NOT LISTED FOR SALE

1016 E Lee St Tucson, AZ 85719

North University Neighborhood
-- Bed
-- Bath
6,896 Sq Ft
0.59 Acres

Last Sold November 30, 2012

Last sale price $675,000 $98 Per Sq Ft

28 Days on Market

About This Home

As of November 2012

Great Rental Location 5 blocks north of the University of Arizona. Easy to keep rented at good rental rates! 12 Casitas with laundry room and adjacent 5 plex (two buildings) being sold together. Most units rented through 7/28/2013. New Exterior paint 9/2012. New Central AC/Heating, Circuit breakers, & Laundry Room installed 2008 at 1030 E Lee. Tenants pay for all their own utilities except water. Great Investment Opportunity! One of the Owners is licensed to sell real estate in Arizona.

Last Agent to Sell the Property

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 10/02/2012

Last Buyer's Agent

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 10/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Year Built

  • Built in 1928

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 170 x 150

Home Design

  • 6,896 Sq Ft Home

Listing and Financial Details

  • $5,086 special tax assessment

Community Details

Overview

  • University Home Addition Subdivision

Building Details

  • Fuel Expense $600
  • Insurance Expense $3,400
  • Maintenance Expense $5,000
  • Professional Management Expense $8,896
  • Water Sewer Expense $4,800
  • Gross Income $107,961
  • Net Operating Income $77,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: University Home W10' Of Lot 2, Lots 3,4,5, & 6 BLK 18
  • List Price per Sq Ft: 97.88
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 550.00
  • Unit Info Average Monthly Rent Two Bedroom: 600.00
  • Unit Info Avg Mo Rent Other: 150.00
  • Unit Info Average Monthly Rent Studios: 475.00
  • Unit Info Number Of Units1 B R: 9
  • Unit Info Number Of Units2 B R: 3
  • Unit Info Number Of Units Other: 1
  • Unit Info Number Of Units Studios: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 6896.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 250.00
  • Expenses Capital Expenses: 2500.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 600.00
  • Expenses Maintenance Supplies: 5000.00
  • Expenses Other Expenses: 250.00
  • Expenses Taxes Assessments: 5086.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.59
  • Lot Dimensions: 170 x 150
  • Lot Size Price Sq Ft: 26.47
  • Lot Sq Ft: 25500.00
  • Lot Sz Sold Prc Sq Ft: 26.47
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1928

Tax Info

  • Tax Code: 123-15-233A
  • Taxes: 4936.00
  • Tax Year: 2010

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $675,000 0.0% $98 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $675,000 -- $98 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jarrett Reidhead

    Tucson Integrity Realty, LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21224124

MLS of Southern Arizona

APN: 123-15-2360

Arizona Pima County Tucson 85719 North University

1016 E Lee St, Tucson, AZ

This home is located at 1016 E Lee St, Tucson, AZ 85719 since 02 October 2012. This property was built in 1928. 1016 E Lee St is a home located in Pima County with nearby schools including Blenman Elementary School, Doolen Middle School, and Catalina High School.

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