NOT LISTED FOR SALE

Estimated Value: $336,333 - $427,000

-- Bed
-- Bath
2,354 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $109,000 $46 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $2,179/month

107 Days on Market

About This Home

As of June 2012

Great investment opportunity. Two 2 bedroom, 2bath units. One unit partially remodeled. Dual cooling and integra block construction make these units very energy efficient. Rent both or live in one and rent the other.

Last Agent to Sell the Property

Maria Powell

Help-U-Sell Galleria Realty Listed on: 02/04/2012

Last Buyer's Agent

Pat Mendoza

Maxam Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1995

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100

Home Design

  • 2,354 Sq Ft Home
  • Duplex
  • Masonry

Utilities

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

Listing and Financial Details

  • $2,238 special tax assessment

Community Details

Overview

  • El Rio Park Subdivision

Building Details

  • Insurance Expense $600
  • Maintenance Expense $600
  • Gross Income $15,595
  • Net Operating Income $12,157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,238

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: El Rio Park, S60' of lots 12 & 13, Blk 24
  • List Price per Sq Ft: 45.41
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2354.00
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco

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: 600.00
  • Expenses Taxes Assessments: 2237.71

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.14
  • Lot Dimensions: 60 X 100
  • Lot Size Price Sq Ft: 17.82
  • Lot Sq Ft: 6000.00
  • Lot Sz Sold Prc Sq Ft: 18.17
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1995

Tax Info

  • Tax Code: 116-12-572A
  • Taxes: 2237.71
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Morales Jesus E Marquez and Morales Maria Marquez
Bought by
Morales Jesus E Marquez and Marquez Maria Teresa
Current Estimated Value
$381,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$134,086
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$247,497

Purchase Details

Listed on
Feb 4, 2012
Closed on
Apr 5, 2012
Sold by
Beneficial Financial I Inc
Bought by
Morales Jesus E Marquez and Morales Maria Marquez
Seller's Agent
Maria Powell
Help-U-Sell Galleria Realty
Buyer's Agent
Pat Mendoza
Maxam Realty Advisors
List Price
$114,900
Sold Price
$109,000
Premium/Discount to List
-$5,900
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$87,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2011
Sold by
Carpio David and Carpio Lucia
Bought by
Beneficial Financial I Inc

Purchase Details

Closed on
Feb 19, 1999
Sold by
Fraijo Agnes
Bought by
Fraijo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 1998
Sold by
Fraijo Agnes
Bought by
Fraijo Frank

Purchase Details

Closed on
May 4, 1995
Sold by
Romero Virginia Sue
Bought by
Fraijo Frank and Fraijo Agnes
Source: Public Records

Range of Values:

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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
Morales Jesus E Marquez -- Pima Title Agency Llc
Morales Jesus E Marquez -- New Title Company Name
Morales Jesus E Marquez $109,000 Security Title Agency
Morales Jesus E Marquez $109,000 Security Title Agency
Beneficial Financial I Inc -- Accommodation
Fraijo Frank -- --
Carpio David $139,000 --
Fraijo Frank -- --
Fraijo Frank -- --
Fraijo Frank $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Jesus E Marquez $150,000
Closed Morales Jesus E Marquez $150,000
Previous Owner Morales Jesus E Marquez $87,200
Previous Owner Carpio David $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $109,000 -5.1% $46 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $114,900 -- $49 / 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 $1,859 $16,641 -- --
2024 $1,859 $15,849 -- --
2023 $1,756 $15,094 $0 $0
2022 $1,756 $14,375 $0 $0
2021 $1,762 $13,039 $0 $0
2020 $1,691 $16,460 $0 $0
2019 $1,643 $15,341 $0 $0
2018 $1,567 $11,263 $0 $0
2017 $1,495 $11,263 $0 $0
2016 $1,458 $10,727 $0 $0
2015 $1,394 $10,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21203297

MLS of Southern Arizona

APN: 116-12-572A