G
Seller's Agent in 2018
Gus Maughan
Peak Realty Investments
903 E 7th St Tucson, AZ 85719
Rincon Heights NeighborhoodEstimated Value: $685,000 - $775,000
8
Beds
4
Baths
2,671
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Waterfall on Lot
- Pond
- Wood Flooring
- City View
- Vaulted Ceiling
- Corner Lot
About This Home
As of September 2018AMAZING almost 8% cap rate investment opportunity! Fully leased through July 2019! Located 1/2 block from campus. History abounds, one of the first homes by the UofA! Originally built for Hispanic fraternity, later rented out by the room to local miners. Character and charm from 1902 with all the modern conveniences of today. Duplex has undergone a year and a half complete remodel with no expense spared. Restored original hardwood floors, granite countertops, new fixtures, upgraded insulation, dual pane windows, energy efficient-on demand water heaters, 2 new HVACs, new pool, custom doors, stacked stone gables, vaulted ceilings, new roof and much more! Great cash flow at $6000/ month. Historic Pie Allen Neighborhood. Separate electric meters. Each side: 4 bed/2 bath. Owner/agent
Last Agent to Sell the Property
Gus Maughan
Peak Realty Investments Listed on: 05/05/2018
Co-Listed By
Heather Baron
Peak Realty Investments
Last Buyer's Agent
Robert Verenna
Keller Williams Southern Arizona
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 1902
Lot Details
- 6,970 Sq Ft Lot
- Stone Wall
- Shrub
- Corner Lot
- Drip System Landscaping
- Landscaped with Trees
Property Views
- City
- Mountain
Home Design
- Duplex
- Bungalow
- Shingle Roof
- Adobe
Interior Spaces
- 2,671 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Combination Dining and Living Room
- Fire and Smoke Detector
- Laundry closet
Kitchen
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Dual Sinks
- Bathtub with Shower
- Shower Only in Secondary Bathroom
Parking
- 8 Parking Spaces
- Driveway
Outdoor Features
- Pond
- Covered Patio or Porch
- Waterfall on Lot
Location
- Ground Level
- Upper Level
Schools
- Roskruge Elementary School
- Mansfeld Middle School
- Tucson High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Not Available
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- $2,064 special tax assessment
Community Details
Overview
- Buells Add Subdivision
- The community has rules related to deed restrictions
Recreation
- Community Pool
Building Details
- Insurance Expense $750
- Maintenance Expense $500
- Professional Management Expense $7,200
- Water Sewer Expense $1,200
- Gross Income $72,000
- Net Operating Income $58,836
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2021
Sold by
Cockerill Aaron and Cockerill Michelle
Bought by
Aaron And Michelle Cockerill Family Trust and Cockerill
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$395,227
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$331,832
Purchase Details
Listed on
May 5, 2018
Closed on
Aug 30, 2018
Sold by
Deep Canyon Llc
Bought by
Cockerill Aaron and Cockerill Michelle
Seller's Agent
Gus Maughan
Peak Realty Investments
Buyer's Agent
Robert Verenna
Keller Williams Southern Arizona
List Price
$690,000
Sold Price
$690,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$448,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2011
Sold by
Maughan Angus
Bought by
Deep Canyon Llc
Purchase Details
Closed on
Nov 2, 2006
Sold by
Chapin Thomas E and Chapin Diane M
Bought by
Maughan Angus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2004
Sold by
Chapin Thomas E and Chapin Diane M
Bought by
Chapin Thomas E and Chapin Diane M
Purchase Details
Closed on
Aug 7, 2001
Sold by
Chapin John G and Chapin Alberta M
Bought by
Chapin Thomas E and Chapin Diane M
Purchase Details
Closed on
Aug 2, 1995
Sold by
Chapin Thomas E and Chapin Ione Hoover
Bought by
Chapin Thomas E and Chapin Diane M
Purchase Details
Closed on
Jul 3, 1995
Sold by
Casanova Joseph and Casanova Joe
Bought by
Chapin Ione Hoover and Chapin Iona Hoover
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aaron And Michelle Cockerill Family Trust | -- | None Listed On Document | |
| Cockerill Aaron | $690,000 | Catalina Title Agency | |
| Deep Canyon Llc | -- | Accommodation | |
| Maughan Angus | $260,000 | Catal | |
| Chapin Thomas E | -- | -- | |
| Chapin Thomas E | -- | -- | |
| Chapin Thomas E | -- | -- | |
| Chapin Ione Hoover | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aaron And Michelle Cockerill Family Trust | $435,000 | |
| Previous Owner | Cockerill Aaron | $448,500 | |
| Previous Owner | Maughan Angus | $234,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2018 09/12/18 | Sold | $690,000 | 0.0% | $258 / Sq Ft |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- |
| 05/05/2018 05/05/18 | For Sale | $690,000 | -- | $258 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $2,518 | $19,036 | -- | -- |
| 2024 | $2,416 | $18,130 | -- | -- |
| 2023 | $2,290 | $17,266 | $0 | $0 |
| 2022 | $2,290 | $16,444 | $0 | $0 |
| 2021 | $2,277 | $14,915 | $0 | $0 |
| 2020 | $2,208 | $23,810 | $0 | $0 |
| 2019 | $2,179 | $24,495 | $0 | $0 |
| 2018 | $2,131 | $12,884 | $0 | $0 |
| 2017 | $2,119 | $12,884 | $0 | $0 |
| 2016 | $2,064 | $12,271 | $0 | $0 |
| 2015 | $2,001 | $11,687 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Seller Co-Listing Agent in 2018
Heather Baron
Peak Realty Investments
-
R
Buyer's Agent in 2018
Robert Verenna
Keller Williams Southern Arizona
-
B
Buyer's Agent in 2018
Bobby Verenna
eXp Realty
Map
Source: MLS of Southern Arizona
MLS Number: 21812947
APN: 124-05-2120
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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