NOT LISTED FOR SALE

Estimated Value: $454,000 - $462,000

6 Beds
3 Baths
3,000 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $384,000 $128 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,719/month

13 Days on Market

Highlights

  • 0.44 Acre Lot
  • Santa Fe Architecture
  • Double Pane Windows
  • Mountain View
  • Family Room Off Kitchen
  • Breakfast Bar

About This Home

As of April 2022

Investor opportunity: straw bale duplex, plus bungalow. Each unit is 1000 sq. ft w/2br/1 bath/ac/fag. Room for 2 more units on this lot! Do not disturb tenants! Plenty of room for parking. Property can be viewed upon acceptance of purchase contract and 48 hours notice. Nice midtown location and convenient to the U of A. Nicely maintained and good rental history.

Last Agent to Sell the Property

Lisa Soares

Long Realty Brokerage Email: tucsonls@msn.com Listed on: 03/18/2022

Long Realty

Co-Listed By

Madeline Friedman

Long Realty Brokerage Email: tucsonls@msn.com

Last Buyer's Agent

Don Vallee

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1959

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 99x188x99x189
  • Chain Link Fence
  • Back Yard

Home Design

  • Triplex
  • Santa Fe Architecture
  • Bungalow
  • Frame Construction
  • Built-Up Roof
  • Rammed Earth

Interior Spaces

  • Bathtub with Shower
  • 3,000 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Mountain Views
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Carpet
  • Concrete

Parking

  • Gravel Driveway
  • On-Site Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available

Additional Features

  • North or South Exposure
  • Shed
  • Ground Level

Listing and Financial Details

  • $2,425 special tax assessment

Community Details

Overview

  • Madelyn Park Subdivision

Building Details

  • Insurance Expense $2,300
  • Gross Income $24,600
  • Net Operating Income $19,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,425

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Bungalow, Santa Fe
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: Madelyn Park Lot 6 Blk 3
  • Attached Detached: Attached
  • List Price per Sq Ft: 133.00
  • Subdivision Restrict C C And Rs: No
  • Attribution Contact: tucsonls@msn.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Fire Sprinklers
  • Window Coverings: None
  • Floor Covering: Carpet, Concrete, Indoor/Outdoor
  • Gross Sq Ft: 3000.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Bar
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Off Kitchen
  • Laundry: Laundry Closet, Laundry Room
  • Extra Room: None
  • Kitchen Features: Double Sink, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame, Rammed Earth, Strawbale
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: None
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Shed

Garage/Parking

  • R V Parking Other: Space

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: Sidewalks

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2425.00

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: 0.44
  • Lot Dimensions: 99x188x99x189
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 21.01
  • Lot Sq Ft: 18992.00
  • Lot Sz Sold Prc Sq Ft: 20.22
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1959

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: 122-03-0370
  • Taxes: 2424.91
  • Tax Year: 2021
  • 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
Mar 18, 2022
Closed on
Apr 1, 2022
Sold by
Mckendrick and Dolora
Bought by
Parsons Wilbur R and Parsons Ernestina
Seller's Agent
Lisa Soares
Long Realty
Buyer's Agent
Don Vallee
Long Realty
List Price
$399,000
Sold Price
$384,000
Premium/Discount to List
-$15,000
-3.76%
Current Estimated Value
$457,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,483
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jun 26, 2001
Sold by
Wenger Sharon
Bought by
Harger Michael Roland

Purchase Details

Closed on
Apr 6, 1998
Sold by
Roland Tisa Dene
Bought by
Harger Michael Roland and Wenger Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1997
Sold by
Holland Bradley P
Bought by
Spellvin I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1996
Sold by
Roland Tisa Dene
Bought by
Harger Michael Roland and Harger Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1996
Sold by
Wilkinson William E
Bought by
Wenger Sharon and Harger Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.84%
Mortgage Type
Commercial
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
Parsons Wilbur R $384,000 Fidelity National Title
Parsons Wilbur R $384,000 Fidelity National Title
Harger Michael Roland -- --
Harger Michael Roland -- Chicago Title Insurance Co
Spellvin I Inc -- --
Harger Michael Roland -- --
Harger Michael R -- Lawyers Title Of Arizona Inc
Beal Claudia A -- Lawyers Title Of Arizona Inc
Wenger Sharon $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckendrick Michael $130,000
Previous Owner Mckendrick Michael $156,000
Previous Owner Harger Michael Roland $108,000
Previous Owner Spellvin I Inc $100,000
Previous Owner Wenger Sharon $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $384,000 -3.8% $128 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $399,000 -- $133 / 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 $2,573 $19,307 -- --
2023 $2,427 $18,387 $0 $0
2022 $2,439 $17,512 $0 $0
2021 $2,425 $15,883 $0 $0
2020 $2,351 $20,209 $0 $0
2019 $2,320 $17,235 $0 $0
2018 $2,269 $13,721 $0 $0
2017 $1,822 $13,721 $0 $0
2016 $2,092 $13,067 $0 $0
2015 $2,032 $12,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22207025

MLS of Southern Arizona

APN: 122-03-0370