NOT LISTED FOR SALE

Estimated Value: $474,557 - $711,000

8 Beds
5 Baths
2,736 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $220,000 $80 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,140/month

158 Days on Market

Highlights

  • 0.25 Acre Lot
  • Breakfast Area or Nook
  • 1-Story Property
  • Contemporary Architecture
  • Storage
  • Central Air

About This Home

As of May 2018

Great location for this fourplex. Surrounded by nice single family homes. Across the street is a gated condo complex. All units are two bedrooms one bath. Rents are low and could be raised. Average rents are $530 per unit with the last one rented at $595. large lot with a back yard area and laundry room building which is not being used. Building will need repairs. Owner will consider financing Package is attached.

Last Agent to Sell the Property

David Walsh

Better Homes & Gardens Real Estate - SJ Fowler Listed on: 11/27/2017

Last Buyer's Agent

Helen Curtis

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot includes common area
  • Desert Landscape

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Driveway

Location

  • Ground Level

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Evaporated cooling system
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,882 special tax assessment

Community Details

Building Details

  • Insurance Expense $940
  • Maintenance Expense $1,600
  • Water Sewer Expense $960
  • Gross Income $24,168
  • Net Operating Income $18,186

Additional Features

  • Tierra Park Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,882

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel: 001010010 ? Tierra park Lot 6
  • Attached Detached: Attached
  • List Price per Sq Ft: 82.24
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Vinyl
  • Gross Sq Ft: 2736.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Breakfast Bar
  • Dining Room: None
  • Living Areas: Family Room
  • Laundry: None, Storage
  • Extra Room: None
  • Kitchen Features: Breakfast Bar

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: Desert Plantings
  • Landscape Rear: Desert Plantings
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Baseboard
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1600.00
  • Expenses Other Expenses: 600.00
  • Expenses Taxes Assessments: 1882.00

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.25
  • Lot Dimensions: irregular
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 20.66
  • Lot Sq Ft: 10890.00
  • Lot Sz Sold Prc Sq Ft: 20.20
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1980

Rental Info

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

Tax Info

  • Tax Code: 126-01-0540
  • Taxes: 1882.00
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
North Belvedere Avenue Investments Llc
Bought by
Shd Arizona Llc
Current Estimated Value
$544,889

Purchase Details

Closed on
Jan 7, 2025
Sold by
Bourne David G and Bourne Mary J
Bought by
North Belvedere Avenue Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 27, 2017
Closed on
May 2, 2018
Sold by
Chan Robert Y P and Chan Susana P S
Bought by
Bourne David G
Seller's Agent
David Walsh
Better Homes & Gardens Real Estate - SJ Fowler
Buyer's Agent
Helen Curtis
Realty Executives Arizona Territory
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$165,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Chassen Benjamin M and Chassen Molly K
Bought by
Chan Robert Y P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bourne Rena P
Bought by
Chassen Benjamin M
Source: Public Records

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
Shd Arizona Llc -- Professional Escrow Resources
North Belvedere Avenue Investments Llc $471,000 Fidelity National Title Agency
North Belvedere Avenue Investments Llc $471,000 Fidelity National Title Agency
North Belvedere Avenue Investments Llc $471,000 Fidelity National Title Agency
Bourne David G $220,000 Title Security Agency Llc
Chan Robert Y P $320,000 --
Chassen Benjamin M $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shd Arizona Llc $50,000
Previous Owner North Belvedere Avenue Investments Llc $376,800
Previous Owner Bourne David G $163,600
Previous Owner Bourne David G $165,000
Previous Owner Chan Robert Y P $261,000
Previous Owner Chan Robert Y P $256,000
Previous Owner Chassen Benjamin M $153,750
Previous Owner Bourne Rena P $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $220,000 0.0% $80 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $220,000 -- $80 / 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 $2,052 $17,151 -- --
2024 $2,052 $16,335 -- --
2023 $2,052 $15,557 -- --
2022 $2,064 $14,816 $0 $0
2021 $2,052 $13,439 $0 $0
2020 $1,989 $19,519 $0 $0
2019 $1,963 $19,674 $0 $0
2018 $1,920 $11,609 $0 $0
2017 $1,909 $11,609 $0 $0
2016 $1,883 $11,056 $0 $0
2015 $1,827 $10,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21730468

MLS of Southern Arizona

APN: 126-01-0540