NOT LISTED FOR SALE

1630 E Adelaide Dr Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $843,000 - $901,000

8 Beds
8 Baths
3,689 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $875,000 $237 Per Sq Ft

Current estimated payment $4,845/month

51 Days on Market

Highlights

  • 0.08 Acre Lot
  • Great Room
  • Covered Patio or Porch
  • Contemporary Architecture
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

As of November 2023

Multi-family STR or LTR investment! Own a fully remodeled, maticulously maintained, highly sought after 4 plex (8 units - 2 listings) near everything! Close proximity to UMC and The University of Arizona and a plethora of infrastructure. These units are 2 bed 2 bath and are approximately 1000 sq ft each ,with fire place, newer washer and dryer, refridgerators, bathroom fixtures and more! 2 external storage units and large enclosed yards for privacy. Built in 1998 this four plex can also be purchased with 1650 E Adelaide MLS #22319273. Do not Disturb tenants and do not enter property without a confirmed appointment. This is a 4 plex dream with an opportunity to own all 8 units as well! Call LA with questions.

Last Agent to Sell the Property

Dan Grammar

Realty Executives Arizona Territory Listed on: 09/02/2023

Realty Executives Arizona Territory

Co-Listed By

Alisa Mucciacciaro

Realty Executives Arizona Territory

Last Buyer's Agent

Rachel Barrasso

Tierra Antigua Realty License #BR648447000

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1998

Lot Details

  • 19,166 Sq Ft Lot
  • Wood Fence
  • Back Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Turnkey
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 3,689 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Bay Window
  • Great Room
  • Dining Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smart Technology
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,248 special tax assessment

Community Details

Overview

  • Hedrick Acreage No 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $6,236
  • Insurance Expense $2,248
  • Maintenance Expense $2,400
  • Professional Management Expense $16,000
  • Water Sewer Expense $3,280
  • Gross Income $164,811
  • Net Operating Income $106,373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,215

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Smart Panel
  • Accessibility Options: None
  • Legal Description: From Parcel:11307032A /Hedrick Acreage Tract No 2 S150' Lot 15 Blk A
  • Attached Detached: Attached
  • List Price per Sq Ft: 230.41
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Bay Window, Ceiling Fan(s), Dual Pane Windows, Smoke Detector
  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 3689.00
  • Bathroom Features: Dual Sinks/Primary, Shower & Tub/Hall, Shower Only/Primary
  • Hall Countertops: Granite
  • Primary Bathroom Countertops: Granite
  • Breakfast: Eat-In
  • Dining Areas: Breakfast Bar, Eat-In Kitchen
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Countertops: Granite
  • Kitchen Features Microwave: 1
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Dishwasher, Garbage Disposal, Gas Range
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: Owner Maintenance
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air
  • 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 Admin Expenses: 10251.50
  • Expenses Contract Services: 15775.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 6236.00
  • Expenses Maintenance Supplies: 2400.00
  • Expenses Taxes Assessments: 2248.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.08
  • Lot Dimensions: Irregular
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 44.35
  • Lot Sq Ft: 19166.00
  • Lot Sz Sold Prc Sq Ft: 45.65
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1998

Rental Info

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

Tax Info

  • Tax Code: 113-07-032C
  • Taxes: 3215.05
  • Tax Year: 2022
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Ibsl Llc
Bought by
In Balance Recovery Living Llc
Current Estimated Value
$872,000

Purchase Details

Listed on
Sep 2, 2023
Closed on
Nov 17, 2023
Sold by
Wood Michael
Bought by
Ibsl Llc
Seller's Agent
Dan Grammar
Realty Executives Arizona Territory
Buyer's Agent
Rachel Barrasso
Tierra Antigua Realty
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.16%

Purchase Details

Listed on
Sep 2, 2023
Closed on
Nov 16, 2023
Sold by
Wood Michael
Bought by
Ibsl Llc
Seller's Agent
Dan Grammar
Realty Executives Arizona Territory
Buyer's Agent
Rachel Barrasso
Tierra Antigua Realty
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
7

