NOT LISTED FOR SALE

1309 W Niagara St Tucson, AZ 85745

Barrio Hollywood Neighborhood

Estimated Value: $344,000 - $450,000

5 Beds
3 Baths
2,225 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $349,000 $157 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,119/month

50 Days on Market

Highlights

  • City View
  • Covered Patio or Porch
  • Bathtub with Shower
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Ceramic Tile Flooring

About This Home

As of June 2023

Here's an opportunity to make this rental yours!This property offers two units: a two-bed, two-bath unit, and a three-bed, one-bath unit. The units feature updated kitchens and open living spaces, and both units have their own onsite laundry hookups.Located within a short distance to local shops, restaurants, and public transportation, this property is a solid rental for anyone looking for a performing investment.

Last Agent to Sell the Property

Scott Autenreith

Keller Williams Southern Arizona Listed on: 04/20/2023

Last Buyer's Agent

Kristina Scott

Realty One Group Integrity

Realty One Group Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1946

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 51x153
  • Wood Fence
  • Block Wall Fence
  • Back Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,225 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • City Views
  • Window Bars
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Manzo Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,684 special tax assessment

Community Details

Overview

  • El Rio Park Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,400
  • Professional Management Expense $2,730
  • Water Sewer Expense $1,000
  • Gross Income $25,935
  • Net Operating Income $17,871

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,684

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: EL RIO PARK LOT 5 BLK 11
  • Attached Detached: Detached
  • List Price per Sq Ft: 157.30
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile, Concrete
  • Gross Sq Ft: 2225.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • 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: Central Air
  • Main Heating: Forced Air
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 1250.00
  • Expenses Taxes Assessments: 1684.04

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Dimensions: 51x153
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 45.40
  • Lot Sq Ft: 7710.00
  • Lot Sz Sold Prc Sq Ft: 45.27
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

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: 116-12-2400
  • Taxes: 1684.04
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Manzo
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 13, 2023
Sold by
Cv Tucson Investments Llc
Bought by
Rubin Michael and Rubin Emily
Seller's Agent
Scott Autenreith
Keller Williams Southern Arizona
Buyer's Agent
Kristina Scott
Realty One Group Integrity
List Price
$350,000
Sold Price
$349,000
Premium/Discount to List
-$1,000
-0.29%
Views
160
Current Estimated Value
$377,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,383
Avg. Annual Appreciation
3.15%
Original Mortgage
$261,750
Outstanding Balance
$254,191
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$123,192

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 9, 2023
Sold by
Cv Tucson Investments Llc
Bought by
Rubin Michael and Rubin Emily
Seller's Agent
Scott Autenreith
Keller Williams Southern Arizona
Buyer's Agent
Kristina Scott
Realty One Group Integrity
List Price
$350,000
Sold Price
$349,000
Premium/Discount to List
-$1,000
-0.29%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Outstanding Balance
$254,191
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$123,192

Purchase Details

Closed on
Mar 18, 2020
Sold by
Clear Value Investments Llc
Bought by
Cv Tucson Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,027,600
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2019
Sold by
Bar Investment Fund 1 Llc
Bought by
Clear Value Investments Llc

Purchase Details

Closed on
Sep 8, 2016
Sold by
Arizona Acquisition & Development Llc
Bought by
Bar Investment Fund 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 2008
Sold by
Rio Verde Ventures Inc
Bought by
Arizona Acquisitions & Development Llc

Purchase Details

Closed on
Jul 14, 2008
Sold by
Defilippis Paolo
Bought by
Rio Verde Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,001
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2008
Sold by
Hernandez Regina C
Bought by
Defilippis Paolo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,001
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Schwimmer Mark and Schwimmer Pattie
Bought by
Hernandez Regina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Harvest Properties Inc
Bought by
Schwimer Mark and Schwimer Pattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Valdenegro Frederico Thomas
Bought by
Harvest Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1995
Sold by
Valdenegro Wilma
Bought by
Valdenegro Frederico Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
7.38%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Valdenegro Salvador N
Bought by
Valdenegro Federico Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubin Michael $349,000 Fidelity National Title
Rubin Michael $349,000 Fidelity National Title
Cv Tucson Investments Llc -- Premier Title Agency
Clear Value Investments Llc $1,000,000 Catalina Title Agency
Clear Value Investments Llc $1,000,000 Catalina Title Agency
Bar Investment Fund 1 Llc $759,490 Catalina Title Agency
Arizona Acquisitions & Development Llc $67,000 Tstti
Rio Verde Ventures Inc $56,001 None Available
Defilippis Paolo $128,409 None Available
Hernandez Regina C $148,100 --
Schwimer Mark -- --
Harvest Properties Inc $70,000 --
Harvest Properties Inc $70,000 --
Valdenegro Frederico Thomas -- --
Valdenegro Federico Thomas -- --
Valdenegro Federico Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Michael $261,750
Closed Rubin Michael $261,750
Previous Owner Cv Tucson Investments Llc $3,027,600
Previous Owner Bar Investment Fund 1 Llc $404,000
Previous Owner Rio Verde Ventures Inc $56,001
Previous Owner Hernandez Regina C $118,400
Previous Owner Harvest Properties Inc $97,500
Previous Owner Valdenegro Frederico Thomas $35,500
Closed Hernandez Regina C $29,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $349,000 -0.3% $157 / Sq Ft
04/20/2023 04/20/23 For Sale $350,000 -- $157 / 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 $1,633 $13,997 -- --
2024 $1,776 $13,330 -- --
2023 $1,684 $12,695 $0 $0
2022 $1,684 $12,091 $0 $0
2021 $1,674 $10,967 $0 $0
2020 $1,623 $10,967 $0 $0
2019 $1,602 $13,668 $0 $0
2018 $1,567 $9,473 $0 $0
2017 $1,558 $9,473 $0 $0
2016 $1,504 $9,022 $0 $0
2015 $1,458 $8,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Scott Autenreith

    Keller Williams Southern Arizona

  • Kristina Scott

    Buyer's Agent in 2023

    Kristina Scott

    Realty One Group Integrity

    (520) 288-5051

    3 in this area

    217 Total Sales

    Kristina Scott
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Map

Source: MLS of Southern Arizona

MLS Number: 22308706

MLS of Southern Arizona

APN: 116-12-2400

Arizona Pima County Tucson 85745 Barrio Hollywood

1309 W Niagara St, Tucson, AZ

Not Listed for Sale

MultiFamily

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