NOT LISTED FOR SALE

825 E 8th St Tucson, AZ 85719

Rincon Heights Neighborhood

Estimated Value: $570,856 - $659,000

4 Beds
3 Baths
2,018 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $352,500 $175 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,777/month

41 Days on Market

Highlights

  • Covered Patio or Porch
  • Bathtub with Shower
  • Bungalow
  • Eat-In Kitchen
  • Living Room
  • Shed

About This Home

As of June 2019

Fantastic Cashflow! Clean and well cared for. Two blocks from University of Arizona campus! Perfect for parents with a UofA student. Easy FREE parking. Currently fully occupied however, Two leases end this summer, leaving buyer option to renew leases with tenants, or occupy a unit if desired! New Mini Split AC units and water heaters in all units in past 2 years. 2bd unit has washer. Other units do not. Laundromat walking distance. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Rebekah Bonilla

HomeSmart Advantage Group Listed on: 04/20/2019

HomeSmart Advantage Group

Co-Listed By

Peter Wilkins

HomeSmart Advantage Group

Last Buyer's Agent

Heather Llewellyn

Zip Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1938

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 47x200x48x199

Home Design

  • Triplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • Pedestal Sink
  • Bathtub with Shower

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level
  • Flood Zone Lot

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $2,171 special tax assessment

Community Details

Overview

  • Buells Add Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $1,608
  • Water Sewer Expense $125
  • Gross Income $32,455
  • Net Operating Income $25,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Triplex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Buells Lot 5 Exc E1' Of S160' Of Lot 5 Blk 23
  • Attached Detached: Attached
  • List Price per Sq Ft: 185.33
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2018.00
  • Bathroom Features: Pedestal Sink(s), Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Dining Room Other: Kitchen Area
  • Kitchen Features Oven: Ovens
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick, Slump Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: Yes
  • Fence: None
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Shingle
  • Spa: None
  • View: None
  • Exterior Feature: Shed(s)

Garage/Parking

  • R V Parking Other: NONE/NOT ALLOWED
  • Total Parking: 5

Utilities

  • Water: Public
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Cooling Other: split ductless
  • Main Heating: Heat Pump
  • 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: Actual
  • Expenses Other Expenses: 2850.00
  • Expenses Taxes Assessments: 2171.06

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 47x200x48x199
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 40.88
  • Lot Sq Ft: 9148.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: Yes

Building Info

  • Year Built: 1938

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: 124-06-0080
  • Taxes: 2274.90
  • Tax Year: 2018
  • 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

Closed on
Sep 10, 2020
Sold by
Elkins Kari
Bought by
Elkins Kari and Kari L Elkins Living Trust
Current Estimated Value
$489,670

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jun 4, 2019
Sold by
Pelon Robert Carl and Malikova Eva
Bought by
Elkins Kari
Seller's Agent
Rebekah Bonilla
HomeSmart Advantage Group
Buyer's Agent
Heather Llewellyn
Zip Realty
List Price
$352,500
Sold Price
$352,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$321,215
Outstanding Balance
$282,993
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$319,292

Purchase Details

Closed on
Apr 21, 2016
Sold by
Heitmeier Tracy L and Limon Lilia L
Bought by
Pelon Robert Carl and Malikova Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,106
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2007
Sold by
Cbs Llc
Bought by
Heitmeier Tracy L and Limon Lilia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Hochuli Walter W
Bought by
Cbs Llc
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
Elkins Kari -- None Available
Elkins Kari $352,500 Fidelity Natl Ttl Agcy Inc
Pelon Robert Carl $281,200 Security Title Agency Inc
Heitmeier Tracy L $310,000 None Available
Heitmeier Tracy L $310,000 None Available
Cbs Llc $1,550,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkins Kari $321,215
Previous Owner Pelon Robert Carl $276,106
Previous Owner Heitmeier Tracy L $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $352,500 0.0% $175 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $352,500 -- $175 / 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 $2,545 $21,817 -- --
2024 $2,310 $20,778 -- --
2023 $2,310 $19,789 -- --
2022 $2,302 $18,847 $0 $0
2021 $2,310 $17,094 $0 $0
2020 $2,217 $17,094 $0 $0
2019 $2,385 $23,382 $0 $0
2018 $2,275 $16,353 $0 $0
2017 $2,171 $16,353 $0 $0
2016 $2,648 $15,574 $0 $0
2015 $2,568 $14,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rebekah Bonilla

    HomeSmart Advantage Group

    (520) 225-9856

    17 Total Sales

    Rebekah Bonilla
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Peter Wilkins

    HomeSmart Advantage Group

  • H

    Buyer's Agent in 2019

    Heather Llewellyn

    Zip Realty

  • G

    Buyer Co-Listing Agent in 2019

    Garreth Llewellyn

    Keller Williams Southern Arizona

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21910894

MLS of Southern Arizona

APN: 124-06-0080

Arizona Pima County Tucson 85719 Rincon Heights

825 E 8th St, Tucson, AZ

Not Listed for Sale

MultiFamily

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