NOT LISTED FOR SALE

3315 E Benson Hwy Tucson, AZ 85706

Mortimore Neighborhood
Studio
-- Bath
11,245 Sq Ft
1.76 Acres

Last Sold February 15, 2017

Last sale price $374,000 $33 Per Sq Ft

222 Days on Market

Highlights

  • 1.76 Acre Lot
  • Finished Attic
  • Central Air

About This Home

As of February 2017

Great opportunity for ambitious Buyer. 15 studios with kitchens and bathrooms and 10 one room motel rooms each with a bathroom. Plus 2 BD house + 2400 square foot 3 bd. 2 ba. living quarters/office. Studios currently rented for $209.00 weekly. 6 motel rooms that probably could be turned into 3 apartments. Potential of 18 studio apartment units. Market rent for studios approx. $430 on a monthly basis. Gorgeous grounds with fenced pool. This property is also ideal to be repurposed into a group home, board and care, halfway house, shelter, elderly housing or a non profit facility. Recent bid of $55,600 to install fire suppression sprinkler system throughout. All units have AC. Property is on well, but property has Ray water meter. Suntran # 26 bus line stops in front of property.

Last Agent to Sell the Property

Jade Bossert

Tierra Antigua Realty Listed on: 07/08/2016

Tierra Antigua Realty

Last Buyer's Agent

Phillip Fileccia

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1947

Lot Details

  • 1.76 Acre Lot

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,245 Sq Ft Home
  • Finished Attic

Utilities

  • Central Air
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • $2,074 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision

Building Details

  • Fuel Expense $7,037
  • Insurance Expense $1,973
  • Maintenance Expense $6,852
  • Water Sewer Expense $270
  • Gross Income $61,236
  • Net Operating Income $40,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Lengthy meets & Bounds. Two tax code 140050140 & 140050130
  • List Price per Sq Ft: 35.48
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 975.00
  • Unit Info Average Monthly Rent Studios: 430.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 10
  • Unit Info Number Of Units Studios: 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Furnished
  • Gross Sq Ft: 11245.00
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block

Utilities

  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Main Heating: Wall
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes
  • Water Company: Ray

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Contract Services: 1678.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 7036.79
  • Expenses Maintenance Supplies: 6852.00
  • Expenses Other Expenses: 893.00
  • Expenses Taxes Assessments: 2074.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.76
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 5.20
  • Lot Sq Ft: 76666.00
  • Lot Sz Sold Prc Sq Ft: 4.88
  • Municipality Zoning: Pima County - CB2

Building Info

  • Year Built: 1947

Tax Info

  • Tax Code: 140-05-0130
  • Taxes: 2074.00
  • Tax Year: 2015

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

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $374,000 0.0% $33 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
07/08/2016 07/08/16 For Sale $374,000 -- $33 / 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 $1,325 $9,989 -- --
2024 $1,257 $9,514 -- --
2023 $987 $9,061 $0 $0
2022 $940 $8,629 $0 $0
2021 $968 $7,827 $0 $0
2020 $976 $16,000 $0 $0
2019 $963 $8,718 $0 $0
2018 $1,870 $7,350 $0 $0
2017 $1,014 $7,350 $0 $0
2016 $945 $7,000 $0 $0
2015 $842 $7,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jade Bossert

    Seller's Agent in 2017

    Jade Bossert

    Tierra Antigua Realty

    (520) 318-5290

    57 Total Sales

    Jade Bossert
    Section Image

  • P

    Buyer's Agent in 2017

    Phillip Fileccia

    Realty Executives Arizona Territory

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21619138

MLS of Southern Arizona
Arizona Pima County Tucson 85706 Mortimore

3315 E Benson Hwy, Tucson, AZ

Not Listed for Sale

MultiFamily

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