NOT LISTED FOR SALE

Estimated Value: $607,000 - $713,000

10 Beds
6 Baths
4,088 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $410,000 $100 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,988/month

55 Days on Market

Highlights

  • Panoramic View
  • Great Room
  • Stainless Steel Appliances
  • Ranch Style House
  • Breakfast Area or Nook
  • 5-minute walk to Fort Lowell Park

About This Home

As of December 2018

Great one story burnt adobe 4-plex across street from Ft Lowell Park, walking distance to Tucson Medical Center. Near the River walk, Whole Foods, restaurants and Costco. Very well maintained two 3 bedrooms, 2 baths, with large fenced yard and two 2 bedrooms, 1 bath with front courtyard entry building. Each unit with refrigerator, dish washer, washer/dryer, eat-in kitchen. All units have front wrought iron screen doors. Newly recoated roof. Tenant pays for gas and electricity. One of the owners is licensed to sell real estate in the State of Arizona.

Last Agent to Sell the Property

Melanie Tzou

Tierra Antigua Realty Listed on: 10/09/2018

Tierra Antigua Realty

Last Buyer's Agent

Jeff Leblanc

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 57x211
  • East or West Exposure
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard

Property Views

  • Panoramic
  • Mountain

Home Design

  • Quadruplex
  • Ranch Style House
  • Built-Up Roof
  • Adobe

Interior Spaces

  • Bathtub with Shower
  • 4,088 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • No Driveway

Schools

  • Whitmore Elementary School
  • Magee Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Courtyard
  • Ground Level

Listing and Financial Details

  • $3,895 special tax assessment

Community Details

Overview

  • Glenn Lowell Addition Subdivision

Building Details

  • Insurance Expense $1,489
  • Water Sewer Expense $2,500
  • Gross Income $39,600
  • Net Operating Income $31,716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: Glenn-Lowell Lot 12
  • Attached Detached: Detached
  • List Price per Sq Ft: 102.74
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 725.00
  • Unit Info Average Monthly Rent Three Bedroom: 900.00
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units3 B R: 2
  • 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: 4088.00
  • Bathroom Features: Shower & Tub/Hall, Shower Only/Primary
  • Breakfast: Nook
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Pantry: Cabinet
  • Living Areas: Great Room
  • Laundry: In Kitchen
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Dishwasher, Electric Range, Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Panoramic
  • Exterior Feature: Courtyard, None

Garage/Parking

  • Driveway: None
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 3895.00

Schools

  • School District: TUSD
  • Elementary School: Whitmore
  • Middle School: Magee
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: 57x211
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 34.43
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 33.61
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1964

Rental Info

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

Tax Info

  • Tax Code: 110-15-1130
  • Taxes: 3895.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Magee
  • Elementary School: Whitmore
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 3, 2018
Sold by
Tzou Albert J and Tzou Melanie H
Bought by
Yates Blair William
Seller's Agent
Melanie Tzou
Tierra Antigua Realty
Buyer's Agent
Jeff Leblanc
Russ Lyon Sotheby's International Realty
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$657,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,667
Avg. Annual Appreciation
7.49%
Original Mortgage
$423,530
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2012
Sold by
Tzou Albert J and Tzou Melanie H
Bought by
Tzou Melanie H and Tzou Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,800
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Tzou Albert J and Tzou Melanie H
Bought by
Tzou Albert J and Tzou Melanie H

Purchase Details

Closed on
Apr 20, 2005
Sold by
Gibbons & Oxman Property Llc
Bought by
Tzou Albert J and Tzou Melanie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Yates Blair William $410,000 Pioneer Title Agency Inc
Tzou Melanie H -- Title Security Agency
Tzou Melanie H -- Title Security Agency
Tzou Albert J -- None Available
Tzou Albert J -- None Available
Tzou Albert J $418,000 Long Title Agency
Gibbons & Oxman Property Llc $5,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Blair William $100,000
Open Yates Blair William $434,853
Closed Yates Blair William $428,846
Closed Yates Blair William $423,530
Previous Owner Tzou Melanie H $299,800
Previous Owner Tzou Albert J $334,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $410,000 0.0% $100 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $410,000 -- $100 / 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 $3,887 $33,135 -- --
2023 $3,671 $31,557 $0 $0
2022 $3,671 $30,054 $0 $0
2021 $3,684 $27,260 $0 $0
2020 $3,536 $28,981 $0 $0
2019 $3,982 $28,513 $0 $0
2018 $3,895 $25,530 $0 $0
2017 $4,199 $25,530 $0 $0
2016 $4,094 $24,314 $0 $0
2015 $4,044 $23,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21827176

MLS of Southern Arizona

APN: 110-15-1130