NOT LISTED FOR SALE

Estimated Value: $524,000 - $585,000

5 Beds
4 Baths
2,128 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $519,000 $244 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,419/month

111 Days on Market

Highlights

  • Contemporary Architecture
  • Covered patio or porch
  • Walk-In Closet
  • Wood Flooring
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of September 2023

TWO buildings, 5 tenants paying all utilities! UNDER-MARKET RENT! Leases end July 31, 2023. Separately metered. Front house 2 bedroom/1 bath with wood floors and ceramic tile throughout. High ceilings, low maintenance. Gated off-street parking, enough for 6 vehicles or more. Charming 1940 bungalow style. Rear house 3 bedroom/3 bath with ceramic tile throughout. Shared laundry room attached to rear house, AND each unit has hookups for personal machines if desired. Views of the Arizona Stadium from the front steps! Easy distance to campus and downtown. Zoned R-3. Plenty of space between units. An attractive rental opportunity. Buyer to verify all facts and figures, including those in MLS.

Last Agent to Sell the Property

Bridgett Baldwin

Berkshire Hathaway HomeServices Arizona Properties Listed on: 05/03/2023

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Bridgett Baldwin

Berkshire Hathaway HomeServices Arizona Properties Listed on: 05/03/2023

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,847

Year Built

  • Built in 2003

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50'x151'x50'x151'
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back and Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Bungalow
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • $3,847 special tax assessment

Community Details

Overview

  • Drakes Addition Subdivision

Building Details

  • Insurance Expense $1,058
  • Gross Income $36,000
  • Net Operating Income $30,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,847

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow, Contemporary
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: Drakes Lots 8 & 9 Blk 27
  • Attached Detached: Detached
  • List Price per Sq Ft: 258.46
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk In Closets
  • Window Coverings: None
  • Floor Covering: Ceramic Tile, Wood
  • Gross Sq Ft: 2128.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Breakfast Nook, Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Pantry: Cabinet
  • Laundry Other: shared laundry room
  • Living Areas: Family Room, Living Room
  • Laundry: Dryer Included, Laundry Room, Washer Included
  • Extra Room: Storage
  • Kitchen Features: Double Sink, Gas Range, Refrigerator

Exterior Features

  • Construction: Other
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block, Chain Link, Wrought Iron
  • Landscape Front: Decorative Gravel, Low Care, Shrubs, Trees
  • Landscape Rear: Decorative Gravel, Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • 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: Central Air
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street, Sidewalks

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 100.00
  • Expenses Taxes Assessments: 3847.45

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 50'x151'x50'x151'
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 73.41
  • Lot Sq Ft: 7492.00
  • Lot Sz Sold Prc Sq Ft: 69.27
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2003

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 124-08-2270
  • Taxes: 3847.45
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 13, 2023
Sold by
Arkadi Shtutman and Arkadi Alena Shtutman
Bought by
Valeri Evan
Seller's Agent
Bridgett Baldwin
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Bridgett Baldwin
Berkshire Hathaway HomeServices Arizona Properties
List Price
$550,000
Sold Price
$519,000
Premium/Discount to List
-$31,000
-5.64%
Views
308
Current Estimated Value
$552,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,818
Avg. Annual Appreciation
3.65%
Original Mortgage
$389,250
Outstanding Balance
$382,737
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$170,081

Purchase Details

Closed on
Jun 29, 2015
Sold by
Shututman Dan
Bought by
Shtutman Arkadi and Shtutman Alena

Purchase Details

Closed on
Jul 8, 2009
Sold by
Ewing William M and Ewing Loretta C
Bought by
Shtutman Dan and Shtutman Arkadi
Source: Public Records

Similar Homes in Tucson, AZ

  • 328 E 24th St, Tucson, AZ 85713

    $420,000

    • 5 Beds
    • 3 Baths
    • 1,879 Sq Ft
    • 328 E 24th St
    • Tucson, AZ

    This brand-new duplex features a 3 Bedrooms and 2 Bathrooms Unit and a 2 Bedrooms and 1 Bathroom unit, making it perfect for either investment or living in one unit and renting out the other one. It is perfectly Located less than 3 miles to U of A and 2 miles to downtown, Close to I-10, come see it before it is too late. Electric and Water meter for each unit.

    Jose Campillo Tierra Antigua Realty

    Section Image
  • 921 E 36th St, Tucson, AZ 85713

    $425,000

    • 5 Beds
    • 3 Baths
    • 1,879 Sq Ft
    • 921 E 36th St
    • Tucson, AZ

    This brand-new duplex features a 3 Bedrooms and 2 Bathrooms Unit and a 2 Bedrooms and 1 Bathroom unit, making it perfect for either investment or living in one unit and renting out the other one. It is perfectly Located less than 4 miles to U of A and 3 miles to downtown, Close to I-10, come see it before it is too late. Electric and Water meter for each unit. Pictures are from another duplex

    Jose Campillo Tierra Antigua Realty

    Section Image
  • 128 N Fremont Ave, Tucson, AZ 85719

    $625,000

    • 4 Beds
    • 3 Baths
    • 1,732 Sq Ft
    • 128 N Fremont Ave
    • Tucson, AZ

