NOT LISTED FOR SALE

Estimated Value: $205,000 - $282,000

Studio
2 Baths
1,166 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $115,000 $99 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,535 / mo

58 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Breakfast Area or Nook
  • Secondary bathroom tub or shower combo
  • No HOA
  • Beamed Ceilings

About This Home

As of August 2018

Great investment opportunity! Charming 2plex close to the U of A, Reid Park Zoo & medical centers! Both units have 1 bed, 1 bath, full kitchen, exposed beam ceilings, dual pane windows, ceiling fans, updated baths, W/D hookups & tile floors. Note: Unit 5122- Rent is $550 w/ no sec deposit. Unit 5124- Rent is $550 w/ a $550 sec deposit. Tenants pay their own electric & gas. Owner pays water, sewer, & trash- averages $60/mo. Electric & gas are separately metered, water is on 1 meter. The tenants have the option to opt out of their current leases within 60 days of COE. If they decide to stay the new owner must honor existing leases. Unit 5122's lease is through 5/31/19. Unit 5124's lease is through 7/1/21. Both tenants hope to stay & renew.

Last Agent to Sell the Property

Anthony Boatner

Keller Williams Southern Arizona License #SA546201000 Listed on: 07/04/2018

Keller Williams Southern Arizona

Last Buyer's Agent

Marsee Wilhems

Long Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,970

Home Design

  • Duplex
  • Ranch Style House
  • Rolled or Hot Mop Roof
  • Concrete Block And Stucco Construction
  • Lead Paint Disclosure

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 1,166 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Ceramic Tile Flooring
  • Exposed Ceiling
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Whitmore Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • 6,970 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • $1,601 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Building Details

  • Insurance Expense $500
  • Maintenance Expense $150
  • Water Sewer Expense $720
  • New Taxes Expense $1,601
  • Operating Expense $2,971
  • Gross Income $13,200
  • Net Operating Income $10,229

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Horses: No
  • LotSizeAcres: 0.16
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 8.89
  • Supplies Expense: 150.0
  • Co List Office Mls Id: 478313
  • Subdivision Name: Avondale
  • Location Tax Legal: Tax Year: 2017
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - C1
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Duplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: Irregular
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Whitmore
  • General Property Information: Middle School: Doolen
  • General Property Information: High School: Catalina
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 98.63
  • General Property Information: Lot Size Price/SqFt: 16.5
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Water Heater: Natural Gas: Yes
  • Association Fees: HOA: No
  • Subdivision Restrict: CC&Rs: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Driveway: To Property Line: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Technology: Cable TV: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Construction: Concrete Block: Yes
  • Main Cooling: Evaporative Cooling: Yes
  • Style: Ranch: Yes
  • Breakfast: Area: Yes
  • Living Areas: Great Room: Yes
  • Main Heating: Wall Furnace: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Interior Steps: No
  • Appliances: Gas Range, Refrigerator
  • Kitchen Features: Gas Range: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Floor Covering: Ceramic Tile: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Dining Room: Area: Yes
  • Laundry: Outside: Yes
  • Bathroom Features: Shower & Tub/Hall: Yes
  • Dining Areas: Eat-In Kitchen: Yes
  • Interior Features: Beamed Ceilings: Yes

Exterior Features

  • ExteriorFeatures: None
  • Roof: Rolled
  • View: None
  • Construction Type: Concrete Block
  • Patio And Porch Features: None
  • Roof: Rolled: Yes

Garage/Parking

  • General Property Information: Total Parking: 2
  • Unit 2 Information: Parking: On Property

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other, Outside
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: Natural: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 150.0
  • Expenses Taxes Assessments: 1601.45
  • Annual Water Sewer Expense: 720.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Subdivided, Decorative Gravel
  • Lot Size Sq Ft: 16.0
  • Zoning: Tucson - C1

Building Info

  • Year Built: 1952

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2017
  • New Taxes Expense: 1601.45

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0
  • Insurance Expense: 500.0
  • Property Net Operating Income: 10228.55
  • Annual Operating Expense: 2971.45

MLS Schools

  • Elementary School: Whitmore
  • High School: Catalina

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Aug 24, 2018
Sold by
Bought by
Seller's Agent
Anthony Boatner
Keller Williams Southern Arizona
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$251,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,163
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Jan 9, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,625
Interest Rate
0.0446%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
0.061%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
0.0629%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
0.0629%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 Signature Title Agency Of Ar
$79,500 Catalina Title Agency
$55,000 Catalina Title Agency
$120,000 Ttise
$101,000 Ttise
-- Title Guaranty
$91,000 Title Guaranty
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $80,500
Previous Owner $59,625
Previous Owner $90,000
Previous Owner $91,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $115,000 0.0% $99 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $115,000 -- $99 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,867 $14,818
2025 $1,867 $14,112
2024 $1,690 $13,440
2023 $1,690 $12,800 $0 $0
2022 $1,698 $12,191 $0 $0
2021 $1,688 $11,057 $0 $0
2020 $1,637 $12,007 $0 $0
2019 $1,615 $11,060 $0 $0
2018 $1,580 $9,737 $0 $0
2017 $1,601 $9,737 $0 $0
2016 $1,641 $9,737 $0 $0
2015 $1,662 $9,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21818412

MLS of Southern Arizona

APN: 121-12-358A

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