$145,000
SOLD NOV 2, 2021

16 N Panorama Cir Unit 43 Tucson, AZ 85745

Menlo Park Neighborhood
0.24 Acre
$604,167 Price per Acre
10,454 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

189 Days on Market

About This Lot

As of November 2021

TONS OF POTENTIAL! Prime lot with amazing city and mountain views from your new homesite. LOCATION LOCATION LOCATION! Ringside seat to all that's happening in Tucson; summer monsoons, 4th of July fireworks, arrival of the modern streetcar at the Mercado San Augustin, sunrise across the beautiful desert valley and twinkling lights of the vibrant Tucson night scene. There is even a sweet sunset view over the hilltop, directly west of the property. Only 5 minutes to downtown offices or catch the new streetcar & ride all the way to the U of A. All the convenience of city living with the healthful benefit of coming home to a quiet desert setting. A spectacular location for your custom home on Tucson's most distinctive landmark.

Last Agent to Sell the Property

Curt Stinson

Engel & Völkers Tucson Listed on: 04/22/2021

Engel & Völkers Tucson

Co-Listed By

Daniel Davis

Engel & Völkers Tucson

Last Buyer's Agent

Eduardo Escobido

Ochoa Realty & Property Management

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,059

Lot Details

  • 10,454 Sq Ft Lot
  • Hillside Location
  • Property is zoned Tucson - R1

Property Views

  • Panoramic
  • City
  • Mountain

Schools

  • Manzo Elementary School
  • Maxwell K-8 Middle School
  • Cholla High School

Community Details

  • Panorama Estates ''''B'''' Subdivision
  • The community has rules related to deed restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$1,059

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: From Parcel:001010010 /Panorama Estates B Lot 43
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • F E M A Flood Zone: No
  • Fence: None
  • Road Maintenance: City
  • View: City, Mountain(s), Panoramic, Sunrise, Sunset

Utilities

  • Water: City
  • Electric: Electric Company
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Sewer: Connected
  • Electric Location: Available
  • Gas Location: Available
  • Phone Location: Unknown
  • Sewer Location: Available
  • Water Location: Available

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Neighborhood Features: None
  • Senior Community: No
  • Subdivision Restrictions CC&Rs: No
  • Deed Restrictions: Yes

Schools

  • School District: TUSD
  • Elementary School: Manzo
  • Middle School: Maxwell K-8
  • High School: Cholla

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: No
  • Lot Acres: 0.24
  • Lot Dimensions: Irregular
  • Lot Features: Hillside Lot, Subdivided
  • Lot Sq Ft: 10454.00
  • Municipality Zoning: Tucson - R1
  • Lot Sz Price Acre: 729166.67
  • Lot Sz Sold Prc Acre: 604166.67
  • Lot Unit Number: 43
  • Municipal Flood Zone: No
  • Property Use Type: Residential

Tax Info

  • Tax Code: 116-24-0480
  • Taxes: 1059.26
  • Tax Year: 2020

MLS Schools

  • Middle School: Maxwell K-8
  • Elementary School: Manzo
  • High School: Cholla
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Grunstein Robert
Bought by
Zhao Mengyu and Salonikios Angeliki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$61,928
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$105,047

Purchase Details

Listed on
Apr 22, 2021
Closed on
Oct 29, 2021
Sold by
Fritz John E and John E Fritz Revocable Living
Bought by
Grunstein Robert
Seller's Agent
Curt Stinson
Engel & Völkers Tucson
Buyer's Agent
Eduardo Escobido
Ochoa Realty & Property Management
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$52,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2013
Sold by
Richmond Norman W
Bought by
Fritz John E

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bedoya Manuel C and Bedoya Marisela M
Bought by
Richmond Norman W

Purchase Details

Closed on
Feb 17, 2006
Sold by
Richmond Norman W and Richmond Jean W
Bought by
Bedoya Manuel C and Bedoya Marisela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1997
Sold by
Cordova Henry C and Cordova Eufalia S
Bought by
Richmond Norman W and Richmond Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.13%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $165,000 Agave Title
Warranty Deed $145,000 Pioneer Title Agency Inc
Cash Sale Deed $34,000 Title Security Agency Of Ari
Deed In Lieu Of Foreclosure -- Title Security Agency
Warranty Deed $170,000 None Available
Warranty Deed $31,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,000 New Conventional
Previous Owner $52,000 Commercial
Previous Owner $130,000 Seller Take Back
Previous Owner $20,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $150,000 -6.3% --
07/08/2025 07/08/25 Price Changed $160,000 -3.0% --
06/16/2025 06/16/25 Price Changed $165,000 -2.9% --
02/26/2025 02/26/25 Price Changed $170,000 -2.9% --
02/18/2025 02/18/25 Price Changed $175,000 -2.8% --
01/13/2025 01/13/25 For Sale $180,000 +24.1% --
11/02/2021 11/02/21 Sold $145,000 0.0% $14 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $145,000 -- $14 / 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 $1,146 $8,600 -- --
2023 $1,081 $8,190 $0 $0
2022 $1,086 $7,800 $0 $0
2021 $1,093 $7,156 $0 $0
2020 $1,059 $7,200 $0 $0
2019 $1,045 $7,200 $0 $0
2018 $1,022 $6,182 $0 $0
2017 $1,017 $6,182 $0 $0
2016 $982 $5,887 $0 $0
2015 $1,015 $5,981 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22110330

MLS of Southern Arizona

APN: 116-24-0480