NOT LISTED FOR SALE

Estimated Value: $287,343 - $429,000

3 Beds
3 Baths
1,557 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $180,350 $116 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,104/month

24 Days on Market

Highlights

  • 0.23 Acre Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Ranch Style House
  • Beamed Ceilings
  • Ceramic Tile Flooring

About This Home

As of July 2020

Triplex with great central location. All one bedroom one bath floor plans with central AC/Heat, plank and beam ceilings, large private yards, spacious covered patios, laundry hook up in each unit and off street parking. One of the units will need cosmetic repairs; cleaning, paint etc. All tenants are long term and paying below market rents at an average of $420 per unit. Two of the tenants are on a month to month lease. This analysis is based on projected rents at $650 per unit. Rents in the immediate area for similar units are between $600 and $675 per month.

Last Agent to Sell the Property

David Walsh

Better Homes & Gardens Real Estate - SJ Fowler Listed on: 06/15/2020

Last Buyer's Agent

Misty Morgan

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 71' x 141'
  • East or West Exposure
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Ranch Style House
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,557 Sq Ft Home
  • Beamed Ceilings
  • Family Room
  • Ceramic Tile Flooring
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Gas Range

Parking

  • 6 Parking Spaces
  • Parking Pad

Schools

  • Howell Elementary School
  • Vail Middle School
  • Rincon High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,413 special tax assessment

Community Details

Overview

  • Alvernon Addition Subdivision

Building Details

  • Insurance Expense $750
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,700
  • Gross Income $22,698
  • Net Operating Income $17,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,414

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Alvernon Lot 6 Blk 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 131.66
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units1 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Exposed Beams
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1557.00
  • Bathroom Features: None
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Family Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Gas Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Gas Pac
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 1200.00
  • Expenses Taxes Assessments: 1413.00

Schools

  • School District: TUSD
  • Elementary School: Howell
  • Middle School: Vail
  • High School: Rincon

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.23
  • Lot Dimensions: 71' X 141'
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 20.46
  • Lot Sq Ft: 10019.00
  • Lot Sz Sold Prc Sq Ft: 18.00
  • Municipality Zoning: Tucson - R1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1952

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: 126-06-0070
  • Taxes: 1413.59
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Howell
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Hires George E and Hires Heather J
Bought by
Saguaro Investments & Properties
Current Estimated Value
$373,086

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 15, 2020
Sold by
Lopez Florencio and Lopez Evangelina D
Bought by
Hires George E and Hires Heather J
Seller's Agent
David Walsh
Better Homes & Gardens Real Estate - SJ Fowler
Buyer's Agent
Misty Morgan
Keller Williams Southern Arizona
List Price
$180,350
Sold Price
$180,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
May 1, 2006
Sold by
Sexton Michael
Bought by
Sexton Maria

Purchase Details

Closed on
Feb 17, 2006
Sold by
Lopez Florencio D and Sexton Maria
Bought by
Lopez Florencio
Source: Public Records

Range of Values:

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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
Saguaro Investments & Properties $415,000 Fidelity National Title Agency
Hires George E $180,350 Title Security Agency Llc
Hires George E $180,350 Title Security Agency Llc
Sexton Maria -- Title Guaranty
Lopez Florencio D -- Title Guaranty
Lopez Florencio D $195,000 Title Guaranty Agency Of Az
Lopez Florencio -- None Available
Lopez Florencio -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $180,350 0.0% $116 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $180,350 -- $116 / 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 $1,510 $12,627 -- --
2024 $1,510 $12,025 -- --
2023 $1,510 $11,453 -- --
2022 $1,519 $10,907 $0 $0
2021 $1,510 $9,893 $0 $0
2020 $1,464 $13,817 $0 $0
2019 $1,445 $13,806 $0 $0
2018 $1,414 $8,546 $0 $0
2017 $1,406 $8,546 $0 $0
2016 $1,387 $8,139 $0 $0
2015 $1,345 $7,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22014885

MLS of Southern Arizona

APN: 126-06-0070