NOT LISTED FOR SALE

Estimated Value: $511,065 - $757,000

-- Bed
-- Bath
3,020 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $318,000 $105 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,561/month

95 Days on Market

About This Home

As of September 2016

High-quality turnkey 4-plex ALL 2BR/1 Bath units directly in the path of development close to Mountain Bike Path with a 91 Bike Score. Property is part of two tax parcels, 8 UNITS TOTAL. Four units are 11308314A. Four units are 11308314B. MUST SELL TOGETHER. These units all have: New roofs, new HVAC, gorgeous cosmetics including hardwood floors, new kitchens and baths,separate laundry rooms, two pkg spaces per unit. This property underwent a significant renovation/repositioning recently. Room for rent increases. All 8 tenants renewed through 7/31/17. Pepper Viner is building a significant and tasteful urban infill project directly across the street which is pre-selling aggressively. owner is a licensed real estate agent in A

Last Agent to Sell the Property

Philip Lipman

Bright Properties Listed on: 06/13/2016

Last Buyer's Agent

Alan Aronoff

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 104.95 x 230.35

Home Design

  • 3,020 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,654 special tax assessment

Community Details

Overview

  • Garden Homes Annex Subdivision

Building Details

  • Insurance Expense $825
  • Professional Management Expense $3,048
  • Water Sewer Expense $3,110
  • Gross Income $38,097
  • Net Operating Income $29,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: GARDEN HOMES ANNEX LOT 3 BLK 10 EXC E52.475'THEREOF
  • List Price per Sq Ft: 107.62
  • Unit Info Average Monthly Rent Two Bedroom: 795.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3020.00
  • Interior Steps: No

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Heat Pump
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1654.29

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.28
  • Lot Dimensions: 104.95 x 230.35
  • Lot Size Price Sq Ft: 26.66
  • Lot Sq Ft: 12192.00
  • Lot Sz Sold Prc Sq Ft: 26.08
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1985

Tax Info

  • Tax Code: 113-08-314B
  • Taxes: 1654.29
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
808 816 Blacklidge Llc
Bought by
Ni Huilan Isabel
Current Estimated Value
$625,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,400
Outstanding Balance
$250,183
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$375,172

Purchase Details

Closed on
Sep 4, 2018
Sold by
Ni Huilan Isabel
Bought by
808 816 Blacklidge Llc

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 10, 2016
Sold by
Lipman Philip A and Melendez Constance
Bought by
Ni Huilan Isabel
Seller's Agent
Philip Lipman
Bright Properties
Buyer's Agent
Alan Aronoff
Ochoa Realty & Property Management
List Price
$318,000
Sold Price
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$210,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2014
Sold by
808 & 822 E Blacklidge Llc
Bought by
Lipman Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2013
Sold by
The Tucson Urban League Inc
Bought by
808-822 E Blacklidge Llc
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
Ni Huilan Isabel -- Fidelity Natl Ttl Agcy Inc
Ni Huilan Isabel -- Fidelity Natl Ttl Agcy Inc
808 816 Blacklidge Llc -- None Available
Ni Huilan Isabel $318,000 Long Title Agency Inc
Lipman Philip A -- Fidelity Natl Title Agency
Lipman Philip A -- Fidelity Natl Title Agency
808-822 E Blacklidge Llc $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Huilan Isabel $281,400
Closed Ni Huilan Isabel $281,400
Previous Owner Ni Huilan Isabel $210,000
Previous Owner Lipman Philip A $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $318,000 0.0% $105 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $318,000 -- $105 / 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 $1,832 $16,444 -- --
2024 $1,832 $15,661 -- --
2023 $1,832 $14,915 -- --
2022 $1,871 $14,205 $0 $0
2021 $1,832 $12,884 $0 $0
2020 $1,821 $17,077 $0 $0
2019 $1,774 $15,512 $0 $0
2018 $1,717 $11,130 $0 $0
2017 $1,687 $11,130 $0 $0
2016 $1,626 $10,600 $0 $0
2015 $1,654 $12,382 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21616548

MLS of Southern Arizona

APN: 113-08-314B