NOT LISTED FOR SALE

Estimated Value: $507,000 - $576,000

8 Beds
4 Baths
3,108 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $395,500 $127 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,201/month

45 Days on Market

Highlights

  • Mountain View
  • Great Room
  • Balcony
  • Modern Architecture
  • Covered patio or porch
  • Bathtub with Shower

About This Home

As of May 2021

Don't miss this incredible opportunity to purchase a fully leased 4-plex in an ideal central Tucson location. Three of the units were recently renovated with new flooring, cabinets, appliances, windows, paint, fixtures and mini-split AC units. First-floor units include relaxing covered patios and second floor units feature views from spacious covered balconies. Stucco wall recently added for additional privacy.

Last Agent to Sell the Property

Jeffrey Ell

eXp Realty Listed on: 04/13/2021

eXp Realty

Last Buyer's Agent

Jeffrey Ell

eXp Realty Listed on: 04/13/2021

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Desert Landscape
  • Paved or Partially Paved Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Modern Architecture
  • Frame With Stucco
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 3,108 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Mountain Views
  • Laundry closet

Kitchen

  • Electric Range
  • Laminate Countertops

Parking

  • Driveway
  • On-Site Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Ground Level
  • Upper Level

Schools

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

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $1,876 special tax assessment

Community Details

Overview

  • Towner Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $350
  • Insurance Expense $800
  • Maintenance Expense $500
  • Professional Management Expense $3,410
  • Water Sewer Expense $3,627
  • Gross Income $30,040
  • Net Operating Income $19,477

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,877

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Modern
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: Towner Lot 19 Exc S60' E114'
  • Attached Detached: Attached
  • List Price per Sq Ft: 128.70
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 710.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Stay
  • Floor Covering: Vinyl
  • Gross Sq Ft: 3108.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Countertops: Laminated
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Chain Link, Slump Block, Wood
  • Landscape Front: Desert Plantings, Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Balcony, Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Cooling Other: Mini Split
  • Main Heating: Heat Pump, Natural Gas, Zoned
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 350.00
  • Expenses Maintenance Supplies: 500.00
  • Expenses Taxes Assessments: 1876.00

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: 0.28
  • Lot Dimensions: Irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 32.79
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 32.43
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1984

Rental Info

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

Tax Info

  • Tax Code: 122-05-021B
  • Taxes: 1876.51
  • 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

Closed on
Aug 16, 2024
Sold by
Wong Jennifer M
Bought by
Wong Jennifer M and Jennifer M Wong Trust
Total Days on Market
45
Current Estimated Value
$531,271

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 26, 2021
Sold by
2221 N Ralph Ave Llc
Bought by
Wong Jennifer
Seller's Agent
Jeffrey Ell
eXp Realty
Buyer's Agent
Jeffrey Ell
eXp Realty
List Price
$395,500
Sold Price
$395,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$313,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2014
Sold by
Singh Krishna Pal
Bought by
2221 N Ralph Ave Llc

Purchase Details

Closed on
Mar 6, 2008
Sold by
Ppa Properties I Llc
Bought by
Singh Krishna Pal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,625
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
Painter Craig and Painter Kathleen
Bought by
Ppa Properties I Llc

Purchase Details

Closed on
Mar 26, 2002
Sold by
Normis Steven M
Bought by
Painter Craig J and Painter Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • Unlisted Address

    $540,000

    • 8 Beds
    • 4 Baths
    • 2,736 Sq Ft

    Prime Investment Opportunity in Central Tucson! All units rented! Seize this exceptional chance to own a two-story, 4-plex in a central Tucson location! Each spacious 2-bedroom, 1-bath unit offers a comfortable layout, featuring generous living areas and a cozy fireplace--a rare find that adds charm and value. With three units already occupied and the fourth recently updated with new flooring and

    Lora Mwaniki-Lyman Keller Williams Realty East Va

    Section Image
  • 2123 N Madelyn Ave, Tucson, AZ 85712

    $549,900

    • 6 Beds
    • 6 Baths
    • 3,360 Sq Ft
    • 2123 N Madelyn Ave
    • Tucson, AZ

    Discover this incredible income-producing triplex in the heart of midtown! Offering 3-well maintained, occupied & income producing units in a highly desirable location. This property is perfect for investors seeking strong rental income and long-term appreciation.

    Julie Miller Morado Canyon Realty

    Section Image
  • 2544 N Columbus Blvd, Tucson, AZ 85712

    $450,000

    • 6 Beds
    • 3 Baths
    • 2,303 Sq Ft
    • 2544 N Columbus Blvd
    • Tucson, AZ

    Range Priced $450,000 to $465,000 Come and see this great little Duplex, well cared for and updated. A great investment property for income. Also a great investment property for a budding investor. Live in one side and rent the other out. Properties have separate water meters, electric meters and Columbus has gas service. 4302 Flower will be shown after contract acceptance. Columbus

    James Leonard My Home Group

    Section Image
  • 2753 N Fair Oaks Ave, Tucson, AZ 85712

    $542,120

    • 6 Beds
    • 4 Baths
    • 2,496 Sq Ft
    • 2753 N Fair Oaks Ave
    • Tucson, AZ

