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Seller's Agent in 2019
Leon Adams
Axiom Property Management
348 E Adams St Tucson, AZ 85705
Feldman's NeighborhoodEstimated Value: $370,000 - $731,151
5
Beds
4
Baths
2,573
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Corner Lot
- Stainless Steel Appliances
- Breakfast Bar
- Covered Patio or Porch
- Walk-In Closet
- Bathtub with Shower
About This Home
As of April 2019This amazing property comes with an existing upgraded 1 bedroom/1 bath bungalow at 605 Sq. feet. Which is currently rented throughout the 2019 year for $775/month. Also featured on the property is a newly built 2015, 1968 sq. ft, 4 bedroom, 3 bath home with concrete floors throughout, beautiful kitchen with hickory cabinets with lots of storage space and new appliances. Also has an enclosed backyard and patio. This property also has been rented for the 2019 year. Rental rate $2550/ month. Currently in the process of renewing current tenants for unit 1 & 2 for the 2020 school year. The one bedroom at $795/ month and the 4 bedroom at $2650/month.
Last Agent to Sell the Property
Leon Adams
Axiom Property Management Listed on: 10/24/2018
Co-Listed By
Dana Cole
Axiom Property Management
Last Buyer's Agent
Dana Cole
Axiom Property Management
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,313
Year Built
- Built in 1937
Lot Details
- 7,841 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Bungalow
- Built-Up Roof
- Stucco Exterior
Interior Spaces
- 2,573 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Gravel Driveway
Schools
- Cragin Elementary School
- Doolen Middle School
- University High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Ground Level
Listing and Financial Details
- $4,313 special tax assessment
Community Details
Overview
- Schumacher Addition Subdivision
Building Details
- Insurance Expense $810
- Maintenance Expense $144
- Water Sewer Expense $1,296
- Gross Income $39,900
- Net Operating Income $33,337
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2022
Sold by
Armory Park Apartments Llc
Bought by
Simmons Timothy C and Simmons Luisa M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$425,117
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$101,171
Purchase Details
Closed on
Feb 28, 2022
Sold by
Armory Park Apartments Llc
Bought by
Simmons Timothy C and Simmons Luisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$425,117
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$101,171
Purchase Details
Listed on
Oct 24, 2018
Closed on
Apr 30, 2019
Sold by
Armory Park Historic Holdings Llc
Bought by
Armory Park Apartments Llc
Seller's Agent
Leon Adams
Axiom Property Management
Buyer's Agent
Dana Cole
Axiom Property Management
List Price
$499,900
Sold Price
$499,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$709,555
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 22, 2016
Sold by
Lee John
Bought by
Armory Park Historic Holdings Llc
Purchase Details
Closed on
Sep 14, 2015
Sold by
Rincon Investments Llc
Bought by
Good Rain Apartments
Purchase Details
Closed on
Jan 21, 2011
Sold by
Pima County Public Fiduciary
Bought by
Rincon Investments Llc
Purchase Details
Closed on
Aug 9, 2007
Sold by
Foley John
Bought by
Foley Daniel J
Purchase Details
Closed on
Feb 10, 2006
Sold by
Foley Daniel J
Bought by
Foley Daniel J and Foley John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simmons Timothy C | -- | Armory Park Apartments Llc | |
| Simmons Timothy C | -- | Armory Park Apartments Llc | |
| Simmons Timothy C | -- | Armory Park Apartments Llc | |
| Armory Park Apartments Llc | $1,210,000 | Title Security Agency Llc | |
| Armory Park Apartments Llc | $1,210,000 | Title Security Agency Llc | |
| Armory Park Historic Holdings Llc | -- | None Available | |
| Armory Park Historic Holdings Llc | -- | None Available | |
| Good Rain Apartments | -- | None Available | |
| Rincon Investments Llc | $66,500 | Fidelity National Title Agen | |
| Foley Daniel J | -- | None Available | |
| Foley Daniel J | -- | None Available | |
| Foley Daniel J | -- | None Available | |
| Foley Daniel J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simmons Timothy C | $455,000 | |
| Closed | Simmons Timothy C | $455,000 | |
| Closed | Simmons Timothy C | $455,000 | |
| Previous Owner | Armory Park Apartments Llc | $709,555 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2019 04/30/19 | Sold | $499,900 | 0.0% | $194 / Sq Ft |
| 03/31/2019 03/31/19 | Pending | -- | -- | -- |
| 10/24/2018 10/24/18 | For Sale | $499,900 | -- | $194 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
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 | $5,125 | $38,745 | -- | -- |
| 2024 | $4,917 | $36,900 | -- | -- |
| 2023 | $4,662 | $35,143 | $0 | $0 |
| 2022 | $4,662 | $33,469 | $0 | $0 |
| 2021 | $4,635 | $30,357 | $0 | $0 |
| 2020 | $4,494 | $30,357 | $0 | $0 |
| 2019 | $4,434 | $35,268 | $0 | $0 |
| 2018 | $4,337 | $26,224 | $0 | $0 |
| 2017 | $4,313 | $26,224 | $0 | $0 |
| 2016 | $4,164 | $8,190 | $0 | $0 |
| 2015 | $1,323 | $7,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller Co-Listing Agent in 2019
Dana Cole
Axiom Property Management
Map
Source: MLS of Southern Arizona
MLS Number: 21829147
APN: 115-02-4580
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 2025 MLS of Southern Arizona. All Rights Reserved.
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