NOT LISTED FOR SALE

3078 N Cherry Ave Tucson, AZ 85719

Hedrick Acres Neighborhood

Estimated Value: $332,859 - $554,000

5 Beds
3 Baths
2,080 Sq Ft
$188/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2018

Last sale price $200,000 $96 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,241 / mo

21 Days on Market

Highlights

  • 0.15 Acre Lot
  • Corner Lot
  • Breakfast Area or Nook
  • Mountain View
  • Territorial Architecture
  • Bathtub with Shower

About This Home

As of August 2018

Charming San Luis burnt adobe brick 2 plex w/beehive FP in each unit.3078 is a 2BR w/1 BA, freshly painted w/huge mstr & spacious 2nd BR. New HVAC. 3076 is a 3BR with 1 1/2 bath.Both units have newer water heaters, roof 2 years old.3076 side has new washer,(older dryer) 3078 washer & dryer about 4 years old. Lg storage unit on side of duplex, a unit for each tenant.Carport has covered parking for 1 vehicle for each side + plenty of additional parking adjacent to car port. Part of back fence is new with corrigated metal & ocotillo. Current renter in 3076 is on a month to month lease w/30 day notice.All appliances included. Close to U of A & bike path. $6500 Capital Expense was HVAC. Seller is a licensed real estate agent in the state of Arizona, and the principal in the transaction.

Last Agent to Sell the Property

Robin Kaiserman

Long Realty Listed on: 08/02/2018

Last Buyer's Agent

Jake Arnold

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1975

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Duplex
  • Territorial Architecture
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Parking Pad
  • Gravel Driveway

Location

  • Ground Level
  • Flood Zone Lot

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

Listing and Financial Details

  • $1,705 special tax assessment

Community Details

Overview

  • Hedrick Acreage Tract No 3 Subdivision

Building Details

  • Insurance Expense $2,063
  • Water Sewer Expense $1,594
  • Gross Income $16,500
  • Net Operating Income $4,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1975

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Territorial
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Hedrick Acreage Tract No.3, N52.84' of Lot 13 Blk C
  • Attached Detached: Attached
  • List Price per Sq Ft: 93.75
  • Subdivision Restrict C C And Rs: No
  • 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

  • Window Coverings: Stay
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 2080.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: Area
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room
  • Laundry: Dryer Included, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: Yes
  • Fence: Shared Fence
  • Fence Other: Ocotillo & Metal
  • Landscape Front: None
  • Landscape Rear: Low Care, Trees
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 2

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

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Capital Expenses: 6500.00
  • Expenses Contract Services: 200.00
  • Expenses Figures Presented: Actual
  • Expenses Other Expenses: 400.00
  • Expenses Taxes Assessments: 1705.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.15
  • Lot Dimensions: Unknown
  • Lot Features: Corner Lot, North/South Exposure
  • Lot Size Price Sq Ft: 29.84
  • Lot Sq Ft: 6534.00
  • Lot Sz Sold Prc Sq Ft: 30.61
  • 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 Landscaping: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 113-07-104B
  • Taxes: 1744.49
  • Tax Year: 2017
  • 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

Closed on
Jan 4, 2024
Sold by
Magnify R/E Borrower Spv I Llc
Bought by
Ghannoum John
Current Estimated Value
$391,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$360,868
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$30,847

Purchase Details

Closed on
Jan 2, 2024
Sold by
Magnify R/E Borrower Spv I Llc
Bought by
Ghannoum John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$360,868
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$30,847

Purchase Details

Closed on
Oct 25, 2019
Sold by
Magnify Capital Real Estate Fund Lp
Bought by
Magnify Real Estate Borrower Spv I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 2, 2018
Closed on
Aug 22, 2018
Sold by
Reaves James Lynn
Bought by
Magnify Capital Real Estate Fund Lp
Seller's Agent
Robin Kaiserman
Long Realty
Buyer's Agent
Jake Arnold
Keller Williams Southern Arizona
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Aug 20, 2001
Sold by
Mcleod Lee David
Bought by
Mcleod Cherry L

Purchase Details

Closed on
Jun 23, 1998
Sold by
Reaves James Lynn
Bought by
Reaves James Lynn and Reaves Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.17%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Myers Michael H
Bought by
Wilson Mary R

Purchase Details

Closed on
Nov 22, 1996
Sold by
Vaughn Maria J
Bought by
Vaughn Maria J

Purchase Details

Closed on
Aug 14, 1996
Sold by
Myers Michael Harker and Vogelenzang Nicolaas Karel
Bought by
Myers Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 5, 1996
Sold by
Nichols Patricia A
Bought by
Vaughn Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 6, 1995
Sold by
Nichols Patricia A
Bought by
Nichols Patricia A

Purchase Details

Closed on
Jul 6, 1994
Sold by
Myers Michael Harker
Bought by
Myers Michael Harker and Vogelenzang Nicolaas Karel
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ghannoum John $375,000 Fidelity National Title Agency
Ghannoum John $375,000 Fidelity National Title Agency
Magnify Real Estate Borrower Spv I Llc -- Os National Llc
Magnify Capital Real Estate Fund Lp $200,000 Catalina Title Agency
Magnify Capital Real Estate Fund Lp $200,000 Catalina Title Agency
Mcleod Cherry L -- --
Reaves James Lynn -- First American Title Ins Co
Wilson Mary R $120,000 --
Vaughn Maria J -- --
Myers Michael H -- --
Vaughn Maria J $117,800 --
Nichols Patricia A -- --
Myers Michael Harker -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ghannoum John $368,207
Closed Ghannoum John $368,207
Previous Owner Magnify Real Estate Borrower Spv I Llc $50,000,000
Previous Owner Reaves James Lynn $69,000
Previous Owner Vaughn Maria J $83,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $200,000 0.0% $96 / Sq Ft
08/02/2018 08/02/18 For Sale $200,000 -- $96 / 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
2026 $1,827 $17,855 -- --
2025 $1,827 $17,005 -- --
2024 $2,016 $16,195 -- --
2023 $1,954 $15,424 $0 $0
2022 $1,935 $14,690 $0 $0
2021 $1,894 $13,324 $0 $0
2020 $1,883 $16,244 $0 $0
2019 $1,834 $16,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robin Kaiserman

    Long Realty

  • J

    Buyer's Agent in 2018

    Jake Arnold

    Keller Williams Southern Arizona

  • S

    Buyer Co-Listing Agent in 2018

    Scott Autenreith

    Keller Williams Southern Arizona

    (520) 306-6000

    2 in this area

    39 Total Sales

    Scott Autenreith
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Map

Source: MLS of Southern Arizona

MLS Number: 21820941

MLS of Southern Arizona

APN: 113-07-104B

Arizona Pima County Tucson 85719 Hedrick Acres

3078 N Cherry Ave, Tucson, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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