NOT LISTED FOR SALE

2001 N Palo Verde Blvd Tucson, AZ 85716

Palo Verde Neighborhood

Estimated Value: $355,000 - $514,022

5 Beds
4 Baths
2,346 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $240,000 $102 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,588/month

45 Days on Market

Highlights

  • Territorial Architecture
  • Bathtub with Shower
  • Living Room
  • Eat-In Kitchen
  • Patio
  • 1-Story Property

About This Home

As of July 2020

THIS TURNKEY 3 PLEX IS FULLY RENTED

Last Agent to Sell the Property

Charles Helmke

Tierra Antigua Realty Listed on: 06/15/2020

Tierra Antigua Realty

Last Buyer's Agent

Spirit Messingham

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 170'x56'x128'x17'x43'x40'
  • East or West Exposure
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Triplex
  • Territorial Architecture
  • Rolled or Hot Mop Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,346 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Eat-In Kitchen
  • Laundry Located Outside

Bedrooms and Bathrooms

  • Pedestal Sink
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Parking

  • 7 Parking Spaces
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $2,309 special tax assessment

Community Details

Overview

  • Palo Verde Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $876
  • Professional Management Expense $3,162
  • Water Sewer Expense $1,493
  • Gross Income $28,160
  • Net Operating Income $19,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,309

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Territorial
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: PALO VERDE AMENDED PTN OF 57' OF E172' OF LOT 8 BLK 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 108.70
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Floor Covering Other: linoleum
  • Window Coverings: Stay
  • Gross Sq Ft: 2346.00
  • Bathroom Features: Pedestal Sink(s), Shower & Tub/Primary
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Laundry Other: 2 Inside
  • Living Areas: Living Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Rolled
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 7

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • 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 Figures Presented: Actual
  • Expenses Maintenance Supplies: 876.00
  • Expenses Taxes Assessments: 2309.00

Schools

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

Green Features

  • Green Features: Bath Exhaust Out, Kit Exhaust Out

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 170'X56'X128'X17'X43'X40'
  • Lot Features: East/West Exposure, Subdivided
  • Lot Size Price Sq Ft: 27.87
  • Lot Sq Ft: 9148.00
  • Lot Sz Sold Prc Sq Ft: 26.24
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1948

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: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 122-15-397B
  • Taxes: 2309.27
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 29, 2020
Sold by
Peleton Ii Llc
Bought by
2001 N Palo Verde Llc
Seller's Agent
Charles Helmke
Tierra Antigua Realty
Buyer's Agent
Spirit Messingham
Tierra Antigua Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$435,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,987
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Aug 15, 2016
Sold by
La Casa De Paz Llc
Bought by
Peleton Ii Llc

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 8, 2015
Sold by
Berger Arthur and Berger Jane
Bought by
La Casa De Paz Llc
Seller's Agent
Kelly Miller
Long Realty
Buyer's Agent
Kelly Miller
Long Realty
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Feb 18, 2003
Sold by
Noble Joseph P
Bought by
Noble Joseph P
Source: Public Records

Range of Values:

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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
2001 N Palo Verde Llc $240,000 Fidelity Natl Ttl Agcy Inc
2001 N Palo Verde Llc $240,000 Fidelity Natl Ttl Agcy Inc
Peleton Ii Llc -- None Available
La Casa De Paz Llc -- Accommodation
Berger Arthur $135,000 Title Security Agency Llc
Noble Joseph P -- --
Noble Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noble Joseph P $50,000
Previous Owner Noble Joseph P $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $240,000 0.0% $102 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $240,000 +77.8% $102 / Sq Ft
01/09/2015 01/09/15 Sold $135,000 0.0% $86 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $135,000 -- $86 / 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 $2,416 $19,216 -- --
2023 $2,416 $18,301 $0 $0
2022 $2,428 $17,430 $0 $0
2021 $2,414 $15,809 $0 $0
2020 $2,340 $18,212 $0 $0
2019 $2,309 $16,507 $0 $0
2018 $2,259 $13,657 $0 $0
2017 $2,246 $13,657 $0 $0
2016 $2,294 $13,596 $0 $0
2015 $2,012 $12,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22014873

MLS of Southern Arizona

APN: 122-15-397B