NOT LISTED FOR SALE

809 E Adams St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $520,000 - $984,000

Studio
-- Bath
1,223 Sq Ft
$547/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $131,500 $108 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $3,981/month

97 Days on Market

About This Home

As of April 2016

Great Investor Opportunity! Unique historic property with three separate bungalows. Just a few short blocks to the University. Hidden within several mature shade trees, each residence has it's own private fenced yard. Property includes 2 studio units, one 1 bedroom unit and parking space for 3 cars (no parking permits required). Claw foot tubs in 2 units. Continually Rented! Property is offered in As Is condition.

Last Agent to Sell the Property

Alison Hawley

Tierra Antigua Realty Listed on: 12/11/2015

Last Buyer's Agent

Alison Hawley

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1928

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • 1,223 Sq Ft Home
  • Triplex
  • Frame Construction

Utilities

  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • No Heating

Community Details

Overview

  • University Home Addition Subdivision

Building Details

  • Gross Income $13,980
  • Net Operating Income $13,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: UNIVERSITY HOME LOT 10 BLK 8
  • List Price per Sq Ft: 118.56
  • Unit Info Average Monthly Rent One Bedroom: 435.00
  • Unit Info Average Monthly Rent Studios: 365.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units Studios: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1223.00

Exterior Features

  • Construction: Frame

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Evaporative Cooling, Wall Unit(s)
  • Main Heating: None
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: 50 x 150
  • Lot Size Price Sq Ft: 19.33
  • Lot Sq Ft: 7500.00
  • Lot Sz Sold Prc Sq Ft: 17.53
  • Municipality Zoning: Tucson - NR2

Building Info

  • Year Built: 1928

Tax Info

  • Tax Code: 123-15-0930
  • Taxes: 1273.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Apr 8, 2016
Sold by
42Nd Street Enterprises Inc
Bought by
Maggie G Thomas Llc
Seller's Agent
Alison Hawley
Tierra Antigua Realty
Buyer's Agent
Alison Hawley
Tierra Antigua Realty
List Price
$131,500
Sold Price
$131,500
Current Estimated Value
$669,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,870
Avg. Annual Appreciation
18.16%
Original Mortgage
$600,000
Outstanding Balance
$475,723
Interest Rate
3.62%
Mortgage Type
Commercial
Estimated Equity
$193,647

Purchase Details

Closed on
Feb 25, 2014
Sold by
Markley Loren Glen
Bought by
42Nd Street Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,557
Interest Rate
4.47%
Mortgage Type
Seller Take Back
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
Maggie G Thomas Llc $131,500 Stewart Title
Maggie G Thomas Llc $131,500 Stewart Title
42Nd Street Enterprises Inc $108,557 None Available
42Nd Street Enterprises Inc $108,557 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maggie G Thomas Llc $600,000
Closed Maggie G Thomas Llc $600,000
Previous Owner 42Nd Street Enterprises Inc $120,557
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $131,500 0.0% $108 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $131,500 -- $108 / 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 $5,775 $43,659 -- --
2024 $5,540 $41,580 -- --
2023 $5,489 $41,580 $0 $0
2022 $5,791 $41,580 $0 $0
2021 $5,758 $37,724 $0 $0
2020 $5,584 $44,288 $0 $0
2019 $5,510 $42,021 $0 $0
2018 $828 $8,090 $0 $0
2017 $824 $8,090 $0 $0
2016 $1,314 $7,705 $0 $0
2015 $1,272 $7,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Alison Hawley

    Tierra Antigua Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21533090

MLS of Southern Arizona

APN: 123-15-0930

Arizona Pima County Tucson 85719 North University

809 E Adams St, Tucson, AZ

Not Listed for Sale

MultiFamily

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