NOT LISTED FOR SALE

6502 E Speedway Blvd Tucson, AZ 85710

El GHEKO Neighborhood

Estimated Value: $558,000 - $603,546

3 Beds
2 Baths
2,952 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $485,000 $164 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,696/month

270 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Breakfast Area or Nook
  • 0.71 Acre Lot
  • Covered patio or porch
  • Laundry closet

About This Home

As of May 2023

Mixed use rental property with 1) 1-bedroom apartment, 1) 2-bedroom apartment, 1) office, 1) garage. Owner is currently using the office as an owner-occupant. Proforma NOI estimated at $34,757 per year, cap rate .05%

Last Listed By

Esther Empens

Tierra Antigua Realty Listed on: 08/18/2022

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1978

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 125 x 247 x 125 x 247
  • Chain Link Fence
  • Back and Front Yard

Property Views

  • City
  • Mountain

Home Design

  • Triplex
  • Ranch Style House
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Shower Only in Secondary Bathroom
  • 2,952 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 15 Parking Spaces
  • Driveway

Schools

  • Sewell Elementary School
  • Booth-Fickett Math/Science Magnet Middle School
  • Rincon High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • $1,100 special tax assessment

Community Details

Overview

  • Harold Bell Wright Estates Subdivision

Building Details

  • Fuel Expense $5,283
  • Insurance Expense $1,100
  • Water Sewer Expense $1,914
  • Gross Income $42,864
  • Net Operating Income $30,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,066

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: C
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: HAROLD BELL WRIGHT ESTATES E75' LOT 11 &W50' LOT 10
  • Attached Detached: Attached
  • List Price per Sq Ft: 177.85
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 1100.00
  • Unit Info Average Monthly Rent Two Bedroom: 1200.00
  • Unit Info Avg Mo Rent Other: 1500.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Other: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2952.00
  • Bathroom Features: Shower Only/Hall
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Countertops: laminate
  • Kitchen Features Oven: stove/oven
  • Living Areas: Family Room
  • Laundry: Laundry Closet
  • Extra Room: None

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: City, Mountain(s), Sunset
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 15

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Central Air
  • Main Heating: Electric, Forced Air
  • 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 Gas Electric: 5283.00
  • Expenses Other Expenses: 3000.00
  • Expenses Taxes Assessments: 1100.00

Schools

  • School District: TUSD
  • Elementary School: Sewell
  • Middle School: Booth-Fickett Math/Science Magnet
  • High School: Rincon

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.71
  • Lot Dimensions: 125 x 247 x 125 x 247
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 16.97
  • Lot Sq Ft: 30928.00
  • Lot Sz Sold Prc Sq Ft: 15.68
  • Municipality Zoning: Tucson - O1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1978

Rental Info

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

Tax Info

  • Tax Code: 133-20-0150
  • Taxes: 5066.00
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Booth-Fickett Math/Science Magnet
  • Elementary School: Sewell
  • High School: Rincon
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
May 18, 2023
Sold by
Manx Investment Llc
Bought by
Meeker John Wesley and Meeker Lauralynn F
Seller's Agent
Esther Empens
Tierra Antigua Realty
Buyer's Agent
Elizabeth Holt
Tierra Antigua Realty
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Total Days on Market
270
Views
36
Current Estimated Value
$581,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,887
Avg. Annual Appreciation
5.99%
Original Mortgage
$475,000
Interest Rate
6.28%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2006
Sold by
Hall Arthur Frances and Hall Marylorene
Bought by
Quilliam Management Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2006
Sold by
Quilliam Management Services Llc
Bought by
Manx Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.43%
Mortgage Type
Unknown

Range of Values:

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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
Meeker John Wesley $485,000 Title Security Agency
Quilliam Management Services $437,000 Tfnti
Manx Investment Llc -- Tfnti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meeker John Wesley $475,000
Previous Owner Rancho Valle Escondido Llc $20,000
Previous Owner Manx Investment Llc $350,000
Previous Owner Hall Arthur Frances $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $485,000 -7.6% $164 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $525,000 0.0% $178 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
10/31/2022 10/31/22 Price Changed $525,000 -8.7% $178 / Sq Ft
09/16/2022 09/16/22 Price Changed $575,000 -4.2% $195 / Sq Ft
08/18/2022 08/18/22 For Sale $600,000 -- $203 / 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
2024 $5,374 $40,335 -- --
2023 $5,071 $38,414 $0 $0
2022 $5,096 $36,585 $0 $0
2021 $5,066 $33,183 $0 $0
2020 $4,912 $33,183 $0 $0
2019 $4,847 $39,683 $0 $0
2018 $4,741 $28,665 $0 $0
2017 $4,714 $28,665 $0 $0
2016 $4,552 $27,300 $0 $0
2015 $4,411 $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Southern Arizona

MLS Number: 22221803

MLS of Southern Arizona

APN: 133-20-0150