NOT LISTED FOR SALE

Estimated Value: $375,000 - $740,000

7 Beds
5 Baths
3,584 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $480,000 $134 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,341/month

41 Days on Market

Highlights

  • RV Parking in Community
  • Mountain View
  • Covered patio or porch
  • 0.39 Acre Lot
  • Modern Architecture
  • Breakfast Area or Nook

About This Home

As of August 2021

Spacious 2 bed, 1 bath units. AC, Laundry hook-ups in each unit. All units metered separately for Gas, Electric and Water. All units leased. 2 parking spots for each unit.Most of the expenses the past year were for non-recurring items like installation of doorbells, dryer outlets, washer plumbing, exterior motion lights, ceiling fans and fire extinguishers. All units

Last Agent to Sell the Property

Penny Gebhart

Realty Executives Arizona Territory Listed on: 07/09/2021

Realty Executives Arizona Territory

Last Buyer's Agent

Luis Espinoza

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1971

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 125 x 137.50 x 119 x 137.50
  • Wood Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Front Yard

Home Design

  • Quadruplex
  • Modern Architecture
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 3,584 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Window Bars
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Driveway

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Location

  • Ground Level
  • Upper Level

Schools

  • Blenman Elementary School
  • Mansfeld Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $2,074 special tax assessment

Community Details

Overview

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

Building Details

  • Insurance Expense $1,774
  • Gross Income $33,060
  • Net Operating Income $20,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1971

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: ALMARTIN E6' LOT 3 & ALL OF LOT 4 BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 132.53
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 3584.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Laundry Other: Not included in 3218
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care, Shrubs
  • Landscape Rear: Trees
  • Landscape Rear Other: BBQ Area
  • Patio Deck: Balcony, Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: BBQ

Garage/Parking

  • Driveway: To Property Line
  • Rv Parking: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: Security Lights, Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 560.00
  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 8100.57
  • Expenses Taxes Assessments: 2073.99

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.39
  • Lot Dimensions: 125 x 137.50 x 119 x 137.50
  • Lot Features: North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 28.32
  • Lot Sq Ft: 16775.00
  • Lot Sz Sold Prc Sq Ft: 28.61
  • 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 Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 111-07-211A
  • Taxes: 2073.99
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Osterkorn John R and Osterkorn Jacqueline
Bought by
Mclain James R
Total Days on Market
41
Current Estimated Value
$563,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.3%
Mortgage Type
Commercial
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
  • 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
  • 3871 E Glenn St, Tucson, AZ 85716

    $439,900

    • 5 Beds
    • 4 Baths
    • 2,327 Sq Ft
    • 3871 E Glenn St
    • Tucson, AZ

    Amazing opportunity with great tenants and great rental history! Centrally located, recently remodeld, Tri-Plex. Great opportunity for renting 2, 2 bedroom units and 1, 1 bedroom unit with kitchen and den. Plenty of parking; each unit has its own carport. A historical money maker could be used as an owner occupied property, Short and Long Term Rental opportunities. MOTIVATED SELLER! A must see to

    Dan Grammar Realty Executives Arizona Territory

    Section Image
  • 2009 N Rosemary Dr, Tucson, AZ 85716

    $510,000

    • 5 Beds
    • 4 Baths
    • 2,197 Sq Ft
    • 2009 N Rosemary Dr
    • Tucson, AZ

    Big opportunity to own 3 houses on one lot. A 3 bed 2 bath house and TWO 1-bed 1-bath houses. Live in one and rent out the other two, or rent out all 3. Lots of land with tons of space .39 acres. Each home is separately fenced with its own yard and separately metered as well. Both of the 1-bed houses are rented with long-term tenants in place. Both are rented for $1,100 with a 2-year lease on one

    Bryan Harris NextHome Complete Realty (DBA)

    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
  • 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
  • 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
Mclain James R $374,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclain James R $248,000
Closed Mclain James R $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $480,000 0.0% $134 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $480,000 -- $134 / 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 $2,139 $17,031 -- --
2023 $2,139 $16,220 -- --
2022 $2,152 $15,448 $0 $0
2021 $2,139 $14,011 $0 $0
2020 $2,074 $22,456 $0 $0
2019 $2,047 $22,439 $0 $0
2018 $2,002 $12,104 $0 $0
2017 $1,991 $12,104 $0 $0
2016 $1,958 $11,527 $0 $0
2015 $1,903 $10,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22117767

MLS of Southern Arizona

APN: 111-07-211A