NOT LISTED FOR SALE

Estimated Value: $266,023 - $298,000

2 Beds
2 Baths
1,278 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $182,000 $142 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,570/month

33 Days on Market

Highlights

  • Den
  • Family Room Off Kitchen
  • Landscaped with Trees
  • Enclosed Patio or Porch
  • Bungalow
  • 1-Story Property

About This Home

As of October 2021

DO NOT DISTURB TENANTS, Drive by only, No sign on property.Must be purchased with contiguous parcels (111-07-047 A&C) See MLS 22122938 & 22122939Amazing opportunity to own total of 6 units for $610,000 This property has been lovingly maintained by an attentive owner and excellent property management. 5 units are 1 bed/1 bath and there is one studio. All but one lease are month to month making it simple to raise rents which are currently VERY low. 3 of the 1 bedrooms have dens that could easily convert to second bedrooms. Close to UofA, Banner, TMC, this is a MONEY MAKER! Easy to rent out, plenty of parking including 2 garages (2car and 3car) plus room for at least 4 uncovered off street parking spots. Laundry rooms on property. Indoor hookups in 2 of the units!!!

Last Agent to Sell the Property

Caroline Hansen

Engel & Völkers Tucson Listed on: 09/05/2021

Last Buyer's Agent

Johanna Haygood

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63x103
  • Block Wall Fence
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Duplex
  • Bungalow
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Laundry Located Outside

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • $1,399 special tax assessment

Community Details

Overview

  • Fruitvale Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $50
  • Insurance Expense $500
  • Professional Management Expense $1,560
  • Water Sewer Expense $955
  • Gross Income $16,800
  • Net Operating Income $12,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,399

Year Built

Built in 1950

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Fruitvale S1/3 W2 Lot 4 Blk 3
  • Attached Detached: Attached
  • List Price per Sq Ft: 152.58
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 650.00
  • Unit Info Number Of Units1 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: None
  • Floor Covering: Carpet, Vinyl
  • Gross Sq Ft: 1278.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Off Kitchen
  • Laundry: Outside
  • Extra Room: Den
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Stucco Finish
  • Fence Other: Metal
  • Landscape Front: Low Care, Shrubs, Trees
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Enclosed, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 2

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Wall Unit(s)
  • Main Heating: Baseboard
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None, Paved Street

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 50.00
  • Expenses Other Expenses: 100.00
  • Expenses Taxes Assessments: 1399.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: 63x103
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 31.98
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 29.85
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1950

Rental Info

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

Tax Info

  • Tax Code: 111-07-047B
  • Taxes: 1399.00
  • 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

Closed on
May 6, 2022
Sold by
Josephine Papaleo
Bought by
Jj Papaleo Properties Llc
Current Estimated Value
$280,006

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 14, 2021
Sold by
Walters Peter Russell
Bought by
Papaleo Josephine
Seller's Agent
Caroline Hansen
Engel & Völkers Tucson
Buyer's Agent
Johanna Haygood
West USA Realty
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Jul 7, 2003
Sold by
Walters Peter Russell
Bought by
Walters Peter Russell
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
Jj Papaleo Properties Llc -- Jj Papaleo Properties Llc
Papaleo Josephine $182,000 Title Security Agency Llc
Papaleo Josephine $182,000 Title Security Agency Llc
Walters Peter Russell -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $182,000 0.0% $142 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $182,000 -- $142 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $1,547 $12,282 -- --
2025 $1,547 $11,697 -- --
2024 $1,400 $11,140 -- --
2023 $1,400 $10,610 $0 $0
2022 $1,407 $10,105 $0 $0
2021 $1,399 $9,165 $0 $0
2020 $1,357 $11,909 $0 $0
2019 $1,339 $10,425 $0 $0
2018 $1,309 $7,917 $0 $0
2017 $1,302 $7,917 $0 $0
2016 $1,370 $8,101 $0 $0
2015 $1,329 $7,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22122937

MLS of Southern Arizona

APN: 111-07-047B

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