NOT LISTED FOR SALE

Estimated Value: $447,000 - $566,000

6 Beds
4 Baths
2,598 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $430,000 $166 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,038/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Video Cameras
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Solar Water Heater

About This Home

As of March 2023

Multi family building located in mid-town, 2- 1 bed, 1 bath and 2- 2 bed, 1 bath. Non-profit currently owns this multi-family unit, tenants would like to stay in place, and nonprofit would continue to pay their rent. Laundromat located on site. Great rental income with reliable cash flow from non-profit. Contact Listing Agent for more info. Please do not disturb tenants. Solar is owned but not connected (New Owner can connect) Electric is separately metered, water is not. 2 units are able to be shown, other 2 will be with accepted offer. Non Profit pays Utilities and Rent.

Last Agent to Sell the Property

Waco Starr

Long Realty Brokerage Email: wacostarr@longrealty.com Listed on: 02/25/2023

Long Realty

Last Buyer's Agent

Aaron Lieberman

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,730 Sq Ft Lot
  • Lot includes common area
  • Chain Link Fence
  • Desert Landscape
  • Native Plants
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame With Stucco
  • Tile Roof
  • Membrane Roofing
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,598 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Dining Room
  • Storage
  • Laundry Located Outside
  • Vinyl Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Eco-Friendly Details

  • Solar Water Heater

Location

  • Ground Level
  • Upper Level

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Coronado Villas Subdivision

Building Details

  • Gross Income $3,524
  • Net Operating Income $3,524

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Style Other: Apartment
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Coronado Villas Lot 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 144.34
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 2
  • Attribution Contact: wacostarr@longrealty.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Vinyl
  • Gross Sq Ft: 2598.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Living Areas: Family Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Decorative Gravel, Low Care
  • Landscape Rear: Low Care, Natural Desert
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Membrane, Tile
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Cameras
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Proforma

Green Features

  • Green Features: Only Native Plants, Solar Hot Water Sys

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: unknown
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 55.72
  • Lot Sq Ft: 6730.00
  • Lot Sz Sold Prc Sq Ft: 63.89
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1984

Rental Info

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

Tax Info

  • Tax Code: 107-13-2890
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Keeling
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 28, 2023
Sold by
Southern Arizona Aids Foundation
Bought by
Patel Richit M
Seller's Agent
Waco Starr
Long Realty
Buyer's Agent
Aaron Lieberman
Tierra Antigua Realty
List Price
$375,000
Sold Price
$430,000
Premium/Discount to List
$55,000
14.67%
Views
247
Current Estimated Value
$545,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,407
Avg. Annual Appreciation
7.32%
Original Mortgage
$322,500
Outstanding Balance
$312,363
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$209,056

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 23, 2023
Sold by
Southern Arizona Aids Foundation
Bought by
Patel Richit M
Seller's Agent
Waco Starr
Long Realty
Buyer's Agent
Aaron Lieberman
Tierra Antigua Realty
List Price
$375,000
Sold Price
$430,000
Premium/Discount to List
$55,000
14.67%
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$312,363
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$209,056
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
Patel Richit M $430,000 Agave Title
Patel Richit M $430,000 Agave Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Richit M $322,500
Closed Patel Richit M $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $430,000 +14.7% $166 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $375,000 -- $144 / 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 $2,262 $18,377 -- --
2024 -- $17,502 -- --
2023 -- $16,668 -- --
2022 -- $15,875 $4,000 $18,788
2021 $0 $0 $0 $0
2020 $0 $16,532 $0 $0
2019 $0 $15,733 $0 $0
2018 $0 $12,438 $0 $0
2017 $0 $12,438 $0 $0
2016 $0 $11,846 $0 $0
2015 -- $11,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22304382

MLS of Southern Arizona

APN: 107-13-2890