NOT LISTED FOR SALE

Estimated Value: $288,700 - $409,000

5 Beds
2 Baths
1,960 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2021

Last sale price $296,000 $151 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,059 / mo

55 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Great Room
  • Mountain View
  • Secondary bathroom tub or shower combo
  • No HOA

About This Home

As of March 2021

Great pride of ownership. Please do not disturb tenants. What a fantastic opportunity in this well maintained income property. Two detached homes with plenty of privacy. The front house was built with character in 1947 and the back house was built in 1985 . Long term leases. Each unit has assigned one carport space. Both individually metered for gas, electric and water. Freshly painted outside of both houses and interior of back unit. Carpets replace in front unit in 2017 and in 2019 in the back unit. Both roofs are in great shape. Back unit has a new water heater (2019) and a 3 ton a/c in 2015. Many more upgrade to mention here, over $15,500. Front house was built in 1947 and rear house built in 1985.

Last Agent to Sell the Property

Dustin Allred

Realty Executives Arizona Territory License #BR104368000 Listed on: 01/26/2021

Realty Executives Arizona Territory

Co-Listed By

Cindy Allred

Realty Executives Arizona Territory License #BR521353000

Last Buyer's Agent

Armando Tavares

Long Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 53x181x51x166
  • Wood Fence
  • Chain Link Fence

Home Design

  • Duplex
  • Contemporary Architecture
  • Santa Fe Architecture
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Masonry
  • Lead Paint Disclosure

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub and Shower Combination in Primary Bathroom
  • Secondary bathroom tub or shower combo
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

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

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,187 special tax assessment

Community Details

Overview

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

Building Details

  • Insurance Expense $800
  • Maintenance Expense $600
  • Professional Management Expense $2,490
  • New Taxes Expense $2,187
  • Operating Expense $6,077
  • Gross Income $24,900
  • Net Operating Income $18,823

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Unit Info Average Monthly Rent Two Bedroom: 975.0
  • Unit Info Average Monthly Rent Three Bedroom: 1100.0
  • Horses: No
  • LotSizeAcres: 0.2
  • Lot Size: 53X181X51X166
  • Road Surface Type: Paved
  • CapRate: 6.36
  • Professional Management Expense: 2490.0
  • Supplies Expense: 600.0
  • Co List Office Mls Id: 498306
  • Co List Office Phone: 520-314-3255
  • Co List Office Mls Id: 498306
  • Subdivision Name: Pima Addition
  • Property Attached Yn: Yes
  • Location Tax Legal: Tax Year: 2020
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Duplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: 53X181X51X166
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Wright
  • General Property Information: Middle School: Doolen
  • General Property Information: High School: Catalina
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 150.51
  • General Property Information: Lot Size Price/SqFt: 33.86
  • Construction: Frame - Stucco: Yes
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Main Heating: Forced Air: Yes
  • Main Heating: Natural Gas: Yes
  • Water Heater: Natural Gas: Yes
  • Association Fees: HOA: No
  • Subdivision Restrict: CC&Rs: No
  • View: Mountains: Yes
  • PatioDeck: Patio: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Main Heating: Electric: Yes
  • Extra Room: Storage: Yes
  • Fence: Chain Link: Yes
  • Driveway: To Property Line: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • Construction: Masonry Stucco: Yes
  • Fence: Wood: Yes
  • General Property Information: Attached/Detached: Detached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Lot Features: North/South Exposure: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Technology: Pre-Wired Tele Lines: Yes
  • Living Areas: Great Room: Yes
  • Style: Contemporary: Yes
  • Style: Santa Fe: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Dishwasher
  • Kitchen Features: Gas Range: Yes
  • Laundry: Laundry Room: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Interior Features: Storage: Yes
  • Floor Covering: Ceramic Tile: Yes
  • Floor Covering: Carpet: Yes
  • Security: Window Bars: Yes
  • Window Covering: Some: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Living Areas: Living Room: Yes
  • Interior Features: Smoke Detector: Yes
  • Bathroom Features: Shower & Tub/Primary: Yes
  • Dining Areas: Dining in LR/GR: Yes
  • Bathroom Features: Shower & Tub/Hall: Yes
  • Dining Areas: Eat-In Kitchen: Yes
  • Kitchen Features: Dishwasher: Yes
  • Laundry: In Bathroom: Yes
  • Laundry: Dryer Included: Yes
  • Laundry: Washer Included: Yes
  • Bathroom Features: Shower Only/Primary: Yes

Exterior Features

  • Roof: Built-Up - Reflect, Shingle
  • View: Mountain(s)
  • Disclosures: Lead Based Paint
  • Construction Type: Frame - Stucco, Masonry Stucco
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Built-Up - Reflect: Yes
  • Roof: Shingle: Yes
  • Exterior Feature: Shed(s): Yes

Garage/Parking

  • RV Parking: Space Available: Yes
  • General Property Information: Total Parking: 4
  • Unit 2 Information: Parking: Carport

Utilities

  • Electric Electric Company: TEPCO
  • Utilities: Sewer Connected, Pre-Wired Tele Lines
  • Laundry Features: Dryer Included, Washer Included, Laundry Room, In Bathroom
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: Natural: Yes

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 600.0
  • Expenses Taxes Assessments: 2187.0

Schools

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

Lot Info

  • Lot Features: North/South Exposure
  • Lot Size Sq Ft: 8712.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1985

Rental Info

  • Utilities Paid Trash: Tenant

Tax Info

  • Tax Year: 2020
  • New Taxes Expense: 2187.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24900.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 18823.0
  • Annual Operating Expense: 6077.0

MLS Schools

  • Elementary School: Wright
  • High School: Catalina

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
Jan 26, 2021
Closed on
Mar 2, 2021
Sold by
Bought by
Seller's Agent
Dustin Allred
Realty Executives Arizona Territory
Buyer's Agent
Armando Tavares
Long Realty
List Price
$296,000
Sold Price
$296,000
Current Estimated Value
$336,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,675
Avg. Annual Appreciation
2.43%
Original Mortgage
$222,000
Outstanding Balance
$162,959
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$173,716

Purchase Details

Closed on
Dec 2, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,400
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,400
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,550
Interest Rate
7.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Signature Title Agency
$296,000 Signature Ttl Agcy Of Az Llc
-- None Available
$181,000 None Available
$181,800 Title Security
$168,000 --
$163,000 --
$125,000 --
$55,000 --
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 $222,000
Previous Owner $145,440
Previous Owner $145,400
Previous Owner $138,550
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
03/23/2021 03/23/21 Sold $296,000 0.0% $151 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $296,000 -- $151 / 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 $2,514 $22,629
2025 $2,514 $21,552
2024 $2,408 $20,525
2023 $2,257 $19,548 $0 $0
2022 $2,270 $16,295 $0 $0
2021 $2,256 $14,780 $0 $0
2020 $2,188 $14,780 $0 $0
2019 $2,159 $17,337 $0 $0
2018 $2,112 $12,768 $0 $0
2017 $2,100 $12,768 $0 $0
2016 $1,965 $12,160 $0 $0
2015 $1,965 $11,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22102131

MLS of Southern Arizona

APN: 122-04-0330

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