NOT LISTED FOR SALE

515 N Westmoreland Ave Tucson, AZ 85745

Barrio Hollywood Neighborhood

Estimated Value: $320,415 - $394,000

4 Beds
4 Baths
1,842 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $315,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,002/month

79 Days on Market

Highlights

  • Fitness Center
  • Sport Court
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of April 2021

15 Unit Portfolio Sale in UP AND COMING Menlo Park7 total parcels, 8 buildings, 7 duplexes, 1 SFR. 15 units (Summary/Mix in Documents)One 3 unit (2/2 sfr. 1948 remodeled in 2001 plus 1/1 Duplex built in 2001)Additional Six parcels included - Six 3bd 2ba Duplexes built after 2002$2,356k Price based on October 2020 appraisal (attached).6 of 15 A/C's new in 2019/2020 (receipt attached)5 of 13 units w/all new appliances. Some with washer and dryer. All with hookups.All utilities are metered and paid by tenants except water on this single property.walk to light rail, 5 minutes to downtown, ten minutes to U of A Campus. New Caterpillar Headquarters, El Rio Medical and brand new apartment complex coming soon!

Last Agent to Sell the Property

James Stubblefield

Income Property Shop Listed on: 11/20/2020

Last Buyer's Agent

James Allen

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1948

Lot Details

  • 9,246 Sq Ft Lot
  • Lot Dimensions are 46x201
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Subdivision Possible

Home Design

  • Triplex
  • Ranch Style House
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • 1,842 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Parking

  • 6 Parking Spaces
  • Parking Pad

Location

  • Ground Level

Schools

  • Manzo Elementary School
  • Mansfeld Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Electricity Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $1,418 special tax assessment

Community Details

Recreation

  • Sport Court
  • Fitness Center

Building Details

  • Insurance Expense $688
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,400
  • Gross Income $23,400
  • Net Operating Income $18,394

Additional Features

  • El Rio Park Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,418

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Style: Ranch
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: EL RIO PARK LOT 12 BLK 13
  • Attached Detached: Detached
  • List Price per Sq Ft: 171.01
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Coverings: None
  • Floor Covering: Ceramic Tile
  • Gross Sq Ft: 1842.00
  • Bathroom Features: None
  • Breakfast: None
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Kitchen Features Microwave: built-in
  • Living Areas: Living Room
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Dishwasher, Double Sink, Electric Range, Garbage Disposal
  • Interior Steps: No

Exterior Features

  • Construction: Frame, Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Block
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Shingle
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: Car(s) Pad
  • Total Parking: 6

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric: None
  • Electric Electric Company: Tucson Electric Powe
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Athletic Facilities, Exercise Facilities, Paved Street, Street Lights

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 1500.00
  • Expenses Taxes Assessments: 1418.44

Schools

  • School District: TUSD
  • Elementary School: Manzo
  • Middle School: Mansfeld
  • High School: University

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 46x201
  • Lot Features: Dividable Lot
  • Lot Size Price Sq Ft: 34.07
  • Lot Sq Ft: 9246.00
  • Lot Sz Sold Prc Sq Ft: 34.07
  • Municipality Zoning: Pima County - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1948

Rental Info

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

Tax Info

  • Tax Code: 116-12-2990
  • Taxes: 1418.44
  • Tax Year: 2019
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Manzo
  • High School: University
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Mar 24, 2021
Sold by
Madore Andrea Marie and The Andrew Carrerra Living Tru
Bought by
Rice Caleb Christopher and Rice Chelsea Jordan
Seller's Agent
James Stubblefield
Income Property Shop
Buyer's Agent
James Allen
Keller Williams Southern Arizona
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$338,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,166
Avg. Annual Appreciation
2.23%
Original Mortgage
$322,245
Outstanding Balance
$291,938
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$54,911

Purchase Details

Closed on
Oct 23, 2009
Sold by
Carrera Andrew A
Bought by
Carrera Andrew A

Purchase Details

Closed on
Sep 26, 2008
Sold by
C A Development & Investments Lp
Bought by
Carrera Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2006
Sold by
Carrera Andrew A
Bought by
C A Development & Investments Lp

Purchase Details

Closed on
Apr 25, 2001
Sold by
Ca Development & Investments
Bought by
Carrera Andrew

Purchase Details

Closed on
Oct 23, 2000
Sold by
C A Development & Investments
Bought by
Windsor Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,848
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2000
Sold by
Carrera Andrew
Bought by
C A Development & Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,848
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 2000
Sold by
Windsor Inc
Bought by
Carrera Andrew

Purchase Details

Closed on
May 26, 1999
Sold by
Munoz Manuel B
Bought by
Windsor Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,600
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Rice Caleb Christopher $315,000 Stewart Title & Tr Of Tucson
Rice Caleb Christopher -- Stewart Title
Carrera Andrew A -- None Available
Carrera Andrew A -- None Available
Carrera Andrew A -- Tfati
C A Development & Investments Lp -- Tlati
Carrera Andrew -- --
Windsor Inc $103,148 --
C A Development & Investments -- --
Carrera Andrew $55,000 --
Windsor Inc $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Caleb Christopher $322,245
Previous Owner Carrera Andrew A $150,900
Previous Owner Carrera Andrew A $154,000
Previous Owner Carrera Andrew $101,700
Previous Owner Windsor Inc $103,848
Previous Owner Windsor Inc $44,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $315,000 0.0% $171 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $315,000 -- $171 / 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
2024 $1,816 $15,484 -- --
2023 $1,491 $14,746 $0 $0
2022 $1,491 $10,705 $0 $0
2021 $1,482 $9,710 $0 $0
2020 $1,437 $12,380 $0 $0
2019 $1,418 $11,654 $0 $0
2018 $1,387 $8,388 $0 $0
2017 $1,380 $8,388 $0 $0
2016 $1,362 $7,989 $0 $0
2015 $1,291 $7,608 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Stubblefield

    Income Property Shop

  • J

    Buyer's Agent in 2021

    James Allen

    Keller Williams Southern Arizona

    (520) 886-8282

    1 in this area

    74 Total Sales

    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Aaron Wilson

    Realty Executives Southern AZ

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22031007

MLS of Southern Arizona

APN: 116-12-2990

Arizona Pima County Tucson 85745 Barrio Hollywood

515 N Westmoreland Ave, Tucson, AZ

This home is located at 515 N Westmoreland Ave, Tucson, AZ 85745 since 20 November 2020 and is currently estimated at $356,138, approximately $193 per square foot. This property was built in 1948. 515 N Westmoreland Ave is a home located in Pima County with nearby schools including Manzo Elementary School, Mansfeld Middle School, and Tucson High Magnet School.

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.

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