$63,360
SOLD DEC 16, 2014

225 S Avenida Del Palo Fiero Tucson, AZ 85745

Menlo Park Neighborhood
0.04 Acre
$1,584,000 Price per Acre
1,584 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

79 Days on Market

About This Lot

As of September 2016

Wonderful lot for a two story home! Lot 55 is tucked away on a quiet street in the Mercado District. Live/work/play in the Mercado, Tucson's all-masonry construction innovative development just west of Downtown! The Mercado is a community of distinctive custom homes with an old-fashioned central marketplace featuring fabulous eateries and shops, as well as a wonderful Thursday farmers market. Just steps from your designed dreamhome! Tucson's modern streetcar has a stop just 2 blocks from this affordable lot, for ease in getting downtown or to UA/UMC. What are you waiting for...call for a tour and schedule a meeting with me and a design/builder! Only a few lots left! Also listed lot 47 under a different MLS #.

Last Agent to Sell the Property

Susan Denis

Habitation Realty ERA Powered Listed on: 09/27/2014

Last Buyer's Agent

Susan Denis

Realty Executives Southern AZ

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $409

Lot Details

  • 1,584 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned Tucson - PAD

HOA Fees

  • $99 Monthly HOA Fees

Property Views

  • City Views

Schools

  • Manzo Elementary School
  • Maxwell K-8 Middle School
  • Cholla High School

Community Details

  • Mercado District Of Menlo Park Blks A D Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$409

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Lots And Land
  • Legal Description: Mercado District of Menlo Park Lot 55
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence: None
  • Road Maintenance: City
  • View: City, Sunset

Utilities

  • Electric: Electric Company
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Electric Location: Available
  • Gas Location: Available
  • Sewer Location: Available
  • Water Location: Available

Condo/Co-op/Association

  • Monthly HOA Fee: 99.00
  • Community: None

Association/Amenities

  • Neighborhood Features: Legal Access, Paved Street

Schools

  • School District: TUSD
  • Elementary School: Manzo
  • Middle School: Maxwell K-8
  • High School: Cholla

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Lot Acres: 0.04
  • Lot Dimensions: approx 18 x 88
  • Lot Features: Subdivided
  • Lot Sq Ft: 1584.00
  • Municipality Zoning: Tucson - PAD
  • Lot Features Topography: Flat
  • Lot Sz Price Acre: 1625000.00
  • Lot Sz Sold Prc Acre: 1584000.00
  • Property Use Type: Residential

Tax Info

  • Tax Code: 116-20-5770
  • Taxes: 409.30
  • Tax Year: 2013

MLS Schools

  • Middle School: Maxwell K-8
  • Elementary School: Manzo
  • High School: Cholla
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 26, 2016
Sold by
Purebuild Homes Inc
Bought by
Ely Kimberly D
Seller's Agent
Mary Lou Thompson
Tierra Antigua Realty
Buyer's Agent
Marta Harvey
Russ Lyon Sotheby's International Realty
List Price
$489,000
Sold Price
$489,000
Current Estimated Value
$857,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,329
Avg. Annual Appreciation
6.72%
Original Mortgage
$239,000
Outstanding Balance
$192,570
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$681,266

Purchase Details

Listed on
Sep 27, 2014
Closed on
Dec 16, 2014
Sold by
Leitch John B and Leitch Margie
Bought by
Purebuild Inc
Seller's Agent
Susan Denis
Habitation Realty ERA Powered
Buyer's Agent
Susan Denis
Realty Executives Southern AZ
List Price
$63,360
Sold Price
$63,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
215.20%

Purchase Details

Listed on
Jan 10, 2014
Closed on
Jan 9, 2014
Sold by
Fidelity National Title Agency Inc
Bought by
Leitch John B and Leitch Margie J
Seller's Agent
Joan Reilly
Centra Realty
Buyer's Agent
Mary Lou Thompson
Tierra Antigua Realty
List Price
$47,500
Sold Price
$47,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.77%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $489,000 Fidelity Natl Title Agency I
Warranty Deed $489,000 Fidelity Natl Title Agency I
Cash Sale Deed $63,360 Title Security Agency Llc
Cash Sale Deed $63,360 Title Security Agency Llc
Cash Sale Deed $237,500 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Open $239,000 New Conventional
Closed $239,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $489,000 0.0% $273 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $489,000 +671.8% $273 / Sq Ft
12/16/2014 12/16/14 Sold $63,360 0.0% $40 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
09/27/2014 09/27/14 For Sale $63,360 +33.4% $40 / Sq Ft
01/14/2014 01/14/14 Sold $47,500 0.0% $30 / Sq Ft
01/10/2014 01/10/14 For Sale $47,500 -- $30 / 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 $6,250 $56,935 -- --
2024 $6,250 $54,223 -- --
2023 $6,250 $51,641 -- --
2022 $6,250 $49,182 $0 $0
2021 $6,032 $44,610 $0 $0
2020 $5,786 $44,610 $0 $0
2017 $6,338 $38,536 $0 $0
2016 $487 $2,918 $0 $0
2015 $503 $2,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21426962

MLS of Southern Arizona

APN: 116-20-5770