NOT LISTED FOR SALE

Estimated Value: $378,755 - $578,000

Studio
-- Bath
2,056 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $165,000 $80 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,740/month

46 Days on Market

About This Home

As of December 2012

Wow an investment that already pays! All four units are occupied and rented. Plus an additional studio currently used as storage. Over $1,800 of current monthly income. Great tenants. Truly a must see!

Last Agent to Sell the Property

Marsee Wilhems

RE/MAX Majestic Listed on: 10/19/2012

Last Buyer's Agent

Bob Zachmeier

Desert Moon Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot

Home Design

  • 2,056 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,680 special tax assessment

Community Details

Overview

  • La Mesa Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $300
  • Water Sewer Expense $500
  • Gross Income $21,700
  • Net Operating Income $18,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,679

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: La Mesa Lot 1
  • List Price per Sq Ft: 85.12
  • Unit Info Average Monthly Rent One Bedroom: 430.00
  • Unit Info Average Monthly Rent Two Bedroom: 550.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2056.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 300.00
  • Expenses Taxes Assessments: 1680.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.26
  • Lot Dimensions: unknown
  • Lot Size Price Sq Ft: 85.12
  • Lot Sq Ft: 2056.00
  • Lot Sz Sold Prc Sq Ft: 80.25
  • Municipality Zoning: Tucson - 03

Building Info

  • Year Built: 1974

Tax Info

  • Tax Code: 106-01-0010
  • Taxes: 1678.70
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Labra Maria Iris
Bought by
Arrayan Services Llc
Current Estimated Value
$494,252

Purchase Details

Closed on
Dec 22, 2020
Sold by
Arrayan Services Llc
Bought by
Labra Maria Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,740
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
Sold by
Labra Maria Iris
Bought by
Arrayan Services Llc

Purchase Details

Closed on
May 12, 2016
Sold by
Labra Maria Iris
Bought by
Labra Maria Iris

Purchase Details

Closed on
Mar 25, 2013
Sold by
Labra Maria Iris
Bought by
Emerald Llc

Purchase Details

Listed on
Oct 19, 2012
Closed on
Nov 29, 2012
Sold by
Hernandez Jimmy E and Arrington Candace A
Bought by
Labra Maria Iris
Seller's Agent
Marsee Wilhems
RE/MAX Majestic
Buyer's Agent
Bob Zachmeier
Desert Moon Real Estate
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$123,750
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2009
Sold by
Hernandez Jimmy E
Bought by
Hernandez Jimmy E

Purchase Details

Closed on
Dec 2, 1996
Sold by
Herron Donald Philip
Bought by
Hernandez Jimmy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,573
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1994
Sold by
State Street Bank & Trust Company
Bought by
Herron Donald Philip
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
Arrayan Services Llc -- None Available
Labra Maria Iris -- Fidelity Natl Ttl Agcy Inc
Arrayan Services Llc -- None Available
Labra Maria Iris -- None Available
Labra Maria Iris -- None Available
Emerald Llc -- None Available
Labra Maria Iris $165,000 Signature Title Agency Of Ar
Labra Maria Iris $165,000 Signature Title Agency Of Ar
Hernandez Jimmy E -- Tstti
Hernandez Jimmy E -- Tstti
Hernandez Jimmy E $114,700 --
Herron Donald Philip $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labra Maria Iris $109,740
Previous Owner Labra Maria Iris $123,750
Previous Owner Hernandez Jimmy E $105,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2012 12/04/12 Sold $165,000 0.0% $80 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $165,000 -- $80 / 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 $1,897 $15,415 -- --
2024 $1,717 $14,681 -- --
2023 $1,717 $13,982 -- --
2022 $1,754 $13,316 $0 $0
2021 $1,717 $12,078 $0 $0
2020 $1,707 $15,250 $0 $0
2019 $1,663 $12,808 $0 $0
2018 $1,609 $10,433 $0 $0
2017 $1,581 $10,433 $0 $0
2016 $1,527 $9,937 $0 $0
2015 $1,447 $9,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21225832

MLS of Southern Arizona

APN: 106-01-0010