NOT LISTED FOR SALE

1867 N Belvedere Ave Tucson, AZ 85712

Midtown Tucson Neighborhood

Estimated Value: $395,000 - $556,860

7 Beds
4 Baths
3,399 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $380,000 $112 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,858/month

55 Days on Market

Highlights

  • 0.42 Acre Lot
  • Terracotta or Satillo Flooring
  • Family Room Off Kitchen
  • Contemporary Architecture
  • Corner Lot
  • Patio

About This Home

As of November 2020

Do NOT disturb tenants! Well maintained 4plex in central Tucson with rents WAY BELOW market rate. One giant 2bed/1ba, a totally remodeled 1bed/1ba, plus two additional 2bed/1bath units. Long term tenants are month-to-month. Each unit has their own A/C, W/D and private yard. All utilities are tenant paid except water. Potential for extra income from large storage shed. Amazing condition, but seller is unable to make any additional repairs so it's being sold in AS-IS condition. Current income is VERY LOW because of vacancy from remodel and rents have not been raised in many years. Listed income is actual but please see attached investor profile sheet for projected potential income details. ---Virtual 360 photos can be seen here:

Last Agent to Sell the Property

Todd Helmick

Tierra Antigua Realty Listed on: 09/22/2020

Tierra Antigua Realty

Last Buyer's Agent

John Piotrowski

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1950

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Corner Lot
  • Landscaped with Trees
  • Front Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • 3,399 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Flooring

  • Concrete
  • Terracotta
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Parking Pad
  • Gravel Driveway

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $2,671 special tax assessment

Community Details

Overview

  • Paloma Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $916
  • Maintenance Expense $120
  • Water Sewer Expense $2,856
  • Gross Income $2,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: PALOMA N100' LOTS 8 9 & 10 EXC SPNDRL BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 111.77
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile, Concrete, Mexican Tile
  • Gross Sq Ft: 3399.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Living Areas: Off Kitchen
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Refrigerator

Exterior Features

  • Construction: Brick, Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: TBD
  • Fence: Wood
  • Landscape Front: Low Care, Trees
  • Landscape Rear: None
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • 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, Wall Unit(s)
  • Main Heating: Baseboard, Electric, 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 Capital Expenses: 1000.00
  • Expenses Contract Services: 960.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 120.00
  • Expenses Taxes Assessments: 2671.00

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.42
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 20.76
  • Lot Sq Ft: 18300.00
  • Lot Sz Sold Prc Sq Ft: 20.77
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1950

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: Tenant
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 122-07-026B
  • Taxes: 2670.00
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 10, 2020
Sold by
Mix Jeffry P
Bought by
Piotrowski John
Seller's Agent
Todd Helmick
Tierra Antigua Realty
Buyer's Agent
John Piotrowski
Tierra Antigua Realty
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$482,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,287
Avg. Annual Appreciation
5.17%
Original Mortgage
$285,000
Outstanding Balance
$254,187
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,100

Purchase Details

Closed on
Apr 13, 2004
Sold by
Wippman Edith J
Bought by
Mix Jeffry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 1993
Sold by
Wippman Edith
Bought by
Wippman Arthur L Trust
Source: Public Records

Range of Values:

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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
Piotrowski John $380,000 Stewart Title & Tr Of Tucson
Piotrowski John -- Stewart Title
Mix Jeffry P $235,000 --
Mix Jeffry P $235,000 --
Wippman Arthur L Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piotrowski John $285,000
Closed Piotrowski John $285,000
Previous Owner Mix Jeffrey P $195,000
Previous Owner Mix Jeffry P $23,500
Previous Owner Mix Jeffry P $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $380,000 0.0% $112 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $380,000 -- $112 / 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 $2,754 $23,025 -- --
2024 $2,754 $21,929 -- --
2023 $2,754 $20,885 -- --
2022 $2,770 $19,890 $0 $0
2021 $2,754 $18,041 $0 $0
2020 $2,671 $22,565 $0 $0
2019 $2,635 $18,642 $0 $0
2018 $2,578 $15,584 $0 $0
2017 $2,563 $15,584 $0 $0
2016 $2,501 $14,842 $0 $0
2015 $2,421 $14,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Helmick

    Seller's Agent in 2020

    Todd Helmick

    Tierra Antigua Realty

    (520) 490-0516

    2 in this area

    104 Total Sales

    Section Image
  • John Piotrowski

    Buyer's Agent in 2020

    John Piotrowski

    Tierra Antigua Realty

    (520) 400-5646

    1 in this area

    54 Total Sales

    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 22023695

MLS of Southern Arizona

APN: 122-07-026B

Arizona Pima County Tucson 85712 Midtown Tucson

1867 N Belvedere Ave, Tucson, AZ

This home is located at 1867 N Belvedere Ave, Tucson, AZ 85712 since 22 September 2020 and is currently estimated at $482,287, approximately $141 per square foot. This property was built in 1950. 1867 N Belvedere Ave is a home located in Pima County with nearby schools including John B Wright Elementary School, Doolen Middle School, and Catalina High School.

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