NOT LISTED FOR SALE

Estimated Value: $433,000 - $482,099

6 Beds
6 Baths
3,360 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $375,000 $112 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,699/month

23 Days on Market

Highlights

  • RV Parking in Community
  • Contemporary Architecture
  • Bathtub with Shower
  • Deck
  • Breakfast Area or Nook
  • Living Room

About This Home

As of October 2022

Calling all investors! Tri-plex that is fully occupied. All units are a spacious 2 bed 1 and 1/2 bath with laundry hookups, and fenced yards! Extra onsite parking available. Convenient location close to shopping, U of A, I-10, downtown, and bus lines. Tenants pay all utilities, except for water, sewer, and trash. Units always rented. Don't miss this opportunity! PLEASE DO NOT DISTURB TENANTS. ALL UNITS OCCUPIED. The MLS Photos are from 2021 and actual condition of the property may differ.

Last Agent to Sell the Property

Angela Kuzma

Keller Williams Southern Arizona Listed on: 10/05/2022

Keller Williams Southern Arizona

Co-Listed By

Carmen Calvillo

Keller Williams Southern Arizona

Last Buyer's Agent

Noreen Olsen

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1985

Lot Details

  • 9,424 Sq Ft Lot
  • East or West Exposure
  • Wood Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Shingle Roof
  • Siding

Interior Spaces

  • Bathtub with Shower
  • 3,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Carport
  • Gravel Driveway

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • $1,759 special tax assessment

Community Details

Overview

  • Towner Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Maintenance Expense $925
  • Water Sewer Expense $2,448
  • Gross Income $38,406
  • Net Operating Income $33,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Pre-Wired Tele Lines
  • Accessibility Options: None
  • Legal Description: TOWNER ALL LOT 14 EXC N15' & EXC N59' E94.5' &EXC N8' W71.5' E166' THEREOF
  • Attached Detached: Attached
  • List Price per Sq Ft: 117.56
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3360.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Kitchen Features Countertops: Laminate
  • Living Areas: Living Room
  • Laundry: In Kitchen, Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator

Exterior Features

  • Construction Siding: Yes
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: TBD
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Deck
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: None
  • Gas Company: None
  • Main Cooling: Evaporative Cooling, Heat Pump
  • Main Heating: Electric, Forced Air
  • 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 Contract Services: 218.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 925.00
  • Expenses Taxes Assessments: 1759.22

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: 0.22
  • Lot Dimensions: Irregular
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 41.91
  • Lot Sq Ft: 9424.00
  • Lot Sz Sold Prc Sq Ft: 39.79
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1985

Rental Info

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

Tax Info

  • Tax Code: 122-05-015A
  • Taxes: 1759.22
  • 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
Oct 5, 2022
Closed on
Oct 26, 2022
Sold by
Korsgaard Matt G
Bought by
Orcutt Family Trust
Seller's Agent
Angela Kuzma
Keller Williams Southern Arizona
Buyer's Agent
Noreen Olsen
eXp Realty
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Total Days on Market
23
Current Estimated Value
$456,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,275
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jul 27, 2009
Sold by
Shedd Eric
Bought by
Korsgaard Matt G and Baines Geoff J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
Snedden Group Ii Llc
Bought by
Shedd Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,129
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Orcutt Family Trust $375,000 Premier Title
Korsgaard Matt G $239,000 Tfnti
Shedd Eric $173,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baines Geoff J $157,500
Previous Owner Korsgaard Matt G $179,250
Previous Owner Shedd Eric $25,000
Previous Owner Shedd Eric $171,129
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $375,000 -5.1% $112 / Sq Ft
10/05/2022 10/05/22 For Sale $395,000 0.0% $118 / Sq Ft
05/13/2021 05/13/21 Rented $945 0.0% --
05/13/2021 05/13/21 For Rent $945 +35.0% --
08/10/2018 08/10/18 Rented $700 0.0% --
08/10/2018 08/10/18 For Rent $700 +3.7% --
02/01/2018 02/01/18 Rented $675 0.0% --
02/01/2018 02/01/18 For Rent $675 +3.8% --
11/14/2016 11/14/16 Rented $650 0.0% --
10/15/2016 10/15/16 Under Contract -- -- --
10/03/2016 10/03/16 For Rent $650 0.0% --
05/26/2015 05/26/15 Rented $650 0.0% --
04/26/2015 04/26/15 Under Contract -- -- --
03/11/2015 03/11/15 For Rent $650 -- --
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 $1,759 $14,007 -- --
2023 $1,759 $13,340 -- --
2022 $1,769 $12,704 $0 $0
2021 $1,759 $11,523 $0 $0
2020 $1,706 $20,818 $0 $0
2019 $1,683 $17,903 $0 $0
2018 $1,646 $9,954 $0 $0
2017 $1,637 $9,954 $0 $0
2016 $1,610 $9,480 $0 $0
2015 $1,562 $9,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22225849

MLS of Southern Arizona

APN: 122-05-015A