NOT LISTED FOR SALE

Estimated Value: $666,251 - $810,000

8 Beds
5 Baths
3,344 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $507,500 $152 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,492/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • Living Room
  • Covered patio or porch
  • Bathtub with Shower
  • Laundry Room

About This Home

As of February 2020

Ideal University rental. Front house is a 3 BR 2 BA. New hall bath and new kitchen. Recent roof. Rear house is a 5 BR 3 BA. Current tenants are wanting to renew for next year, that makes their 3rd year. Tenants pay all utilities, water is sub-metered. Leases currently through July 2020.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. Listed on: 01/03/2020

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Cheri Peng

HomeSmart Advantage Group

HomeSmart Advantage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 48x149x48x149
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • 2-Story Property
  • Brick Exterior Construction
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 3,344 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • Parking Pad

Location

  • Ground Level
  • Upper Level

Schools

  • Roskruge Elementary School
  • Roskruge Bilingual Magnet Middle School
  • Tucson High School

Utilities

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

Additional Features

  • North or South Exposure
  • Covered patio or porch

Listing and Financial Details

  • $3,964 special tax assessment

Community Details

Overview

  • University Home Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,800
  • Gross Income $41,700
  • Net Operating Income $35,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,964

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary, Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: University Home Lot 5 Blk 6
  • Attached Detached: Detached
  • List Price per Sq Ft: 157.00
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Plant Shelves, Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3344.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Breakfast Bar, Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Microwave: built in
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

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

Garage/Parking

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

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: Paved Street, Street Lights

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 3964.00

Schools

  • School District: TUSD
  • Elementary School: Roskruge
  • Middle School: Roskruge Bilingual Magnet
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 48x149x48x149
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 70.90
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 68.53
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2004

Rental Info

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

Tax Info

  • Tax Code: 123-15-0570
  • Taxes: 3964.41
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Roskruge Bilingual Magnet
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 19, 2020
Sold by
Kipperman Fred
Bought by
Zhu Mengxin and Fan Linran
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Cheri Peng
HomeSmart Advantage Group
List Price
$507,500
Sold Price
$507,500
Current Estimated Value
$749,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,993
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Mann Michael and Kustner Bryan
Bought by
Kipperman Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2007
Sold by
Mann Staci
Bought by
Mann Michael

Purchase Details

Closed on
Aug 24, 2004
Sold by
Kipperman Fred
Bought by
Kipperman Fred and Mann Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2003
Sold by
Collins R C
Bought by
Kipperman Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Vo Le My and Si Lanh Vo
Bought by
Collins R C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhu Mengxin $507,500 Signature Ttl Agcy Of Az Llc
Kipperman Fred -- Tlati
Mann Michael -- Tlati
Mann Michael -- Tlati
Kipperman Fred -- --
Kipperman Fred -- --
Kipperman Fred $159,900 Title Security
Collins R C $62,901 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kipperman Fred $398,808
Previous Owner Kipperman Fred $409,000
Previous Owner Kipperman Fred $308,000
Previous Owner Kipperman Fred $127,900
Closed Kipperman Fred $15,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $507,500 0.0% $152 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $507,500 -- $152 / 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 $4,240 $33,726 -- --
2023 $4,240 $32,120 $0 $0
2022 $4,261 $30,590 $0 $0
2021 $4,236 $27,746 $0 $0
2020 $4,107 $27,746 $0 $0
2019 $4,053 $39,028 $0 $0
2018 $3,964 $23,968 $0 $0
2017 $3,942 $23,968 $0 $0
2016 $3,806 $22,827 $0 $0
2015 $3,688 $21,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22000605

MLS of Southern Arizona

APN: 123-15-0570