    Discover an exceptional investment opportunity or ideal owner-occupant property in this exceptionally well-maintained 4-Plex! This versatile building features two spacious 2-bedroom/1-bathroom units and two comfortable 1-bedroom/1-bathroom units. Enjoy peace of mind with a newer roof and updated AC units installed in 2018, ensuring long-term durability.One unit is a fully renovated, central

    Melody Stevens Arizona Sunshine Realty

    Section Image
  • 2702 N Dodge Blvd, Tucson, AZ 85716

    $474,000

    • 7 Beds
    • 4 Baths
    • 2,424 Sq Ft
    • 2702 N Dodge Blvd
    • Tucson, AZ

    Charming Midtown Triplex with Modern Upgrades - This well-maintained triplex offers three remodeled units, each with its own private entrance and fully fenced yard, providing privacy and comfort. Featuring a brand-new roof the property is ready for modern living. Whether you're an investor or looking for a multi-family generational home, this triplex combines convenience with style and function

    Esther Empens Tierra Antigua Realty

    Section Image
  • 6219 E Rosewood St, Tucson, AZ 85711

    $465,000

    • 6 Beds
    • 4 Baths
    • 2,255 Sq Ft
    • 6219 E Rosewood St
    • Tucson, AZ

    Incredible cash flow opportunity! This 6-bedroom property generates $4,500/month in gross rents with an assumable 2.99% solar loan, keeping monthly expenses low. Designed for maximum rental potential, the home features a private guest quarters with a walk-in closet and bath--ideal for tenants or short-term rentals. The spacious great room, updated kitchen with granite counters, and large backyard

    Richard Jacome eXp Realty

    Section Image
  • 2931 N Mitch Dr, Tucson, AZ 85719

    $465,000

    • 7 Beds
    • 4 Baths
    • 2,505 Sq Ft
    • 2931 N Mitch Dr
    • Tucson, AZ

    Two Homes on One Lot - Investment or Multi-Generational Living Opportunity Near UofA Campus! Perfectly situated at the end of a quiet cul-de-sac on a .2 acre lot. The front home is 3 Br, 2 Ba, 1231 sqft with a private gated court yard entry and gated driveway, built in 1955. The rear home was built in 2007 with 4 Br, 2 Ba, 1274 sq ft, private driveway, open floor plan, polished concrete floors.

    Tim Harris Long Realty

    Section Image
  • 831 E Hedrick Dr, Tucson, AZ 85719

    $650,000

    • 8 Beds
    • 5 Baths
    • 2,772 Sq Ft
    • 831 E Hedrick Dr
    • Tucson, AZ

    Price Reduction!! Three homes on one lot, for rentals or a family compound, or a mixture! Front house has 4 bedrooms, 2 baths, built in 1955. Second house has 3 bedrooms 2 baths,built in 1994. Back house has 1 bedroom, 1 bath, built in 1955. There is also a laundry building with coin operated washer dryer. Homes have been remodeled in recent years. Granite counter tops, tile floors. Shade

    Penny Gebhart Realty Executives Arizona Territory

    Section Image
  • 627 E Jacinto St, Tucson, AZ 85705

    $555,720

    • 6 Beds
    • 4 Baths
    • 2,598 Sq Ft
    • 627 E Jacinto St
    • Tucson, AZ

    Seize an exceptional investment opportunity with this meticulously maintained 4-Plex, a true gem for both long-term and short-term rental strategies! This property features an ideal mix of two spacious 2-bedroom/1-bath and two comfortable 1-bedroom/1-bath apartments.Three of the four units are proven Airbnbs, offering immediate income potential. The remaining unit, a long-term rental, is under

    Melody Stevens Arizona Sunshine Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wong Jennifer M -- None Listed On Document
Wong Jennifer -- Fidelity National Title
2221 N Ralph Ave Llc -- None Available
2221 N Ralph Ave Llc -- None Available
Singh Krishna Pal $260,000 Tfnti
Ppa Properties I Llc -- --
Painter Craig J $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Jennifer $313,500
Previous Owner Wong Jennifer $313,500
Previous Owner Singh Krishna Pal $169,600
Previous Owner Singh Krisha P $70,000
Previous Owner Singh Krishna Pal $180,625
Previous Owner Painter Craig J $189,600
Previous Owner Painter Craig J $47,400
Previous Owner Painter Craig J $160,500
Previous Owner Painter Craig J $155,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $395,500 0.0% $127 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $395,500 -- $127 / 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 $2,760 $23,531 -- --
2023 $1,947 $14,675 $0 $0
2022 $1,947 $13,976 $0 $0
2021 $1,935 $12,677 $0 $0
2020 $1,877 $20,754 $0 $0
2019 $1,852 $17,146 $0 $0
2018 $1,811 $10,951 $0 $0
2017 $1,801 $10,951 $0 $0
2016 $1,775 $10,429 $0 $0
2015 $1,685 $9,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22109542

MLS of Southern Arizona

APN: 122-05-021B