NOT LISTED FOR SALE

Estimated Value: $397,000 - $471,000

5 Beds
3 Baths
1,959 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $388,000 $198 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,542/month

26 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Modern Architecture
  • Spa
  • Deck
  • Tennis Courts

About This Home

As of June 2021

DUPLEX, Walk to the U of A. One, 3 bedroom 2 bath unit, and One 2 bedroom 1 bathroom unit. Plenty of Parking, 7 spaces in all back and front. Well taken Care of, always rented. The Duplex was remodeled, with Stainless steel appliances flooring was redone with grey laminate in all areas except in the bedrooms where new rugs were installed. Dual Pane windows throughout. Newly painted exterior, new gravel installed this month. Rents are below market, seller just renewed Leases, with Parents Guaranteeing. Same Tenants in place for several years. Each unit has a washer and dryer, Dishwasher, and trash disposals. Stainless steel fridge and Stoves to match. Landlords in this area are charging $650 per bed and 2 occupants per bedroom. Room to increase Income.

Last Listed By

Victor Nasser

Tierra Antigua Realty Listed on: 05/05/2021

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75x 100
  • Property fronts an alley
  • Block Wall Fence

Home Design

  • Duplex
  • Modern Architecture
  • Brick Exterior Construction
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,959 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Carpet
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Parking

  • 7 Parking Spaces
  • Parking Pad
  • Gravel Driveway

Accessible Home Design

  • Doors with lever handles
  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Deck

Location

  • Ground Level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • $1,870 special tax assessment

Community Details

Recreation

  • Tennis Courts
  • Sport Court
  • Racquetball
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Hiking Trails

Building Details

  • Fuel Expense $1,200
  • Insurance Expense $532
  • Maintenance Expense $300
  • Water Sewer Expense $1,620
  • Gross Income $31,500
  • Net Operating Income $24,988

Additional Features

  • University Home Addition Subdivision
  • Recreation Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Modern
  • Technology: Cable TV, High Speed Internet, Pre-Wired Sat Dish, Pre-Wired Tele Lines, Satellite Dish
  • Accessibility Options: Door Levers, Entry
  • Legal Description: UNIVERSITY HOME LOT 11 BLK 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 203.68
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Smoke Detector
  • Floor Covering Other: Laminate
  • Window Coverings: Stay
  • Floor Covering: Carpet
  • Gross Sq Ft: 1959.00
  • Bathroom Features: None
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Appliance Color: Stainless
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick, Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Decorative Gravel
  • Patio Deck: Deck
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s), Sunset
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 7

Utilities

  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected
  • Water Other: Water Company

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Athletic Facilities, Exercise Facilities, Jogging/Bike Path, Pool, Racquetball, Rec Center, Spa, Street Lights, Tennis Court(s), Walking Trail

Fee Information

  • Expenses Capital Expenses: 990.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 1200.00
  • Expenses Maintenance Supplies: 300.00
  • Expenses Taxes Assessments: 1870.00

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: 75x 100
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 53.20
  • Lot Sq Ft: 7500.00
  • Lot Sz Sold Prc Sq Ft: 51.73
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1949

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 123-15-0040
  • Taxes: 1887.75
  • 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
May 5, 2021
Closed on
Jun 15, 2021
Sold by
Mustaffa Khalid Raed
Bought by
Steven R Sparks Trust and Sparks
Seller's Agent
Victor Nasser
Tierra Antigua Realty
Buyer's Agent
Victor Nasser
Tierra Antigua Realty
List Price
$388,000
Sold Price
$388,000
Total Days on Market
26
Current Estimated Value
$425,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,156
Avg. Annual Appreciation
2.35%
Original Mortgage
$232,800
Outstanding Balance
$212,599
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$212,557

Purchase Details

Closed on
Oct 11, 2005
Sold by
Sparich Frank J and Sparich Theresa J
Bought by
Mustaffa Khalid Raed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Fetsis Llc
Bought by
Sparich Frank J and Sparich Theresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1998
Sold by
Fetsis Jim F
Bought by
Fetsis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.02%

Purchase Details

Closed on
Nov 22, 1995
Sold by
Fetsis Jim F
Bought by
Fetsis Llc

Purchase Details

Closed on
Apr 14, 1995
Sold by
Nohlechek Edward E
Bought by
Fetsis Jim F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1993
Sold by
Nohlechek Edward E and Nohlechek Bosacki Chisto
Bought by
Nohlechek Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.95%

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
Steven R Sparks Trust -- Stewart Title
Mustaffa Khalid Raed $280,000 --
Sparich Frank J $225,000 --
Fetsis Llc -- --
Fetsis Jim F -- --
Fetsis Llc -- --
Fetsis Jim F $75,000 --
Nohlechek Edward E -- Title Grnty
Nohlechek Edward E -- Title Grnty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven R Sparks Trust $232,800
Previous Owner Mustaffa Khalid Raed $35,000
Previous Owner Mustaffa Khalid Raed $224,000
Previous Owner Sparich Frank J $180,000
Previous Owner Fetsis Jim F $87,500
Previous Owner Fetsis Jim F $60,000
Previous Owner Nohlechek Edward E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $388,000 0.0% $198 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $388,000 -- $198 / 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 $1,947 $15,502 -- --
2023 $1,947 $14,764 -- --
2022 $1,958 $14,061 $0 $0
2021 $1,947 $12,753 $0 $0
2020 $1,888 $15,616 $0 $0
2019 $1,863 $15,485 $0 $0
2018 $1,822 $11,017 $0 $0
2017 $1,812 $11,017 $0 $0
2016 $1,769 $10,492 $0 $0
2015 $1,716 $9,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22112536

MLS of Southern Arizona

APN: 123-15-0040