NOT LISTED FOR SALE

Estimated Value: $258,318 - $482,000

-- Bed
2 Baths
3,739 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $227,500 $61 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,222/month

301 Days on Market

About This Home

As of July 2012

FOUR separate brick homes. All are 2 bedroom / 2 baths. $700 each. Separate yards, 1 car carports. With $30k down Owner Will Carry at 5% interest for 15 years amoritization & 7 year balloon. Rent the back two homes for the payment rent one for profit and live in other home for FREE.

Last Agent to Sell the Property

Rob Lamb

Long Realty Listed on: 09/23/2011

Long Realty

Last Buyer's Agent

Rob Lamb

Holladay Property Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 120 x 284

Home Design

  • 3,739 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • $3,488 special tax assessment

Community Details

Overview

  • Mitman Subdivision

Building Details

  • Fuel Expense $450
  • Water Sewer Expense $2,980
  • Gross Income $30,720
  • Net Operating Income $23,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,745

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Mitman W2 of Lot 7 exc N16' Blk 1 and E2 of Lot 7 Exc N16' blk 1
  • List Price per Sq Ft: 70.87
  • Unit Info Average Monthly Rent Two Bedroom: 665.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3739.00

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: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 450.00
  • Expenses Taxes Assessments: 3488.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.80
  • Lot Dimensions: 120 x 284
  • Lot Size Price Sq Ft: 7.79
  • Lot Sq Ft: 34000.00
  • Lot Sz Sold Prc Sq Ft: 6.69
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1960

Tax Info

  • Tax Code: 127-02-241A
  • Taxes: 1744.73
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Wood Michael J
Bought by
Lost Lake Management Llc
Current Estimated Value
$373,080

Purchase Details

Closed on
May 13, 2022
Sold by
Villa Wood Leticia Melody
Bought by
Wood Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,600
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2020
Sold by
Wood Leticia Melody Villa and Villa Leticia Melody
Bought by
Wood Michael J

Purchase Details

Closed on
Aug 16, 2017
Sold by
Sircy Alton and Sircy Elizabeth
Bought by
Wood Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Brooks D Fayette and Brooks Frank Dow
Bought by
Lamb Rob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.48%
Mortgage Type
Seller Take Back
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
Lost Lake Management Llc $450,000 Fidelity National Title Agency
Wood Michael J -- Title Security Agency
Wood Michael J -- None Available
Wood Michael $141,000 Catalina Title Agency
Lamb Rob $200,000 Longt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Michael $12,000
Previous Owner Wood Michael J $271,600
Previous Owner Wood Michael $105,750
Previous Owner Lamb Rob $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $227,500 +1.1% $61 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $225,000 -- $60 / 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 $1,937 $15,271 -- --
2023 $1,937 $14,577 -- --
2022 $1,933 $13,882 $0 $0
2021 $1,937 $12,944 $0 $0
2020 $1,916 $12,944 $0 $0
2019 $1,957 $12,757 $0 $0
2018 $1,924 $11,631 $0 $0
2016 $1,975 $11,631 $0 $0
2015 $1,973 $11,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21124985

MLS of Southern Arizona

APN: 127-02-242A