NOT LISTED FOR SALE

Estimated Value: $293,000 - $569,000

Studio
-- Bath
2,103 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $219,000 $104 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,335/month

132 Days on Market

About This Home

As of July 2017

Recently flipped university investment property. New plumbing, bathrooms and kitchen. Property currently vacant. Numbers are proforma for a University property with students. Priced way below market!!!

Last Agent to Sell the Property

Morgan Abraham

ABECAP Listed on: 02/19/2017

Last Buyer's Agent

Stephen McNair-Larese

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 2,103 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $2,137 special tax assessment

Community Details

Overview

  • Biltmore Addition Subdivision

Building Details

  • Insurance Expense $1,627
  • Maintenance Expense $2,070
  • Professional Management Expense $2,070
  • Gross Income $27,600
  • Net Operating Income $19,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1952

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: BILTMORE RESUB LOT 14 BLK 3
  • List Price per Sq Ft: 99.86
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Average Monthly Rent Two Bedroom: 850.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2103.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • 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: 2070.00
  • Expenses Taxes Assessments: 2136.51

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: irregular
  • Lot Size Price Sq Ft: 28.36
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 29.57
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1952

Tax Info

  • Tax Code: 123-14-0720
  • Taxes: 2136.51
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2019
Sold by
Wright Jonathan
Bought by
Reilly Bo and Reilly Brianna L
Current Estimated Value
$409,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Outstanding Balance
$191,369
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$217,767

Purchase Details

Listed on
Feb 19, 2017
Closed on
Jun 29, 2017
Sold by
Abraham Morgan
Bought by
Wright Jonathan
Seller's Agent
Morgan Abraham
ABECAP
Buyer's Agent
Stephen McNair-Larese
Keller Williams Southern Arizona
List Price
$219,000
Sold Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$215,033
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2017
Sold by
Hatch David Loy and Hatch Brittany Kay
Bought by
Abraham Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2011
Sold by
Zachmeier Robert J and Zachmeier Camille A
Bought by
Hatch David Loy and Hatch Brittany Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,614
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Stuart Robin M
Bought by
Zachmeier Robert J and Zachmeier Camille A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2006
Sold by
Villela Christine
Bought by
Stuart Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Villela Amado
Bought by
Villela Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Sfi Partners
Bought by
Johnson James H
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

Date Buyer Sale Price Title Company
Reilly Bo $230,000 Catalina Title Agency
Wright Jonathan $219,000 Catalina Title Agency
Abraham Morgan $155,000 Title Security Agency Llc
Hatch David Loy $173,000 Tstti
Zachmeier Robert J $137,630 Tstti
Stuart Robin M $245,000 None Available
Stuart Robin M $245,000 None Available
Villela Christine -- Ticor
Villela Christine $150,000 Ticor
Johnson James H $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Bo $218,500
Previous Owner Wright Jonathan $215,033
Previous Owner Abraham Morgan $124,000
Previous Owner Hatch David Loy $168,614
Previous Owner Zachmeier Robert J $160,000
Previous Owner Stuart Robin M $171,500
Previous Owner Villela Christine $120,000
Closed Stuart Robin M $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $219,000 0.0% $104 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
02/19/2017 02/19/17 For Sale $219,000 -- $104 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $2,805 $22,269 -- --
2025 $2,805 $21,208 -- --
2024 $2,246 $20,198 -- --
2023 $2,246 $19,237 -- --
2022 $2,238 $18,321 $0 $0
2021 $2,246 $16,617 $0 $0
2020 $2,155 $17,633 $0 $0
2019 $2,093 $17,507 $0 $0
2018 $1,997 $14,355 $0 $0
2017 $1,906 $14,355 $0 $0
2016 $2,137 $13,671 $0 $0
2015 $2,062 $13,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21704892

MLS of Southern Arizona

APN: 123-14-0720

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