NOT LISTED FOR SALE
Studio
-- Bath
14,484 Sq Ft
0.67 Acres

Last Sold October 20, 2016

Last sale price $1,100,000 $76 Per Sq Ft

104 Days on Market

About This Home

As of October 2016

Wonderfully maintained 19 unit apartment complex in central Tucson. There are fourteen 2 bedrooms, four 1 bedrooms and one studio Apartment. All units have air conditioning. All units come with refrigerators and stoves and dishwashers. Most units have ceiling fans. Ten of the units recently upgraded. Spacious floor plans. 3 separate buildings on large lot. Includes pool and laundry facilities. Units are separately metered for electric A very nice property.

Last Agent to Sell the Property

Laura Grijalva

Grijalva Realty Corp. Listed on: 07/06/2016

Co-Listed By

Jack Hopkins

Tierra Antigua Realty License #SA526459000

Last Buyer's Agent

Samantha Hei

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,150

Year Built

  • Built in 1970

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 110.49' x 264.14'

Home Design

  • 14,484 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $9,150 special tax assessment

Community Details

Overview

  • Speedway Subdivision

Building Details

  • Insurance Expense $4,553
  • Professional Management Expense $11,227
  • Gross Income $139,755
  • Net Operating Income $114,826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,150

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Speedway Lot 8 Exc Ely & Sly Pin Thereof
  • List Price per Sq Ft: 75.95
  • Unit Info Average Monthly Rent One Bedroom: 525.00
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Studios: 490.00
  • Unit Info Number Of Units1 B R: 4
  • Unit Info Number Of Units2 B R: 14
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 14484.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 9149.50

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.67
  • Lot Dimensions: 110.49' X 264.14'
  • Lot Size Price Sq Ft: 37.69
  • Lot Sq Ft: 29185.00
  • Lot Sz Sold Prc Sq Ft: 37.69
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1970

Tax Info

  • Tax Code: 122-12-0350
  • Taxes: 9149.50
  • Tax Year: 2015

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Sold $1,100,000 0.0% $76 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $1,100,000 -- $76 / 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 $11,323 $85,598 -- --
2024 $10,862 $81,522 -- --
2023 $10,248 $77,640 $0 $0
2022 $10,299 $73,943 $0 $0
2021 $10,239 $67,068 $0 $0
2020 $9,928 $76,899 $0 $0
2019 $9,797 $69,854 $0 $0
2018 $9,583 $57,936 $0 $0
2017 $9,768 $57,936 $0 $0
2016 $9,489 $55,586 $0 $0
2015 $9,150 $52,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21618621

MLS of Southern Arizona