NOT LISTED FOR SALE
Studio
-- Baths
9,982 Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: December 14, 2017

Last sale price $800,000 $80 Per Sq Ft

304 Days on Market

Highlights

  • 0.7 Acre Lot
  • Great Room
  • Combination Dining and Living Room
  • Ranch Style House
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of December 2017

Great midtown single story garden style apartment property. 14 units have been updated in the last 2 years with new HVAC, stainless steel appliances, cabinets, commercial grade plank style vinyl and ceramic flooring, paint, etc. Two parking areas and a large community garden that fosters great tenant camaraderie. large 3 bedroom 2 bath unit is excellent for an owner/manger. Owner is licensed to sell real estate.

Last Agent to Sell the Property

Mick Cluck

Coldwell Banker Realty Listed on: 02/03/2017

Last Buyer's Agent

Michelle Goldberg

Fort Lowell Realty & Property Management, Inc.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,565

Year Built

  • Built in 1963

Lot Details

  • 30,000 Sq Ft Lot
  • Lot Dimensions are 100 x 300
  • Fenced
  • Back Yard

Home Design

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

Interior Spaces

  • 9,982 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Laundry in Bathroom

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 14 Parking Spaces
  • Carport
  • No Driveway

Location

  • Ground Level

Schools

  • Bloom Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • No Cooling
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • $6,565 special tax assessment

Community Details

Overview

  • Speedway Subdivision

Building Details

  • Fuel Expense $3,047
  • Insurance Expense $3,000
  • Maintenance Expense $11,395
  • Water Sewer Expense $6,733
  • Gross Income $101,616
  • Net Operating Income $68,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,565

Year Built

Built in 1963

Lot Details

0.69 Acres

Listing Details

  • Property Type: Multi Family
  • Style: Ranch
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: Speedway No 1 Lot 4 Exc E'ly 2' Blk 9
  • Attached Detached: Attached
  • List Price per Sq Ft: 85.15
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 531.00
  • Unit Info Average Monthly Rent Two Bedroom: 647.00
  • Unit Info Average Monthly Rent Three Bedroom: 700.00
  • Unit Info Average Monthly Rent Studios: 550.00
  • Unit Info Number Of Units1 B R: 5
  • Unit Info Number Of Units2 B R: 7
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 9982.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Great Room
  • Laundry: In Bathroom
  • Extra Room: None
  • Kitchen Features: Refrigerator
  • Interior Steps: No

Exterior Features

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

Garage/Parking

  • Driveway: None
  • Total Parking: 14

Utilities

  • Water: City Water
  • Water Heater: Electric, Recirculating Pump
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: None
  • Main Heating Other: Combo
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Capital Expenses: 2011.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 3047.00
  • Expenses Maintenance Supplies: 11395.00
  • Expenses Taxes Assessments: 6565.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.70
  • Lot Dimensions: 100 x 300
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 28.33
  • Lot Sq Ft: 30000.00
  • Lot Sz Sold Prc Sq Ft: 26.67
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1963

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: 122-13-1440
  • Taxes: 6565.00
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Bloom
  • High School: Tucson
  • School District: TUSD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Dec 12, 2017
Sold by
Terra Verde Construction Llc
Bought by
Seller's Agent
Mick Cluck
Coldwell Banker Realty
Buyer's Agent
Michelle Goldberg
Fort Lowell Realty & Property Management, Inc.
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,883
Outstanding Balance
$64,135
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2014
Sold by
Terra Verde Real Estate Llc
Bought by
Terra Verde Construction Llc

Purchase Details

Listed on
Aug 5, 2013
Closed on
Oct 3, 2013
Sold by
Theopolis Enterprises Llc
Bought by
Terra Verde Real Estate Llc
Seller's Agent
David Walsh
Realty Executives Arizona Territory
Buyer's Agent
Mick Cluck
Coldwell Banker Realty
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 2008
Sold by
Krajicek Wesley James and Krajicek Gaylene
Bought by
Theopolis Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1998
Sold by
Krajicek Wesley James
Bought by
Krajicek Wesley James and Krajicek Gaylene

Purchase Details

Closed on
Jun 26, 1997
Sold by
Yang Margarita T
Bought by
Krajicek Wesley James
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 Title Security Agency Llc
Terra Verde Construction Llc -- None Available
Terra Verde Real Estate Llc $375,000 Signature Title Agency Of Ar
Theopolis Enterprises Llc $680,000 Ttise
Krajicek Wesley James -- --
Krajicek Wesley James $315,000 --
Krajicek Wesley James -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $363,883
Previous Owner Terra Verde Real Estate Llc $225,000
Previous Owner Theopolis Enterprises Llc $522,000
Previous Owner Theopolis Enterprises Llc $522,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2017 12/14/17 Sold $800,000 0.0% $80 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $800,000 +113.3% $80 / Sq Ft
10/07/2013 10/07/13 Sold $375,000 0.0% $38 / Sq Ft View Prior Sale
09/07/2013 09/07/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $375,000 -- $38 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,080 $64,138
2025 $8,080 $61,084
2024 $7,751 $58,175
2023 $7,313 $55,405 $0 $0
2022 $7,349 $52,766 $0 $0
2021 $7,307 $47,861 $0 $0
2020 $7,085 $56,624 $0 $0
2019 $6,991 $51,437 $0 $0
2018 $6,838 $41,344 $0 $0
2017 $6,800 $41,344 $0 $0
2016 $6,565 $39,375 $0 $0
2015 $6,362 $41,924 $0 $0
Source: Public Records

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Map

Source: MLS of Southern Arizona

MLS Number: 21703320

MLS of Southern Arizona
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