NOT LISTED FOR SALE

Estimated Value: $292,000 - $558,443

-- Bed
-- Bath
1,937 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $320,000 $165 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,913/month

104 Days on Market

About This Home

As of August 2017

Beautiful historic triplex located just three blocks south of the U of A. This property is part of a portfolio offering and can be purchased separately or with a seven unit property located a few blocks away. See MLS #21711284. Large 1/4 acre lot, large floor plans with private setting, central AC, garages with excessive off street parking. The interior of the units are original 1940s amenities to include real wood floors, doors, bookshelves and all real wood beamed ceilings. Very low historical vacancy. Upgraded electrical panels, water and sewer supply lines,appliances and kitchens. very well maintained and managed by the current owner of 36 years. Package is attached. Owner will carry!

Last Agent to Sell the Property

David Walsh

Northpoint Asset Management Listed on: 04/25/2017

Last Buyer's Agent

Holly Butler

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150x75

Home Design

  • 1,937 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • $2,310 special tax assessment

Community Details

Overview

  • Drakes Addition Subdivision

Building Details

  • Insurance Expense $721
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,756
  • Gross Income $22,465
  • Net Operating Income $16,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: From Parcel:001010010 /Drakes Lots 10 11 & 12 Blk 23
  • List Price per Sq Ft: 167.79
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 715.00
  • Unit Info Average Monthly Rent Studios: 500.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1937.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1200.00
  • Expenses Taxes Assessments: 2310.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.26
  • Lot Dimensions: 150X75
  • Lot Size Price Sq Ft: 28.70
  • Lot Sq Ft: 11326.00
  • Lot Sz Sold Prc Sq Ft: 28.25
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 124-08-1800
  • Taxes: 2310.45
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Sold by
Woods Pamela M
Bought by
Kennard Hill & Woods Llc
Total Days on Market
104
Current Estimated Value
$481,611

Purchase Details

Listed on
Apr 25, 2017
Closed on
Aug 10, 2017
Sold by
Carabetta Vincent J and Carabetta Carol S
Bought by
Wood Pamela M
Seller's Agent
David Walsh
Northpoint Asset Management
Buyer's Agent
Holly Butler
Long Realty
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$192,000
Outstanding Balance
$162,108
Interest Rate
3.96%
Mortgage Type
Seller Take Back
Estimated Equity
$319,503
Source: Public Records

Range of Values:

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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
Kennard Hill & Woods Llc -- None Available
Wood Pamela M $320,000 Stewart Title & Tr Of Tucson
Wood Pamela M $320,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Pamela M $192,000
Closed Wood Pamela M $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $320,000 0.0% $165 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $320,000 -- $165 / 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 $2,622 $20,875 -- --
2023 $2,622 $19,881 -- --
2022 $2,637 $18,934 $0 $0
2021 $2,622 $17,174 $0 $0
2020 $2,542 $24,794 $0 $0
2019 $2,509 $24,776 $0 $0
2018 $2,454 $14,835 $0 $0
2017 $2,440 $14,835 $0 $0
2016 $2,383 $14,129 $0 $0
2015 $2,310 $13,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21711288

MLS of Southern Arizona

APN: 124-08-1800