NOT LISTED FOR SALE

242 E 5th St Tucson, AZ 85705

West University Neighborhood

Estimated Value: $507,000 - $867,183

6 Beds
3 Baths
2,750 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $430,000 $156 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,141/month

223 Days on Market

Highlights

  • The property is located in a historic district
  • Great Room
  • Double Pane Windows
  • Mountain View
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of February 2018

Original house built c. 1920 has been upgraded and updated/ electrical, plumbing, HVAC, and dual pane windows. Main house 1726 sqft has open floor plan with 3 bedrm 2 full bath w/ clawfoot tubs. Basement is 362 sqft 1 bdrm and 1 bath. Guest house is 662 sqft with 2 bdrms, 1 bath and a kitchen. Great U of A rental! One block from historic 4th ave and street car. Easy to rent.

Last Agent to Sell the Property

Timothy Hagyard

Long Realty Listed on: 06/17/2017

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44x122
  • Wrought Iron Fence

Home Design

  • Duplex
  • Bungalow
  • Split Level Home
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Shower Only in Secondary Bathroom

Parking

  • No Driveway
  • On-Street Parking

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $4,853 special tax assessment

Community Details

Overview

  • City Of Tuc Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $840
  • Maintenance Expense $2,200
  • Gross Income $37,200
  • Net Operating Income $28,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Bungalow
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: Tucson W44' E92.8' Lot 1 & W44' E92.8 N56' Lot 4 BLK 60 Opener
  • Attached Detached: Detached
  • List Price per Sq Ft: 163.64
  • Subdivision Restrict C C And Rs: No
  • Unit Info Avg Mo Rent Other: 3200.00
  • Unit Info Number Of Units Other: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Dual Pane Windows
  • Window Coverings: None
  • Floor Covering: Ceramic Tile, Vinyl
  • Gross Sq Ft: 2750.00
  • Bathroom Features: Shower & Tub/Primary, Shower Only/Hall
  • Breakfast: Area
  • Dining Areas: Breakfast Bar
  • Dining Room: Area
  • Living Areas: Great Room
  • Laundry: Laundry Closet, Laundry Room
  • Extra Room: None
  • Kitchen Features: Breakfast Bar, Gas Range, Refrigerator
  • Interior Steps: Yes

Exterior Features

  • Construction: Stucco Finish
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wrought Iron
  • Landscape Front: Decorative Gravel
  • Landscape Rear: Decorative Gravel
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: None

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: Yes
  • Miscellaneous Master Gas Meter: Yes
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: Historic, Sidewalks

Fee Information

  • Expenses Contract Services: 840.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 2200.00
  • Expenses Taxes Assessments: 4852.98

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.12
  • Lot Dimensions: 44x122
  • Lot Features: Subdivided
  • Lot Size Price Sq Ft: 86.09
  • Lot Sq Ft: 5227.00
  • Lot Sz Sold Prc Sq Ft: 82.27
  • Municipality Zoning: Tucson - R3
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1935

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Sewer: Tenant
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 117-04-2600
  • Taxes: 4852.98
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Mansfeld
  • Elementary School: Roskruge
  • High School: Tucson
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
District On 5Th Tucson Az Llc
Bought by
Breit Sh District 5Th Llc
Current Estimated Value
$701,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,066
Outstanding Balance
$533,529
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$168,017

Purchase Details

Listed on
Jun 17, 2017
Closed on
Feb 27, 2018
Sold by
Over The Fence Llc
Bought by
District On 5Th Tucson Az Llc
Seller's Agent
Timothy Hagyard
Long Realty
Buyer's Agent
Non- Member
Non-Member Office
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Koester Jennifer

Purchase Details

Closed on
Feb 17, 2010
Sold by
Santa Maria Anthony J
Bought by
Federal Home Loan Mortgage Corp
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
Breit Sh District 5Th Llc $111,650,259 Stewart Title
District On 5Th Tucson Az Llc $430,000 First American Title Insuran
Koester Jennifer $221,500 Tfati
Federal Home Loan Mortgage Corp $375,000 Tfnti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breit Sh District 5Th Llc $613,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $430,000 0.0% $156 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
06/17/2017 06/17/17 For Sale $430,000 -- $156 / 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 $5,707 $43,146 -- --
2024 $5,475 $41,091 -- --
2023 $5,166 $39,134 $0 $0
2022 $5,191 $37,271 $0 $0
2021 $5,161 $33,806 $0 $0
2020 $5,004 $33,806 $0 $0
2019 $4,938 $37,053 $0 $0
2018 $4,830 $29,203 $0 $0
2017 $4,803 $29,203 $0 $0
2016 $4,853 $29,106 $0 $0
2015 $4,703 $27,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Timothy Hagyard

    Long Realty

  • N

    Buyer's Agent in 2018

    Non- Member

    Non-Member Office

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21716358

MLS of Southern Arizona

APN: 117-04-2600

Arizona Pima County Tucson 85705 West University

242 E 5th St, Tucson, AZ

Not Listed for Sale

MultiFamily

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