NOT LISTED FOR SALE

Estimated Value: $635,000 - $737,000

2 Beds
4 Baths
1,831 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $530,000 $289 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,068/month

22 Days on Market

Highlights

  • Wood Flooring
  • Courtyard
  • Living Room
  • Breakfast Area or Nook
  • Patio
  • Laundry Room

About This Home

As of May 2021

See other amazing properties for sale 10th & Mountain (MLS 22108771) and Adams Court on Adams St. (MLS 22108774). The Art Deco building is one of the few Art Deco structures from the 1920's that remain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartments are all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents. Unsure of sqft per unit.

Last Listed By

Vincent Yackanin

Long Realty Company Listed on: 04/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot
  • Block Wall Fence
  • Desert Landscape

Home Design

  • Quadruplex
  • Bungalow
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $4,121 special tax assessment

Community Details

Overview

  • Tucson Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $3,938
  • Insurance Expense $909
  • Maintenance Expense $2,500
  • Professional Management Expense $2,500
  • Water Sewer Expense $1,176
  • Gross Income $47,220
  • Net Operating Income $30,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,121

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: Tucson Lot 13 Blk 24
  • Attached Detached: Attached
  • List Price per Sq Ft: 314.04
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 825.00
  • Unit Info Average Monthly Rent Studios: 760.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units Studios: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Wood
  • Gross Sq Ft: 1831.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Desert Plantings
  • Landscape Rear: Desert Plantings
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: Courtyard

Garage/Parking

  • 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
  • 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: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Contract Services: 2028.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3938.00
  • Expenses Maintenance Supplies: 2500.00
  • Expenses Taxes Assessments: 4121.00

Schools

  • School District: TUSD
  • Elementary School: Roskruge
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Dimensions: 60'x128' +/-
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 73.33
  • Lot Sq Ft: 7841.00
  • Lot Sz Sold Prc Sq Ft: 67.59
  • Municipality Zoning: Tucson - HR3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1923

Rental Info

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

Tax Info

  • Tax Code: 117-03-0310
  • Taxes: 4121.34
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 13, 2021
Sold by
Tarole Properties Llc
Bought by
Taps Ale House Llc
Seller's Agent
Vincent Yackanin
Long Realty Company
Buyer's Agent
Daniel Biel
Realty Executives Arizona Territory
List Price
$530,000
Sold Price
$530,000
Total Days on Market
22
Current Estimated Value
$669,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,842
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Tarola Hoyt M
Bought by
Tarola Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3%
Mortgage Type
Commercial

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
Taps Ale House Llc $530,000 Signature Ttl Agcy Of Az Llc
Tarola Properties Llc -- None Available
Tarola Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taps Ale House Llc $399,120
Closed Taps Ale House Llc $399,120
Previous Owner Taola Properties Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $530,000 0.0% $289 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $530,000 -- $289 / 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 $4,254 $33,842 -- --
2023 $4,254 $32,230 $0 $0
2022 $4,275 $30,696 $0 $0
2021 $4,251 $27,842 $0 $0
2020 $4,121 $27,842 $0 $0
2019 $4,067 $30,740 $0 $0
2018 $3,978 $24,051 $0 $0
2017 $3,956 $24,051 $0 $0
2016 $3,819 $22,905 $0 $0
2015 $3,701 $21,815 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22109650

MLS of Southern Arizona

APN: 117-03-0310