NOT LISTED FOR SALE

Estimated Value: $375,511

Studio
-- Bath
884 Sq Ft
$425/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,700 $2 Per Sq Ft

Est. 21,989% increase in value since last sale

Current estimated payment $2,189/month

8 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 5-minute walk to Catalina Park

About This Home

As of May 2024

Free-standing office building with 2 offices and reception area (could be used as 3rd office), private parking lot with 7 spaces (including one HC space). Bright and airy with wood floors and 1920s charm. This lovely Historical property is minutes away from Downtown and U of A. Well maintained; new A/C and roof. Landlord pays for landscaping and security. Located in the Empowerment Zone & Enterprise Zone. Perfect for law office, accounting firm, insurance agency, etc.

Last Agent to Sell the Property

Ellen Golden

Goldsmith Real Estate License #BR522828000 Listed on: 04/02/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1920

Lot Details

  • 7,588 Sq Ft Lot
  • Property is zoned H0-1

Home Design

  • 884 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Building Dimensions are 8494
  • Tucson Subdivision

Listing and Financial Details

  • Property Available on 4/2/24
  • Tenant pays for electricity, water, liability insurance
  • The owner pays for property taxes, fire insurance-bldg
  • Tax Lot 00006
  • Assessor Parcel Number 117-02-033-A

Property Details

Property Type

Other

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Legal Info Range: 13
  • Property Type: Comm/Industry Lease
  • Zoning: H0-1
  • Lease Info Annual Lease Price: 20400.0
  • Lease Info Annual Lse Prc P S F: 23.08
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Year Built: 1920
  • Tax Year: 2023
  • Lot Size Acres: 0.17
  • Subdivision Name: TUCSON
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 884.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: 8494
  • Lot Size Sq Ft: 7588.0
  • Additional Parcels: No
  • Parcel #: 117-02-033-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-04-02

Multi Family

  • Owner Pays: Property Taxes, Fire Insurance-Bldg
  • Tenant Pays: Electricity, Water, Liability Insurance
  • Existing Lease Type: Modified Terms
  • Leasable Area: 884.0

Tax Info

  • Tax Annual Amount: 2724.17
  • Tax Book Number: 117.00
  • Tax Lot: 00006
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 1998
Sold by
City Of Tucson
Bought by
Sanchez Francisco A
Current Estimated Value
$375,511

Purchase Details

Closed on
Jan 22, 1996
Sold by
Benton Randy
Bought by
Sanchez Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1995
Sold by
L H Foundation Inc
Bought by
Benton Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.63%
Mortgage Type
Commercial
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
Sanchez Francisco A -- --
Sanchez Francisco A $73,500 Fidelity Natl Title Agency I
Benton Randy $45,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Francisco A $81,000
Previous Owner Benton Randy $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $1,700 0.0% $2 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $1,700 -- $2 / 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 $2,833 $21,783 -- --
2025 $2,833 $21,415 -- --
2024 $2,802 $21,032 -- --
2023 $2,724 $20,638 $0 $0
2022 $2,818 $20,811 $0 $0
2021 $2,911 $19,069 $0 $0
2020 $2,823 $19,068 $0 $0
2019 $2,929 $19,094 $0 $0
2018 $3,008 $19,094 $0 $0
2017 $3,140 $19,094 $0 $0
2016 $3,184 $19,094 $0 $0
2015 $3,468 $20,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6685594

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-02-033A