NOT LISTED FOR SALE

1134 E Lester St Tucson, AZ 85719

Jefferson Park Neighborhood

Estimated Value: $400,000 - $786,000

-- Bed
-- Bath
2,886 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $455,000 $158 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,778/month

275 Days on Market

About This Home

As of December 2016

Unique 2 home parcel in Jefferson Park, 4 bed, 2 ba front house. 2 bed, 1 ba back house. R-1 lot is oversized allowing for the permitted second home. Plenty of off street parking. No Vacancy since 2009. AC's new in 2006. Swimming Pool replastered during ownership. Leased thru July 2017. Grandfathered MiniDorm. Floorplan is under documents, One Member of LLC is a licensed Real Estate Agent.

Last Agent to Sell the Property

Tom Campbell

Long Realty Listed on: 03/15/2016

Co-Listed By

Lori Mares

Long Realty

Last Buyer's Agent

Kenneth Adams

Rincon Ventures, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150

Home Design

  • 2,886 Sq Ft Home

Utilities

  • Heat Pump System

Listing and Financial Details

  • $4,834 special tax assessment

Community Details

Overview

  • Monterey Add Amended Subdivision

Building Details

  • Gross Income $46,800
  • Net Operating Income $41,966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,952

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: Monterey Amended Lots 6 & 7 Blk 2
  • List Price per Sq Ft: 164.59
  • Unit Info Avg Mo Rent Other: 3900.00
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2886.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Heat Pump
  • Main Heating: Heat Pump
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 4834.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.28
  • Lot Dimensions: 80x150
  • Lot Size Price Sq Ft: 38.94
  • Lot Sq Ft: 12197.00
  • Lot Sz Sold Prc Sq Ft: 37.30
  • Municipality Zoning: Tucson - NR1

Building Info

  • Year Built: 1951

Tax Info

  • Tax Code: 123-11-0340
  • Taxes: 4952.36
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Dec 21, 2016
Sold by
Formore Investments Llc
Bought by
Stein Carl L
Seller's Agent
Tom Campbell
Long Realty
Buyer's Agent
Kenneth Adams
Rincon Ventures, Inc.
List Price
$455,000
Sold Price
$455,000
Total Days on Market
275
Current Estimated Value
$596,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,656
Avg. Annual Appreciation
3.26%
Original Mortgage
$101,209
Outstanding Balance
$84,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$512,656

Purchase Details

Closed on
Dec 18, 2015
Sold by
Higgins I Margaret
Bought by
Formore Investment Llc

Purchase Details

Closed on
Dec 4, 2012
Sold by
Formore Investments Llc
Bought by
Higgins Margaret

Purchase Details

Closed on
Jun 12, 2007
Sold by
Higgins Margaret A and Mares Lori C
Bought by
Formore Investments Llc

Purchase Details

Closed on
Mar 27, 2007
Sold by
Madanshetty Sameer and Zambrano Isabel
Bought by
Higgins Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2001
Sold by
James Norma L
Bought by
Madanshetty Sameer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,350
Interest Rate
7.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Stein Carl L $455,000 Fidelity Natl Title Agency I
Formore Investment Llc -- None Available
Higgins Margaret -- None Available
Formore Investments Llc -- None Available
Higgins Margaret A $410,000 Long Title
Madanshetty Sameer $201,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Carl L $101,209
Previous Owner Higgins Margaret $327,980
Previous Owner Higgins Margaret A $328,000
Previous Owner Higgins Margaret A $61,500
Previous Owner Madanshetty Sameer $51,000
Previous Owner Madanshetty Sameer $181,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $455,000 0.0% $158 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $455,000 -- $158 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,143 $40,949 -- --
2023 $5,143 $38,999 -- --
2022 $5,173 $37,142 $0 $0
2021 $5,143 $33,689 $0 $0
2020 $4,987 $33,689 $0 $0
2019 $4,921 $34,494 $0 $0
2018 $4,813 $29,671 $0 $0
2016 $4,952 $29,702 $0 $0
2015 $4,834 $28,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tom Campbell

    Long Realty

  • Lori Mares

    Seller Co-Listing Agent in 2016

    Lori Mares

    Long Realty

    (520) 918-5808

    280 Total Sales

    Lori Mares
    Section Image

  • K

    Buyer's Agent in 2016

    Kenneth Adams

    Rincon Ventures, Inc.

    (520) 591-8644

    17 Total Sales

    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 21607748

MLS of Southern Arizona

APN: 123-11-0340

Arizona Pima County Tucson 85719 Jefferson Park

1134 E Lester St, Tucson, AZ

This home is located at 1134 E Lester St, Tucson, AZ 85719 since 15 March 2016 and is currently estimated at $596,656, approximately $206 per square foot. This property was built in 1951. 1134 E Lester 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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