NOT LISTED FOR SALE

Estimated Value: $298,000 - $639,598

Studio
10 Baths
6,264 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2018

Last sale price $375,000 $60 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,727 / mo

19 Days on Market

Highlights

  • RV Access or Parking
  • Secondary bathroom tub or shower combo
  • Brick or Stone Mason
  • Ranch Style House
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of May 2018

FANTASTIC Investment Property! Units are always rented. Property is made up of 4 parcels that include: 4 duplexes and 2 free standing homes. There are 7- 1 bedroom units and 3- 2 bedroom units. Approved for section 8 housing. Owner pays water, sewer, and trash. Tenants pay their own electric and gas. There is room for the new owners to raise the rents. Seller has not raised the rents in 10 years. (140-23-1410,140-23-1420, 140-23-1430,140-23-1400)

Last Agent to Sell the Property

Anthony Boatner

Keller Williams Southern Arizona License #SA546201000 Listed on: 04/19/2018

Keller Williams Southern Arizona

Last Buyer's Agent

Pedro Romero

Long Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 42 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Quadruplex
  • Ranch Style House
  • Brick or Stone Mason
  • Built-Up Roof

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 6,264 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Parking

  • On-Site Parking
  • RV Access or Parking

Location

  • Ground Level

Schools

  • Drexel Elementary School
  • Apollo Middle School
  • Sunnyside High School

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • $3,074 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $800
  • Water Sewer Expense $5,040
  • New Taxes Expense $3,074
  • Operating Expense $10,914
  • Gross Income $66,200
  • Net Operating Income $55,286

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

42 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • LotSizeAcres: 0.22
  • Lot Size: Unknown
  • Road Surface Type: Paved
  • CapRate: 14.74
  • Supplies Expense: 800.0
  • Co List Office Mls Id: 478306
  • Co List Office Phone: 520-615-8400
  • Co List Office Mls Id: 478313
  • Subdivision Name: Southland Park
  • Location Tax Legal: Tax Year: 2017
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Quadruplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: Unknown
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Drexel
  • General Property Information: Middle School: Apollo
  • General Property Information: High School: Sunnyside
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 66.25
  • General Property Information: Lot Size Price/SqFt: 42.55
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Main Heating: Forced Air: Yes
  • Main Heating: Natural Gas: Yes
  • Water Heater: Natural Gas: Yes
  • Association Fees: HOA: No
  • Subdivision Restrict: CC&Rs: Yes
  • Construction: Brick: Yes
  • Fence: Chain Link: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • Fence: Wood: Yes
  • General Property Information: Attached/Detached: Detached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Technology: Cable TV: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Main Cooling: Evaporative Cooling: Yes
  • Style: Ranch: Yes
  • Unit 3 Information: Stories: Single
  • Unit 4 Information: Stories: Single
  • Technology: Satellite Dish: Yes
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Refrigerator
  • Floor Covering: Ceramic Tile: Yes
  • Window Covering: Some: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Furnished: No
  • Dining Areas: Dining in LR/GR: Yes
  • Bathroom Features: Shower & Tub/Hall: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 3 Information: Furnished: No
  • Unit 4 Information: Floor: 1st
  • Unit 4 Information: Furnished: No
  • Laundry: Facility: Yes

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: None
  • Construction Type: Brick
  • Patio And Porch Features: None
  • Roof: Built-Up - Reflect: Yes

Garage/Parking

  • Parking Features: None
  • RV Parking: Space Available: Yes
  • Unit 2 Information: Parking: On Property
  • Unit 3 Information: Parking: On Property
  • Unit 4 Information: Parking: On Property

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Facility
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: Natural: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 800.0
  • Expenses Taxes Assessments: 3073.85
  • Annual Water Sewer Expense: 5040.0

Schools

  • Junior High Dist: Sunnyside
  • Middle Or Junior School: Apollo

Lot Info

  • Lot Features: Subdivided
  • Lot Size Sq Ft: 42.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1957

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2017
  • New Taxes Expense: 3073.85

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 66200.0
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 55286.15
  • Annual Operating Expense: 10913.85

MLS Schools

  • Elementary School: Drexel
  • High School: Sunnyside

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 4, 2018
Sold by
Bought by
Seller's Agent
Anthony Boatner
Keller Williams Southern Arizona
Buyer's Agent
Pedro Romero
Long Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$293,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,514
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$380,000 Pioneer Title Agency Inc
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $375,000 0.0% $60 / Sq Ft
04/18/2018 04/18/18 For Sale $375,000 -- $60 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,700 $12,520 -- --
2025 $1,700 $11,923 -- --
2024 $1,285 $11,356 -- --
2023 $1,285 $10,815 -- --
2022 $1,269 $10,300 $0 $0
2021 $1,285 $9,342 $0 $0
2020 $1,292 $13,303 $0 $0
2019 $1,273 $11,299 $0 $0
2018 $1,259 $8,070 $0 $0
2017 $1,229 $8,070 $0 $0
2016 $1,196 $7,686 $0 $0
2015 $1,029 $7,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21811160

MLS of Southern Arizona

APN: 140-23-1410

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