NOT LISTED FOR SALE

126 E Michigan Dr Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $95,000 - $186,000

2 Beds
1 Bath
572 Sq Ft
$271/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $59,500 $104 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $880/month

162 Days on Market

Highlights

  • RV Gated
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Southwestern Architecture
  • 1-Story Property
  • Family Room

About This Home

As of December 2017

Calling all Investors! Amazing opportunity to purchase this residential income property in a fabulous location.Very steady income producing property! Currently rented at $595/month.

Last Agent to Sell the Property

Traci Jones

Keller Williams Southern Arizona Listed on: 06/25/2017

Keller Williams Southern Arizona

Co-Listed By

Melissa Hann

Keller Williams Southern Arizona

Last Buyer's Agent

Traci Roberts

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $524

Year Built

  • Built in 1953

Lot Details

  • 6,576 Sq Ft Lot
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Southwestern Architecture
  • Shingle Roof

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Carpet
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Parking

  • Driveway
  • On-Site Parking
  • RV Gated

Location

  • Ground Level

Schools

  • Van Buskirk Elementary School
  • Safford K-8 Magnet Middle School
  • Pueblo High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Fairgrounds Addition Resub Subdivision

Building Details

  • Gross Income $7,140
  • Net Operating Income $7,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$524

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Style: Southwestern
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: FAIRGROUNDS RESUB W10' LOT 11 & E40' LOT 12 BLK 11
  • Attached Detached: Attached
  • List Price per Sq Ft: 104.02
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 595.00
  • Unit Info Number Of Units1 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: Stay
  • Floor Covering: Carpet
  • Gross Sq Ft: 572.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Family Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Double Sink
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • Driveway Paved: Concrete
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Gate

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • 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: Actual

Schools

  • School District: TUSD
  • Elementary School: Van Buskirk
  • Middle School: Safford K-8 Magnet
  • High School: Pueblo

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: Irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 9.05
  • Lot Sq Ft: 6576.00
  • Lot Sz Sold Prc Sq Ft: 9.05
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1953

Rental Info

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

Tax Info

  • Tax Code: 120-09-1680
  • Taxes: 524.41
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Safford K-8 Magnet
  • Elementary School: Van Buskirk
  • High School: Pueblo
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2020
Sold by
J R Burgher Properties Llc
Bought by
Serrano Jannet M
Current Estimated Value
$155,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,957
Outstanding Balance
$50,566
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$104,664

Purchase Details

Listed on
Jun 25, 2017
Closed on
Nov 7, 2017
Sold by
Jasper Mike
Bought by
J R Burgher Properties Llc
Seller's Agent
Traci Jones
Keller Williams Southern Arizona
Buyer's Agent
Traci Roberts
Ochoa Realty & Property Management
List Price
$59,500
Sold Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 8, 2012
Sold by
Springleaf Home Equity Inc
Bought by
Jasper Michael and Jasper Annette
Seller's Agent
Paul Hubble
Cityscapes LLC
Buyer's Agent
Veronica Robles
Country Club Realty
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Ramos Nicolas and Ramos Silvia
Bought by
Springleaf Home Equity Inc

Purchase Details

Closed on
Jan 19, 2005
Sold by
Arnold Barbara
Bought by
Ramos Nicolas and Ramos Sylvia

Purchase Details

Closed on
Dec 31, 2004
Sold by
Arnold Barbara
Bought by
Arnold Barbara

Purchase Details

Closed on
Jul 8, 2002
Sold by
Arnold Barbara Bonillas and Arnold James
Bought by
Ramos Nicolas and Ramos Silvia
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
Serrano Jannet M $59,957 Stewart Title & Tr Of Tucson
J R Burgher Properties Llc $887,000 Stewart Title & Tr Of Tucson
J R Burgher Properties Llc $887,000 Stewart Title & Tr Of Tucson
Three G Homes Llc $887,000 Stewart Title & Tr Of Tucson
J R Burgher Properties Llc $887,000 Stewart Title & Tr Of Tucson
J R Burgher Properties Llc $887,000 Stewart Title & Tr Of Tucson
Jasper Michael $18,000 Tfnti
Springleaf Home Equity Inc $16,000 None Available
Springleaf Home Equity Inc $16,000 None Available
Ramos Nicolas -- --
Ramos Nicolas -- --
Arnold Barbara -- --
Arnold Barbara -- --
Ramos Nicolas $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Jannet M $56,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $59,500 0.0% $104 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
06/25/2017 06/25/17 For Sale $59,500 +230.6% $104 / Sq Ft
02/10/2012 02/10/12 Sold $18,000 0.0% $31 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $18,000 -- $31 / 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 $488 $4,369 -- --
2024 $488 $4,161 -- --
2023 $461 $3,963 $0 $0
2022 $461 $3,774 $0 $0
2021 $523 $3,424 $0 $0
2020 $507 $3,424 $0 $0
2019 $500 $3,261 $0 $0
2018 $514 $3,261 $0 $0
2017 $536 $3,261 $0 $0
2016 $524 $3,145 $0 $0
2015 $546 $3,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Traci Jones

    Keller Williams Southern Arizona

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Melissa Hann

    Keller Williams Southern Arizona

  • T

    Buyer's Agent in 2017

    Traci Roberts

    Ochoa Realty & Property Management

  • P

    Seller's Agent in 2012

    Paul Hubble

    Cityscapes LLC

    (520) 240-6998

    1 Total Sale

    Paul Hubble
    Section Image

  • K

    Seller Co-Listing Agent in 2012

    Kimberlee Thompson

    Cityscapes LLC

  • V

    Buyer's Agent in 2012

    Veronica Robles

    Country Club Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21717138

MLS of Southern Arizona

APN: 120-09-1680

Arizona Pima County Tucson 85714 Fairgrounds

126 E Michigan Dr, Tucson, AZ

This home is located at 126 E Michigan Dr, Tucson, AZ 85714 since 25 June 2017 and is currently estimated at $155,230, approximately $271 per square foot. This property was built in 1953. 126 E Michigan Dr is a home located in Pima County with nearby schools including Van Buskirk Elementary School, Utterback Middle School, and Pueblo High Magnet School.

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.

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