NOT LISTED FOR SALE

Estimated Value: $501,000 - $583,000

3 Beds
3 Baths
1,393 Sq Ft
$383/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $421,000 $302 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,195/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Covered patio or porch
  • City View
  • Quartz Countertops
  • Breakfast Bar

About This Home

As of January 2022

Loads of character & charm in this historic house and guest house/studio across the street from University of Arizona; utilities separately metered for great income opportunity. Open floor plan has living/dining rm w/craftsman brick fireplace, high ceilings, original trim around windows & doors, original craftsman doors, picture window for bountiful natural light, & handsome hardwood floors. Urban kitchen showcases ample white cabinetry, sparkling SS appliances, subway tile backsplash, stylish tile floors, & lots of counter space for your cooking needs. The large main bedroom offers pristine bathroom and a walk-in closet. Another bedroom also has private bath & a sizable closet. PLUS!! Well-sized basement accessible from the outside that you can turn into storage &/or workshop!

Last Listed By

Erica Hoffman

eXp Realty Listed on: 12/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1934

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 48x106x34x6x14x100
  • East or West Exposure
  • Block Wall Fence
  • Desert Landscape
  • Shrub
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Frame With Stucco
  • Shingle Roof
  • Masonry

Interior Spaces

  • 1,393 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Covered patio or porch

Location

  • Ground Level
  • The property is located in a historic district

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

Listing and Financial Details

  • $2,607 special tax assessment

Community Details

Overview

  • Buells Add Subdivision

Building Details

  • Insurance Expense $474
  • Water Sewer Expense $1,440
  • Gross Income $25,200
  • Net Operating Income $20,679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: High Speed Internet
  • Accessibility Options: None
  • Legal Description: Buells N48' S2 Lots 9 & 10 & E6' N34' S80' Lot 11 Blk 9
  • Attached Detached: Detached
  • List Price per Sq Ft: 269.20
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 1300.00
  • Unit Info Average Monthly Rent Studios: 800.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Studios: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector, Storage
  • Floor Covering Other: Laminate
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Wood
  • Gross Sq Ft: 1393.00
  • Bathroom Features: Shower & Tub/Primary, Shower Only/Hall
  • Breakfast: Bar
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Countertops: Quartz
  • Kitchen Features Pantry: Cabinet
  • Kitchen Features Microwave: mounted
  • Living Areas: Living Room
  • Laundry: Dryer Included, Outside, Washer Included
  • Extra Room Other: Basement
  • Kitchen Features: Breakfast Bar, Dishwasher, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco, Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Desert Plantings, Low Care, Natural Desert, Shrubs, Trees
  • Landscape Rear: Low Care, Shrubs
  • Patio Deck: Covered, Patio, Screened
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: City, Residential
  • Exterior Feature: Courtyard

Garage/Parking

  • Total Parking: 3

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), 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: Historic, Paved Street, Sidewalks, Street Lights

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2607.00

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: 0.12
  • Lot Dimensions: 48x106x34x6x14x100
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 74.87
  • Lot Sq Ft: 5009.00
  • Lot Sz Sold Prc Sq Ft: 84.05
  • Municipality Zoning: Tucson - HR3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1934

Rental Info

  • Utilities Paid Cable TV: Owner
  • 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: 124-05-095A
  • Taxes: 2607.01
  • 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
Dec 2, 2021
Closed on
Dec 16, 2021
Sold by
Do Yen Thi Kim and Tran Bech Tung
Bought by
Urie Kenneth Horner and Urie Susan Horner
Seller's Agent
Erica Hoffman
eXp Realty
Buyer's Agent
Angela Kuzma
Keller Williams Southern Arizona
List Price
$375,000
Sold Price
$421,000
Premium/Discount to List
$46,000
12.27%
Total Days on Market
5
Current Estimated Value
$533,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,247
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jan 3, 2017
Sold by
Acm Ventures Llc
Bought by
Tran Bach Tung Vu and Do Yen Thi Kim
Seller's Agent
Alan Murdock
Realty Executives Arizona Territory
Buyer's Agent
Kent Simpson
Long Realty
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$227,900
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
Clark Mark T and Brong Stephen E
Bought by
Acm Ventures Llc

Purchase Details

Closed on
Feb 16, 2005
Sold by
Pattymark Llc
Bought by
Clark Mark T and Brong Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2004
Sold by
Rapp Jeffrey G and Rapp Diedre A
Bought by
Hovda Norman T and Hovda Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1994
Sold by
Ollason Lawrence and Ollason Marcha
Bought by
Rapp Jeffrey G and Rapp Diedre A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
8.57%
Mortgage Type
Seller Take Back

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
Urie Kenneth Horner $421,000 Fidelity Natl Ttl Agcy Inc
Urie Kenneth Horner $421,000 Fidelity National Title
Tran Bach Tung Vu $239,900 Long Title Agency Inc
Tran Bach Tung Vu $239,900 Long Title Agency Inc
Acm Ventures Llc $172,001 None Available
Acm Ventures Llc $172,001 None Available
Clark Mark T -- --
Clark Mark T -- --
Hovda Norman T $200,000 --
Hovda Norman T $200,000 --
Rapp Jeffrey G $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Bach Tung Vu $224,000
Previous Owner Tran Bach Tung Vu $227,900
Previous Owner Clark Mark T $204,000
Previous Owner Hovda Norman T $160,000
Previous Owner Rapp Jeffrey G $74,500
Closed Hovda Norman T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $421,000 +12.3% $302 / Sq Ft
12/02/2021 12/02/21 For Sale $375,000 +56.3% $269 / Sq Ft
01/06/2017 01/06/17 Sold $239,900 0.0% $188 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $239,900 -- $188 / 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 $2,686 $24,431 -- --
2023 $2,686 $23,268 $0 $0
2022 $2,707 $22,160 $0 $0
2021 $2,716 $20,099 $0 $0
2020 $2,607 $20,099 $0 $0
2019 $2,532 $23,064 $0 $0
2018 $2,415 $17,363 $0 $0
2017 $2,856 $17,363 $0 $0
2016 $3,331 $19,976 $0 $0
2015 $3,389 $19,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22130624

MLS of Southern Arizona

APN: 124-05-095A