NOT LISTED FOR SALE

3620 E Fairmount St Tucson, AZ 85716

Palo Verde Neighborhood
6 Beds
4 Baths
3,146 Sq Ft
0.35 Acres

Last Sold September 27, 2018

Last sale price $275,000 $87 Per Sq Ft

6 Days on Market

Highlights

  • RV Parking in Community
  • Tuscan Architecture
  • Hiking Trails
  • Mountain View
  • Enclosed patio or porch
  • Eat-In Kitchen

About This Home

As of September 2018

Fantastic 4 Plex near The Unversity of Arizona that is less than 1.5 miles to heart of campus. This investment is a four unit multifamily property that is designed for hands off management with desert landscaping, stained concrete and tile work throughout each apartment. Each unit has enclosed 150 square foot patio which expands living area for a unique experience. You are near Downtown Tucson for simple commute to work. Ample of exciting restaurants and entertainment. Ideal for creative investors which will allow you to optimize cashflow with AirBnB income model. Other features include off-street parking, front and back entrances. Electric and gas are paid by tenant. This a value play has opportunity but you can hit the ground running with solid income with proven rental history.

Last Agent to Sell the Property

Matthew Cox

Equity Arizona Real Estate Listed on: 08/08/2018

Last Buyer's Agent

Craig Rott

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1959

Lot Details

  • 0.35 Acre Lot
  • Dog Run
  • Wood Fence
  • Chain Link Fence
  • Desert Landscape

Home Design

  • Quadruplex
  • Tuscan Architecture
  • Brick Exterior Construction
  • Frame With Stucco
  • Built-Up Roof
  • Adobe

Interior Spaces

  • Bathtub with Shower
  • 3,146 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 10 Parking Spaces
  • Carport
  • No Driveway

Schools

  • Wright Elementary School
  • Booth-Fickett Math/Science Magnet Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Satellite Dish

Additional Features

  • Level Entry For Accessibility
  • North or South Exposure
  • Enclosed patio or porch
  • Ground Level

Listing and Financial Details

  • $2,784 special tax assessment

Community Details

Overview

  • RV Parking in Community

Recreation

  • Hiking Trails

Building Details

  • Water Sewer Expense $1,500
  • Gross Income $29,400
  • Net Operating Income $25,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Tuscan
  • Technology: Pre-Wired Sat Dish, Pre-Wired Tele Lines
  • Accessibility Options: Entry
  • Legal Description: LOT 00001 JAMES J SILVERS RESUB MAP 6 PLAT 73
  • Attached Detached: Detached
  • List Price per Sq Ft: 87.41
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 575.00
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Some
  • Floor Covering: Ceramic Tile, Concrete
  • Gross Sq Ft: 3146.00
  • Bathroom Features: Shower & Tub/Primary
  • Breakfast: Eat-In
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Living Areas: Living Room
  • Laundry: Storage
  • Extra Room Other: enclosed patio
  • Kitchen Features: Electric Range

Exterior Features

  • Construction: Brick, Frame - Stucco, Mud Adobe
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Natural Desert
  • Landscape Rear: Decorative Gravel
  • Landscape Rear Other: pavers
  • Patio Deck: Covered, Enclosed, Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: Mountain(s), Residential
  • Exterior Feature: Dog Run

Garage/Parking

  • Driveway: None
  • Rv Parking: Space Available
  • Total Parking: 10

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, Evaporative Cooling
  • 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: Walking Trail

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2784.00

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Booth-Fickett Math/Science Magnet
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.35
  • Lot Dimensions: 188ft by 84ft
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 18.11
  • Lot Sq Ft: 15186.00
  • Lot Sz Sold Prc Sq Ft: 18.11
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1959

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: 122-18-0010
  • Taxes: 2785.09
  • Tax Year: 2017
  • Taxes For: Only for Land

MLS Schools

  • Middle School: Booth-Fickett Math/Science Magnet
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $275,000 0.0% $87 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $275,000 +46.1% $87 / Sq Ft
06/28/2013 06/28/13 Sold $188,200 0.0% $63 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $188,200 -- $63 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matthew Cox

    Equity Arizona Real Estate

  • C

    Buyer's Agent in 2018

    Craig Rott

    Long Realty Company

  • L

    Buyer Co-Listing Agent in 2018

    Linda Rott

    Long Realty Company

  • S

    Seller's Agent in 2013

    Sandy Kay Heath

    Realty Executives

  • J

    Seller Co-Listing Agent in 2013

    John 'Tebo' Thibault

    Realty Executives

  • G

    Buyer's Agent in 2013

    Gary Roberts

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21821581

MLS of Southern Arizona

Arizona Pima County Tucson 85716 Palo Verde

3620 E Fairmount St, Tucson, AZ

This home is located at 3620 E Fairmount St, Tucson, AZ 85716 since 08 August 2018. This property was built in 1959. 3620 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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