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 24, 2019
Sold by
Boyce Ann M
Bought by
Wood Michael
Seller's Agent
Omer Kreso
Realty Executives Arizona Territory
Buyer's Agent
Danny Roth
Berkshire Hathaway Homeservices Premier Properties
List Price
$542,500
Sold Price
$542,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
Original Mortgage
$406,875
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2018
Sold by
Duff Caroline F
Bought by
Boyce Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2018
Sold by
Duff Russell
Bought by
Duff Caroline F

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 21, 2013
Sold by
Fuqua Gary Lee
Bought by
Duff Russell and Duff Caroline F
Seller's Agent
Christopher Sauer
Peach Properties HM, Inc.
Buyer's Agent
James Robertson
Realty Executives Arizona Territory
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$185,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Fuqua Gary L
Bought by
Fuqua Gary Lee

Purchase Details

Closed on
Apr 29, 1999
Sold by
Romanowski James A and Romanowski Sonja L
Bought by
Fuqua Gary L

Purchase Details

Closed on
May 7, 1996
Sold by
Lopez Jennifer
Bought by
Romanoski James A and Romanoski Sonja I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
In Balance Recovery Living Llc -- Professional Escrow Resources
Ibsl Llc $875,000 Fidelity National Title Agency
Ibsl Llc $875,000 Fidelity National Title Agency
Wood Michael $542,500 Title Security Agency Llc
Boyce Ann M $390,000 Pioneer Title Agency Inc
Duff Caroline F -- None Available
Duff Russell $325,000 Signature Title Agency Of Az
Fuqua Gary Lee -- None Available
Fuqua Gary L $282,500 --
Romanoski James A -- --
Lopez Jennifer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Michael $406,875
Previous Owner Boyce Ann M $340,000
Previous Owner Duff Russell $185,000
Previous Owner Romanoski James A $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $875,000 +2.9% $237 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $850,000 +56.7% $230 / Sq Ft
07/02/2019 07/02/19 Sold $542,500 0.0% $147 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $542,500 +66.9% $147 / Sq Ft
03/29/2013 03/29/13 Sold $325,000 0.0% $88 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $325,000 -- $88 / 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 $3,477 $28,253 -- --
2024 $3,349 $26,907 -- --
2023 $3,215 $25,626 $0 $0
2022 $3,215 $24,406 $0 $0
2021 $3,147 $22,137 $0 $0
2020 $3,128 $24,339 $0 $0
2019 $3,048 $24,113 $0 $0
2018 $2,949 $19,123 $0 $0
2017 $2,898 $19,123 $0 $0
2016 $2,775 $18,212 $0 $0
2015 $2,689 $17,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Grammar

    Seller's Agent in 2023

    Dan Grammar

    Realty Executives Arizona Territory

    (520) 481-7443

    2 in this area

    98 Total Sales

    Dan Grammar
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Alisa Mucciacciaro

    Realty Executives Arizona Territory

  • R

    Buyer's Agent in 2023

    Rachel Barrasso

    Tierra Antigua Realty

    (520) 665-1950

    2 in this area

    34 Total Sales

    Rachel Barrasso
    Section Image
  • Omer Kreso

    Seller's Agent in 2019

    Omer Kreso

    Realty Executives Arizona Territory

    (520) 247-7480

    4 in this area

    67 Total Sales

    Omer Kreso
    Section Image
  • James Robertson

    Seller Co-Listing Agent in 2019

    James Robertson

    Realty Executives Arizona Territory

    (520) 331-5466

    21 Total Sales

    James Robertson
    Section Image

  • D

    Buyer's Agent in 2019

    Danny Roth

    Berkshire Hathaway Homeservices Premier Properties

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22319270

MLS of Southern Arizona

APN: 113-07-032C

Arizona Pima County Tucson 85719 Hedrick Acres

1630 E Adelaide Dr, Tucson, AZ

Not Listed for Sale

MultiFamily

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