NOT LISTED FOR SALE

5902 E 22nd St Tucson, AZ 85711

Corbett Neighborhood

Estimated Value: $274,872 - $368,000

4 Beds
3 Baths
1,744 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $240,000 $138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,827/month

22 Days on Market

Highlights

  • 0.2 Acre Lot
  • Corner Lot
  • Bathtub with Shower
  • Ranch Style House
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of March 2023

Great investment opportunity to own a triplex. Main house 2 bed/1 bath, east unit 1 bed/1 bath (lease end 3/31) and west unit 1 bed/1 bath studio (lease end 10/31). Owner pays utilities. Shared meter. Main house is vacant with lockbox. Do not disturb tenants in other units. **Seller will respond to offers on Monday 3/13** Email agent for questions/info.

Last Agent to Sell the Property

Danielle Gebbia

Peak Realty Investments Listed on: 03/09/2023

Co-Listed By

Gus Maughan

Peak Realty Investments

Last Buyer's Agent

Vickie Jacobs

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x105x81x80x39
  • Chain Link Fence
  • Corner Lot
  • Back Yard

Home Design

  • Triplex
  • Ranch Style House
  • Brick Exterior Construction
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,744 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Gas Oven
  • Laundry Room

Parking

  • 3 Parking Spaces
  • Parking Pad

Schools

  • Wheeler Elementary School
  • Vail Middle School
  • Palo Verde High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $840 special tax assessment

Community Details

Overview

  • San Paulo Village Subdivision

Building Details

  • Fuel Expense $134
  • Water Sewer Expense $75
  • Gross Income $2,900
  • Net Operating Income $1,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Triplex
  • Style: Ranch
  • Technology: Pre-Wired Tele Lines
  • Accessibility Options: None
  • Legal Description: San Paulo Village Lot 1 Blk 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 114.68
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1744.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Oven: gas
  • Living Areas: Living Room
  • Laundry: Laundry Room
  • Extra Room: None
  • Kitchen Features: Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick, Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: TBD
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

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

Utilities

  • Water: Public
  • Water Heater: Natural Gas
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 134.00
  • Expenses Taxes Assessments: 839.78

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.20
  • Lot Dimensions: 55X105X81X80X39
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 22.96
  • Lot Sq Ft: 8712.00
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1952

Rental Info

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

Tax Info

  • Tax Code: 131-08-0010
  • Taxes: 839.78
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Wheeler
  • High School: Palo Verde
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 30, 2023
Sold by
First Fed'L
Bought by
Cepin Blanca
Seller's Agent
Danielle Gebbia
Peak Realty Investments
Buyer's Agent
Vickie Jacobs
Tierra Antigua Realty
List Price
$200,000
Sold Price
$240,000
Premium/Discount to List
$40,000
20%
Views
210
Current Estimated Value
$321,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,718
Avg. Annual Appreciation
11.24%
Original Mortgage
$192,000
Outstanding Balance
$23,170
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$298,548

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 27, 2023
Sold by
First Fed'L
Bought by
Cepin Blanca
Seller's Agent
Danielle Gebbia
Peak Realty Investments
Buyer's Agent
Vickie Jacobs
Tierra Antigua Realty
List Price
$200,000
Sold Price
$240,000
Premium/Discount to List
$40,000
20%
Views
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$23,170
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$298,548

Purchase Details

Listed on
Mar 9, 2023
Closed on
Feb 9, 2023
Sold by
Washburn Sudaphan
Bought by
First Fed'L
Seller's Agent
Danielle Gebbia
Peak Realty Investments
Buyer's Agent
Vickie Jacobs
Tierra Antigua Realty
List Price
$200,000
Sold Price
$240,000
Premium/Discount to List
$40,000
20%
Views
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$23,170
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$298,548

Purchase Details

Closed on
Apr 20, 1999
Sold by
Genzman Troy M
Bought by
Washburn Suda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cepin Blanca $240,000 Title Security Agency
Cepin Blanca $240,000 Title Security Agency
First Fed'L $175,000 Title Security Agency
First Federal Llc $175,000 Title Security Agency
Washburn Suda $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cepin Blanca $192,000
Closed Cepin Blanca $192,000
Previous Owner Washburn Suda $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $240,000 +20.0% $138 / Sq Ft
03/09/2023 03/09/23 For Sale $200,000 -- $115 / 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
2025 $1,694 $12,807 -- --
2024 $1,625 $12,197 -- --
2023 $840 $11,617 $0 $0
2022 $840 $11,063 $0 $0
2021 $826 $5,988 $0 $0
2020 $777 $14,427 $0 $0
2019 $740 $13,997 $0 $0
2018 $690 $8,669 $0 $0
2017 $641 $8,669 $0 $0
2016 $608 $8,256 $0 $0
2015 $565 $7,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Danielle Gebbia

    Peak Realty Investments

    Section Image

  • G

    Seller Co-Listing Agent in 2023

    Gus Maughan

    Peak Realty Investments

  • Vickie Jacobs

    Buyer's Agent in 2023

    Vickie Jacobs

    Tierra Antigua Realty

    (520) 331-3044

    1 in this area

    44 Total Sales

    Vickie Jacobs
    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 22305314

MLS of Southern Arizona

APN: 131-08-0010

Arizona Pima County Tucson 85711 Corbett

5902 E 22nd St, Tucson, AZ

Not Listed for Sale

MultiFamily

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