NOT LISTED FOR SALE

2647 N Estrella Ave Tucson, AZ 85705

Keeling Neighborhood

Estimated Value: $381,000 - $545,000

5 Beds
3 Baths
2,300 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 21, 2022

Last sale price $350,000 $152 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,445/month

65 Days on Market

Highlights

  • Mountain View
  • Enclosed Patio or Porch
  • Double Pane Windows
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of August 2022

Solid and spacious 1971 brick triplex in Central Tucson with two, 2 bed 1 bath units and one, 1 bed 1 bath unit. The property has hard-to-find value adds including a three-car carport with additional off-street parking and storage units for tenants/guests, fenced-in private yards, laundry hookups inside the units, interior slump block party walls and central AC units (no leaky swamp coolers!). The property has recently undergone essential rehab work that includes brand-new double-pane vinyl windows throughout, a custom 6ft-tall rusted corten steel privacy fence, tree/landscaping clean-up, and general deep-cleaning of the interior/exterior of the units. There are several value adds that the next investor can make (esp. interiors) to maximize future rents, cap. rate and equity pos. ARV 450k+

Last Agent to Sell the Property

Alex Kairoff

Tierra Antigua Realty Listed on: 06/15/2022

Tierra Antigua Realty

Last Buyer's Agent

Alex Kairoff

Tierra Antigua Realty Listed on: 06/15/2022

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1971

Lot Details

  • 9,027 Sq Ft Lot
  • Lot Dimensions are 58' x 150'
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,300 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range

Parking

  • 3 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

  • Keeling Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Enclosed Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,488 special tax assessment

Community Details

Overview

  • Coronado Heights Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Gross Income $33,600
  • Net Operating Income $32,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,498

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: Coronado Heights N2 of E2 of Lot 4 Blk 44
  • Attached Detached: Detached
  • List Price per Sq Ft: 167.39
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 800.00
  • Unit Info Average Monthly Rent Two Bedroom: 1000.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows
  • Floor Covering Other: Laminate
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2300.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Laundry Other: Hookups
  • Living Areas: Family Room
  • Extra Room: None
  • Kitchen Features: Electric Range
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence Other: Corten Steel 6ft
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Enclosed
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 3

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: Paved Street, Sidewalks

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1488.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 58' x 150'
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 42.65
  • Lot Sq Ft: 9027.00
  • Lot Sz Sold Prc Sq Ft: 38.77
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1971

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: 107-13-188B
  • Taxes: 1497.91
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Keeling
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Conrad Casey Levi and Cervantes-Conrad Maribel
Bought by
Salazar Juan
Current Estimated Value
$441,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$319,843
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$121,728

Purchase Details

Closed on
May 18, 2023
Sold by
Conrad Casey Levi
Bought by
Conrad Casey Levi and Cervantes-Conrad Maribel

Purchase Details

Listed on
Nov 11, 2021
Closed on
Apr 12, 2022
Sold by
Est Family Limited Partnership
Bought by
Krause Enterprises Llc
Seller's Agent
Gary Roberts
Long Realty
Buyer's Agent
Alex Kairoff
Tierra Antigua Realty
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$257,250
Interest Rate
3.85%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Juan $450,000 Premier Title
Conrad Casey Levi -- Pioneer Title
Krause Enterprises Llc $260,000 Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Juan $325,000
Previous Owner Krause Enterprises Llc $257,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2022 08/21/22 Sold $350,000 -9.1% $152 / Sq Ft
06/15/2022 06/15/22 For Sale $385,000 +48.1% $167 / Sq Ft
04/26/2022 04/26/22 Sold $260,000 +4.0% $113 / Sq Ft View Prior Sale
11/11/2021 11/11/21 For Sale $250,000 -- $109 / 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 $1,445 $13,447 -- --
2024 $1,498 $12,806 -- --
2023 $1,498 $12,197 -- --
2022 $1,530 $11,616 $0 $0
2021 $1,498 $10,536 $0 $0
2020 $1,489 $10,611 $0 $0
2019 $1,450 $10,098 $0 $0
2018 $1,404 $9,101 $0 $0
2017 $1,379 $9,101 $0 $0
2016 $1,328 $8,668 $0 $0
2015 $1,287 $8,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alex Kairoff

    Tierra Antigua Realty

    (520) 576-8281

    4 in this area

    16 Total Sales

    Alex Kairoff
    Section Image
  • Gary Roberts

    Seller's Agent in 2022

    Gary Roberts

    Long Realty

    (520) 471-7600

    3 in this area

    351 Total Sales

    Gary Roberts
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Robert Norris Jr

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22215649

MLS of Southern Arizona

APN: 107-13-188B

Arizona Pima County Tucson 85705 Keeling

2647 N Estrella Ave, Tucson, AZ

Not Listed for Sale

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