NOT LISTED FOR SALE

Estimated Value: $449,000 - $553,000

4 Beds
5 Baths
1,647 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $240,000 $146 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,788/month

38 Days on Market

Highlights

  • Pueblo Architecture
  • Great Room
  • Breakfast Area or Nook
  • Corner Lot
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2019

Great location! This 3-Plex is located blocks away from the UofA Campus and minutes away from Downtown. The 2 front units have new roofs, HVAC, flooring, windows with remodeled bathrooms and kitchens. All 3 units feature their own private yards. Great cashflow opportunity!

Last Agent to Sell the Property

Marcela Fuentes

CASAS Real Estate Listed on: 03/15/2019

Last Buyer's Agent

Marcela Fuentes

La Corona de Tucson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1938

Lot Details

  • Wood Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Pueblo Architecture
  • Shingle Roof
  • Adobe

Interior Spaces

  • Bathtub with Shower
  • 1,647 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Davis Bilingual Magnet Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Doors with lever handles
  • Ground Level

Listing and Financial Details

  • $2,195 special tax assessment

Community Details

Overview

  • Rieckers Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $750
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,800
  • Gross Income $24,050
  • Net Operating Income $18,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,195

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Pueblo
  • Technology: Cable TV
  • Accessibility Options: Door Levers
  • Legal Description: From Parcel:001010010 /Rieckers N42.5' Of Lots 9 & 10 Blk 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 151.79
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 650.00
  • Unit Info Average Monthly Rent Two Bedroom: 850.00
  • Unit Info Average Monthly Rent Studios: 550.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 1647.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Garbage Disposal, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1000.00
  • Expenses Taxes Assessments: 2195.00

Schools

  • School District: TUSD
  • Elementary School: Davis Bilingual Magnet
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Dimensions: unknown
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 2500000.00
  • Lot Sq Ft: 0.10
  • Lot Sz Sold Prc Sq Ft: 2400000.00
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1938

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: 124-07-0850
  • Taxes: 2195.00
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Davis Bilingual Magnet
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Arizpe Ricardo A and Arizpe Myrna M
Bought by
Ricardo A Arizpe And Myrna M Arizpe Living Tr
Current Estimated Value
$493,263

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 18, 2019
Sold by
Phull Harminder S
Bought by
Arizpe Ricardo and Arizpe Myrna
Seller's Agent
Marcela Fuentes
CASAS Real Estate
Buyer's Agent
Marcela Fuentes
La Corona de Tucson Realty
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$180,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Phull Harminder S and Phull Ravinder K
Bought by
Phull Harminder S and Phull Ravinder K

Purchase Details

Closed on
Sep 4, 2003
Sold by
Meng Leroy
Bought by
Phull Harminder S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Ricardo A Arizpe And Myrna M Arizpe Living Tr -- None Listed On Document
Arizpe Ricardo $250,000 Pioneer Title Agency Inc
Phull Harminder S -- --
Phull Harminder S -- --
Phull Harminder S -- --
Phull Harminder S -- --
Phull Harminder S $165,000 --
Phull Harminder S $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arizpe Ricardo $180,000
Previous Owner Phull Harminder S $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $240,000 0.0% $146 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $240,000 -- $146 / 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 $2,061 $17,234 -- --
2024 $2,061 $16,413 -- --
2023 $2,061 $15,632 -- --
2022 $2,073 $14,887 $0 $0
2021 $2,061 $13,928 $0 $0
2020 $2,062 $13,927 $0 $0
2019 $2,257 $19,788 $0 $0
2018 $2,208 $13,346 $0 $0
2017 $2,195 $13,346 $0 $0
2016 $2,149 $12,711 $0 $0
2015 $2,084 $12,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21907304

MLS of Southern Arizona

APN: 124-07-0850