NOT LISTED FOR SALE

655 E Drachman St Tucson, AZ 85705

Feldman's Neighborhood

Estimated Value: $710,000 - $761,812

9 Beds
6 Baths
3,132 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $550,000 $176 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,044/month

16 Days on Market

Highlights

  • RV Parking in Community
  • Breakfast Area or Nook
  • Living Room
  • Contemporary Architecture
  • Bathtub with Shower
  • Laundry closet

About This Home

As of March 2021

Just blocks to the University of Arizona, this is a prima location. This 2 story tri-plex consists of three 3 large bedroom 2 bath units. This central location is close to everything, shopping, restaurants, I-10, Pima CC, malls, hospitals and bus routes. Exterior just painted, enclosed yards, great condition. Call Danny for package deals for more units in the area - up to 36 units.

Last Agent to Sell the Property

Danny Roth

Keller Williams Southern Arizona Listed on: 02/13/2021

Last Buyer's Agent

Patrick Chamberlin

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1996

Lot Details

  • 6,381

Home Design

  • Triplex
  • Contemporary Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 3,132 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range

Parking

  • 10 Parking Spaces
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • 6,381 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • $2,335 special tax assessment

Community Details

Overview

  • Tucson Heights Amended Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $350
  • Professional Management Expense $4,320
  • Water Sewer Expense $1,050
  • Gross Income $52,380
  • Net Operating Income $38,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: TUCSON HEIGHTS AMENDED S 50' OF LOTS 13 & 14 BLK 31
  • Attached Detached: Attached
  • List Price per Sq Ft: 174.01
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Three Bedroom: 1350.00
  • Unit Info Number Of Units3 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 3132.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Electric Range
  • Interior Steps: Yes

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 10

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 5400.00
  • Expenses Taxes Assessments: 2335.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 85.41
  • Lot Sq Ft: 6381.00
  • Lot Sz Sold Prc Sq Ft: 86.19
  • Municipality Zoning: Pima County - CR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1996

Rental Info

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

Tax Info

  • Tax Code: 115-02-2130
  • Taxes: 2334.79
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Ryan Mainwaring
Bought by
Red Canyon Investment Group Ll
Current Estimated Value
$729,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$452,242
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$277,211

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 10, 2021
Sold by
Copper Country Properties Llc
Bought by
Mainwaring Ryan and Allred Sean
Seller's Agent
Danny Roth
Keller Williams Southern Arizona
Buyer's Agent
Patrick Chamberlin
United Real Estate Specialists
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Nov 20, 1995
Sold by
Regional Investment Properties
Bought by
Bratton Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Red Canyon Investment Group Ll -- --
Red Canyon Investment Group Ll -- --
Mainwaring Ryan $550,000 Premier Title Agency
Copper Country Properties Llc -- Premier Title Agency
Bratton Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Canyon Investment Group Ll $490,000
Closed Red Canyon Investment Group Ll $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $550,000 0.0% $176 / Sq Ft
02/13/2021 02/13/21 For Sale $550,000 -- $176 / 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 $2,663 $20,131 -- --
2024 $2,555 $19,172 -- --
2023 $2,422 $18,259 $0 $0
2022 $2,422 $17,390 $0 $0
2021 $2,408 $15,773 $0 $0
2020 $2,335 $24,579 $0 $0
2019 $2,304 $24,553 $0 $0
2018 $2,254 $13,625 $0 $0
2017 $2,241 $13,625 $0 $0
2016 $2,192 $12,976 $0 $0
2015 $2,116 $12,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Danny Roth

    Keller Williams Southern Arizona

  • P

    Buyer's Agent in 2021

    Patrick Chamberlin

    United Real Estate Specialists

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22104025

MLS of Southern Arizona

APN: 115-02-2130

Arizona Pima County Tucson 85705 Feldman's

655 E Drachman St, Tucson, AZ

Not Listed for Sale

MultiFamily

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