$48,000
SOLD MAR 29, 2013

2525 E Spring St Tucson, AZ 85716

Country Glenn Neighborhood
-- Bed
-- Bath
800 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

129 Days on Market

About This Home

As of February 2021

Great investment opportunity and close enough to be considered a University rental. This is a Fannie Mae HomePath property that can be purchased for as little as 3% down and is approved for HomePath Renovation Mortgage financing. Contact agent for details. ''The seller has directed that all offers on this listing be made using the HomePath Online Offer system at the HomePath website.''

Last Agent to Sell the Property

Marsee Wilhems

RE/MAX Majestic Listed on: 11/20/2012

Last Buyer's Agent

Anthony Boatner

Realty Executives Southern AZ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1948

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 800 Sq Ft Home
  • Duplex

Utilities

  • Central Air
  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window

Community Details

  • Gross Income $8,400
  • Net Operating Income $7,326

Listing and Financial Details

  • $1,074 special tax assessment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,081

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Grant Road Park No 2 PTN of S64.50' of W70' of Lot 4 Blk 5
  • List Price per Sq Ft: 76.00
  • Unit Info Average Monthly Rent One Bedroom: 350.00
  • Unit Info Number Of Units1 B R: 2
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 800.00

Exterior Features

  • Construction: Slump Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Wall
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1074.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.10
  • Lot Dimensions: Unknown
  • Lot Size Price Sq Ft: 13.96
  • Lot Sq Ft: 4356.00
  • Lot Sz Sold Prc Sq Ft: 11.02
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 112-07-155B
  • Taxes: 1081.36
  • Tax Year: 2012

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
Current Estimated Value
$263,334

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
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 $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

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 $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

    Section Image
  • Jane Sage

    Seller Co-Listing Agent in 2021

    Jane Sage

    Tierra Antigua Realty

    (520) 204-2645

    1 in this area

    35 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non- Member

    Non-Member Office

  • Samantha Hei

    Seller's Agent in 2017

    Samantha Hei

    Coldwell Banker Realty

    (520) 355-3533

    69 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Marsee Wilhems

    RE/MAX Majestic

  • A

    Buyer's Agent in 2013

    Anthony Boatner

    Realty Executives Southern AZ

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21228740

MLS of Southern Arizona

APN: 112-07-155B

Arizona Pima County Tucson 85716 Country Glenn

2525 E Spring St, Tucson, AZ

This home is located at 2525 E Spring St, Tucson, AZ 85716 and is currently priced at $48,000, approximately $60 per square foot. This property was built in 1948. 2525 E Spring St is a home located in Pima County with nearby schools including Cragin Elementary School, Doolen Middle School, and Catalina High School.

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.

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