NOT LISTED FOR SALE

3314 E Water St Tucson, AZ 85716

Doolen-Fruitvale Neighborhood

Estimated Value: $305,000 - $625,000

Studio
-- Bath
8,420 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2016

Last sale price $465,750 $55 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,510 / mo

203 Days on Market

About This Home

As of July 2016

Wonderful investment opportunity to own 5 Duplex's in one location(5 parcel's). Each Duplex is 1684 sqft. consisting of 2BR/1BA units with private yards, laundry hook-ups and fresh exterior paint. Most units have ceramic tile floors thru out. Conveniently located to everything( Uof A), Hospitals, downtown,etc...) We have 5 Duplex's each on their own lot/parcel #'s and would qualify for conforming 1-4 unit financing. Expenses currently at 72%, get expenses to a traditional 40% and this property would be operating at a 8% CAP without even raising rents!

Last Agent to Sell the Property

Rocco Racioppo

Keller Williams Southern Arizona Listed on: 12/11/2015

Co-Listed By

Rocco Racioppo

Keller Williams Southern Arizona

Last Buyer's Agent

Michelle Goldberg

Fort Lowell Realty & Property Management, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,177

Year Built

  • Built in 1983

Lot Details

  • 26,135 Sq Ft Lot

Home Design

  • 8,420 Sq Ft Home
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $7,177 special tax assessment

Community Details

Overview

  • Fruitvale Addition Subdivision

Building Details

  • Fuel Expense $782
  • Insurance Expense $2,700
  • Professional Management Expense $6,652
  • Water Sewer Expense $8,557
  • Gross Income $66,673
  • Net Operating Income $18,213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,177

Year Built

Built in 1983

Lot Details

0.6 Acres

Listing Details

  • Property Type: Multi Family
  • Legal Description: 5 separate legals at listing agents office.
  • List Price per Sq Ft: 59.37
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Number Of Units2 B R: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 8420.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 4934.49
  • Expenses Contract Services: 2185.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 781.65
  • Expenses Other Expenses: 15473.20
  • Expenses Taxes Assessments: 7177.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.60
  • Lot Dimensions: unknown
  • Lot Size Price Sq Ft: 19.13
  • Lot Sq Ft: 26135.00
  • Lot Sz Sold Prc Sq Ft: 17.82
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1983

Tax Info

  • Tax Code: 111-07-029B
  • Taxes: 7177.30
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jun 8, 2016
Sold by
Bought by
Seller's Agent
Rocco Racioppo
Keller Williams Southern Arizona
Buyer's Agent
Michelle Goldberg
Fort Lowell Realty & Property Management, Inc.
List Price
$465,750
Sold Price
$465,750
Current Estimated Value
$442,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,036
Avg. Annual Appreciation
-0.51%
Original Mortgage
$304,500
Outstanding Balance
$14,978
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$427,736

Purchase Details

Closed on
Feb 12, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$465,750 Catalina Title Agency
$75,755 Title Security Agency Of Az
-- Ttise
$75,755 Title Security Agency Of Az
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $304,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $465,750 0.0% $55 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $465,750 -- $55 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,479 $11,738 -- --
2025 $1,479 $11,179 -- --
2024 $1,337 $10,646 -- --
2023 $1,337 $10,139 -- --
2022 $1,345 $9,657 $0 $0
2021 $1,337 $8,759 $0 $0
2020 $1,297 $9,183 $0 $0
2019 $1,279 $8,342 $0 $0
2018 $1,314 $8,306 $0 $0
2017 $1,366 $8,306 $0 $0
2016 $1,405 $8,306 $0 $0
2015 $1,435 $8,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rocco Racioppo

    Seller Co-Listing Agent in 2016

    Rocco Racioppo

    Keller Williams Southern Arizona

    (520) 850-9200

    57 Total Sales

    Rocco Racioppo
    Section Image

  • M

    Buyer's Agent in 2016

    Michelle Goldberg

    Fort Lowell Realty & Property Management, Inc.

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Map

Source: MLS of Southern Arizona

MLS Number: 21533083

MLS of Southern Arizona

APN: 111-07-029B

Arizona Pima County Tucson 85716 Doolen-Fruitvale

3314 E Water St, Tucson, AZ

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MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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