NOT LISTED FOR SALE

Estimated Value: $511,630 - $630,000

Studio
-- Bath
3,929 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $285,000 $73 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,234/month

16 Days on Market

About This Home

As of July 2017

4-PLEX IN CENTRAL TUCSON. 1 @ 3 BR / 2 BA, AND 3 @ 1 BR / 1BA. GREAT LOCATION, CLOSE TO SHOPPING ETC. ALL UNITS HAVE A/C. ROOF RECENTLY COATED. PROPERTY IS CHURCH OWNED. OWNER HAS KEPT UP WITH REPAIRS OVER THE PAST 15+ YEARS. THERE IS UPSIDE POTENTIAL ON THE RENTS. ALL UNITS SEPARATELY METERED FOR GAS / ELECTRICITY. THESE ARE LARGE UNITS - 1 BR / 1 BATH IS APPROX 750SF, AND 3 BR / 2 BA IS APPROX 1300SF. CALL TODAY FOR A VIEWING.

Last Agent to Sell the Property

George Hayduke

Westar Mortgage & Realty Corporation Listed on: 07/12/2017

Last Buyer's Agent

Scott Mehl

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,289

Year Built

  • Built in 1974

Lot Details

  • 0.53 Acre Lot

Home Design

  • 3,929 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • $3,263 special tax assessment

Community Details

Overview

  • Speedway Subdivision

Building Details

  • Fuel Expense $519
  • Insurance Expense $750
  • Professional Management Expense $1,928
  • Water Sewer Expense $2,527
  • Gross Income $27,600
  • Net Operating Income $13,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,289

Year Built

Built in 1974

Lot Details

0.53 Acres

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: FROM 121110630 / SPEEDWAY NO 2 S193' LOT2 BLK 8 LOT 0002 (11478/3485)
  • List Price per Sq Ft: 82.72
  • Unit Info Average Monthly Rent One Bedroom: 500.00
  • Unit Info Average Monthly Rent Three Bedroom: 800.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3929.00

Exterior Features

  • Construction: Brick

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 4698.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 519.00
  • Expenses Taxes Assessments: 3263.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.53
  • Lot Dimensions: IRREGULAR
  • Lot Size Price Sq Ft: 14.08
  • Lot Sq Ft: 23087.00
  • Lot Sz Sold Prc Sq Ft: 12.34
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1974

Tax Info

  • Tax Code: 121-11-063B
  • Taxes: 3289.07
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 22, 2017
Sold by
Arizona Conference Corporation Of Sevent
Bought by
Mejia Patricia G
Seller's Agent
George Hayduke
Westar Mortgage & Realty Corporation
Buyer's Agent
Scott Mehl
Realty Executives Arizona Territory
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$577,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,658
Avg. Annual Appreciation
8.55%
Original Mortgage
$213,750
Outstanding Balance
$176,642
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$401,017
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
Mejia Patricia G $285,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Patricia G $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $285,000 0.0% $73 / Sq Ft
07/12/2017 07/12/17 For Sale $285,000 -- $73 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,207 $25,460 -- --
2025 $3,207 $24,247 -- --
2024 $2,903 $23,093 -- --
2023 $2,903 $21,993 $0 $0
2022 $2,917 $20,946 $0 $0
2021 $2,900 $18,999 $0 $0
2020 $2,812 $27,884 $0 $0
2019 $2,775 $19,610 $0 $0
2018 $2,714 $19,489 $0 $0
2017 $3,205 $19,489 $0 $0
2016 $3,289 $19,489 $0 $0
2015 $3,236 $18,859 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21718667

MLS of Southern Arizona

APN: 121-11-063B

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