NOT LISTED FOR SALE

725 E Lester St Tucson, AZ 85719

Jefferson Park Neighborhood

Estimated Value: $376,388 - $468,000

4 Beds
4 Baths
1,678 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $305,000 $182 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,369/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • Bathtub with Shower
  • Vaulted Ceiling
  • Double Pane Windows
  • Patio

About This Home

As of January 2021

Fantastic investment opportunity near the UA! This 2 bedroom, 2 bath duplex is well maintained with no vacancy history to speak of. High ceilings with ceiling fans and gorgeous concrete floors for ease in maintenance. New heat pumps installed on both units in late 2020. Exterior painted in 2018. Parking lot (plenty of spaces) resealed in 2017. Perimeter fencing installed in 2018. Replumbed in 2011 and roof replaced in 2013. A rare find.... each unit has it's own laundry, parking and private outdoor living spaces. Ideally located close to UA, UMC, downtown, shopping, on a transit route, & services of all types. This one is a no brainer. It's all done for you with lots of recent upgrades. Don't let this investment opportunity pass you by!

Last Agent to Sell the Property

Nicole Brule-Fisher

RE/MAX Select Listed on: 01/12/2021

Co-Listed By

Israel Vargas

RE/MAX Select

Last Buyer's Agent

Kristie Babbitt

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1996

Lot Details

  • 6,136 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Dining Room
  • Storage
  • Concrete Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Driveway

Schools

  • Blenman Elementary School
  • Doolen Middle School
  • Catalina High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • North or South Exposure
  • Patio
  • Ground Level

Listing and Financial Details

  • $2,108 special tax assessment

Community Details

Overview

  • Biltmore Resub Subdivision

Building Details

  • Insurance Expense $800
  • Water Sewer Expense $1,700
  • Gross Income $22,800
  • Net Operating Income $18,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,108

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 2 Plex
  • Style: Contemporary
  • Technology: Cable TV, High Speed Internet, Telephone
  • Accessibility Options: Level
  • Legal Description: BILTMORE RESUB W35' OF LOT 11 & E9' OFLOT 10 BLK 9
  • Attached Detached: Attached
  • List Price per Sq Ft: 181.76
  • Subdivision Restrict C C And Rs: No
  • Unit Info Average Monthly Rent Two Bedroom: 900.00
  • Unit Info Number Of Units2 B R: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows, Smoke Detector, Storage, Vaulted Ceilings
  • Window Coverings: Stay
  • Floor Covering: Concrete
  • Gross Sq Ft: 1678.00
  • Bathroom Features: Shower & Tub/Hall, Shower & Tub/Primary
  • Breakfast: Area
  • Dining Areas: Breakfast Nook
  • Dining Room: Area
  • Kitchen Features Appliance Color: White
  • Kitchen Features Pantry: Cabinet
  • Living Areas: Family Room
  • Laundry: Dryer Included, Laundry Closet, Washer Included
  • Extra Room: None
  • Kitchen Features: Breakfast Nook, Dishwasher, Double Sink, Electric Range, Refrigerator

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • Driveway Paved: Asphalt
  • F E M A Flood Zone: No
  • Fence: Wood, Wrought Iron
  • Landscape Front: Decorative Gravel, Low Care
  • Landscape Rear: Low Care
  • Patio Deck: Patio
  • Pool: None
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: Residential
  • Exterior Feature: None

Garage/Parking

  • R V Parking Other: None.
  • Total Parking: 7

Utilities

  • Water: City Water
  • Water Heater: Electric
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: None
  • Main Cooling: Central Air, Heat Pump
  • Main Heating: Heat Pump
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No
  • Neighborhood Features: Paved Street

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2108.20

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.14
  • Lot Dimensions: irr
  • Lot Features: North/South Exposure
  • Lot Size Price Sq Ft: 49.71
  • Lot Sq Ft: 6136.00
  • Lot Sz Sold Prc Sq Ft: 49.71
  • Municipality Zoning: Tucson - C1
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1996

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: 123-14-129A
  • Taxes: 2108.20
  • Tax Year: 2020
  • Taxes For: Dwelling & Land

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jan 27, 2021
Sold by
Williams Geoffrey A and Williams Valerie A
Bought by
Russell David Brian and Russell Carla Tsang
Seller's Agent
Nicole Brule-Fisher
RE/MAX Select
Buyer's Agent
Kristie Babbitt
Coldwell Banker Realty
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$413,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,847
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
May 4, 2006
Sold by
Koch Norbert T
Bought by
Williams Geoffrey A and Williams Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Quatrovest Inc
Bought by
Koch Norbert T
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
Russell David Brian $305,000 Title Security Agency Llc
Williams Geoffrey A $274,000 Tfnti
Williams Geoffrey A $274,000 Tfnti
Koch Norbert T $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Geoffrey A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $305,000 0.0% $182 / Sq Ft
01/12/2021 01/12/21 For Sale $305,000 -- $182 / 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 $2,307 $18,177 -- --
2024 $2,307 $17,312 -- --
2023 $2,187 $16,487 $0 $0
2022 $2,187 $15,702 $0 $0
2021 $2,174 $14,242 $0 $0
2020 $2,108 $16,124 $0 $0
2019 $2,080 $16,108 $0 $0
2018 $2,035 $12,303 $0 $0
2017 $2,023 $12,303 $0 $0
2016 $1,973 $11,717 $0 $0
2015 $1,913 $11,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Brule-Fisher

    RE/MAX

  • I

    Seller Co-Listing Agent in 2021

    Israel Vargas

    RE/MAX

  • Kristie Babbitt

    Buyer's Agent in 2021

    Kristie Babbitt

    Coldwell Banker Realty

    (480) 438-7651

    1 in this area

    33 Total Sales

    Kristie Babbitt
    Section Image

  • t

    Buyer's Agent in 2021

    tar.rets.52095

    tar.rets.RETS_OFFICE

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Map

Source: MLS of Southern Arizona

MLS Number: 22100945

MLS of Southern Arizona

APN: 123-14-129A

Arizona Pima County Tucson 85719 Jefferson Park

725 E Lester St, Tucson, AZ

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