NOT LISTED FOR SALE

2951 N Palo Verde Ave Tucson, AZ 85716

Cabrini Neighborhood

Estimated Value: $306,504 - $404,000

4 Beds
2 Baths
1,664 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $196,000 $118 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,016/month

31 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Storage
  • Davidson Elementary School Rated 9+
  • Bathtub with Shower
  • Ceramic Tile Flooring

About This Home

As of December 2019

Charming Red brick duplex with both units at about 832 sq ft 2 bed 1 bath with new ACs. Both units are rented at $800 a month andtenants pay all utilities. Water Sewer Trash utilities are in owners name and then are split between each unit and billed back to tenant.$15,903.07 NOI for the past 12 months !!

Last Agent to Sell the Property

Omer Kreso

Realty Executives Arizona Territory Listed on: 11/15/2019

Realty Executives Arizona Territory

Co-Listed By

James Robertson

Realty Executives Arizona Territory

Last Buyer's Agent

Darla Johnson

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,664 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Mountain Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

  • Davidson Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,368 special tax assessment

Community Details

Overview

  • Granada Park Subdivision

Building Details

  • Insurance Expense $529
  • Gross Income $18,400
  • Net Operating Income $15,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: GRANADA PARK N50' S2 LOT 1 BLk 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 123.20
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 800.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 1664.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Oven: gas
  • Living Areas: Living Room
  • Laundry: Storage
  • Extra Room: None
  • Kitchen Features: Dishwasher, Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 600.00
  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 1367.93

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: irregular
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 33.62
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 32.14
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1980

Rental Info

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

Tax Info

  • Tax Code: 111-06-215A
  • Taxes: 1367.93
  • Tax Year: 2018
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 18, 2019
Sold by
Alsamra Llc
Bought by
Hiner Caleb C and Catobius Jessica C
Seller's Agent
Omer Kreso
Realty Executives Arizona Territory
Buyer's Agent
Darla Johnson
Long Realty
List Price
$196,000
Sold Price
$196,000
Current Estimated Value
$354,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,126
Avg. Annual Appreciation
10.90%
Original Mortgage
$147,000
Outstanding Balance
$130,130
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$223,996

Purchase Details

Listed on
Jan 6, 2018
Closed on
Jan 22, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Alsamra Llc
Seller's Agent
Shawn Polston
Keller Williams Southern Arizona
Buyer's Agent
Omer Kreso
Realty Executives Arizona Territory
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%

Purchase Details

Closed on
Aug 31, 2017
Sold by
Magill James Gregory and Magill Eunice S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 21, 2007
Sold by
Guibor Bryck E and Guibor Mary Susan
Bought by
Carrera Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Guibor Bryck E and Guibor Mary Susan
Bought by
Guibor Bryck E and Guibor Mary Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Kai Nancy K
Bought by
Valdes Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Saunders Cynthia L and Taylor Charles E
Bought by
Guibor Bryck E and Guibor Mary Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Watabe Shinyoung
Bought by
Magill James Gregory and Magill Eunice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2002
Sold by
Watabe Mitsuyuki
Bought by
Watabe Shin Young

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mcdonald Douglas E and Mcdonald Brenda K
Bought by
Watabe Shinyoung

Purchase Details

Closed on
Jul 19, 2001
Sold by
Kai Nancy
Bought by
Kai Nancy

Purchase Details

Closed on
Apr 19, 1999
Sold by
Mcdonald Douglas E and Mcdonald Brenda K
Bought by
Mcdonald Douglas E and Mcdonald Brenda K
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 Buyer Sale Price Title Company
Hiner Caleb C $196,000 Fidelity Natl Ttl Agcy Inc
Alsamra Llc $138,000 Magnus Title Agency Llc
Deutsche Bank National Trust Company $138,000 None Available
Carrera Andrew A $49,900 Ttise
Carrera Andrew A $49,900 Ttise
Guibor Bryck E -- None Available
Guibor Bryck E -- None Available
Guibor Bryck E -- None Available
Valdes Laura $189,000 Ticor
Guibor Bryck E $175,000 Commonwealth Land Title Insu
Magill James Gregory $190,000 --
Magill James Gregory $190,000 --
Magill James Gregory $190,000 --
Watabe Shin Young -- --
Watabe Shinyoung $115,000 --
Watabe Shinyoung $115,000 --
Watabe Shingyoung $115,000 --
Kai Nancy -- --
Mcdonald Douglas E -- --
Mcdonald Douglas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiner Caleb C $147,000
Previous Owner Carrera Andrew A $156,600
Previous Owner Valdes Laura $151,200
Previous Owner Guibor Bryck E $140,000
Previous Owner Magill James Gregory $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $196,000 0.0% $118 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $196,000 +42.0% $118 / Sq Ft
01/23/2018 01/23/18 Sold $138,000 0.0% $83 / Sq Ft
01/06/2018 01/06/18 For Sale $138,000 -- $83 / 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 $1,551 $12,219 -- --
2024 $1,551 $11,637 -- --
2023 $1,470 $11,083 $0 $0
2022 $1,470 $10,555 $0 $0
2021 $1,462 $9,574 $0 $0
2020 $1,417 $12,573 $0 $0
2019 $1,399 $10,467 $0 $0
2018 $1,368 $8,270 $0 $0
2017 $1,360 $8,270 $0 $0
2016 $1,338 $7,917 $0 $0
2015 $1,298 $7,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21929804

MLS of Southern Arizona

APN: 111-06-215A