NOT LISTED FOR SALE

Estimated Value: $480,000 - $597,000

-- Bed
-- Bath
3,004 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $300,000 $100 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,988/month

62 Days on Market

About This Home

As of July 2017

This 4 plex is freshly renovated from top to bottom, you wouldn't recognize this property even if you'd been it's previous owner. No inch was overlooked from the kitchens to all new bathrooms, this investment property has received so much more than a makeover. Each unit now has it's own fenced in yard offering privacy and security. Off street parking for 3 of the 4 units with additional parking on the street. Brand new roof on 2 of the 4 units. Property currently holds two lease agreements with tenants for the next year. Don't miss out on your chance to invest wisely! Live in one unit, rent the rest! Won't last long!!!

Last Agent to Sell the Property

Peter Wilkins

My Home Group Listed on: 05/27/2017

My Home Group

Last Buyer's Agent

Jeff Leblanc

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1962

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 65x125x60x125

Home Design

  • 3,004 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • $1,863 special tax assessment

Community Details

Overview

  • Miracle Mile Manor Subdivision

Building Details

  • Insurance Expense $1,300
  • Professional Management Expense $3,420
  • Water Sewer Expense $2,100
  • Gross Income $31,400
  • Net Operating Income $22,717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Quadruplex
  • Legal Description: MIRACLE MILE MANOR E60' LOT 11 BLK 8
  • List Price per Sq Ft: 99.83
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3004.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: Public
  • Fire Protection: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1862.65

Lot Info

  • Lot Acres: 0.18
  • Lot Dimensions: 65x125x60x125
  • Lot Size Price Sq Ft: 39.99
  • Lot Sq Ft: 7500.00
  • Municipality Zoning: Tucson - 03

Building Info

  • Year Built: 1962

Tax Info

  • Tax Code: 107-08-3080
  • Taxes: 1809.08
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2017
Closed on
Jul 26, 2017
Sold by
Icho Investments Llc
Bought by
Yates Blair W
Seller's Agent
Peter Wilkins
My Home Group
Buyer's Agent
Jeff Leblanc
Russ Lyon Sotheby's International Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$532,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,505
Avg. Annual Appreciation
7.26%
Original Mortgage
$294,566
Outstanding Balance
$245,460
Interest Rate
3.91%
Mortgage Type
FHA
Estimated Equity
$287,045

Purchase Details

Closed on
Jan 8, 2015
Sold by
Acuna Daniel
Bought by
Icho Investments Llc

Purchase Details

Closed on
Nov 10, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Acuna Daniel

Purchase Details

Closed on
Aug 29, 2014
Sold by
Bustamante Fernando A and Bustamante Lilia N
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 2, 2006
Sold by
Estrada Maryann
Bought by
Bustamante Fernando A and Bustamante Lilia N

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
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Precision Investment & Associates Inc
Bought by
Estrada Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,700
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1998
Sold by
Kelly Michael and Kelly Michael J
Bought by
Romero Frank S and Romero Frances C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,694
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 1994
Sold by
Higuera Jose V and Higuera Higueora J
Bought by
Kelly Michael and Kelly Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.6%
Mortgage Type
Seller Take Back
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
Yates Blair W $300,000 Fidelity Natl Title Agency I
Yates Blair W $300,000 Fidelity Natl Title Agency I
Icho Investments Llc -- None Available
Acuna Daniel $115,500 None Available
Nationstar Mortgage Llc $153,698 Accommodation
Bustamante Fernando A $245,000 None Available
Bustamante Fernando A $245,000 None Available
Estrada Maryann -- Title Guaranty
Romero Frank S $135,000 Lawyers Title Of Arizona Inc
Kelly Michael $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Blair W $294,566
Closed Yates Blair W $294,566
Previous Owner Bustamante Fernando A $171,500
Previous Owner Estrada Maryann $133,700
Previous Owner Romero Frank S $128,694
Previous Owner Kelly Michael $100,000
Closed Bustamante Fernando A $61,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $300,000 0.0% $100 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $300,000 -- $100 / 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 $1,844 $18,879 -- --
2024 $1,844 $17,980 -- --
2023 $1,844 $17,124 -- --
2022 $1,869 $16,309 $0 $0
2021 $1,844 $14,793 $0 $0
2020 $1,834 $16,204 $0 $0
2019 $1,784 $16,342 $0 $0
2018 $1,722 $12,778 $0 $0
2017 $1,937 $12,778 $0 $0
2016 $1,863 $12,170 $0 $0
2015 $1,809 $11,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21714427

MLS of Southern Arizona

APN: 107-08-3080