NOT LISTED FOR SALE

Estimated Value: $518,000 - $631,000

8 Beds
3 Baths
2,809 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $440,000 $157 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,505/month

33 Days on Market

Highlights

  • City View
  • Breakfast Area or Nook
  • 1-Story Property
  • Contemporary Architecture
  • <<tubWithShowerToken>>
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Great opportunity to own an income property near the University of Arizona with two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. Carports and laundry hookups for each unit. The laminate floors makes for very easy cleaning and maintenance, and the full tile shower surround adds a comforting touch. Central air conditioning and heat provide year round comfort here in the Tucson desert. No showings until an offer has been accepted.

Last Agent to Sell the Property

Ben Riehle

Keller Williams Southern Arizona Listed on: 04/01/2021

Keller Williams Southern Arizona

Co-Listed By

Scott Autenreith

Keller Williams Southern Arizona

Last Buyer's Agent

Peter DeLuca

Realty Executives Southern AZ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 157x64
  • Chain Link Fence

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • <<tubWithShowerToken>>
  • 2,809 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Disposal

Parking

  • 6 Parking Spaces
  • Carport
  • Driveway

Location

  • Ground Level

Schools

  • Cragin Elementary School
  • Doolen Middle School
  • Tucson High School

Utilities

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

Listing and Financial Details

  • $2,737 special tax assessment

Community Details

Overview

  • Tucson Heights Amended Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $85
  • Insurance Expense $1,000
  • Professional Management Expense $3,219
  • Water Sewer Expense $1,952
  • Gross Income $38,760
  • Net Operating Income $29,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: TUCSON HEIGHTS AMENDED LOT 1 BLK 21
  • Attached Detached: Attached
  • List Price per Sq Ft: 159.84
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Floor Covering Other: wood
  • Window Coverings: Some
  • Gross Sq Ft: 2809.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Laundry Other: Community, outside
  • Living Areas: Living Room
  • Extra Room: None
  • Kitchen Features: Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Decorative Gravel
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • 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, 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 Gas Electric: 85.00
  • Expenses Taxes Assessments: 2737.00

Schools

  • School District: TUSD
  • Elementary School: Cragin
  • Middle School: Doolen
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Dimensions: 157x64
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 44.81
  • Lot Sq Ft: 10019.00
  • Lot Sz Sold Prc Sq Ft: 43.92
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1975

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: Tenant

Tax Info

  • Tax Code: 115-02-1200
  • Taxes: 2737.72
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Cragin
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Caleb Tennenbaum
Bought by
Biotic Capital Llc
Current Estimated Value
$592,103

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 7, 2021
Sold by
Wykert Wade
Bought by
Tennenbaum Caleb
Seller's Agent
Ben Riehle
Keller Williams Southern Arizona
Buyer's Agent
Peter DeLuca
Realty Executives Southern AZ
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$330,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2017
Sold by
Rapport Kevin M
Bought by
Wykert Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,264
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
Salter Rubin and Salter Rosetta D
Bought by
Rapport Kevin M
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
Biotic Capital Llc -- Duffield Adamson & Helenbolt P
Biotic Capital Llc -- Duffield Adamson & Helenbolt P
Biotic Capital Llc -- Duffield Adamson & Helenbolt P
Biotic Capital Llc -- Duffield Adamson & Helenbolt P
Tennenbaum Caleb $440,000 First American Title
Wykert Wade $352,500 Catalina Title Agency
Wykert Wade $352,500 Catalina Title Agency
Rapport Kevin M $135,000 Longt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tennenbaum Caleb $330,000
Previous Owner Wykert Wade $173,264
Previous Owner Rapport Kevin M $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $440,000 0.0% $157 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $440,000 -- $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
2024 $2,824 $22,481 -- --
2023 $2,824 $21,410 -- --
2022 $2,840 $20,391 $0 $0
2021 $2,824 $18,495 $0 $0
2020 $2,738 $22,728 $0 $0
2019 $2,702 $22,537 $0 $0
2018 $2,642 $15,977 $0 $0
2017 $2,628 $15,977 $0 $0
2016 $2,567 $15,216 $0 $0
2015 $2,489 $14,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22108439

MLS of Southern Arizona

APN: 115-02-1200