NOT LISTED FOR SALE

Estimated Value: $230,000 - $312,295

4 Beds
2 Baths
1,280 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $269,500 $211 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,647/month

122 Days on Market

Highlights

  • 0.25 Acre Lot
  • Circular Driveway
  • Double Pane Windows
  • Ranch Style House
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of March 2023

Awesome opportunity to own a currently fully rented income producing property. walled front courtyard. HUGE back yard, upgrades already completed, including dual pane windows, 6ft back yard wood fence, replacement of plumbed gas lines to both units. Each unit has its own address and separate meters for electric and N.gas. These units rent quickly. Close to the U of A, Reid Park, Bus Line and minutes to downtown. Or, live in one unit and rent the other. Other people pay your mortgage! Tenants on a month to month lease.

Last Agent to Sell the Property

Stacie Whitfield

Flat List RE Listed on: 10/20/2022

Last Buyer's Agent

Anthony Urbina

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • East or West Exposure
  • Wood Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back and Front Yard

Home Design

  • Duplex
  • Ranch Style House
  • Rolled or Hot Mop Roof
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 1,280 Sq Ft Home
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Family Room
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Howell Elementary School
  • Roberts Middle School
  • University High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Ground Level

Listing and Financial Details

  • $1,341 special tax assessment

Community Details

Building Details

  • Insurance Expense $613
  • Water Sewer Expense $936
  • Gross Income $20,640
  • Net Operating Income $17,450

Additional Features

  • Alvernon Heights Addition Subdivision
  • Recreation Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: Entry
  • Legal Description: Alvernon Lot 10, BLK 1, Town 14S, Rangee 14E, Sect 10
  • Attached Detached: Attached
  • List Price per Sq Ft: 210.55
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 860.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 1280.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Laundry Other: Outside
  • Living Areas: Family Room
  • Extra Room: None
  • Kitchen Features: Double Sink, Gas Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Shared Fence, Wood
  • Landscape Front: Decorative Gravel, Low Care, Shrubs, Trees
  • Landscape Rear: Decorative Gravel, Low Care, None, Shrubs, Trees
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Rolled
  • Spa: None
  • View: None
  • Exterior Feature: Courtyard

Garage/Parking

  • Driveway: Car(s) Pad, Circular
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Evaporative Cooling
  • Main Heating: Natural Gas, Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street, Rec Center

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 300.00
  • Expenses Taxes Assessments: 1341.00

Schools

  • School District: TUSD
  • Elementary School: Howell
  • Middle School: Roberts (at Naylor)
  • High School: University

Green Features

  • Green Features: Energy Star Windows

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.25
  • Lot Dimensions: Irregular
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 25.23
  • Lot Sq Ft: 10683.00
  • Lot Sz Sold Prc Sq Ft: 25.23
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1953

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 126-06-0110
  • Taxes: 1341.03
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Roberts (at Naylor)
  • Elementary School: Howell
  • High School: University
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Mar 29, 2023
Sold by
Judy M Farrell Llc
Bought by
Nelson Elvia G and Nelson George J
Seller's Agent
Stacie Whitfield
Flat List RE
Buyer's Agent
Anthony Urbina
Long Realty
List Price
$269,500
Sold Price
$269,500
Views
32
Current Estimated Value
$274,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,074
Avg. Annual Appreciation
0.84%
Original Mortgage
$202,125
Outstanding Balance
$194,412
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$80,162

Purchase Details

Closed on
Mar 18, 2014
Sold by
Commerce Bank Of Arizona
Bought by
Judy M Farrell Llc

Purchase Details

Closed on
Nov 20, 2013
Sold by
The Chestnut Group Inc
Bought by
Commerce Bank Of Arizona

Purchase Details

Closed on
Jul 15, 2008
Sold by
Wood Edmund L
Bought by
The Chestnut Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1996
Sold by
Bouschor Royal G
Bought by
Park Ian G and Park Norma T
Source: Public Records

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Range of Values:

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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
Nelson Elvia G $269,500 Stewart Title & Trust Of Tucso
Judy M Farrell Llc $109,000 First American Title Ins Co
Judy M Farrell Llc $109,000 First American Title Ins Co
Commerce Bank Of Arizona -- Title Security Agency
Commerce Bank Of Arizona -- Title Security Agency
The Chestnut Group Inc $130,000 Ttise
Wood Edmund L -- Ttise
Wood Edmund L -- Ttise
Park Ian G -- --
Bouschor Ii Royal G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Elvia G $202,125
Previous Owner The Chestnut Group Inc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $269,500 0.0% $211 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
01/02/2023 01/02/23 Off Market $269,500 -- --
11/04/2022 11/04/22 For Sale $269,500 -- $211 / 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 $1,414 $10,614 -- --
2023 $1,341 $10,109 $0 $0
2022 $1,341 $9,628 $0 $0
2021 $1,333 $8,732 $0 $0
2020 $1,293 $11,670 $0 $0
2019 $1,276 $11,322 $0 $0
2018 $1,248 $7,543 $0 $0
2017 $1,241 $7,543 $0 $0
2016 $1,211 $7,184 $0 $0
2015 $1,161 $6,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22227144

MLS of Southern Arizona

APN: 126-06-0110