NOT LISTED FOR SALE

Estimated Value: $360,132 - $427,000

6 Beds
4 Baths
2,418 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2021

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

Est. 14% increase in value since last sale

Current estimated payment $2,381 / mo

12 Days on Market

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • 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: 02/14/2021

Last Buyer's Agent

Daniel Biel

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

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

Home Design

  • Triplex
  • Bungalow
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub and Shower Combination in Primary Bathroom
  • 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

  • Air Source Heat Pump
  • 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

  • No Home Owners Association
  • 3 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Building Details

  • Fuel Expense $350
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,750
  • New Taxes Expense $2,700
  • Operating Expense $8,150
  • Gross Income $27,700
  • Net Operating Income $19,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent Two Bedroom: 785.0
  • Horses: No
  • LotSizeAcres: 0.24
  • Lot Size: 78 X 134 +/-
  • Road Surface Type: Paved
  • CapRate: 5.68
  • Supplies Expense: 1200.0
  • Co List Office Mls Id: 298
  • Subdivision Name: Mitman Addition
  • Location Tax Legal: Tax Year: 2020
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Triplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: 78 X 134 +/-
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Sewell
  • General Property Information: Middle School: Booth-Fickett Math/Science Magnet
  • General Property Information: High School: Rincon
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 134.41
  • General Property Information: Lot Size Price/SqFt: 31.09
  • Construction: Frame - Stucco: Yes
  • Sewer: Connected: Yes
  • Fence: Block: Yes
  • Association Fees: HOA: No
  • PatioDeck: Covered: Yes
  • Driveway: Paved: Concrete
  • Subdivision Restrict: CC&Rs: Yes
  • View: Mountains: Yes
  • Main Heating: Heat Pump: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Extra Room: Storage: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • Style: Bungalow: Yes
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Lot Features: North/South Exposure: Yes
  • Technology: Cable TV: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: Yes
  • Water Heater: Electric: Yes
  • Breakfast: Eat-In: Yes
  • Main Cooling: Heat Pump: Yes
  • Unit 3 Information: Stories: Single
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: White
  • Kitchen Features Oven: Electric
  • Appliances: Electric Range, Refrigerator
  • Floor Covering: Ceramic Tile: Yes
  • Floor Covering: Carpet: Yes
  • Security: Window Bars: Yes
  • Kitchen Features: Electric Range: Yes
  • Window Covering: Some: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Living Areas: Living Room: Yes
  • Dining Room: Area: Yes
  • Interior Features: Smoke Detector: Yes
  • Bathroom Features: Shower & Tub/Primary: Yes
  • Laundry: Outside: Yes
  • Kitchen Features: Microwave: White
  • Dining Areas: Eat-In Kitchen: Yes
  • UnitTypeFurnished: No
  • Unit 3 Information: Floor: 1st
  • Unit 3 Information: Furnished: No
  • Bathroom Features: Shower Only/Hall: Yes

Exterior Features

  • Roof: Shingle
  • View: Mountain(s)
  • Construction Type: Frame - Stucco
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered
  • Roof: Shingle: Yes
  • Exterior Feature: Shed(s): Yes

Garage/Parking

  • General Property Information: Total Parking: 6
  • Unit 2 Information: Parking: On Property
  • Unit 3 Information: Parking: On Property

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other, Outside
  • Cooling: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: None: Yes

Fee Information

  • Expenses Capital Expenses: 750.0
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 350.0
  • Expenses Maintenance Supplies: 1200.0
  • Expenses Taxes Assessments: 2700.0
  • Annual Water Sewer Expense: 1750.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Booth-Fickett Math/Science Magnet

Lot Info

  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided
  • Lot Size Sq Ft: 10454.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1978

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2020
  • New Taxes Expense: 2700.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27700.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 19550.0
  • Annual Operating Expense: 8150.0

MLS Schools

  • Elementary School: Sewell
  • High School: Rincon

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Feb 26, 2021
Sold by
Bought by
Seller's Agent
Vincent Yackanin
Long Realty Company
Buyer's Agent
Daniel Biel
Realty Executives Arizona Territory
List Price
$344,000
Sold Price
$344,000
Current Estimated Value
$391,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,044
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Aug 15, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$344,000 Signature Ttl Agcy Of Az Llc
$105,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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