NOT LISTED FOR SALE

5416 E Lee St Tucson, AZ 85712

Avondale Neighborhood
2 Beds
1 Bath
9,012 Sq Ft
0.83 Acres

Last Sold March 09, 2018

Last sale price $580,000 $64 Per Sq Ft

8 Days on Market

Highlights

  • 0.83 Acre Lot
  • Zoned Heating and Cooling System
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of March 2018

12 units, fully rented apartments. There are ten 2 bedroom and two 1 bedroom apartments, tenants are on yearly leases and have been renting for over 8 years. There are some remodeled apartments with new tile and new paint. These apartments are a one story building with a great location. Won't last long!!

Last Agent to Sell the Property

Jared English

Congress Realty Listed on: 02/06/2018

Last Buyer's Agent

Sheila Myers-Moore

Westar Real Estate Services, L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 1963

Lot Details

  • 0.83 Acre Lot
  • Lot includes common area

Home Design

  • Masonry

Interior Spaces

  • 9,012 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Parking

  • 16 Parking Spaces
  • No Driveway

Location

  • Ground Level

Schools

  • Whitmore Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • $2,724 special tax assessment

Community Details

Overview

  • Avondale Subdivision

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $4,168
  • Maintenance Expense $6,000
  • Professional Management Expense $5,427
  • Water Sewer Expense $1,326
  • Gross Income $92,240
  • Net Operating Income $68,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,944

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Style Other: Buyer Verify
  • Technology: Cable TV
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /Avondale Lot 7 Blk 9
  • Attached Detached: Attached
  • List Price per Sq Ft: 69.35
  • Subdivision Restrict C C And Rs: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering Other: Buyer Verify
  • Window Covering Other: Buyer Verify
  • Gross Sq Ft: 9012.00
  • Bathroom Features: None
  • Breakfast Other: Buyer Verify
  • Dining Areas: Eat-In Kitchen
  • Dining Room Other: Buyer Verify
  • Kitchen Features Countertops: Buyer verify
  • Laundry Other: Buyer Verify
  • Living Areas Other: Buyer Verify
  • Extra Room: None
  • Interior Steps: No

Exterior Features

  • Construction: Masonry Stucco
  • Construction Status: Existing
  • F E M A Flood Zone: No
  • Fence: None
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Road Maintenance: City
  • Roof Other: Buyer Verify
  • Spa: None
  • View: None
  • Exterior Feature: None

Garage/Parking

  • Driveway: None
  • Total Parking: 16

Utilities

  • Water: City Water
  • Electric Electric Company: Buyer verify
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Electric, Zoned
  • Security: None
  • Sewer: Connected
  • Water Heater None: Buyer Verify

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

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

Fee Information

  • Expenses Contract Services: 2400.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 2000.00
  • Expenses Maintenance Supplies: 6000.00
  • Expenses Taxes Assessments: 2724.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.83
  • Lot Dimensions: Unknown
  • Lot Features: Borders Common Area
  • Lot Size Price Sq Ft: 17.29
  • Lot Sq Ft: 36155.00
  • Lot Sz Sold Prc Sq Ft: 16.04
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1963

Rental Info

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

Tax Info

  • Tax Code: 121-12-2430
  • Taxes: 5943.59
  • Tax Year: 2017
  • Taxes For: Dwelling & Land

MLS Schools

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

Range of Values:

--
Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2018 03/09/18 Sold $580,000 0.0% $64 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $580,000 +13.7% $64 / Sq Ft
05/28/2014 05/28/14 Sold $510,000 0.0% $57 / Sq Ft View Prior Sale
04/28/2014 04/28/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $510,000 -- $57 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jared English

    Congress Realty

    (888) 881-4118

    4,005 Total Sales

    Jared English
    Section Image

  • S

    Buyer's Agent in 2018

    Sheila Myers-Moore

    Westar Real Estate Services, L

  • t

    Buyer's Agent in 2018

    tar.rets.31146

    tar.rets.RETS_OFFICE

  • K

    Seller's Agent in 2014

    Kyle Mokhtarian

    Realty Executives Arizona Territory

  • M

    Seller Co-Listing Agent in 2014

    Matthew Skidmore

    Realty Executives Arizona Territory

  • t

    Buyer's Agent in 2014

    tar.rets.17381

    tar.rets.RETS_OFFICE

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21803701

MLS of Southern Arizona
Arizona Pima County Tucson 85712 Avondale

5416 E Lee St, Tucson, AZ

Not Listed for Sale

MultiFamily

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