NOT LISTED FOR SALE

5846 E 28th St Tucson, AZ 85711

Corbett Neighborhood

Estimated Value: $162,000 - $397,000

-- Bed
-- Bath
3,000 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $115,000 $38 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,764/month

363 Days on Market

Highlights

  • 0.31 Acre Lot
  • Central Air
  • Heating System Mounted To A Wall or Window

About This Home

As of April 2012

Opportunity! Can be sold as 4 plex or as 8 plex (5846 & 5860 E 28th St). Two separate tax codes (131-09-2450 & 131-09-2440). Plenty of parking. All units are 2 bedrooms, 1 bathroom with their own back yard.

Last Agent to Sell the Property

Anthony Boatner

Keller Williams Southern Arizona License #SA546201000 Listed on: 10/26/2011

Keller Williams Southern Arizona

Last Buyer's Agent

Tim Lloyd

Holladay Property Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot

Home Design

  • 3,000 Sq Ft Home
  • Quadruplex
  • Masonry

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • Insurance Expense $732
  • Water Sewer Expense $2,500
  • New Taxes Expense $3,049
  • Operating Expense $6,281
  • Gross Income $26,400
  • Net Operating Income $20,119

Listing and Financial Details

  • $3,049 special tax assessment

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent Two Bedroom: 550.0
  • Lot Size: 13535
  • CapRate: 20.32
  • Co List Office Mls Id: 478313
  • Subdivision Name: Geobelle's Est
  • General Property Information: List Price/SqFt: 33.0
  • General Property Information: Lot Size Price/SqFt: 7.33
  • Special Features: None

Exterior Features

  • Construction Type: Masonry Stucco

Utilities

  • Miscellaneous Master Water Meter: Yes
  • Utilities: Sewer Connected
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 3049.0
  • Annual Water Sewer Expense: 2500.0

Lot Info

  • Lot Size Sq Ft: 7.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1981

Tax Info

  • Tax Year: 2011
  • New Taxes Expense: 3049.0

Multi Family

  • Annual Gross Income: 26400.0
  • Insurance Expense: 732.0
  • Property Net Operating Income: 20119.0
  • Annual Operating Expense: 6281.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
David Defrancis Bert
Bought by
Pk Capital Llc
Current Estimated Value
$304,962

Purchase Details

Listed on
Oct 26, 2011
Closed on
Mar 21, 2012
Sold by
Soldwisch David G and Soldwisch Jill P
Bought by
Defrancis Bert David
Seller's Agent
Anthony Boatner
Keller Williams Southern Arizona
Buyer's Agent
Tim Lloyd
Holladay Property Services
List Price
$105,000
Sold Price
$115,000
Premium/Discount to List
$10,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Feb 13, 2008
Sold by
Aurora Loan Services Llc
Bought by
Soldwisch David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2007
Sold by
Benedict Margie
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Benedict Margie
Bought by
Tucson Nse 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,071
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2005
Sold by
Benedict Ronald
Bought by
Benedict Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,071
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 6, 2005
Sold by
Bally Investments Llc
Bought by
Benedict Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2003
Sold by
Chiu James J and Chiu Anna M
Bought by
Bally 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
$125,400
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2003
Sold by
Haakenson Richard and Sheridan Jean
Bought by
Chiu James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
5.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pk Capital Llc -- None Listed On Document
Defrancis Bert David -- None Listed On Document
Pk Capital Llc -- None Listed On Document
Defrancis Bert David $115,000 Fidelity National Title Agen
Soldwisch David G $225,000 Tfnti
Aurora Loan Services Llc $299,477 Tfnti
Aurora Loan Services Llc $299,477 Tfnti
Tucson Nse 1 Llc -- --
Benedict Margie -- First American Title
Benedict Margie -- First American Title
Benedict Margie -- First American Title
Bally Investments Llc -- --
Chiu James J $897,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soldwisch David G $180,000
Previous Owner Tucson Nse 1 Llc $337,071
Previous Owner Benedict Margie $280,000
Previous Owner Bally Investments Llc $125,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $115,000 +9.5% $38 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/21/2011 04/21/11 For Sale $105,000 -- $35 / 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 $1,993 $15,067 -- --
2024 $1,802 $14,350 -- --
2023 $1,802 $13,667 -- --
2022 $1,813 $13,016 $0 $0
2021 $1,802 $11,806 $0 $0
2020 $1,748 $15,365 $0 $0
2019 $1,725 $11,420 $0 $0
2018 $1,687 $10,198 $0 $0
2017 $1,677 $10,198 $0 $0
2016 $1,740 $10,198 $0 $0
2015 $1,688 $9,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Boatner

    Seller's Agent in 2012

    Anthony Boatner

    Keller Williams Southern Arizona

    (520) 200-5600

    1 in this area

    353 Total Sales

    Anthony Boatner
    Section Image

  • T

    Buyer's Agent in 2012

    Tim Lloyd

    Holladay Property Services

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21111421

MLS of Southern Arizona

APN: 131-09-2450

Arizona Pima County Tucson 85711 Corbett

5846 E 28th St, Tucson, AZ

Not Listed for Sale

MultiFamily

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