NOT LISTED FOR SALE

55 N Cherry Ave Unit 217 Tucson, AZ 85719

Rincon Heights Neighborhood

Estimated Value: $183,000 - $228,000

2 Beds
1.5 Baths
756 Sq Ft
$145/mo HOA Fee

Last Sold February 25, 2022

Last sale price $205,000 $271 Per Sq Ft

Current estimated payment $1,395/month

38 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Family Room Off Kitchen
  • City View
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of February 2022

Investment property: Beautiful condo complex located four blocks from the UofA. Totally renovated complex with NEW Stainless Steel appliances, granite countertops, upgraded cabinetry throughout. Washer/dryer, A/C & Heating units. Security gated complex, beautiful courtyard with new pool, BBQ Ramada & wi-fi availability. For the new or seasoned investor the tenant is in place at the rate of $1159 per month. Upon request, seller will provide tenant ledgers, applications, and lease agreement. Please allow 48 hours to view respectively in accordance with ARS 33-1343(C).

Last Agent to Sell the Property

Barbara MacIas

Asher Chaim LLC Listed on: 01/14/2022

Last Buyer's Agent

Barbara MacIas

Tierra Antigua Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1983

Lot Details

  • Lot includes common area
  • Block Wall Fence
  • Desert Landscape

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Built-Up Roof

Interior Spaces

  • 756 Sq Ft Home
  • Property has 2 Levels
  • Family Room Off Kitchen
  • City Views
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Outdoor Features

  • Private Pool
  • Outdoor Grill

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Drakes Add Resub Of Blk 26 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,396

Year Built

Built in 1983

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Condominium
  • Style: Contemporary
  • Technology: Cable TV
  • Accessibility Options: None
  • Apartment Unit Number: 217
  • Legal Description: 10th STREET CONDOMINIUMS BLDG 4 UNIT 217 & 3.0% INT COMMON ELEMENT
  • Building Stories: One
  • Unit Level: 2
  • List Price per Sq Ft: 263.23
  • Subdivision Restrict C C And Rs: Yes
  • Additional Bathroom Features: Shower Only
  • Income Property Current Use: Income Property
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: None
  • Fireplace Location: None
  • Window Coverings: Stay
  • Floor Covering: Carpet, Wood
  • Bedrooms: 2
  • Master Bathroom Features: Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: No
  • Living Areas: Off Kitchen
  • Laundry: Laundry Closet
  • Extra Room: None
  • Combined Sq Ft: 756.00
  • Interior Steps YN: Y
  • Kitchen Features: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Main House Sq Ft: 756.00
  • Source Of Sq Ft: Other

Exterior Features

  • Construction: Slump Block
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • ExteriorFeatures: BBQ
  • F E M A Flood Zone: No
  • Fence: Slump Block
  • Guest Facilities: None
  • Landscape Front: Desert Plantings
  • Landscape Rear: Desert Plantings
  • Patio Deck: None
  • Pool Conventional: Yes
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: City

Garage/Parking

  • Garage Carport Feat: None
  • Rv Parking: None

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Monthly HOA Fee: 145.00
  • HOA Payment Frequency: Monthly
  • Community: None
  • Neighborhood Feature: Pool, Sidewalks, Street Lights

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No

Schools

  • School District: TUSD
  • Elementary School: Roskruge
  • Middle School: Mansfeld
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.02
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 263.23
  • Lot Sq Ft: 756.00
  • Lot Sz Sold Prc Sq Ft: 271.16
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1983

Tax Info

  • Tax Code: 124-08-2770
  • Taxes: 1395.92
  • Tax Year: 2021

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 25, 2022
Sold by
Timothy Hodges
Bought by
Bevels Angela
Seller's Agent
Barbara MacIas
Asher Chaim LLC
Buyer's Agent
Barbara MacIas
Tierra Antigua Realty
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Current Estimated Value
$205,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16
Avg. Annual Appreciation
0.00%
Original Mortgage
$153,750
Outstanding Balance
$143,311
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$61,705

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 24, 2022
Sold by
Asher Chaim Capital Ventures Llc
Bought by
Fowler Alex and Fowler Jennifer A
Seller's Agent
Barbara MacIas
Asher Chaim LLC
Buyer's Agent
Barbara MacIas
Tierra Antigua Realty
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$143,311
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$61,705

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 11, 2022
Sold by
Angela Bevels
Bought by
Asher Chaim Capital Ventures L
Seller's Agent
Barbara MacIas
Asher Chaim LLC
Buyer's Agent
Barbara MacIas
Tierra Antigua Realty
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$143,311
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$61,705

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jun 28, 2016
Sold by
Schaeffer Diane L
Bought by
Hodges Timothy Alexander
Seller's Agent
Marsee Wilhems
RE/MAX Majestic
Buyer's Agent
Elizabeth Prather
Coldwell Banker Realty
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Schaeffer Michael A and Schaeffer Diane L
Bought by
The Schaeffer Family Trust

Purchase Details

Closed on
Oct 15, 2008
Sold by
10Th Street Group Llc
Bought by
Schaeffer Diane L and Schaeffer Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Bevels Angela -- New Title Company Name
Fowler Alex $205,000 New Title Company Name
Asher Chaim Capital Ventures L $165,000 New Title Company Name
Hodges Timothy Alexander $118,000 Title Security Agency Llc
The Schaeffer Family Trust -- None Available
Schaeffer Diane L $159,500 Tlati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Alex $153,750
Previous Owner Schaeffer Diane L $124,150
Previous Owner Schaeffer Diane L $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $205,000 +3.0% $271 / Sq Ft
01/14/2022 01/14/22 For Sale $199,000 +68.6% $263 / Sq Ft
08/02/2016 08/02/16 Sold $118,000 0.0% $144 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $118,000 -- $144 / 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 $1,625 $12,803 -- --
2024 $1,625 $12,194 -- --
2023 $1,341 $11,613 $0 $0
2022 $1,351 $11,060 $0 $0
2021 $1,396 $10,765 $0 $0
2020 $1,396 $10,765 $0 $0
2019 $1,356 $10,774 $0 $0
2018 $1,294 $9,299 $0 $0
2017 $1,235 $9,299 $0 $0
2016 $1,204 $8,857 $0 $0
2015 $1,151 $8,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22201043

MLS of Southern Arizona

APN: 124-08-2770