NOT LISTED FOR SALE

Estimated Value: $442,000 - $475,120

5 Beds
3 Baths
2,503 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $460,000 $184 Per Sq Ft

Current estimated payment $2,618/month

40 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Patio
  • Great Room
  • Bathtub with Shower
  • Level Entry For Accessibility

About This Home

As of November 2023

Located in a highly desirable location for tenants this triplex in central Tucson is close to schools, shops, bus lines and even a public library. Throughout the years any vacancies have been filled quickly. This income producing property is well maintained with quality tenants. This property is turnkey and ready for a new investor owner or buy for yourself and live in one of the units. 3 Refrigerators and two washer and dryer sets convey with the property. There is a laundry hookup for A & C units. Unit B shares laundry with unit A

Last Agent to Sell the Property

Phil Le Peau

OMNI Homes International Brokerage Phone: 520-288-0028 Listed on: 10/11/2023

OMNI Homes International

Last Buyer's Agent

Maria Angie Pena

Genesis Real Estate & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1961

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60' x 150'
  • East or West Exposure
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,503 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Carport
  • Driveway

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
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Patio
  • Ground Level

Listing and Financial Details

  • $1,985 special tax assessment

Community Details

Overview

  • Speedway Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,663
  • Maintenance Expense $4,176
  • Water Sewer Expense $1,322
  • Gross Income $33,690
  • Net Operating Income $24,544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,982

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Satellite Dish
  • Accessibility Options: Entry
  • Legal Description: Speedway S150' E60' Lot 8 Blk 7
  • Attached Detached: Attached
  • List Price per Sq Ft: 183.78
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Attribution Contact: 520-288-0028
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2503.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Dryer Included, Outside, Washer Included
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Double Sink

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • 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: Ceiling Fan(s), 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: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 4176.00
  • Expenses Taxes Assessments: 1985.00

Schools

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

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, Subdivided
  • Lot Size Price Sq Ft: 51.11
  • Lot Sq Ft: 9000.00
  • Lot Sz Sold Prc Sq Ft: 51.11
  • 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: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-12-098H
  • Taxes: 1981.67
  • Tax Year: 2022
  • 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
Oct 11, 2023
Closed on
Nov 17, 2023
Sold by
Fowler James Alexander and Fowler Stephanie Ruth
Bought by
Manley Henry Marc and Corianne Henry Corianne
Seller's Agent
Phil Le Peau
OMNI Homes International
Buyer's Agent
Maria Angie Pena
Genesis Real Estate & Management
List Price
$460,000
Sold Price
$460,000
Views
24
Current Estimated Value
$460,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780
Avg. Annual Appreciation
0.09%
Original Mortgage
$345,000
Outstanding Balance
$319,089
Interest Rate
6.78%
Mortgage Type
Balloon
Estimated Equity
$141,691

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 26, 2018
Sold by
Granger Ruth and Granger Jean M
Bought by
Fowler James Alexander and Fowler Stephanie Ruth
Seller's Agent
Mikey Girard
Long Realty Company
Buyer's Agent
Anthony Boatner
Realty Executives Southern AZ
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$230,743
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 1995
Sold by
Yang Margarita
Bought by
Granger Ruth and Granger Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.6%
Mortgage Type
New Conventional
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
Manley Henry Marc $460,000 Title Security Agency
Fowler James Alexander $235,000 Pioneer Title Agency Inc
Granger Ruth $90,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manley Henry Marc $345,000
Previous Owner Fowler James Alexander $230,743
Previous Owner Granger Ruth $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2023 11/21/23 Sold $460,000 0.0% $184 / Sq Ft
10/11/2023 10/11/23 For Sale $460,000 +95.7% $184 / Sq Ft
10/30/2018 10/30/18 Sold $235,000 0.0% $94 / Sq Ft View Prior Sale
09/30/2018 09/30/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $235,000 -- $94 / 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 $2,098 $18,782 -- --
2024 $2,098 $17,887 -- --
2023 $1,982 $17,035 $0 $0
2022 $1,982 $16,224 $0 $0
2021 $1,989 $14,716 $0 $0
2020 $1,909 $17,579 $0 $0
2019 $1,854 $16,498 $0 $0
2018 $1,768 $12,712 $0 $0
2017 $1,688 $12,712 $0 $0
2016 $1,646 $12,107 $0 $0
2015 $1,574 $11,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22322031

MLS of Southern Arizona

APN: 122-12-098H