$1,600,000
MLS# 22309755
Status: Closed
4897 sqft
1 / 15
Property Description
Prospect Lane Estate is a stunning seven-resident property. The main house is owner-occupied, including three bedrooms & bathrooms, den/library, office space, and enclosed porch. The main home also features a butler's kitchen, a spacious pantry, and a laundry room. Additional unit mix - 3 two bedrooms -3 one bedrooms built between 1959 to 1979 with Old Pueblo Charm and character. 2 commercial acre site contains a large storage building, garage, workshop, and enclosed garden area with an agricultural well. The pressure system irrigates the mature trees with a sprinkler system. Among the units, there are 11 fireplaces and 9 carports. They feature brilliant beamed ceilings, brick floors, and private patios.
Details
Documents
Address Information
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 108-21-021E
Area: Central
Contract Information
Current Price: $1,600,000
Sold Price: $1,600,000
Listing Date: 2023-04-05
Status: Closed
Short Sale: No
Status Change Info
Off Market Date: 2023-06-19
Pending Date: 2023-06-16
Sold Date: 2023-07-21
Sold Price: $1,600,000
Sold Price/SqFt: 326.73
Lot Sz Sold Prc/SqFt: 43.88
Financing: Cash Owner Carryback
Showing Information
Directions: From Campbell Ave. W-Limberlost, N-Mountain Ave, E-Prospect Lane to address. Park on street, go to 1490 E. Prospect Lane, inside property.
General Property Information
Property Sub-Type: Other
Year Built: 1965
Lot Dimensions: Irregular
Lot Acres: 0.84
Lot Sqft: 36460
Lot Size Source: Assessor
Combined SqFt: 4897
Source of SqFt: Assessor
List Price/SqFt: 459.46
Lot Size Price/SqFt: 61.71
Apartment Unit Information
# of Units/Studios: 1
# of Units/1 BR: 2
# of Units/2 BR: 3
# of Units/3 BR: 1
Electric
Electric Company: TEP
Parking
# Covered Parking: 4
Sold Info
Est. Closing Date: 2023-07-21
Seller Concessions: 500000
Property Features
Property Features: Storage
Construction: Burnt Adobe
Roof: Built-Up
Main Cooling: Central Air; Evaporative Cooling; Window Unit(s)
Main Heating: Forced Air
Gas: Natural
Sewer: Septic
Water: Domestic Well
Fence: Chain Link; Wood
Landscape - Front: Low Care; Shrubs; Sprinkler/Drip; Trees
Landscape - Rear: Low Care; Trees
Road Type: Paved
Lot Features: Cul-De-Sac
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Loan Status; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Supplements
Located in the heart of Tucson Arizona, Prospect Lane offers residents easy access to the U of Arizona, St Phillips Square, and a short walk to the Loop.
This is an incredible opportunity to own a piece of history and an income-producing property in a highly sought-after location. The fact that the seller has owned the property for over 30 years is a testament to its value and potential for long-term investment. Don't miss your chance to make Prospect Lane your next investment and/or home.
Contact us today to schedule a showing and experience the charm and beauty of Prospect Lane for yourself.
Lead Paint Discl 
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 21 - 2024
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