings: Some
  • Floor Covering: Mexican Tile
  • Gross Sq Ft: 1800.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: Den
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Split Rail
  • Landscape Front: Low Care, Shrubs
  • Landscape Rear: Low Care, Shrubs
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: BBQ, Courtyard

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 6

Utilities

  • Water Heater: Electric
  • Electric Electric Company: unisource energy
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Water Company: liberty

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Capital Expenses: 500.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 500.00
  • Expenses Other Expenses: 1000.00
  • Expenses Taxes Assessments: 1000.00

Schools

  • School District: Santa Cruz Valley United School District #35
  • Elementary School: San Cayetano Elementary
  • Middle School: Calabasas Middle School
  • High School: Rio Rico High School

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.46
  • Lot Dimensions: Unknown
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 9.95
  • Lot Sq Ft: 19999.00
  • Lot Sz Sold Prc Sq Ft: 9.35
  • Municipality Zoning: SCC - R-2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1993

Rental Info

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

Tax Info

  • Tax Code: 124-01-254
  • Taxes: 1144.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Calabasas Middle School
  • Elementary School: San Cayetano Elementary
  • High School: Rio Rico High School
  • School District: Santa Cruz Valley United School District #35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 18, 2019
Sold by
Gasca Marcos R and Gasca Maria Luisa
Bought by
Martinez Norma and Martinez Adolfo
Seller's Agent
Jerimiah Taylor
Keller Williams Southern Arizona
Buyer's Agent
Melanie Speights
Long Realty
List Price
$187,000
Sold Price
$187,000
Current Estimated Value
$327,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,876
Avg. Annual Appreciation
9.83%
Original Mortgage
$140,250
Outstanding Balance
$122,595
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$205,281

Purchase Details

Closed on
Nov 5, 2015
Sold by
Gasca Marco R and Gasca Maria Luisa
Bought by
Gasca Family Trust and Gasca Maria Luisa
Source: Public Records

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 Buyer Sale Price Title Company
Martinez Norma $187,000 Title Security Agency Llc
Gasca Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Norma $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $187,000 0.0% $104 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $187,000 -- $104 / 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 $1,470 $21,374 $1,800 $19,574
2024 $1,470 $22,132 $1,450 $20,682
2023 $1,428 $15,915 $1,030 $14,885
2022 $1,397 $13,620 $1,030 $12,590
2021 $1,380 $11,174 $1,030 $10,144
2020 $1,307 $8,793 $1,030 $7,763
2019 $1,161 $8,574 $1,030 $7,544
2018 $1,144 $8,433 $1,030 $7,403
2017 $1,117 $8,233 $1,030 $7,203
2016 $1,112 $8,527 $1,030 $7,497
2015 $1,193 $8,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jerimiah Taylor

    Keller Williams Southern Arizona

  • C

    Seller Co-Listing Agent in 2019

    Charles Hamby

    Keller Williams Southern Arizona

  • M

    Buyer's Agent in 2019

    Melanie Speights

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21918813

MLS of Southern Arizona

APN: 124-01-254

Arizona Santa Cruz County Rio Rico 85648

420 Circulo Cisne, Rio Rico, AZ

This home is located at 420 Circulo Cisne, Rio Rico, AZ 85648 since 16 July 2019 and is currently estimated at $327,876, approximately $182 per square foot. This property was built in 1993. 420 Circulo Cisne is a home located in Santa Cruz County with nearby schools including Rio Rico High School.

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