NOT LISTED FOR SALE

823 E Lee St Tucson, AZ 85719

North University Neighborhood

Estimated Value: $340,000 - $405,000

4 Beds
2 Baths
1,446 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $230,000 $159 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,048/month

19 Days on Market

Highlights

  • Guest House
  • Living Room with Fireplace
  • Bonus Room
  • RV Parking in Community
  • Wood Flooring
  • Family Room Off Kitchen

About This Home

As of March 2021

Great Investment Opportunity by University of Arizona! Live in one, rent the other, or rent them both! Great rental income and lots of possibilities on this R2 lot! 3 bedroom /1 bath main house, 1 bed/1 bath guest house. Convenient location to bus routes, Banner Hospital, great restaurants, & more! Property has been successfully rented for years with low to no vacancy. Master water meter, separate gas & electric. Some new windows! AC on main house! Invest in this well sought out area in the hub of Tucson!

Last Agent to Sell the Property

Ashley Kimberlin

Realty Executives Arizona Territory License #SA561029000 Listed on: 02/10/2021

Realty Executives Arizona Territory

Last Buyer's Agent

Laura Baldwin

Ochoa Realty & Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49' x 152' x 48' x 152'
  • Property fronts an alley
  • South Facing Home
  • Wood Fence
  • Native Plants
  • Property is zoned Tucson - R2

Home Design

  • Bungalow
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Laundry Located Outside

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • No Garage
  • No Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Guest House

Community Details

  • University Home Addition Subdivision
  • RV Parking in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,687

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family Residence
  • Style: Bungalow
  • Technology: Cable TV, High Speed Internet, Satellite Dish
  • Accessibility Options: None
  • Legal Description: From Parcel:001010010 /University Home Lot 12 Blk 5
  • Building Stories: One
  • List Price per Sq Ft: 172.89
  • Exterior Features Front Faces: South
  • Income Property Current Use: Income Property
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dual Pane Windows
  • Fireplace: None
  • Fireplace Location: Living Room
  • Window Coverings: Some
  • Floor Covering: Vinyl, Wood
  • Bedrooms: 4
  • Master Bathroom Features: Shower Only
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Has Basement: No
  • Dining Areas: Dining Area
  • Kitchen Features Appliance Color: White
  • Living Areas: Living Room, Off Kitchen
  • Laundry: Outside
  • Extra Room: Bonus Room
  • Combined Sq Ft: 1446.00
  • Interior Steps YN: N
  • Kitchen Features: Dishwasher, Garbage Disposal, Gas Oven, Refrigerator
  • Main House Sq Ft: 921.00
  • Source Of Sq Ft: Assessor

Exterior Features

  • Construction: Frame - Stucco
  • Construction Status: Existing
  • ExteriorFeatures: Native Plants
  • F E M A Flood Zone: No
  • Fence: Wood
  • Guest Facilities: House
  • Guest House Sq Ft: 525.0000
  • Landscape Front: None
  • Landscape Rear: None
  • Patio Deck: None
  • Pool: None
  • Pool Conventional: No
  • Road Maintenance: City
  • Roof: Shingle
  • Spa: None
  • View: None

Garage/Parking

  • Driveway: None
  • Garage Carport Feat: None
  • Rv Parking: Space Available

Utilities

  • Water: City
  • Water Heater: Natural Gas
  • Electric Electric Company: TEP
  • Fire Protection: Included in Taxes
  • Gas Company: Natural
  • Main Cooling: Central Air
  • Main Heating: Forced Air, Natural Gas
  • Security: Wrought Iron Security Door
  • Sewer: Connected

Condo/Co-op/Association

  • HOA: No
  • Community: None
  • Neighborhood Feature: None

Association/Amenities

  • Senior Community: No
  • Deed Restrictions: No

Lot Info

  • Property Group ID: 19990816212109142258000000
  • Horse Facilities: No
  • Horse Property: No
  • Lot Acres: 0.17
  • Lot Dimensions: 49' x 152' x 48' x 152'
  • Lot Features: Adjacent to Alley, North/South Exposure
  • Lot Size Price Sq Ft: 33.76
  • Lot Sq Ft: 7405.00
  • Lot Sz Sold Prc Sq Ft: 31.06
  • Municipality Zoning: Tucson - R2
  • Municipal Flood Zone: No

Building Info

  • Year Built: 1957

Tax Info

  • Tax Code: 123-15-0500
  • Taxes: 1686.73
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Claassen Cole and Claassen Shawn
Bought by
Claassen Cole
Current Estimated Value
$361,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$196,269
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$164,948

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 3, 2021
Sold by
Rincon Investments Llc
Bought by
Claassen Cole and Claassen Shawn
Seller's Agent
Ashley Kimberlin
Realty Executives Arizona Territory
Buyer's Agent
Laura Baldwin
Ochoa Realty & Property Management
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Jan 22, 2018
Sold by
J And A Maintenance And Remodeling Llc
Bought by
Rincon Investments Llc

Purchase Details

Closed on
Jun 16, 2010
Sold by
Ballinger Gordon T
Bought by
J & A Maintenance & Remodelling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2005
Sold by
Ballinger Gordon T
Bought by
Ballinger Gordon T

Purchase Details

Closed on
Jan 6, 2004
Sold by
Wilt Jonathan D and Wilt Kristen R
Bought by
1615 N Tyndall Investments Llc

Purchase Details

Closed on
Feb 12, 1998
Sold by
Flores Land Development Services Ltd Par
Bought by
Sahuaro Land Mgmt Group Ltd Prtnrshp
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

Date Buyer Sale Price Title Company
Claassen Cole -- Magnus Title Agency Llc
Claassen Cole -- Fidelity National Title
Rincon Investments Llc $130,000 Fidelity National Title Agen
J & A Maintenance & Remodelling Llc $80,000 Tstti
Ballinger Gordon T -- --
1615 N Tyndall Investments Llc -- --
Sahuaro Land Mgmt Group Ltd Prtnrshp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claassen Cole $217,500
Previous Owner J & A Maintenance & Remodelling Llc $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $230,000 0.0% $159 / Sq Ft
02/10/2021 02/10/21 For Sale $230,000 -- $159 / 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 $1,924 $14,544 -- --
2024 $1,846 $13,851 -- --
2023 $1,741 $13,192 $0 $0
2022 $1,750 $12,563 $0 $0
2021 $1,740 $11,395 $0 $0
2020 $1,687 $11,395 $0 $0
2019 $1,665 $14,609 $0 $0
2018 $1,628 $9,844 $0 $0
2017 $1,619 $9,844 $0 $0
2016 $1,563 $9,375 $0 $0
2015 $1,515 $8,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Kimberlin

    Realty Executives Arizona Territory

    (520) 490-2920

    2 in this area

    177 Total Sales

    Ashley Kimberlin
    Section Image

  • L

    Buyer's Agent in 2021

    Laura Baldwin

    Ochoa Realty & Property Management

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 22103693

MLS of Southern Arizona

APN: 123-15-0500

Arizona Pima County Tucson 85719 North University

823 E Lee St, Tucson, AZ

Not Listed for Sale

Detached

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