NOT LISTED FOR SALE

502 S 5th Ave Tucson, AZ 85701

Armory Park Neighborhood
2 Beds
2 Baths
3,122 Sq Ft
9,240 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $390,000 $125 Per Sq Ft

16 Days on Market

Highlights

  • City View
  • Southwestern Architecture
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of August 2018

Two Story Brick and Mixed Materials Situated in Armory Park on the SW Corner of S 5th Avenue and 15 Street. Great location, close to downtown and desirable lifestyle. Total of 7 units with 5 studios and 2 one bedrooms. There is even space in the back for gated, secured parking if desired or the potential redevelopment of complex. The structure is over 100 years old so experienced buyers with vision are very well suited for this property.

Last Agent to Sell the Property

Cyrus Moore

Skyline Realty & Investments LLC Listed on: 08/15/2018

Last Buyer's Agent

Non- Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1913

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 50x184
  • Property fronts an alley
  • Wrought Iron Fence
  • Desert Landscape

Home Design

  • Quadruplex
  • Southwestern Architecture
  • Bungalow
  • Brick Exterior Construction
  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • Separate Shower
  • 3,122 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Vinyl

Parking

  • 7 Parking Spaces
  • No Driveway

Location

  • Ground Level
  • Upper Level

Schools

  • Holladay Elementary School
  • Maxwell K-8 Middle School
  • Tucson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • $3,464 special tax assessment

Community Details

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $3,200
  • Water Sewer Expense $3,690
  • Gross Income $42,799
  • Net Operating Income $30,945

Additional Features

  • The community has rules related to deed restrictions
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,464

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Style: Bungalow, Southwestern
  • Technology: Cable TV, High Speed Internet
  • Accessibility Options: None
  • Legal Description: TUCSON N50' LOT 1 BLK 110
  • Attached Detached: Attached
  • List Price per Sq Ft: 134.50
  • Subdivision Restrict C C And Rs: Yes
  • Unit Info Average Monthly Rent One Bedroom: 600.00
  • Unit Info Avg Mo Rent Other: 495.00
  • Unit Info Average Monthly Rent Studios: 495.00
  • Unit Info Number Of Units1 B R: 2
  • Unit Info Number Of Units Other: 1
  • Unit Info Number Of Units Studios: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Window Coverings: Stay
  • Floor Covering: Vinyl, Wood
  • Gross Sq Ft: 3122.00
  • Bathroom Features: Separate Shower(s)
  • Breakfast: Eat-In, None
  • Dining Areas: Eat-In Kitchen
  • Dining Room: None
  • Living Areas: Living Room, None
  • Laundry: None
  • Extra Room: None
  • Kitchen Features: Gas Range

Exterior Features

  • Construction: Brick, Concrete Block, Frame
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Wrought Iron
  • Landscape Front: Natural Desert
  • Landscape Rear: Natural Desert, None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof: Built-Up
  • Spa: None
  • View: City
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • R V Parking Other: unknown
  • Total Parking: 7

Utilities

  • Water: City Water
  • Water Heater: Natural Gas
  • Electric Electric Company: tep
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Admin Expenses: 300.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 3200.00
  • Expenses Taxes Assessments: 3464.00

Schools

  • School District: TUSD
  • Elementary School: Holladay
  • Middle School: Maxwell K-8
  • High School: Tucson

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.21
  • Lot Dimensions: 50x184
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 45.44
  • Lot Sq Ft: 9240.00
  • Lot Sz Sold Prc Sq Ft: 42.21
  • Municipality Zoning: Tucson - HR2
  • Municipal Flood Zone: TBD

Building Info

  • Year Built: 1913

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: Owner
  • Utilities Paid Water: Owner

Tax Info

  • Tax Code: 117-07-0500
  • Taxes: 3464.00
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Middle School: Maxwell K-8
  • Elementary School: Holladay
  • High School: Tucson
  • School District: TUSD

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $390,000 0.0% $125 / Sq Ft
08/15/2018 08/15/18 For Sale $390,000 -- $125 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cyrus Moore

    Skyline Realty & Investments LLC

    (520) 861-5700

    14 Total Sales

    Cyrus Moore
    Section Image

  • N

    Buyer's Agent in 2018

    Non- Member

    Non-Member Office

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21822275

MLS of Southern Arizona
Arizona Pima County Tucson 85701 Armory Park

502 S 5th Ave, Tucson, AZ

This home is located at 502 S 5th Ave, Tucson, AZ 85701 since 15 August 2018. This property was built in 1913. 502 S 5th Ave is a home located in Pima County with nearby schools including Tucson High Magnet School, Paulo Freire Freedom School - Downtown, and City 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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