NOT LISTED FOR SALE

5121 E 29th St Tucson, AZ 85711

Myers Neighborhood
-- Bed
-- Bath
83,348 Sq Ft
4.37 Acres

Last Sold September 27, 2017

Last sale price $5,765,000 $69 Per Sq Ft

115 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Breakfast Area or Nook
  • 4.37 Acre Lot
  • Community Pool
  • Bathtub with Shower

About This Home

As of September 2017

This includes two properties Rosemont Gardens 5121 E 29th and Casa de Oro 5271 E 29th. These operate at a constant 90% plus occupancy. Rosemont Gardens is security fenced. Community amenities include Pool, Spa, Playground, BBQ, Basketball Ct, and laundry room. 2-tax codes 131-03-22A and B.

Last Agent to Sell the Property

Tony Reed

Long Realty Company Listed on: 03/17/2017

Last Buyer's Agent

Christopher Itule

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $58,845

Year Built

  • Built in 1978

Lot Details

  • 4.37 Acre Lot
  • Property fronts an alley
  • Chain Link Fence
  • Back Yard

Home Design

  • Frame With Stucco
  • Membrane Roofing

Interior Spaces

  • 83,348 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Carpet
  • Mountain Views
  • Fire and Smoke Detector
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Courtyard
  • Patio
  • Outdoor Grill

Location

  • Ground Level

Schools

  • Myers/Ganoung Elementary School
  • Rincon High School

Utilities

  • Central Air
  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $58,845 special tax assessment

Community Details

Recreation

  • Community Pool

Building Details

  • Insurance Expense $30,400
  • Maintenance Expense $69,347
  • Professional Management Expense $116,784
  • Water Sewer Expense $169,349
  • Gross Income $937,360
  • Net Operating Income $476,815

Additional Features

  • Mayfair Terrace Subdivision
  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$58,845

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Style Other: Apt Complex
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: None
  • Legal Description: Mayfair Terrace NO 2E313.83' M/L W839.55' Lot A &
  • Attached Detached: Detached
  • List Price per Sq Ft: 71.99
  • Miscellaneous Package Available: Yes
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent One Bedroom: 450.00
  • Unit Info Average Monthly Rent Two Bedroom: 550.00
  • Unit Info Number Of Units1 B R: 104
  • Unit Info Number Of Units2 B R: 48
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Smoke Detector
  • Floor Covering Other: laminate
  • Window Coverings: Some
  • Floor Covering: Carpet
  • Gross Sq Ft: 83348.00
  • Bathroom Features: Shower & Tub/Hall
  • Breakfast: None
  • Dining Areas: Breakfast Nook
  • Dining Room: None
  • Living Areas: None
  • Laundry: Facility
  • Extra Room: None
  • Kitchen Features: Double Sink

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: Chain Link
  • Landscape Front: Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: Community
  • Road Maintenance: City
  • Roof: Membrane
  • Spa: None
  • View: Mountain(s)
  • Exterior Feature: BBQ, Courtyard

Garage/Parking

  • Driveway: None

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: None
  • Gas Company: None
  • Main Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Association Amenities: None
  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Gated Community

Fee Information

  • Expenses Admin Expenses: 10400.00
  • Expenses Contract Services: 5086.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 69347.00
  • Expenses Other Expenses: 334.00
  • Expenses Taxes Assessments: 58845.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 4.37
  • Lot Dimensions: irregular
  • Lot Features: Adjacent to Alley
  • Lot Size Price Sq Ft: 31.52
  • Lot Sq Ft: 190356.00
  • Lot Sz Sold Prc Sq Ft: 30.29
  • Municipality Zoning: Tucson - 03
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1978

Rental Info

  • Utilities Paid Cable TV: Tenant
  • Utilities Paid Electric: Tenant
  • Utilities Paid Gas: Tenant
  • Utilities Paid Insurance: Owner
  • Utilities Paid Landscaping: Owner
  • Utilities Paid Pool Spa Maintenance: Owner
  • Utilities Paid Sewer: Owner
  • Utilities Paid Taxes: Owner
  • Utilities Paid Trash: Owner
  • Utilities Paid Water: Tenant

Tax Info

  • Tax Code: 131-03-222A
  • Taxes: 58845.00
  • Tax Year: 2016
  • Taxes For: Dwelling & Land

MLS Schools

  • Elementary School: Myers/Ganoung
  • High School: Rincon
  • School District: TUSD

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $5,765,000 0.0% $69 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $5,765,000 -- $69 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tony Reed

    Long Realty Company

  • C

    Buyer's Agent in 2017

    Christopher Itule

    Long Realty Company

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21707431

MLS of Southern Arizona
Arizona Pima County Tucson 85711 Myers

5121 E 29th St, Tucson, AZ

Not Listed for Sale

MultiFamily

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