NOT LISTED FOR SALE

432 Cibuta Ct Rio Rico, AZ 85648

Estimated Value: $342,000 - $374,000

8 Beds
4 Baths
3,096 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $310,000 $100 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,998/month

96 Days on Market

Highlights

  • Mountain View
  • Furnished
  • Cul-De-Sac
  • Terracotta or Satillo Flooring
  • Covered Patio or Porch
  • Shutters

About This Home

As of January 2022

This is an awesome opportunity to own or invest in this beautiful 4 plex in Rio Rico, Arizona. It has a total of 8 bedrooms 4 bathrooms (2 bedrooms and 1 bathroom each). This 3,096 sq. foot home is located off of Exit 17. All homes have been upgraded recently. Each apartment has a split floor plan with an extensive master bedroom, living room and kitchen. The kitchen is spacious and open to the living room. Do not miss out on this chance to own or invest in a very rare 4 plex in Rio Rico, AZ!!

Last Agent to Sell the Property

Ben Marquez

eXp Realty Listed on: 08/18/2021

eXp Realty

Co-Listed By

Norma Suarez

Real Estate Collection

Last Buyer's Agent

Guadalupe Ramos-Guerra

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Chain Link Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Shower Only in Secondary Bathroom
  • 3,096 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Living Room
  • Dining Room
  • Mountain Views
  • Security Lights
  • Eat-In Kitchen

Flooring

  • Carpet
  • Terracotta
  • Vinyl

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Location

  • Ground Level
  • Flood Zone Lot

Schools

  • Mountain View Elementary School
  • Calabasas Middle School
  • Rio Rico High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Connected
  • Satellite Dish

Community Details

Overview

  • Rio Rico Villas Subdivision

Building Details

  • Fuel Expense $100
  • Insurance Expense $1,619
  • Maintenance Expense $50
  • Water Sewer Expense $50
  • Gross Income $27,000
  • Net Operating Income $25,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style Other: Apartment
  • Technology: High Speed Internet, Pre-Wired Sat Dish, Pre-Wired Tele Lines, Telephone
  • Accessibility Options: None
  • Legal Description: Sub Rio Rico Villas Unit No.13 Lot 19 Of Blk 637
  • Attached Detached: Attached
  • List Price per Sq Ft: 103.36
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Some
  • Floor Covering: Carpet, Mexican Tile, Vinyl
  • Gross Sq Ft: 3096.00
  • Bathroom Features: Shower Only/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Laundry Other: Hookup
  • Living Areas: Living Room
  • Extra Room: None
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Brick, Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: Yes
  • Fence: Chain Link
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Fire Protection: None
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air, Evaporative Cooling, Heat Pump, Wall Unit(s)
  • Main Heating: Floor Furnace, Forced Air, Natural Gas
  • Security: Security Lights, Shutters
  • Sewer: Connected
  • Electric Other: City

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 100.00
  • Expenses Maintenance Supplies: 50.00

Schools

  • School District: Santa Cruz Valley United School District #35
  • Elementary School: Mountain View 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: 0.39
  • Lot Dimensions: 16988 SF
  • Lot Features: Cul-De-Sac
  • Lot Size Price Sq Ft: 18.84
  • Lot Sq Ft: 16988.00
  • Lot Sz Sold Prc Sq Ft: 18.25
  • Municipality Zoning: SCC - R-2
  • Municipal Flood Zone: Yes

Building Info

  • Year Built: 1986

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: Tenant
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 124-01-090
  • Taxes: 1129.98
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Calabasas Middle School
  • Elementary School: Mountain View 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
Aug 18, 2021
Closed on
Jan 18, 2022
Sold by
Moreno Madel and Martinez Madel
Bought by
Igulu Twafika Gabriel
Seller's Agent
Ben Marquez
eXp Realty
Buyer's Agent
Guadalupe Ramos-Guerra
Long Realty
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Current Estimated Value
$358,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,667
Avg. Annual Appreciation
3.97%
Original Mortgage
$321,160
Outstanding Balance
$295,989
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$62,678

Purchase Details

Listed on
Aug 18, 2021
Closed on
Jan 14, 2022
Sold by
Madel Moreno
Bought by
Igulu Twafika Gabriel
Seller's Agent
Ben Marquez
eXp Realty
Buyer's Agent
Guadalupe Ramos-Guerra
Long Realty
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,160
Outstanding Balance
$295,989
Interest Rate
3.11%
Mortgage Type
VA
Estimated Equity
$62,678

Purchase Details

Closed on
Nov 6, 2018
Sold by
Valenzuela Enrique A and Valenzuela Martha I
Bought by
Martinez Madel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Igulu Twafika Gabriel $310,000 Lawyers Title Of Arizona Inc
Igulu Twafika Gabriel $310,000 Lawyers Title
Martinez Madel $160,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igulu Twafika Gabriel $321,160
Closed Igulu Twafika Gabriel $321,160
Previous Owner Martinez Madel $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $310,000 -3.1% $100 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $320,000 -- $103 / 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 $1,227 $12,042 $1,800 $10,242
2024 $1,227 $12,303 $1,450 $10,853
2023 $1,189 $9,958 $1,030 $8,928
2022 $1,162 $9,200 $1,030 $8,170
2021 $1,157 $8,716 $1,030 $7,686
2020 $1,130 $8,769 $1,030 $7,739
2019 $964 $8,196 $1,030 $7,166
2018 $1,112 $8,385 $1,030 $7,355
2017 $1,112 $8,196 $1,030 $7,166
2016 $1,090 $8,357 $1,030 $7,327
2015 $1,265 $9,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Marquez

    Seller's Agent in 2022

    Ben Marquez

    eXp Realty

    (480) 580-6876

    217 Total Sales

    Ben Marquez
    Section Image
  • Norma Suarez

    Seller Co-Listing Agent in 2022

    Norma Suarez

    Real Estate Collection

    (520) 223-6841

    37 Total Sales

    Norma Suarez
    Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22121280

MLS of Southern Arizona

APN: 124-01-090

Arizona Santa Cruz County Rio Rico 85648

432 Cibuta Ct, Rio Rico, AZ

This home is located at 432 Cibuta Ct, Rio Rico, AZ 85648 since 18 August 2021 and is currently estimated at $358,667, approximately $115 per square foot. This property was built in 1986. 432 Cibuta Ct is a home located in Santa Cruz County with nearby schools including Rio Rico High School.

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