NOT LISTED FOR SALE

Estimated Value: $424,000 - $482,000

6 Beds
3 Baths
2,511 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $245,900 $98 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,650/month

57 Days on Market

Highlights

  • 0.27 Acre Lot
  • Contemporary Architecture
  • Eat-In Kitchen
  • Mountain View
  • Family Room Off Kitchen
  • Double Pane Windows

About This Home

As of May 2018

New (built 2003) triplex with three 2/1 units. Live in one and the other rents pay the mortgage. Do the numbers!Two units freshly painted inside and new carpet. park at your doorstep. Huge call center just west of Pantano, Family Dollar steps away and right across the street from Santa Rita HS. Well cared for and priced to sell!

Last Agent to Sell the Property

Tom Campbell

Long Realty Listed on: 03/21/2018

Long Realty

Last Buyer's Agent

Matthew Tennyson

Realty Executives Southern AZ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50x445
  • East or West Exposure
  • Desert Landscape

Home Design

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

Interior Spaces

  • 2,511 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Carpet
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 6 Parking Spaces
  • Driveway

Location

  • Ground Level

Schools

  • Ford Elementary School
  • Secrist Middle School
  • Santa Rita High School

Utilities

  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • $3,186 special tax assessment

Community Details

Overview

  • Lakeside No. 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,300
  • Professional Management Expense $2,300
  • Water Sewer Expense $1,100
  • Gross Income $22,686
  • Net Operating Income $14,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Contemporary
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: Lakeside No 2 E50' W350' S235' Blk 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 98.73
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet
  • Gross Sq Ft: 2511.00
  • Bathroom Features: Shower & Tub/Hall, Shower Only/Primary
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Countertops: laminate
  • Laundry Other: hook ups ea unit
  • Living Areas: Living Room, Off Kitchen
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Natural Desert
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s), Sunrise
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 3186.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.27
  • Lot Dimensions: 50X445
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 21.08
  • Lot Sq Ft: 11761.00
  • Lot Sz Sold Prc Sq Ft: 20.91
  • Municipality Zoning: Tucson - C1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2003

Rental Info

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

Tax Info

  • Tax Code: 136-19-2110
  • Taxes: 3186.00
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Secrist
  • Elementary School: Ford
  • High School: Santa Rita
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2018
Sold by
Jones Robin L and Jones Doris M
Bought by
7979 East Escalante Road Llc
Current Estimated Value
$446,078

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 18, 2018
Sold by
Tats Properties Llc
Bought by
Jones Robin L and Jones Doris M
Seller's Agent
Tom Campbell
Long Realty
Buyer's Agent
Matthew Tennyson
Realty Executives Southern AZ
List Price
$245,900
Sold Price
$245,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$167,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Burns Steven D and Burns Alexis L
Bought by
Tats Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2005
Sold by
Schmitz Richard D
Bought by
Burns Steven D and Burns Alexis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Goodwin Ellen T
Bought by
Schmitz Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Clock Investment
Bought by
Schmitz Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Mendez Sergio
Bought by
Clock Investment

Purchase Details

Closed on
Oct 7, 2003
Sold by
Armstrong Latasha
Bought by
Mendez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,980
Interest Rate
6.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2002
Sold by
Riley Donald R
Bought by
Armstrong Latasha

Purchase Details

Closed on
Nov 27, 2001
Sold by
Urena Rose G
Bought by
Riley Donald R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7979 East Escalante Road Llc -- None Available
Jones Robin L $245,900 Stewart Title & Trust Of Tuc
Tats Properties Llc $285,000 None Available
Burns Steven D $285,000 --
Schmitz Richard D -- --
Schmitz Richard D -- --
Schmitz Richard D $249,000 --
Schmitz Richard D $249,000 --
Clock Investment -- --
Mendez Sergio $243,000 --
Mendez Sergio -- --
Mendez Sergio -- --
Mendez Sergio $243,000 --
Armstrong Latasha -- --
Riley Donald R $23,000 --
Riley Donald R -- --
Riley Donald R -- --
Riley Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robin L $167,900
Previous Owner Tats Properties Llc $28,500
Previous Owner Burns Steven D $228,000
Previous Owner Schmitz Richard D $199,200
Previous Owner Mendez Sergio $221,980
Closed Burns Steven D $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $245,900 0.0% $98 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $245,900 -- $98 / 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 $3,615 $27,331 -- --
2024 $3,468 $26,030 -- --
2023 $3,272 $24,790 $0 $0
2022 $3,288 $23,610 $0 $0
2021 $3,275 $21,864 $0 $0
2020 $3,236 $21,864 $0 $0
2019 $3,276 $22,421 $0 $0
2018 $3,204 $19,373 $0 $0
2017 $3,186 $19,373 $0 $0
2016 $3,106 $18,450 $0 $0
2015 $3,012 $17,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21808075

MLS of Southern Arizona

APN: 136-19-2110