NOT LISTED FOR SALE

124 E Pennsylvania Dr Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $180,267 - $283,000

-- Bed
-- Bath
1,492 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $95,000 $64 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,364/month

22 Days on Market

About This Home

As of May 2017

''Rock Solid'' constructed triplex. Easy access to all units. Fenced front yards with easy care landscaping. Detached home in rear has private rear yard. Rents below market value. Two of the apts. are rented for $410. mo. and the other apt. is rented for $425. Close to 6th Avenue shopping. Good terms available with owner financing. Must sell in ''As/Is'' condition.Owner/Agent.

Last Agent to Sell the Property

Gary Zimbler

Riviera Investments Listed on: 04/26/2017

Last Buyer's Agent

Daniel Biel

ERA Gem Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1959

Lot Details

  • 7,338 Sq Ft Lot
  • Lot Dimensions are 57'x134'x57'x134'

Home Design

  • 1,492 Sq Ft Home
  • Triplex
  • Concrete Block And Stucco Construction

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • $760 special tax assessment

Community Details

Overview

  • Fairgrounds Addition Resub Subdivision

Building Details

  • Fuel Expense $405
  • Insurance Expense $1,057
  • Maintenance Expense $600
  • Water Sewer Expense $1,330
  • Gross Income $15,000
  • Net Operating Income $10,848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$796

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Fairgrounds Resub Lot 2 Block 5
  • List Price per Sq Ft: 79.76
  • Unit Info Average Monthly Rent One Bedroom: 410.00
  • Unit Info Number Of Units1 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1492.00

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 405.00
  • Expenses Maintenance Supplies: 600.00
  • Expenses Taxes Assessments: 759.59

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: 57'x134'x57'x134'
  • Lot Size Price Sq Ft: 16.22
  • Lot Sq Ft: 7338.00
  • Lot Sz Sold Prc Sq Ft: 12.95
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1959

Tax Info

  • Tax Code: 120-09-0660
  • Taxes: 795.59
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Unatco First Midwest Bank
Bought by
Chicago Trust Administration Services Ll
Current Estimated Value
$246,089

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 30, 2017
Sold by
Southwest Equities Llc
Bought by
Unatco/First Midwest Bank
Seller's Agent
Gary Zimbler
Riviera Investments
Buyer's Agent
Daniel Biel
ERA Gem Realty
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Listed on
Apr 4, 2014
Closed on
Aug 4, 2014
Sold by
Fannie Mae
Bought by
Southwest Equities Llc
Seller's Agent
Valerie Estrada
Douglas Realty
Buyer's Agent
Mona Lopez
Douglas Realty
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Reyes Gustavo and Reyes Julissa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 2005
Sold by
Graham Michael J and Graham Andrea J
Bought by
Reyes Gustavo and Reyes Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2004
Sold by
Downer Randolph and Downer Julie E
Bought by
Graham Michael J and Graham Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 1998
Sold by
Mcevoy John
Bought by
Downer Randolph and Downer Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chicago Trust Administration Services Ll -- Chicago Trust Admin
Chicago Trust Administration Services Ll -- Chicago Trust Admin
Unatco/First Midwest Bank $95,000 Fidelity Natl Title Agency I
Unatco/First Midwest Bank $95,000 Fidelity Natl Title Agency I
Southwest Equities Llc $59,000 Fidelity National Title
Federal National Mortgage Association $111,184 Security Title Agency
Reyes Gustavo $150,000 None Available
Graham Michael J $75,000 --
Graham Michael J $75,000 --
Downer Randolph $48,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Gustavo $112,500
Previous Owner Graham Michael J $67,500
Previous Owner Downer Randolph $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2017 05/31/17 Sold $95,000 0.0% $64 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $95,000 +61.0% $64 / Sq Ft
08/07/2014 08/07/14 Sold $59,000 0.0% $40 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $59,000 -- $40 / 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 $946 $7,151 -- --
2024 $856 $6,811 -- --
2023 $856 $6,487 $0 $0
2022 $860 $6,178 $0 $0
2021 $855 $5,603 $0 $0
2020 $829 $7,909 $0 $0
2019 $818 $8,374 $0 $0
2018 $801 $4,840 $0 $0
2017 $796 $4,840 $0 $0
2016 $796 $4,610 $0 $0
2015 $745 $4,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gary Zimbler

    Riviera Investments

  • D

    Buyer's Agent in 2017

    Daniel Biel

    ERA Gem Realty

  • V

    Seller's Agent in 2014

    Valerie Estrada

    Douglas Realty

    (520) 304-7786

    21 Total Sales

    Valerie Estrada
    Section Image

  • M

    Buyer's Agent in 2014

    Mona Lopez

    Douglas Realty

    (520) 548-2925

    16 Total Sales

    Mona Lopez
    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 21711411

MLS of Southern Arizona

APN: 120-09-0660

Arizona Pima County Tucson 85714 Fairgrounds

124 E Pennsylvania Dr, Tucson, AZ

Not Listed for Sale

MultiFamily

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