Michael Rhodes
Realty Executives Arizona Territory
(520) 441-8475
1,518 Total Sales
3 in Palo Verde
$265K - $330K Price Range
3250 E Fairmount St Tucson, AZ 85716
Palo Verde NeighborhoodEstimated Value: $411,000 - $520,954
5
Beds
4
Baths
2,848
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Two Primary Bathrooms
- Southwestern Architecture
- Covered Patio or Porch
- Wood Flooring
- Corner Lot
- Office or Studio
About This Home
As of April 2025Big price reduction! Own a historic multi-unit property with tons of potential. The main unit features a newly updated kitchen, wood and tile floors throughout a beehive fireplace and a basement. Unit 1 can be a 3bd/2ba or a 2bd/1ba + a studio. Units 2 and 3 are both 1bd/1ba. Each unit has new or newer AC units. Whether you choose to rent out as is or make further updates to increase rental income, this property offers a versatile investment opportunity in a very desirable central location.See documents for layouts.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,147
Year Built
- Built in 1932
Lot Details
- 8,966 Sq Ft Lot
- Lot Dimensions are 120x75x120x75
- Dog Run
- Wood Fence
- Block Wall Fence
- Corner Lot
Home Design
- Quadruplex
- Southwestern Architecture
- Bungalow
- Frame With Stucco
- Built-Up Roof
- Masonry
- Adobe
Interior Spaces
- Two Primary Bathrooms
- 2,848 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Family Room
- Dining Room
- Laundry Located Outside
Kitchen
- Breakfast Bar
- Gas Range
Flooring
- Wood
- Ceramic Tile
- Vinyl
Parking
- 3 Parking Spaces
- Carport
- Driveway
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
- Office or Studio
Location
- Ground Level
Schools
- Blenman Elementary School
- Doolen Middle School
- Catalina High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- $280 special tax assessment
Community Details
Overview
- Jones Addition Subdivision
- The community has rules related to deed restrictions
Building Details
- Insurance Expense $200
- Gross Income $3,800
- Net Operating Income $3,320
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2025
Closed on
Apr 24, 2025
Sold by
Bought by
Seller's Agent
Anthony Dee
OMNI Homes International
Buyer's Agent
Lilian Medina Rosas
Tierra Antigua Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,239
Avg. Annual Appreciation
4.52%
Original Mortgage
$382,500
Outstanding Balance
$377,625
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$99,614
Purchase Details
Closed on
Jun 3, 2024
Sold by
Bought by
Purchase Details
Closed on
Oct 25, 2005
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 2005
Sold by
Bought by
Purchase Details
Closed on
Oct 13, 2005
Sold by
Bought by
Purchase Details
Closed on
Oct 21, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,050
Interest Rate
6.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.98%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Palo Verde, AZ
-
Michael Rhodes
-
Liz and Tom Peckham
Liz and Tom Peckham
Long Realty
(520) 462-1441
109 Total Sales
1 in Palo Verde
$219,000 Price
-
Debbie Backus
Debbie Backus
Backus Realty and Development
(520) 762-6013
113 Total Sales
1 in Palo Verde
$242,000 Price
-
Tyler Gadi
Tyler Gadi
Long Realty
(520) 834-8201
125 Total Sales
1 in Palo Verde
$380,000 Price
-
Christine Gioia
Christine Gioia
Coldwell Banker Realty
(855) 944-0050
49 Total Sales
2 in Palo Verde
$86,500 Price Range
-
Laurie Hassey
Laurie Hassey
Long Realty
(520) 600-6737
494 Total Sales
4 in Palo Verde
$188K - $410K Price Range
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 |
|---|---|---|---|
| $450,000 | Stewart Title & Trust Of Tucso | ||
| $450,000 | Stewart Title & Trust Of Tucso | ||
| -- | None Listed On Document | ||
| $370,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| $264,000 | -- | ||
| $232,300 | -- | ||
| $200,000 | -- |
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 | $382,500 | ||
| Previous Owner | $208,550 | ||
| Previous Owner | $209,050 | ||
| Previous Owner | $120,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $450,000 | -9.7% | $158 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $498,500 | -9.4% | $175 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $550,000 | 0.0% | $193 / Sq Ft |
| 01/02/2013 01/02/13 | Rented | $800 | 0.0% | -- |
| 12/03/2012 12/03/12 | Under Contract | -- | -- | -- |
| 11/30/2012 11/30/12 | For Rent | $800 | -- | -- |
Source: MLS of Southern Arizona
Tax 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.
| 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 | $3,286 | $29,573 | ||
| 2025 | $3,286 | $28,165 | ||
| 2024 | $3,147 | $26,824 | ||
| 2023 | $2,949 | $25,546 | $0 | $0 |
| 2022 | $2,972 | $24,330 | $0 | $0 |
| 2021 | $2,982 | $22,068 | $0 | $0 |
| 2020 | $2,862 | $22,068 | $0 | $0 |
| 2019 | $2,780 | $23,043 | $0 | $0 |
| 2018 | $2,652 | $19,063 | $0 | $0 |
| 2017 | $2,531 | $19,063 | $0 | $0 |
| 2016 | $2,712 | $18,275 | $0 | $0 |
| 2015 | $2,609 | $17,405 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Dee
A
Seller's Agent in 2025
Anthony Dee
OMNI Homes International
(520) 282-1671
1 in this area
18 Total Sales
-
Lilian Medina Rosas
L
Buyer's Agent in 2025
Lilian Medina Rosas
Tierra Antigua Realty
(520) 645-0024
1 in this area
24 Total Sales
-
M
Seller's Agent in 2013
Mary Provost
Long Realty
Map
Source: MLS of Southern Arizona
MLS Number: 22505577
APN: 122-17-3180
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.
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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