NOT LISTED FOR SALE

4640 E Fairmount St Tucson, AZ 85712

Midtown Tucson Neighborhood
Studio
-- Bath
4,200 Sq Ft
0.82 Acres

Last Sold September 01, 2015

Last sale price $350,000 $83 Per Sq Ft

96 Days on Market

About This Home

As of September 2015

Owner carry opportunity with excellent terms! 6-one bedroom units and 1-two bedroom home plus a separate office which can easily be converted into an additional 1 bedroom unit. Income potential as well as room for expansion, 4 additional units may be added to the property. Centrally located, near major bus lines andall services. Pool sold AS-IS.

Last Agent to Sell the Property

Maureen Thompson

Integra Group Real Estate, LLC Listed on: 03/20/2015

Co-Listed By

Bruce Thompson

Integra Group Real Estate, LLC

Last Buyer's Agent

Maureen Thompson

Integra Group Real Estate, LLC Listed on: 03/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1951

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 120 x 300

Home Design

  • 4,200 Sq Ft Home

Utilities

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

Listing and Financial Details

  • $3,789 special tax assessment

Community Details

Overview

  • Speedway Addition Subdivision

Building Details

  • Fuel Expense $144
  • Insurance Expense $3,600
  • Water Sewer Expense $1,680
  • Gross Income $39,600
  • Net Operating Income $29,667

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,789

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Speedway Lot 9 Block 8
  • List Price per Sq Ft: 90.48
  • Unit Info Average Monthly Rent One Bedroom: 450.00
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units1 B R: 6
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4200.00

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 Gas Electric: 144.00
  • Expenses Other Expenses: 720.00
  • Expenses Taxes Assessments: 3789.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.82
  • Lot Dimensions: 120 x 300
  • Lot Size Price Sq Ft: 10.64
  • Lot Sq Ft: 35719.00
  • Lot Sz Sold Prc Sq Ft: 9.80
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1951

Tax Info

  • Tax Code: 122-12-1420
  • Taxes: 3789.40
  • Tax Year: 2014

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $350,000 0.0% $83 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $350,000 -- $83 / 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 $4,725 $35,723 -- --
2024 $4,273 $34,022 -- --
2023 $4,273 $32,402 -- --
2022 $4,298 $30,859 $0 $0
2021 $4,273 $27,990 $0 $0
2020 $4,143 $27,989 $0 $0
2019 $4,138 $26,977 $0 $0
2018 $4,255 $25,724 $0 $0
2017 $4,231 $25,724 $0 $0
2016 $4,085 $24,499 $0 $0
2015 $4,029 $23,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Maureen Thompson

    Integra Group Real Estate, LLC

  • B

    Seller Co-Listing Agent in 2015

    Bruce Thompson

    Integra Group Real Estate, LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21508596

MLS of Southern Arizona

APN: 122-12-1420

Arizona Pima County Tucson 85712 Midtown Tucson

4640 E Fairmount St, Tucson, AZ

Not Listed for Sale

MultiFamily

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