NOT LISTED FOR SALE

Tucson, AZ 85701

Armory Park Neighborhood

Estimated Value: $205,000 - $253,000

Studio
1 Bath
2,422 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $320,000 $132 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,281/month

155 Days on Market

About This Home

As of December 2013

Historic Home in Armory Park Originally Built in 1880! Since then, the Home has been Completely Renovated to 5 Condo Units (3-one bedroom units and 2 studios). Easily Convert Back to Single Family Home. Brand New AC/Furnace & Water Heater Installed 09/2013. Great Opportunity for Investor or Owner Occupant. Walking Distance to Everything Downtown Tucson. Close to U of A and has street parking. This Home Backs Up to Beautiful Botanical Garden Setting. Thick Adobe Walls, High Ceilings & Original Woodwork Restored. Must See to Appreciate the Location, Setting & Charm.

Last Agent to Sell the Property

Rob Lamb

Long Realty Listed on: 04/24/2013

Long Realty

Last Buyer's Agent

Rob Lamb

Holladay Property Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1880

Home Design

  • 2,422 Sq Ft Home
  • Adobe

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $4,320 special tax assessment

Community Details

Overview

  • Armory Park Condominiums Subdivision

Building Details

  • Fuel Expense $4,374
  • Water Sewer Expense $970
  • Gross Income $37,620
  • Net Operating Income $25,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,160

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Armory Park Condominiums Building 1 Units 101-102-103-104 & Buidling 4 Unit 105.
  • List Price per Sq Ft: 138.32
  • Unit Info Average Monthly Rent One Bedroom: 715.00
  • Unit Info Average Monthly Rent Studios: 575.00
  • Unit Info Number Of Units1 B R: 3
  • Unit Info Number Of Units Studios: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2422.00

Exterior Features

  • Construction: Mud Adobe

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 4374.00
  • Expenses Other Expenses: 2724.00
  • Expenses Taxes Assessments: 4320.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 5583333.33
  • Lot Sq Ft: 0.06
  • Lot Sz Sold Prc Sq Ft: 5333333.33
  • Municipality Zoning: Tucson - HR3

Building Info

  • Year Built: 1880

Tax Info

  • Tax Code: 117-07-3060
  • Taxes: 4160.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Dec 20, 2013
Sold by
Armory Park Pines Llc
Bought by
Besinger Barbara J
Seller's Agent
Rob Lamb
Long Realty
Buyer's Agent
Rob Lamb
Holladay Property Services
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$223,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,848
Avg. Annual Appreciation
-2.94%

Purchase Details

Closed on
Jun 22, 1995
Sold by
Tiscione James A
Bought by
Mitchell Financial Services Inc
Source: Public Records
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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
Besinger Barbara J $320,000 First American Title Ins Co
Mitchell Financial Services Inc $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $320,000 0.0% $132 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $320,000 -- $132 / 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 $1,367 $10,334 -- --
2024 $1,237 $9,842 -- --
2023 $1,237 $9,373 $0 $0
2022 $1,243 $8,927 $0 $0
2021 $1,236 $8,097 $0 $0
2020 $1,199 $8,097 $0 $0
2019 $1,183 $7,711 $0 $0
2018 $1,159 $7,007 $0 $0
2017 $1,152 $7,007 $0 $0
2016 $1,113 $6,673 $0 $0
2015 $1,078 $6,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Lamb

    Seller's Agent in 2013

    Rob Lamb

    Long Realty

    (520) 444-5262

    117 Total Sales

    Rob Lamb
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Source: MLS of Southern Arizona

MLS Number: 21311042

MLS of Southern Arizona

APN: 117-07-3060

Arizona Pima County Tucson 85701

Armory Park

Not Listed for Sale

MultiFamily

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