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432 East Michigan Drive

432 East Michigan Drive, Tucson, AZ 85714
Commercial in Fairgrounds
Sold Feb 12, 2021
$255,000
$220,000 by Nova Financial & Investment Co
Mortgage Due Mar 01, 2050
Sold Jun 24, 2020
$65,000
$158,000 by Fidelity National Title Agency
Mortgage
Local assessors in Tucson, AZ have categorized 432 East Michigan Drive as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 8,419 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 432 East Michigan Drive has a total of 2,400 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a mansard style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Feb 9, 2021 for $255,000. That's $106.25 per sqft. Prior to that sales transaction, the property was also sold in Jun 22, 2020 for $65,000. 432 East Michigan Drive was last assessed in 2024. The total value of the property was assessed at $16,819. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,849. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Roof Shape Type: Mansard
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,419
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRGROUNDS RESUB
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Farm supply & equipment (retail)
  • Legal Description 1: FAIRGROUNDS RESUB LOT 1 & E14.76 LOT 2 EXC FAIR AVE BLK 9

Ownership

  • Current Owner : SOTO SHAMAY
  • Previous Owner : PAPO HOMES LLC
  • Owner Before Previous Owner: TERAN CLAUDIA
  • Owner Before Previous Owner 2: VASQUEZ CLAUDIA TERAN
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 23, 2023

Neighborhood

  • School District Name: Tucson Unified District
  • Census Tract: 002400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 36-14S-13E
  • District: SOUTH TUCSON
  • Parcel: 120-09-1290
  • Block: 9
  • Lot: 1
  • Meridian: SEC 36 TWN 14S RNG 13E
  • Municipality: FAIRGROUNDS
  • Latitude: 32.1702
  • Longitude: -110.962

    Address

  • Full Address: 432 E Michigan Dr
  • Address - House Number: 432
  • Street Direction: E
  • Address - Street Name: Michigan
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tucson
  • Carrier Code: C036
  • 4-Digit Zip Code: 2833
  • Zip Code: 85714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,849
  • Tax Rate Code Area: 150

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 77
  • Final Value: 335,151
  • High Value: 393,427
  • Low Value: 276,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $244,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $16,819

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11817514317
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210431210
  • Previous Sale Recording Date: Jun 24, 2020
  • Previous Sale Contract Date: Jun 22, 2020
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY NATIONAL TITLE AGENCY
  • Previous Mortgage Transaction Date: Jun 24, 2020
  • Previous Mortgage Loan Amount: $158,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First

About Fairgrounds



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Frequently Asked Questions

What neighborhood is 432 East Michigan Drive located in?
The 432 East Michigan Drive is a commercial located in the neighborhood of Fairgrounds in Fairgrounds, Tucson.
What is the average sales price for listings in 432 East Michigan Drive?
The average sales price for units in 432 East Michigan Drive is $0 currently.

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