NOT LISTED FOR SALE

Estimated Value: $277,601 - $337,000

3 Beds
3 Baths
1,502 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $167,500 $112 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,753/month

63 Days on Market

Highlights

  • Ranch Style House
  • Bathtub with Shower
  • Dining Room
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of August 2018

Double Brick Triplex with a good central location at Speedway and Swan. All units have a private fenced yard, gas heating and off street parking. Two units have laundry hook ups. Owner managed for fourteen years with low vacancy. Owner has purchase the water/sewer line insurance program through the city. New roof was installed in 2007. Owner may consider financing with 50% down. Package is attached.

Last Agent to Sell the Property

David Walsh

Better Homes & Gardens Real Estate - SJ Fowler Listed on: 06/18/2018

Co-Listed By

Lawrence Wright

Better Homes & Gardens Real Estate - SJ Fowler

Last Buyer's Agent

Mike Muehlstedt

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 125 x 60
  • Wood Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot

Home Design

  • Triplex
  • Ranch Style House
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 1,502 Sq Ft Home
  • Window Treatments
  • Family Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

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

Flooring

  • Concrete
  • Vinyl

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,556 special tax assessment

Community Details

Overview

  • Speedway Addition Subdivision

Building Details

  • Insurance Expense $552
  • Maintenance Expense $1,798
  • Water Sewer Expense $1,450
  • Gross Income $18,810
  • Net Operating Income $13,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,584

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel: 001010010 /Speedway E60' N 120' Lot 6 Blk 7
  • Attached Detached: Attached
  • List Price per Sq Ft: 121.17
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Average Monthly Rent Two Bedroom: 685.00
  • Unit Info Average Monthly Rent Studios: 365.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Concrete, Vinyl
  • Gross Sq Ft: 1502.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Family Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Low Care
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: To Property Line
  • Total Parking: 6

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1798.00
  • Expenses Taxes Assessments: 1556.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 125 X 60
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 24.58
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 22.62
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1956

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: 122-12-0960
  • Taxes: 1584.02
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Washington Capital Partners Llc
Bought by
Washington Capital Partners Llc
Current Estimated Value
$305,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,125,000
Outstanding Balance
$3,909,752
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,604,602

Purchase Details

Closed on
Dec 3, 2019
Sold by
Hewson Joel and Hewson Elizabeth Gill
Bought by
Washington Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 21, 2018
Sold by
Leven Edward L
Bought by
Hewson Joel
Seller's Agent
David Walsh
Better Homes & Gardens Real Estate - SJ Fowler
Buyer's Agent
Mike Muehlstedt
Keller Williams Southern Arizona
List Price
$167,500
Sold Price
$167,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$67,500
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 2010
Sold by
Leven Edward L
Bought by
Leven Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,700
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2008
Sold by
Leven Edward L
Bought by
Leven Edward L

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
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Sch Properties Llc
Bought by
Leven Edward L

Purchase Details

Closed on
May 24, 1995
Sold by
Hebert Charles and Hebert Stephen C
Bought by
S C H Properties Llc

Purchase Details

Closed on
Apr 29, 1994
Sold by
Rodgers Geraldine Vallie
Bought by
Hebert Charles and Hebert Stephen C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Washington Capital Partners Llc -- Title Security Agency
Washington Capital Partners Llc -- Title Security Agency Llc
Hewson Joel $167,500 Pioneer Title Agency Inc
Hewson Joel $167,500 Pioneer Title Agency Inc
Leven Edward L -- Tstti
Leven Edward L -- Tfnti
Leven Edward L -- Tfnti
Leven Edward L $165,000 --
S C H Properties Llc -- --
Hebert Charles $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Capital Partners Llc $4,125,000
Previous Owner Washington Capital Partners Llc $2,880,000
Previous Owner Hewson Joel $67,500
Previous Owner Leven Edward L $107,700
Previous Owner Leven Edward L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $167,500 0.0% $112 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $167,500 -- $112 / 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 $1,882 $14,230 -- --
2024 $1,806 $13,552 -- --
2023 $1,704 $12,907 $0 $0
2022 $1,712 $12,292 $0 $0
2021 $1,702 $11,149 $0 $0
2020 $1,446 $12,885 $0 $0
2019 $1,629 $12,092 $0 $0
2018 $1,593 $9,631 $0 $0
2017 $1,584 $9,631 $0 $0
2016 $1,556 $9,173 $0 $0
2015 $1,512 $8,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21817026

MLS of Southern Arizona

APN: 122-12-0960