NOT LISTED FOR SALE

Estimated Value: $370,000 - $428,000

4 Beds
4 Baths
2,340 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $290,000 $124 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,295/month

107 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Patio
  • Mountain View
  • Eat-In Kitchen
  • Level Entry For Accessibility

About This Home

As of April 2021

Must see 4 Plex near TMC. Property consists of a 2 bedroom 1 bath unit, 2 1 bedroom 1 bath units and a studio. Large lot with plenty of parking and close to everything. Property is fully occupiedl. Huge value add opportunity, this listing will not last!

Last Agent to Sell the Property

Eddie Watters

Realty Executives Arizona Territory Listed on: 01/09/2021

Realty Executives Arizona Territory

Co-Listed By

Casey Hogan

Realty Executives Arizona Territory

Last Buyer's Agent

Daniel Biel

Realty Executives Arizona Territory

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 1964

Lot Details

  • 0.29 Acre Lot
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Quadruplex
  • Ranch Style House
  • Built-Up Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • Family Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven

Parking

  • 9 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

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

Utilities

  • Central Air
  • Evaporated cooling system
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Patio
  • Ground Level

Listing and Financial Details

  • $1,719 special tax assessment

Community Details

Overview

  • Towner Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $350
  • Water Sewer Expense $1,200
  • Gross Income $27,596
  • Net Operating Income $22,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,837

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: Level
  • Legal Description: Towner Irr Sely Ptn Lot 28
  • Attached Detached: Attached
  • List Price per Sq Ft: 128.21
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering Other: mix
  • Window Coverings: Stay
  • Gross Sq Ft: 2340.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Oven: oven
  • Laundry Other: Units have hook ups
  • Living Areas: Family Room
  • Extra Room: None
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: TBD
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 9

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

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

Fee Information

  • Expenses Admin Expenses: 250.00
  • Expenses Contract Services: 100.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 350.00
  • Expenses Other Expenses: 300.00
  • Expenses Taxes Assessments: 1719.19

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: 0.29
  • Lot Dimensions: irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 24.60
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 23.78
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1964

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: Tenant
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-05-033A
  • Taxes: 1837.48
  • Tax Year: 2020
  • 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

Listed on
Jan 9, 2021
Closed on
Apr 27, 2021
Sold by
Bolinger Tara A
Bought by
Bolinger Ray
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Daniel Biel
Realty Executives Arizona Territory
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$388,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,552
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
May 30, 2018
Sold by
Jh Belvedere Llc
Bought by
Ly Chau G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2011
Sold by
Healy James and Healy Jacqueline
Bought by
Jh Belvedere Llc

Purchase Details

Closed on
Nov 19, 2002
Sold by
Harger Michael Roland
Bought by
Healy James and Healy Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Ahrens Walter and Ahrens Janice
Bought by
Harger Michael Roland and Roland Tisa Dene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
7.17%
Mortgage Type
New Conventional
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
Bolinger Ray -- Signature Ttl Agcy Of Az Llc
Bolinger Ray -- Signature Title Agency
Bolinger Ray -- Signature Ttl Agcy Of Az Llc
Ly Chau G $175,000 Fidelity National Title Agen
Jh Belvedere Llc -- None Available
Healy James $143,500 --
Harger Michael Roland $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ly Chau G $160,000
Previous Owner Healy James $107,600
Previous Owner Harger Michael Roland $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $290,000 0.0% $124 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $290,000 -- $124 / 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 $2,010 $15,088 -- --
2023 $1,897 $14,369 $0 $0
2022 $1,906 $13,685 $0 $0
2021 $1,895 $12,413 $0 $0
2020 $1,837 $14,620 $0 $0
2019 $1,719 $13,288 $0 $0
2018 $1,682 $10,167 $0 $0
2017 $1,672 $10,167 $0 $0
2016 $1,644 $9,683 $0 $0
2015 $1,592 $9,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22100680

MLS of Southern Arizona

APN: 122-05-033A