NOT LISTED FOR SALE

Estimated Value: $279,187 - $464,000

-- Bed
-- Bath
1,986 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $163,000 $82 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,356/month

9 Days on Market

About This Home

As of February 2017

Burnt Adobe Triplex in the Miramonte Neighborhood! All units rented, all have central A/C, their own laundry machines, well located and great income stream. Tucked away behind 3rd St., very private. 3rd Street Bike path is ideal for bicycle commute to UA!

Last Agent to Sell the Property

Alan Aronoff

Long Realty Listed on: 02/07/2017

Last Buyer's Agent

Alan Aronoff

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1955

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 108 x 126

Home Design

  • 1,986 Sq Ft Home
  • Triplex
  • Adobe

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $1,625 special tax assessment

Community Details

Overview

  • Speedway View Addition Subdivision

Building Details

  • Insurance Expense $800
  • Water Sewer Expense $2,400
  • Gross Income $19,200
  • Net Operating Income $13,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,624

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: S108' N200' Lot 4 Blk 6 Speedway View Addition.
  • List Price per Sq Ft: 88.12
  • Unit Info Average Monthly Rent Two Bedroom: 550.00
  • Unit Info Average Monthly Rent Three Bedroom: 650.00
  • Unit Info Average Monthly Rent Studios: 400.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1986.00

Exterior Features

  • Construction: Burnt Adobe

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • 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: 600.00
  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1625.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.31
  • Lot Dimensions: 108 x 126
  • Lot Size Price Sq Ft: 12.96
  • Lot Sq Ft: 13504.00
  • Lot Sz Sold Prc Sq Ft: 12.07
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1955

Tax Info

  • Tax Code: 125-11-1730
  • Taxes: 1624.08
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
3804 3Rd Street Llc
Bought by
Ni Huilan L
Current Estimated Value
$382,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Outstanding Balance
$147,417
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$234,630

Purchase Details

Listed on
Feb 7, 2017
Closed on
Feb 15, 2017
Sold by
Aronoff Richard N and Aronoff Carol A
Bought by
Ni Huilan I
Seller's Agent
Alan Aronoff
Long Realty
Buyer's Agent
Alan Aronoff
Ochoa Realty & Property Management
List Price
$163,000
Sold Price
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$116,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Aronoff Richard N and Aronoff Carol A
Bought by
Aronoff Richard N and Aronoff Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Desperado Enterprises Llc
Bought by
Aronoff Richard N and Aronoff Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2007
Sold by
Beer Norman F and Beer Karen
Bought by
Morrison James R and Morrison Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Beer Norman and Beer Norman F
Bought by
Beer Norman and Beer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 17, 1997
Sold by
Beer Volker and Beer Renate E
Bought by
Beer Norman F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ni Huilan L -- Fidelity Natl Ttl Agcy Inc
Ni Huilan I $163,000 Long Title Agency Inc
Aronoff Richard N -- Tstti
Aronoff Richard N -- Tstti
Aronoff Richard N -- Tstti
Aronoff Richard N $200,000 Long Title Agency Llc
Morrison James R $275,000 Tfati
Beer Norman -- Ticor
Beer Norman -- Ticor
Beer Norman F $105,000 Old Republic Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Huilan L $164,500
Previous Owner Ni Huilan I $116,000
Previous Owner Aronoff Richard N $123,500
Previous Owner Aronoff Richard N $130,000
Previous Owner Morrison James R $220,000
Previous Owner Beer Norman $133,000
Previous Owner Beer Norman F $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $163,000 0.0% $82 / Sq Ft
02/07/2017 02/07/17 For Sale $163,000 -- $82 / 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 $2,718 $20,397 -- --
2023 $2,564 $19,425 $0 $0
2022 $2,577 $18,500 $0 $0
2021 $2,562 $16,780 $0 $0
2020 $2,484 $18,110 $0 $0
2019 $2,451 $18,691 $0 $0
2018 $1,661 $10,040 $0 $0
2017 $1,651 $10,040 $0 $0
2016 $1,624 $9,562 $0 $0
2015 $1,545 $9,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21703604

MLS of Southern Arizona

APN: 125-11-1730