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725 East Lester Street

725 East Lester Street, Tucson, AZ 85719
Multifamily in Ward 3
Sold Jan 29, 2021
$305,000
$213,500 by 5th Street Capital Inc
Mortgage Due Apr 01, 2061
Sold May 09, 2006
$274,000
$55,000 by Abn Amro Mortgage Group Inc
Mortgage Due Jun 01, 2036
725 East Lester Street in Tucson, AZ was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. 725 East Lester Street has 1,678 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,491 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asbestos. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of a combination of material. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Jan 27, 2021 for $305,000. That's $181.76 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2006 for $274,000. 725 East Lester Street was last assessed in 2024. The total value of the property was assessed at $17,312. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,176. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,491
  • Total Building Area: 1,678
  • Gross Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,678
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILTMORE RESUB
  • Land Acres: 0.149
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: BILTMORE RESUB W35 OF LOT 11 & E9 OF LOT 10 BLK 9

Ownership

  • Current Owner : RUSSELL DAVID BRIAN
  • Current Owner 2: RUSSELL CARLA TSANG
  • Previous Owner : WILLIAMS GEOFFREY A
  • Previous Owner 2: WILLIAMS VALERIE A
  • Owner Before Previous Owner: KOCH NORBERT T
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Tucson Unified District
  • Census Tract: 001400

Zoning

  • Zoning: C1

Geography

  • Assessors Map Reference: 06-14S-14E
  • District: UNIVERSITY
  • Parcel: 123-14-129A
  • Block: 9
  • Lot: 11
  • Meridian: SEC 06 TWN 14S RNG 14E
  • Municipality: NORTHWEST
  • Latitude: 32.2439
  • Longitude: -110.96

    Address

  • Full Address: 725 E Lester St
  • Address - House Number: 725
  • Street Direction: E
  • Address - Street Name: Lester
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Tucson
  • Carrier Code: C020
  • 4-Digit Zip Code: 3935
  • Zip Code: 85719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,176
  • Tax Rate Code Area: 150

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 79
  • Final Value: 395,722
  • High Value: 459,644
  • Low Value: 331,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,500
  • First Open Lien Mortgage Lender: 5TH STREET CAPITAL INC
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $213,500
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2061

    Market Valuation

  • Market Total Value: $262,363
  • Market Land Value: $502
  • Market Improvement Value: $261,861

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $17,312

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11815803673
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210290991
  • Previous Sale Recording Date: May 09, 2006
  • Previous Sale Contract Date: May 04, 2006
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: May 09, 2006
  • Previous Mortgage Loan Amount: $55,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Ward 3



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Frequently Asked Questions

What neighborhood is 725 East Lester Street located in?
The 725 East Lester Street is a multifamily located in the neighborhood of Ward 3 in Ward 3, Tucson.
What is the average sales price for listings in 725 East Lester Street?
The average sales price for units in 725 East Lester Street is $0 currently.

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