NOT LISTED FOR SALE

2831 E Adams St Tucson, AZ 85716

Blenman-Elm Neighborhood

Estimated Value: $430,353 - $739,000

5 Beds
2 Baths
2,544 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $520,000 $204 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,354/month

57 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Bathtub with Shower
  • Ranch Style House
  • Breakfast Area or Nook
  • Patio

About This Home

As of March 2023

BLENMAN ELM Adorable wire cut red brick triplex. One 3 bd. 2 bath and two 1 bedroom apartments. This property has 3 car carport, storage units for each unit, and private yards, All rented by long-term tenants. All units are separately metered.

Last Agent to Sell the Property

Marni Allen

Tucson Property Executives Listed on: 07/12/2022

Last Buyer's Agent

Marni Allen

Tucson Property Executives Listed on: 07/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Back Yard

Home Design

  • Triplex
  • Ranch Style House
  • Split Level Home
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,544 Sq Ft Home
  • Partially Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • Carport
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $4,406 special tax assessment

Community Details

Overview

  • New Deal Acres Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,100
  • Water Sewer Expense $250
  • Gross Income $32,570
  • Net Operating Income $22,414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /New Deal Acres E75' Lot 4 Blk 20
  • Attached Detached: Attached
  • List Price per Sq Ft: 206.37
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 830.00
  • Unit Info Average Monthly Rent Three Bedroom: 1200.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2544.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: Storage
  • Kitchen Features: Gas Range
  • Interior Steps: No

Exterior Features

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

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 7

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: Tucson Electric
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Wall Unit(s)
  • 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: None

Fee Information

  • Expenses Admin Expenses: 3200.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1100.00
  • Expenses Taxes Assessments: 4405.92

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.27
  • Lot Dimensions: IRREGULAR
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 44.64
  • Lot Sq Ft: 11761.00
  • Lot Sz Sold Prc Sq Ft: 44.21
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1952

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: 123-03-0820
  • Taxes: 4405.92
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Mar 17, 2023
Sold by
Wallace Stewart W
Bought by
Margolis Properties Llc
Seller's Agent
Marni Allen
Tucson Property Executives
Buyer's Agent
Marni Allen
Tucson Property Executives
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
12
Current Estimated Value
$562,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,338
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 16, 2018
Sold by
Melzer Robert E and Melzer Margaret A
Bought by
Wallace Stewart W
Seller's Agent
Jade Bossert
Tierra Antigua Realty
Buyer's Agent
Marni Allen
Tucson Property Executives
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$228,750
Interest Rate
4.04%
Mortgage Type
New Conventional
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
Margolis Properties Llc $520,000 Fidelity National Title
Margolis Properties Llc $520,000 Fidelity National Title
Wallace Stewart W $305,000 Title Security Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Stewart W $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $520,000 -1.0% $204 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $525,000 +72.1% $206 / Sq Ft
03/05/2018 03/05/18 Sold $305,000 0.0% $120 / Sq Ft View Prior Sale
02/03/2018 02/03/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $305,000 -- $120 / 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 $4,863 $36,762 -- --
2024 $4,406 $35,011 -- --
2023 $4,406 $33,344 -- --
2022 $4,423 $31,756 $0 $0
2021 $4,406 $28,860 $0 $0
2020 $4,272 $31,072 $0 $0
2019 $4,216 $32,147 $0 $0
2018 $2,386 $14,350 $0 $0
2017 $2,372 $14,350 $0 $0
2016 $2,423 $14,350 $0 $0
2015 $2,330 $13,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marni Allen

    Seller's Agent in 2023

    Marni Allen

    Tucson Property Executives

    (520) 245-8489

    3 in this area

    85 Total Sales

    Marni Allen
    Section Image
  • Jade Bossert

    Seller's Agent in 2018

    Jade Bossert

    Tierra Antigua Realty

    (520) 318-5290

    56 Total Sales

    Jade Bossert
    Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22218248

MLS of Southern Arizona

APN: 123-03-0820

Arizona Pima County Tucson 85716 Blenman-Elm

2831 E Adams St, Tucson, AZ

Not Listed for Sale

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