NOT LISTED FOR SALE

4541 E Montecito St Tucson, AZ 85711

Toumey Park Neighborhood

Estimated Value: $296,000 - $461,819

5 Beds
2 Baths
1,754 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $265,000 $151 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,959/month

64 Days on Market

Highlights

  • Ranch Style House
  • Bathtub with Shower
  • Living Room
  • Eat-In Kitchen
  • Patio
  • 3-minute walk to Merle J. Toumey Park

About This Home

As of September 2021

Well maintained, always occupied duplex is ready for new buyer. One unit is a 2 bed/1 bath at about 784 square feet with the second unit slightly larger at 1000 square feet with 3 Bed/1 bath. Both units have fenced in yards and include washer/dryer hookups for tenants convenience. This well-built duplex will earn you consistent income for years to come. Existing leases are $800/$700 with under-market rent for long-term tenants. Owner is licensed to sell real estate in the state of Arizona.

Last Agent to Sell the Property

Robert Hehli

Peak Realty Investments Listed on: 07/01/2021

Co-Listed By

Jill Wheatley

Peak Realty Investments

Last Buyer's Agent

Joshua Stanley

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 121 x 79
  • Property fronts an alley
  • Chain Link Fence
  • Desert Landscape

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,754 Sq Ft Home
  • Living Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range

Parking

  • No Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Location

  • Ground Level
  • Flood Zone Lot

Schools

  • Bonillas Elementary School
  • Vail Middle School
  • Rincon High School

Utilities

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

Listing and Financial Details

  • $1,325 special tax assessment

Community Details

Building Details

  • Insurance Expense $645
  • Professional Management Expense $10
  • Gross Income $19,800
  • Net Operating Income $17,820

Additional Features

  • Linden Park Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,325

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: LINDEN PARK LOT 14 BLK 38
  • Attached Detached: Attached
  • List Price per Sq Ft: 151.08
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1754.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Gas Range
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: Yes
  • Fence: Chain Link
  • Landscape Front: Natural Desert
  • Landscape Rear: Natural Desert
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1325.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.22
  • Lot Dimensions: 121 X 79
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 27.65
  • Lot Sq Ft: 9583.00
  • Lot Sz Sold Prc Sq Ft: 27.65
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: Yes

Building Info

  • Year Built: 1951

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

Tax Info

  • Tax Code: 126-13-3140
  • Taxes: 1325.25
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Bonillas
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 1, 2021
Sold by
Serie Llc
Bought by
Alvarez Alejandro and Lindemann Andra L
Seller's Agent
Robert Hehli
Peak Realty Investments
Buyer's Agent
Joshua Stanley
Coldwell Banker Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$347,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,455
Avg. Annual Appreciation
6.44%
Original Mortgage
$260,200
Outstanding Balance
$236,409
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$111,046

Purchase Details

Closed on
May 26, 2016
Sold by
Boyle Karen S
Bought by
Serie Llc

Purchase Details

Closed on
Oct 4, 2001
Sold by
Rohr John E and Rohr Marjorie J
Bought by
Boyle Dennis E and Boyle Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Alvarez Alejandro $265,000 Fidelity Natl Ttl Agcy Inc
Serie Llc $74,477 Fidelity Natl Title Agency I
Serie Llc $74,477 Fidelity Natl Title Agency I
Boyle Dennis E $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Alejandro $260,200
Previous Owner Boyle Dennis E $77,600
Closed Boyle Dennis E $14,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $265,000 0.0% $151 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $265,000 -- $151 / 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 $1,729 $14,818 -- --
2024 $1,367 $14,112 -- --
2023 $1,367 $10,364 -- --
2022 $1,375 $9,870 $0 $0
2021 $1,367 $8,953 $0 $0
2020 $1,325 $11,985 $0 $0
2019 $1,308 $10,491 $0 $0
2018 $1,279 $7,734 $0 $0
2017 $1,272 $7,734 $0 $0
2016 $1,248 $7,365 $0 $0
2015 $1,210 $7,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Hehli

    Peak Realty Investments

  • J

    Seller Co-Listing Agent in 2021

    Jill Wheatley

    Peak Realty Investments

  • J

    Buyer's Agent in 2021

    Joshua Stanley

    Coldwell Banker Realty

  • t

    Buyer's Agent in 2021

    tar.rets.56271

    tar.rets.RETS_OFFICE

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Map

Source: MLS of Southern Arizona

MLS Number: 22116901

MLS of Southern Arizona

APN: 126-13-3140

Arizona Pima County Tucson 85711 Toumey Park

4541 E Montecito St, Tucson, AZ

Not Listed for Sale

MultiFamily

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