NOT LISTED FOR SALE

348 E Adams St Tucson, AZ 85705

Feldman's Neighborhood

Estimated Value: $335,000 - $748,065

5 Beds
4 Baths
2,573 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2019

Last sale price $499,900 $194 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,347 / mo

44 Days on Market

Highlights

  • Corner Lot
  • Stainless Steel Appliances
  • Breakfast Bar
  • Covered Patio or Porch
  • Walk-In Closet
  • Bathtub with Shower

About This Home

As of April 2019

This 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,313

Year Built

Built in 1937

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Schumacher Lot 1Blk 11
  • Attached Detached: Detached
  • List Price per Sq Ft: 194.29
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 775.00
  • Unit Info Avg Mo Rent Other: 2250.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Walk In Closets
  • Window Covering Other: blinds
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 2573.00
  • Bathroom Features: Dual Sinks/Primary, Shower & Tub/Hall, Shower & Tub/Primary, Shower Only/Primary
  • Breakfast: Bar
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Kitchen Features Appliance Color: Stainless
  • Kitchen Features Pantry: Closet
  • Kitchen Features Microwave: Black
  • Living Areas: Living Room
  • Laundry: Dryer Included, Laundry Closet, Washer Included
  • Extra Room: None
  • Kitchen Features: Dishwasher, Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Stucco Finish
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence Other: Rusted metal
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: Covered, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Roof Other: wood
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • 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
  • 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: No
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 144.00
  • Expenses Taxes Assessments: 4313.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Dimensions: Unknown
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 63.75
  • Lot Sq Ft: 7841.00
  • Lot Sz Sold Prc Sq Ft: 63.75
  • Municipality Zoning: Tucson - NR2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1937

Rental Info

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

Tax Info

  • Tax Code: 115-02-4580
  • Taxes: 4313.00
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Cragin
  • High School: University
  • School District: TUSD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Bought by
Current Estimated Value
$541,516

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
$422,051
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$119,465

Purchase Details

Closed on
Feb 28, 2022
Sold by
Bought by

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
$422,051
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$119,465

Purchase Details

Listed on
Oct 24, 2018
Closed on
Apr 30, 2019
Sold by
Bought by
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
1.13%
Original Mortgage
$709,555
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Armory Park Apartments Llc
-- Armory Park Apartments Llc
-- Armory Park Apartments Llc
$1,210,000 Title Security Agency Llc
$1,210,000 Title Security Agency Llc
-- None Available
-- None Available
-- None Available
$66,500 Fidelity National Title Agen
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $455,000
Closed $455,000
Closed $455,000
Previous Owner $709,555
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,125 $40,682 -- --
2025 $5,125 $38,745 -- --
2024 $4,917 $36,900 -- --
2023 $4,639 $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

  • L

    Seller's Agent in 2019

    Leon Adams

    Axiom Property Management

  • D

    Seller Co-Listing Agent in 2019

    Dana Cole

    Axiom Property Management

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21829147

MLS of Southern Arizona

APN: 115-02-4580

Arizona Pima County Tucson 85705 Feldman's

348 E Adams St, Tucson, AZ

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.

MLS of Southern Arizona 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 2026 MLS of Southern Arizona. All Rights Reserved.

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