NOT LISTED FOR SALE

Estimated Value: $404,258 - $499,000

6 Beds
3 Baths
2,908 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $415,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,647/month

50 Days on Market

Highlights

  • Mountain View
  • Arizona Room
  • Eat-In Kitchen
  • Ranch Style House
  • Corner Lot
  • Living Room

About This Home

As of September 2021

Seller will accept or counter offers between $400,000-415,000. GREAT INVESTMENT OPPORTUNITY 7 minute drive OR 15 minute Bike Ride to UofA campus. Fully rented Tri-Plex with 1 unit (#1532) going on month-to-month 8/31/21 so you can move into one unit and have the other two cover your mortgage. Rent could also be increased on unit 1532 if you wish to rent all three. Three 2bed/1 bath units with laundry hook-ups in each unit. Previous rental listings contain interior photos. Seller has not lived in/on the property since March 2019.

Last Agent to Sell the Property

Rebecca Crane

Realty Executives Arizona Territory Listed on: 08/02/2021

Last Buyer's Agent

Pam Treece

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1970

Lot Details

  • 9,000 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Ranch Style House
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2,908 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Arizona Room
  • Ground Level

Listing and Financial Details

  • $2,225 special tax assessment

Community Details

Overview

  • Speedway Addition No. 1 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,200
  • Professional Management Expense $3,180
  • Gross Income $31,800
  • Net Operating Income $25,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: SPEEDWAY NO 1 W60' N2 LOT 4 BLK 11
  • Attached Detached: Attached
  • List Price per Sq Ft: 137.55
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2908.00
  • Bathroom Features: None
  • Breakfast: Eat-In, None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: Arizona Room
  • Kitchen Features: Dishwasher, Electric Range, Gas Range
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 2

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air, Evaporative Cooling
  • 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: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2224.69

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 44.44
  • Lot Sq Ft: 9000.00
  • Lot Sz Sold Prc Sq Ft: 46.11
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1970

Rental Info

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

Tax Info

  • Tax Code: 122-13-1770
  • Taxes: 2224.69
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 31, 2021
Sold by
Pena and Alyanna
Bought by
Rivera Family Trust
Seller's Agent
Rebecca Crane
Realty Executives Arizona Territory
Buyer's Agent
Pam Treece
Long Realty
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$463,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,315
Avg. Annual Appreciation
2.80%
Original Mortgage
$311,250
Outstanding Balance
$283,831
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,484

Purchase Details

Listed on
Jul 5, 2018
Closed on
Jul 24, 2018
Sold by
Mccomack Cody S and Mccomack Angelin P
Bought by
Pena Eric and Sardillo Alyanna
Seller's Agent
Tyler Ford
eXp Realty
Buyer's Agent
Rebecca Crane Ortiz
Keller Williams Southern Arizona
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$250,267
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Jan 16, 2015
Closed on
Mar 12, 2015
Sold by
Beach Bradford A
Bought by
Mccormack Cody S and Mccormack Angelin P
Seller's Agent
Rana McGoldrick
Long Realty Company
Buyer's Agent
Jeffrey Armbruster
Century 21 1st American
List Price
$192,000
Sold Price
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$196,128
Interest Rate
3.61%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 2004
Sold by
Spencer Margie Lee
Bought by
Beach Bradford A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rivera Family Trust -- Signature Title Agency
Rivera Family Trust -- Signature Title Agency
Pena Eric $245,000 Fidelity National Title Agen
Mccormack Cody S $192,000 Title Security Agency Llc
Beach Bradford A $220,000 --
Beach Bradford A $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Family Trust $311,250
Closed Rivera Family Trust $311,250
Previous Owner Pena Eric $250,267
Previous Owner Mccormack Cody S $196,128
Previous Owner Beach Bradford A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $415,000 0.0% $143 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $415,000 0.0% $143 / Sq Ft
06/08/2020 06/08/20 Rented $925 0.0% --
06/08/2020 06/08/20 For Rent $925 0.0% --
07/31/2018 07/31/18 Sold $245,000 0.0% $91 / Sq Ft
07/05/2018 07/05/18 For Sale $245,000 +27.6% $91 / Sq Ft
03/13/2015 03/13/15 Sold $192,000 0.0% $73 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $192,000 0.0% $73 / Sq Ft
11/22/2013 11/22/13 Rented $675 0.0% --
10/23/2013 10/23/13 Under Contract -- -- --
10/16/2013 10/16/13 For Rent $675 -3.6% --
05/03/2013 05/03/13 Rented $700 0.0% --
04/03/2013 04/03/13 Under Contract -- -- --
04/02/2013 04/02/13 For Rent $700 -- --
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 $2,294 $19,181 -- --
2024 $2,294 $18,268 -- --
2023 $2,294 $17,398 -- --
2022 $2,308 $16,569 $0 $0
2021 $2,294 $15,029 $0 $0
2020 $2,225 $17,702 $0 $0
2019 $2,087 $17,702 $0 $0
2018 $1,991 $14,309 $0 $0
2017 $2,170 $14,309 $0 $0
2016 $2,302 $13,628 $0 $0
2015 $2,202 $12,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22119853

MLS of Southern Arizona

APN: 122-13-1770