NOT LISTED FOR SALE

3556 E Fairmount St Tucson, AZ 85716

Palo Verde Neighborhood

Estimated Value: $277,000 - $354,524

3 Beds
3 Baths
1,582 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $295,000 $186 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,845/month

106 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Bathtub with Shower
  • Mountain View
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of August 2021

HAVE YOUR NEIGHBORS PAY YOUR MORTGAGE! Why pay RENT when you can live for FREE and OWN this well-maintained triplex? The rent from TWO units pay your mortgage and the solid, masonry construction and ceramic tile floors keep you COOL with low electric bills (each unit is separately metered for gas and electric). You'll LOVE the modern amenities, including two-tone paint, updated cabinets, counter tops, vanities, sinks, faucets, toilets, lights, fixtures, and hardware. Easy to rent with fenced yards for privacy (and pets) and covered parking to keep your car out of the sun. Conveniently located near U of A, bus lines, shopping, restaurants, and jobs. The highly rated Blenman Elementary School is a bonus! HURRY!

Last Agent to Sell the Property

Bob Zachmeier

eXp Realty Listed on: 05/16/2021

Last Buyer's Agent

Keith Duncan

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 1948

Lot Details

  • 8,141 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Ranch Style House
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Bathtub with Shower
  • 1,582 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Laundry Located Outside

Kitchen

  • Gas Range
  • Dishwasher

Home Security

  • Window Bars
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • No Driveway

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $1,680 special tax assessment

Community Details

Overview

  • Speedway Park Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $464
  • Water Sewer Expense $1,080
  • Gross Income $23,028
  • Net Operating Income $19,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,680

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: Speedway Park Resub of blks 4 5 & 12 Lot 1 Blk 5
  • Attached Detached: Attached
  • List Price per Sq Ft: 186.47
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 640.00
  • Unit Info Number Of Units1 B R: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1582.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Pantry: Closet
  • Living Areas: Family Room
  • Laundry: Laundry Closet, Outside
  • Extra Room: None
  • Kitchen Features: Dishwasher, Gas Range, Refrigerator

Exterior Features

  • Construction: Concrete Block
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • 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), Wall Unit(s)
  • Main Heating: Radiant, Wall
  • Security: Security Lights, Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1680.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.19
  • Lot Dimensions: Unknown
  • Lot Features: Corner Lot, North/South Exposure
  • Lot Size Price Sq Ft: 36.24
  • Lot Sq Ft: 8141.00
  • Lot Sz Sold Prc Sq Ft: 36.24
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1948

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: 122-18-3710
  • Taxes: 1680.00
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Blenman
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Aug 19, 2021
Sold by
Atchison Christopher N
Bought by
Robey Kathryn and Robey Ian
Seller's Agent
Bob Zachmeier
eXp Realty
Buyer's Agent
Keith Duncan
Ochoa Realty & Property Management
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$320,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,841
Avg. Annual Appreciation
2.07%
Original Mortgage
$221,250
Outstanding Balance
$200,882
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$119,959

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 30, 2019
Sold by
J & J Property Ventures Llc
Bought by
Atchison Christopher N
Seller's Agent
Christina Chesnut
OMNI Homes International
Buyer's Agent
Christina Chesnut
OMNI Homes International
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$183,040
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Coons John M and Gooch Jennifer L
Bought by
J & J Property Ventures Llc

Purchase Details

Closed on
Sep 27, 2006
Sold by
Hebert Joseph C and Hebert Kelly
Bought by
Coons John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2005
Sold by
Hebert Stephen C and Hebert Marina E
Bought by
Hebert Stephen C and Hebert Marina E

Purchase Details

Closed on
Mar 14, 2001
Sold by
Hebert Stephen C and Hebert Joseph C
Bought by
Hebert Stephen C and Hebert Marina E

Purchase Details

Closed on
Mar 13, 2001
Sold by
Herbert Kelly
Bought by
Hebert Joseph C

Purchase Details

Closed on
Apr 15, 1999
Sold by
Hebert Joseph C and Hebert Stephen C
Bought by
Ott Christina R
Source: Public Records

Range of Values:

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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
Robey Kathryn $295,000 Stewart Title & Tr Of Tucson
Atchison Christopher N $228,800 Title Security Agency Llc
J & J Property Ventures Llc -- None Available
Coons John M $195,000 Lawyers Title Insurance Corp
Hebert Stephen C -- --
Hebert Stephen C -- --
Hebert Joseph C -- --
Ott Christina R -- --
Hebert Joseph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robey Kathryn $221,250
Previous Owner Atchison Christopher N $183,040
Previous Owner Coons John M $156,000
Closed Coons John M $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $295,000 0.0% $186 / Sq Ft
05/16/2021 05/16/21 For Sale $295,000 +28.3% $186 / Sq Ft
05/31/2019 05/31/19 Sold $230,000 0.0% $145 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $230,000 -- $145 / 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 $1,733 $14,490 -- --
2024 $1,733 $13,800 -- --
2023 $1,733 $13,143 -- --
2022 $1,733 $12,517 $3,645 $7,803
2021 $1,733 $11,353 $0 $0
2020 $1,681 $13,786 $0 $0
2019 $1,658 $12,321 $0 $0
2018 $1,622 $9,808 $0 $0
2016 $1,746 $10,291 $0 $0
2015 $1,693 $9,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bob Zachmeier

    eXp Realty

  • K

    Buyer's Agent in 2021

    Keith Duncan

    Ochoa Realty & Property Management

  • t

    Buyer's Agent in 2021

    tar.rets.11813

    tar.rets.RETS_OFFICE

  • Christina Chesnut

    Seller's Agent in 2019

    Christina Chesnut

    OMNI Homes International

    (520) 406-0000

    187 Total Sales

    Christina Chesnut
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Map

Source: MLS of Southern Arizona

MLS Number: 22112687

MLS of Southern Arizona

APN: 122-18-3710

Arizona Pima County Tucson 85716 Palo Verde

3556 E Fairmount St, Tucson, AZ

This home is located at 3556 E Fairmount St, Tucson, AZ 85716 since 16 May 2021 and is currently estimated at $320,841, approximately $202 per square foot. This property was built in 1948. 3556 E Fairmount St is a home located in Pima County with nearby schools including Blenman Elementary School, Doolen Middle School, and Catalina High School.

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