NOT LISTED FOR SALE

723 W Alturas St Tucson, AZ 85705

Balboa Heights Neighborhood

Estimated Value: $200,343 - $329,000

-- Bed
-- Bath
1,200 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $78,500 $65 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,425/month

95 Days on Market

About This Home

As of October 2014

Spacious, light filled kitchen with gas stove and side by side refrigerator with in door water/ice. New carpet in bedroom(s), Saltillo tile floors elsewhere. Roomy bathroom with tiled counter, low flow toilet and enclosed shower/tub. Water/sewage/garbage billed to owner. Elec/gas services individually metered to each unit. Unit A (1bdrm) has gas heater on roof. Unit B(2bdrm) has single wall heater. Each unit has evap cooler on roof. Each bdrm has wall mounted room sized AC (3 total). 30 gallon gas water heater for each unit. Fully fenced front yards. 2 large storage sheds/good condition. Circular driveway & huge parking area. Property is very well maintained/very clean & on a quiet residential street. Exterior painted in 2012.

Last Agent to Sell the Property

Erica Hoffman

Keller Williams Southern Arizona Listed on: 05/12/2014

Last Buyer's Agent

David Mayberry

Tucson Pinnacle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 138

Home Design

  • 1,200 Sq Ft Home
  • Duplex
  • Masonry

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

  • $853 special tax assessment

Community Details

Overview

  • Miracle Mile Manor Subdivision

Building Details

  • Insurance Expense $358
  • Maintenance Expense $1,263
  • Water Sewer Expense $1,567
  • Gross Income $12,000
  • Net Operating Income $7,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$853

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Miracle Mile Manor Lot 3 Blk 7 (double lot parcel - also incl. 725 W. Alturas)
  • List Price per Sq Ft: 65.83
  • Unit Info Average Monthly Rent One Bedroom: 425.00
  • Unit Info Average Monthly Rent Two Bedroom: 575.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1200.00

Exterior Features

  • Construction: Masonry Stucco

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1263.11
  • Expenses Taxes Assessments: 852.74

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.24
  • Lot Dimensions: 75 X 138
  • Lot Size Price Sq Ft: 7.56
  • Lot Sq Ft: 10454.00
  • Lot Sz Sold Prc Sq Ft: 7.51
  • Municipality Zoning: Tucson - R1

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 107-08-2510
  • Taxes: 852.74
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Sep 8, 2014
Sold by
Nielsen Hans and Deno Cynthia
Bought by
Spencer Robert R
Seller's Agent
Erica Hoffman
Keller Williams Southern Arizona
Buyer's Agent
David Mayberry
Tucson Pinnacle Realty LLC
List Price
$78,500
Sold Price
$78,500
Current Estimated Value
$243,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,007
Avg. Annual Appreciation
10.29%
Original Mortgage
$58,875
Outstanding Balance
$45,620
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$180,749

Purchase Details

Closed on
Feb 26, 2005
Sold by
Wang Raymond
Bought by
Nielsen Hans and Deno Cynthia

Purchase Details

Closed on
Jul 11, 1994
Sold by
Wolfe Timothy L and Lynch Marjory L
Bought by
Wang Raymond
Source: Public Records

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
Spencer Robert R $78,500 Title Security Agency Llc
Nielsen Hans $104,000 --
Nielsen Hans $104,000 --
Wang Raymond $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Robert R $58,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $78,500 0.0% $65 / Sq Ft
09/14/2014 09/14/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $78,500 -- $65 / 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 $965 $9,416 -- --
2023 $965 $8,968 -- --
2022 $979 $8,541 $0 $0
2021 $965 $7,747 $0 $0
2020 $960 $9,422 $0 $0
2019 $935 $8,515 $0 $0
2018 $902 $6,692 $0 $0
2017 $886 $6,692 $0 $0
2016 $893 $6,373 $0 $0
2015 $947 $6,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Erica Hoffman

    Keller Williams Southern Arizona

  • D

    Buyer's Agent in 2014

    David Mayberry

    Tucson Pinnacle Realty LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21413722

MLS of Southern Arizona

APN: 107-08-2510

Arizona Pima County Tucson 85705 Balboa Heights

723 W Alturas St, Tucson, AZ

This home is located at 723 W Alturas St, Tucson, AZ 85705 since 12 May 2014 and is currently estimated at $248,836, approximately $207 per square foot. This property was built in 1948. 723 W Alturas St is a home located in Pima County with nearby schools including E C Nash Elementary School, La Cima Middle School, and Amphitheater High School.

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