NOT LISTED FOR SALE

3414 E Glenn St Tucson, AZ 85716

Doolen-Fruitvale Neighborhood

Estimated Value: $484,000 - $638,000

8 Beds
-- Bath
2,794 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $552,000 $198 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,088/month

37 Days on Market

Highlights

  • RV Access or Parking
  • Great Room
  • Enclosed Patio or Porch
  • Mountain View
  • No HOA
  • Brick or Stone Mason

About This Home

As of March 2024

Awesome 4-plex! Wire Cut red-brick 4-plex features four 2bd/1bath units. All units have air conditioning, carports, private fenced yards and laundry hook-ups. RENTS ARE WAY BELOW MARKET. SIMILAR UNITS RENT FOR $1,000 TO $1,200 PER UNIT. This property has the potential for significant upside, WITHOUT a significant cash outlay. Property has been well maintained and is well constructed, with all the features Tenants are looking for in an apartment. Individual unit information below shows actual rents. Income/expenses reflect proforma rents of $1,100 per month. Sellers will review all offers Wednesday February 7th 8:00 AM and respond by Wednesday February 7th 8:00 PM. Contact LA for Offering Memorandum. This property must be sold with adjacent 4-plex at 3412 E. Glenn and close simultaneously

Last Agent to Sell the Property

Jade Bossert

Tierra Antigua Realty Listed on: 02/02/2024

Tierra Antigua Realty

Last Buyer's Agent

Anthony Urbina

Long Realty License #SA687271000

Long Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 56' x233'x56'x231

Home Design

  • Bungalow
  • Quadruplex
  • Brick or Stone Mason
  • Built-Up Roof
  • Lead Paint Disclosure

Interior Spaces

  • Bathtub and Shower Combination in Primary Bathroom
  • 2,794 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Mountain Views
  • Electric Range
  • Laundry Located Outside

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Carport
  • Driveway
  • RV Access or Parking

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

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

Additional Features

  • North or South Exposure
  • Enclosed Patio or Porch
  • Ground Level

Listing and Financial Details

  • $2,406 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $200
  • Insurance Expense $1,344
  • Maintenance Expense $4,000
  • Other Expense $530
  • Water Sewer Expense $3,280
  • New Taxes Expense $2,406
  • Operating Expense $15,065
  • Gross Income $50,160
  • Net Operating Income $35,095

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.32 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 56' X233'x56'x231
  • Road Surface Type: Paved
  • CapRate: 6.36
  • Supplies Expense: 4000.0
  • Co List Office Mls Id: 286607
  • Subdivision Name: Fruitvale Addition
  • General Property Information: List Price/SqFt: 201.15
  • General Property Information: Lot Size Price/SqFt: 40.07
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: White
  • Kitchen Features Countertops: Varies
  • Interior Steps: No
  • Appliances: Electric Range, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Residential, Mountain(s)
  • Construction Type: Brick
  • Patio And Porch Features: Enclosed

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: Other, Outside
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Admin Expenses: 600.0
  • Expenses Capital Expenses: 2000.0
  • Expenses Contract Services: 705.0
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 200.0
  • Expenses Maintenance Supplies: 4000.0
  • Expenses Other Expenses: 530.0
  • Expenses Taxes Assessments: 2406.0
  • Annual Water Sewer Expense: 3280.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Doolen

Lot Info

  • Lot Features: North/South Exposure
  • Lot Size Sq Ft: 40.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1960

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 2406.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50160.0
  • Insurance Expense: 1344.0
  • Property Net Operating Income: 35095.0
  • Annual Operating Expense: 15065.0

MLS Schools

  • Elementary School: Blenman
  • High School: Catalina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 8, 2024
Sold by
Zapf David M and Zapf Karen L
Bought by
Nelson Elvia G and Nelson George J
Seller's Agent
Jade Bossert
Tierra Antigua Realty
Buyer's Agent
Anthony Urbina
Long Realty
List Price
$562,000
Sold Price
$552,000
Premium/Discount to List
-$10,000
-1.78%
Views
38
Current Estimated Value
$556,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,186
Avg. Annual Appreciation
0.39%
Original Mortgage
$414,000
Outstanding Balance
$405,583
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$150,603

