NOT LISTED FOR SALE

918 E Elm St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $702,000 - $769,000

8 Beds
5 Baths
3,344 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 26, 2020

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

Est. 43% increase in value since last sale

Current estimated payment $4,216/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 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
  • Window Treatments
  • 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

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
$726,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,167
Avg. Annual Appreciation
6.41%

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

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:

--
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
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 $409,000
Previous Owner Kipperman Fred $127,900
Closed Kipperman Fred $15,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $4,684 $35,412 -- --
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

  • E

    Seller's Agent in 2020

    Eduardo Garcia

    Grijalva Realty Corp.

  • L

    Seller Co-Listing Agent in 2020

    Laura Grijalva

    Grijalva Realty Corp.

  • Cheri Peng

    Buyer's Agent in 2020

    Cheri Peng

    HomeSmart Advantage Group

    (520) 505-3000

    62 Total Sales

    Cheri Peng
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Map

Source: MLS of Southern Arizona

MLS Number: 22000605

MLS of Southern Arizona

APN: 123-15-0570

Arizona Pima County Tucson 85719 North University

918 E Elm St, Tucson, AZ

Not Listed for Sale

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