NOT LISTED FOR SALE
8 Beds
4 Baths
5,164 Sq Ft
9,055 Sq Ft Lot

Sale Details

Date Sold: September 1, 2022

Last sale price $625,000 $121 Per Sq Ft

101 Days on Market

Highlights

  • RV Parking in Community
  • Deck
  • Breakfast Area or Nook
  • Mountain View
  • Modern Architecture
  • Balcony

About This Home

As of September 2022

**NEW LEASES IN PLACE WITH INCREASED RENTAL RATES** Motivated Seller will consider offers between $625,000 - $650,000. Well-maintained and recently upgraded 5-UNIT apartment. This opportunity will allow for an investor to capitalize on the growing housing demand in Tucson. Close to DMAFB and major bus routes and currently 100% leased. Each unit is approximately 1,000sf, 2 bedroom, 1 bathroom with newer carpet, newer tile flooring, newer plumbing fixtures and water heaters, as well as tile or granite counters. The property includes onsite coin laundry room, large backyards for some units, as well as common areas enclosed with security fencing. Roof recently maintained, AC's recently serviced and overall upgrades have been completed in the last few years.

Last Agent to Sell the Property

Gabriel Silguero

Righteous Realty Company License #BR645328000 Listed on: 05/23/2022

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1984

Lot Details

  • 9,055 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Desert Landscape

Home Design

  • Quadruplex
  • Modern Architecture
  • Frame With Stucco
  • Rolled or Hot Mop Roof
  • Built-Up Roof

Interior Spaces

  • 5,164 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Home Security

  • Window Bars
  • Security Lights

Parking

  • 8 Parking Spaces
  • Driveway

Accessible Home Design

  • Handicap Convertible
  • Ramp on the main level

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Outdoor Grill

Location

  • Ground Level
  • Upper Level

Schools

  • Myers/Ganoung Elementary School
  • Roberts Middle School
  • Palo Verde High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,736 special tax assessment

Community Details

Overview

  • Ferry Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,136
  • Gross Income $57,520
  • Net Operating Income $49,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,790

Year Built

Built in 1984

Lot Details

9,055 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Modern
  • Technology: Cable TV
  • Accessibility Options: Handicap Convertible, Ramped Main Level
  • Legal Description: FERRY LOT 17 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 121.03
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 785.00
  • Unit Info Avg Mo Rent Other: 785.00
  • Unit Info Number Of Units2 B R: 4
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 5164.00
  • Bathroom Features: None
  • Breakfast: Bar
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: Facility
  • Extra Room: None
  • Kitchen Features: Dishwasher

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: TBD
  • Fence: Chain Link, Wrought Iron
  • Landscape Front: Low Care, Natural Desert
  • Landscape Rear: Natural Desert
  • Patio Deck: Balcony, Deck
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Rolled
  • Spa: None
  • View: Mountain(s), Sunset
  • Exterior Feature: BBQ, Courtyard

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Wall Unit(s)
  • Main Heating: Electric, Forced Air
  • Security: Security Lights, Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks, Street Lights

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 3700.00
  • Expenses Taxes Assessments: 1736.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 69.02
  • Lot Sq Ft: 9055.00
  • Lot Sz Sold Prc Sq Ft: 69.02
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1984

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: 131-05-0170
  • Taxes: 1790.10
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Roberts (at Naylor)
  • Elementary School: Myers/Ganoung
  • High School: Palo Verde
  • School District: TUSD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
0.0688%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 17, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
0.0688%
Mortgage Type
Construction

Purchase Details

Closed on
May 15, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
0.0632%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2022
Sold by
Bought by

Purchase Details

Listed on
May 23, 2022
Closed on
Aug 29, 2022
Sold by
Bought by
Seller's Agent
Gabriel Silguero
Righteous Realty Company
Buyer's Agent
Non- Member
Non-Member Office
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Purchase Details

Listed on
Aug 18, 2015
Closed on
May 26, 2016
Sold by
Bought by
Seller's Agent
James Robertson
Realty Executives Arizona Territory
Buyer's Agent
Roger Breckenridge
Long Realty
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$145,000
Interest Rate
0.0358%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0519%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2008
Sold by
Bought by

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
0.0615%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
0.105%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
0.0576%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
0.0629%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 First American Title Insurance
$675,000 First American Title Insurance
-- Pioneer Title
-- None Listed On Document
$625,000 First American Title
$625,000 --
$205,000 Title Security Agency Llc
$280,000 None Available
-- Lanti
$280,000 Lanti
-- None Available
-- Chicago Title
$175,000 Service Link
$360,000 Tfnti
-- None Available
-- Tfnti
$432,000 None Available
-- --
$320,000 --
$180,000 --
$185,000 --
-- --
$180,000 --
$199,759 --
-- --
$180,000 Title Security
-- Title Security Agency
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $475,000
Closed $540,000
Closed $540,000
Previous Owner $381,000
Previous Owner $145,000
Previous Owner $210,000
Previous Owner $10,000
Previous Owner $50,000
Previous Owner $35,000
Previous Owner $187,500
Previous Owner $387,000
Previous Owner $388,800
Previous Owner $256,000
Previous Owner $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2022 09/01/22 Sold $625,000 0.0% $121 / Sq Ft
06/28/2022 06/28/22 Price Changed $625,000 -8.1% $121 / Sq Ft
05/27/2022 05/27/22 Price Changed $680,000 -2.7% $132 / Sq Ft
05/23/2022 05/23/22 For Sale $699,000 +241.0% $135 / Sq Ft
05/31/2016 05/31/16 Sold $205,000 0.0% $40 / Sq Ft View Prior Sale
05/01/2016 05/01/16 Pending -- -- --
08/18/2015 08/18/15 For Sale $205,000 -- $40 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,980 $15,713
2025 $1,980 $14,965
2024 $1,899 $14,252
2023 $1,792 $13,574 $0 $0
2022 $1,800 $12,927 $0 $0
2021 $1,790 $11,725 $0 $0
2020 $1,736 $20,998 $0 $0
2019 $1,713 $19,468 $0 $0
2018 $1,675 $10,129 $0 $0
2017 $1,666 $10,129 $0 $0
2016 $1,608 $9,646 $0 $0
2015 $1,559 $9,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22213209

MLS of Southern Arizona
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