NOT LISTED FOR SALE

840 E Elm St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $416,998

3 Beds
4 Baths
1,860 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2018

Last sale price $240,000 $129 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,562 / mo

41 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Circular Driveway
  • Ranch Style House
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of December 2018

Very clean tri-plex that is an in demand rental. Close proximity to U of A. Consistently rented. Excellent price for investment. All 3 units have a backyard as well as off street parking. Consists of a two bedroom unit, a one bedroom and a studio. Shown by appt only with 48 hours notice. Please do not disturb tenants.

Last Agent to Sell the Property

Jolene Neubaum

Coldwell Banker Realty License #BR006632000 Listed on: 10/03/2018

Coldwell Banker Realty

Co-Listed By

Rick Syres

Coldwell Banker Realty

Last Buyer's Agent

Robert Bobby Riv Burchette

Tierra Antigua Realty

Tierra Antigua Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 75' x 150'
  • Property fronts an alley
  • Wood Fence
  • Chain Link Fence
  • Landscaped with Trees

Home Design

  • Triplex
  • Ranch Style House
  • Brick or Stone Mason
  • Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Lead Paint Disclosure

Interior Spaces

  • 1,860 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 8 Parking Spaces
  • Circular Driveway
  • RV Access or Parking

Schools

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

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Phone Connected

Additional Features

  • North or South Exposure
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,107 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $800
  • Water Sewer Expense $1,980
  • New Taxes Expense $2,107
  • Operating Expense $4,887
  • Gross Income $20,880
  • Net Operating Income $15,993

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Horses: No
  • LotSizeAcres: 0.26
  • Lot Size: 75' x 150'
  • Road Surface Type: Paved
  • CapRate: 6.66
  • Co List Office Mls Id: 70202
  • Co List Office Phone: 520-906-0905
  • Co List Office Mls Id: 70202
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: University Home Addition
  • Location Tax Legal: Tax Year: 2018
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - R2
  • Location Tax Legal: Municipal Flood Zone: No
  • General Property Information: Dwelling Type: Triplex
  • General Property Information: Construction Status: Existing
  • General Property Information: Lot Dimensions: 75' x 150'
  • General Property Information: Horse Property: No
  • General Property Information: Elementary School: Blenman
  • General Property Information: Middle School: Doolen
  • General Property Information: High School: Catalina
  • General Property Information: Horse Facilities: No
  • General Property Information: List Price/SqFt: 132.8
  • General Property Information: Lot Size Price/SqFt: 21.81
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Water Heater: Natural Gas: Yes
  • Association Fees: HOA: No
  • Technology: Telephone: Yes
  • Landscape - Front: Trees: Yes
  • Landscape - Rear: Trees: Yes
  • PatioDeck: Covered: Yes
  • Driveway: Paved: Gravel
  • Subdivision Restrict: CC&Rs: No
  • Construction: Frame: Yes
  • Construction: Brick: Yes
  • Property Disclosures: Lead-Based Paint: Yes
  • Driveway: Circular: Yes
  • Fence: Chain Link: Yes
  • Main Heating: Gas Pac: Yes
  • Driveway: To Property Line: Yes
  • Location Tax Legal: FEMA Flood Zone: No
  • Fence: Wood: Yes
  • General Property Information: Attached/Detached: Attached
  • Unit 1 Information: Stories: Single
  • Unit 2 Information: Stories: Single
  • Lot Features: North/South Exposure: Yes
  • Subdivision Restrict: Age Restrictions: No
  • Subdivision Restrict: Deed Restrictions: No
  • Main Cooling: Wall Unit(s): Yes
  • Style: Ranch: Yes
  • Unit 3 Information: Stories: Single
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features Appliance Color: White
  • Appliances: Electric Range, Gas Range, Refrigerator
  • Kitchen Features: Gas Range: Yes
  • Interior Features: Ceiling Fan(s): Yes
  • Interior Features: Walk-In Closet(s): Yes
  • Floor Covering: Ceramic Tile: Yes
  • Window Covering: Stay: Yes
  • Floor Covering: Carpet: Yes
  • Kitchen Features: Electric Range: Yes
  • Laundry: None: Yes
  • UnitTypeFurnished: No
  • UnitTypeFurnished: No
  • Unit 1 Information: Furnished: No
  • Unit 2 Information: Floor: 1st
  • Unit 2 Information: Furnished: No
  • Living Areas: Living Room: Yes
  • Interior Features: Smoke Detector: Yes
  • Dining Areas: Eat-In Kitchen: Yes
  • UnitTypeFurnished: No
  • Unit 3 Information: Furnished: No
  • Interior Features: Split Bedroom Plan: Yes

