Seller's Agent in 2020
Desiree Palmer
ABI Multifamily, LLC
(520) 265-1993
1 in this area
9 Total Sales
3543 E Elida St Tucson, AZ 85716
Palo Verde NeighborhoodEstimated Value: $325,860 - $410,000
5
Beds
4
Baths
1,692
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Arizona Room
- Patio
- Bungalow
- Formal Dining Room
- Living Room
- 1-Story Property
About This Home
As of May 20203543 East Elida Street is a single-story, triplex which consists of a 3-bedroom / 2-bathroomhouse in the front and a 2-bedroom / 1-bathroom unit and studio in the rear. Recent renovations include new stucco and paint as well as new windows. The property is a great investment opportunity for an owner occupant looking to live in the house and offset costs with the income from the rental units in the rear. The property has a laundry room for thetenants, as well as ample front and backyard space for tenant enjoyment. The property is located in the highly desirable Palo Verde neighborhood in Midtown, which is within a 10-minute drive to the University of Arizona and within walking distance to many shops and restaurants including a Whole Foods Market and Starbucks.
Last Agent to Sell the Property
ABI Multifamily, LLC License #SA682872000 Listed on: 09/18/2019
Last Buyer's Agent
David Rosenstein
Coldwell Banker Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,045
Year Built
- Built in 1945
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60x130
- Dirt Road
- Desert Landscape
Home Design
- Triplex
- Bungalow
- Brick Exterior Construction
- Rolled or Hot Mop Roof
- Stucco Exterior
Interior Spaces
- Shower Only in Secondary Bathroom
- 1,692 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Living Room
- Formal Dining Room
- Carpet
- Laundry Located Outside
Parking
- 3 Parking Spaces
- Carport
- Gravel Driveway
Outdoor Features
- Patio
- Arizona Room
Schools
- Blenman Elementary School
- Doolen Middle School
- Catalina High School
Utilities
- Forced Air Heating and Cooling System
- Evaporated cooling system
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
Additional Features
- North or South Exposure
- Ground Level
Listing and Financial Details
- $1,069 special tax assessment
Community Details
Overview
- Speedway Park Addition Resub Subdivision
Building Details
- Fuel Expense $2,546
- Insurance Expense $1,050
- Maintenance Expense $1,050
- Professional Management Expense $1,547
- Water Sewer Expense $1,080
- Gross Income $26,446
- Net Operating Income $16,274
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2019
Closed on
May 7, 2020
Sold by
J And M Property Management Llc
Bought by
Paxton Kris E
Seller's Agent
Desiree Palmer
ABI Multifamily, LLC
Buyer's Agent
Farley Rosenstein
American Desert Realty
List Price
$207,000
Sold Price
$207,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,965
Avg. Annual Appreciation
9.98%
Original Mortgage
$40,000
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 4, 2016
Sold by
Lappitt Marc and Lappitt Nancy
Bought by
Jam Property Mgmt Llc
Purchase Details
Closed on
Apr 20, 2015
Sold by
J & M Property Management Llc
Bought by
Lappitt Nancy and Lappitt Marc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,042
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2008
Sold by
Lappitt Marc E and Lappitt Nancy H
Bought by
J & M Property Management Llc
Purchase Details
Closed on
Jun 29, 2007
Sold by
J & M Property Management Llc
Bought by
Lappitt Marc E and Lappitt Nancy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 20, 2006
Sold by
Russell Robert S
Bought by
J & M Property Management Llc
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
6.63%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 28, 1999
Sold by
Ems Technologies Corp
Bought by
Russell Robert S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 1998
Sold by
Tang Foo Leung and Tang Chun Chun Lee
Bought by
Ems Technologies Corp
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 |
|---|---|---|---|
| Paxton Kris E | $207,000 | Pioneer Title Agency Inc | |
| Jam Property Mgmt Llc | -- | None Available | |
| Lappitt Nancy | -- | Premium Title Agency Inc | |
| Lappitt Nancy | -- | None Available | |
| J & M Property Management Llc | -- | None Available | |
| Lappitt Marc E | -- | Tfati | |
| J & M Property Management Llc | $180,000 | Tfati | |
| Russell Robert S | $73,000 | -- | |
| Ems Technologies Corp | $68,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paxton Kris E | $203,250 | |
| Previous Owner | Lappitt Nancy | $196,042 | |
| Previous Owner | Lappitt Marc E | $191,250 | |
| Previous Owner | J & M Property Management Llc | $140,000 | |
| Previous Owner | Russell Robert S | $58,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2020 05/08/20 | Sold | $207,000 | 0.0% | $122 / Sq Ft |
| 04/08/2020 04/08/20 | Pending | -- | -- | -- |
| 09/18/2019 09/18/19 | For Sale | $207,000 | -- | $122 / 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 | $1,043 | $9,337 | -- | -- |
| 2024 | $1,043 | $8,893 | -- | -- |
| 2023 | $985 | $8,469 | $0 | $0 |
| 2022 | $985 | $8,066 | $0 | $0 |
| 2021 | $1,117 | $7,316 | $0 | $0 |
| 2020 | $1,083 | $13,475 | $0 | $0 |
| 2019 | $1,069 | $13,465 | $0 | $0 |
| 2018 | $1,045 | $6,320 | $0 | $0 |
| 2017 | $1,039 | $6,320 | $0 | $0 |
| 2016 | $1,031 | $6,019 | $0 | $0 |
| 2015 | $1,000 | $5,732 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Desiree Palmer
-
D
Buyer's Agent in 2020
David Rosenstein
Coldwell Banker Realty
-
F
Buyer's Agent in 2020
Farley Rosenstein
American Desert Realty
-
t
Buyer's Agent in 2020
tar.rets.32946
tar.rets.RETS_OFFICE
Map
Source: MLS of Southern Arizona
MLS Number: 22001795
APN: 122-18-3070
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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