NOT LISTED FOR SALE

3425 E Fairmount St Tucson, AZ 85716

Palo Verde Neighborhood

Estimated Value: $371,000 - $495,784

5 Beds
4 Baths
2,437 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $290,000 $119 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,699/month

17 Days on Market

Highlights

  • RV Parking in Community
  • Southwestern Architecture
  • Covered Patio or Porch
  • Terracotta or Satillo Flooring
  • Great Room
  • Breakfast Area or Nook

About This Home

As of April 2018

INVESTOR'S DREAM! Two separate houses: 3BR/2BA & 2BR/2BA. 7.02% CAP Rate. Landlord pays NO UTILITIES. In a great area on a pretty street. Long-term existing tenants (14+ & 2+ yrs) w/solid documented rental payment histories. TWO-YEAR LEASE remaining at these rates for continued rental income - sit back & just cashflow. Rents are real & fair-market value. Beautiful adobe construction w/large separate fenced yards, 2-car carport, separate electric & gas meters & mid-metered water line. Each unit has washer/dryer hookups. All appliances included. New roof Feb 2018 under warranty! Tiled living areas & carpeted bedrooms. Within 2 miles to UofA & Banner-UMC Medical Center. DON'T MISS OUT! A professional floor plan will be available end of this week. PLEASE DO NOT DISTURB THESE NICE TENANTS

Last Agent to Sell the Property

Faith Canale

Tierra Antigua Realty Listed on: 03/12/2018

Co-Listed By

Daniel Fadok

Tierra Antigua Realty

Last Buyer's Agent

Denice Osbourne

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1972

Lot Details

  • 9,625 Sq Ft Lot
  • Lot Dimensions are 70 x 137.5
  • Wood Fence
  • Back and Front Yard

Home Design

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

Interior Spaces

  • 2,437 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Pavers
  • Terracotta

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Carport
  • Gravel Driveway

Schools

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

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

Overview

  • Morning View Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $661
  • Professional Management Expense $2,933
  • Gross Income $23,940
  • Net Operating Income $20,346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,933

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Southwestern
  • Technology: Cable TV, Telephone
  • Accessibility Options: None
  • Legal Description: MORNING VIEW TRACTS W 20' OF S2 OF L 3& E50' OF S2 OF LOT 4 BLK 9
  • Attached Detached: Detached
  • List Price per Sq Ft: 119.00
  • Subdivision Restrict C C And Rs: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows, Smoke Detector, Walk In Closets
  • Window Coverings: Stay
  • Floor Covering: Carpet, Mexican Tile
  • Gross Sq Ft: 2437.00
  • Bathroom Features: Shower & Tub/Hall, Shower Only/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Living Areas: Great Room
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal, Gas Range, Refrigerator

Exterior Features

  • Construction: Burnt Adobe
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Covered, Paver
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Rv Parking: Space Available
  • 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, Dual, Evaporative Cooling
  • 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

Schools

  • School District: TUSD
  • Elementary School: Blenman
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.22
  • Lot Dimensions: 70 x 137.5
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 30.13
  • Lot Sq Ft: 9625.00
  • Lot Sz Sold Prc Sq Ft: 30.13
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1972

Rental Info

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

Tax Info

  • Tax Code: 122-17-121A
  • Taxes: 2932.95
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 9, 2018
Sold by
D S Daugherty Llc
Bought by
Zonapaz Llc
Seller's Agent
Faith Canale
Tierra Antigua Realty
Buyer's Agent
Denice Osbourne
Long Realty
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$444,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,946
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Daugherty David M and Daugherty Stella K
Bought by
Daugherty David Marston and Daugherty Stella Kay

Purchase Details

Closed on
Jul 15, 2002
Sold by
Carlson Joan Harger
Bought by
Daugherty David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back
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
Zonapaz Llc $290,000 Long Title Agency Inc
Daugherty David Marston -- None Available
Daugherty David M $145,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daugherty David Marston $151,890
Previous Owner Daugherty David M $165,000
Previous Owner Daugherty David M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $290,000 0.0% $119 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $290,000 -- $119 / 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 $3,152 $25,093 -- --
2023 $3,152 $23,898 -- --
2022 $3,170 $22,760 $0 $0
2021 $3,152 $20,644 $0 $0
2020 $3,056 $20,644 $0 $0
2019 $3,016 $21,449 $0 $0
2018 $2,950 $17,833 $0 $0
2016 $2,832 $16,984 $0 $0
2015 $2,744 $16,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Faith Canale

    Tierra Antigua Realty

  • D

    Seller Co-Listing Agent in 2018

    Daniel Fadok

    Tierra Antigua Realty

  • D

    Buyer's Agent in 2018

    Denice Osbourne

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21807199

MLS of Southern Arizona

APN: 122-17-121A

Arizona Pima County Tucson 85716 Palo Verde

3425 E Fairmount St, Tucson, AZ

This home is located at 3425 E Fairmount St, Tucson, AZ 85716 since 12 March 2018 and is currently estimated at $444,946, approximately $182 per square foot. This property was built in 1972. 3425 E Fairmount St is a home located in Pima County with nearby schools including Blenman Elementary School, Doolen Middle School, and Catalina High School.

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