$570,000
SOLD MAY 9, 2022
6 Beds
4 Baths
3,000 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Living Room
  • Corner Lot
  • Family Room Off Kitchen
  • 2-minute walk to Anza Park

About This Home

As of May 2022

Please do not disturb tenants.This charming Bungalow house in the Historic Feldman Neighborhood offers a great opportunity for an owner occupy or investor. The property is conveniently located near the University of Arizona, Pima Community College, 4th Avenue, and downtown. The recently renovated De Anza Park, which now includes a new dog playground, is located across the street. The property is also zoned for commercial use providing countless more possibilities, for example a buyer could have a business facing Speedway while renting the other three units. The property consists of two building structures with different mailing addresses; a triplex that is facing Speedway and a two-bedroom unit on 7th Avenue. The property has seen many upgrades over the past several years ranging

Last Agent to Sell the Property

Alan Levario

Hot Casa Real Estate Listed on: 04/13/2022

Last Buyer's Agent

Anthony Schaefer

Long Realty

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1932

Lot Details

  • 8,015 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Bungalow
  • Split Level Home
  • Shingle Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • No Driveway
  • On-Street Parking

Location

  • Ground Level

Schools

  • Cragin Elementary School
  • Doolen Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $3,114 special tax assessment

Community Details

Overview

  • Highland Park Addition Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Fuel Expense $1,878
  • Insurance Expense $659
  • Maintenance Expense $1,151
  • Water Sewer Expense $1,693
  • Gross Income $40,200
  • Net Operating Income $29,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: HIGHLAND PARK AMENDED LOT 9 & E3' LOT 10 EXC
  • Attached Detached: Detached
  • List Price per Sq Ft: 198.33
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 725.00
  • Unit Info Average Monthly Rent Two Bedroom: 950.00
  • 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: Carpet, Ceramic Tile, Wood
  • Gross Sq Ft: 3000.00
  • Bathroom Features: None
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Outside
  • Extra Room: None
  • Kitchen Features: Gas Range

Exterior Features

  • Construction: Frame - Stucco, Masonry Stucco, Stucco Finish
  • Construction Status: Existing
  • F E M A Flood Zone: TBD
  • Fence: Chain Link, Shared Fence, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 5

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Main Heating: Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 1665.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 1877.59
  • Expenses Maintenance Supplies: 1151.43
  • Expenses Other Expenses: 276.98
  • Expenses Taxes Assessments: 3114.29

Schools

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

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.18
  • Lot Dimensions: Irregular
  • Lot Features: Corner Lot
  • Lot Size Price Sq Ft: 74.24
  • Lot Sq Ft: 8015.00
  • Lot Sz Sold Prc Sq Ft: 71.12
  • Municipality Zoning: Tucson - C1
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1932

Rental Info

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

Tax Info

  • Tax Code: 115-08-1020
  • Taxes: 3162.42
  • Tax Year: 2021
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 9, 2022
Sold by
Abel Levario
Bought by
Wright Tim
Seller's Agent
Alan Levario
Hot Casa Real Estate
Buyer's Agent
Anthony Schaefer
Long Realty
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%
Current Estimated Value
$486,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,223
Avg. Annual Appreciation
-3.57%

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 29, 2019
Sold by
Grunstein Robert M
Bought by
Levario Abel
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Abel Levario
Ascension Realty Investment LLC
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.15%
Original Mortgage
$273,946
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2001
Sold by
Lee Jade L
Bought by
Grunstein Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $570,000 New Title Company Name
Warranty Deed $279,000 Empire West Title Agency Llc
Warranty Deed $92,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $271,257 FHA
Previous Owner $273,946 FHA
Previous Owner $168,000 Construction
Previous Owner $74,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $570,000 -4.2% $190 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $595,000 +113.3% $198 / Sq Ft
06/24/2019 06/24/19 Sold $279,000 0.0% $93 / Sq Ft
06/24/2019 06/24/19 Sold $279,000 0.0% --
05/25/2019 05/25/19 Pending -- -- --
05/21/2019 05/21/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $279,000 0.0% --
04/17/2019 04/17/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $279,000 0.0% --
02/19/2019 02/19/19 For Sale $279,000 -14.2% $93 / Sq Ft
12/05/2018 12/05/18 For Sale $325,000 -- --
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
2024 $3,162 $25,178 -- --
2023 $3,162 $23,979 -- --
2022 $3,181 $22,837 $0 $0
2021 $3,162 $20,714 $0 $0
2020 $3,066 $20,714 $0 $0
2019 $3,506 $32,302 $0 $0
2018 $3,429 $20,732 $0 $0
2016 $3,300 $19,745 $0 $0
2015 $3,199 $18,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22209300

MLS of Southern Arizona

APN: 115-08-1020