NOT LISTED FOR SALE

3525 N Geronimo Ave Tucson, AZ 85705

Amphi Neighborhood

Estimated Value: $455,000 - $734,000

5 Beds
4 Baths
2,319 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $418,000 $180 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,156/month

37 Days on Market

Highlights

  • RV Parking in Community
  • Southwestern Architecture
  • Granite Countertops
  • Terracotta or Satillo Flooring
  • Great Room
  • Skylights

About This Home

As of October 2023

Centrally located income property convenient to schools, shopping and public transportation. Large lot with central enclosed and gated common area for tenant use. Includes two attached 2-bed/1 bath units with shared laundry room and one detached 1 bed/1 bath unit with enclosed rear yard. Storage shed on property. Current rents add up to a total of $2,584 per month. DO NOT DISTURB TENANTS - must contact L/A 48 hours prior notice. Listing agent is related to Sellers.

Last Agent to Sell the Property

Katie Browning

Tangible Wealth A Luxury Real Estate Company Listed on: 08/22/2023

Last Buyer's Agent

Annissa Stout

United Real Estate Specialists

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1947

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 71x124x72x123
  • East or West Exposure
  • Block Wall Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Triplex
  • Southwestern Architecture
  • Shingle Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • 2,319 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Granite Countertops

Flooring

  • Concrete
  • Terracotta

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Courtyard
  • Slab Porch or Patio
  • Shed

Location

  • Ground Level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $1,825 special tax assessment

Community Details

Overview

  • Garden Homes Subdivision
  • RV Parking in Community

Building Details

  • Fuel Expense $86
  • Insurance Expense $1,301
  • Water Sewer Expense $1,651
  • Gross Income $31,008
  • Net Operating Income $26,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Southwestern
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: Garden Homes N75' Of Lot 10 Blk 3
  • Attached Detached: Attached
  • List Price per Sq Ft: 180.25
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 700.00
  • Unit Info Average Monthly Rent Two Bedroom: 942.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Skylights, Smoke Detector, Walk In Closets
  • Window Coverings: Stay
  • Floor Covering: Concrete, Mexican Tile
  • Gross Sq Ft: 2319.00
  • Bathroom Features: Shower & Tub/Primary
  • Primary Bathroom Countertops: Cultured Marble
  • Breakfast: Eat-In
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Kitchen Features Countertops: Granite
  • Laundry Other: Shared Laundry
  • Living Areas: Great Room
  • Extra Room Other: Storage shed
  • Kitchen Features: Gas Range, Refrigerator
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • Driveway Paved: Gravel
  • F E M A Flood Zone: No
  • Fence: Block, Chain Link
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Low Care
  • Patio Deck: Slab
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up, Shingle
  • Spa: None
  • View: None
  • Exterior Feature: Courtyard, Shed

Garage/Parking

  • Rv Parking: Space Available
  • Total Parking: 3

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 86.00
  • Expenses Taxes Assessments: 1825.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 71x124x72x123
  • Lot Features: East/West Exposure
  • Lot Size Price Sq Ft: 46.36
  • Lot Sq Ft: 9017.00
  • Lot Sz Sold Prc Sq Ft: 46.36
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1947

Rental Info

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

Tax Info

  • Tax Code: 106-04-0650
  • Taxes: 1825.82
  • Tax Year: 2022
  • 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

Listed on
Aug 22, 2023
Closed on
Oct 19, 2023
Sold by
Geronimo Apts Llc
Bought by
Henry William D and Henry Sloan M
Seller's Agent
Katie Browning
Tangible Wealth A Luxury Real Estate Company
Buyer's Agent
Annissa Stout
United Real Estate Specialists
List Price
$418,000
Sold Price
$418,000
Views
56
Current Estimated Value
$568,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,032
Avg. Annual Appreciation
15.72%
Original Mortgage
$313,500
Outstanding Balance
$306,759
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$261,273

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 18, 2023
Sold by
Geronimo Apts Llc
Bought by
Henry William D and Henry Sloan M
Seller's Agent
Katie Browning
Tangible Wealth A Luxury Real Estate Company
Buyer's Agent
Annissa Stout
United Real Estate Specialists
List Price
$418,000
Sold Price
$418,000
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Outstanding Balance
$306,759
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$261,273

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jul 16, 2020
Sold by
Beauchamp Clay
Bought by
Cabrera Christopher R and Cabrera Cynthia
Seller's Agent
Eddie Watters
Realty Executives Arizona Territory
Buyer's Agent
Eddie Watters
Realty Executives Arizona Territory
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$202,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2019
Sold by
Mullen Annie M
Bought by
Beauchamp Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henry William D $418,000 Pima Title
Henry William D $418,000 Pima Title
Cabrera Christopher R $270,000 Stewart Title & Tr Of Tucson
Beauchamp Clay $120,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry William D $313,500
Closed Henry William D $313,500
Previous Owner Cabrera Christopher R $202,500
Previous Owner Beauchamp Clay $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $418,000 0.0% $180 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $418,000 +54.8% $180 / Sq Ft
07/17/2020 07/17/20 Sold $270,000 0.0% $116 / Sq Ft View Prior Sale
06/17/2020 06/17/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $270,000 -- $116 / 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
2025 $1,975 $16,045 -- --
2024 $1,787 $15,281 -- --
2023 $1,787 $14,553 -- --
2022 $1,826 $13,860 $0 $0
2021 $1,787 $12,571 $0 $0
2020 $1,776 $14,046 $0 $0
2019 $1,731 $14,038 $0 $0
2018 $1,675 $10,860 $0 $0
2017 $1,646 $10,860 $0 $0
2016 $1,582 $10,343 $0 $0
2015 $1,534 $9,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katie Browning

    Tangible Wealth A Luxury Real Estate Company

  • A

    Buyer's Agent in 2023

    Annissa Stout

    United Real Estate Specialists

    Section Image
  • Eddie Watters

    Seller's Agent in 2020

    Eddie Watters

    Realty Executives Arizona Territory

    (520) 912-3527

    1 in this area

    482 Total Sales

    Eddie Watters
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Clay Beauchamp

    Realty Executives Arizona Territory

    (520) 975-5277

    21 Total Sales

    Clay Beauchamp
    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 22318166

MLS of Southern Arizona

APN: 106-04-0650

Arizona Pima County Tucson 85705 Amphi

3525 N Geronimo Ave, Tucson, AZ

Not Listed for Sale

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