NOT LISTED FOR SALE

Estimated Value: $341,000 - $410,000

6 Beds
4 Baths
2,000 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $353,750 $177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,103/month

201 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Double Pane Windows
  • Solid Surface Bathroom Countertops
  • Eat-In Kitchen
  • 5-minute walk to Seminole Park

About This Home

As of May 2023

Great opportunity! Fully rented income property with room for cap rate growth. Check out this fantastic duplex in Tucson! 3 parking spaces and mature trees galore. Light & bright interior features an inviting living room, sizable bedrooms, and neutral palette & tile flooring throughout. Cook your favorite dishes in the fully equipped eat-in kitchen, including plenty of cabinets & counter space. You'll love the roomy main bedroom boasting a private ensuite for added comfort. The backyard has a wood fence and a covered patio, ideal for relaxing evenings. Don't wait! (Additional duplex available 507 N Cherokee Ave).

Last Agent to Sell the Property

Oscar Duarte

Keller Williams Southern Arizona Listed on: 10/19/2022

Co-Listed By

Krista Wells

Keller Williams Southern Arizona

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 41x150x57x150
  • Lot includes common area
  • East or West Exposure
  • Wood Fence
  • Landscaped with Trees
  • Subdivision Possible

Home Design

  • Duplex
  • Ranch Style House
  • Frame With Stucco
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Prep Sink
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Solid Surface Bathroom Countertops
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Location

  • Ground Level
  • Flood Zone Lot

Schools

  • Manzo Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • El Rio Park Subdivision

Building Details

  • Maintenance Expense $50
  • Professional Management Expense $1,780
  • Gross Income $1,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,297

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: El Rio Park Lot 16 Block 26
  • Attached Detached: Attached
  • List Price per Sq Ft: 185.00
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units3 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2000.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Hall Countertops: Solid surface
  • Primary Bathroom Countertops: Solid surface
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Other
  • Kitchen Features Countertops: Laminate
  • Kitchen Features Oven: 1
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Prep Sink
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block, Frame - Stucco
  • Construction Siding: Yes
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: Yes
  • Fence: Wood
  • Landscape Front: Decorative Gravel, Trees
  • Landscape Rear: Decorative Gravel, Trees
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 3

Utilities

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

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None
  • Neighborhood Features Green Valley Rec: No

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 49.60

Schools

  • School District: TUSD
  • Elementary School: Manzo
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 41x150x57x150
  • Lot Features: Borders Common Area, Dividable Lot, East/West Exposure
  • Lot Size Price Sq Ft: 49.97
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 47.77
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: Yes

Building Info

  • Year Built: 2004

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 116-12-6270
  • Taxes: 1296.94
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Manzo
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
May 8, 2023
Sold by
Adam Steven R
Bought by
Alex I Hsu Living Trust
Seller's Agent
Oscar Duarte
Keller Williams Southern Arizona
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$370,000
Sold Price
$353,750
Premium/Discount to List
-$16,250
-4.39%
Views
137
Current Estimated Value
$374,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,106
Avg. Annual Appreciation
0.55%
Original Mortgage
$265,312
Outstanding Balance
$259,367
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$98,774

Purchase Details

Closed on
Oct 9, 2008
Sold by
Barghout Nader E and Barghout Shawn R
Bought by
Adam Steven R

Purchase Details

Closed on
Dec 28, 2004
Sold by
Salsa Homes Llc
Bought by
Barghout Nader E and Barghout Shawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2004
Sold by
Hanna Violet B and Hanna David W
Bought by
Salsa Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
5.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2003
Sold by
Hanna Violet B and Hanna David W
Bought by
Hanna Violet B and Hanna David W
Source: Public Records

Range of Values:

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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
Alex I Hsu Living Trust $353,750 First Integrity Title
Adam Steven R $170,000 Tfnti
Barghout Nader E -- --
Barghout Nader E -- --
Salsa Homes Llc $30,000 --
Hanna Violet B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alex I Hsu Living Trust $265,312
Previous Owner Barghout Nader E $132,500
Previous Owner Salsa Homes Llc $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $353,750 -4.4% $177 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $370,000 -- $185 / 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 $1,368 $10,267 -- --
2023 $1,291 $9,778 $0 $0
2022 $1,297 $9,312 $0 $0
2021 $1,290 $8,447 $0 $0
2020 $1,250 $8,916 $0 $0
2019 $1,234 $8,550 $0 $0
2018 $1,207 $7,296 $0 $0
2017 $1,200 $7,296 $0 $0
2016 $1,242 $7,328 $0 $0
2015 $1,269 $7,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22227056

MLS of Southern Arizona

APN: 116-12-6270