NOT LISTED FOR SALE

3056 N Cherry Ave Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $357,000 - $729,127

5 Beds
3 Baths
2,080 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $318,000 $153 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,608/month

134 Days on Market

Highlights

  • 0.14 Acre Lot
  • Eat-In Kitchen
  • Landscaped with Trees
  • Ranch Style House
  • Living Room
  • Shed

About This Home

As of November 2022

BACK ON MARKET! Highly desirable duplex setup with 3bed/1.5ba+2bed/1ba. Landlord perks to optimize rental income include individual onsite laundry hookups, covered parking & individual storage sheds! Est cap rate of 8%. Neighboring identical duplex is also available (see MLS#22211681/22211682). Price is already reduced to account for the remaining repairs this property may need. Estate has no additional funds so property is sold in AS IS condition. Priced well below comps to account for remaining improvements you could make to maximize rental income potential. See attached proforma documents and special instructions for submitting offer.

Last Agent to Sell the Property

Todd Helmick

Tierra Antigua Realty Listed on: 05/06/2022

Tierra Antigua Realty

Last Buyer's Agent

James Allen

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1975

Lot Details

  • 5,900 Sq Ft Lot
  • Dirt Road
  • Wood Fence
  • Landscaped with Trees

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • Window Treatments
  • Living Room
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

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

Additional Features

  • North or South Exposure
  • Shed
  • Ground Level

Listing and Financial Details

  • $1,894 special tax assessment

Community Details

Overview

  • Hedrick Acreage Tract No 3 Subdivision

Building Details

  • Insurance Expense $800
  • Professional Management Expense $2,820
  • Water Sewer Expense $1,300
  • Gross Income $33,600
  • Net Operating Income $26,786

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,718

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: HEDRICK ACREAGE TRACT NO 3 N48.33' OF S96.67' OF LOT 14 BLK C
  • Attached Detached: Attached
  • List Price per Sq Ft: 161.06
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2080.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Missing: All
  • Laundry Other: each unit has hookup
  • Living Areas: Living Room
  • Extra Room: None

Exterior Features

  • Construction: Brick
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: None
  • Landscape Rear: Trees
  • Patio Deck Other: Varied
  • Pool: None
  • Road Maintenance: Owner Maintenance
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: None
  • Exterior Feature: Shed

Garage/Parking

  • Total Parking: 4

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: No
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1894.00

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: 56.78
  • Lot Sq Ft: 5900.00
  • Lot Sz Sold Prc Sq Ft: 53.90
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1975

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: 113-07-104G
  • Taxes: 1717.79
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Amphitheater
  • Elementary School: Holaway
  • High School: Amphitheater
  • School District: Amphitheater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 17, 2022
Sold by
Donis-Kuzdal Laurie
Bought by
Hane Thurston Thi Ha and Thi Myat Kay
Seller's Agent
Todd Helmick
Tierra Antigua Realty
Buyer's Agent
James Allen
Keller Williams Southern Arizona
List Price
$335,000
Sold Price
$318,000
Premium/Discount to List
-$17,000
-5.07%
Views
3
Current Estimated Value
$461,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,532
Avg. Annual Appreciation
12.43%
Original Mortgage
$252,000
Outstanding Balance
$243,145
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$218,387

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 4, 2022
Sold by
Wilson Mary Rutherford and Donis-Kuzdal Laurie
Bought by
Hane Thurston Thi Ha and Thi Myat Kay
Seller's Agent
Todd Helmick
Tierra Antigua Realty
Buyer's Agent
James Allen
Keller Williams Southern Arizona
List Price
$335,000
Sold Price
$318,000
Premium/Discount to List
-$17,000
-5.07%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$243,145
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$218,387
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hane Thurston Thi Ha $318,000 Pioneer Title
Hane Thurston Thi Ha $318,000 Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hane Thurston Thi Ha $252,000
Closed Hane Thurston Thi Ha $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $318,000 -5.1% $153 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $335,000 0.0% $161 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $335,000 -- $161 / Sq Ft
Source: MLS of Southern Arizona

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 $1,898 $15,421 -- --
2024 $1,828 $14,687 -- --
2023 $1,772 $13,987 $0 $0
2022 $1,755 $13,321 $0 $0
2021 $1,718 $12,083 $0 $0
2020 $1,707 $12,422 $0 $0
2019 $1,663 $12,607 $0 $0
2018 $1,610 $10,437 $0 $0
2017 $1,582 $10,437 $0 $0
2016 $1,513 $9,940 $0 $0
2015 $1,466 $9,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Helmick

    Seller's Agent in 2022

    Todd Helmick

    Tierra Antigua Realty

    (520) 490-0516

    3 in this area

    98 Total Sales

    Todd Helmick
    Section Image

  • J

    Buyer's Agent in 2022

    James Allen

    Keller Williams Southern Arizona

  • A

    Buyer Co-Listing Agent in 2022

    Aaron Wilson

    Realty Executives Southern AZ

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22211681

MLS of Southern Arizona

APN: 113-07-104G

Arizona Pima County Tucson 85719 Hedrick Acres

3056 N Cherry Ave, Tucson, AZ

Not Listed for Sale

MultiFamily

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