NOT LISTED FOR SALE

Estimated Value: $478,000 - $573,000

5 Beds
4 Baths
2,557 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $455,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,088/month

4 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Community Pool
  • Vaulted Ceiling
  • Finished Attic
  • Breakfast Area or Nook

About This Home

As of June 2021

There's nothing else like this turn-key Triplex! Located in the heart of Central Tucson, this beautifully renovated property is close to shopping, restaurants, and has it's own sparking pool just in time for summer!Each unit has been updated over the last few years including the kitchens, bathrooms, newer appliances, newer AC systems, updated electrical, the list goes on and on! The ramada in the front yard is perfect for outdoor dining and bbq's! Did I mention the sparkling pool?!Live in one unit and rent the others or rent all three! This property has great success as an Airbnb. This is an ideal investment property!

Last Agent to Sell the Property

Michelle Genardini

Coldwell Banker Realty Listed on: 05/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Gene Watson

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 121 x 75 x 121 x75
  • East or West Exposure
  • Block Wall Fence
  • Chain Link Fence
  • Garden

Home Design

  • Triplex
  • Ranch Style House
  • Turnkey
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 2,557 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Mountain Views
  • Finished Attic
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Bedrooms and Bathrooms

  • Dual Flush Toilets
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • Parking Pad

Outdoor Features

  • Patio
  • Shed

Location

  • Ground Level

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,994 special tax assessment

Community Details

Overview

  • Speedway Addition No. 1 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Building Details

  • Fuel Expense $4,175
  • Water Sewer Expense $2,325
  • Gross Income $29,760
  • Net Operating Income $21,266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: SPEEDWAY NO 1 N75' S190' LOT 1BLK 7
  • Attached Detached: Attached
  • List Price per Sq Ft: 177.94
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 700.00
  • Unit Info Average Monthly Rent Three Bedroom: 1050.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Furnished, Vaulted Ceilings
  • Window Coverings: Some
  • Floor Covering: Vinyl
  • Gross Sq Ft: 2557.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Gas Range

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Chain Link
  • Landscape Front: Decorative Gravel, Flower Beds
  • Landscape Front Other: turf
  • Landscape Rear Other: turf
  • Patio Deck: Patio, Ramada
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 6

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: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 4175.00
  • Expenses Taxes Assessments: 1993.66

Schools

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

Green Features

  • Green Features: Dual-Flush Toilets

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 121 x 75 x 121 x75
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 49.74
  • Lot Sq Ft: 9148.00
  • Lot Sz Sold Prc Sq Ft: 49.74
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1960

Rental Info

  • Utilities Paid Cable TV: Owner
  • Utilities Paid Electric: Owner
  • Utilities Paid Gas: Owner
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Pool Spa Maintenance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-13-1040
  • Taxes: 1993.66
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Blass Louis M
Bought by
Bryant Apartments Llc
Current Estimated Value
$537,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Outstanding Balance
$333,993
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$203,274

Purchase Details

Closed on
Aug 17, 2021
Sold by
Bryant Apartments Llc
Bought by
Blass Louis M

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 10, 2021
Sold by
Arellano Marcos Raul and Miranda Priscila
Bought by
Lb & Cb Investments Llc
Seller's Agent
Michelle Genardini
Coldwell Banker Realty
Buyer's Agent
Gene Watson
Tierra Antigua Realty
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 11, 2017
Sold by
Kahn Herschel and Kahn Joel
Bought by
Arellano Marcos Raul and Miranda Priscila
Seller's Agent
Bob Zachmeier
Win3 Realty
Buyer's Agent
Shawn Polston
Berkshire Hathaway Homeservices Premier Properties
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%
Original Mortgage
$201,286
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2001
Sold by
Davis Randy G
Bought by
Kahn Joel and Kahn Herschel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,950
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1996
Sold by
Berger Edward Gary and Ross Mort
Bought by
Davis Randy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,254
Interest Rate
8.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bryant Apartments Llc -- Signature Title Agency
Bryant Apartments Llc -- Signature Title Agency
Blass Louis M -- Signature Title Agency
Blass Louis M -- Signature Title Agency
Lb & Cb Investments Llc $455,000 Signature Ttl Agcy Of Az Llc
Arellano Marcos Raul $205,000 Stewart Title & Tr Of Tucson
Kahn Joel $165,500 Lawyers Title Of Arizona Inc
Davis Randy G $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Apartments Llc $359,000
Closed Bryant Apartments Llc $359,000
Previous Owner Lb & Cb Investments Llc $350,000
Previous Owner Arellano Marcos Raul $201,286
Previous Owner Kahn Herschel $132,000
Previous Owner Kahn Joel $151,000
Previous Owner Kahn Joel $148,950
Previous Owner Davis Randy G $134,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $455,000 0.0% $178 / Sq Ft
05/20/2021 05/20/21 For Sale $455,000 +122.0% $178 / Sq Ft
07/14/2017 07/14/17 Sold $205,000 0.0% $80 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $205,000 -- $80 / 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 $2,192 $19,616 -- --
2024 $2,192 $18,682 -- --
2023 $2,070 $17,793 $0 $0
2022 $2,070 $16,945 $0 $0
2021 $2,077 $15,370 $0 $0
2020 $1,994 $18,568 $0 $0
2019 $1,936 $17,425 $0 $0
2018 $2,196 $13,277 $0 $0
2017 $2,184 $13,277 $0 $0
2016 $2,135 $12,645 $0 $0
2015 $2,071 $12,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22113130

MLS of Southern Arizona

APN: 122-13-1040