1402 E Elm St Unit 1&2 Tucson, AZ 85719
North University NeighborhoodEstimated Value: $455,000 - $758,000
8
Beds
4
Baths
2,827
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Corner Lot
- Storage
- Ceramic Tile Flooring
- Breakfast Area or Nook
- Laundry closet
- 1-Story Property
About This Home
As of January 2020Great find! Excellent opportunity 5 blocks from U of A. and Banner Health. Two 4BR/2BA houses on one lot. With U of A students as primary tenants, the units have virtually no vacancy. #1 currently vacant for remodeling and new stainless steel appliances have been installed! New showers with subway tile, new vanities, new light fixtures, new carpet in bedrooms, ceramic tile in other areas. AC, washer & dryer included in each house. Front house has 2 BR and 1 BA in the front and 2 BR 1 BA in the rear of the house. Back house is much newer. 2 BR 1 BA on each side of the living area so they are split plans. Fresh paint on the exterior. New corrugated metal fencing. Each kitchen has a stove, side by side refrigerator, microwave, and dishwasher. Tenants pay all utilities.
Last Agent to Sell the Property
Eduardo Garcia
Grijalva Realty Corp. Listed on: 06/21/2019
Co-Listed By
Laura Grijalva
Grijalva Realty Corp.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,277
Year Built
- Built in 1968
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 54x151x54x151
- Property fronts an alley
- Corner Lot
- Paved or Partially Paved Lot
- Back and Front Yard
Home Design
- Duplex
- Split Level Home
- Frame With Stucco
- Rolled or Hot Mop Roof
- Metal Roof
Interior Spaces
- Shower Only in Secondary Bathroom
- 2,827 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Storage
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Security System Leased
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- Parking Pad
- Driveway
Schools
- Roskruge Elementary School
- Mansfeld Middle School
- Tucson High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- North or South Exposure
- Ground Level
Listing and Financial Details
- $4,277 special tax assessment
Community Details
Overview
- Plumer & Steward Add Subdivision
- The community has rules related to deed restrictions
Building Details
- Insurance Expense $500
- Gross Income $43,200
- Net Operating Income $38,423
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2020
Sold by
Patel Sunny and Patel Vishal
Bought by
1402 E Elm Llc
Total Days on Market
178
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$330,261
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,365
Purchase Details
Closed on
Sep 29, 2020
Sold by
Svp Holdings Llc
Bought by
Patel Sunny and Patel Vishal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$330,261
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,365
Purchase Details
Listed on
Jun 21, 2019
Closed on
Jan 28, 2020
Sold by
Patel Vishal and Patel Sunny
Bought by
Svp Holdings Llc
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Omer Kreso
Realty Executives Arizona Territory
List Price
$480,000
Sold Price
$480,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$360,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2016
Sold by
Kustner Bryan and Kustner Nicole R
Bought by
Pasadena Towers 2 Llc
Purchase Details
Closed on
Jan 8, 2013
Sold by
Kustner Nicole R
Bought by
Kustner Bryan
Purchase Details
Closed on
Nov 8, 2010
Sold by
Pasadena Towers 2 Llc
Bought by
Kustner Bryan and Kustner Nicole R
Purchase Details
Closed on
Nov 4, 2006
Sold by
Kustner Bryan and Kustner Nicole
Bought by
Pasadena Towers 2 Llc
Purchase Details
Closed on
Jul 27, 2005
Sold by
Kustner Bryan
Bought by
Kustner Bryan and Kustner Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 22, 2005
Sold by
Kustner Bryan and Kustner Nicole
Bought by
Kustner Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 16, 2004
Sold by
Kustner Nicole
Bought by
Kustner Bryan and Kustner Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 22, 2002
Sold by
Yde William L and Yde Carol Ann
Bought by
Kustner Nicole
Purchase Details
Closed on
Aug 19, 2002
Sold by
Kustner Bryan
Bought by
Kustner Nicole
Purchase Details
Closed on
Jul 17, 2000
Sold by
Yde William L and Yde Carol Ann
Bought by
Yde William L and Yde Carol Ann
Purchase Details
Closed on
Sep 10, 1996
Sold by
Yde William L and Yde Carol Ann
Bought by
Yde William L and Yde Carol Ann
Purchase Details
Closed on
Jul 3, 1996
Sold by
Yde William L and Yde Carol Ann
Bought by
Yde William L and Yde Carol Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.2%
Purchase Details
Closed on
Apr 3, 1996
Sold by
Miller Roger L and Miller Kenneth A
Bought by
Yde William L and Yde Carol A
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1402 E Elm Llc | -- | Title Security Agency Llc | |
| 1402 E Elm Llc | -- | Title Security Agency | |
| Patel Sunny | -- | Title Security Agency Llc | |
| Patel Sunny | -- | Title Security Agency Llc | |
| Svp Holdings Llc | -- | Accommodation | |
| Patel Vishal | $480,000 | Signature Title Agency | |
| Pasadena Towers 2 Llc | -- | Accommodation | |
| Kustner Bryan | -- | None Available | |
| Kustner Bryan | -- | None Available | |
| Kustner Bryan | -- | Tfnti | |
| Kustner Bryan | -- | Tfnti | |
| Pasadena Towers 2 Llc | -- | Rezms | |
| Kustner Bryan | -- | -- | |
| Kustner Bryan | -- | -- | |
| Kustner Bryan | -- | -- | |
| Kustner Bryan | -- | -- | |
| Kustner Bryan | -- | -- | |
| Kustner Bryan | -- | -- | |
| Kustner Nicole | $131,000 | Long Title | |
| Kustner Nicole | -- | Long Title | |
| Kustner Nicole | -- | Long Title | |
| Yde William L | -- | -- | |
| Yde William L | -- | -- | |
| Yde William L | -- | -- | |
| Yde William L | -- | -- | |
| Yde William L | $79,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Sunny | $368,000 | |
| Closed | Patel Sunny | $368,000 | |
| Previous Owner | Patel Vishal | $360,000 | |
| Previous Owner | Kustner Bryan | $253,700 | |
| Previous Owner | Kustner Bryan | $275,000 | |
| Previous Owner | Kustner Bryan | $226,000 | |
| Previous Owner | Yde William L | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2020 01/30/20 | Sold | $480,000 | 0.0% | $170 / Sq Ft |
| 12/31/2019 12/31/19 | Pending | -- | -- | -- |
| 06/21/2019 06/21/19 | For Sale | $480,000 | -- | $170 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $4,848 | $36,388 | -- | -- |
| 2023 | $4,574 | $34,655 | $0 | $0 |
| 2022 | $4,597 | $33,005 | $0 | $0 |
| 2021 | $4,570 | $29,936 | $0 | $0 |
| 2020 | $4,431 | $29,936 | $0 | $0 |
| 2019 | $4,373 | $30,565 | $0 | $0 |
| 2018 | $4,277 | $26,442 | $0 | $0 |
| 2017 | $4,349 | $26,442 | $0 | $0 |
| 2016 | $4,350 | $26,088 | $0 | $0 |
| 2015 | $4,215 | $24,846 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2020
Eduardo Garcia
Grijalva Realty Corp.
-
L
Seller Co-Listing Agent in 2020
Laura Grijalva
Grijalva Realty Corp.
-
Omer Kreso
Buyer's Agent in 2020
Omer Kreso
Realty Executives Arizona Territory
(520) 247-7480
1 in this area
74 Total Sales
Map
Source: MLS of Southern Arizona
MLS Number: 21916659
APN: 123-17-2710
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.
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 2025 MLS of Southern Arizona. All Rights Reserved.
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