NOT LISTED FOR SALE

Estimated Value: $196,000 - $4,209,000

-- Bed
-- Bath
27,020 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,800,000 $67 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,842/month

157 Days on Market

Highlights

  • Gated Community
  • 1.97 Acre Lot
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

Gated 28 single story condominiums in clusters of four. Fourteen 900 Sq FT 2 bedroom and Fourteen 1200 SQ Ft 3 bedroom units. Separate laundry facilities, pool, ramada, and covered parking. Individually fenced yards. Nice common areas between clusters. Individually fenced yards. Nice common areas from Tucson Medical Center and half block to Ft. Lowell Park. Approved Condo Map.

Last Agent to Sell the Property

Tony Reed

Long Realty Company Listed on: 11/18/2013

Last Buyer's Agent

Non Member

TUCSON ASSOCIATION OF REALTORS INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,058

Year Built

  • Built in 1972

Lot Details

  • 1.97 Acre Lot

Home Design

  • 27,020 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $17,058 special tax assessment

Community Details

Building Details

  • Fuel Expense $6,194
  • Insurance Expense $9,910
  • Maintenance Expense $19,820
  • Professional Management Expense $24,776
  • Water Sewer Expense $19,820
  • Gross Income $247,755
  • Net Operating Income $147,699

Additional Features

  • Glenn Terrace Condominiums Subdivision
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,058

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Glenn Terrace Condominiums Unit 1-28
  • List Price per Sq Ft: 78.65
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 725.00
  • Unit Info Average Monthly Rent Two Bedroom: 850.00
  • Unit Info Number Of Units1 B R: 14
  • Unit Info Number Of Units2 B R: 14
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 27020.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Association/Amenities

  • Neighborhood Features: Gated Community

Fee Information

  • Expenses Contract Services: 2478.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 6194.00
  • Expenses Maintenance Supplies: 19820.00
  • Expenses Taxes Assessments: 17058.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.97
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 24.76
  • Lot Sq Ft: 85813.00
  • Lot Sz Sold Prc Sq Ft: 20.98
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1972

Tax Info

  • Tax Code: 110-08-4360
  • Taxes: 17058.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Apr 28, 2014
Sold by
The Lake Investment Group Llc
Bought by
Vista Real Estate Investments Llc
Seller's Agent
Tony Reed
Long Realty Company
Buyer's Agent
Non Member
TUCSON ASSOCIATION OF REALTORS INC
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$1,603,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,667
Avg. Annual Appreciation
-1.42%
Original Mortgage
$1,350,000
Outstanding Balance
$1,041,782
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$490,885
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
Vista Real Estate Investments Llc $1,800,000 Title Security Agency Of Ari
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vista Real Estate Investments Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $1,800,000 0.0% $67 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $1,800,000 -- $67 / 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 $766 $5,750 -- --
2023 $784 $5,750 $0 $0
2022 $784 $5,628 $0 $0
2021 $779 $5,105 $0 $0
2020 $756 $5,105 $0 $0
2019 $746 $5,308 $0 $0
2018 $729 $4,410 $0 $0
2017 $725 $4,410 $0 $0
2016 $700 $4,200 $0 $0
2015 $679 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21331192

MLS of Southern Arizona

APN: 110-09-4350