NOT LISTED FOR SALE

2826 N Cherry Ave Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $367,000 - $789,149

5 Beds
3 Baths
2,002 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $325,000 $162 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,776/month

54 Days on Market

Highlights

  • 0.16 Acre Lot
  • Ranch Style House
  • Bathtub with Shower
  • Mountain View
  • Great Room
  • Laundry closet

About This Home

As of March 2021

3/2 up front and 2/1 in back. Both units remodeled: new heat/AC, floors, kitchen with quartz counters, paint, and bath. New windows. Roof in great shape, recent re-coat. Close to U of A and Mountain bike path. Both units have nice, large private yards. Definitely room to raise rents! Owner/agent.

Last Agent to Sell the Property

Kelli Eastburn

Peak Realty Investments Listed on: 01/06/2021

Co-Listed By

Gus Maughan

Peak Realty Investments

Last Buyer's Agent

Melissa Duarte

1st Heritage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55x128
  • East or West Exposure
  • Wood Fence
  • Back Yard

Home Design

  • Duplex
  • Ranch Style House
  • Built-Up Roof
  • Adobe

Interior Spaces

  • Bathtub with Shower
  • 2,002 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • 4 Parking Spaces
  • Parking Pad

Location

  • Ground Level

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • $1,647 special tax assessment

Community Details

Overview

  • Hedrick Acreage No 2 Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $715
  • Water Sewer Expense $1,200
  • Gross Income $22,200
  • Net Operating Income $18,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,778

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Duplex
  • Style: Ranch
  • Technology: Telephone
  • Accessibility Options: None
  • Legal Description: HEDRICK AREAGE TRACT NO 2 S54.84' N100' LOT 12 BLK A MAP REF:PLAT: 1
  • Attached Detached: Detached
  • List Price per Sq Ft: 164.84
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 2002.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Microwave: over range
  • Living Areas: Great Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Shared Fence, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 4

Utilities

  • Water: Public
  • Water Heater: Electric
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1647.00

Lot Info

  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: 55x128
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 47.35
  • Lot Sq Ft: 6970.00
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1959

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 113-07-017C
  • Taxes: 1777.72
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Glenwood Village Apartments Limited Part
Bought by
Derby Townhomes Llc
Current Estimated Value
$499,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Outstanding Balance
$1,794,181
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
-$1,294,894

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 14, 2021
Sold by
First Federal Llc
Bought by
Ruben Aari C and In Peepoopbutt And Fart Trust
Seller's Agent
Kelli Eastburn
Peak Realty Investments
Buyer's Agent
Melissa Duarte
1st Heritage Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Guibor Jeffrey
Bought by
First Federal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2018
Sold by
Guibor Garth
Bought by
Guibor Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2015
Sold by
Guibor Jeffrey and Guibor Garth
Bought by
Guibor Jeffrey and Guibor Garth

Purchase Details

Closed on
Jan 3, 2001
Sold by
Strickland Robert W and Strickland Patricia A
Bought by
Guibor George E and Guibor Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derby Townhomes Llc $2,600,000 Fidelity National Title Agency
Derby Townhomes Llc $2,600,000 Fidelity National Title Agency
Ruben Aari C $325,000 Pioneer Title Agency Inc
Peepoopbutt And Fart Trust -- Pioneer Title
First Federal Llc $172,500 Pioneer Title Agency Inc
Guibor Jeffrey -- None Available
Guibor Jeffrey -- None Available
Guibor Jeffrey -- None Available
Guibor George E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derby Townhomes Llc $1,820,000
Closed Derby Townhomes Llc $1,820,000
Previous Owner First Federal Llc $155,000
Previous Owner Guibor George E $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $325,000 0.0% $162 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $325,000 0.0% $162 / Sq Ft
12/30/2018 12/30/18 Rented $850 0.0% --
12/30/2018 12/30/18 For Rent $850 -- --
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 $1,976 $16,057 -- --
2024 $1,903 $15,292 -- --
2023 $1,845 $14,564 $0 $0
2022 $1,827 $13,870 $0 $0
2021 $1,789 $12,581 $0 $0
2020 $1,778 $15,855 $0 $0
2019 $1,732 $15,853 $0 $0
2018 $1,676 $10,868 $0 $0
2017 $1,647 $10,868 $0 $0
2016 $1,574 $10,350 $0 $0
2015 $1,508 $9,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelli Eastburn

    Peak Realty Investments

  • G

    Seller Co-Listing Agent in 2021

    Gus Maughan

    Peak Realty Investments

  • M

    Buyer's Agent in 2021

    Melissa Duarte

    1st Heritage Realty

  • J

    Seller's Agent in 2019

    Jesus Johnson

    Century 21 1st American

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22100433

MLS of Southern Arizona

APN: 113-07-017C

Arizona Pima County Tucson 85719 Hedrick Acres

2826 N Cherry Ave, Tucson, AZ

Not Listed for Sale

MultiFamily

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