NOT LISTED FOR SALE

Estimated Value: $319,401 - $367,000

5 Beds
3 Baths
2,279 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $130,000 $57 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,869/month

123 Days on Market

Highlights

  • Great Room
  • Bathtub with Shower
  • Ceramic Tile Flooring
  • L-Shaped Dining Room
  • Bungalow
  • Zoned Heating and Cooling System

About This Home

As of November 2018

Well Maintained, Great Income Property. 2 Buildings-1st Building Built In 1948, And 2rd In 1981.3 units. affordable housing. always rented. 2 2 bedroom and 1 1 bedroom unit. ample parking, Must be purchased with 3 plex in front 5737 S Southland tax code 140-23-051A

Last Agent to Sell the Property

Tony Reed

Long Realty Company Listed on: 07/06/2018

Last Buyer's Agent

Alex Kairoff

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1948

Lot Details

  • 9,925 Sq Ft Lot
  • East or West Exposure
  • Chain Link Fence
  • Back Yard

Home Design

  • Triplex
  • Bungalow
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,279 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Great Room
  • L-Shaped Dining Room
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level

Schools

  • Esperanza Elementary School
  • Sierra Middle School
  • Sunnyside High School

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • $963 special tax assessment

Community Details

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $750
  • Maintenance Expense $1,500
  • Water Sewer Expense $2,772
  • Gross Income $18,900
  • Net Operating Income $12,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$964

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Bungalow
  • Technology: Pre-Wired Tele Lines
  • Accessibility Options: None
  • Legal Description: SOUTHLAND PARK PTN E131.14' LOT 27 BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 71.30
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 475.00
  • Unit Info Average Monthly Rent Two Bedroom: 550.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile, Concrete, Vinyl
  • Gross Sq Ft: 2279.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: L-Shape
  • Living Areas: Great Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

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

Garage/Parking

  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Natural Gas, Zoned
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Taxes Assessments: 963.00

Schools

  • School District: Sunnyside
  • Elementary School: Esperanza
  • Middle School: Sierra
  • High School: Sunnyside

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 16.37
  • Lot Sq Ft: 9925.00
  • Lot Sz Sold Prc Sq Ft: 13.10
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1948

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: 140-23-051D
  • Taxes: 963.53
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Sierra
  • Elementary School: Esperanza
  • High School: Sunnyside
  • School District: Sunnyside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Krause Jonathan J
Bought by
Pai Jason Richard
Current Estimated Value
$336,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,875
Outstanding Balance
$233,984
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$102,150

Purchase Details

Listed on
Jul 6, 2018
Closed on
Nov 13, 2018
Sold by
Wagner Lisa Ellen
Bought by
Krause Jonathan J
Seller's Agent
Tony Reed
Long Realty Company
Buyer's Agent
Alex Kairoff
Tierra Antigua Realty
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$97,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Avatar Investments
Bought by
Simmons Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
8.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2003
Sold by
Snyder Matthew and Simmons Hollis
Bought by
Avatar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2002
Sold by
Simmons Hollis
Bought by
Snyder Matthew and Simmons Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 1994
Sold by
Lizardi Ernest A
Bought by
Southland Apartments
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pai Jason Richard $314,500 Stewart Title & Trust Of Tucso
Pai Jason Richard $314,500 Stewart Title & Trust Of Tucso
Pai Jason Richard $314,500 Stewart Title & Trust Of Tucso
Krause Jonathan J $13,000 Catalina Title Agency
Simmons Hollis -- --
Simmons Hollis -- --
Avatar Investments Llc -- --
Avatar Investments Llc -- --
Avatar Investments Llc -- --
Avatar Investments Llc -- --
Snyder Matthew -- --
Snyder Matthew -- --
Snyder Matthew -- --
Snyder Matthew -- --
Snyder Matthew -- --
Simmons Hollis -- --
Snyder Matthew -- --
Southland Apartments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pai Jason Richard $235,875
Closed Pai Jason Richard $235,875
Previous Owner Krause Jonathan J $97,500
Previous Owner Simmons Hollis $119,000
Previous Owner Simmons Hollis $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $130,000 0.0% $57 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $130,000 -- $57 / 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 $1,268 $9,349 -- --
2024 $1,268 $8,904 -- --
2023 $995 $8,480 $0 $0
2022 $995 $8,076 $0 $0
2021 $1,007 $7,325 $0 $0
2020 $1,013 $11,112 $0 $0
2019 $998 $10,173 $0 $0
2018 $987 $6,328 $0 $0
2017 $964 $6,328 $0 $0
2016 $937 $6,026 $0 $0
2015 $782 $5,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21820886

MLS of Southern Arizona

APN: 140-23-051D