NOT LISTED FOR SALE

4201 E Lee St Tucson, AZ 85712

Midtown Tucson Neighborhood

Estimated Value: $238,000 - $305,000

Studio
2 Baths
1,480 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $112,000 $76 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,560/month

22 Days on Market

About This Home

As of March 2017

Corner property. 1 front unit 3BR, 2 BA. $900/month. Back unit 2BR 1BA $650/month with fireplace. Both rented. Tenants pay electric. There is no gas here. We can provide leases in writing. Net income is an estimate of $14,600 /year. This is a money maker. Does need a little TLC.Seller willing to negotiate.

Last Agent to Sell the Property

Erica Hoffman

Keller Williams Southern Arizona Listed on: 02/01/2017

Co-Listed By

Josh Conzemius

Keller Williams Southern Arizona

Last Buyer's Agent

Erica Hoffman Team

Keller Williams Southern Arizona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1976

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,480 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Evaporated cooling system
  • Floor Furnace

Listing and Financial Details

  • $1,603 special tax assessment

Community Details

Overview

  • Lee Bryant Subdivision

Building Details

  • Insurance Expense $950
  • Water Sewer Expense $1,800
  • Gross Income $18,600
  • Net Operating Income $14,247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,602

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Legal Description: LEE-BRYANT LOT 2
  • List Price per Sq Ft: 81.08
  • Unit Info Average Monthly Rent Two Bedroom: 650.00
  • Unit Info Average Monthly Rent Three Bedroom: 900.00
  • Unit Info Number Of Units2 B R: 1
  • Unit Info Number Of Units3 B R: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 1480.00

Exterior Features

  • Construction: Brick

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Floor Furnace
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 1603.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.12
  • Lot Dimensions: Irregular
  • Lot Size Price Sq Ft: 22.96
  • Lot Sq Ft: 5227.00
  • Lot Sz Sold Prc Sq Ft: 21.43
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1976

Tax Info

  • Tax Code: 122-13-2720
  • Taxes: 1602.34
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Feb 24, 2017
Sold by
Kimia Limited Company
Bought by
Wu Bin and Wu Suzhen Lu
Seller's Agent
Erica Hoffman
Keller Williams Southern Arizona
Buyer's Agent
Erica Hoffman Team
Keller Williams Southern Arizona
List Price
$112,000
Sold Price
$112,000
Current Estimated Value
$267,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,102
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Mayworn Steve S and Mayworn Ann K
Bought by
Kimia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
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
Wu Bin $112,000 Catalina Title Agency
Kimia Llc $93,000 First American Title
Mayworn Steve S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimia Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $112,000 0.0% $76 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $112,000 -- $76 / 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 $1,972 $14,908 -- --
2024 $1,892 $14,198 -- --
2023 $1,785 $13,522 $0 $0
2022 $1,794 $12,878 $0 $0
2021 $1,783 $11,681 $0 $0
2020 $1,729 $11,681 $0 $0
2019 $1,706 $12,657 $0 $0
2018 $1,669 $10,090 $0 $0
2017 $1,659 $10,090 $0 $0
2016 $1,602 $9,610 $0 $0
2015 $1,553 $9,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erica Hoffman

    Keller Williams Southern Arizona

  • J

    Seller Co-Listing Agent in 2017

    Josh Conzemius

    Keller Williams Southern Arizona

  • E

    Buyer's Agent in 2017

    Erica Hoffman Team

    Keller Williams Southern Arizona

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21703065

MLS of Southern Arizona

APN: 122-13-2720

Arizona Pima County Tucson 85712 Midtown Tucson

4201 E Lee St, Tucson, AZ

Not Listed for Sale

MultiFamily

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