    Just steps from the University of Arizona, this beautifully renovated property features both a main house and a guest house, each thoughtfully updated to blend modern comfort with timeless charm.The main residence boasts integral colored concrete floors, soaring ceilings, and a spacious great room floor plan. The kitchen is stylish and functional, featuring maple cabinetry and black slate

    Denice Osbourne Long Realty

    Section Image
  • 1809 E Miles St, Tucson, AZ 85719

    $450,000

    • 6 Beds
    • 4 Baths
    • 2,460 Sq Ft
    • 1809 E Miles St
    • Tucson, AZ

    This well maintained 2-plex is less than one mile from the U of A and very close to downtown Tucson. Groceries are only about 2 blocks away. Each unit has 3 bedrooms and 2 bathrooms one of which is ensuite. Each side has their own washer and dryer. This is perfect if you want to live in one side and let the tenants help with the mortgage. Or being so close to U of A, student housing. Lots of

    Paula Margerum New Concept

    Section Image
  • 622 E 8th St, Tucson, AZ 85705

    $549,000

    • 4 Beds
    • 3 Baths
    • 1,915 Sq Ft
    • 622 E 8th St
    • Tucson, AZ

    Turn-key income producing property in the heart of downtown. This property has so many possibilities: live in the main house or one of the back units, Airbnb one of them or all three, or long-term lease to off-set your mortgage. The main house offers 2 bed, 1 bath, fully updated kitchen and bathroom, interior upgrades, tile, plus a private yard and parking. Main house roof and HVAC both replaced

    Kristina Scott Realty One Group Integrity

    Section Image
  • 1001 N 1st Ave, Tucson, AZ 85719

    $495,000

    • 4 Beds
    • 3 Baths
    • 1,956 Sq Ft
    • 1001 N 1st Ave
    • Tucson, AZ

    Beautifully maintained duplex near the University of Arizona on a prime corner lot! The spacious 3bed/2bath (1200 sqft) at 1001 N 1st Ave features an updated kitchen, washer/dryer, 2-car carport, and a private enclosed yard. The 1bed/1bath (750 sqft) at 647 E 1st St offers washer/dryer hookups, its own fenced yard, and off-street parking. Both units have beam ceilings, large bedrooms, and

    Caroline Thompson OMNI Homes International

    Section Image
  • 844 E Lee St, Tucson, AZ 85719

    $585,000

    • 5 Beds
    • 3 Baths
    • 2,002 Sq Ft
    • 844 E Lee St
    • Tucson, AZ

    OPPORTUNITY is calling & this is the perfect investment property to live in one & rent out the other for additional income! Always rented! Minutes from UofA, Banner, bike paths, restaurants, I-10 access, and so much more! Large lots provide OFF-street parking at both homes. Front house was built in 1920 and boasts 569sq.ft with 2 bed/1 bath, mini-splits for controlled heating & cooling, cozy

    Ashley Kimberlin Realty Executives Arizona Territory

    Section Image
  • 1704 S 7th Ave, Tucson, AZ 85713

    $545,000

    • 6 Beds
    • 6 Baths
    • 2,589 Sq Ft
    • 1704 S 7th Ave
    • Tucson, AZ

    This property consists of two single units (a 2-bedroom/2-bath and a studio) and a duplex (2 bedrooms/1 bath in each unit), presenting a great investment opportunity for those seeking a turnkey rental property. All units are currently occupied, and each is separately metered. Property will be shown with an accepted offer. Please do not disturb the tenants. Rents are below market rents perfect

    Francisco Tapia Real Broker

    Section Image
  • 1222 N 13th Ave, Tucson, AZ 85705

    $424,900

    • 5 Beds
    • 3 Baths
    • 1,963 Sq Ft
    • 1222 N 13th Ave
    • Tucson, AZ

    New Construction, property under construction. Discover the value of this brand-new duplex construction--an excellent opportunity for investors or owner-occupants alike. The first unit features a well-designed 3-bedroom, 2-bathroom layout with 1,113 square feet of modern living space. The second unit offers 2 bedrooms and 1 bathroom across 850 square feet, ideal for efficient and comfortable

    Erick Quintero Tierra Antigua Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valeri Evan $519,000 Stewart Title & Trust Of Tucso
Shtutman Arkadi -- None Available
Shtutman Dan $285,000 Tlati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valeri Evan $389,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $519,000 -5.6% $244 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $550,000 0.0% $258 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $550,000 -0.9% $258 / Sq Ft
05/23/2023 05/23/23 For Sale $555,000 0.0% $261 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $555,000 -- $261 / 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
2024 $4,082 $30,633 -- --
2023 $3,851 $29,174 $0 $0
2022 $3,870 $27,785 $0 $0
2021 $3,847 $25,201 $0 $0
2020 $3,730 $25,201 $0 $0
2019 $3,681 $29,478 $0 $0
2018 $3,601 $21,770 $0 $0
2017 $3,581 $21,770 $0 $0
2016 $3,457 $20,733 $0 $0
2015 $3,350 $19,746 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22309618

MLS of Southern Arizona

APN: 124-08-2270