2525 E Spring St Tucson, AZ 85716
Country Glenn Neighborhood
--
Bed
--
Bath
800
Sq Ft
4,475
Sq Ft Lot
About This Home
As of February 2021PRICE REDUCED! Excellent investment at 8.5% CAP (9.51 GRM) with value add potential -interior remodel would provide opportunity to command +20% in rents- units rent easily and stay occupied. 1BR/1BA units are fully functional w/ wood beam ceilings, fresh exterior paint, fully fenced, and private back yards! Centrally located, this duplex has an exciting future as the neighbor of upcoming Fox Restaurant Concept ''The Yard'', a sprawling entertainment & dining complex! Close proximity to the UofA. Please do not disturb residents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $820
Year Built
- Built in 1948
Lot Details
- 4,475 Sq Ft Lot
Home Design
- 800 Sq Ft Home
- Duplex
Utilities
- Central Air
- Evaporated cooling system
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- $820 special tax assessment
Community Details
Overview
- Grant Rd Park 2 Subdivision
Building Details
- Insurance Expense $543
- Water Sewer Expense $961
- Gross Income $12,600
- Net Operating Income $10,276
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2020
Closed on
Jan 18, 2020
Sold by
Garcia Joel B
Bought by
Johnson Mark and Plourde Julie
Seller's Agent
Joel Garcia
Tierra Antigua Realty
Buyer's Agent
Jane Sage
Tierra Antigua Realty
List Price
$264,000
Sold Price
$264,000
Total Days on Market
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$666
Avg. Annual Appreciation
3.68%
Purchase Details
Listed on
Mar 16, 2017
Closed on
Jun 7, 2017
Sold by
Mbhe I Llc
Bought by
Garcia Joel B
Seller's Agent
Samantha Hei
Coldwell Banker Realty
Buyer's Agent
Joel Garcia
Tierra Antigua Realty
List Price
$119,900
Sold Price
$119,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.00%
Original Mortgage
$101,915
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 20, 2012
Closed on
Mar 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Mbhe 1 Llc
Seller's Agent
Marsee Wilhems
RE/MAX Majestic
Buyer's Agent
Anthony Boatner
Realty Executives Southern AZ
List Price
$48,000
Sold Price
$48,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.35%
Purchase Details
Closed on
Jun 22, 2012
Sold by
Burnette Abraham W
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 24, 2006
Sold by
Burnette Abraham and Burnette Abraham W
Bought by
Burnette Abraham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2003
Sold by
Burnette Robin L
Bought by
Burnette Abraham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 25, 2003
Sold by
Le Phuoc Ngoc and Nguyen Hoa T
Bought by
Burnette Abraham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Home in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $264,000 | Stewart Title & Tr Of Tucson | |
| Warranty Deed | $264,000 | Stewart Title & Tr Of Tucson | |
| Special Warranty Deed | $119,900 | Stewart Title & Tr Of Tucson | |
| Special Warranty Deed | $119,900 | Stewart Title & Tr Of Tucson | |
| Cash Sale Deed | $48,000 | Stewart Title & Trust Of Tuc | |
| Trustee Deed | $57,700 | Tfnti | |
| Trustee Deed | $57,700 | Tfnti | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $81,500 | -- | |
| Warranty Deed | $81,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $101,915 | New Conventional | |
| Previous Owner | $25,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $72,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2021 02/04/21 | Sold | $336,000 | 0.0% | $420 / Sq Ft |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $336,000 | +27.3% | $420 / Sq Ft |
| 01/24/2020 01/24/20 | Sold | $264,000 | 0.0% | $330 / Sq Ft |
| 01/05/2020 01/05/20 | For Sale | $264,000 | +120.2% | $330 / Sq Ft |
| 06/08/2017 06/08/17 | Sold | $119,900 | 0.0% | $150 / Sq Ft |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- |
| 03/16/2017 03/16/17 | For Sale | $119,900 | +149.8% | $150 / Sq Ft |
| 03/29/2013 03/29/13 | Sold | $48,000 | 0.0% | $60 / Sq Ft |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 11/20/2012 11/20/12 | For Sale | $48,000 | -- | $60 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $891 | $7,092 | -- | -- |
| 2023 | $891 | $6,754 | -- | -- |
| 2022 | $896 | $6,432 | $0 | $0 |
| 2021 | $891 | $5,834 | $0 | $0 |
| 2020 | $864 | $8,534 | $0 | $0 |
| 2019 | $852 | $7,471 | $0 | $0 |
| 2018 | $834 | $5,040 | $0 | $0 |
| 2017 | $829 | $5,040 | $0 | $0 |
| 2016 | $820 | $4,800 | $0 | $0 |
| 2015 | $835 | $6,108 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
Joel Garcia
Tierra Antigua Realty
(520) 312-3064
1 in this area
32 Total Sales
-
Seller Co-Listing Agent in 2021
Jane Sage
Tierra Antigua Realty
(520) 204-2645
1 in this area
35 Total Sales
-
N
Buyer's Agent in 2021
Non- Member
Non-Member Office
-
Seller's Agent in 2017
Samantha Hei
Coldwell Banker Realty
(520) 355-3533
69 Total Sales
-
M
Seller's Agent in 2013
Marsee Wilhems
RE/MAX Majestic
-
A
Buyer's Agent in 2013
Anthony Boatner
Realty Executives Southern AZ
Map
Source: MLS of Southern Arizona
MLS Number: 21707391
APN: 112-07-155B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
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