NOT LISTED FOR SALE

Estimated Value: $396,247 - $528,000

8 Beds
5 Baths
2,483 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $650,000 $262 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,014/month

4 Days on Market

Highlights

  • RV Parking in Community
  • Contemporary Architecture
  • Corian Countertops
  • Mountain View
  • Great Room
  • Community Pool

About This Home

As of August 2018

Amazing Student Housing Investment opportunity within 8 blocks to the UofA campus! Fully leased through 7/26/2019 at $6,000 a month rents. Remodeled front house with new construction back house, pool, turf, and wall/gate. Hurry to purchase, this one will not last long! One of the Members of the LLC is a licensed AZ real estate broker.

Last Agent to Sell the Property

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 07/23/2018

Last Buyer's Agent

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 07/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56 x 150
  • Property fronts an alley
  • Wrought Iron Fence
  • Block Wall Fence
  • Back Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Ranch Style House
  • Frame With Stucco
  • Shingle Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,483 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Window Bars
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Kellond Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Sewer Not Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Doors with lever handles
  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,769 special tax assessment

Community Details

Overview

  • Tucson Heights Amended Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Recreation

  • Community Pool

Building Details

  • Insurance Expense $475
  • Maintenance Expense $2,000
  • Professional Management Expense $7,400
  • Gross Income $74,000
  • Net Operating Income $58,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary, Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: Door Levers
  • Legal Description: Tucson Heights Amended, lot 9 block 24
  • Attached Detached: Detached
  • List Price per Sq Ft: 271.85
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Avg Mo Rent Other: 3000.00
  • Unit Info Number Of Units Other: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2483.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area, Bar
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area, Formal
  • Kitchen Features Countertops: corian
  • Kitchen Features Microwave: Built into cabinets
  • Kitchen Features Oven: electric
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco, Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Block, Wrought Iron
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Landscape Rear Other: Turf
  • Patio Deck: None
  • Pool: Community
  • Road Maintenance: City
  • Roof: Built-Up, Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Window Bars
  • Sewer: None

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Admin Expenses: 275.00
  • Expenses Capital Expenses: 500.00
  • Expenses Contract Services: 2000.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 2000.00
  • Expenses Other Expenses: 1005.00
  • Expenses Taxes Assessments: 1769.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.19
  • Lot Dimensions: 56 x 150
  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 81.56
  • Lot Sq Ft: 8276.00
  • Lot Sz Sold Prc Sq Ft: 78.54
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1970

Rental Info

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

Tax Info

  • Tax Code: 115-02-1490
  • Taxes: 1769.18
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Kellond
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Jones Amy Melissa and Jones Neal Lebaron
Bought by
Jones Neal Lebaron
Current Estimated Value
$517,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$430,826
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$25,736

Purchase Details

Closed on
Apr 30, 2019
Sold by
Jones Neal Lebaron and Jones Amy Melissa
Bought by
East Elm Trust

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 6, 2018
Sold by
Group Dwelling Llc
Bought by
Jones Neal Lebaron and Jones Amy Melissa
Seller's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
Buyer's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%
Original Mortgage
$575,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 1, 2017
Sold by
Rutherford Fay Ann and Rutherford John
Bought by
Group Dwelling Llc
Seller's Agent
Deborah Davis
Northpoint Asset Management
Buyer's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
List Price
$144,000
Sold Price
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
275.12%
Original Mortgage
$980,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Discenza Justin
Bought by
Rutherford John and Rutherford Fay Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
Reich Gerald J
Bought by
Discenza Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1994
Sold by
Ballard Daniel C
Bought by
Reich Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,950
Interest Rate
8.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Jones Neal Lebaron -- Pioneer Title Agency Inc
Jones Neal Lebaron -- Pioneer Title Agency Inc
East Elm Trust -- None Available
Jones Neal Lebaron -- None Available
Group Dwelling Llc $144,000 Title Security Agency Llc
Rutherford John $180,000 Ttiga
Discenza Justin $71,000 --
Reich Gerald J $61,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Neal Lebaron $487,500
Closed Jones Neal Lebaron $575,000
Previous Owner Group Dwelling Llc $980,000
Previous Owner Rutherford John $144,000
Previous Owner Discenza Justin $63,000
Previous Owner Reich Gerald J $57,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2018 08/07/18 Sold $650,000 0.0% $262 / Sq Ft
07/23/2018 07/23/18 For Sale $650,000 +351.4% $262 / Sq Ft
06/16/2017 06/16/17 Sold $144,000 0.0% $111 / Sq Ft View Prior Sale
05/17/2017 05/17/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $144,000 -- $111 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,940 $31,274 -- --
2025 $3,940 $29,784 -- --
2024 $3,780 $28,366 -- --
2023 $3,566 $27,015 $0 $0
2022 $3,584 $25,729 $0 $0
2021 $3,563 $23,337 $0 $0
2020 $3,454 $23,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21820190

MLS of Southern Arizona

APN: 115-02-1490