NOT LISTED FOR SALE

1639 E Hedrick Dr Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $495,000 - $615,000

3 Beds
4 Baths
2,215 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $390,000 $176 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,023/month

77 Days on Market

Highlights

  • 0.35 Acre Lot
  • Great Room
  • Double Pane Windows
  • Ranch Style House
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of April 2021

Terrific Opportunity just north of Campus. Nice unit mix, always rented, well maintained, laundry on site, covered parking, short ride bike/bus route.Rents have room to grow. 2br unit updated and remodeled in 2021. Two tax parcels for easy financing. Must be purchased with adjoining parcel 113-07-128A. MLS 22103625

Last Agent to Sell the Property

Kelly Doty

Long Realty Company Listed on: 02/08/2021

Co-Listed By

Tony Reed

Long Realty Company

Last Buyer's Agent

David Walsh

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1949

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 50x304x50x304
  • East or West Exposure
  • Wood Fence
  • Back Yard

Home Design

  • Quadruplex
  • Ranch Style House
  • Bungalow
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,215 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Patio

Location

  • Ground Level
  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $2,266 special tax assessment

Community Details

Overview

  • Hedrick Acreage Tract No 3 Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,810
  • Water Sewer Expense $2,370
  • Gross Income $35,640
  • Net Operating Income $27,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow, Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Hedrick Acreage Tract No 3 E50' Lot 10 Blk D
  • Attached Detached: Detached
  • List Price per Sq Ft: 195.26
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 650.00
  • Unit Info Average Monthly Rent Two Bedroom: 1150.00
  • Unit Info Average Monthly Rent Studios: 585.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units Studios: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector
  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile, Vinyl
  • Gross Sq Ft: 2215.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Nook
  • Dining Areas: Breakfast Nook, Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Pantry: Cabinet
  • Kitchen Features Oven: white
  • Living Areas: Great Room, Living Room
  • Laundry: Dryer Included, Facility, Washer Included
  • Extra Room: Storage
  • Kitchen Features: Double Sink, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: Yes
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 8

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 1299.00
  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 785.00
  • Expenses Taxes Assessments: 2266.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.35
  • Lot Dimensions: 50x304x50x304
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 28.37
  • Lot Sq Ft: 15246.00
  • Lot Sz Sold Prc Sq Ft: 25.58
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1949

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • 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: 113-07-128B
  • Taxes: 2266.81
  • Tax Year: 2020
  • 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

Listed on
Feb 8, 2021
Closed on
Apr 23, 2021
Sold by
Beckwith Geoffrey and Beckwith Elizabeth H
Bought by
Feil Alexander Peter and Feil Diana Karin
Seller's Agent
Kelly Doty
Long Realty Company
Buyer's Agent
David Walsh
Long Realty Company
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$536,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,798
Avg. Annual Appreciation
7.08%
Original Mortgage
$259,000
Outstanding Balance
$233,216
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$303,582

Purchase Details

Closed on
Nov 22, 2005
Sold by
Weiss Gary A and Weiss Deborah D
Bought by
Beckwith Geoffrey and Beckwith Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Feil Alexander Peter -- Stewart Title
Beckwith Geoffrey $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feil Alexander Peter $259,000
Previous Owner Beckwith Geoffrey $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $390,000 0.0% $176 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $390,000 -- $176 / 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 $2,520 $20,474 -- --
2024 $2,281 $19,499 -- --
2023 $2,281 $18,570 -- --
2022 $2,330 $17,686 $0 $0
2021 $2,281 $16,042 $0 $0
2020 $2,267 $17,435 $0 $0
2019 $2,209 $17,428 $0 $0
2018 $2,137 $14,598 $0 $0
2017 $2,212 $14,598 $0 $0
2016 $2,126 $13,903 $0 $0
2015 $2,062 $13,241 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly Doty

    Long Realty Company

  • T

    Seller Co-Listing Agent in 2021

    Tony Reed

    Long Realty Company

  • D

    Buyer's Agent in 2021

    David Walsh

    Long Realty Company

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22103684

MLS of Southern Arizona

APN: 113-07-128B

Arizona Pima County Tucson 85719 Hedrick Acres

1639 E Hedrick Dr, Tucson, AZ

Not Listed for Sale

MultiFamily

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