5301 E Glenn Street, Tucson, AZ 85712 (MLS# 21331192)

$1,800,000

5301 E Glenn Street
Tucson, AZ 85712
MLS# 21331192
Status: Closed
27020 sqft

1 / 4

Property Description
Gated 28 single story condominiums in clusters of four. Fourteen 900 Sq FT 2 bedroom and Fourteen 1200 SQ Ft 3 bedroom units. Separate laundry facilities, pool, ramada, and covered parking. Individually fenced yards. Nice common areas between clusters. Individually fenced yards. Nice common areas from Tucson Medical Center and half block to Ft. Lowell Park. Approved Condo Map.

Details

Maps

Address Information

Country: USA

Street #: 5301

Direction: E

Street Name: Glenn

Suffix: Street

State/Province: AZ

Zip Code: 85712

County: Pima

Location, Tax & Legal

Tax Year: 2012

Taxes: 17058

Assessments: 0

Legal Description: Glenn Terrace Condominiums Unit 1-28

Township: 13

Community: None

Range: 14

Section: 35

Municipality/Zoning: Tucson – R2

Fire Protection: Included in Taxes

Tax Code: 110-08-4360

Area: Central

Subdivision: Glenn Terrace Condominiums

Contract Information

Distressed Info: None

Current Price: $1,800,000

Sold Price: $1,800,000

Listing Date: 2013-11-18

Status: Closed

Status Change Info

Off Market Date: 2014-03-01

Sold Price/SqFt: 66.62

Lot Sz Sold Prc/SqFt: 20.98

How Sold: Conventional

Pending Date: 2014-04-24

Sold Date: 2014-04-30

Sold Price: $1,800,000

Showing Information

Directions: Glenn/Craycroft West to address (Glenn & Beverly).

General Property Information

Lot Dimensions: Irregular

Lot Acres: 1.97

Lot Sqft: 85813

Lot Size Source: Assessor

List Price/SqFt: 78.65

Lot Size Price/SqFt: 24.76

Combined SqFt: 27020

Year Built: 1972

Unit Info

Avg Mo Rent/Studios: 0

# of Units/1 BR: 14

Avg Mo Rent/1 BR: 725

# of Units/2 BR: 14

Avg Mo Rent/2 BR: 850

Avg Mo Rent/3 BR: 0

Avg Mo Rent/Other: 0

Income

Vacancy Loss: 19845

Other Income: 3000

Adjusted Gross: 247755

Total Expenses: 100056

Gross Scheduled Rent: 264600

Net Opp Income: 147699

Analysis

Gross Rent Multi: 7.27

Vacancy Rate %: 7.5

Exp/SqFt: 3.7

Exp % of Gross: 40.39

Cap Rate %: 8.21

Construction

Brick: 1

Expenses

Admin Expenses: 0

Capital Expenses: 0

Contract Services: 2478

Figures Presented: Proforma

Gas/Electric: 6194

Insurance: 9910

Maintenance Supplies: 19820

Management: 24776

Resident Manager: 0

Taxes/Assessments: 17058

Water/Sewer: 19820

Other Expenses: 0

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Neighborhood Features

Gated Community: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Terms

Cash: 1

Conventional: 1

Property Disclosures

Lead Based Paint: 1

Military Airport Vct: 1

Miscellaneous

Master Water Meter: Yes

Package Available: Yes

Remarks Misc

Geo Lat: 32.258217

Geo Lon: -110.879385

Property Features

Construction: Brick

Main Cooling: Central Air

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Neighborhood Features: Gated Community

Terms: Cash; Conventional

Property Disclosures: Lead Based Paint; Military Airport Vct

Listing Office: Long Realty Company

Last Updated: December – 08 – 2024

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