NOT LISTED FOR SALE

Estimated Value: $402,000 - $440,000

5 Beds
3 Baths
2,347 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $225,000 $96 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,385/month

314 Days on Market

Highlights

  • Ranch Style House
  • Family Room Off Kitchen
  • Courtyard
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Patio

About This Home

As of August 2019

Centrally located triplex (Speedway/Swan) in quiet area, close to shopping, library, schools, bus, etc. Each unit has private back patio area. spacious carport with storage, cold AC, all tile in all units. Easy to rent, hardly ever a vacancy, some long term tenants.Range pricing $235,000-$250,000 if purchased with 4532 E Fairmount.

Last Agent to Sell the Property

Catherine Chavez

Realty Executives Arizona Territory Listed on: 09/28/2018

Realty Executives Arizona Territory

Co-Listed By

Oscar Chavez

Realty Executives Arizona Territory

Last Buyer's Agent

Shaun McClusky

Rincon Ventures, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,939

Year Built

  • Built in 1961

Lot Details

  • 9,149 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • East or West Exposure
  • Block Wall Fence

Home Design

  • Triplex
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bathtub with Shower
  • 2,347 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Courtyard
  • Patio

Location

  • Ground Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Speedway Addition No. 1 Subdivision

Building Details

  • Professional Management Expense $1,998
  • Gross Income $19,980
  • Net Operating Income $17,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,939

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Speedway N150' W60' Lot 8 Blk 7
  • Attached Detached: Attached
  • List Price per Sq Ft: 100.13
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2347.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Nook
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Living Areas: Off Kitchen
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Dishwasher, Electric Range, Garbage Disposal

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: None
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: Owner Maintenance
  • Roof Other: Wood Joists - Wood
  • Spa: None
  • View: None
  • Exterior Feature: Courtyard

Garage/Parking

  • Total Parking: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 818.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 60 x 150
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 25.69
  • Lot Sq Ft: 9149.00
  • Lot Sz Sold Prc Sq Ft: 24.59
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1961

Rental Info

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

Tax Info

  • Tax Code: 122-12-098D
  • Taxes: 1938.92
  • 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

Listed on
Sep 28, 2018
Closed on
Aug 8, 2019
Sold by
Benjo Family Holdings Llc
Bought by
San Luis Obispo Llc
Seller's Agent
Catherine Chavez
Realty Executives Arizona Territory
Buyer's Agent
Shaun McClusky
Rincon Ventures, Inc.
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$422,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,333
Avg. Annual Appreciation
10.34%
Original Mortgage
$240,000
Outstanding Balance
$210,325
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$212,008

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 6, 2017
Sold by
Vassallo Santo A and Vassallo Maddalena
Bought by
Benjo Alexandre
Seller's Agent
Mikey Girard
Long Realty Company
Buyer's Agent
Catherine Chavez
Realty Executives Arizona Territory
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$138,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1997
Sold by
Melton Steve and Caruth Michael A
Bought by
Vassallo Santo A and Vassallo Maddalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.83%
Mortgage Type
New Conventional
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
San Luis Obispo Llc $450,000 Fidelity Natl Ttl Agcy Inc
San Luis Obispo Llc $450,000 Fidelity Natl Ttl Agcy Inc
Benjo Alexandre $185,000 Signature Title Agency Az Ll
Vassallo Santo A $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open San Luis Obispo Llc $240,000
Closed San Luis Obispo Llc $240,000
Previous Owner Benjo Alexandre $138,750
Previous Owner Vassallo Santo A $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2019 08/12/19 Sold $225,000 0.0% $96 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $225,000 +21.6% $96 / Sq Ft
03/13/2017 03/13/17 Sold $185,000 0.0% $79 / Sq Ft View Prior Sale
02/11/2017 02/11/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $185,000 -- $79 / 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 $2,113 $15,972 -- --
2024 $2,027 $15,212 -- --
2023 $1,912 $14,487 $0 $0
2022 $1,922 $13,797 $0 $0
2021 $1,911 $12,515 $0 $0
2020 $1,853 $12,524 $0 $0
2019 $1,828 $11,919 $0 $0
2018 $1,878 $11,789 $0 $0
2017 $1,939 $11,789 $0 $0
2016 $1,992 $11,789 $0 $0
2015 $1,986 $11,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21827238

MLS of Southern Arizona

APN: 122-12-098D