NOT LISTED FOR SALE

Estimated Value: $219,075 - $297,000

-- Bed
2 Baths
1,564 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $65,000 $42 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,584/month

361 Days on Market

About This Home

As of July 2012

Great Investment Opportunity, tenant already in place paying $650 lease through 12/31/11 and want to continue to rent. 3BR home with living room/separate family room, nice kitchen, huge master bedroom. Evaporative cooler replaced 3/2011.

Last Agent to Sell the Property

Cathy Erchull

Tierra Antigua Realty Listed on: 07/28/2011

Last Buyer's Agent

Matthew Dempsey

3-D Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,957 Sq Ft Lot

Home Design

  • 1,564 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,666 special tax assessment

Community Details

Overview

  • Mayfair Terrace Subdivision

Building Details

  • Insurance Expense $600
  • Gross Income $7,800
  • Net Operating Income $5,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Mayfair Terrace Lot 286
  • List Price per Sq Ft: 47.89
  • Unit Info Average Monthly Rent Three Bedroom: 650.00
  • Unit Info Number Of Units3 B R: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1564.00
  • Interior Steps: Yes

Exterior Features

  • Construction: Brick

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 380.00
  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1665.90

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.16
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 10.77
  • Lot Sq Ft: 6957.00
  • Lot Sz Sold Prc Sq Ft: 9.34
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1958

Tax Info

  • Tax Code: 131-04-2840
  • Taxes: 1665.92
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Grand Am 4 Llc
Bought by
Alto Asset Company 1 Llc
Current Estimated Value
$267,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,937,000
Outstanding Balance
$394,121,020
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
-$393,838,429

Purchase Details

Closed on
Oct 20, 2017
Sold by
Thpi Acquisition Holdings Llc
Bought by
Grand Am 4 Llc

Purchase Details

Listed on
Jul 28, 2011
Closed on
Jul 27, 2012
Sold by
Hernandez Alberto Cardenas
Bought by
Thpi Acquisition Holdings Llc
Seller's Agent
Cathy Erchull
Tierra Antigua Realty
Buyer's Agent
Matthew Dempsey
3-D Brokerage
List Price
$94,900
Sold Price
$65,000
Premium/Discount to List
-$29,900
-31.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Apr 27, 2006
Sold by
G & G Financial Inc
Bought by
Hernandez Alberto Cardenas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
Dorame Celeste A
Bought by
G & G Financial Inc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Dorame Ralph
Bought by
Dorame Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Dorame Mark
Bought by
Dorame Celeste A and Dorame Ralph

Purchase Details

Closed on
Apr 10, 2001
Sold by
Dorane Mark
Bought by
Dorane Celeste and Dorane Ralph
Source: Public Records

Range of Values:

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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
Alto Asset Company 1 Llc $7,225,351 Bchh Inc
Alto Asset Company 1 Llc $7,225,351 Bchh Inc
Grand Am 4 Llc $718,873 None Available
Thpi Acquisition Holdings Llc $65,000 Tstti
Hernandez Alberto Cardenas $142,000 Ttiga
Hernandez Alberto Cardenas -- Title Guaranty
Hernandez Alberto Cardenas $142,000 Ttiga
G & G Financial Inc $96,083 --
Dorame Celeste -- --
Dorame Celeste -- --
Dorame Celeste A -- --
Dorane Celeste -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alto Asset Company 1 Llc $442,937,000
Closed Alto Asset Company 1 Llc $442,937,000
Previous Owner Hernandez Alberto Cardenas $99,400
Previous Owner Dorame Celeste $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $65,000 -31.5% $42 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/28/2011 07/28/11 For Sale $94,900 -- $61 / 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
2024 $1,440 $10,804 -- --
2023 $1,365 $10,289 $0 $0
2022 $1,365 $9,799 $0 $0
2021 $1,357 $8,888 $0 $0
2020 $1,316 $8,888 $0 $0
2019 $1,298 $11,831 $0 $0
2018 $1,270 $7,678 $0 $0
2017 $1,263 $7,678 $0 $0
2016 $1,219 $7,312 $0 $0
2015 $1,182 $6,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21120155

MLS of Southern Arizona

APN: 131-04-2840