NOT LISTED FOR SALE

1475 W Panama Ln Tucson, AZ 85705

Flowing Wells Neighborhood
4 Beds
2 Baths
2,758 Sq Ft
0.3 Acres

Last Sold November 27, 2023

Last sale price $140,000 $51 Per Sq Ft

94 Days on Market

Highlights

  • RV Parking in Community
  • 0.3 Acre Lot
  • Covered Patio or Porch
  • Flowing Wells High School Rated A-
  • Corner Lot
  • Breakfast Area or Nook

About This Home

As of November 2023

This large lot has two tenant occupied affixed 2 bed/1 bath mobile homes on it as well as a 1000sq. ft. shop. The shop has 3 garage doors. Great income opportunity property as well as a wonderful space for the mechanic or tinkerer in you. The shop has power. Both mobile homes are separately metered for gas and electricity and tenants pay gas and electric. Owner pays water and trash. This property is being sold AS IS.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. Listed on: 08/18/2023

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Luz Maria Figueroa

Bella Vista Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x109x100x126x73
  • Chain Link Fence
  • Corner Lot
  • Back Yard

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • Bathtub with Shower
  • 2,758 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 3 Parking Spaces
  • No Driveway

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Walter Douglas Elementary School
  • Flowing Wells Middle School
  • Flowing Wells High School

Utilities

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

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $756 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $420
  • Gross Income $12,000
  • Net Operating Income $9,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$756

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Affixed Mobile Home
  • Style Other: Shop
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Irr Pcl In S Cntrl Ptn Of Se4 Se4 Adj To N Line Of Drngwy .30 Ac Fw .63 Ac Sec 27-13-13
  • Attached Detached: Detached
  • List Price per Sq Ft: 58.01
  • Subdivision Restrict C C And Rs: No
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Carpet, Concrete, Vinyl
  • Gross Sq Ft: 2758.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: Area
  • Laundry Other: H/U outside
  • Living Areas: Living Room
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Metal, Wood Frame
  • Construction Status: Existing
  • 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: Metal
  • Spa: None
  • View: Residential
  • Exterior Feature: Workshop

Garage/Parking

  • Driveway: None
  • Rv Parking: Space Available
  • Total Parking: 3

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Window Unit(s)
  • Main Heating: Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 756.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.30
  • Lot Dimensions: 100x109x100x126x73
  • Lot Features: Corner Lot, North/South Exposure, Subdivided
  • Lot Size Price Sq Ft: 12.24
  • Lot Sq Ft: 13068.00
  • Lot Sz Sold Prc Sq Ft: 10.71
  • Municipality Zoning: Tucson - MH1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1977

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: 106-12-159A
  • Taxes: 755.94
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Flowing Wells
  • Elementary School: Walter Douglas
  • High School: Flowing Wells
  • School District: Flowing Wells

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $140,000 -12.5% $51 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $160,000 -- $58 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Eduardo Garcia

    Grijalva Realty Corp.

  • L

    Seller Co-Listing Agent in 2023

    Laura Grijalva

    Grijalva Realty Corp.

  • L

    Buyer's Agent in 2023

    Luz Maria Figueroa

    Bella Vista Realty LLC

    (520) 272-3278

    4 in this area

    46 Total Sales

    Luz Maria Figueroa
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Map

Source: MLS of Southern Arizona

MLS Number: 22317840

MLS of Southern Arizona
Arizona Pima County Tucson 85705 Flowing Wells

1475 W Panama Ln, Tucson, AZ

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