NOT LISTED FOR SALE

1535 S Van Buren Ave Tucson, AZ 85711

Corbett Neighborhood

Estimated Value: $510,055 - $719,000

9 Beds
5 Baths
3,633 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $430,000 $118 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,518/month

38 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Storage
  • 0.28 Acre Lot
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of January 2023

Multi-family opportunity is knocking! This fully occupied four-plex is in a prime central location. The main (front) unit is a 3 bed/2 bath. The other three units are all 2bed/1 baths. There is a lot of room to raise rents. Currently evap cooling. Adding AC would raise rent about $300 a unit. Covered parking. All units are occupied and will be shown with an accepted offer. 48hr notice of intent to enter required to be given to all tenants. Please do not disturb tenants. Tenants pay their own electric. Owner pays water, trash and sewer.

Last Agent to Sell the Property

Eduardo Garcia

Grijalva Realty Corp. Listed on: 11/25/2022

Co-Listed By

Laura Grijalva

Grijalva Realty Corp.

Last Buyer's Agent

Luis Rivero

Roca Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83x152x83x151
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 3,633 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Parking

  • 8 Parking Spaces
  • Carport
  • Driveway

Schools

  • Myers/Ganoung Elementary School
  • Vail Middle School
  • Palo Verde High School

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,479 special tax assessment

Community Details

Overview

  • Craycroft Add Subdivision
  • RV Parking in Community

Amenities

  • No Laundry Facilities

Building Details

  • Water Sewer Expense $3,217
  • Gross Income $37,260
  • Net Operating Income $31,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,479

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:131090890 /Craycroft S81.13' N131.13' Lot 9 Blk 3 Exc E75' Thereof
  • Attached Detached: Attached
  • List Price per Sq Ft: 123.86
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 695.00
  • Unit Info Average Monthly Rent Three Bedroom: 1020.00
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Storage
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 3633.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Kitchen Features Appliance Color: White
  • Laundry Other: Hook up's in 3 BR
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Electric Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • 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: Space Available
  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Ceiling Fan(s), Evaporative Cooling
  • Main Heating: Baseboard
  • 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 Taxes Assessments: 2479.00

Schools

  • School District: TUSD
  • Elementary School: Myers/Ganoung
  • Middle School: Vail
  • High School: Palo Verde

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.28
  • Lot Dimensions: 83x152x83x151
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 35.91
  • Lot Sq Ft: 12533.00
  • Lot Sz Sold Prc Sq Ft: 34.31
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1986

Rental Info

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

Tax Info

  • Tax Code: 131-09-089B
  • Taxes: 2479.30
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Vail
  • Elementary School: Myers/Ganoung
  • High School: Palo Verde
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 10, 2023
Sold by
Van Weerthuizen Family Trust
Bought by
Noris Alejandro
Seller's Agent
Eduardo Garcia
Grijalva Realty Corp.
Buyer's Agent
Luis Rivero
Roca Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
25
Current Estimated Value
$607,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,647
Avg. Annual Appreciation
17.55%
Original Mortgage
$322,500
Outstanding Balance
$314,033
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$339,566

Purchase Details

Closed on
Sep 9, 2002
Sold by
Vanweerthuizen Dick and Vanweerthuizen Cornelia P
Bought by
Vanweerthuizen Dick and Vanweerthuizen Cornelia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.37%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Noris Alejandro $430,000 Stewart Title & Trust Of Tucso
Vanweerthuizen Dick -- --
Vanweerthuizen Dick -- --
Vanweerthuizen Dick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noris Alejandro $322,500
Previous Owner Vanweerthuizen Dick $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $430,000 -4.4% $118 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $450,000 +4.7% $124 / Sq Ft
12/12/2022 12/12/22 Off Market $430,000 -- --
11/25/2022 11/25/22 For Sale $450,000 -- $124 / 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 $2,479 $19,740 -- --
2023 $2,479 $18,800 -- --
2022 $2,494 $17,904 $0 $0
2021 $2,479 $16,240 $0 $0
2020 $2,404 $18,213 $0 $0
2019 $2,372 $15,672 $0 $0
2018 $2,320 $14,029 $0 $0
2017 $2,307 $14,029 $0 $0
2016 $2,267 $13,361 $0 $0
2015 $2,199 $12,724 $0 $0
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

    Luis Rivero

    Roca Realty

    (520) 305-9966

    2 in this area

    23 Total Sales

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Map

Source: MLS of Southern Arizona

MLS Number: 22229737

MLS of Southern Arizona

APN: 131-09-089B

Arizona Pima County Tucson 85711 Corbett

1535 S Van Buren Ave, Tucson, AZ

This home is located at 1535 S Van Buren Ave, Tucson, AZ 85711 since 25 November 2022 and is currently estimated at $617,264, approximately $169 per square foot. This property was built in 1986. 1535 S Van Buren Ave is a home located in Pima County with nearby schools including Wheeler Elementary School, Roberts Naylor K8 School, and Palo Verde 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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