NOT LISTED FOR SALE

Estimated Value: $454,000 - $831,000

6 Beds
6 Baths
3,560 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $450,500 $127 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,255/month

70 Days on Market

Highlights

  • The property is located in a historic district
  • Vaulted Ceiling
  • Covered patio or porch
  • Solar Power System
  • Great Room
  • Breakfast Area or Nook

About This Home

As of April 2019

Located in the West University Historic District. Designed and built by Milestone Homes with the highest quality standards earning the TEP Energy Star Program. Both units are two story with three bdrms, two and a half baths, 1780 sqft with well-designed floor plans. Vaulted ceilings, fully equipped kitchens, polished concrete floors, master bedroom with a private bath, fully equipped laundry closet, half bath just off the great room, walk in closets, solid core panel interior doors, wood frame low E dual pane windows and wood slat blinds. Gated and fenced yards, off street parking and outside storage for each unit. Tenants pay all utilities. The property has had no vacancy for over four years. Marketing brochure under documents sec

Last Listed By

David Walsh

Better Homes & Gardens Real Es Listed on: 02/15/2019

Better Homes & Gardens Real Es

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 65x95
  • East or West Exposure
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 3,560 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Great Room
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Parking Pad

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $2,716 special tax assessment

Community Details

Overview

  • Tucson Subdivision

Building Details

  • Insurance Expense $807
  • Maintenance Expense $1,550
  • Professional Management Expense $3,520
  • Gross Income $42,000
  • Net Operating Income $33,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,716

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: From Parcel:117043330 /Tucson W92.4' Lot 7 Blk 64
  • Attached Detached: Attached
  • List Price per Sq Ft: 140.17
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Three Bedroom: 1750.00
  • Unit Info Number Of Units3 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Storage, Vaulted Ceilings, Walk In Closets
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Concrete
  • Gross Sq Ft: 3560.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Microwave: builtin
  • Living Areas: Great Room, Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence Other: Metal
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Historic

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1550.00
  • Expenses Taxes Assessments: 2716.00

Schools

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

Green Features

  • Green Features: Energy Star Air Pkg, Energy Star Appliance, Energy Star Qualified, Energy Star Windows, Kit Exhaust Out, Low E DP Windows, Solar PV System

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: 65X95
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 81.83
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 73.88
  • Municipality Zoning: Tucson - HR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2005

Rental Info

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

Tax Info

  • Tax Code: 117-04-333B
  • Taxes: 2716.50
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Andy Hong
Bought by
522 North 2Nd Avenue Trust
Total Days on Market
70
Current Estimated Value
$723,743

Purchase Details

Closed on
Aug 14, 2020
Sold by
Hong Andy and 522 North 2Nd Avenue Trust
Bought by
Hong Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Coons Clint and 522 North 2Nd Avenue Trust
Bought by
Hong Andy and 522 North 2Nd Avenue Trust

Purchase Details

Closed on
Nov 14, 2019
Sold by
Hong Andy
Bought by
Coons Clint

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 26, 2019
Sold by
Archangeli Dante and Archangeli Diana
Bought by
Hong Andy
Seller's Agent
David Walsh
Better Homes & Gardens Real Es
Buyer's Agent
Danny Little
Tierra Antigua Realty
List Price
$450,500
Sold Price
$450,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$337,875
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Milestone Corp
Bought by
Archangeli Dante and Archangeli Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.74%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2003
Sold by
Pueblo Management Services Inc
Bought by
Milestone Corp

Purchase Details

Closed on
Jul 16, 2001
Sold by
Stokes Theodore J and Stokes Susan F
Bought by
Pueblo Management Services Inc

Purchase Details

Closed on
Feb 25, 1995
Sold by
Easley Robert Franklin and Easley Virginia Viola
Bought by
Stokes Theodore J and Stokes Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back

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
522 North 2Nd Avenue Trust -- None Listed On Document
522 North 2Nd Avenue Trust -- None Listed On Document
Hong Andy -- Premier Title Agency
Hong Andy -- None Available
Coons Clint -- None Available
Hong Andy $450,500 Fidelity Natl Ttl Agcy Inc
Archangeli Dante -- --
Archangeli Dante -- --
Milestone Corp $71,000 --
Milestone Corp $71,000 --
Pueblo Management Services Inc $50,000 --
Stokes Theodore J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Andy $337,500
Previous Owner Hong Andy $337,875
Previous Owner Archangeli Dante $255,000
Previous Owner Stokes Theodore J $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $450,500 0.0% $127 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $450,500 0.0% $127 / Sq Ft
06/01/2018 06/01/18 Rented $1,750 0.0% --
05/02/2018 05/02/18 Under Contract -- -- --
03/14/2018 03/14/18 For Rent $1,750 -- --
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 $2,919 $23,241 -- --
2023 $2,919 $22,134 -- --
2022 $2,936 $21,080 $0 $0
2021 $2,919 $19,120 $0 $0
2020 $2,830 $46,930 $0 $0
2019 $2,793 $41,960 $0 $0
2018 $2,732 $16,517 $0 $0
2016 $2,643 $15,730 $0 $0
2015 $2,562 $14,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 21904740

MLS of Southern Arizona

APN: 117-04-333B