WASHINGTON You may have seen reports about a major tax-reform proposal floated last week by Rep. Dave Camp of Michigan, the chairman of the House Ways and Means Committee. But you probably didn’t see the grisly list of long-standing home real estate tax benefits that would be eliminated or sharply reduced under Camp’s plan.
Sales Jon O’Shea and Rob Fischrup of Vast Real Estate Solutions LLC represented 2030 East LLC in the following purchases: 17,865 square feet at 7430, 7458 and 7464 N. La Cholla Blvd. from 220Properties LLC for $3.5 million; 4,040 square feet at 7494 N. La Cholla Blvd. from Kash LLC for $875,000. Kash was represented by Tom Knox of Picor. In another transaction, 2030 East LLC bought 8,810 square feet at 5232 E. Pima St. from Source One Investments LLC for $350,000. Source One was represented by Tom Knox of Picor. 2030 East LLC also bought 8,476 square feet at 9302 E. 22nd St. from Source Three Investments LLC for $1.9 million.
WASHINGTON — One of the mortgage products that contributed to the housing crash is booming again: New home-equity-credit-line borrowings soared by 42 percent in the final three months of 2013 and were up sharply for the entire year, to $111 billion.
Sales The William Warren Group bought the 451-unit Midvale Valencia Self Storage at 6400 S. Commerce Court for $3.3 million from M-V Self Storage LLC. The company also bought two other Arizona properties in Glendale and Apache Junction. University City Church bought a 34,163 square-foot church at 604 N. Sixth Ave. from Crosslife Ministries for $1.9 million.
Sales Portions of Tucson’s last drive-in movie theater have been sold. Harrison Properties LLC bought 6.2 acres of the former DeAnza Drive-in Movie Theater at 22nd Street and Alvernon Way from Evergreen Development Co. for $1.3 million to build office space.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Tucson Association of REALTORS® Multiple Listing Service (TAR MLS), the Green Valley/Sahuarita Arizona Multiple Listing Service (GVAR MLS), and the Southeast Arizona Multiple Listing Service, Inc. (SAAR MLS). Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX/RETS data is deemed reliable but is not guaranteed accurate by the MLS.
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