NOT LISTED FOR SALE

Estimated Value: $337,000 - $387,279

6 Beds
3 Baths
2,400 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $240,000 $100 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,091/month

85 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Eat-In Kitchen
  • Corner Lot
  • Covered Patio or Porch
  • Bathtub with Shower

About This Home

As of May 2020

Ideally located apartment complex in midtown just blocks north of the Speedway and Craycroft intersection. This tri-plex is one half of a six unit complex. Both are available together for $500,000. Each three unit building sits on its own tax parcel making for easier obtainable conventional financing. The complex offers a large center court yard, five covered parking spaces off alley access, additional uncovered parking spaces in front and back, each unit has a private yard, private laundry connections, and exterior storage. See also 5508 E. Mabel MLS 220046357.

Last Agent to Sell the Property

Tim Harris

Long Realty Company Listed on: 02/13/2020

Last Buyer's Agent

Tim Harris

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 55 x 130
  • Property fronts an alley
  • East or West Exposure
  • Block Wall Fence
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Triplex
  • Ranch Style House
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 2,400 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Storage Room
  • Laundry Located Outside
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Tile Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Tile Bathroom Countertop
  • Dual Sinks
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • Carport
  • No Driveway

Schools

  • Hudlow Elementary School
  • Drachman Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,895 special tax assessment

Community Details

Overview

  • Mountain View Acre Farms Subdivision

Building Details

  • Fuel Expense $284
  • Insurance Expense $150
  • Professional Management Expense $2,035
  • Water Sewer Expense $1,575
  • Gross Income $20,570
  • Net Operating Income $10,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,894

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: From Parcel: 121.05.041A/ Mountain View Acre Farms
  • Attached Detached: Attached
  • List Price per Sq Ft: 104.17
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Vinyl
  • Gross Sq Ft: 2400.00
  • Bathroom Features: Shower & Tub/Hall
  • Primary Bathroom Countertops: Tile
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Almond
  • Kitchen Features Countertops: Tile
  • Living Areas: Great Room
  • Laundry: Outside
  • Extra Room: Storage
  • Kitchen Features: Double Sink, Electric Range
  • Interior Steps: No

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 6

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: No
  • Neighborhood Features: Paved Street, Sidewalks

Fee Information

  • Expenses Capital Expenses: 4064.00
  • Expenses Contract Services: 520.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 284.00
  • Expenses Taxes Assessments: 1895.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Dimensions: 55 x 130
  • Lot Features: Adjacent to Alley, Corner Lot, East/West Exposure
  • Lot Size Price Sq Ft: 24.95
  • Lot Sq Ft: 10019.00
  • Lot Sz Sold Prc Sq Ft: 23.95
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1960

Rental Info

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

Tax Info

  • Tax Code: 121-06-051
  • Taxes: 1894.00
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
May 5, 2020
Sold by
Knapp Robert A and The Roy B Martin Family Living
Bought by
Bowman Mariana and Bowman Christopher Allan
Seller's Agent
Tim Harris
Long Realty Company
Buyer's Agent
Tim Harris
Ochoa Realty & Property Management
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$364,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,070
Avg. Annual Appreciation
7.96%
Original Mortgage
$180,000
Outstanding Balance
$159,505
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$204,565
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
Bowman Mariana $240,000 Long Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Mariana $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $240,000 0.0% $100 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $240,000 0.0% $100 / Sq Ft
11/13/2014 11/13/14 Rented $550 0.0% --
11/13/2014 11/13/14 For Rent $550 -- --
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
2025 $1,928 $16,117 -- --
2024 $1,928 $15,349 -- --
2023 $1,928 $14,619 -- --
2022 $1,939 $13,922 $0 $0
2021 $1,928 $12,628 $0 $0
2020 $1,869 $12,638 $0 $0
2019 $1,845 $12,027 $0 $0
2018 $1,895 $12,701 $0 $0
2017 $2,089 $12,701 $0 $0
2016 $2,044 $12,096 $0 $0
2015 $1,954 $11,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22004635

MLS of Southern Arizona

APN: 121-06-051C