NOT LISTED FOR SALE

Estimated Value: $520,000 - $617,000

8 Beds
4 Baths
3,476 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $360,000 $104 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,300/month

28 Days on Market

Highlights

  • RV Parking in Community
  • Covered Patio or Porch
  • Bathtub with Shower
  • Granite Countertops
  • Eat-In Kitchen
  • Laundry closet

About This Home

As of May 2019

Great opportunity! 4 well-maintained & updated units. All units are open 2 bedroom 1 baths with fireplace. Conveniently located within quiet Tucson neighborhood. Private backyards with covered patios. Each unit has it's own carport with guest parking in back of lot. Tile in high traffic areas and plush carpet flooring in bedrooms. Complete, eat-in kitchens equipped with crisp, custom cabinetry, granite countertops, and new or newer appliances. Walk-in closets in each bedroom. Modern full bathrooms offering sink/vanity & custom cabinetry. All units offer indoor laundry! A great stable property for entry level or experienced investors.Plenty of room to raise rents!

Last Agent to Sell the Property

Eddie Watters

Realty Executives Arizona Territory Listed on: 04/03/2019

Realty Executives Arizona Territory

Co-Listed By

Casey Hogan

Realty Executives Arizona Territory

Last Buyer's Agent

Gary Andros

Andros Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1983

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 240 x 50
  • Wood Fence
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3,476 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Parking

  • 8 Car Garage
  • Carport
  • Driveway

Schools

  • Davidson Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,783 special tax assessment

Community Details

Overview

  • Granada Park Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $900
  • Maintenance Expense $1,490
  • Professional Management Expense $3,380
  • Water Sewer Expense $2,821
  • Gross Income $33,304
  • Net Operating Income $21,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,783

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style Other: fourplex
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Granada Park Resub S2 Blk 2 & Blks 4 5 6 & 7 S50' N200' Lots 1 & 2 Blk 7
  • Attached Detached: Attached
  • List Price per Sq Ft: 103.57
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Covering Other: blinds
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3476.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Countertops: granite
  • Kitchen Features Microwave: built-in
  • Kitchen Features Oven: gas
  • Living Areas: Family Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Double Sink, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Stucco Finish
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: None
  • Landscape Rear: Grass
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 295.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1489.91
  • Expenses Other Expenses: 11.67
  • Expenses Taxes Assessments: 2783.10

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: 240 x 50
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 30.00
  • Lot Sq Ft: 12000.00
  • Lot Sz Sold Prc Sq Ft: 30.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1983

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: 111-06-384A
  • Taxes: 2783.10
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Weinberg Jeffrey H and Weinberg Wendy C
Bought by
2 Desert Properties Az 3 Llc
Current Estimated Value
$578,582

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 20, 2019
Sold by
Lowry Tucson Investments Llc
Bought by
Weinberg Jeffrey H and Weinberg Wendy C
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Gary Andros
Andros Properties
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$213,479
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Lowry Michael J and Lowry Joanne E
Bought by
Lowry Tucson Investments Llc

Purchase Details

Closed on
Jun 26, 2003
Sold by
Franklin Barbara J
Bought by
Chandler Paul T and Chandler Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1995
Sold by
Gary & Amy N Heinfeld Llc
Bought by
Franklin Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,550
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1993
Sold by
Heinfeld Gary and Heinfeld Amy N
Bought by
Gary & Amy N Heinfeld L L C
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2 Desert Properties Az 3 Llc -- --
Weinberg Jeffrey H $360,000 Fidelity Natl Ttl Agcy Inc
Lowry Tucson Investments Llc -- None Available
Lowry Tucson Investments Llc -- None Available
Chandler Paul T $200,000 --
Chandler Paul T $200,000 --
Franklin Barbara J $146,500 --
Gary & Amy N Heinfeld L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinberg Jeffrey H $213,479
Previous Owner Chandler Paul T $179,900
Previous Owner Franklin Barbara J $102,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $360,000 0.0% $104 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $360,000 -- $104 / 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 $3,289 $24,861 -- --
2024 $3,155 $23,677 -- --
2023 $2,977 $22,550 $0 $0
2022 $2,991 $21,476 $0 $0
2021 $2,974 $19,479 $0 $0
2020 $2,883 $21,677 $0 $0
2019 $2,845 $21,863 $0 $0
2018 $2,783 $16,827 $0 $0
2017 $2,767 $16,827 $0 $0
2016 $2,708 $16,026 $0 $0
2015 $2,626 $15,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: MLS of Southern Arizona

MLS Number: 21909114

MLS of Southern Arizona

APN: 111-06-384A