NOT LISTED FOR SALE

Estimated Value: $305,612 - $382,000

-- Bed
3 Baths
1,399 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $182,000 $130 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,103/month

38 Days on Market

About This Home

As of March 2016

Amazing University of Arizona investment property with proven rental history and fantastic return! Ideal for experienced or first time investor looking for an incredible return. The property has been professionally managed and rented at $1,800 per month for the past five years, there has been NO VACANCY LOSS. The home offers 4 bedrooms and 3 bathrooms huge two car garage and an enclosed backyard

Last Listed By

Stephen McNair-Larese

Keller Williams Southern Arizona Listed on: 02/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1965

Lot Details

  • 6,895 Sq Ft Lot
  • Lot Dimensions are 47 x 151 x 44 x 150

Home Design

  • 1,399 Sq Ft Home

Utilities

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

Community Details

Overview

  • Bronx Park Addition Subdivision

Building Details

  • Professional Management Expense $169
  • Gross Income $1,800
  • Net Operating Income $1,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Bronx Park Lot 9 Blk 50
  • List Price per Sq Ft: 133.67
  • Miscellaneous Package Available: Yes
  • Unit Info Avg Mo Rent Other: 1800.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1399.00

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.16
  • Lot Dimensions: 47 X 151 X 44 X 150
  • Lot Size Price Sq Ft: 27.12
  • Lot Sq Ft: 6895.00
  • Lot Sz Sold Prc Sq Ft: 26.40
  • Municipality Zoning: Tucson - NR2

Building Info

  • Year Built: 1965

Tax Info

  • Tax Code: 115-07-1800
  • Taxes: 2422.71
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2017
Sold by
Grevers Matthew and Grevers Annie
Bought by
Ragnar Real Estate Llc
Total Days on Market
38
Current Estimated Value
$345,903

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 18, 2016
Sold by
Rapport Kevin
Bought by
Grevers Matthew and Grevers Annie
Seller's Agent
Stephen McNair-Larese
Keller Williams Southern Arizona
Buyer's Agent
Jake Arnold
Keller Williams Southern Arizona
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Nov 3, 2010
Sold by
Federal National Mortgage Association
Bought by
Rapport Kevin

Purchase Details

Closed on
Jun 28, 2010
Sold by
Skoczen Aaron P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 10, 2005
Sold by
Skoczen Gina Aleen
Bought by
Skoczen Aaron Peter

Purchase Details

Closed on
Jan 28, 2005
Sold by
Gross Eriks and Gross Pauline J
Bought by
Skoczen Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 1999
Sold by
Ross Margi
Bought by
Gross Erik S and Gross Pauline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1997
Sold by
Mora Dolores C and Ortiz Mercedes A
Bought by
Ross Margi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.07%
Mortgage Type
New Conventional

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
Ragnar Real Estate Llc -- None Available
Ragnar Real Estate Llc -- None Available
Grevers Matthew $182,000 Catalina Title Agency
Grevers Matthew $182,000 Catalina Title Agency
Rapport Kevin -- Servicelink
Rapport Kevin -- Servicelink
Federal National Mortgage Association $186,274 Tfnti
Skoczen Aaron Peter -- --
Skoczen Aaron $132,000 --
Skoczen Aaron -- --
Skoczen Aaron -- --
Skoczen Aaron $132,000 --
Gross Erik S $70,000 Chicago Title Insurance Comp
Ross Margi $60,000 Chicago Title Insurance Co
Mora Dolores C $60,000 Chicago Title Insurance Co
Lamoureux Shelley $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapport Kevin $102,000
Previous Owner Skoczen Aaron P $160,000
Previous Owner Skoczen Aaron P $30,000
Previous Owner Skoczen Aaron $105,600
Previous Owner Gross Erik S $63,000
Previous Owner Ross Margi $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $182,000 0.0% $130 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $182,000 -- $130 / 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 $1,999 $15,899 -- --
2023 $1,999 $15,142 $0 $0
2022 $2,009 $14,421 $0 $0
2021 $2,782 $18,225 $0 $0
2020 $2,698 $18,225 $0 $0
2019 $2,662 $20,915 $0 $0
2018 $2,604 $15,744 $0 $0
2017 $2,589 $15,744 $0 $0
2016 $2,500 $14,994 $0 $0
2015 $2,423 $14,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21603598

MLS of Southern Arizona

APN: 115-07-1800