NOT LISTED FOR SALE

1409 E Drachman St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $432,000 - $554,000

-- Bed
-- Bath
8,629 Sq Ft
$58/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $1,250,000 $145 Per Sq Ft

Current estimated payment $2,861/month

52 Days on Market

About This Home

As of February 2017

2 triplexes all 2 bedroom and 1 bath. and a 5 bedroom house surrounding a pool and inside a walled area. next to the UMC and a few blocks from the University of Arizona campus

Last Agent to Sell the Property

Jake Arnold

Keller Williams Southern Arizona Listed on: 12/22/2016

Last Buyer's Agent

Samantha Kalil

Omni Homes International

Omni Homes International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1952

Lot Details

  • 0.52 Acre Lot

Home Design

  • 8,629 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $7,426 special tax assessment

Community Details

Overview

  • Plumer & Steward Add 2 Subdivision

Building Details

  • Fuel Expense $651
  • Insurance Expense $3,961
  • Maintenance Expense $741
  • Professional Management Expense $10,106
  • Water Sewer Expense $6,240
  • Gross Income $108,432
  • Net Operating Income $67,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Plumer & Stewards NO 2 LOT 2 BLK 7; Plumer & Stewards NO 2 LOT 3 BLK 7; Plumer & Stewards NO 2 LOT 4 BLK 7
  • List Price per Sq Ft: 144.86
  • Unit Info Average Monthly Rent Two Bedroom: 917.00
  • Unit Info Avg Mo Rent Other: 2350.00
  • Unit Info Number Of Units2 B R: 6
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 8629.00

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 4243.65
  • Expenses Capital Expenses: 4413.99
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 651.35
  • Expenses Maintenance Supplies: 740.84
  • Expenses Other Expenses: 3308.63
  • Expenses Taxes Assessments: 7426.06

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.52
  • Lot Dimensions: 150x150 (3 lots of 50x150)
  • Lot Size Price Sq Ft: 55.56
  • Lot Sq Ft: 22500.00
  • Lot Sz Sold Prc Sq Ft: 55.56
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1952

Tax Info

  • Tax Code: 123-17-2030
  • Taxes: 2784.75
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Drachman 17 Llc
Bought by
Nido 2 Llc
Current Estimated Value
$498,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,500
Outstanding Balance
$1,195,231
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
-$696,564

Purchase Details

Listed on
Dec 22, 2016
Closed on
Feb 15, 2017
Sold by
Dandy Drachman Llc
Bought by
Drachman 17 Llc
Seller's Agent
Jake Arnold
Keller Williams Southern Arizona
Buyer's Agent
Samantha Kalil
Omni Homes International
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.02%
Original Mortgage
$1,000,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 2012
Sold by
Drachman Properties Llc
Bought by
Dandy Drachman Llc

Purchase Details

Closed on
Sep 19, 2011
Sold by
Peterman Amber
Bought by
Peterman Von

Purchase Details

Closed on
May 29, 2008
Sold by
Reidhead Jarrett W and Peterman Von
Bought by
Drachman Properties Llc

Purchase Details

Closed on
Oct 8, 2007
Sold by
Peterman Amber
Bought by
Peterman Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Moore Apts Llc
Bought by
Reidhead Jarrett W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Reidhead Amy L
Bought by
Reidhead Jarrett W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2001
Sold by
Hadden Constance Joy
Bought by
Clement Clement G

Purchase Details

Closed on
Mar 28, 2001
Sold by
Moore Sallie
Bought by
Moore Clement G
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
Nido 2 Llc $1,774,000 Fidelity National Title
Drachman 17 Llc $1,250,000 Fidelity Natl Title Agency I
Drachman 17 Llc $1,250,000 Fidelity Natl Title Agency I
Dandy Drachman Llc $950,000 First American Title Ins Co
Peterman Von -- Tstti
Drachman Properties Llc -- None Available
Peterman Von -- Tfati
Reidhead Jarrett W $305,000 Tfati
Reidhead Jarrett W $305,000 Tfati
Reidhead Jarrett W -- Tfati
Moore Apts Llc -- First American Title
Moore Apts Llc -- First American Title
Clement Clement G $128,500 Title Security
Moore Clement G -- Title Security
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nido 2 Llc $1,235,500
Previous Owner Drachman 17 Llc $1,000,000
Previous Owner Reidhead Jarrett W $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2017 02/16/17 Sold $1,250,000 0.0% $145 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/22/2016 12/22/16 For Sale $1,250,000 0.0% $145 / Sq Ft
08/01/2014 08/01/14 Rented $895 0.0% --
07/02/2014 07/02/14 Under Contract -- -- --
06/26/2014 06/26/14 For Rent $895 -- --
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 $2,840 $23,739 -- --
2024 $2,840 $22,609 -- --
2023 $2,840 $21,532 -- --
2022 $2,856 $20,507 $0 $0
2021 $2,840 $18,600 $0 $0
2020 $2,753 $18,828 $0 $0
2019 $2,717 $17,715 $0 $0
2018 $2,736 $16,540 $0 $0
2017 $2,720 $16,540 $0 $0
2016 $2,785 $16,540 $0 $0
2015 $2,703 $15,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jake Arnold

    Keller Williams Southern Arizona

  • Samantha Kalil

    Buyer's Agent in 2017

    Samantha Kalil

    Omni Homes International

    (520) 333-4942

    15 Total Sales

    Samantha Kalil
    Section Image

  • t

    Buyer's Agent in 2017

    tar.rets.37742

    tar.rets.RETS_OFFICE

  • Y

    Seller's Agent in 2014

    Yishi Garrard

    Habitation Realty ERA Powered

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Map

Source: MLS of Southern Arizona

MLS Number: 21700513

MLS of Southern Arizona

APN: 123-17-2030

Arizona Pima County Tucson 85719 North University

1409 E Drachman St, Tucson, AZ

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