NOT LISTED FOR SALE

Estimated Value: $389,000 - $608,000

-- Bed
-- Bath
1,466 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 08, 2016

Last sale price $248,000 $169 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,842/month

156 Days on Market

About This Home

As of February 2016

One of the most distinctive properties in West University. Ripe for restoration!! The great arches and exposed brick work to the front duplex with separate studio in back. Large HR-2 Lot allows for many possibilities. Off street parking off alley. 5 minute walk to Main Gate of U of A and 4th Avenue shopping and dining.

Last Listed By

Timothy Hagyard

Long Realty Listed on: 09/04/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 188

Home Design

  • 1,466 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • $1,531 special tax assessment

Community Details

Overview

  • Buells Subdivision

Building Details

  • Fuel Expense $3,209
  • Insurance Expense $1,326
  • Maintenance Expense $620
  • Water Sewer Expense $1,526
  • Gross Income $28,800
  • Net Operating Income $20,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Buells Lot 4 Blk 4
  • List Price per Sq Ft: 187.59
  • Unit Info Average Monthly Rent One Bedroom: 800.00
  • Unit Info Average Monthly Rent Studios: 800.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1466.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3209.00
  • Expenses Maintenance Supplies: 620.00
  • Expenses Taxes Assessments: 1530.82

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.22
  • Lot Dimensions: 50 x 188
  • Lot Size Price Sq Ft: 28.70
  • Lot Sq Ft: 9583.00
  • Lot Sz Sold Prc Sq Ft: 25.88
  • Municipality Zoning: Tucson - HR2

Building Info

  • Year Built: 1900

Tax Info

  • Tax Code: 124-05-0280
  • Taxes: 1530.82
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Feb 2, 2016
Sold by
Wood Wanphen and Wood Kenneth C
Bought by
Wood Kenneth C
Seller's Agent
Timothy Hagyard
Long Realty
Buyer's Agent
Danny Roth
Keller Williams Southern Arizona
List Price
$248,000
Sold Price
$248,000
Total Days on Market
156
Current Estimated Value
$482,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,476
Avg. Annual Appreciation
7.48%
Original Mortgage
$186,000
Outstanding Balance
$150,136
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$332,340

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 29, 2016
Sold by
Morrison Robert L and Morrison Cathy
Bought by
Wood Kenneth C
Seller's Agent
Timothy Hagyard
Long Realty
Buyer's Agent
Danny Roth
Keller Williams Southern Arizona
List Price
$248,000
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$150,136
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$332,340

Purchase Details

Closed on
Sep 29, 2005
Sold by
Morrison Robert L and Morrison Robert Christopher
Bought by
Morrison Robert L and Morrison Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Morrison Tracy
Bought by
Morrison Robert Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Morrison Cathy
Bought by
Morrison 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
$268,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Tinsley Alison and Fields Chris
Bought by
Brazito Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1999
Sold by
Kerrigan Thomas L and Kerrigan Geraldine M
Bought by
Wilke Peter T

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
7.82%
Mortgage Type
Seller Take Back

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 Buyer Sale Price Title Company
Wood Kenneth C -- Catalina Title Agency
Wood Kenneth C $248,000 Catalina Title Agency
Wood Kenneth C $248,000 Catalina Title Agency
Morrison Robert L -- Tfati
Morrison Robert Christopher -- --
Morrison Robert Christopher -- --
Morrison Robert L -- --
Morrison Robert L $335,000 --
Brazito Llc $253,000 --
Fields Chris $253,000 --
Wilke Peter T $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Kenneth C $186,000
Closed Wood Kenneth C $186,000
Previous Owner Morrison Robert L $268,000
Previous Owner Fields Chris $202,400
Previous Owner Wilke Peter T $136,000
Previous Owner Wilke Peter T $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2016 02/08/16 Sold $248,000 0.0% $169 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $248,000 -- $169 / 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
2024 $1,848 $14,697 -- --
2023 $1,848 $13,997 $0 $0
2022 $1,857 $13,330 $0 $0
2021 $1,846 $12,091 $0 $0
2020 $1,790 $13,497 $0 $0
2019 $1,766 $18,893 $0 $0
2018 $1,728 $10,445 $0 $0
2017 $1,718 $10,445 $0 $0
2016 $1,678 $9,947 $0 $0
2015 $1,627 $9,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21524582

MLS of Southern Arizona

APN: 124-05-0280