NOT LISTED FOR SALE

Estimated Value: $341,000 - $858,128

Studio
4 Baths
3,239 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $855,000 $264 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $3,690/month

42 Days on Market

Highlights

  • The property is located in a historic district
  • RV Access or Parking
  • Secondary bathroom tub or shower combo
  • Carrillo Intermediate Magnet School Rated 9+
  • Wood Flooring
  • 2-minute walk to Santa Rosa Park

About This Home

As of June 2023

This beautiful, historic Adobe Row house triplex with separate guest home is located in Barrio Santa Rosa, two blocks south of the nationally acclaimed Barrio Viejo in downtown Tucson. This lovingly restored property is a true gem, and features four charming two-bedroom, one-bath units with enclosed patios that are perfect for pets and entertaining. With 12-foot ceilings and exposed adobe walls, the triplex boasts a unique blend of historic and modern elements that create a truly special atmosphere.
As you enter the units, you'll be greeted by the warm glow of fir wood floors, or vibrant colored concrete floors, which add to the eclectic charm of the property. Exposed ducting and 10'-12' high wood plank-beamed ceilings further enhance the singular character of the triplex, providing a rustic, yet contemporary feel. The adobe walls are hand-plastered with accent walls in the kitchens providing a pop of color and vibrancy. The property has been lovingly restored and cared for, ensuring that it retains its original charm while offering modern amenities for comfortable living. The complex also features a separate 2-bedroom guest home behind the triplex, with tiled floors that provides additional space for the homeowner, guests or potential rental income. The oversized parking lot on the property offers ample off-street parking, almost unheard of in Barrio Viejo or Barrio Santa Rosa. The location of the triplex is unbeatable, with its proximity to 5 Points, Downtown, the Modern Streetcar, and other local attractions. This makes it an ideal property for potential use as an Airbnb, providing a unique and convenient accommodation option for visitors to the area.
In summary, this Row House with a guest home in Santa Rosa Barrio is a one-of-a-kind property with three a beautifully restored adobe triplex units and a separate guest home, all brimming with character and charm. With its unique features, prime location, and potential for use as an Airbnb, it presents an incredible opportunity for those seeking a special property in the heart of historic Santa Rosa.

Last Agent to Sell the Property

Denice Osbourne

Long Realty Brokerage Phone: 520 909 6592 Listed on: 04/14/2023

Long Realty

Last Buyer's Agent

Alan Dickson

Tierra Antigua Realty License #SA687074000

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 92 Sq Ft Lot
  • Lot Dimensions are 102 x 90
  • Desert faces the front and back of the property
  • East or West Exposure
  • Wood Fence
  • Shrub
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Territorial Architecture
  • Bungalow
  • Shingle Roof
  • Built-Up Roof
  • Adobe
  • Lead Paint Disclosure

Interior Spaces

  • 3,239 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Combination Dining and Living Room
  • Exposed Ceiling
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Pedestal Sink
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Driveway
  • RV Access or Parking

Eco-Friendly Details

  • Green Energy Flooring

Outdoor Features

  • Patio
  • Shed

Location

  • Ground Level
  • In Flood Plain
  • The property is located in a historic district

Schools

  • Drachman Elementary And Middle School
  • Tucson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $3,466 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,466
  • Operating Expense $8,266
  • Gross Income $69,600
  • Net Operating Income $61,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

92 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent Two Bedroom: 1450.0
  • Attribution Contact: 520 909 6592
  • Horses: No
  • Lot Size: 102 x 90
  • Road Surface Type: Paved
  • CapRate: 7.17
  • Co List Office Mls Id: 52896
  • Subdivision Name: Tucson
  • General Property Information: List Price/SqFt: 262.12
  • General Property Information: Lot Size Price/SqFt: 92.81
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Beamed Ceilings, Adobe, Renewable Flooring
  • Kitchen Features Pantry: Cabinet
  • Interior Steps: No
  • Appliances: Electric Range, Refrigerator
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Built-Up - Reflect, Shingle
  • View: None
  • Construction Type: Mud Adobe
  • Other Structures: Shed(s)
  • Patio And Porch Features: Paver, Patio

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other, Dryer Included, Washer Included, Outside
  • Cooling: Central Air, Zoned, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 3466.49
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Drachman

Lot Info

  • Lot Features: East/West Exposure, Subdivided, Decorative Gravel, Shrubs
  • Lot Size Sq Ft: 92.0
  • Zoning: Tucson - HR3

Building Info

  • Year Built: 1923

Rental Info

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

Tax Info

  • Tax Year: 2022
  • New Taxes Expense: 3466.49

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 69600.0
  • Insurance Expense: 2400.0
  • Property Net Operating Income: 61333.51
  • Annual Operating Expense: 8266.49

MLS Schools

  • Elementary School: Drachman
  • High School: Tucson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 31, 2023
Sold by
Contemporary West Development Inc
Bought by
Pence Truen M and Sakai Nicole A
Seller's Agent
Denice Osbourne
Long Realty
Buyer's Agent
Alan Dickson
Tierra Antigua Realty
List Price
$849,000
Sold Price
$855,000
Premium/Discount to List
$6,000
0.71%
Views
75
Current Estimated Value
$648,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,957
Avg. Annual Appreciation
-9.46%
Original Mortgage
$641,250
Outstanding Balance
$621,347
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$26,696

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 26, 2023
Sold by
Contemporary West Development Inc
Bought by
Pence Truen M and Sakai Nicole A
Seller's Agent
Denice Osbourne
Long Realty
Buyer's Agent
Alan Dickson
Tierra Antigua Realty
List Price
$849,000
Sold Price
$855,000
Premium/Discount to List
$6,000
0.71%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$621,347
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$26,696
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pence Truen M $855,000 Title Security Agency
Pence Truen M $855,000 Title Security Agency
Pence Truen M $855,000 Title Security Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pence Truen M $641,250
Closed Pence Truen M $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $855,000 +0.7% $264 / Sq Ft
04/14/2023 04/14/23 For Sale $849,000 -- $262 / 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 $3,811 $30,253 -- --
2025 $3,811 $28,812 -- --
2024 $3,446 $27,440 -- --
2023 $3,446 $26,134 -- --
2022 $3,466 $24,889 $0 $0
2021 $3,446 $22,575 $0 $0
2020 $3,342 $23,936 $0 $0
2019 $3,298 $35,049 $0 $0
2018 $3,225 $19,501 $0 $0
2017 $3,207 $19,501 $0 $0
2016 $3,133 $18,573 $0 $0
2015 $3,038 $17,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22308262

MLS of Southern Arizona

APN: 117-09-054A

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