NOT LISTED FOR SALE

4203 E Grant Rd Tucson, AZ 85712

Oak Flower Neighborhood
Studio
-- Bath
3,142 Sq Ft
26,136 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $600,000 $191 Per Sq Ft

173 Days on Market

Highlights

  • 0.6 Acre Lot
  • Central Air
  • Concrete Flooring

About This Home

As of May 2023

Owner Carry Option! Incredible opportunity for a 3 parcel sale. You have a free standing building with two reputable businesses consisting of a Hair Styling Salon, and a diverse Cultural Grocery Store. Along with the building is a empty C-1 zoned 4400sqft vacant lot, and a two bedroom 1 bath home on a R-2 zoned lot of 9845sqft. One tenant lease is locked through 2025, and the other is able to move with a 90 day notice. Start your own business ideas with this opportunity to own or collect passive income with potential four sources of business based rents. Parcel #'s 110-07-3500, 110-07-3480 & 110-07-3470

Last Agent to Sell the Property

Anthony Payne

OMNI Homes International License #SA678621000 Listed on: 10/11/2022

OMNI Homes International

Last Buyer's Agent

Anthony Payne

OMNI Homes International License #SA678621000 Listed on: 10/11/2022

OMNI Homes International

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,059

Year Built

  • Built in 1959

Lot Details

  • 0.6 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned Tucson C-1

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,142 Sq Ft Home
  • Concrete Flooring

Parking

  • 26 Open Parking Spaces
  • 26 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 110-07-347

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are TBD
  • El Pasadena Subdivision

Building Details

  • Operating Expense $6,159
  • Gross Income $51,360
  • Net Operating Income $85,606

Property Details

Property Type

Other

Est. Annual Taxes

$6,059

Year Built

Built in 1959

Lot Details

0.6 Acres

Listing Details

  • Cross Street: Grant and Dodge RD
  • Legal Info Range: 14
  • Property Type: Comm/Industry Sale
  • Zoning: Tucson C-1
  • Current Use: Mixed Use, Retail, Retail PAD
  • Number Of Buildings: 2
  • Year Built: 1959
  • Tax Year: 2021
  • Lot Size Acres: 0.6
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: EL PASADENA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Stucco
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 26.0
  • Total Parking Spaces: 26.0
  • General Property Description:Uncvrd Parking Spcs: 26.0
  • General Property Description:Total Parking Spcs: 26.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C
  • Heating: Heat Pump, Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: TBD
  • Lot Size Sq Ft: 26093.0
  • Additional Parcels: Yes
  • Parcel #: 110-07-347
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 51360.0
  • Property Net Operating Income: 85606.0
  • Annual Operating Expense: 6159.0
  • Vacancy Allowance Rate: 0.4

Tax Info

  • Tax Annual Amount: 6059.0
  • Tax Book Number: 110.00
  • Tax Lot: 00003
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
May 4, 2023
Sold by
Lyles Julia Marie Minor
Bought by
Ist Investments Llc
Seller's Agent
Anthony Payne
OMNI Homes International
Buyer's Agent
Anthony Payne
OMNI Homes International
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$266,213
Interest Rate
6.42%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 11, 2022
Closed on
Apr 25, 2023
Sold by
Minor-Krizman Julia and Lyles Julia Marie
Bought by
Ist Investments Llc
Seller's Agent
Anthony Payne
OMNI Homes International
Buyer's Agent
Anthony Payne
OMNI Homes International
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$266,213
Interest Rate
6.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 2003
Sold by
Downey William E and Downey Mary C
Bought by
Minor Krizman Julia
Source: Public Records
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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
Ist Investments Llc $600,000 Stewart Title & Trust Of Tucso
Ist Investments Llc $600,000 Stewart Title & Trust Of Tucso
Minor Krizman Julia $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ist Investments Llc $275,000
Closed Ist Investments Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $600,000 -14.2% $191 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
10/09/2022 10/09/22 For Sale $699,000 -- $222 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2026 $782 $6,206 -- --
2025 $782 $5,910 -- --
2024 $750 $5,629 -- --
2023 $708 $5,361 $0 $0
2022 $711 $5,105 $0 $0
2021 $707 $4,631 $0 $0
2020 $685 $4,631 $0 $0
2019 $700 $4,564 $0 $0
2018 $730 $4,637 $0 $0
2017 $763 $4,637 $0 $0
2016 $773 $4,637 $0 $0
2015 $839 $4,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Payne

    Seller's Agent in 2023

    Anthony Payne

    OMNI Homes International

    (520) 282-0792

    3 in this area

    178 Total Sales

    Anthony Payne
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-07-3480

Arizona Pima County Tucson 85712 Oak Flower

4203 E Grant Rd, Tucson, AZ

Not Listed for Sale

Other

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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