NOT LISTED FOR SALE

2107 N Madelyn Ave Unit 1-2 Tucson, AZ 85712

Midtown Tucson Neighborhood

Estimated Value: $422,000 - $454,000

4 Beds
4 Baths
2,086 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $345,000 $165 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,496/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • Laundry closet
  • Covered Patio or Porch
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of February 2021

Excellent Duplex - Built in 2007, High Ceilings, nice large open layout. Each unit identical with 2 BD and 2 full Baths, New flooring and fixtures in Unit 2 (in process of completion) Also tile floors done in 2007 in Unit 1. Both boast a spacious Kitchen with Dining area, breakfast bar and slider to awesome covered patio/ wrap around yard, 2 parking spaces for each unit in front. Excellent rental history - previous tenant there for 12 years. Indoor laundry, tons of closet/storage. Owner re-coating roof now. TRULY A TURNKEY INVESTMENT!!

Last Agent to Sell the Property

Ami Benson

Coldwell Banker Realty Listed on: 02/02/2021

Last Buyer's Agent

Johanna Haygood

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 62.24x95
  • Wood Fence

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame With Stucco
  • Built-Up Roof

Interior Spaces

  • Bathtub with Shower
  • 2,086 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,956 special tax assessment

Community Details

Overview

  • Madelyn Park Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $550
  • Water Sewer Expense $70
  • Gross Income $21,600
  • Net Operating Income $19,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,956

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Apartment Unit Number: 1-2
  • Legal Description: Madelyn Park PTN S38.23 E2 Lot 9 and PTN 24.32 Lot 12 Blk 2
  • Attached Detached: Attached
  • List Price per Sq Ft: 165.39
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent Two Bedroom: 950.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2086.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area, Bar
  • Dining Areas: Breakfast Bar, Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Pantry: Closet
  • Living Areas: Family Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Dishwasher, Gas Range, Refrigerator

Exterior Features

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

Garage/Parking

  • Total Parking: 4

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

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1955.58

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: 0.14
  • Lot Dimensions: 62.24x95
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 56.58
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 56.58
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 2007

Rental Info

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

Tax Info

  • Tax Code: 122-03-022A
  • Taxes: 1955.58
  • Tax Year: 2020
  • 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
Feb 2, 2021
Closed on
Feb 16, 2021
Sold by
Nice Michael R and Nice Sheila H
Bought by
J J Papaleo Properties Llc
Seller's Agent
Ami Benson
Coldwell Banker Realty
Buyer's Agent
Johanna Haygood
West USA Realty
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$437,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,130
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Jun 12, 2008
Sold by
Panagakos Glenn
Bought by
Nice Michael R and Nice Sheila H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,375
Interest Rate
6.05%
Mortgage Type
VA

Purchase Details

Closed on
Jul 2, 2007
Sold by
Panagakos Glenn
Bought by
Panagakos Glenn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
J J Papaleo Properties Llc $345,000 Fidelity Natl Ttl Agcy Inc
Nice Michael R $250,000 Tstti
Nice Michael R $250,000 Tstti
Panagakos Glenn -- None Available
Panagakos Glenn -- None Available
Panagakos Glenn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nice Michael R $255,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $345,000 0.0% $165 / Sq Ft
02/02/2021 02/02/21 For Sale $345,000 -- $165 / 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 $2,140 $16,861 -- --
2024 $2,019 $16,058 -- --
2023 $2,019 $15,293 $0 $0
2022 $2,029 $14,565 $0 $0
2021 $2,017 $13,211 $0 $0
2020 $1,956 $15,213 $0 $0
2019 $1,930 $14,141 $0 $0
2018 $1,888 $11,412 $0 $0
2017 $1,877 $11,412 $0 $0
2016 $1,830 $10,869 $0 $0
2015 $1,764 $10,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22102818

MLS of Southern Arizona

APN: 122-03-022A