NOT LISTED FOR SALE

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

Midtown Tucson Neighborhood

Estimated Value: $359,990 - $457,000

4 Beds
4 Baths
2,086 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 19, 2021

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

Est. 20% increase in value since last sale

Current estimated payment $2,364/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
  • Window Treatments
  • 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
  • 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

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
$414,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,498
Avg. Annual Appreciation
3.87%

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:

--
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
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 List to Sale Price per Sq Ft
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 $2,230 $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

  • A

    Seller's Agent in 2021

    Ami Benson

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2021

    Johanna Haygood

    West USA Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22102818

MLS of Southern Arizona

APN: 122-03-022A

Arizona Pima County Tucson 85712 Midtown Tucson

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

Not Listed for Sale

MultiFamily

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