NOT LISTED FOR SALE

Estimated Value: $424,000 - $467,033

6 Beds
4 Baths
2,418 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $344,000 $142 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,537/month

12 Days on Market

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Living Room
  • Covered Patio or Porch
  • Bathtub with Shower
  • Storage Room

About This Home

As of March 2021

Range Price from $325,000-$350,000. Updated triplex with two 2BR/1BA units and one 2BR/2BA unit. Great central location! Perfect for owner occupant and investor. Large private walled rear yards with covered patios. Extensive renovations include remodeled kitchens and remodeled bathrooms in each unit. Updated ceramic tile floors. Updated heat pumps (2017 and 2018). Concrete off street parking areas. Tenants pay electric. Owner pays water/sewer. EZ to rent. Close to dining, shopping, bike route and bus lines. Only 4 miles east of the U of A. Address is 5501, 5503 and 5505 E 2nd Street.

Last Agent to Sell the Property

Vincent Yackanin

Long Realty Company Listed on: 02/13/2021

Last Buyer's Agent

Daniel Biel

ERA Gem Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Back Yard

Home Design

  • Triplex
  • Bungalow
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Located Outside
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Sewell Elementary School
  • Booth-Fickett Math/Science Magnet Middle School
  • Rincon High School

Utilities

  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,700 special tax assessment

Community Details

Overview

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

Building Details

  • Fuel Expense $350
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,750
  • Gross Income $27,700
  • Net Operating Income $19,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,690

Year Built

Built in 1978

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Mitman W2 S135' of lot 10 Exc W20' Blk 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 134.41
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 785.00
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2418.00
  • Bathroom Features: Shower & Tub/Primary, Shower Only/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Microwave: White
  • Kitchen Features Oven: Electric
  • Laundry Other: Rear patios
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: Storage
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Shed

Garage/Parking

  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Heat Pump
  • Main Heating: Heat Pump
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Capital Expenses: 750.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 350.00
  • Expenses Maintenance Supplies: 1200.00
  • Expenses Taxes Assessments: 2700.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.24
  • Lot Dimensions: 78 X 134 +/-
  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 31.09
  • Lot Sq Ft: 10454.00
  • Lot Sz Sold Prc Sq Ft: 32.91
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1978

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • 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: 127-03-0380
  • Taxes: 2690.00
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Booth-Fickett Math/Science Magnet
  • Elementary School: Sewell
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Feb 26, 2021
Sold by
Dowling Properties Llc
Bought by
Pg Insurance Services Inc 401K
Seller's Agent
Vincent Yackanin
Long Realty Company
Buyer's Agent
Daniel Biel
ERA Gem Realty
List Price
$344,000
Sold Price
$344,000
Current Estimated Value
$442,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,678
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Adams J R
Bought by
Zynda William E and Zynda Katrina F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pg Insurance Services Inc 401K $344,000 Signature Ttl Agcy Of Az Llc
Pg Insurance Services Inc 401K $344,000 Signature Ttl Agcy Of Az Llc
Zynda William E $105,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $344,000 0.0% $142 / Sq Ft
02/13/2021 02/13/21 For Sale $344,000 -- $142 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,068 $24,356 -- --
2025 $3,068 $23,196 -- --
2024 $2,775 $22,092 -- --
2023 $2,775 $21,040 -- --
2022 $2,791 $20,038 $0 $0
2021 $2,775 $18,175 $0 $0
2020 $2,690 $18,937 $0 $0
2019 $2,655 $17,763 $0 $0
2018 $2,597 $16,169 $0 $0
2017 $2,659 $16,169 $0 $0
2016 $2,738 $16,260 $0 $0
2015 $2,697 $15,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22104018

MLS of Southern Arizona

APN: 127-03-0380

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