NOT LISTED FOR SALE

Estimated Value: $321,692 - $365,000

-- Bed
-- Bath
1,656 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $125,000 $75 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,948/month

24 Days on Market

About This Home

As of August 2012

2 large bdrms, built in desk & closet with mirrored sliding doors 2 full baths 9-foot ceilings, higher vaulted ceilings in the living room & kitchen areas Concrete scored & grouted, lightly polished, finished floors Alarm system & smoke detectors Dual pane windows with window coverings Separately metered for electricity & water (tenant pays for all utilities) Packaged (air conditioning) cooling & heating system Ceiling fans in each bedroom and the living room Wired for Cable TV in each room Extra telephone jacks in both bedrooms for a computer Exterior walls with R-20 insulation value and ceiling with R-19 insulation. Kitchen has built-in dishwasher, garbage disposal, frost-free refrigerator, electric range/oven. Seller is a licensed real estate broker. Corporate owned so no SPDS or CLUE.

Last Agent to Sell the Property

Calvin Case

Tierra Antigua Realty Listed on: 08/07/2012

Last Buyer's Agent

Steve Denny

Spring Mill Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1997

Lot Details

  • 6,500

Home Design

  • 1,656 Sq Ft Home
  • Duplex
  • Frame With Stucco

Additional Features

  • 6,500 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $1,800 special tax assessment

Community Details

Overview

  • Garden Homes Annex Subdivision

Building Details

  • Fuel Expense $200
  • Insurance Expense $625
  • Gross Income $12,000
  • Net Operating Income $7,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,641

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Garden Home Annex lot 5 exc. E 116' blk 6
  • List Price per Sq Ft: 81.46
  • Unit Info Average Monthly Rent Two Bedroom: 625.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1656.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Alarm Installed
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Contract Services: 1200.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 200.00
  • Expenses Other Expenses: 250.00
  • Expenses Taxes Assessments: 1800.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.15
  • Lot Dimensions: unknown
  • Lot Size Price Sq Ft: 20.75
  • Lot Sq Ft: 6500.00
  • Lot Sz Sold Prc Sq Ft: 19.23
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1997

Tax Info

  • Tax Code: 113-08-274A
  • Taxes: 1640.66
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2013
Sold by
Caring Properties Llc
Bought by
Rubin Kurt A and Telson Lori E
Current Estimated Value
$340,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Outstanding Balance
$66,042
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$274,381

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 29, 2012
Sold by
Rio Verde Ventures Inc
Bought by
Caring Properties Llc
Seller's Agent
Calvin Case
Tierra Antigua Realty
Buyer's Agent
Steve Denny
Spring Mill Properties, Inc.
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jun 20, 2000
Sold by
913 Hedrick Ltd Partnership
Bought by
Lookout Properties Llc

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
8.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1997
Sold by
Prism Real Estate Services Llc
Bought by
913 Hedrick Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubin Kurt A -- Stewart Title & Trust Of Tuc
Rubin Kurt A -- Stewart Title & Trust Of Tuc
Caring Properties Llc $125,000 First American Title Ins Co
Caring Properties Llc $125,000 First American Title Ins Co
Lookout Properties Llc $125,000 --
913 Hedrick Ltd Partnership $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Kurt A $93,800
Closed Rubin Kurt A $93,800
Previous Owner Lookout Properties Llc $100,000
Previous Owner 913 Hedrick Ltd Partnership $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $125,000 -16.6% $75 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $149,900 -- $91 / 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 $1,909 $15,507 -- --
2024 $1,838 $14,769 -- --
2023 $1,782 $14,065 $0 $0
2022 $1,765 $13,396 $0 $0
2021 $1,727 $12,150 $0 $0
2020 $1,717 $12,245 $0 $0
2019 $1,673 $11,572 $0 $0
2018 $1,675 $10,986 $0 $0
2017 $1,665 $10,986 $0 $0
2016 $1,590 $10,463 $0 $0
2015 $1,541 $9,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21219108

MLS of Southern Arizona

APN: 113-08-274A