NOT LISTED FOR SALE

638 E Lester St Tucson, AZ 85705

Jefferson Park Neighborhood

Estimated Value: $862,000 - $2,533,690

Studio
-- Bath
9,072 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2017

Last sale price $1,400,000 $154 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,008 / mo

19 Days on Market

About This Home

As of May 2017

Beautiful 6 Plex with 4 bedroom and 3 bedroom units. Built in 2008, well maintained. 5 blocks from UofA, fully leased through 7/28/2018. One of the owners is a licensed real estate broker in AZ.

Last Agent to Sell the Property

Jarrett Reidhead

Tucson Integrity Realty, LLC Listed on: 05/01/2017

Last Buyer's Agent

Jarrett Reidhead

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 2008

Lot Details

  • 0.41

Home Design

  • 9,072 Sq Ft Home
  • Frame With Stucco

Additional Features

  • 17,860 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $7,394 special tax assessment

Community Details

Overview

  • Tucson Heights Amended Subdivision

Building Details

  • Insurance Expense $2,016
  • Maintenance Expense $7,000
  • Professional Management Expense $17,160
  • Water Sewer Expense $5,312
  • Gross Income $171,600
  • Net Operating Income $129,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,374

Year Built

Built in 2008

Lot Details

0.41 Acres

Listing Details

  • Property Type: Multi Family
  • Legal Description: TUCSON HEIGHTS AMENDED LOTS 1 & 2 BLK 24
  • List Price per Sq Ft: 159.83
  • Unit Info Average Monthly Rent Three Bedroom: 1950.00
  • Unit Info Avg Mo Rent Other: 2600.00
  • Unit Info Number Of Units3 B R: 2
  • Unit Info Number Of Units Other: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 9072.00
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco

Utilities

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

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 365.00
  • Expenses Capital Expenses: 3000.00
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 7000.00
  • Expenses Other Expenses: 250.00
  • Expenses Taxes Assessments: 7394.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.41
  • Lot Dimensions: Unknown
  • Lot Size Price Sq Ft: 81.19
  • Lot Sq Ft: 17860.00
  • Lot Sz Sold Prc Sq Ft: 78.39
  • Municipality Zoning: Tucson - R2

Building Info

  • Year Built: 2008

Tax Info

  • Tax Code: 115-02-141D
  • Taxes: 7374.00
  • Tax Year: 2016

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Bought by
Current Estimated Value
$1,572,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$462,071
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$1,110,159

Purchase Details

Listed on
May 1, 2017
Closed on
May 3, 2017
Sold by
Bought by
Seller's Agent
Jarrett Reidhead
Tucson Integrity Realty, LLC
Buyer's Agent
Jarrett Reidhead
Long Realty
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$910,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,050
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,754
Interest Rate
8.8%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$1,560,000 Title Security Agency Llc
$1,400,000 Title Security Agency Llc
$1,400,000 Title Security Agency Llc
$900,000 Title Security Agency Llc
$900,000 Title Security Agency Llc
-- Ttise
-- Ttise
$110,000 --
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 $990,000
Previous Owner $910,000
Previous Owner $675,000
Previous Owner $766,050
Previous Owner $67,754
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $1,400,000 0.0% $154 / Sq Ft
05/01/2017 05/01/17 For Sale $1,400,000 -- $154 / Sq Ft
Source: MLS of Southern Arizona

Tax 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.

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 $7,966 $63,235 -- --
2025 $7,966 $60,223 -- --
2024 $7,204 $57,356 -- --
2023 $7,204 $54,624 -- --
2022 $7,246 $52,023 $0 $0
2021 $7,204 $47,187 $0 $0
2020 $6,985 $52,617 $0 $0
2019 $6,893 $68,868 $0 $0
2018 $6,742 $43,710 $0 $0
2017 $7,189 $43,710 $0 $0
2016 $7,374 $43,900 $0 $0
2015 $7,124 $41,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jarrett Reidhead

    Tucson Integrity Realty, LLC

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21713753

MLS of Southern Arizona

APN: 115-02-141D

Arizona Pima County Tucson 85705 Jefferson Park

638 E Lester 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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