NOT LISTED FOR SALE
Studio
-- Bath
3,024 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: March 22, 2012

Last sale price $238,000 $79 Per Sq Ft

31 Days on Market

About This Home

As of March 2012

Nice 5 unit property just blocks from the U of A, and downtown. Property consists of a 4-plex (built 1948, updated '96) and a newer detached unit (built 1996). Each of the 4-plex units is 1BR/1BA, 606 sqf. The detached unit is 2BR/1BA, 600 sqf. All units have a fenced patio. All 5 units separately metered for electric. Refrigerators included. Rarely a vacancy in this location.

Last Agent to Sell the Property

Peter Ware

Long Realty Company Listed on: 02/03/2012

Last Buyer's Agent

Peter Ware

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1948

Lot Details

  • 9,150 Sq Ft Lot
  • Lot Dimensions are 50' x 183'

Home Design

  • 3,024 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $2,899 special tax assessment

Community Details

Overview

  • Rieckers Addition Subdivision

Building Details

  • Fuel Expense $1,442
  • Insurance Expense $2,110
  • Water Sewer Expense $1,440
  • Gross Income $29,760
  • Net Operating Income $21,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Year Built

Built in 1948

Lot Details

9,150 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Legal Description: Lot 2, Block 8, Reikers Addition, Pima County, Arizona
  • List Price per Sq Ft: 82.67
  • Unit Info Average Monthly Rent One Bedroom: 470.00
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units1 B R: 4
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3024.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Evaporative Cooling, Zoned
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1442.00
  • Expenses Taxes Assessments: 2899.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.21
  • Lot Dimensions: 50' x 183'
  • Lot Size Price Sq Ft: 27.32
  • Lot Sq Ft: 9150.00
  • Lot Sz Sold Prc Sq Ft: 26.01
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 124-07-1420
  • Taxes: 2899.00
  • Tax Year: 2011
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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 List to Sale Price per Sq Ft
03/22/2012 03/22/12 Sold $238,000 -4.8% $79 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $250,000 -- $83 / 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 $2,827 $25,443 -- --
2025 $2,827 $24,232 -- --
2024 $2,707 $23,078 -- --
2023 $2,901 $21,979 $0 $0
2022 $2,915 $20,932 $0 $0
2021 $2,899 $18,986 $0 $0
2020 $2,810 $18,986 $0 $0
2019 $2,881 $27,574 $0 $0
2018 $2,818 $17,039 $0 $0
2017 $2,802 $17,039 $0 $0
2016 $2,751 $16,228 $0 $0
2015 $2,673 $15,455 $0 $0
Source: Public Records

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Map

Source: MLS of Southern Arizona

MLS Number: 21203357

MLS of Southern Arizona
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