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4530 East Fairmount Street

4530 East Fairmount Street, Tucson, AZ 85712
Multifamily in Midtown
Sold Aug 12, 2019
$450,000
$240,000 by Pima Fcu
Mortgage
Sold Mar 13, 2017
$185,000
$138,750 by Summit Funding Inc
Mortgage Due Apr 01, 2047
Local assessors in Tucson, AZ have categorized 4530 East Fairmount Street as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 9,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. 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 4530 East Fairmount Street has a total of 2,347 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4530 East Fairmount Street sold most recently in Aug 8, 2019 for a total of $450,000. If you work out the math, that's approximately a cost of $191.73 per sqft. Before that, the property was also sold for $185,000 in Mar 6, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,912 in taxes each year. 4530 East Fairmount Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $15,212. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Triplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 3
  • Business/Commerical Units Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 2,347
  • Gross Building Area: 2,347
  • Building Area: 2,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,347
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPEEDWAY
  • Land Acres: 0.207
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SPEEDWAY W60 N150 LOT 8 BLK 7

Ownership

  • Current Owner : SAN LUIS OBISPO LLC
  • Previous Owner : BENJO FAMILY HOLDINGS LLC
  • Owner Before Previous Owner: VASSALLO SANTO A
  • Owner Before Previous Owner 2: VASSALLO MADDALENA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tucson Unified District
  • Census Tract: 003103

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 03-14S-14E
  • District: NORTH CENTRA
  • Parcel: 122-12-098D
  • Block: 7
  • Lot: 8
  • Meridian: SEC 03 TWN 14S RNG 14E
  • Municipality: MIDTOWN
  • Latitude: 32.2395
  • Longitude: -110.896

    Address

  • Full Address: 4530 E Fairmount St
  • Address - House Number: 4530
  • Street Direction: E
  • Address - Street Name: Fairmount
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Tucson
  • Carrier Code: C011
  • 4-Digit Zip Code: 5909
  • Zip Code: 85712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,912
  • Tax Rate Code Area: 150

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 80
  • Final Value: 403,421
  • High Value: 468,100
  • Low Value: 338,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: PIMA FCU
  • First Open Lien Mortgage Recording Date: Aug 12, 2019
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $300,077
  • Market Land Value: $502
  • Market Improvement Value: $299,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $15,212

    Sales

  • Current Sale Contract Date: Aug 08, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Transaction ID: 11635400316
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20192240792
  • Previous Sale Recording Date: Mar 13, 2017
  • Previous Sale Contract Date: Mar 06, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIMA FCU
  • First Mortgage Transaction Date: Aug 12, 2019
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Mar 13, 2017
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Ward 6



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Frequently Asked Questions

What neighborhood is 4530 East Fairmount Street located in?
The 4530 East Fairmount Street is a multifamily located in the neighborhood of Midtown in Ward 6, Tucson.
What is the average sales price for listings in 4530 East Fairmount Street?
The average sales price for units in 4530 East Fairmount Street is $0 currently.

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