NOT LISTED FOR SALE

Estimated Value: $422,000 - $473,000

3 Beds
2 Baths
1,443 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $412,500 $286 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,599/month

41 Days on Market

Highlights

  • Guest House
  • Contemporary Architecture
  • No HOA
  • Mountain View
  • Arizona Room
  • Living Room

About This Home

As of October 2023

Introducing a fantastic investment opportunity nestled in the highly sought-after Blenman Elm neighborhood, just steps away from the prestigious University of Arizona. This charming 3-bedroom, 2-bathroom home comes complete with a separate guest house, making it a versatile property with tremendous income potential. Upon arrival, you'll be greeted by the timeless appeal of this classic Tucson residence. The front yard boasts mature landscaping, providing both curb appeal and a welcoming atmosphere. The generous layout of the home offers a multitude of possibilities for comfortable living and entertaining. One of the standout features of this property is the separate guest house, perfect for hosting visiting faculty, students, or as a short-term rental. This addition adds tremendous value and income potential to the property, making it an attractive option for investors. For owner-occupants looking to put their personal touch on a home, this property presents an exceptional opportunity. With a little creativity and some updates, you can transform this house into your dream home while enjoying the financial benefits of the guest house. The Blenman Elm neighborhood is renowned for its tree-lined streets, historic charm, and proximity to the University of Arizona. As a potential investment property, its location ensures a steady stream of potential tenants, whether they are students, faculty, or visitors to the university. Don't miss the chance to make this property your own, whether as an investment or as your own residence with income-generating potential. Seize the opportunity to capitalize on this desirable location and schedule a viewing today. This home is a canvas waiting for your personal touch and investment vision.

Last Agent to Sell the Property

Kaukaha Watanabe

Real Broker License #SA584368000 Listed on: 09/15/2023

Real Broker

Last Buyer's Agent

Kristina Scott

Realty One Group Integrity

Realty One Group Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 1947

Lot Details

  • 7,800 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned Tucson - R1

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Lead Paint Disclosure

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • No Interior Steps
  • Arizona Room
  • Guest House

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,939

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • Co List Office Mls Id: 495203
  • Subdivision Name: New Deal Acres, Blk 21 Resub
  • General Property Information: List Price/SqFt: 311.85
  • General Property Information: Lot Size Price/SqFt: 57.69
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Steps YN: N
  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None

Exterior Features

  • ExteriorFeatures: None
  • Pool Conventional: No
  • Roof: Shingle
  • View: Mountain(s)
  • Disclosures: Lead-Based Paint, Insurance Claims History Report, Seller Prop Disclosure
  • Construction Type: Concrete Block
  • Patio And Porch Features: None

Garage/Parking

  • Covered Parking Spaces: 1.0

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Dryer, Washer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: Subdivided, Decorative Gravel
  • Lot Size Sq Ft: 7800.0
  • Zoning: Tucson - R1

Building Info

  • Year Built: 1947

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2939.33

MLS Schools

  • Elementary School: Blenman
  • High School: Tucson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 25, 2023
Sold by
Angelita V Lopez Living Trust and Lopez Angelita V
Bought by
Wild Spencer and Climes Caitlin
Seller's Agent
Kaukaha Watanabe
Real Broker
Buyer's Agent
Kristina Scott
Realty One Group Integrity
List Price
$450,000
Sold Price
$412,500
Premium/Discount to List
-$37,500
-8.33%
Views
319
Current Estimated Value
$448,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,921
Avg. Annual Appreciation
4.10%
Original Mortgage
$397,700
Outstanding Balance
$389,244
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$59,177

Purchase Details

Closed on
Sep 10, 2009
Sold by
Avl Corporation
Bought by
Lopez Angelita

Purchase Details

Closed on
Feb 2, 2009
Sold by
Lopez Angelita Valenzuela
Bought by
A V L Corporation

Purchase Details

Closed on
Aug 11, 1998
Sold by
Lynch Daniel James and Lynch Elaine D
Bought by
Lopez Angelita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back
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
Wild Spencer $412,500 Fidelity National Title Agency
Wild Spencer $412,500 Fidelity National Title Agency
Lopez Angelita -- None Available
A V L Corporation -- None Available
Lopez Angelita $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wild Spencer $397,700
Closed Wild Spencer $397,700
Previous Owner Lopez Angelita $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $412,500 -8.3% $286 / Sq Ft
09/15/2023 09/15/23 For Sale $450,000 -- $312 / 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 $2,850 $24,430 -- --
2024 $3,100 $23,267 -- --
2023 $2,925 $22,159 $0 $0
2022 $2,939 $21,104 $0 $0
2021 $2,922 $19,142 $0 $0
2020 $2,834 $19,142 $0 $0
2019 $2,796 $19,993 $0 $0
2018 $2,735 $16,661 $0 $0
2017 $2,740 $16,661 $0 $0
2016 $2,690 $16,134 $0 $0
2015 $2,688 $15,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22319923

MLS of Southern Arizona

APN: 123-03-1070