NOT LISTED FOR SALE

3908 S 5th Ave Tucson, AZ 85714

Fairgrounds Neighborhood

Estimated Value: $224,704 - $323,000

-- Bed
-- Bath
1,931 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $105,000 $54 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,533/month

51 Days on Market

About This Home

As of February 2015

Excellent cash flow opportunity. All units rented. All units recently remodeled and well maintained. Front home is 3 bdrm, 2 bath. Rear Duplex is 2 bdrm, 2 bath and 2 bdrm, 1 bath. All units have security iron, private yard areas and laundry hook-ups. Owner/Agent. Do Not Disturb Tenants.

Last Agent to Sell the Property

Thomas Russo

Tierra Antigua Realty Listed on: 12/10/2014

Co-Listed By

Darla Johnson

Tierra Antigua Realty

Last Buyer's Agent

Jasmin Vaught

Riviera Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 115

Home Design

  • 1,931 Sq Ft Home
  • Triplex
  • Masonry

Listing and Financial Details

  • $1,019 special tax assessment

Community Details

Overview

  • Government Hgts Sub 2 Amd Subdivision

Building Details

  • Fuel Expense $600
  • Insurance Expense $790
  • Maintenance Expense $250
  • Water Sewer Expense $2,800
  • Gross Income $19,044
  • Net Operating Income $13,585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 3 Plex
  • Legal Description: AMENDED GOVERNMENT HEIGHTS NO 2LOT 10 BLK 6
  • List Price per Sq Ft: 56.71
  • Unit Info Average Monthly Rent Two Bedroom: 525.00
  • Unit Info Average Monthly Rent Three Bedroom: 675.00
  • Unit Info Number Of Units2 B R: 2
  • Unit Info Number Of Units3 B R: 1
  • Unit Info Number Of Units Other: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1931.00

Exterior Features

  • Construction: Masonry Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Security: Window Bars
  • Sewer: Connected
  • Miscellaneous Master Gas Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 600.00
  • Expenses Maintenance Supplies: 250.00
  • Expenses Taxes Assessments: 1019.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.15
  • Lot Dimensions: 50 x 115
  • Lot Size Price Sq Ft: 16.76
  • Lot Sq Ft: 6534.00
  • Lot Sz Sold Prc Sq Ft: 16.07
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1948

Tax Info

  • Tax Code: 120-06-0750
  • Taxes: 1019.01
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Fernandez Ricardo
Bought by
Fernandez Ricardo
Current Estimated Value
$272,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$92,346
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$180,555

Purchase Details

Listed on
Dec 10, 2014
Closed on
Feb 4, 2015
Sold by
Udder Success Llc
Bought by
Fernandez Ricardo
Seller's Agent
Thomas Russo
Tierra Antigua Realty
Buyer's Agent
Jasmin Vaught
Riviera Investments
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$73,500
Interest Rate
3.76%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 27, 2012
Closed on
Jan 24, 2012
Sold by
Deep Canyon Llc
Bought by
Udder Success Llc
Seller's Agent
Gus Maughan
Cardinal Real Properties LLC
Buyer's Agent
Gus Maughan
Holladay Property Services
List Price
$87,000
Sold Price
$87,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Jun 1, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Deep Canyon Llc

Purchase Details

Closed on
Mar 24, 2009
Sold by
Calderon Nelson R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 30, 2006
Sold by
Villa Maria Del Rosario
Bought by
Calderon Nelson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2006
Sold by
Calderon Maria L
Bought by
Calderon Nelson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2001
Sold by
Herrera Jose C and Herrera Gloria A
Bought by
Villa Maria Del Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 1996
Sold by
Ohagin Dee
Bought by
Herrera Jose C and Herrera Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandez Ricardo -- Title Security Agency Llc
Fernandez Ricardo $105,000 Fidelity Natl Title Agency
Fernandez Ricardo $105,000 Fidelity Natl Title Agency
Udder Success Llc $77,000 Tfnti
Udder Success Llc $77,000 Tfnti
Deep Canyon Llc $55,500 Guaranty Title Agency
Deutsche Bank National Trust Company $74,925 Tfnti
Deutsche Bank National Trust Company $74,925 Tfnti
Calderon Nelson R $160,000 Stewart Title
Calderon Nelson R -- Tstti
Villa Maria Del Rosario $80,000 --
Herrera Jose C -- --
Ohagin Dee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Ricardo $105,000
Closed Fernandez Ricardo $73,500
Previous Owner Calderon Nelson R $136,000
Previous Owner Villa Maria Del Rosario $64,000
Previous Owner Herrera Jose C $46,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2015 02/06/15 Sold $105,000 0.0% $54 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $105,000 +20.7% $54 / Sq Ft
01/27/2012 01/27/12 Sold $87,000 0.0% $45 / Sq Ft View Prior Sale
01/27/2012 01/27/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $87,000 -- $45 / 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 $1,282 $9,691 -- --
2024 $1,230 $9,229 -- --
2023 $1,166 $8,790 $0 $0
2022 $1,166 $8,371 $0 $0
2021 $1,159 $7,593 $0 $0
2020 $1,124 $15,114 $0 $0
2019 $1,109 $10,835 $0 $0
2018 $1,085 $6,559 $0 $0
2017 $1,079 $6,559 $0 $0
2016 $1,069 $6,247 $0 $0
2015 $1,009 $5,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Russo

    Tierra Antigua Realty

  • D

    Seller Co-Listing Agent in 2015

    Darla Johnson

    Tierra Antigua Realty

  • J

    Buyer's Agent in 2015

    Jasmin Vaught

    Riviera Investments

  • G

    Seller's Agent in 2012

    Gus Maughan

    Cardinal Real Properties LLC

  • J

    Seller Co-Listing Agent in 2012

    Jill Wheatley

    Cardinal Real Properties LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21433796

MLS of Southern Arizona

APN: 120-06-0750

Arizona Pima County Tucson 85714 Fairgrounds

3908 S 5th Ave, Tucson, AZ

Not Listed for Sale

MultiFamily

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