NOT LISTED FOR SALE

Estimated Value: $342,000 - $466,000

4 Beds
4 Baths
2,000 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2022

Last sale price $450,000 $225 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,342 / mo

34 Days on Market

Highlights

  • New Construction
  • Mountain View
  • Modern Architecture
  • 0.18 Acre Lot
  • Vaulted Ceiling
  • Furnished

About This Home

As of October 2022

Brand new! Unique home features 4 Bdrms, 4 bathrooms, beautiful custom kitchen with all new SS appliances, each with separate key less entrance, walk-in closet, mini fridge, mini microwave, mini split for heating/cooling in each room. A separate entrance door leading outside for privacy. Each room is fully furnished with a queen bed with new linen and pillows, small dresser, desk w/chair, stained concrete floors, mini split and ceiling fans in each room, plus a heat pump unit for the remaining portion, common area of the home. Rent 1-4 rooms to an intern, college student, professor or just someone that wants comfort with no to low maintenance. Lots of possibilities here including, just purchasing for your family and renting out one of the rooms. Gated at the street.

Last Agent to Sell the Property

Sheila Myers-Moore

S A Moore Realty Services, LLC License #BR645967000 Listed on: 08/20/2022

Last Buyer's Agent

Marcus Hinojosa

United Real Estate Specialists License #SA688340000

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Slump Stone Wall

Home Design

  • Modern Architecture
  • Quadruplex
  • Frame With Stucco
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Concrete Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Parking Pad

Location

  • Ground Level
  • In Flood Plain

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Listing and Financial Details

  • $1,800 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $3,600
  • Insurance Expense $1,800
  • Maintenance Expense $500
  • Professional Management Expense $4,800
  • Water Sewer Expense $1,400
  • New Taxes Expense $1,800
  • Operating Expense $13,900
  • Gross Income $46,800
  • Net Operating Income $32,900

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | New Construction

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent Studios: 1000.0
  • Horses: No
  • Lot Size: 110' frontage
  • Road Surface Type: Paved
  • CapRate: 7.31
  • Professional Management Expense: 4800.0
  • Supplies Expense: 500.0
  • Co List Office Mls Id: 51651
  • Subdivision Name: Unsubdivided
  • General Property Information: List Price/SqFt: 239.95
  • General Property Information: Lot Size Price/SqFt: 9.33
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s), Vaulted Ceiling(s), Kitchen Island, Breakfast Bar
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: quartz
  • Appliances: Disposal, Double Sink, Electric Range, Dishwasher, Refrigerator
  • Window Features: Double Pane Windows

Exterior Features

  • ExteriorFeatures: None
  • Roof: Metal
  • View: Mountain(s)
  • Construction Type: Frame - Stucco
  • Patio And Porch Features: Covered

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Pre-Wired Tele Lines
  • Laundry Features: Dryer Included, Washer Included, Laundry Room
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3600.0
  • Expenses Maintenance Supplies: 500.0
  • Expenses Taxes Assessments: 1800.0
  • Annual Water Sewer Expense: 1400.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: Amphitheater

Lot Info

  • Lot Features: North/South Exposure, Decorative Gravel, Cul-De-Sac
  • Lot Size Sq Ft: 9.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 2022

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2022
  • New Taxes Expense: 1800.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 46800.0
  • Insurance Expense: 1800.0
  • Property Net Operating Income: 32900.0
  • Annual Operating Expense: 13900.0

MLS Schools

  • Elementary School: Holaway
  • High School: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Sep 28, 2022
Sold by
Wakwe Walter and Wakwe Candy
Bought by
1615 Osborn Llc
Seller's Agent
Sheila Myers-Moore
S A Moore Realty Services, LLC
Buyer's Agent
Marcus Hinojosa
United Real Estate Specialists
List Price
$479,900
Sold Price
$450,000
Premium/Discount to List
-$29,900
-6.23%
Current Estimated Value
$400,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,437
Avg. Annual Appreciation
-3.22%
Original Mortgage
$405,000
Outstanding Balance
$384,886
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$15,677

Purchase Details

Closed on
Aug 17, 2020
Sold by
Tapinakis Olga E
Bought by
Jc Projects 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2008
Sold by
Star Designer Homes Inc
Bought by
Tapinakis Emmanuel S and Tapinakis Olga E

Purchase Details

Closed on
Aug 22, 2005
Sold by
Sisco William Marshall and Landdeck Sisco Jeanne
Bought by
Star Designer Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2004
Sold by
Sisco William Marshall and Landdeck Sisco Jeanne
Bought by
Sisco William Marshall and Landdeck Sisco Jeanne

Purchase Details

Closed on
May 11, 2004
Sold by
Sisco Theodore Alexander
Bought by
Sisco William Marshall

Purchase Details

Closed on
Mar 19, 2002
Sold by
Sisco Ruth Virginia
Bought by
Sisco William Marshall and Sisco Theodore Alexander
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
1615 Osborn Llc -- --
Wakwe Walter $450,000 Pinnacle Title Services
Jc Projects 2 Llc $34,000 Pioneer Title Agency Inc
Tapinakis Emmanuel S $90,620 None Available
Tapinakis Emmanuel S $90,620 None Available
Star Designer Homes Inc $87,500 --
Sisco William Marshall -- --
Sisco William Marshall -- --
Sisco William Marshall -- --
Sisco William Marshall -- --
Sisco William Marshall -- --
Sisco William Marshall -- --
Sisco William Marshall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wakwe Walter $405,000
Previous Owner Jc Projects 2 Llc $140,000
Previous Owner Star Designer Homes Inc $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $450,000 -6.2% $225 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $479,900 -- $240 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $2,800 $23,885 -- --
2025 $2,800 $22,748 -- --
2024 $2,696 $21,664 -- --
2023 $2,273 $3,324 $0 $0
2022 $417 $3,166 $0 $0
2021 $408 $2,872 $0 $0
2020 $406 $3,750 $0 $0
2019 $395 $3,750 $0 $0
2018 $383 $2,481 $0 $0
2017 $376 $2,481 $0 $0
2016 $355 $2,363 $0 $0
2015 $367 $2,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22221988

MLS of Southern Arizona

APN: 113-04-104F

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