NOT LISTED FOR SALE

Estimated Value: $517,000 - $589,000

Studio
-- Bath
4,088 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $570,000 $139 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,295/month

124 Days on Market

Highlights

  • The property is located in a historic district
  • Southwestern Architecture
  • No HOA
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Tennis Courts

About This Home

As of June 2024

Central 4 Plex across from Ft. Lowell Park. Units have been updated in various ways, 3 units have ceramic flooring, new bathroom counters, all painted inside, several new gates, painted fencing, recoated roof and repaired and painted facia. Great rental area central town. Bus route/ Ft. Lowell Park and Tucson Medical Center all right here. Each unit has covered parking and private yards. Long term tenants are paying under market rents.

Last Agent to Sell the Property

Robette Crane

Tierra Antigua Realty Listed on: 05/31/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 47 Sq Ft Lot
  • Lot includes common area
  • Wood Fence
  • Landscaped with Trees

Home Design

  • Southwestern Architecture
  • Quadruplex
  • Built-Up Roof

Interior Spaces

  • 4,088 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Family Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Formica Countertops

Bedrooms and Bathrooms

  • Formica Counters In Bathroom
  • Secondary bathroom tub or shower combo
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Slab Porch or Patio

Location

  • Ground Level
  • The property is located in a historic district

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $4,148 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Park
  • Trails

Building Details

  • Fuel Expense $85
  • Insurance Expense $2,348
  • Water Sewer Expense $980
  • New Taxes Expense $4,148
  • Operating Expense $7,561
  • Gross Income $53,120
  • Net Operating Income $45,559

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 60x210 ft / 59x209
  • Road Surface Type: Paved
  • CapRate: 7.99
  • Co List Office Mls Id: 2866
  • Subdivision Name: Speedway Addition NO. 1
  • General Property Information: List Price/SqFt: 146.26
  • General Property Information: Lot Size Price/SqFt: 47.45
  • Special Features: None

Interior Features

  • Kitchen Features Countertops: Formica
  • Appliances: Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Mountain(s)
  • Construction Type: Slump Block
  • Patio And Porch Features: Slab

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Dryer Included, Washer Included
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 85.06
  • Expenses Taxes Assessments: 4147.66
  • Annual Water Sewer Expense: 980.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Magee

Lot Info

  • Lot Features: Borders Common Area, Decorative Gravel
  • Lot Size Sq Ft: 47.0
  • Zoning: Tucson - HC1

Building Info

  • Year Built: 1964

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 4147.66

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 53120.0
  • Insurance Expense: 2348.0
  • Property Net Operating Income: 45559.28
  • Annual Operating Expense: 7560.71

MLS Schools

  • Elementary School: Whitmore
  • High School: Catalina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 27, 2024
Sold by
5610 Glenn Llc
Bought by
Orcutt Family Trust and Orcutt
Seller's Agent
Robette Crane
Tierra Antigua Realty
List Price
$597,900
Sold Price
$570,000
Premium/Discount to List
-$27,900
-4.67%
Views
108
Current Estimated Value
$557,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,350
Avg. Annual Appreciation
-1.42%

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 25, 2024
Sold by
5610 Glenn Llc
Bought by
Orcutt Family Trust and Orcutt
Seller's Agent
Robette Crane
Tierra Antigua Realty
List Price
$597,900
Sold Price
$570,000
Premium/Discount to List
-$27,900
-4.67%
Views
108

Purchase Details

Closed on
Aug 27, 2021
Sold by
Crane Joshua J and Crane Joanna J
Bought by
5610 Glenn Llc

Purchase Details

Closed on
May 10, 2018
Sold by
Crane Joshua J and Crane Joanna J
Bought by
5610 Glenn Llc

Purchase Details

Listed on
Jan 27, 2017
Closed on
Jun 20, 2017
Sold by
Deladap Llc
Bought by
Crane Joshua J and Crane Joanna
Seller's Agent
Mike Schulte
Schulte Company
Buyer's Agent
Robbie Crane Moret
Coldwell Banker Realty
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$251,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2014
Sold by
Tuttle Michael D
Bought by
Deladap Llc

Purchase Details

Listed on
Feb 15, 2014
Closed on
Feb 26, 2014
Sold by
Dito John J and Dito Nancy A
Bought by
Tuttle Michael D
Seller's Agent
Jo Roberts
Long Realty
Buyer's Agent
Mike Schulte
Schulte Company
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Mar 26, 2012
Sold by
5610 East Glenn Llc
Bought by
Dito John J and Dito Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Dito John J
Bought by
5610 East Glenn Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Dito John and Dito Nancy A
Bought by
Dito John J

Purchase Details

Closed on
Apr 20, 2005
Sold by
Buena Vista Properties 2000 Llc
Bought by
Gibbons & Oxman Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Gibbons & Oxman Property Llc
Bought by
Dito John and Dito Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orcutt Family Trust $570,000 Stewart Title & Trust Of Tucso
Orcutt Family Trust $570,000 Stewart Title & Trust Of Tucso
5610 Glenn Llc -- None Available
5610 Glenn Llc -- None Available
5610 Glenn Llc -- None Available
Crane Joshua J $345,000 Title Security Agency Llc
Deladap Llc -- None Available
Tuttle Michael D $275,000 First American Title Ins Co
Dito John J -- Servicelink
Dito John J -- Servicelink
5610 East Glenn Llc -- None Available
Dito John J -- None Available
Gibbons & Oxman Property Llc $5,250,000 --
Gibbons & Oxman Property Llc $5,250,000 --
Dito John $423,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crane Joshua J $251,250
Previous Owner Dito John J $259,000
Previous Owner Dito John $313,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $570,000 -4.7% $139 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $597,900 +4.9% $146 / Sq Ft
03/18/2024 03/18/24 Off Market $570,000 -- --
02/16/2024 02/16/24 For Sale $649,000 +88.1% $159 / Sq Ft
07/06/2017 07/06/17 Sold $345,000 0.0% $84 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $345,000 +25.5% $84 / Sq Ft
03/26/2014 03/26/14 Sold $275,000 0.0% $67 / Sq Ft View Prior Sale
02/24/2014 02/24/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $275,000 -- $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
2025 $4,582 $34,642 -- --
2024 $4,148 $32,993 -- --
2023 $4,148 $31,422 $0 $0
2022 $4,168 $29,925 $0 $0
2021 $4,144 $27,143 $0 $0
2020 $4,018 $28,854 $0 $0
2019 $3,965 $28,390 $0 $0
2018 $3,878 $25,382 $0 $0
2017 $4,175 $25,382 $0 $0
2016 $4,070 $24,173 $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: 22404053

MLS of Southern Arizona

APN: 110-15-1050