NOT LISTED FOR SALE

3841 E Lee St Tucson, AZ 85716

Palo Verde Neighborhood

Estimated Value: $463,000 - $635,000

Studio
-- Bath
4,117 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $218,250 $53 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,158/month

171 Days on Market

About This Home

As of December 2016

4 units. 1 4BD 1.5 BA triplex and 1 2BD 1BA house. Two tax codes 122-18-026A & 122-18-026B. Triplex rent from 750 to 1200.

Last Agent to Sell the Property

Dennis White

D.L. White Real Estate, Inc. Listed on: 03/23/2016

Last Buyer's Agent

Dennis White

D.L. White Real Estate, Inc. Listed on: 03/23/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,644

Year Built

  • Built in 1975

Lot Details

  • 0.31 Acre Lot

Home Design

  • 4,117 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $2,643 special tax assessment

Community Details

Overview

  • Speedway Park Subdivision

Building Details

  • Fuel Expense $556
  • Insurance Expense $2,500
  • Maintenance Expense $4,000
  • Water Sewer Expense $3,500
  • Gross Income $32,370
  • Net Operating Income $19,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,644

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: Speedway park W51' Lot 5 blk1
  • List Price per Sq Ft: 64.37
  • Unit Info Average Monthly Rent Two Bedroom: 350.00
  • Unit Info Avg Mo Rent Other: 750.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units Other: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 4117.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 556.00
  • Expenses Maintenance Supplies: 4000.00
  • Expenses Taxes Assessments: 2643.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.31
  • Lot Dimensions: unknown
  • Lot Size Price Sq Ft: 19.47
  • Lot Sq Ft: 13612.00
  • Lot Sz Sold Prc Sq Ft: 16.03
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1975

Tax Info

  • Tax Code: 122-18-026B
  • Taxes: 2643.84
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Dec 7, 2016
Sold by
True Allen R and True Jr Allen Russell
Bought by
Zws Llc
Seller's Agent
Dennis White
D.L. White Real Estate, Inc.
Buyer's Agent
Dennis White
D.L. White Real Estate, Inc.
List Price
$218,250
Sold Price
$218,250
Current Estimated Value
$570,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,417
Avg. Annual Appreciation
11.14%
Original Mortgage
$152,775
Outstanding Balance
$123,172
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$447,495
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zws Llc $218,250 Stewart Title & Tr Of Tucson
Zws Llc $218,250 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zws Llc $152,775
Closed Zws Llc $152,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $218,250 0.0% $53 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $218,250 -- $53 / 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 $2,083 $15,744 -- --
2024 $1,883 $14,994 -- --
2023 $1,883 $14,280 -- --
2022 $1,894 $13,600 $0 $0
2021 $1,883 $12,336 $0 $0
2020 $1,826 $21,440 $0 $0
2019 $1,802 $20,120 $0 $0
2018 $1,763 $10,656 $0 $0
2017 $1,753 $10,656 $0 $0
2016 $1,719 $10,149 $0 $0
2015 $1,667 $9,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dennis White

    D.L. White Real Estate, Inc.

    (520) 405-9430

    10 Total Sales

    Dennis White
    Section Image
See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21608755

MLS of Southern Arizona

APN: 122-18-026B

Arizona Pima County Tucson 85716 Palo Verde

3841 E Lee St, Tucson, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.

Nearby Homes