NOT LISTED FOR SALE

Estimated Value: $352,000 - $363,000

3 Beds
2 Baths
1,501 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $282,000 $188 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,163/month

33 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • Bathtub with Shower
  • Ranch Style House
  • Breakfast Area or Nook
  • Patio

About This Home

As of July 2021

DUPLEX with huge upside potential. Walk or Bike to U of A. 1bd/1ba & 2bd/1 ba. Because of the solid 1950's red brick construction the sound barrier between the units is superb. Many upgrades including a new roof (approx 5 years ago) and the conversion from Evap cooling to central HVAC. The units are individually metered for Gas and Electric. Currently owner pays water, although separate metering appears easily doable. The 1bd unit is relatively up to date and easily rentable as is. The 2bd unit has had the same tenants for 15 years. This unit will need a cosmetic remodel (new cabinets, flooring, etc.) The units are currently rented WAY below market average at $600 and $725. Both tenants are on month to month leases. The large backyard offers plenty of room for expansion.

Last Listed By

Nathanael Buus

Homelink Professional Realty Network L.L.C. Listed on: 06/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1954

Lot Details

  • 7,380 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,501 Sq Ft Home
  • Window Treatments
  • Family Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Located Outside
  • Laundry in Kitchen

Parking

  • 2 Parking Spaces
  • Carport
  • No Driveway

Outdoor Features

  • Patio

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $1,750 special tax assessment

Community Details

Overview

  • Jefferson Park Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,700
  • Water Sewer Expense $1,650
  • Gross Income $15,900
  • Net Operating Income $9,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,753

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: BILTMORE RESUB LOT 1 BLK 8
  • Attached Detached: Attached
  • List Price per Sq Ft: 185.88
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 1501.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Oven: gas
  • Living Areas: Family Room
  • Laundry: In Kitchen, Outside
  • Extra Room: None
  • Kitchen Features: Gas Range

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Historic, Paved Street

Fee Information

  • Expenses Capital Expenses: 1000.00
  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1750.00

Schools

  • School District: TUSD
  • Elementary School: Blenman
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: approximately 50 x 147
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 37.80
  • Lot Sq Ft: 7380.00
  • Lot Sz Sold Prc Sq Ft: 38.21
  • Municipality Zoning: Tucson - NR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1954

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: 123-14-1030
  • Taxes: 1753.08
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 30, 2021
Sold by
Baker Calvin J and Baker Nancy T
Bought by
Salazar Jairo Jimenez
Seller's Agent
Nathanael Buus
Homelink Professional Realty Network L.L.C.
Buyer's Agent
Danny Roth
Berkshire Hathaway Homeservices Premier Properties
List Price
$282,000
Sold Price
$282,000
Total Days on Market
33
Current Estimated Value
$357,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,492
Avg. Annual Appreciation
6.29%
Original Mortgage
$276,892
Outstanding Balance
$253,944
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$103,548

Purchase Details

Closed on
Nov 15, 1993
Sold by
Smith Victoria Susan
Bought by
Baker Calvin J and Baker Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,850
Interest Rate
6.91%

Range of Values:

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Average Value
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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
Salazar Jairo Jimenez $282,000 Premier Title Agency
Baker Calvin J $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Jairo Jimenez $276,892
Previous Owner Baker Calvin J $45,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $282,000 0.0% $188 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $282,000 -- $188 / 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 $1,941 $17,655 -- --
2023 $1,941 $13,710 $0 $0
2022 $1,819 $13,057 $0 $0
2021 $1,808 $11,843 $0 $0
2020 $1,753 $14,415 $0 $0
2019 $1,730 $14,294 $0 $0
2018 $1,692 $10,231 $0 $0
2017 $1,683 $10,231 $0 $0
2016 $1,643 $9,744 $0 $0
2015 $1,595 $9,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22114483

MLS of Southern Arizona

APN: 123-14-1030