NOT LISTED FOR SALE

4538 E Lester St Tucson, AZ 85712

Midtown Tucson Neighborhood

Estimated Value: $388,000 - $396,000

5 Beds
3 Baths
1,960 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $296,000 $151 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,280/month

55 Days on Market

Highlights

  • RV Parking in Community
  • Contemporary Architecture
  • Eat-In Kitchen
  • Mountain View
  • Great Room
  • Bathtub with Shower

About This Home

As of March 2021

Great pride of ownership. Please do not disturb tenants. What a fantastic opportunity in this well maintained income property. Two detached homes with plenty of privacy. The front house was built with character in 1947 and the back house was built in 1985 . Long term leases. Each unit has assigned one carport space. Both individually metered for gas, electric and water. Freshly painted outside of both houses and interior of back unit. Carpets replace in front unit in 2017 and in 2019 in the back unit. Both roofs are in great shape. Back unit has a new water heater (2019) and a 3 ton a/c in 2015. Many more upgrade to mention here, over $15,500. Front house was built in 1947 and rear house built in 1985.

Last Agent to Sell the Property

Dustin Allred

Realty Executives Arizona Territory Listed on: 01/26/2021

Realty Executives Arizona Territory

Co-Listed By

Cindy Allred

Realty Executives Arizona Territory

Last Buyer's Agent

Armando Tavares

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,188

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 53x181x51x166
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Santa Fe Architecture
  • Frame With Stucco
  • Shingle Roof
  • Built-Up Roof
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 1,960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Shed

Schools

  • Wright Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,187 special tax assessment

Community Details

Overview

  • Pima Addition Subdivision
  • The community has rules related to deed restrictions
  • RV Parking in Community

Building Details

  • Insurance Expense $800
  • Maintenance Expense $600
  • Professional Management Expense $2,490
  • Gross Income $24,900
  • Net Operating Income $18,823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,188

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary, Santa Fe
  • Technology: Pre-Wired Tele Lines
  • Accessibility Options: None
  • Legal Description: Pima W2 Lot 11 Blk 3
  • Attached Detached: Detached
  • List Price per Sq Ft: 150.51
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 975.00
  • Unit Info Average Monthly Rent Three Bedroom: 1100.00
  • 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

  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Storage
  • Window Coverings: Some
  • Floor Covering: Carpet, Ceramic Tile
  • Gross Sq Ft: 1960.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary, Shower Only/Primary
  • Breakfast: None
  • Dining Areas: Dining in LR/GR, Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Great Room, Living Room
  • Laundry: Dryer Included, In Bathroom, Laundry Room, Washer Included
  • Extra Room: Storage
  • Kitchen Features: Dishwasher, Gas Range

Exterior Features

  • Construction: Frame - Stucco, Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link, Wood
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up - Reflect, Shingle
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: Shed

Garage/Parking

  • Driveway: To Property Line
  • Rv Parking: Space Available
  • Total Parking: 4

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: TEPCO
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air, Natural Gas
  • Security: Window Bars
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: Yes
  • Neighborhood Features: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 600.00
  • Expenses Taxes Assessments: 2187.00

Schools

  • School District: TUSD
  • Elementary School: Wright
  • Middle School: Doolen
  • High School: Catalina

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.20
  • Lot Dimensions: 53X181X51X166
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 33.86
  • Lot Sq Ft: 8712.00
  • Lot Sz Sold Prc Sq Ft: 33.98
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1985

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Tenant
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 122-04-0330
  • Taxes: 2187.78
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Doolen
  • Elementary School: Wright
  • High School: Catalina
  • School District: TUSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 2, 2021
Sold by
Cosecha Lzx Llc
Bought by
Martinez Arturo Salazar and Martinez Mayra
Seller's Agent
Dustin Allred
Realty Executives Arizona Territory
Buyer's Agent
Armando Tavares
eXp Realty
List Price
$296,000
Sold Price
$296,000
Current Estimated Value
$392,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,187
Avg. Annual Appreciation
6.42%
Original Mortgage
$222,000
Outstanding Balance
$173,720
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$218,467

Purchase Details

Closed on
Dec 2, 2019
Sold by
Cosecha Llc
Bought by
Cosecha Lzx Llc

Purchase Details

Closed on
Nov 6, 2006
Sold by
Loizeaux Scot H
Bought by
Cosecha Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Brians Mark A and Brians Jennifer L
Bought by
Loizeaux Scot H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,400
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Gastelum Martin C
Bought by
Brians Mark A and Brians Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,400
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Brians Mark and Brians Jennifer L
Bought by
Gastelum Martin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,550
Interest Rate
7.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 1998
Sold by
Kolosick J Timothy and Kolosick Helga J
Bought by
Brians Mark and Brians Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.9%

Purchase Details

Closed on
Sep 5, 1996
Sold by
Bramley Cristina A
Bought by
Brians Mark and Brians Jennifer L
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Martinez Arturo Salazar $296,000 Signature Ttl Agcy Of Az Llc
Martinez Arturo Salazar -- Signature Title Agency
Cosecha Lzx Llc -- None Available
Cosecha Llc $181,000 None Available
Loizeaux Scot H $181,800 Title Security
Loizeaux Scot H $181,800 Title Security
Brians Mark A $168,000 --
Gastelum Martin C $163,000 --
Brians Mark $125,000 --
Brians Mark $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Arturo Salazar $222,000
Previous Owner Loizeaux Scot H $145,400
Previous Owner Gastelum Martin C $138,550
Previous Owner Brians Mark $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $296,000 0.0% $151 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $296,000 -- $151 / 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 $2,408 $21,552 -- --
2024 $2,408 $20,525 -- --
2023 $2,270 $19,548 $0 $0
2022 $2,270 $16,295 $0 $0
2021 $2,256 $14,780 $0 $0
2020 $2,188 $14,780 $0 $0
2019 $2,159 $17,337 $0 $0
2018 $2,112 $12,768 $0 $0
2017 $2,100 $12,768 $0 $0
2016 $1,965 $12,160 $0 $0
2015 $1,965 $11,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dustin Allred

    Realty Executives Arizona Territory

    (520) 241-4548

    2 in this area

    43 Total Sales

    Dustin Allred
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cindy Allred

    Realty Executives Arizona Territory

    (520) 241-4548

    1 in this area

    59 Total Sales

    Cindy Allred
    Section Image

  • A

    Buyer's Agent in 2021

    Armando Tavares

    eXp Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22102131

MLS of Southern Arizona

APN: 122-04-0330

Arizona Pima County Tucson 85712 Midtown Tucson

4538 E Lester St, Tucson, AZ

This home is located at 4538 E Lester St, Tucson, AZ 85712 since 26 January 2021 and is currently estimated at $392,187, approximately $200 per square foot. This property was built in 1985. 4538 E Lester St is a home located in Pima County with nearby schools including John B Wright Elementary School, Doolen Middle School, and Catalina High School.

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.

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