NOT LISTED FOR SALE

Estimated Value: $521,461

-- Bed
-- Bath
4,582 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $220,000 $48 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,270/month

92 Days on Market

About This Home

As of December 2014

C2 Zoning at Speedway and Columbus. Ground floor has 2400sqft + Commercial space including a commercial server room, prewired with ethernet fiberoptic network. One bedroom apartment (648 sqft) with covered patio and separate yard. Upstairs 4 bedroom 2 bath (1800sqft+)apartment. Seller may carry. Owner is a licensed real estate agent.

Last Listed By

Katie Cline

Burris, Hennessy & Co. Listed on: 09/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,097

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 97 x 138 x 82 x 123

Home Design

  • 4,582 Sq Ft Home

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • $5,097 special tax assessment

Community Details

Overview

  • Luther Subdivision

Building Details

  • Insurance Expense $425
  • Maintenance Expense $1,000
  • Professional Management Expense $1,800
  • Water Sewer Expense $1,800
  • Gross Income $34,800
  • Net Operating Income $24,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,097

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Luther, South 96.8 feet, of East Half of Lot 1 Except Small Triangle in Southwest Portion, Block B
  • List Price per Sq Ft: 52.38
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Average Monthly Rent Three Bedroom: 950.00
  • Unit Info Avg Mo Rent Other: 1500.00
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4582.00

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 150.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1000.00
  • Expenses Taxes Assessments: 5097.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.37
  • Lot Dimensions: 97 X 138 X 82 X 123
  • Lot Size Price Sq Ft: 14.89
  • Lot Sq Ft: 16117.00
  • Lot Sz Sold Prc Sq Ft: 13.65
  • Municipality Zoning: Tucson - C2

Building Info

  • Year Built: 1972

Tax Info

  • Tax Code: 126-04-2820
  • Taxes: 5097.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Dec 17, 2014
Sold by
1045 Jerrie Llc
Bought by
Val Romero Llc
Seller's Agent
Katie Cline
Burris, Hennessy & Co.
Buyer's Agent
Non Member
TUCSON ASSOCIATION OF REALTORS
List Price
$220,000
Sold Price
$220,000
Total Days on Market
92
Current Estimated Value
$521,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,461
Avg. Annual Appreciation
8.67%
Original Mortgage
$200,000
Outstanding Balance
$156,275
Interest Rate
4%
Mortgage Type
Seller Take Back
Estimated Equity
$365,186

Purchase Details

Closed on
Oct 19, 1994
Sold by
Wyss James R
Bought by
Dorsey Bernard and Dorsey Mary M

Range of Values:

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Average Value
Not Available
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
Val Romero Llc $220,000 Title Security Agency Llc
Dorsey Bernard $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Val Romero Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $220,000 0.0% $48 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $220,000 -- $48 / 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 $4,374 $34,019 -- --
2023 $4,374 $33,108 $0 $0
2022 $4,493 $32,939 $0 $0
2021 $4,632 $32,333 $0 $0
2020 $4,786 $32,369 $0 $0
2019 $4,831 $31,534 $0 $0
2018 $4,989 $32,638 $0 $0
2017 $5,362 $32,638 $0 $0
2016 $5,342 $32,077 $0 $0
2015 $5,279 $31,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 21425977

MLS of Southern Arizona

APN: 126-04-2820