NOT LISTED FOR SALE

Estimated Value: $496,000 - $626,000

4 Beds
3 Baths
1,559 Sq Ft
$358/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $575,000 $369 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,156/month

108 Days on Market

Highlights

  • RV Parking in Community
  • Wood Flooring
  • Granite Countertops
  • Mountain View
  • Finished Attic
  • Covered Patio or Porch

About This Home

As of September 2024

Welcome to this charming and vibrant multi family bungalow, nestled less than a block away from the University of Arizona and conveniently close to downtown. Boasting a prime location, this property offers not just a home but a lifestyle. Each unit within this triplex has been meticulously updated, offering modern comforts while preserving the timeless appeal of the historic architecture. The main unit features two bedrooms and one bathroom, providing ample space for comfortable living. Additionally, there are two one-bedroom, one-bathroom units, perfect for individuals seeking cozy yet stylish accommodation. Individual large fenced-in yards accompanying each unit, offering privacy and a serene outdoor space for relaxation or entertaining Schedule your showing today!

Last Agent to Sell the Property

Eddie Watters

Realty Executives Arizona Territory Listed on: 04/29/2024

Realty Executives Arizona Territory

Last Buyer's Agent

Eddie Watters

Realty Executives Arizona Territory Listed on: 04/29/2024

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1946

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 138x49
  • Back Yard

Home Design

  • Triplex
  • Bungalow
  • Shingle Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 1,559 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Mountain Views
  • Finished Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paver Block

Schools

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

Utilities

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

Additional Features

  • North or South Exposure
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,199 special tax assessment

Community Details

Overview

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

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $500
  • Water Sewer Expense $1,200
  • Gross Income $47,310
  • Net Operating Income $43,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,399

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: BUELLS S140' LOT 6 BLK 26
  • Attached Detached: Attached
  • List Price per Sq Ft: 368.83
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 1100.00
  • Unit Info Average Monthly Rent Two Bedroom: 1950.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Furnished, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Wood
  • Gross Sq Ft: 1559.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Countertops: Granite
  • Kitchen Features Microwave: SS
  • Kitchen Features Oven: SS
  • Living Areas: Off Kitchen
  • Laundry: Dryer Included, Laundry Closet, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Pavers
  • F E M A Flood Zone: TBD
  • Fence Other: Metal Corrugated
  • Landscape Front: Decorative Gravel, Low Care
  • Landscape Front Other: Turf
  • Landscape Rear: Decorative Gravel, Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Main Heating: Forced Air, Heat Pump, Natural Gas
  • Security Other: Fenced
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 500.00
  • Expenses Taxes Assessments: 1199.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: 138x49
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 85.16
  • Lot Sq Ft: 6752.00
  • Lot Sz Sold Prc Sq Ft: 85.16
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1946

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: 124-06-0740
  • Taxes: 2399.46
  • Tax Year: 2023
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Sep 25, 2024
Sold by
Brandenburg Richard A
Bought by
Brandenburg Richard A and Alvarado Luis Angel
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Eddie Watters
Realty Executives Arizona Territory
List Price
$575,000
Sold Price
$575,000
Views
105
Current Estimated Value
$557,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,484
Avg. Annual Appreciation
-2.50%
Original Mortgage
$564,585
Outstanding Balance
$557,565
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$49

Purchase Details

Listed on
Apr 29, 2024
Closed on
Sep 4, 2024
Sold by
Matson Family Llc
Bought by
Brandenburg Richard A
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Eddie Watters
Realty Executives Arizona Territory
List Price
$575,000
Sold Price
$575,000
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,585
Outstanding Balance
$557,565
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$49

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jan 16, 2020
Sold by
Torrez Peter M and Torrez Ann
Bought by
Matson Family Llc
Seller's Agent
Steve Nissen
Long Realty
Buyer's Agent
Lori Gray
EMS Realty, Inc.
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jun 14, 2018
Sold by
1135 E 8Th Street Llc
Bought by
House Hunter Llc 401K Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Wise George A
Bought by
1135 8Th Street Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Bishop Michael A
Bought by
Wise George A

Purchase Details

Closed on
Feb 24, 2009
Sold by
Wise Claudia
Bought by
Wise George A

Purchase Details

Closed on
Sep 28, 2007
Sold by
Isidoro Holdings Llc
Bought by
Bishop Michael A

Purchase Details

Closed on
Oct 20, 2006
Sold by
Bishop Michael
Bought by
Isidoro Holdings Llc

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bishop Andrea J
Bought by
Bishop Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
8.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 24, 2005
Sold by
Maughan Gus and Canterman David
Bought by
Bishop Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
8.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 11, 2004
Sold by
Maughan Gus
Bought by
Maughan Gus and Canterman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Jacobson William B and Jacobson Linda A
Bought by
Maughan Gus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brandenburg Richard A -- None Listed On Document
Brandenburg Richard A $575,000 Premier Title
Matson Family Llc $395,000 Title Security Agency Llc
House Hunter Llc 401K Plan $250,000 Fidelity National Title Agen
1135 8Th Street Llc -- None Available
1135 8Th Street Llc -- None Available
Wise George A $249,000 Long Title Agency Llc
Wise George A -- Longt
Wise George A -- Longt
Bishop Michael A -- Accommodation
Bishop Michael A -- None Available
Bishop Michael A -- Accommodation
Isidoro Holdings Llc -- Tlati
Bishop Michael -- --
Bishop Michael -- --
Bishop Michael $385,000 --
Bishop Michael $385,000 --
Maughan Gus -- --
Maughan Gus -- --
Maughan Gus $155,000 --
Maughan Gus $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandenburg Richard A $564,585
Previous Owner House Hunter Llc 401K Plan $275,000
Previous Owner Bishop Michael $365,750
Previous Owner Maughan Gus $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $575,000 0.0% $369 / Sq Ft
04/29/2024 04/29/24 For Sale $575,000 +45.6% $369 / Sq Ft
01/23/2020 01/23/20 Sold $395,000 0.0% $253 / Sq Ft View Prior Sale
12/24/2019 12/24/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $395,000 -- $253 / 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 $2,651 $20,042 -- --
2024 $2,543 $19,087 -- --
2023 $2,399 $18,178 $0 $0
2022 $2,411 $17,313 $0 $0
2021 $2,397 $15,703 $0 $0
2020 $2,324 $20,570 $0 $0
2019 $2,294 $20,555 $0 $0
2018 $2,244 $13,565 $0 $0
2017 $2,231 $13,565 $0 $0
2016 $2,184 $12,919 $0 $0
2015 $2,118 $12,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22410656

MLS of Southern Arizona

APN: 124-06-0740