NOT LISTED FOR SALE

4408 E Lee St Tucson, AZ 85712

Midtown Tucson Neighborhood

Estimated Value: $324,811 - $403,000

Studio
-- Bath
3,584 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2015

Last sale price $160,000 $45 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,270 / mo

114 Days on Market

About This Home

As of April 2015

Great opportunity for investors. Two 2-bedroom/1-bath duplexes. Property also includes pool and pool house with bathroom and storage. Very well maintained units in a great central neighborhood. Property to be sold with Parcel #122-12-229E. See MLS# 21434930

Last Agent to Sell the Property

Matthew Bollinger

Long Realty Listed on: 12/30/2014

Last Buyer's Agent

Craig Thompson

La Corona de Tucson Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 1959

Lot Details

  • 13,939 Sq Ft Lot

Home Design

  • 3,584 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • $2,727 special tax assessment

Community Details

Overview

  • Speedway Addition Subdivision

Building Details

  • Insurance Expense $650
  • Maintenance Expense $600
  • Professional Management Expense $2,484
  • Water Sewer Expense $2,400
  • Gross Income $24,840
  • Net Operating Income $14,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,727

Year Built

Built in 1959

Lot Details

0.32 Acres

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Quadruplex
  • Legal Description: From parcel: 12212229A Speedway N135' Lot 6 EXC W49.80' & W31.38' N135' Lot 5. Blk 1.
  • List Price per Sq Ft: 52.32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3584.00

Exterior Features

  • Construction: Brick

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
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 600.00
  • Expenses Other Expenses: 1050.00
  • Expenses Taxes Assessments: 2727.00

Lot Info

  • Lot Acres: 0.32
  • Lot Dimensions: unknown
  • Lot Size Price Sq Ft: 13.45
  • Lot Sq Ft: 13939.00
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 1959

Tax Info

  • Tax Code: 122-12-229D
  • Taxes: 2727.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2014
Closed on
Mar 23, 2015
Sold by
Childress Jo Ann J
Bought by
Brown Gary R
Seller's Agent
Matthew Bollinger
Long Realty
Buyer's Agent
Craig Thompson
La Corona de Tucson Realty
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$370,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,604
Avg. Annual Appreciation
7.90%
Original Mortgage
$112,000
Outstanding Balance
$85,158
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$285,446
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Brown Gary R $160,000 Catalina Title Agency
Brown Gary R $160,000 Catalina Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Brown Gary R $112,000
Closed Brown Gary R $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $160,000 0.0% $45 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $160,000 -- $45 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,514 $27,893 -- --
2025 $3,514 $26,565 -- --
2024 $3,178 $25,300 -- --
2023 $3,178 $24,095 -- --
2022 $3,196 $22,948 $0 $0
2021 $3,178 $20,814 $0 $0
2020 $3,081 $23,619 $0 $0
2019 $3,040 $23,808 $0 $0
2018 $2,974 $17,980 $0 $0
2017 $2,957 $17,980 $0 $0
2016 $2,895 $17,124 $0 $0
2015 $2,244 $16,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Matthew Bollinger

    Long Realty

  • C

    Buyer's Agent in 2015

    Craig Thompson

    La Corona de Tucson Realty

  • t

    Buyer's Agent in 2015

    tar.rets.15650

    tar.rets.RETS_OFFICE

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Map

Source: MLS of Southern Arizona

MLS Number: 21434931

MLS of Southern Arizona

APN: 122-12-229D

Arizona Pima County Tucson 85712 Midtown Tucson

4408 E Lee St, Tucson, AZ

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 2026 MLS of Southern Arizona. All Rights Reserved.

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