NOT LISTED FOR SALE

814 E 9th St Tucson, AZ 85719

Rincon Heights Neighborhood
-- Bed
-- Bath
23,522 Sq Ft
0.62 Acres

Last Sold September 30, 2016

Last sale price $2,000,000 $85 Per Sq Ft

26 Days on Market

Highlights

  • 0.62 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Iron Horse Park

About This Home

As of September 2016

The Mark Hall Apartments, 29 brick units only 3 blocks from the University of Arizona. Apartment complexes in this area rarely come on the market. Well built UNDER RENTED (by approximately 20%-30%) property in prime location between downtown and the U of A. Only 4 blocks to 4th Ave. shops and restaurants. 24- 850-950 sq. ft. 2 bd. units, 2-studios , 2- 1 bd, and 1 -1075 sq. ft. 3 bd/2ba. 4 -2 bd. units and 1 -3bd/2ba have been totally remodeled with high-end materials. Community pool & owned laundry, Units are individually metered for gas & elec. Property is master metered for water and has two central hot water boilers. Gross income is based on current rents. Expenses are performa based on actual 2014 expenses. Longtime owner does majority of maintenance.repairs and management.

Last Agent to Sell the Property

Jade Bossert

Tierra Antigua Realty Listed on: 07/11/2016

Tierra Antigua Realty

Last Buyer's Agent

Jade Bossert

Tierra Antigua Realty Listed on: 07/11/2016

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,090

Year Built

  • Built in 1969

Lot Details

  • 0.62 Acre Lot

Home Design

  • 23,522 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • $17,089 special tax assessment

Community Details

Overview

  • Rieckers Addition Subdivision

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $5,404
  • Maintenance Expense $8,324
  • Water Sewer Expense $20,000
  • Gross Income $205,108
  • Net Operating Income $134,991

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,090

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Rieckers Lots 4,5 & 6 Blk 5
  • List Price per Sq Ft: 91.83
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 462.00
  • Unit Info Average Monthly Rent Two Bedroom: 663.00
  • Unit Info Average Monthly Rent Three Bedroom: 990.00
  • Unit Info Average Monthly Rent Studios: 412.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 24
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 29
  • Unit Info Number Of Units Studios: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 23522.00
  • Interior Steps: Yes

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
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Contract Services: 5700.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3600.00
  • Expenses Maintenance Supplies: 8324.00
  • Expenses Other Expenses: 10000.00
  • Expenses Taxes Assessments: 17089.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.62
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 79.95
  • Lot Sq Ft: 27017.00
  • Lot Sz Sold Prc Sq Ft: 74.03
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1969

Tax Info

  • Tax Code: 124-07-080B
  • Taxes: 17089.64
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $2,000,000 0.0% $85 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $2,000,000 -- $85 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jade Bossert

    Seller's Agent in 2016

    Jade Bossert

    Tierra Antigua Realty

    (520) 318-5290

    59 Total Sales

    Jade Bossert
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Map

Source: MLS of Southern Arizona

MLS Number: 21619102

MLS of Southern Arizona
Arizona Pima County Tucson 85719 Rincon Heights

814 E 9th St, Tucson, AZ

This home is located at 814 E 9th St, Tucson, AZ 85719 since 11 July 2016. This property was built in 1969. 814 E 9th St is a home located in Pima County with nearby schools including Roskruge Bilingual Magnet Middle School, Mansfeld Middle School, and Tucson High Magnet School.

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