NOT LISTED FOR SALE

Estimated Value: $328,000 - $427,000

6 Beds
3 Baths
2,262 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $430,000 $190 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,080/month

62 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Ranch Style House
  • 0.47 Acre Lot
  • Terracotta or Satillo Flooring
  • Breakfast Area or Nook

About This Home

As of August 2023

GREAT CASH FLOW!!! This ideal R-2 Lot offers a 912 sqft Free Standing House with 2 bedrooms, 1 bath with a spacious living room, and a wood-burning fireplace, a huge enclosed backyard with Mountain Views, and plenty of parking. In addition to the house, there is a duplex with TWO 2 bedroom, 1 bath units. The property is fully occupied by long-term tenants! The properties have been remodeled and are very well-kept. Tons of possibilities to build and expand for up to 6 Units!!- INCREDIBLE INVESTMENT OPPORTUNITY. DON'T MISS OUT!

Last Agent to Sell the Property

Patricia Martin

Tierra Antigua Realty Listed on: 06/21/2023

Tierra Antigua Realty

Last Buyer's Agent

Ixtacihuatl Londono

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1980

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 81 x 250 x 81 x 250
  • Chain Link Fence
  • Desert Landscape
  • Back Yard

Home Design

  • Triplex
  • Ranch Style House
  • Modern Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 2,262 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Terracotta
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • No Driveway

Schools

  • Wheeler Elementary School
  • Roberts Middle School
  • Palo Verde High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessible Hallway
  • North or South Exposure
  • Patio
  • Ground Level

Listing and Financial Details

  • $1,535 special tax assessment

Community Details

Overview

  • Craycroft Addition Resub. Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $900
  • Maintenance Expense $500
  • Water Sewer Expense $1,800
  • Gross Income $40,800
  • Net Operating Income $36,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,535

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Modern, Ranch
  • Technology: High Speed Internet
  • Accessibility Options: Wide Hallways
  • Legal Description: Craycroft W2 Of Lot 0003 Blk 006
  • Attached Detached: Detached
  • List Price per Sq Ft: 185.68
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Mexican Tile, Wood
  • Gross Sq Ft: 2262.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Family Room, Off Kitchen
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Electric Range

Exterior Features

  • Construction: Brick, Frame, Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care, Natural Desert
  • Landscape Rear: Low Care, Natural Desert
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Rv Parking: Space Available
  • Total Parking: 8

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), Wall Unit(s)
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 500.00
  • Expenses Taxes Assessments: 1534.58

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.47
  • Lot Dimensions: 81 x 250 x 81 x 250
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 20.51
  • Lot Sq Ft: 20473.00
  • Lot Sz Sold Prc Sq Ft: 21.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1980

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: 131-09-1780
  • Taxes: 1534.58
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Roberts (at Naylor)
  • Elementary School: Wheeler
  • High School: Palo Verde
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 28, 2023
Sold by
Banks Bryon Hugh and Banks Andrea H
Bought by
Prentice Matthew James
Seller's Agent
Patricia Martin
Tierra Antigua Realty
Buyer's Agent
Ixtacihuatl Londono
Tierra Antigua Realty
List Price
$408,900
Sold Price
$430,000
Premium/Discount to List
$21,100
5.16%
Views
106
Current Estimated Value
$370,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,953
Avg. Annual Appreciation
-6.29%
Original Mortgage
$322,500
Outstanding Balance
$315,046
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$55,001

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 16, 2023
Sold by
Banks Bryon Hugh and Banks Andrea H
Bought by
Prentice Matthew James
Seller's Agent
Patricia Martin
Tierra Antigua Realty
Buyer's Agent
Ixtacihuatl Londono
Tierra Antigua Realty
List Price
$408,900
Sold Price
$430,000
Premium/Discount to List
$21,100
5.16%
Views
106

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
$315,046
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$55,001

Purchase Details

Closed on
Sep 1, 2021
Sold by
Banks Andrea H and Banks Bryon Hugh
Bought by
Banks Bryon Hugh and Banks Andrea H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2020
Sold by
Banks Bryon H
Bought by
Banks Andrea H and Banks Bryon H

Purchase Details

Closed on
Jun 21, 2017
Sold by
Rhodes Bobby T
Bought by
Banks Bryon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2002
Sold by
Dewyer Raymond
Bought by
Rhodes Bobby T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1998
Sold by
Mcneil Barbara B
Bought by
Dewyer Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,350
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 1994
Sold by
Sandblom Donald V and Sandblom Loraine J
Bought by
Mcneil Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.09%
Mortgage Type
Commercial
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
Prentice Matthew James $430,000 Stewart Title & Trust Of Tucso
Prentice Matthew James $430,000 Stewart Title & Trust Of Tucso
Banks Bryon Hugh -- Pioneer Title Agency Inc
Banks Andrea H -- Pioneer Title Agency Inc
Banks Bryon H $178,000 Long Title Agency Inc
Rhodes Bobby T $147,000 Long Title Agency
Dewyer Raymond $116,000 Fidelity National Title
Mcneil Barbara B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prentice Matthew James $322,500
Closed Prentice Matthew James $322,500
Previous Owner Banks Bryon Hugh $160,000
Previous Owner Banks Bryon H $133,500
Previous Owner Rhodes Bobby T $132,300
Previous Owner Dewyer Raymond $104,350
Previous Owner Mcneil Barbara B $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $430,000 +2.4% $190 / Sq Ft
07/08/2023 07/08/23 Price Changed $420,000 +2.7% $186 / Sq Ft
06/23/2023 06/23/23 For Sale $408,900 0.0% $181 / Sq Ft
03/01/2013 03/01/13 Rented $475 0.0% --
01/30/2013 01/30/13 Under Contract -- -- --
11/20/2012 11/20/12 For Rent $475 -- --
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 $1,687 $12,754 -- --
2024 $1,526 $12,147 -- --
2023 $1,526 $11,568 -- --
2022 $1,535 $11,018 $0 $0
2021 $1,526 $9,993 $0 $0
2020 $1,479 $15,699 $0 $0
2019 $1,460 $12,132 $0 $0
2018 $1,428 $8,633 $0 $0
2017 $1,420 $8,633 $0 $0
2016 $1,401 $8,221 $0 $0
2015 $1,359 $7,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22313452

MLS of Southern Arizona

APN: 131-09-1780