NOT LISTED FOR SALE

3815 S 5th Ave Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $194,000 - $281,000

-- Bed
-- Bath
1,952 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $60,100 $31 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $1,379/month

91 Days on Market

About This Home

As of October 2013

Have your neighbor pay your mortgage. Great Investment! 3 plex with one 1 bed 1 bath unit and two 2 bed 1 bath units. Just south of Ajo way and east of 6th avenue. Be aware when showing Unit 3 that there is an excavated hole in the back yard.

Last Agent to Sell the Property

Bob Zachmeier

Win3 Realty Listed on: 07/15/2013

Last Buyer's Agent

Matthew Wong

Panda Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1986

Lot Details

  • 7,932 Sq Ft Lot

Home Design

  • 1,952 Sq Ft Home
  • Triplex
  • Frame With Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • $1,455 special tax assessment

Community Details

Overview

  • Government Hgts Sub 2 Amd Subdivision

Building Details

  • Gross Income $11,880
  • Net Operating Income $10,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: AMENDED GOVERNMENT HEIGHTS NO 2 N2 LOT 4 BLK 4
  • List Price per Sq Ft: 29.05
  • Unit Info Average Monthly Rent One Bedroom: 270.00
  • Unit Info Average Monthly Rent Two Bedroom: 360.00
  • Unit Info Number Of Units1 B R: 1
  • Unit Info Number Of Units2 B R: 2
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1952.00

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1455.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.18
  • Lot Dimensions: UNKNOWN
  • Lot Size Price Sq Ft: 7.15
  • Lot Sq Ft: 7932.00
  • Lot Sz Sold Prc Sq Ft: 7.58
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1986

Tax Info

  • Tax Code: 120-06-0470
  • Taxes: 1455.45
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Tiery Ventures Llc
Bought by
Va Property Portfolio Llc
Current Estimated Value
$240,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$515,362
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
-$274,848

Purchase Details

Closed on
Oct 2, 2017
Sold by
Tiery Ventures Llc
Bought by
Tiery Ventures 3815 S 5Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2017
Sold by
Interdependent Tucson Llc
Bought by
Tiery Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2013
Sold by
Jp Morgan Chase Bank Na
Bought by
Interdependent Tucson Llc

Purchase Details

Closed on
Sep 24, 2012
Sold by
Coss Douglas R
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 7, 2006
Sold by
Coss Douglas R
Bought by
Coss Ron
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
Va Property Portfolio Llc $750,000 Fidelity Natl Ttl Agcy Inc
Tiery Ventures 3815 S 5Th Ave Llc -- Accommodation
Tiery Ventures 3815 S 5Th Ave Llc -- Accommodation
Tiery Ventures Llc -- Title Security Agency Llc
Interdependent Tucson Llc $60,100 North American Title Company
Jpmorgan Chase Bank Na $65,414 Tfnti
Coss Ron -- None Available
Coss Ron -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Va Property Portfolio Llc $562,500
Previous Owner Tiery Ventures Llc $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $60,100 0.0% $31 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $60,100 -- $31 / 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 $1,423 $10,754 -- --
2024 $1,365 $10,242 -- --
2023 $1,294 $9,754 $0 $0
2022 $1,294 $9,290 $0 $0
2021 $1,286 $8,426 $0 $0
2020 $1,247 $11,001 $0 $0
2019 $1,231 $10,492 $0 $0
2018 $1,204 $7,279 $0 $0
2017 $1,197 $7,279 $0 $0
2016 $1,186 $6,932 $0 $0
2015 $1,120 $6,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bob Zachmeier

    Win3 Realty

  • M

    Buyer's Agent in 2013

    Matthew Wong

    Panda Key Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21318923

MLS of Southern Arizona

APN: 120-06-0470

Arizona Pima County Tucson 85714 Fairgrounds

3815 S 5th Ave, Tucson, AZ

Not Listed for Sale

MultiFamily

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