NOT LISTED FOR SALE

Estimated Value: $316,000 - $1,017,000

Studio
-- Bath
16,249 Sq Ft
$41/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $965,000 $59 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,960/month

129 Days on Market

About This Home

As of July 2016

Property consists of 24 total units: 2 apartment buildings and 3 single family residences. All built between 1952 and 2002 on four tax parcels, all must be sold together. Request package for details.

Last Agent to Sell the Property

Kristy Kelley

Long Realty Listed on: 03/19/2016

Last Buyer's Agent

Joseph Chaplik

Joseph Bernard Investment RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1963

Lot Details

  • 1.44 Acre Lot

Home Design

  • 16,249 Sq Ft Home

Listing and Financial Details

  • $12,680 special tax assessment

Community Details

Overview

  • Avondale Subdivision

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $5,500
  • Maintenance Expense $2,700
  • Professional Management Expense $11,000
  • Water Sewer Expense $6,700
  • Gross Income $136,404
  • Net Operating Income $91,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Avondale Lot 8 Block 2 & 54' E109' N150' & E54' N50' Lot 9 Blk 2
  • List Price per Sq Ft: 60.93
  • Miscellaneous Package Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 16249.00

Utilities

  • Water: Public
  • Fire Protection: Included in Taxes
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Contract Services: 1800.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 5000.00
  • Expenses Maintenance Supplies: 2700.00
  • Expenses Taxes Assessments: 12680.00

Lot Info

  • Lot Acres: 1.44
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 15.81
  • Lot Sq Ft: 62600.00
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1963

Tax Info

  • Tax Code: 121-12-0320
  • Taxes: 5166.12
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Bellevue One Llc and Bellevue Two Llc
Bought by
Bellevue5330 Llc
Current Estimated Value
$666,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Outstanding Balance
$1,608,050
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$941,550

Purchase Details

Closed on
Apr 19, 2019
Sold by
5330 Bellevue Investments Llc
Bought by
Bellevue One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,149,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jul 19, 2016
Sold by
Bellevue Street Properties Llc
Bought by
5330 Bellevue Investments Llc
Seller's Agent
Kristy Kelley
Long Realty
Buyer's Agent
Joseph Chaplik
Joseph Bernard Investment RE
List Price
$965,000
Sold Price
$965,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.82%
Original Mortgage
$723,750
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2011
Sold by
Mountain North Partners Llc
Bought by
Bellevue Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2002
Sold by
Quinn Nancy
Bought by
Mountain North Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.85%

Purchase Details

Closed on
Dec 26, 2001
Sold by
Mccray Barbara Ross
Bought by
Mountain North Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.85%

Purchase Details

Closed on
May 25, 1995
Sold by
Mccray Barbara Ross and Ross Barbara C
Bought by
Mccray Barbara Ross
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bellevue5330 Llc $2,455,000 Fidelity National Title Agency
Bellevue One Llc $1,550,000 Title Security Agency Llc
5330 Bellevue Investments Llc $965,000 Fidelity Natl Title Agency I
Bellevue Street Properties Llc $675,000 Lanti
Bellevue Street Properties Llc $675,000 Lanti
Mountain North Partners Llc -- --
Quinn Nancy -- --
Quinn Nancy -- --
Mountain North Partners Llc $358,900 --
Mccray Barbara Ross -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellevue5330 Llc $1,615,000
Previous Owner Bellevue One Llc $1,149,000
Previous Owner 5330 Bellevue Investments Llc $723,750
Previous Owner Bellevue Street Properties Llc $500,000
Previous Owner Mountain North Partners Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $965,000 0.0% $59 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $965,000 -- $59 / 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 $6,122 $46,284 -- --
2024 $5,873 $44,080 -- --
2023 $5,541 $41,981 $0 $0
2022 $5,569 $39,982 $0 $0
2021 $5,536 $36,265 $0 $0
2020 $5,368 $47,568 $0 $0
2019 $5,297 $34,538 $0 $0
2018 $5,553 $33,571 $0 $0
2017 $5,630 $33,571 $0 $0
2016 $5,440 $31,973 $0 $0
2015 $5,166 $30,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21608297

MLS of Southern Arizona

APN: 121-12-0320