NOT LISTED FOR SALE

235 W Lester St Tucson, AZ 85705

Balboa Heights Neighborhood

Estimated Value: $222,000 - $470,000

-- Bed
-- Bath
2,896 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $180,000 $62 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,223/month

112 Days on Market

About This Home

As of September 2013

Well maintained and recently renovated solid masonry-stucco 4-plex! All units are 2BR/1BA. Two-story with two units upstairs and two units down. Property is currently vacant due to recent renovations. Rents were $550 per unit prior to the vacancy. Don't miss this opportunity for a nice investment property. Seller financing is available.

Last Agent to Sell the Property

Jeffrey Ell

Keller Williams Southern Arizona Listed on: 06/03/2013

Last Buyer's Agent

Jeffrey Ell

Keller Williams Southern Arizona Listed on: 06/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1982

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49.5x152

Home Design

  • 2,896 Sq Ft Home
  • Quadruplex

Utilities

  • Central Air
  • Floor Furnace

Listing and Financial Details

  • $1,488 special tax assessment

Community Details

Overview

  • Bronx Park Subdivision

Building Details

  • Insurance Expense $855
  • Maintenance Expense $2,000
  • Professional Management Expense $2,640
  • Water Sewer Expense $1,200
  • Gross Income $23,760
  • Net Operating Income $15,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,488

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Lot 2 Block 41 Bronx Park
  • List Price per Sq Ft: 63.88
  • Unit Info Average Monthly Rent Two Bedroom: 550.00
  • Unit Info Number Of Units2 B R: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 2896.00

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Floor Furnace
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 2000.00
  • Expenses Taxes Assessments: 1488.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.17
  • Lot Dimensions: 49.5x152
  • Lot Size Price Sq Ft: 24.98
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 24.31
  • Municipality Zoning: Tucson - B1

Building Info

  • Year Built: 1982

Tax Info

  • Tax Code: 115-07-0600
  • Taxes: 1488.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 20, 2013
Sold by
Johnson John A
Bought by
Pedrego Jesus E
Seller's Agent
Jeffrey Ell
Keller Williams Southern Arizona
Buyer's Agent
Jeffrey Ell
Keller Williams Southern Arizona
List Price
$180,000
Sold Price
$180,000
Total Days on Market
112
Current Estimated Value
$377,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,853
Avg. Annual Appreciation
6.55%
Original Mortgage
$176,739
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2005
Sold by
Johnson John A
Bought by
Johnson Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Pedrego Jesus E $180,000 First American Title Ins Co
Pedrego Jesus E $180,000 First American Title Ins Co
Johnson Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedrego Jesus E $87,000
Open Pedrego Jesus E $163,700
Closed Pedrego Jesus E $172,515
Closed Pedrego Jesus E $176,124
Closed Pedrego Jesus E $176,739
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $180,000 0.0% $62 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $180,000 -- $62 / 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 $1,291 $11,743 -- --
2023 $1,291 $11,184 $0 $0
2022 $1,301 $10,651 $0 $0
2021 $1,306 $9,661 $0 $0
2020 $1,253 $18,006 $0 $0
2019 $1,217 $15,316 $0 $0
2018 $1,161 $8,346 $0 $0
2017 $1,108 $8,346 $0 $0
2016 $1,080 $7,948 $0 $0
2015 $1,033 $7,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeffrey Ell

    Keller Williams Southern Arizona

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21315367

MLS of Southern Arizona

APN: 115-07-0600

Arizona Pima County Tucson 85705 Balboa Heights

235 W Lester St, Tucson, AZ

This home is located at 235 W Lester St, Tucson, AZ 85705 since 03 June 2013 and is currently estimated at $377,853, approximately $130 per square foot. This property was built in 1982. 235 W Lester St is a home located in Pima County with nearby schools including Cragin Elementary School, Doolen Middle School, and Tucson High Magnet School.

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