NOT LISTED FOR SALE

Estimated Value: $377,883 - $418,000

2 Beds
2 Baths
1,071 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $227,000 $212 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,243/month

144 Days on Market

Highlights

  • The property is located in a historic district
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Wood Flooring
  • Separate Outdoor Workshop
  • 4-minute walk to Catalina Park

About This Home

As of October 2019

Charming historic 1924-built stuccoed brick West University bunglow duplex with 2 street addresses 225 and 227 (one parcel number and title). Separately metered for gas and electric. Each unit is 536 SQFT. 1 bedroom 1 bath; living room, dining room and eat-in. Both homes feature wooden floors, fireplace, fenced yards with street parking, New paint and New window coverings. Both units are currently leased and always on high demand (0 vacancy for over 20 years) due to close proximity to UofA campus, downtown and community college. Don't miss your chance to purchase this outstanding investment property. No showings until accepted offer

Last Agent to Sell the Property

Jason Tadeo

Realty Executives Arizona Territory Listed on: 05/23/2019

Co-Listed By

Tanner Herbert

Realty Executives Arizona Territory

Last Buyer's Agent

Hadley Castaneda

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1924

Lot Details

  • 5,544 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Duplex
  • Bungalow
  • Built-Up Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 1,071 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Window Bars

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Parking

  • No Driveway
  • On-Street Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

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

Listing and Financial Details

  • $1,903 special tax assessment

Community Details

Overview

  • C.O.T. Blk. 243 Resub Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $566
  • Water Sewer Expense $1,200
  • Gross Income $14,400
  • Net Operating Income $10,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,903

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: TUCSON W66.8' OF LOT 20 & W66.8' OF S 1/2 OF LOT 17 BLK 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 226.89
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Number Of Units1 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Wood
  • Gross Sq Ft: 1071.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Nook
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Slump Block, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: Shed, Workshop

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Evaporative Cooling, Zoned
  • Main Heating: Forced Air, Natural Gas
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Historic, Paved Street, Sidewalks, Street Lights

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1903.33

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.13
  • Lot Dimensions: Irregular
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 43.83
  • Lot Sq Ft: 5544.00
  • Lot Sz Sold Prc Sq Ft: 40.95
  • Municipality Zoning: Tucson - HR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1924

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: Owner

Tax Info

  • Tax Code: 117-02-1110
  • Taxes: 1903.33
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Oct 1, 2019
Sold by
Hensley James R
Bought by
Martin Todd and Martin Sherry
Seller's Agent
Jason Tadeo
Realty Executives Arizona Territory
Buyer's Agent
Hadley Castaneda
Tierra Antigua Realty
List Price
$227,000
Sold Price
$227,000
Current Estimated Value
$397,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,471
Avg. Annual Appreciation
9.41%
Original Mortgage
$170,250
Outstanding Balance
$149,148
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$248,323

Purchase Details

Closed on
Feb 9, 2018
Sold by
Holly Pruszynski
Bought by
Humphrey Kathleen and Evans Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.32%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Bustamante Rudolph
Bought by
Hensley James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Todd $227,000 Fidelity Natl Ttl Agcy Inc
Humphrey Kathleen $205,000 --
Hensley James R $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Todd $170,250
Previous Owner Humphrey Kathleen $164,000
Previous Owner Humphrey Kathleen --
Previous Owner Hensley James R $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $227,000 0.0% $212 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $227,000 -- $212 / 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
2025 $1,984 $17,002 -- --
2024 $2,157 $16,192 -- --
2023 $2,036 $15,421 $0 $0
2022 $2,046 $14,687 $0 $0
2021 $2,034 $13,321 $0 $0
2020 $1,972 $19,372 $0 $0
2019 $1,946 $17,190 $0 $0
2018 $1,903 $11,507 $0 $0
2017 $1,893 $11,507 $0 $0
2016 $1,847 $10,959 $0 $0
2015 $1,771 $10,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21913871

MLS of Southern Arizona

APN: 117-02-1110