NOT LISTED FOR SALE

Estimated Value: $367,129 - $460,000

3 Beds
3 Baths
1,301 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $397,500 $306 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,274/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Butcher Block Countertops
  • Beamed Ceilings
  • Great Room
  • Breakfast Area or Nook
  • 2-minute walk to Santa Rita Park

About This Home

As of July 2021

Simply perfect! This tastefully updated and carefully curated AirBnb home stuns at every turn! Located walking distance to downtown, each 1 bedroom unit has its own private access and distinct privacy. The front unit could easily be converted into a two bedroom as well to increase income options. Even better, this lot allows for a third home to be built to further increase profitability on one single site. All the style and charm are perfectly curated to appeal to the AirBnb traveler. Between the two units, they are currently averaging nearly $3500 per month. Don't miss this opportunity for turn key rental income in the hot downtown Tucson market! Don't forget to look at the attached documents for all of the amazing improvements!Seller is licensed to sell real estate in Arizona.

Last Agent to Sell the Property

Anthony Schaefer

Long Realty Company Listed on: 06/04/2021

Co-Listed By

Marika Nottingham

Long Realty Company

Last Buyer's Agent

Anthony Schaefer

Long Realty Company Listed on: 06/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • East or West Exposure
  • Desert Landscape
  • Back and Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Built-Up Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Stainless Steel Appliances
  • Butcher Block Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Driveway

Location

  • Ground Level

Schools

  • Safford K-8 Magnet Elementary And Middle School
  • Tucson High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • City Of Tucson Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $2,124
  • Maintenance Expense $900
  • Gross Income $42,000
  • Net Operating Income $30,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,469

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary, Modern
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: 001010010 /Tucson Wakefields Resub Blk 167 Lot 3 Exc E 5.4' Thereof
  • Attached Detached: Detached
  • List Price per Sq Ft: 307.46
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Exposed Beams, Walk In Closets
  • Floor Covering Other: Engineered Wood
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1301.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Butcher Block
  • Living Areas: Great Room, Off Kitchen
  • Laundry: Laundry Room
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Masonry Stucco, Stucco Finish
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence Other: Rusted Metal Fence
  • Landscape Front: Decorative Gravel, Desert Plantings, Low Care
  • Landscape Rear: Decorative Gravel, Desert Plantings, Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 2

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Heat Pump
  • Main Heating: Heat Pump
  • 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 Capital Expenses: 1200.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 2124.00
  • Expenses Maintenance Supplies: 900.00
  • Expenses Other Expenses: 7440.00

Schools

  • School District: TUSD
  • Elementary School: Safford K-8 Magnet
  • Middle School: Safford K-8 Magnet
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Dimensions: Irregular
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 39.92
  • Lot Sq Ft: 10019.00
  • Lot Sz Sold Prc Sq Ft: 39.67
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1948

Rental Info

  • Utilities Paid Cable TV: Owner
  • Utilities Paid Electric: Owner
  • Utilities Paid Gas: Owner
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 117-09-2060
  • Taxes: 1468.88
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Safford K-8 Magnet
  • Elementary School: Safford K-8 Magnet
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 25, 2021
Sold by
Cope James Edward and Rosa Guadalupe
Bought by
Wright Timothy
Seller's Agent
Anthony Schaefer
Long Realty Company
Buyer's Agent
Anthony Schaefer
Long Realty Company
List Price
$397,500
Sold Price
$397,500
Current Estimated Value
$405,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,532
Avg. Annual Appreciation
0.44%

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 14, 2020
Sold by
1116 S Fourth Llc
Bought by
Cope Rosa Guadalupe and Cope Edward
Seller's Agent
Thalia Kyriakis
Tierra Antigua Realty
Buyer's Agent
Anthony Schaefer
Long Realty Company
List Price
$311,000
Sold Price
$311,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.53%
Original Mortgage
$233,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2020
Closed on
May 1, 2020
Sold by
Capital West Coast Llc
Bought by
Central Barrio Development Llc
Seller's Agent
Manny Bermudez
HomeSmart Advantage Group
Buyer's Agent
Manny Bermudez
HomeSmart Advantage Group
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
353.39%
Original Mortgage
$230,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2008
Sold by
Capital West Coast Llc
Bought by
Abeyta Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2006
Sold by
Valenzuela Robert M
Bought by
Capital West Coast Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.16%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Wright Timothy -- Empire West Title
Cope Rosa Guadalupe -- Title Security Agency
Central Barrio Development Llc $120,000 Fidelity Natl Ttl Agcy Inc
Abeyta Stephen B -- Tfnti
Abeyta Stephen B -- Tfnti
Capital West Coast Llc $155,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cope Rosa Guadalupe $233,250
Previous Owner Central Barrio Development Llc $230,000
Previous Owner Abeyta Stephen B $160,000
Previous Owner Capital West Coast Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $397,500 0.0% $306 / Sq Ft
06/04/2021 06/04/21 For Sale $397,500 +27.8% $306 / Sq Ft
12/18/2020 12/18/20 Sold $311,000 0.0% $237 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $311,000 +159.2% $237 / Sq Ft
05/01/2020 05/01/20 Sold $120,000 0.0% $92 / Sq Ft
04/12/2020 04/12/20 For Sale $120,000 -- $92 / 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 $1,515 $12,664 -- --
2024 $1,515 $12,061 -- --
2023 $1,515 $11,487 -- --
2022 $1,524 $10,940 $0 $0
2021 $1,515 $9,923 $0 $0
2020 $1,469 $9,923 $0 $0
2019 $1,449 $15,305 $0 $0
2018 $1,418 $10,423 $0 $0
2016 $1,655 $9,926 $0 $0
2015 $1,604 $9,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22114353

MLS of Southern Arizona

APN: 117-09-2060