NOT LISTED FOR SALE

Estimated Value: $353,062 - $893,000

Studio
-- Bath
4,007 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $462,500 $115 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,635/month

403 Days on Market

Highlights

  • 0.33 Acre Lot
  • Evaporated cooling system
  • 5-minute walk to Iron Horse Park

About This Home

As of February 2017

Estate Sale on 3 duplexes, 1 house and 1 studio. Long time owners. All units need updating. All leases month to month. Drive by only. Interior inspections with contract. Sold as package only. Zoned C-3

Last Agent to Sell the Property

Dale Bidegain

Bidegain Realty, Inc. Listed on: 12/28/2015

Last Buyer's Agent

Dale Bidegain

Bidegain Realty, Inc. Listed on: 12/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,878

Year Built

  • Built in 1903

Lot Details

  • 0.33 Acre Lot

Home Design

  • 4,007 Sq Ft Home
  • Masonry

Utilities

  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • $6,878 special tax assessment

Community Details

Overview

  • Other/Unknown Subdivision

Building Details

  • Fuel Expense $881
  • Water Sewer Expense $3,923
  • Gross Income $30,084
  • Net Operating Income $17,042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,878

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Long Legals-4 Parcels
  • List Price per Sq Ft: 124.53
  • Unit Info Average Monthly Rent One Bedroom: 340.00
  • Unit Info Average Monthly Rent Studios: 275.00
  • Unit Info Number Of Units1 B R: 6
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4007.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Evaporative Cooling, Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 1360.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 881.00
  • Expenses Taxes Assessments: 6878.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.33
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 34.71
  • Lot Sq Ft: 14375.00
  • Lot Sz Sold Prc Sq Ft: 32.17
  • Municipality Zoning: Tucson - C3

Building Info

  • Year Built: 1903

Tax Info

  • Tax Code: 117-06-0350
  • Taxes: 6878.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Armory Park Historic Holdings Llc
Bought by
Armory Park Apartments Llc
Current Estimated Value
$473,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,555
Outstanding Balance
$625,096
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
-$43,742

Purchase Details

Listed on
Dec 28, 2015
Closed on
Jan 31, 2017
Sold by
Werner Jarnes Robert
Bought by
Armory Park Historic Holdings Llc
Seller's Agent
Dale Bidegain
Bidegain Realty, Inc.
Buyer's Agent
Dale Bidegain
Bidegain Realty, Inc.
List Price
$462,500
Sold Price
$462,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armory Park Apartments Llc $1,210,000 Title Security Agency Llc
Armory Park Apartments Llc $1,210,000 Title Security Agency Llc
Armory Park Historic Holdings Llc $462,500 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armory Park Apartments Llc $709,555
Closed Armory Park Apartments Llc $709,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $462,500 0.0% $115 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/28/2015 12/28/15 For Sale $462,500 -- $115 / 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
2025 $1,909 $14,432 -- --
2024 $1,831 $13,744 -- --
2023 $1,728 $13,090 $0 $0
2022 $1,736 $12,467 $0 $0
2021 $1,726 $11,308 $0 $0
2020 $1,674 $16,025 $0 $0
2019 $1,652 $12,595 $0 $0
2018 $2,097 $12,518 $0 $0
2017 $2,059 $12,518 $0 $0
2016 $2,006 $11,922 $0 $0
2015 $1,945 $11,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21533942

MLS of Southern Arizona

APN: 117-06-0380