NOT LISTED FOR SALE

Estimated Value: $353,000 - $387,520

5 Beds
3 Baths
2,362 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $230,000 $97 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,105/month

40 Days on Market

Highlights

  • RV Parking in Community
  • Southwestern Architecture
  • Breakfast Area or Nook
  • Mountain View
  • Great Room
  • Bathtub with Shower

About This Home

As of February 2020

Great Investment Opportunity, Long-time Tenants, Steady Income--Fully Occupied! Feel Free to drive by the outside and stroll the grounds! Each Unit is Unique! TWO Each 2 Bedroom-1 Bath; ONE Studio in Rear, Rents are $2,000 Monthly, Currently discounted for relative. NOTE: You can Own Two 3-Plexes right next door to each other...See MLS # 22000305 for $189,900.Offer on both today!

Last Agent to Sell the Property

Evan Harris

Coldwell Banker Realty Listed on: 01/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Maria Angie Pena

Genesis Real Estate & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 58' x 126' x 59' x126'
  • East or West Exposure
  • Dog Run
  • Block Wall Fence
  • Back Yard

Home Design

  • Triplex
  • Southwestern Architecture
  • Bungalow
  • Tile Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Dining Room
  • Storage Room
  • Laundry Located Outside
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Tile Bathroom Countertop
  • Dual Sinks
  • Bathtub with Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Parking Pad

Outdoor Features

  • Courtyard
  • Patio
  • Shed

Schools

  • Howell Elementary School
  • Bonillas Basic Curriculum Magnet Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Level Entry For Accessibility
  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,649 special tax assessment

Community Details

Overview

  • Speedway Park Subdivision
  • RV Parking in Community

Building Details

  • Insurance Expense $420
  • Maintenance Expense $250
  • Water Sewer Expense $1,500
  • Gross Income $24,000
  • Net Operating Income $19,667

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,649

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Bungalow, Southwestern
  • Technology: Satellite Dish
  • Accessibility Options: Level
  • Legal Description: from Parcel:001010010/Speedway Park Resub Blks 4 5 & 12 Lot 4 Blk 1
  • Attached Detached: Detached
  • List Price per Sq Ft: 99.45
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 750.00
  • Unit Info Average Monthly Rent Studios: 500.00
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Split Bedroom Plan
  • Window Coverings: Stay
  • Floor Covering: Concrete
  • Gross Sq Ft: 2362.00
  • Bathroom Features: Shower & Tub/Hall
  • Primary Bathroom Countertops: Tile
  • Breakfast: Area, Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Other
  • Kitchen Features Countertops: Tan
  • Kitchen Features Oven: Electric White-color
  • Living Areas: Family Room, Great Room
  • Living Areas Other: enclosed patio
  • Laundry: Outside
  • Extra Room: Storage
  • Extra Room Other: Covered Patio
  • Kitchen Features: Double Sink, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Fence Other: combo
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Tile
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Courtyard, Dog Run, Shed

Garage/Parking

  • Driveway: Car(s) Pad
  • Rv Parking: Space Available
  • Total Parking: 5

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: Security Lights
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: None

Fee Information

  • Expenses Admin Expenses: 144.00
  • Expenses Capital Expenses: 250.00
  • Expenses Contract Services: 120.00
  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 250.00
  • Expenses Taxes Assessments: 1648.76

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Dimensions: 58' X 126' X 59' X126'
  • Lot Features: East/West Exposure, North/South Exposure
  • Lot Size Price Sq Ft: 29.96
  • Lot Sq Ft: 7841.00
  • Lot Sz Sold Prc Sq Ft: 29.33
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1946

Rental Info

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

Tax Info

  • Tax Code: 122-18-2940
  • Taxes: 1648.76
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Bonillas Basic Curriculum Magnet
  • Elementary School: Howell
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 7, 2020
Sold by
Cunningham Garett and Cunningham Janelle
Bought by
Stupak Steven A
Seller's Agent
Evan Harris
Coldwell Banker Realty
Buyer's Agent
Maria Angie Pena
Genesis Real Estate & Management
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$371,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,507
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Dec 23, 2009
Sold by
Kivel Robert J
Bought by
Cunningham Garett and Cunningham Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2008
Sold by
Stewart Roy
Bought by
Kivel Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2008
Sold by
Jarnagin Michael
Bought by
Stewart Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Chambers Myrtle R and Chambers Robert G
Bought by
Kivel Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1988
Sold by
Canatsey Steven M
Bought by
Canatsey Building & Development Co Inc
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
Stupak Steven A $230,000 Title Security Agency Llc
Cunningham Garett $112,295 Lanti
Kivel Robert J -- Tfnti
Stewart Roy -- Fidelity National Title
Kivel Robert J -- Tfnti
Stewart Roy -- Fidelity National Title
Stewart Roy $165,000 Ticor
Kivel Robert J $140,000 --
Canatsey Building & Development Co Inc -- Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Garett $118,000
Previous Owner Stewart Roy $123,750
Previous Owner Kivel Robert J $112,000
Previous Owner Stewart Roy $123,750
Previous Owner Kivel Robert J $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $230,000 0.0% $97 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $230,000 -- $97 / 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 $1,948 $14,728 -- --
2024 $1,762 $14,027 -- --
2023 $1,762 $13,359 -- --
2022 $1,772 $12,723 $0 $0
2021 $1,762 $11,540 $0 $0
2020 $1,708 $13,972 $0 $0
2019 $1,686 $12,550 $0 $0
2018 $1,649 $9,969 $0 $0
2017 $1,640 $9,969 $0 $0
2016 $1,822 $10,752 $0 $0
2015 $1,768 $10,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22000301

MLS of Southern Arizona

APN: 122-18-2940