NOT LISTED FOR SALE

1202 E Lee St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $617,504 - $798,000

-- Bed
3 Baths
2,988 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $350,000 $117 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,043/month

96 Days on Market

About This Home

As of May 2016

Outstanding Location! 2 Homes. West Unit has 4 Bedrooms. East Unit has 5 Bedrooms & is avail to show. Corner Lot in the heart of North University! A few blocks to main campus, UofA Medical Center & Modern Street Car! Original building constructed circa 1950. Significant reconstruction/ modernization in 1995. Tenants love the roof deck & private gated or fenced patios. Generously sized bedrooms! Extensive ceramic tile. Fully equipped with a laundry room for each building. Appliances included as-is. Do not disturb tenants.

Last Agent to Sell the Property

Rebecca Patsch

Long Realty Brokerage Phone: 520-349-7322 Listed on: 01/31/2016

Long Realty

Last Buyer's Agent

Christina Valencia

Peach Properties HM, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,590

Year Built

  • Built in 1995

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80 x 100

Home Design

  • 2,988 Sq Ft Home
  • Duplex

Utilities

  • Zoned Cooling
  • Heat Pump System

Listing and Financial Details

  • $4,590 special tax assessment

Community Details

Overview

  • University Home Addition Subdivision

Building Details

  • Gross Income $31,200
  • Net Operating Income $26,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,590

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: UNIVERSITY HOME N100' LOTS 8 & 9 BLK 16
  • List Price per Sq Ft: 126.84
  • Unit Info Avg Mo Rent Other: 1600.00
  • Unit Info Number Of Units Other: 2
  • Attribution Contact: 520-349-7322
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2988.00
  • Interior Steps: Yes

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Zoned
  • Main Heating: Heat Pump
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: No

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 4589.98

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.18
  • Lot Dimensions: 80 x 100
  • Lot Size Price Sq Ft: 47.38
  • Lot Sq Ft: 8000.00
  • Lot Sz Sold Prc Sq Ft: 43.75
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1995

Tax Info

  • Tax Code: 123-15-2050
  • Taxes: 4589.98
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2016
Closed on
May 5, 2016
Sold by
Momandeyer Partners Llc
Bought by
Costanza Christian
Seller's Agent
Rebecca Patsch
Long Realty
Buyer's Agent
Christina Valencia
Peach Properties HM, Inc.
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$679,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,876
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Studwell Richard and Studwell Judy
Bought by
Todd Grey and Soper Joan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Soper Thomas Gail
Bought by
Soper Joan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,750
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Costanza Christian $350,000 Title Security Agency Llc
Costanza Christian -- Title Security Agency Llc
Costanza Christian -- Title Security Agency Llc
Costanza Christian $350,000 Title Security Agency Llc
Todd Grey $511,100 None Available
Momandeyer Partners Llc -- None Available
Momandeyer Partners Llc -- None Available
Todd Grey $511,100 None Available
Soper Joan T -- None Available
Soper Joan T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todd Grey $357,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Sold $350,000 0.0% $117 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $350,000 -- $117 / 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
2025 $5,768 $43,602 -- --
2024 $5,220 $41,526 -- --
2023 $5,220 $39,548 $0 $0
2022 $5,246 $37,665 $0 $0
2021 $5,216 $34,163 $0 $0
2020 $5,057 $34,163 $0 $0
2019 $4,990 $34,910 $0 $0
2018 $4,881 $29,827 $0 $0
2017 $4,906 $29,827 $0 $0
2016 $4,736 $28,407 $0 $0
2015 $4,590 $27,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Patsch

    Seller's Agent in 2016

    Rebecca Patsch

    Long Realty

    (520) 349-7322

    151 Total Sales

    Rebecca Patsch
    Section Image

  • C

    Buyer's Agent in 2016

    Christina Valencia

    Peach Properties HM, Inc.

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Map

Source: MLS of Southern Arizona

MLS Number: 21603279

MLS of Southern Arizona

APN: 123-15-2050

Arizona Pima County Tucson 85719 North University

1202 E Lee St, Tucson, AZ

Not Listed for Sale

MultiFamily

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