Exterior Features

  • ExteriorFeatures: None
  • Roof: Rolled, Shingle
  • View: None
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Covered
  • Roof: Rolled: Yes
  • Roof: Shingle: Yes

Garage/Parking

  • Parking Features: Circular
  • RV Parking: Space Available: Yes
  • General Property Information: Total Parking: 8
  • Unit 2 Information: Parking: On Property
  • Unit 3 Information: Parking: On Property

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: None
  • Cooling: Central Air, Wall Unit(s)
  • Heating Yn: Yes
  • Water Source: Public
  • Gas: Natural: Yes

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2107.0
  • Annual Water Sewer Expense: 1980.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided, Decorative Gravel
  • Lot Size Sq Ft: 21.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1954

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2018
  • New Taxes Expense: 2107.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 20880.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 15993.0
  • Annual Operating Expense: 4887.0

MLS Schools

  • Elementary School: Blenman
  • High School: Catalina

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 10, 2018
Sold by
Hammack Billy
Bought by
Seller's Agent
Jolene Neubaum
Coldwell Banker Realty
Buyer's Agent
Robert Bobby Riv Burchette
Tierra Antigua Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$416,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,998
Avg. Annual Appreciation
7.36%
Original Mortgage
$180,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North University, AZ

  • Katharine Byerley Real Estate Agent - Tierra Antigua Realty

    Katharine Byerley

    Tierra Antigua Realty

    (520) 873-9267

    45 Total Sales

    1 in North University

    $615,000 Price

    Katharine Byerley
     Section Image
  • David Guthrie Real Estate Agent - Realty Executives Arizona Territory

    David Guthrie

    Realty Executives Arizona Territory

    (520) 999-7165

    118 Total Sales

    1 in North University

    $357,500 Price

    David Guthrie
     Section Image
  • Michael Rhodes Real Estate Agent - Realty Executives Arizona Territory

    Michael Rhodes

    Realty Executives Arizona Territory

    (520) 441-8475

    1,509 Total Sales

    2 in North University

    $358K - $490K Price Range

    Michael Rhodes
     Section Image
  • Javier Olono Real Estate Agent - Realty Executives Arizona Territory

    Javier Olono

    Realty Executives Arizona Territory

    (520) 900-1029

    124 Total Sales

    1 in North University

    $700,000 Price

    Javier Olono
     Section Image
  • Kathy Baldauf Real Estate Agent - Long Realty

    Kathy Baldauf

    Long Realty

    (520) 783-6394

    94 Total Sales

    1 in North University

    $350,000 Price

    Kathy Baldauf
     Section Image
  • Lori Mares Real Estate Agent - Long Realty

    Lori Mares

    Long Realty

    (520) 829-4464

    251 Total Sales

    1 in North University

    $295,000 Price

    Lori Mares
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 Title Security Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $179,500
Closed Bellini Jonathan $180,000
Previous Owner Hammack Billy $146,200
Previous Owner Hammack Billy $65,000
Previous Owner Hammack Billy $98,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $240,000 0.0% $129 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $240,000 -- $129 / Sq Ft
Source: MLS of Southern Arizona

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,490 $19,764
2025 $2,490 $18,823
2024 $2,389 $17,927
2023 $2,254 $17,073 $0 $0
2022 $2,265 $16,260 $0 $0
2021 $2,252 $14,748 $0 $0
2020 $2,183 $15,790 $0 $0
2019 $2,154 $15,677 $0 $0
2018 $2,107 $12,740 $0 $0
2017 $2,095 $12,740 $0 $0
2016 $2,030 $12,133 $0 $0
2015 $1,970 $11,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JN

    Seller's Agent in 2018

    Jolene Neubaum

    Coldwell Banker Realty

    Section Image

  • RS

    Seller Co-Listing Agent in 2018

    Rick Syres

    Coldwell Banker Realty

    Section Image

  • MR

    Buyer Co-Listing Agent in 2018

    Michael Rapp

    Tierra Antigua Realty

    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 21826684

MLS of Southern Arizona

APN: 123-15-0400

Arizona Pima County Tucson 85719 North University

840 E Elm St, Tucson, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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