NOT LISTED FOR SALE

Estimated Value: $263,230 - $557,000

5 Beds
3 Baths
2,103 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $230,000 $109 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,475/month

40 Days on Market

Highlights

  • Mountain View
  • Eat-In Kitchen
  • Slab Porch or Patio
  • Corner Lot
  • Bathtub with Shower
  • Living Room

About This Home

As of January 2019

Don't miss this great investment opportunity near the University of Arizona! The property has three units: Two 2 bed/1 baths and one 1 bed/ 1 bath. Currently, the property brings in a gross income of $1,930/ month, but is projected to bring in $2,100 per the management company beginning in August 2019. This is located in an appreciating area just south of the Grant road expansion, the newly built Starbucks on speedway & 6th ave, etc. This one will go quick! Call the listing agent with any questions/interest.

Last Listed By

Stephen McNair-Larese

Keller Williams Southern Arizona Listed on: 11/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,997

Year Built

  • 1952

Lot Details

  • 7,355 Sq Ft Lot
  • Lot Dimensions are 25.26' x 122.76' x 50' x 122.76' x 24.74'
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Patio Home
  • Brick Exterior Construction
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 2,103 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Ground Level

Listing and Financial Details

  • $1,997 special tax assessment

Community Details

Overview

  • Biltmore Resub Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $800
  • Professional Management Expense $2,316
  • Water Sewer Expense $1,080
  • Gross Income $25,200
  • Net Operating Income $17,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,997

Year Built

1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Patio Home
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: BILTMORE RESUB LOT 14 BLK 3
  • Attached Detached: Detached
  • List Price per Sq Ft: 109.37
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 550.00
  • Unit Info Average Monthly Rent Two Bedroom: 690.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Plant Shelves, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2103.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Gas Range, Refrigerator

Exterior Features

  • Construction: Brick, Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

Utilities

  • Water: City Water
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: Window Bars
  • Security Other: doors
  • Sewer: Connected
  • Water Heater None: to come

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks, Street Lights

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 1900.00
  • Expenses Taxes Assessments: 1996.97

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 25.26' x 122.76' x 50' x 122.76' x 24.74'
  • Lot Features: Corner Lot, Subdivided
  • Lot Size Price Sq Ft: 31.27
  • Lot Sq Ft: 7355.00
  • Lot Sz Sold Prc Sq Ft: 31.27
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 952

Rental Info

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

Tax Info

  • Tax Code: 123-24-0720
  • Taxes: 1996.97
  • Tax Year: 2018
  • 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

Listed on
Nov 29, 2018
Closed on
Jan 7, 2019
Sold by
Wright Jonathan
Bought by
Reilly Bo and Reilly Brianna L
Seller's Agent
Stephen McNair-Larese
Keller Williams Southern Arizona
Buyer's Agent
Gary Roberts
Long Realty
List Price
$230,000
Sold Price
$230,000
Total Days on Market
40
Current Estimated Value
$408,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,743
Avg. Annual Appreciation
9.45%
Original Mortgage
$218,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2017
Sold by
Abraham Morgan
Bought by
Wright Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,033
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2017
Sold by
Hatch David Loy and Hatch Brittany Kay
Bought by
Abraham Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2011
Sold by
Zachmeier Robert J and Zachmeier Camille A
Bought by
Hatch David Loy and Hatch Brittany Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,614
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Stuart Robin M
Bought by
Zachmeier Robert J and Zachmeier Camille 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
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2006
Sold by
Villela Christine
Bought by
Stuart Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Villela Amado
Bought by
Villela Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 27, 2001
Sold by
Sfi Partners
Bought by
Johnson James H

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Tucson, AZ

  • 328 E 24th St, Tucson, AZ 85713

    $420,000

    • 5 Beds
    • 3 Baths
    • 1,879 Sq Ft
    • 328 E 24th St
    • Tucson, AZ

    This brand-new duplex features a 3 Bedrooms and 2 Bathrooms Unit and a 2 Bedrooms and 1 Bathroom unit, making it perfect for either investment or living in one unit and renting out the other one. It is perfectly Located less than 3 miles to U of A and 2 miles to downtown, Close to I-10, come see it before it is too late. Electric and Water meter for each unit.

    Jose Campillo Tierra Antigua Realty

    Section Image
  • 921 E 36th St, Tucson, AZ 85713

    $430,000

    • 5 Beds
    • 3 Baths
    • 1,879 Sq Ft
    • 921 E 36th St
    • Tucson, AZ

    This brand-new duplex features a 3 Bedrooms and 2 Bathrooms Unit and a 2 Bedrooms and 1 Bathroom unit, making it perfect for either investment or living in one unit and renting out the other one. It is perfectly Located less than 4 miles to U of A and 3 miles to downtown, Close to I-10, come see it before it is too late. Electric and Water meter for each unit. Pictures are from another duplex

    Jose Campillo Tierra Antigua Realty

    Section Image
  • 620 E Lester St, Tucson, AZ 85705

    $399,999

    • 4 Beds
    • 4 Baths
    • 2,006 Sq Ft
    • 620 E Lester St
    • Tucson, AZ

    AMAZING OPPURTUNITY! Duplex within walking/biking distance to the UofA. Both sides of the duplex are 2BR/2BA with their own private laundry rooms and backyards! Plenty of off street parking and tons of room for improvements to increase the rent to market value. If you are looking for a fantastic investment opportunity with tons of room for growth look no further!

