NOT LISTED FOR SALE

Estimated Value: $317,883 - $476,000

4 Beds
3 Baths
2,096 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $485,000 $231 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,592/month

39 Days on Market

Highlights

  • City View
  • Community Pool
  • Stainless Steel Appliances
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of April 2023

Welcome to this charming triplex. This property has two 1-bed, 1-bath units and one 2-bed, 1-bath unit with a private pool. The kitchens feature stainless steel appliances and brand new countertops with plenty of counter space. All three units are well maintained and updated. Outside, the property features a lovely low-maintenance landscaped yard, two garage spaces, and additional parking, ensuring that tenants always have a place to park. Don't miss out on the opportunity to own this fantastic property!

Last Agent to Sell the Property

Ben Riehle

Keller Williams Southern Arizona Listed on: 02/23/2023

Keller Williams Southern Arizona

Last Buyer's Agent

Elizabeth Jackson

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1960

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Wood Fence
  • Block Wall Fence
  • Shrub
  • Landscaped with Trees
  • Back and Front Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,096 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • City Views
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Car Garage
  • Driveway

Location

  • Ground Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $2,098 special tax assessment

Community Details

Overview

  • Speedway Addition No. 1 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Building Details

  • Fuel Expense $1,000
  • Insurance Expense $1,200
  • Professional Management Expense $4,000
  • Water Sewer Expense $1,000
  • Gross Income $39,159
  • Net Operating Income $26,861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,098

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: SPEEDWAY NO 1 W70' E210' OF L 6 & N30'W70' OF E210' OF LOT 7 BLK 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 214.69
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2096.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Microwave: Built in
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block, Wood
  • Fence Other: Metal
  • Landscape Front: Decorative Gravel, Low Care, Shrubs, Trees
  • Landscape Rear: Low Care, Trees
  • Patio Deck: None
  • Pool: Community
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

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: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 1000.00
  • Expenses Other Expenses: 3000.00
  • Expenses Taxes Assessments: 2098.00

Schools

  • School District: TUSD
  • Elementary School: Blenman
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.24
  • Lot Dimensions: 70x150
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 42.86
  • Lot Sq Ft: 10500.00
  • Lot Sz Sold Prc Sq Ft: 46.19
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1960

Rental Info

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

Tax Info

  • Tax Code: 122-13-0780
  • Taxes: 2098.00
  • Tax Year: 2022
  • 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

Listed on
Feb 23, 2023
Closed on
Apr 6, 2023
Sold by
Clear Value Investments Ii Llc
Bought by
Yim Dae-Hyuc D
Seller's Agent
Ben Riehle
Keller Williams Southern Arizona
Buyer's Agent
Elizabeth Jackson
eXp Realty
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Views
89
Current Estimated Value
$441,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,462
Avg. Annual Appreciation
-5.63%
Original Mortgage
$496,155
Outstanding Balance
$484,692
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
-$61,424

Purchase Details

Closed on
Sep 22, 2005
Sold by
Morken Scott A
Bought by
Morken Scott A and Morken Veronica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 1997
Sold by
Proffitt Ralph and Proffitt Thomas Gene
Bought by
Morken Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,750
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yim Dae-Hyuc D $485,000 Fidelity National Title
Morken Scott A -- Ticor
Morken Scott A -- Ticor
Morken Scott A $136,000 Title Security Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Dae-Hyuc D $496,155
Previous Owner Clear Value Investments Ii Llc $2,334,791
Previous Owner Morken Scott A $137,000
Previous Owner Morken Scott A $134,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $485,000 +7.8% $231 / Sq Ft
02/23/2023 02/23/23 For Sale $450,000 -- $215 / 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 $2,086 $16,607 -- --
2023 $2,086 $15,816 -- --
2022 $2,098 $15,063 $0 $0
2021 $2,086 $13,662 $0 $0
2020 $2,022 $16,638 $0 $0
2019 $1,996 $15,613 $0 $0
2018 $1,952 $11,802 $0 $0
2017 $1,941 $11,802 $0 $0
2016 $1,904 $11,240 $0 $0
2015 $1,847 $10,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22304231

MLS of Southern Arizona

APN: 122-13-0780