NOT LISTED FOR SALE

507 E Drachman St Tucson, AZ 85705

Feldman's Neighborhood

Estimated Value: $348,772 - $577,000

Studio
-- Bath
1,560 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $162,000 $104 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,463/month

47 Days on Market

About This Home

As of April 2016

Duplex near the University of Arizona campus. One unit has been remodeled. Both units are now vacant. Each unit has rented in the past for approximately $600 per month. Broker is related to the seller.

Last Agent to Sell the Property

Len Vance

Vance Realty Listed on: 01/07/2016

Last Buyer's Agent

Steve Hardman

Ability Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1982

Home Design

  • 1,560 Sq Ft Home
  • Duplex
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • Tucson Heights Amended Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,718

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: Tucson Heights Amended Lot 9 EXC W4' BLK32
  • List Price per Sq Ft: 108.33
  • Unit Info Average Monthly Rent Two Bedroom: 560.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1560.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Dimensions: 000
  • Municipality Zoning: Tucson - NR2

Building Info

  • Year Built: 1982

Tax Info

  • Tax Code: 11502222B
  • Taxes: 1718.46
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 13, 2016
Sold by
Vance Laurie and Kopydlowski Jody
Bought by
Hsu Eleana and Hsu Nana
Seller's Agent
Len Vance
Vance Realty
Buyer's Agent
Steve Hardman
Ability Realty
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$440,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,693
Avg. Annual Appreciation
10.79%
Original Mortgage
$121,500
Outstanding Balance
$53,098
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$387,595

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 6, 2016
Sold by
Hsu Paul
Bought by
Hsu Nana
Seller's Agent
Len Vance
Vance Realty
Buyer's Agent
Steve Hardman
Ability Realty
List Price
$162,000
Sold Price
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Outstanding Balance
$53,098
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$387,595

Purchase Details

Closed on
Sep 22, 2003
Sold by
Staples Douglas and Staples Patricia J
Bought by
Vance Laurie and Kopydlowski Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Staples Frank Douglas and Staples Patricia Joan
Bought by
Staples Frank Douglas and Staples Patricia Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Hsu Eleana $162,000 Fidelity Natl Title Agency I
Hsu Nana -- Fidelity Natl Title Agency I
Vance Laurie $124,000 --
Staples Frank Douglas -- --
Staples Frank Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Nana $121,500
Previous Owner Vance Laurie $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $162,000 0.0% $104 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $162,000 -- $104 / 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 $2,183 $16,500 -- --
2024 $1,974 $15,714 -- --
2023 $1,974 $14,966 -- --
2022 $1,985 $14,253 $0 $0
2021 $1,974 $12,928 $0 $0
2020 $1,914 $14,778 $0 $0
2019 $1,888 $14,654 $0 $0
2018 $1,847 $11,168 $0 $0
2016 $1,793 $10,636 $0 $0
2015 $1,718 $10,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Len Vance

    Vance Realty

    (520) 400-6074

    9 Total Sales

    Len Vance
    Section Image

  • S

    Buyer's Agent in 2016

    Steve Hardman

    Ability Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21600721

MLS of Southern Arizona

APN: 115-02-222B

Arizona Pima County Tucson 85705 Feldman's

507 E Drachman St, Tucson, AZ

Not Listed for Sale

MultiFamily

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