NOT LISTED FOR SALE

2620 N 14th Ave Tucson, AZ 85705

Balboa Heights Neighborhood

Estimated Value: $746,000 - $1,555,000

-- Bed
-- Bath
11,039 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $720,000 $65 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,523/month

197 Days on Market

Highlights

  • 1.06 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Jacinto Park

About This Home

As of April 2016

This address is sold together with 2630 North 14th Avenue (107-09-015A) for a total price of $720,000.00. Total gross rents are $10,629.67, per month (this includes a water reimbursement due to the units being sub-metered for water). The buildings were built over many different years. The maintenance figure is inordinately high due to investment (refrigerators, etc) by the owner.

Last Agent to Sell the Property

Len Vance

Vance Realty Listed on: 09/21/2015

Last Buyer's Agent

Morgan Abraham

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1948

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 162x283

Home Design

  • 11,039 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $4,340 special tax assessment

Community Details

Overview

  • Miracle Mile Manor Subdivision

Building Details

  • Fuel Expense $1,979
  • Insurance Expense $4,800
  • Maintenance Expense $50,280
  • Water Sewer Expense $10,516
  • Gross Income $113,791
  • Net Operating Income $41,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,249

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Miracle Mile Lot 14 & 15 blk 2 exc alley and Miracle Mile Lot 16 blk 2 exc alley
  • List Price per Sq Ft: 65.22
  • Unit Info Average Monthly Rent One Bedroom: 456.00
  • Unit Info Average Monthly Rent Two Bedroom: 603.00
  • Unit Info Average Monthly Rent Three Bedroom: 662.00
  • Unit Info Avg Mo Rent Other: 776.00
  • Unit Info Number Of Units1 B R: 10
  • Unit Info Number Of Units2 B R: 4
  • Unit Info Number Of Units3 B R: 2
  • Unit Info Number Of Units Other: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 11039.00

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 1979.00
  • Expenses Maintenance Supplies: 50280.00
  • Expenses Taxes Assessments: 4340.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.06
  • Lot Dimensions: 162X283
  • Lot Size Price Sq Ft: 15.66
  • Lot Sq Ft: 45975.00
  • Lot Sz Sold Prc Sq Ft: 15.66
  • Municipality Zoning: Tucson - C2

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 107-09-013A
  • Taxes: 3248.72
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Mcganty Daniel and Mcganty Helen
Bought by
Wibu Rose Llc
Current Estimated Value
$1,135,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,196,982
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
-$61,333

Purchase Details

Closed on
Aug 25, 2020
Sold by
Chow Daniel and 655 Wealth Trust
Bought by
Mcganty Daniel and Brierley Helen

Purchase Details

Closed on
Sep 25, 2018
Sold by
2620 14Th Avenue Llc
Bought by
Chow Daniel

Purchase Details

Listed on
Sep 21, 2015
Closed on
Apr 12, 2016
Sold by
14Th Casitas Llc
Bought by
Abraham Morgan and Abraham Allan
Seller's Agent
Len Vance
Vance Realty
Buyer's Agent
Morgan Abraham
Long Realty
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$620,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 21, 2015
Sold by
The Mitchell Family Trust
Bought by
14Th Casitas Llc

Purchase Details

Closed on
Nov 21, 2014
Sold by
Arjay Investments Llc
Bought by
Mitchell Jimmie Charles and Mitchell Myrna Lou

Purchase Details

Closed on
Sep 25, 2003
Sold by
Mitchell Jimmie Charles and Mitchell Myrna Lou
Bought by
Arjay Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,930
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1996
Sold by
Mitchell Jimmie C and Mitchell Myrna L
Bought by
Mitchell Jimmie Charles and Mitchell Myrna Lou

Purchase Details

Closed on
Jun 1, 1994
Sold by
Ebert William A and Ebert James H
Bought by
Mitchell Jimmie C and Mitchell Myrna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Wibu Rose Llc $1,650,000 Fidelity National Title Agency
Mcganty Daniel $1,175,000 Fidelity Natl Ttl Agcy Inc
Chow Daniel $750,000 Fidelity National Title Agen
Chow Daniel $750,000 Fidelity National Title Agen
Abraham Morgan $720,000 Stewart Title
14Th Casitas Llc -- None Available
Mitchell Jimmie Charles $574,000 None Available
Arjay Investments Llc $712,130 --
Mitchell Jimmie Charles -- --
Mitchell Jimmie C $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wibu Rose Llc $1,225,000
Previous Owner Abraham Morgan $620,000
Previous Owner Arjay Investments Llc $623,930
Previous Owner Mitchell Jimmie C $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $720,000 0.0% $65 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $720,000 -- $65 / 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 $4,035 $34,037 -- --
2024 $4,035 $32,416 -- --
2023 $3,912 $30,872 $0 $0
2022 $3,873 $29,402 $0 $0
2021 $3,791 $26,669 $0 $0
2020 $3,768 $33,181 $0 $0
2019 $3,672 $30,856 $0 $0
2018 $3,553 $23,037 $0 $0
2017 $3,574 $23,037 $0 $0
2016 $3,361 $21,940 $0 $0
2015 $3,196 $20,896 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Len Vance

    Vance Realty

    (520) 400-6074

    8 Total Sales

    Len Vance
    Section Image

  • M

    Buyer's Agent in 2016

    Morgan Abraham

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21526254

MLS of Southern Arizona

APN: 107-09-013A

Arizona Pima County Tucson 85705 Balboa Heights

2620 N 14th Ave, Tucson, AZ

This home is located at 2620 N 14th Ave, Tucson, AZ 85705 since 21 September 2015 and is currently estimated at $1,135,649, approximately $102 per square foot. This property was built in 1948. 2620 N 14th Ave is a home located in Pima County with nearby schools including E C Nash Elementary School, La Cima Middle School, and Amphitheater High School.

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