NOT LISTED FOR SALE

509 S Meyer Ave Tucson, AZ 85701

Barrio Viejo Neighborhood

Estimated Value: $469,733 - $669,000

3 Beds
3 Baths
2,194 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $585,000 $267 Per Sq Ft

Current estimated payment $3,441/month

32 Days on Market

Highlights

  • City View
  • Southwestern Architecture
  • Living Room
  • 0.17 Acre Lot
  • Breakfast Area or Nook
  • 3-minute walk to Rosendo S. Perez Park

About This Home

As of November 2021

Historic adobe triplex located in Bario Viejo. The original structure was built in 1905-1908 as a single-family residence. Two attached apartments were added to the southern edge about 20 years later in 1926 making up in total what we know today as 511 & 513 S. Meyer Avenue. Early on, the property was known as the Fimbres House named after the legacy of the builder, Feliciano Fimbres and his family whom occupied it until the 1930s. All 3 units were recently renovated including a with a brand new roof in 2021. One lease is expiring at the end of November so this property can be owner occupied.

Last Agent to Sell the Property

Morgan Abraham

ABECAP Listed on: 10/07/2021

Last Buyer's Agent

Elise Teyechea

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1906

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 97 x 113 x 86 x 106
  • East or West Exposure

Home Design

  • Triplex
  • Southwestern Architecture
  • Metal Roof
  • Adobe

Interior Spaces

  • 2,194 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Freezer
  • Dishwasher

Flooring

  • Concrete
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Pad

Location

  • Ground Level

Schools

  • Carrillo Elementary School
  • Drachman Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $966 special tax assessment

Community Details

Overview

  • City Of Tucson Subdivision

Building Details

  • Insurance Expense $1,007
  • Maintenance Expense $2,194
  • Gross Income $48,000
  • Net Operating Income $43,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Southwestern
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Tucson N70' Lot 3 Blk 241
  • Attached Detached: Attached
  • List Price per Sq Ft: 284.87
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units1 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Foyer
  • Window Coverings: Stay
  • Floor Covering: Concrete, Vinyl
  • Gross Sq Ft: 2194.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Freezer, Gas Range, Refrigerator

Exterior Features

  • Construction: Mud Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Metal
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 3

Utilities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 2194.00
  • Expenses Taxes Assessments: 966.00

Schools

  • School District: TUSD
  • Elementary School: Carrillo
  • Middle School: Drachman
  • High School: Tucson

Green Features

  • Green Features: Adobe

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 97 X 113 X 86 X 106
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 84.40
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 79.00
  • Municipality Zoning: Tucson - HC3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1906

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: 117-14-5140
  • Taxes: 966.00
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Drachman
  • Elementary School: Carrillo
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Lopez Ricardo H
Bought by
Lopez Holdings Llc
Current Estimated Value
$587,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2022
Sold by
Lopez Holdings Llc
Bought by
Lopez Ricardo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lopez Holdings Llc -- --
Lopez Ricardo H -- Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Ricardo H $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $585,000 -6.4% $267 / Sq Ft
10/07/2021 10/07/21 For Sale $625,000 -- $285 / 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 $2,342 $18,646 -- --
2023 $2,342 $17,759 -- --
2022 $2,356 $16,913 $0 $0
2021 $2,342 $7,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Morgan Abraham

    ABECAP

  • E

    Buyer's Agent in 2021

    Elise Teyechea

    Russ Lyon Sotheby's International Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22125853

MLS of Southern Arizona

APN: 117-14-5140

Arizona Pima County Tucson 85701 Barrio Viejo

509 S Meyer Ave, Tucson, AZ

This home is located at 509 S Meyer Ave, Tucson, AZ 85701 since 07 October 2021 and is currently estimated at $587,683, approximately $267 per square foot. This property was built in 1906. 509 S Meyer Ave is a home located in Pima County with nearby schools including Carrillo Intermediate Magnet School, Drachman Primary Magnet School, and Tucson High Magnet School.

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