NOT LISTED FOR SALE

303 E Palmdale St Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $276,000 - $600,295

8 Beds
7 Baths
1,709 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $210,000 $123 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,247/month

294 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of August 2018

All the numbers are right for this fully occupied investment property! Five total units with rent rolls of $30,240.00 a year! Property consists of two parcels with two tax codes. First property has a duplex 303 &305 Palmdale, tax code 120-06-1540. A 1,709 Sq. Ft Duplex with two units with Rents of $550.00 Each. Each Unit has 2 bedrooms and 2 baths. Longtime tenants. Half of the duplex was updated 1/16. Second lot tax code Tax Code 120-06-1550, consisting of three free standing casitas. Unit one is 500 Sq. Ft, 2 Bedrooms, 1 Bath, $530 mo. Unit 2 is 523 Sq. Ft 1 bedroom 1 bath, $450 mo. Unit 3 is 689 Sq. Ft., 1 bedroom 1 bath, $450 mo. Continued...

Last Agent to Sell the Property

Tony Ray Baker

Tierra Antigua Realty Listed on: 08/24/2017

Last Buyer's Agent

Kristina Scott

Tucson Property Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1961

Lot Details

  • 13,000 Sq Ft Lot
  • Lot Dimensions are 50x50x139x50x50x139
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot

Home Design

  • Quadruplex
  • Bungalow
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Concrete Flooring
  • Gas Oven

Parking

  • 10 Parking Spaces
  • Gravel Driveway

Schools

  • Van Buskirk Elementary School
  • Utterback-Magnet Middle School
  • Pueblo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,370 special tax assessment

Community Details

Overview

  • Government Hgts Sub 2 Amd Subdivision
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $185
  • Gross Income $30,240
  • Net Operating Income $26,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Amended Government Heights No 2 Lot 10 Blk 12
  • Attached Detached: Detached
  • List Price per Sq Ft: 130.49
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Concrete
  • Gross Sq Ft: 1709.00
  • Bathroom Features: Shower Only/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: None
  • Kitchen Features Oven: Gas
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Block, Chain Link, Wood
  • Landscape Front: Graded
  • Landscape Rear: Graded
  • Patio Deck: Covered
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Total Parking: 10

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • 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: 2370.00

Schools

  • School District: TUSD
  • Elementary School: Van Buskirk
  • Middle School: Utterback-Magnet
  • High School: Pueblo

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.16
  • Lot Dimensions: 50x50x139x50x50x139
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 17.15
  • Lot Sq Ft: 13000.00
  • Lot Sz Sold Prc Sq Ft: 16.15
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1961

Rental Info

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

Tax Info

  • Tax Code: 120-06-1540
  • Taxes: 1070.73
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Utterback-Magnet
  • Elementary School: Van Buskirk
  • High School: Pueblo
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Jul 25, 2018
Sold by
Norgord Justus L
Bought by
Fuller Real Estate Holdings L L C
Seller's Agent
Tony Ray Baker
Tierra Antigua Realty
Buyer's Agent
Kristina Scott
Tucson Property Executives
List Price
$210,000
Sold Price
$210,000
Total Days on Market
294
Current Estimated Value
$392,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,490
Avg. Annual Appreciation
7.13%
Original Mortgage
$147,000
Outstanding Balance
$128,979
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$211,758

Purchase Details

Closed on
Jun 24, 2005
Sold by
Norgord Melissa
Bought by
Norgord Justus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Mike Mike B B and Mike Patricia L
Bought by
Norgord Justus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 1995
Sold by
Myers Douglas Mark and Myers Kandee
Bought by
Mike Mike B and Mike Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.43%
Mortgage Type
Purchase Money Mortgage
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
Fuller Real Estate Holdings L L C $210,000 Fidelity National Title Agen
Fuller Real Estate Holdings L L C $210,000 Fidelity National Title Agen
Norgord Justus -- Title Guaranty Agency Of Az
Norgord Justus $76,000 --
Mike Mike B $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Real Estate Holdings L L C $147,000
Closed Fuller Real Estate Holdings L L C $147,000
Previous Owner Norgord Justus $60,800
Previous Owner Mike Mike B $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $210,000 0.0% $123 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
08/24/2017 08/24/17 For Sale $210,000 -- $123 / 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 $1,172 $9,329 -- --
2023 $1,172 $8,884 -- --
2022 $1,178 $8,461 $0 $0
2021 $1,172 $7,675 $0 $0
2020 $1,136 $9,757 $0 $0
2019 $1,121 $8,685 $0 $0
2018 $1,096 $6,630 $0 $0
2016 $1,071 $6,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tony Ray Baker

    Tierra Antigua Realty

  • K

    Buyer's Agent in 2018

    Kristina Scott

    Tucson Property Executives

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21722340

MLS of Southern Arizona

APN: 120-06-1540

Arizona Pima County Tucson 85714 Fairgrounds

303 E Palmdale St, Tucson, AZ

This home is located at 303 E Palmdale St, Tucson, AZ 85714 since 24 August 2017 and is currently estimated at $384,074, approximately $224 per square foot. This property was built in 1961. 303 E Palmdale St is a home located in Pima County with nearby schools including Van Buskirk Elementary School, Utterback Middle School, and Pueblo High Magnet School.

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