NOT LISTED FOR SALE

3430 N Fontana Ave Tucson, AZ 85705

Amphi Neighborhood

Estimated Value: $327,000 - $349,000

4 Beds
4 Baths
1,680 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $260,000 $155 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,027/month

50 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • Ceramic Tile Flooring
  • Bathtub with Shower
  • Laundry closet
  • 1-Story Property

About This Home

As of April 2021

This midtown Duplex is a strong 7 cap. Both units 2 bed/2bath. Well maintained, owner managed, and never vacant. Separately metered for Water AND Electric. Units have A/C, private yards, and ample parking. This well-built duplex will earn you consistent income for years to come. Recent updates include two year old A/C for back unit and some refreshed appliances. Note: Leases are structured with a clause to allow for an owner-occupant and/or rent adjustment upon purchase. Existing leases are $850/$800 with under-market rent for long-term tenants.

Last Agent to Sell the Property

Kristjan Laumets

Peak Realty Investments Listed on: 03/07/2021

Co-Listed By

Robert Hehli

Peak Realty Investments

Last Buyer's Agent

Vivian Rebeil

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48x113
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,680 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • No Driveway
  • On-Street Parking

Schools

  • Prince Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Patio
  • Ground Level

Listing and Financial Details

  • $1,572 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $650
  • Gross Income $24,000
  • Net Operating Income $19,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,532

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: From Parcel:106043510 /Fontana Place N50' Lot 1
  • Attached Detached: Attached
  • List Price per Sq Ft: 154.76
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 825.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Window Coverings: None
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 1680.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Appliance Color: Black
  • Kitchen Features Microwave: Above Stove
  • Living Areas: Living Room
  • Laundry: Laundry Closet
  • Extra Room: None
  • Kitchen Features: Dishwasher, Electric Range, Garbage Disposal, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Heat Pump
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Sidewalks

Fee Information

  • Expenses Capital Expenses: 2100.00
  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1572.00

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: 48x113
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 42.64
  • Lot Sq Ft: 6098.00
  • Lot Sz Sold Prc Sq Ft: 42.64
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1999

Rental Info

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

Tax Info

  • Tax Code: 106-04-351B
  • Taxes: 1531.59
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Deleon Cassandra B Diaz and Deleon Jose
Bought by
James G Brown And Karen M Brown Living Trust and Brown
Total Days on Market
50
Current Estimated Value
$338,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Outstanding Balance
$248,017
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$90,002

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 12, 2021
Sold by
Double Venture Trust and Kouba Albert W
Bought by
Deleon Cassandra B Diaz and Escalante Jose
Seller's Agent
Kristjan Laumets
Peak Realty Investments
Buyer's Agent
Vivian Rebeil
RE/MAX Select
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$195,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2016
Sold by
Vazquez Guillermo
Bought by
Double Venture

Purchase Details

Closed on
Sep 21, 2016
Sold by
Vazquez Guillermo
Bought by
Double Venture

Purchase Details

Closed on
Oct 20, 2011
Sold by
Vasquez Silvia L
Bought by
Vasquez Guillermo

Purchase Details

Closed on
Oct 7, 2011
Sold by
Us Bank National Association
Bought by
Vasquez Guillermo

Purchase Details

Closed on
Jun 24, 2011
Sold by
Painter Craig and Painter Kathleen
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 1, 2003
Sold by
Ppa Properties I Llc
Bought by
Painter Craig and Painter Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2003
Sold by
Painter Craig and Painter Kathleen
Bought by
Ppa Properties I Llc

Purchase Details

Closed on
Sep 26, 2002
Sold by
Mortgage Electronic Registration Systems
Bought by
Painter Craig and Painter Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2000
Sold by
Terrell William M and Terrell Susan E
Bought by
Henderson Dwayne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,300
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1998
Sold by
Uriarte Francisco J and Uriarte Maria I
Bought by
Terrell William M and Terrell Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
6.92%

Purchase Details

Closed on
Jun 13, 1996
Sold by
Mki Ltd
Bought by
Uriarte Francisco J and Uriarte Maria I
Source: Public Records

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Range of Values:

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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
James G Brown And Karen M Brown Living Trust $335,000 Stewart Title & Trust Of Tucso
Deleon Cassandra B Diaz -- Stewart Title
Double Venture -- None Available
Double Venture -- None Available
Double Venture -- None Listed On Document
Vasquez Guillermo -- Tfnti
Vasquez Guillermo -- Tfnti
Vasquez Guillermo $56,000 Lawyers Title Of Arizona Inc
Us Bank National Association $187,319 Accommodation
Painter Craig -- --
Ppa Properties I Llc -- --
Painter Craig $130,000 First American Title
Henderson Dwayne W $137,900 --
Terrell William M $33,000 --
Uriarte Francisco J $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James G Brown And Karen M Brown Living Trust $251,250
Previous Owner Deleon Cassandra B Diaz $195,000
Previous Owner Painter Craig $168,000
Previous Owner Painter Craig $42,000
Previous Owner Painter Craig $120,500
Previous Owner Painter Craig $115,200
Previous Owner Henderson Dwayne W $110,300
Previous Owner Terrell William M $26,400
Closed Henderson Dwayne W $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $260,000 0.0% $155 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $260,000 -- $155 / 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 $1,640 $13,175 -- --
2023 $1,574 $12,548 $0 $0
2022 $1,574 $11,950 $0 $0
2021 $1,541 $10,839 $0 $0
2020 $1,532 $11,784 $0 $0
2019 $1,492 $11,864 $0 $0
2018 $1,444 $9,363 $0 $0
2017 $1,419 $9,363 $0 $0
2016 $1,359 $8,917 $0 $0
2015 $1,316 $8,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22106049

MLS of Southern Arizona

APN: 106-04-351B