NOT LISTED FOR SALE

Estimated Value: $338,000 - $388,000

Studio
1 Bath
1,344 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $218,000 $162 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,054/month

36 Days on Market

About This Home

As of April 2014

Residential home with 4 bedrooms and 2 bath. Studio in back has 1/1 and is 300sqft. Each room rents for between $400 and $450 per month. Consistent rental for years due to location and pool.

Last Agent to Sell the Property

Kevin Wood

Keller Williams Southern Arizona Listed on: 02/24/2014

Last Buyer's Agent

Brian Bowers

Gallagher & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 1,344 Sq Ft Home
  • Duplex
  • Frame With Stucco

Utilities

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

Community Details

Overview

  • Biltmore Resub Subdivision

Building Details

  • Gross Income $27,000
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Biltmore Resub Lot 6 Block 8
  • List Price per Sq Ft: 185.94
  • Unit Info Average Monthly Rent One Bedroom: 450.00
  • Unit Info Average Monthly Rent Two Bedroom: 450.00
  • Unit Info Average Monthly Rent Three Bedroom: 450.00
  • Unit Info Avg Mo Rent Other: 400.00
  • Unit Info Average Monthly Rent Studios: 450.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 2
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1344.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Size Price Sq Ft: 33.75
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 29.44
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1955

Tax Info

  • Tax Code: 123-14-1080
  • Taxes: 3038.33
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2018
Sold by
Arnold Thomas M and Arnold Robert J
Bought by
Lovitt Sean and Lovitt Melissa
Current Estimated Value
$363,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$230,757
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$132,504

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 2, 2014
Sold by
Yoon Lee Properties 814 Linden Llc
Bought by
Arnold Thomas M and Arnold Robert J
Seller's Agent
Kevin Wood
Keller Williams Southern Arizona
Buyer's Agent
Brian Bowers
Gallagher & Associates, Inc.
List Price
$218,000
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$215,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 2006
Sold by
Benz Bryan J and Mccorkle Benz Lori
Bought by
Yoon Lee Properties 814 Linden Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2005
Sold by
Benz Bryan J and Mccorkle Benz Lori
Bought by
Yoon Lee Properties 814 Linden Llc

Purchase Details

Closed on
Mar 27, 1998
Sold by
Haskell Donald P and Haskell Fernande A
Bought by
Benz Bryan J and Benz Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Lovitt Sean $350,000 Catalina Title Agency
Arnold Thomas M $218,000 Catalina Title Agency
Arnold Thomas M $218,000 Catalina Title Agency
Yoon Lee Properties 814 Linden Llc -- Accommodation
Benz Bryan J -- Ttise
Yoon Lee Properties 814 Linden Llc -- --
Benz Bryan J $100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovitt Sean $268,000
Previous Owner Arnold Thomas M $215,000
Previous Owner Benz Bryan J $76,000
Previous Owner Benz Bryan J $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $218,000 0.0% $162 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $218,000 -- $162 / 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 $1,855 $14,021 -- --
2024 $1,779 $13,353 -- --
2023 $1,679 $12,717 $0 $0
2022 $1,687 $12,111 $0 $0
2021 $1,677 $10,985 $0 $0
2020 $1,626 $10,985 $0 $0
2019 $3,316 $23,254 $0 $0
2018 $3,244 $19,990 $0 $0
2017 $3,288 $19,990 $0 $0
2016 $3,336 $20,005 $0 $0
2015 $3,339 $19,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 21405828

MLS of Southern Arizona

APN: 123-14-1080