    Chad Stapley Redi Rentals

    Section Image
  • 520 E Glenn St, Tucson, AZ 85705

    $300,000

    • 4 Beds
    • 2 Baths
    • 1,512 Sq Ft
    • 520 E Glenn St
    • Tucson, AZ

    Perfect for first-time investors or portfolio expansion, this centrally located duplex offers two 2-bed, 1-bath units--great for rental income. Live in one and rent the other! No carpet in either unit. A solid opportunity in prime Central Tucson!

    Angela Kuzma Keller Williams Southern Arizona

    Section Image
  • 2931 N Mitch Dr, Tucson, AZ 85719

    $465,000

    • 7 Beds
    • 4 Baths
    • 2,505 Sq Ft
    • 2931 N Mitch Dr
    • Tucson, AZ

    Two Homes on One Lot - Investment or Multi-Generational Living Opportunity Near UofA Campus! Perfectly situated at the end of a quiet cul-de-sac on a .2 acre lot. The front home is 3 Br, 2 Ba, 1231 sqft with a private gated court yard entry and gated driveway, built in 1955. The rear home was built in 2007 with 4 Br, 2 Ba, 1274 sq ft, private driveway, open floor plan, polished concrete floors.

    Tim Harris Long Realty

    Section Image
  • 28 E Glenn St, Tucson, AZ 85705

    $369,000

    • 5 Beds
    • 2 Baths
    • 1,517 Sq Ft
    • 28 E Glenn St
    • Tucson, AZ

    This beautiful recently renovated property would be a solid addition to any savvy investor's portfolio. The 5 bedroom duplex (3/1 & 2/1) features granite countertops, water resistant vinyl plank flooring, newer HVAC, water heaters, interior paint, light fixtures and upgraded meter and electrical panel. Units are separately metered. Buyer and buyer's agent to verify all facts and figures.

    Larry Burr ATLAS AZ, LLC

    Section Image
  • 2937 N Los Altos Ave, Tucson, AZ 85705

    $425,000

    • 5 Beds
    • 2 Baths
    • 1,880 Sq Ft
    • 2937 N Los Altos Ave
    • Tucson, AZ

    Attention investors!You do not want to miss this opportunity. Detached duplex. Main unit is 3 bed 2 bath FULLY remodeled. Second unit is NEW Construction 2 bed 1 bath. Each unit has private yards, private laundry and onsite parking. Individually metered. Tenants pay all utilities. Front New Construction unit has some pending work to be done. Photos show what end result will be.Agent is related to

    Liliana Quintero Realty Executives Arizona Territory

    Section Image
  • 3030 N 2nd Ave, Tucson, AZ 85705

    $399,900

    • 4 Beds
    • 2 Baths
    • 1,690 Sq Ft
    • 3030 N 2nd Ave
    • Tucson, AZ

    Fully remodeled duplex in central Tucson. Charming and spacious 2 bed 1 bath units. When you step in you are immediately greeted by the Bee Hive fireplace. To your left you have the kitchen & dining area featuring all new cabinets, appliances & quartz countertops. Along with tile backsplash.In the back of the units you will find the bedrooms & the bathroom just off the second bedroom. The Vanity

    Liliana Quintero Realty Executives Arizona Territory

    Section Image
  • 948 N 10th Ave, Tucson, AZ 85705

    $459,000

    • 3 Beds
    • 2 Baths
    • 1,382 Sq Ft
    • 948 N 10th Ave
    • Tucson, AZ

    Beautifully rebuilt 1940s bungalow in downtown Tucson with rare flexible layout. Zoned R-2 and featuring three private coded entries, this home offers a 2BR main residence plus an attached 379 sq ft guest suite with its own kitchen and private or shared bath--ideal as a primary suite, rental apartment, or multigenerational space. Enjoy quartz and butcher block countertops, soft-close drawers,

    Jared English Congress Realty

    Section Image

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
Reilly Bo $230,000 Catalina Title Agency
Wright Jonathan $219,000 Catalina Title Agency
Abraham Morgan $155,000 Title Security Agency Llc
Hatch David Loy $173,000 Tstti
Zachmeier Robert J $137,630 Tstti
Stuart Robin M $245,000 None Available
Stuart Robin M $245,000 None Available
Villela Christine -- Ticor
Villela Christine $150,000 Ticor
Johnson James H $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Bo $240,000
Closed Reilly Bo $240,000
Closed Reilly Bo $218,500
Previous Owner Wright Jonathan $215,033
Previous Owner Abraham Morgan $82,500
Previous Owner Abraham Morgan $124,000
Previous Owner Hatch David Loy $168,614
Previous Owner Zachmeier Robert J $160,000
Previous Owner Stuart Robin M $171,500
Previous Owner Villela Christine $120,000
Closed Stuart Robin M $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $230,000 0.0% $109 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $230,000 -- $109 / 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 $2,246 $20,198 -- --
2023 $2,246 $19,237 -- --
2022 $2,238 $18,321 $0 $0
2021 $2,246 $16,617 $0 $0
2020 $2,155 $17,633 $0 $0
2019 $2,093 $17,507 $0 $0
2018 $1,997 $14,355 $0 $0
2017 $1,906 $14,355 $0 $0
2016 $2,137 $13,671 $0 $0
2015 $2,062 $13,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21831475

MLS of Southern Arizona

APN: 123-14-0720