$858,000
SOLD MAY 30, 2025
8 Beds
4 Baths
5,661 Sq Ft
0.75 Acres

Recently Sold

$152 Per Sq Ft

2% Below List Price

59 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Covered Patio or Porch
  • 0.75 Acre Lot
  • Great Room
  • Double Pane Windows

About This Home

As of May 2025

Great investment opportunity! 7 total units consisting of 5 separate houses and 1 duplex on 2 separate tax codes (parcels) for ease of financing, and must be sold together. There are a total of 16 bedrooms and 8 bathrooms. Each unit has washer and dryer hookups,. fenced yards and tile floors. Most units have HVAC or mini splits (3 new in last year) and some have individual carports. Large private driveway into property adds plenty of parking space, security and privacy. Some rents have been recently increased, but their is more room to increase for current market rates. Square footage, income and lot size are combined total for both properties on the listing. Call listing agent with questions or more information.

Last Agent to Sell the Property

JOHN HARINGS

United Real Estate Specialists Listed on: 02/07/2025

United Real Estate Specialists

Last Buyer's Agent

JOHN HARINGS

United Real Estate Specialists Listed on: 02/07/2025

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1963

Lot Details

  • 0.75 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Desert Landscape
  • Landscaped with Trees
  • Back and Front Yard

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 5,661 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 14 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Community Details

Overview

  • Craycroft Add Subdivision
  • RV Parking in Community

Building Details

  • Professional Management Expense $5,700
  • Water Sewer Expense $5,400
  • Gross Income $73,800
  • Net Operating Income $62,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Craycroft Lot 2 Exc E84' N140' Blk 3
  • Attached Detached: Detached
  • List Price per Sq Ft: 154.57
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 975.00
  • Unit Info Average Monthly Rent Three Bedroom: 950.00
  • Unit Info Avg Mo Rent Other: 900.00
  • Unit Info Number Of Units2 B R: 4
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 5661.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: Other
  • Kitchen Features Countertops: Laminate
  • Kitchen Features Pantry: Cabinet
  • Living Areas: Great Room
  • Laundry: Laundry Room
  • Extra Room: None
  • Kitchen Features: Garbage Disposal, Gas Range
  • Interior Steps: No

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Decorative Gravel, Low Care, Natural Desert, Trees
  • Landscape Rear: Decorative Gravel, Low Care, Natural Desert, Trees
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: To Property Line
  • Rv Parking: Space Available
  • Total Parking: 14

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: 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

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.75
  • Lot Dimensions: Irregular
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 26.78
  • Lot Sq Ft: 32670.00
  • Lot Sz Sold Prc Sq Ft: 26.26
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1963

Rental Info

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

Tax Info

  • Tax Code: 131-09-071A
  • Taxes: 3500.00
  • Tax Year: 2024
  • 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
Feb 7, 2025
Closed on
May 27, 2025
Sold by
Gay Margaret Q and Hewitt John D
Bought by
Vy & Kim Holding Llc
Seller's Agent
JOHN HARINGS
United Real Estate Specialists
Buyer's Agent
JOHN HARINGS
United Real Estate Specialists
List Price
$875,000
Sold Price
$858,000
Premium/Discount to List
-$17,000
-1.94%
Views
62
Current Estimated Value
$710,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,707
Avg. Annual Appreciation
-46.73%
Original Mortgage
$686,400
Outstanding Balance
$685,233
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$25,060

Purchase Details

Closed on
Dec 26, 2003
Sold by
Boggs Robert Lee and Boggs Patricia A
Bought by
Gay Margaret Q and Hewitt John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1995
Sold by
Bohan Diane A
Bought by
Sim Benson and Boggs Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $858,000 First American Title Insurance
Warranty Deed $175,000 --
Warranty Deed $175,000 --
Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $686,400 New Conventional
Previous Owner $129,500 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $190,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $858,000 -1.9% $152 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $875,000 -- $155 / 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 $1,280 $10,701 -- --
2024 $1,280 $10,192 -- --
2023 $1,280 $9,706 -- --
2022 $1,287 $9,244 $0 $0
2021 $1,280 $8,385 $0 $0
2020 $1,241 $8,385 $0 $0
2019 $1,273 $8,385 $0 $0
2018 $1,245 $7,527 $0 $0
2017 $1,238 $7,527 $0 $0
2016 $1,289 $7,554 $0 $0
2015 $1,586 $9,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22503872

MLS of Southern Arizona

APN: 131-09-071A