NOT LISTED FOR SALE

Estimated Value: $290,000 - $490,000

6 Beds
3 Baths
2,682 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $465,000 $173 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,454/month

32 Days on Market

Highlights

  • Southwestern Architecture
  • Great Room
  • Skylights
  • Corner Lot
  • No HOA
  • Breakfast Bar

About This Home

As of October 2022

Please do not disturb tenats. 3 Detached Southwest Style units. Each one is a 2 Bedroom/ 1 Bath, 894 Square foot free standing home. Very open, lots of windows and skylights. Each with its own fenced in yard with extra storage. Tenants pay all utilities including water. Water is on one meter billed to the owner but tenants are billed for the actual amount.

Last Agent to Sell the Property

Greg Horkey

Acacia Partners Listed on: 08/18/2022

Last Buyer's Agent

Manuel Davila

Real Broker License #SA582953000

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 53 Sq Ft Lot
  • Lot Dimensions are 54x165
  • Wood Fence
  • Corner Lot

Home Design

  • Triplex
  • Southwestern Architecture
  • Frame With Stucco
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub and Shower Combination in Primary Bathroom
  • 2,682 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Driveway

Schools

  • Whitmore Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Shed
  • Ground Level

Listing and Financial Details

  • $3,042 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,892
  • Other Expense $7,374
  • Professional Management Expense $3,035
  • New Taxes Expense $3,042
  • Operating Expense $15,342
  • Gross Income $32,130
  • Net Operating Income $16,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent Two Bedroom: 1037.5
  • Horses: No
  • Lot Size: 54x165
  • Road Surface Type: Paved
  • CapRate: 3.61
  • Professional Management Expense: 3035.0
  • Co List Office Mls Id: 4289
  • Subdivision Name: Vista Del Monte Tract Amended
  • General Property Information: List Price/SqFt: 173.38
  • General Property Information: Lot Size Price/SqFt: 53.75
  • Special Features: None

Interior Features

  • Kitchen Features Pantry: Cabinet
  • Appliances: Refrigerator

Exterior Features

  • Roof: Built-Up - Reflect
  • View: None
  • Construction Type: Frame - Stucco
  • Other Structures: Shed(s)
  • Patio And Porch Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 7373.75
  • Expenses Taxes Assessments: 3041.68

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 53.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1987

Rental Info

  • Utilities Paid Trash: Tenant

Tax Info

  • Tax Year: 2021
  • New Taxes Expense: 3041.68

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32130.0
  • Insurance Expense: 1892.0
  • Property Net Operating Income: 16787.57
  • Annual Operating Expense: 15342.43

MLS Schools

  • Elementary School: Whitmore
  • High School: Catalina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 18, 2022
Sold by
Jafferi Ammar
Bought by
Jafferi Investments Llc
Seller's Agent
Greg Horkey
Acacia Partners
Buyer's Agent
Manuel Davila
Real Broker
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$420,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,910
Avg. Annual Appreciation
-3.04%
Original Mortgage
$348,750
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 18, 2022
Closed on
Sep 28, 2022
Sold by
Edward D Manion Jr Living Trust and Manion Edward D
Bought by
Jafferi Ammar and Jafferi Iqra
Seller's Agent
Greg Horkey
Acacia Partners
Buyer's Agent
Manuel Davila
Real Broker
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2008
Sold by
Jones Stephen A
Bought by
Manion Edward D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jafferi Investments Llc -- --
Jafferi Ammar $465,000 Catalina Title Agency
Jafferi Ammar $465,000 Catalina Title Agency
Manion Edward D $282,500 Tfnti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jafferi Ammar $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $465,000 0.0% $173 / Sq Ft
08/18/2022 08/18/22 For Sale $465,000 -- $173 / 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 $3,278 $24,782 -- --
2024 $3,042 $23,602 -- --
2023 $3,042 $22,529 -- --
2022 $2,988 $21,456 $0 $0
2021 $3,042 $20,651 $0 $0
2020 $3,057 $20,651 $0 $0
2019 $3,085 $20,115 $0 $0
2018 $3,042 $18,774 $0 $0
2017 $3,088 $18,774 $0 $0
2016 $3,157 $18,774 $0 $0
2015 $3,181 $18,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22221788

MLS of Southern Arizona

APN: 110-08-004B