NOT LISTED FOR SALE

Estimated Value: $160,365

0.13 Acre
$1,233,577 Price per Acre
5,663 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $143,000 $25 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $968/month

255 Days on Market

About This Lot

As of May 2023

Incredible development opportunity in the desirable West University Neighborhood Association! Just blocks from the University of Arizona, this vacant lot is zoned H-C1 and will allow a single-family residence or duplex to be built. Mature mesquite trees line this property that is surrounded by charming historic homes. The lot is currently used as a parking lot and has a month to month tenant. Don't miss this rare infill development opportunity near downtown and U of A!

Last Agent to Sell the Property

Bobbie Fimbres

Realty Bobbie Listed on: 09/13/2022

Last Buyer's Agent

Eddie Watters

Realty Executives Arizona Territory

Realty Executives Arizona Territory

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,413

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 65x85x66x84
  • Subdivision Possible
  • Property is zoned Tucson - HC1

Schools

  • Roskruge Elementary School
  • Roskruge Bilingual Magnet Middle School
  • Tucson High School

Community Details

  • The community has rules related to deed restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$1,413

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Legal Description: Tucson W84.80' Lot 9 Blk 38
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • F E M A Flood Zone: TBD
  • Fence: None
  • Fence Other: shared wall
  • Road Maintenance: None
  • View: Residential

Utilities

  • Water: City
  • Electric: Electric Company
  • Fire Protection: None
  • Gas Company: None
  • Sewer: None
  • Phone Location: None

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Neighborhood Features: None
  • Senior Community: No
  • Subdivision Restrictions CC&Rs: Yes
  • Deed Restrictions: Yes

Schools

  • School District: TUSD
  • Elementary School: Roskruge
  • Middle School: Roskruge Bilingual Magnet
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212131825981000000
  • Horse Property: No
  • Lot Acres: 0.13
  • Lot Dimensions: 65x85x66x84
  • Lot Features: Dividable Lot
  • Lot Sq Ft: 5663.00
  • Municipality Zoning: Tucson - HC1
  • Lot Sz Price Acre: 1153846.15
  • Lot Sz Sold Prc Acre: 1100000.00
  • Lot Unit Number: 9
  • Municipal Flood Zone: TBD
  • Property Use Type: Other

Tax Info

  • Tax Code: 117-03-265A
  • Taxes: 1413.14
  • Tax Year: 2021

MLS Schools

  • Middle School: Roskruge Bilingual Magnet
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
May 29, 2023
Sold by
Morning Star Property Management Llc
Bought by
Shrum Richard E
Seller's Agent
Bobbie Fimbres
Realty Bobbie
Buyer's Agent
Eddie Watters
Realty Executives Arizona Territory
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%
Views
61
Current Estimated Value
$160,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,365
Avg. Annual Appreciation
5.72%
Original Mortgage
$71,500
Outstanding Balance
$69,929
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$90,436

Purchase Details

Closed on
Mar 16, 2011
Sold by
Raige & Phys Llc
Bought by
Morningstar Property Management Llc
Source: Public Records

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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
Shrum Richard E $143,000 Stewart Title & Trust Of Tucso
Morningstar Property Management Llc $40,000 Tfnti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrum Richard E $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $143,000 -4.7% $25 / Sq Ft
09/13/2022 09/13/22 For Sale $150,000 -- $26 / 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 $895 $6,716 -- --
2023 $1,108 $8,396 $0 $0
2022 $1,169 $8,396 $0 $0
2021 $1,413 $9,256 $0 $0
2020 $1,370 $10,998 $0 $0
2019 $1,352 $10,998 $0 $0
2018 $1,323 $8,396 $0 $0
2017 $1,381 $8,396 $0 $0
2016 $1,400 $8,396 $0 $0
2015 $1,519 $8,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 22224181

MLS of Southern Arizona

APN: 117-03-265A