NOT LISTED FOR SALE

3453 E Pima St Tucson, AZ 85716

Palo Verde Neighborhood

Estimated Value: $668,000 - $813,000

-- Bed
-- Bath
4,024 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $655,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,168/month

254 Days on Market

Highlights

  • Mountain View
  • Secondary bathroom tub or shower combo
  • No HOA
  • Contemporary Architecture
  • Great Room
  • Eat-In Kitchen

About This Home

As of July 2022

Brand NEW ROOF completed 5/11! 4 Plex contains 3 - 3bed/2bath & 1- 2bed/2bath. Recent exterior paint this 4 plex is ready for an investor or someone who may want to house-hack and live in one unit and rent the rest! Current leases in place. Rents are low and ready for improvement. Shown with accepted offer only, do not disturb tenants!

Last Agent to Sell the Property

Kaukaha Watanabe

Real Broker License #SA584368000 Listed on: 05/11/2022

Real Broker

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 74x171x78x172
  • Stucco Fence

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • Secondary bathroom tub or shower combo
  • 4,024 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Area
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Driveway

Location

  • Ground Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • No Laundry Facilities

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $375
  • Water Sewer Expense $300
  • Operating Expense $775
  • Gross Income $3,765
  • Net Operating Income $2,990

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 74x171x78x172
  • Road Surface Type: Paved
  • CapRate: 0.46
  • Professional Management Expense: 375.0
  • Supplies Expense: 100.0
  • Co List Office Mls Id: 495203
  • Co List Office Phone: 888-897-7821
  • Co List Office Mls Id: 495203
  • Subdivision Name: Palo Verde Addition
  • General Property Information: List Price/SqFt: 159.05
  • General Property Information: Lot Size Price/SqFt: 53.62
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Electric Range

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up, Shingle
  • View: Mountain(s)
  • Construction Type: Frame - Stucco
  • Patio And Porch Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Pre-Wired Tele Lines
  • Laundry Features: None
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 100.0
  • Annual Water Sewer Expense: 300.0

Schools

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

Lot Info

  • Lot Features: Subdivided
  • Lot Size Sq Ft: 53.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1979

Rental Info

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

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3765.0
  • Property Net Operating Income: 2990.0
  • Annual Operating Expense: 775.0

MLS Schools

  • Elementary School: Blenman
  • High School: Catalina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 1, 2022
Sold by
Sanchez Mariano
Bought by
Sanchez Mariano and Sanchez Valerie A
Seller's Agent
Kaukaha Watanabe
Real Broker
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$630,000
Sold Price
$655,000
Premium/Discount to List
$25,000
3.97%
Current Estimated Value
$730,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,965
Avg. Annual Appreciation
3.24%
Original Mortgage
$491,250
Outstanding Balance
$465,358
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$265,607

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 17, 2022
Sold by
Murphy Thomas R
Bought by
Sanchez Mariano
Seller's Agent
Kaukaha Watanabe
Real Broker
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$630,000
Sold Price
$655,000
Premium/Discount to List
$25,000
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Outstanding Balance
$465,358
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$265,607

Purchase Details

Closed on
Jan 29, 2008
Sold by
Eldridge William B and Eldridge Elizabeth Z
Bought by
Murphy Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,850
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2004
Sold by
Wharton Lawrence E and Brown Eleanor M
Bought by
Eldridge William B and Eldridge Elizabeth Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1999
Sold by
Markert Benjamin G
Bought by
Wharton Lawrence E and Brown Eleanor M

Purchase Details

Closed on
Feb 8, 1999
Sold by
Rhodes Robert R and Rhodes Irene J
Bought by
Markert Benjamin G

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
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sanchez Mariano -- First Integrity Title Company
Sanchez Mariano $655,000 First Integrity Title Company
Murphy Thomas R $376,000 Longt
Murphy Thomas R $376,000 Longt
Eldridge William B $340,000 Long Title
Wharton Lawrence E $258,000 Title Security Agency
Markert Benjamin G $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Mariano $491,250
Previous Owner Murphy Thomas R $373,850
Previous Owner Eldridge William B $190,000
Previous Owner Markert Benjamin G $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $655,000 +2.3% $163 / Sq Ft
05/11/2022 05/11/22 Price Changed $640,000 +1.6% $159 / Sq Ft
03/11/2022 03/11/22 For Sale $630,000 0.0% $157 / Sq Ft
03/11/2022 03/11/22 Price Changed $630,000 -3.8% $157 / Sq Ft
12/10/2021 12/10/21 Off Market $655,000 -- --
10/25/2021 10/25/21 For Sale $600,000 0.0% $149 / Sq Ft
05/26/2015 05/26/15 Rented $700 0.0% --
04/26/2015 04/26/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $700 -6.7% --
08/01/2013 08/01/13 Rented $750 0.0% --
07/02/2013 07/02/13 Under Contract -- -- --
06/06/2013 06/06/13 For Rent $750 -- --
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
2025 $4,013 $30,336 -- --
2024 $3,389 $28,892 -- --
2023 $3,201 $27,516 $0 $0
2022 $3,201 $26,205 $0 $0
2021 $3,212 $23,769 $0 $0
2020 $3,083 $23,852 $0 $0
2019 $2,994 $23,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kaukaha Watanabe

    Seller's Agent in 2022

    Kaukaha Watanabe

    Real Broker

    (520) 352-9005

    12 in this area

    1,383 Total Sales

    Kaukaha Watanabe
    Section Image

  • L

    Buyer's Agent in 2022

    Larry Burr

    ATLAS AZ, LLC

    (480) 828-3283

    2 in this area

    84 Total Sales

    Larry Burr
    Section Image

  • D

    Seller's Agent in 2015

    Dale Bidegain

    Bidegain Realty, Inc.

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22127552

MLS of Southern Arizona

APN: 122-15-407B

Arizona Pima County Tucson 85716 Palo Verde

3453 E Pima St, Tucson, AZ

Not Listed for Sale

MultiFamily

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