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 29, 2024
Sold by
Zapf David M and Phillips Karen L
Bought by
Nelson Elvia G and Nelson George J
Seller's Agent
Jade Bossert
Tierra Antigua Realty
Buyer's Agent
Anthony Urbina
Long Realty
List Price
$562,000
Sold Price
$552,000
Premium/Discount to List
-$10,000
-1.78%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$405,583
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$150,603

Purchase Details

Closed on
Oct 20, 2020
Sold by
Zapf David M and Phillips Karen L
Bought by
Zapf David M and Phillips Karen L

Purchase Details

Closed on
Mar 28, 2011
Sold by
Richardson Rolland L and Richardson Paulina J
Bought by
Zapf David M and Phillips Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Richardson Rolland L and Richardson Paulina J
Bought by
Richardson Rolland L and Richardson Paulina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1998
Sold by
Richardson Rolland L and Richardson Paulin J
Bought by
Richardson Rolland I and Richardson Paulin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 3, 1998
Sold by
Richardson Rolland L and Richardson Paulina J
Bought by
Richardson Rolland L and Richardson Paulina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Adams Bruce G and Adams Kristin J
Bought by
Richardson Rolland L and Richardson Paulina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
8.56%
Mortgage Type
New Conventional
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
Nelson Elvia G $552,000 Stewart Title & Trust Of Tucso
Nelson Elvia G $552,000 Stewart Title & Trust Of Tucso
Zapf David M -- None Listed On Document
Zapf David M $169,000 Title Security Agency
Zapf David M $169,000 Title Security Agency
Richardson Rolland L -- --
Richardson Rolland L -- Lawyers Title
Richardson Rolland L -- --
Richardson Rolland L -- Lawyers Title
Richardson Rolland I -- --
Richardson Rolland L -- --
Richardson Rolland L $120,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Elvia G $414,000
Closed Nelson Elvia G $414,000
Previous Owner Zapf David M $126,750
Previous Owner Richardson Rolland L $72,400
Previous Owner Richardson Rolland L $78,000
Previous Owner Richardson Rolland L $77,400
Closed Richardson Rolland L $72,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $552,000 -1.8% $198 / Sq Ft
02/02/2024 02/02/24 For Sale $562,000 0.0% $201 / Sq Ft
10/18/2019 10/18/19 Rented $750 0.0% --
09/18/2019 09/18/19 Under Contract -- -- --
11/13/2015 11/13/15 For Rent $750 -- --
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 $2,658 $21,099 -- --
2025 $2,658 $20,094 -- --
2024 $2,550 $19,137 -- --
2023 $2,406 $18,226 $0 $0
2022 $2,418 $17,358 $0 $0
2021 $2,404 $15,744 $0 $0
2020 $2,331 $16,507 $0 $0
2019 $2,300 $14,995 $0 $0
2018 $2,362 $14,806 $0 $0
2017 $2,435 $14,806 $0 $0
2016 $2,493 $14,806 $0 $0
2015 $2,435 $14,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jade Bossert

    Seller's Agent in 2024

    Jade Bossert

    Tierra Antigua Realty

    (520) 318-5290

    2 in this area

    57 Total Sales

    Jade Bossert
    Section Image
  • Anthony Urbina

    Buyer's Agent in 2024

    Anthony Urbina

    Long Realty

    (520) 481-6541

    2 in this area

    133 Total Sales

    Anthony Urbina
    Section Image

  • R

    Buyer Co-Listing Agent in 2024

    Rudy Ruiz

    Keller Williams Southern Arizona

  • R

    Buyer Co-Listing Agent in 2024

    Rudolpho Ruiz

    Realty One Group Integrity

  • t

    Buyer Co-Listing Agent in 2024

    tar.rets.35276

    tar.rets.RETS_OFFICE

  • T

    Seller's Agent in 2019

    Tom Unger

    Butera Real Estate, Inc.

    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 22402898

MLS of Southern Arizona

APN: 111-07-1800

Arizona Pima County Tucson 85716 Doolen-Fruitvale

3414 E Glenn St, Tucson, AZ

Not Listed for Sale

MultiFamily

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