$242,500
SOLD MAY 20, 2019
7 Beds
4 Baths
3,046 Sq Ft
0.25 Acres

Recently Sold

$80 Per Sq Ft

32 Days on Market

Highlights

  • RV Parking in Community
  • Bathtub with Shower
  • Laundry Room
  • Eat-In Kitchen
  • Living Room
  • 4-minute walk to Swan Way Park

About This Home

As of May 2019

GREAT INVESTMENT OPPORTUNITY! ''Excellent Central Investment Property- Block south of Speedway/Swan. 3 Separate Units; 2 Units w/2BR/1BA and newer 3BR/2BA MFD home all on large well kept lot w/plenty of parking. Duplex has newer evaporated coolers, flooring and paint; MFD looks new w/central A/C, new flooring and paint. Fully leased. To be sold as single property. Utilities paid by tenants. DO NOT DISTURB TENANTS. Inside access w/accepted contract. Property is 3 separate houses, 3 separate addresses with 2 Tax ID. 127-05-108A and 127-05-108B. Buyer to verify Sq Ft.

Last Agent to Sell the Property

Thomas McGowan

Keller Williams Southern Arizona Listed on: 03/28/2019

Co-Listed By

Danny Roth

Keller Williams Southern Arizona

Last Buyer's Agent

Brent Vankoevering

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Bungalow
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 3,046 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level

Schools

  • Howell Elementary School
  • Vail Middle School
  • Rincon High School

Utilities

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

Listing and Financial Details

  • $2,772 special tax assessment

Community Details

Overview

  • Swan Way Addition Subdivision
  • RV Parking in Community

Building Details

  • Fuel Expense $163
  • Insurance Expense $1,379
  • Professional Management Expense $2,814
  • Water Sewer Expense $183
  • Gross Income $27,000
  • Net Operating Income $14,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,773

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Affixed Mobile Home, Bungalow
  • Style Other: 2 Bungalows
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Swan Way S70.5' & W12' N89.5' Lot 6 Blk 4 AND Swan Way E56' N89.5' Lot 6 Blk 4
  • Attached Detached: Detached
  • List Price per Sq Ft: 82.07
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Three Bedroom: 900.00
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Some
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 3046.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Laundry Closet, Laundry Room
  • Extra Room: None
  • Kitchen Features: Double Sink, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Other
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Fence Other: Partial Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 5

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
  • 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: Actual
  • Expenses Gas Electric: 163.00
  • Expenses Other Expenses: 5435.00
  • Expenses Taxes Assessments: 2772.00

Schools

  • School District: TUSD
  • Elementary School: Howell
  • Middle School: Vail
  • High School: Rincon

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.25
  • Lot Dimensions: Irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 22.98
  • Lot Sq Ft: 10880.00
  • Lot Sz Sold Prc Sq Ft: 22.29
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1947

Rental Info

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

Tax Info

  • Tax Code: 127-05-108A
  • Taxes: 2772.71
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Howell
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 15, 2019
Sold by
The Adams Holtje Revocable Trust
Bought by
Chung Chieh Yu And Mei Hui Liu Liv Tr
Seller's Agent
Thomas McGowan
Keller Williams Southern Arizona
Buyer's Agent
Brent Vankoevering
Long Realty Company
List Price
$242,500
Sold Price
$242,500
Current Estimated Value
$325,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,521
Avg. Annual Appreciation
4.93%
Original Mortgage
$121,875
Outstanding Balance
$107,835
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$217,186

Purchase Details

Closed on
Jul 2, 2015
Sold by
Lees Property Investments Llc
Bought by
The Adams Holtje Revocable Trust

Purchase Details

Closed on
May 25, 2005
Sold by
Mechigian Deborah
Bought by
Lee Young S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2004
Sold by
Metz Helen Hart
Bought by
Mechigian Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,787
Interest Rate
5.61%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $162,500 Long Title Agency Inc
Cash Sale Deed $221,275 Catalina Title Agency
Cash Sale Deed $215,000 Catalina Title Agency
Warranty Deed $195,800 --
Warranty Deed $124,000 --
Warranty Deed $124,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,875 New Conventional
Previous Owner $156,600 New Conventional
Previous Owner $122,787 FHA
Previous Owner $64,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $242,500 0.0% $80 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $242,500 0.0% $80 / Sq Ft
10/19/2018 10/19/18 Rented $700 0.0% --
10/19/2018 10/19/18 For Rent $700 -- --
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 $2,042 $16,258 -- --
2023 $2,042 $15,483 -- --
2022 $2,054 $14,746 $0 $0
2021 $2,042 $13,375 $0 $0
2020 $1,980 $13,375 $0 $0
2019 $1,954 $14,330 $0 $0
2018 $1,911 $11,554 $0 $0
2017 $1,900 $11,554 $0 $0
2016 $1,835 $11,004 $0 $0
2015 $1,778 $10,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21910234

MLS of Southern Arizona

APN: 127-05-108A