NOT LISTED FOR SALE

3502 N Romero Rd Tucson, AZ 85705

Flowing Wells Neighborhood

Estimated Value: $284,000 - $942,453

-- Bed
-- Bath
11,044 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $392,500 $36 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,444/month

106 Days on Market

Highlights

  • 1.12 Acre Lot
  • Flowing Wells High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2015

Great opportunity to buy 4 fourplexes for a total of 16 units...must sell as a package. Units could be upgraded to increase potential income and value. 10 2 bed/1ba @ 700sqft and 6 1bd/1ba @500sqft.

Last Agent to Sell the Property

Cindy Monger

Long Realty Listed on: 02/11/2015

Co-Listed By

Jeffery Monger

Long Realty

Last Buyer's Agent

Cindy Monger

Long Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,660

Year Built

  • Built in 1954

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 120.22 x 390.05

Home Design

  • 11,044 Sq Ft Home
  • Quadruplex

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • $7,660 special tax assessment

Community Details

Overview

  • Unsubdivided Subdivision

Building Details

  • Insurance Expense $6,032
  • Professional Management Expense $7,755
  • Water Sewer Expense $7,850
  • Gross Income $79,152
  • Net Operating Income $38,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,660

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: 4 Plex
  • Legal Description: Long legal...call LA
  • List Price per Sq Ft: 37.12
  • Unit Info Average Monthly Rent One Bedroom: 425.00
  • Unit Info Average Monthly Rent Two Bedroom: 475.00
  • Unit Info Number Of Units1 B R: 6
  • Unit Info Number Of Units2 B R: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 11044.00

Exterior Features

  • Construction: Concrete Block

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air, Evaporative Cooling
  • Main Heating: Forced Air, Natural Gas
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Capital Expenses: 10000.00
  • Expenses Contract Services: 876.00
  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 7660.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 1.12
  • Lot Dimensions: 120.22 x 390.05
  • Lot Size Price Sq Ft: 8.40
  • Lot Sq Ft: 48788.00
  • Lot Sz Sold Prc Sq Ft: 8.05
  • Municipality Zoning: Tucson - C2

Building Info

  • Year Built: 1954

Tax Info

  • Tax Code: 106-12-017B
  • Taxes: 7660.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Thornburgh Robert G
Bought by
Romero Property Llc
Current Estimated Value
$587,363

Purchase Details

Listed on
Feb 11, 2015
Closed on
May 27, 2015
Sold by
F A T Lee Family Limited Partnership
Bought by
Romero Road Llc
Seller's Agent
Cindy Monger
Long Realty
Buyer's Agent
Cindy Monger
Long Realty
List Price
$392,500
Sold Price
$392,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Source: Public Records

Range of Values:

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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
Romero Property Llc -- None Listed On Document
Romero Road Llc $392,500 Long Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $392,500 0.0% $36 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $392,500 -- $36 / 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
2024 $2,065 $14,942 -- --
2023 $2,065 $14,231 -- --
2022 $2,080 $14,231 $0 $0
2021 $2,065 $13,147 $0 $0
2020 $2,025 $14,570 $0 $0
2019 $1,991 $12,521 $0 $0
2018 $1,988 $11,739 $0 $0
2017 $1,952 $11,739 $0 $0
2016 $1,883 $11,180 $0 $0
2015 $1,775 $10,648 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindy Monger

    Long Realty

  • J

    Seller Co-Listing Agent in 2015

    Jeffery Monger

    Long Realty

See All Agents

Map

Source: MLS of Southern Arizona

MLS Number: 21504567

MLS of Southern Arizona

APN: 106-12-017D

Arizona Pima County Tucson 85705 Flowing Wells

3502 N Romero Rd, Tucson, AZ

This home is located at 3502 N Romero Rd, Tucson, AZ 85705 since 11 February 2015 and is currently estimated at $587,363, approximately $53 per square foot. This property was built in 1954. 3502 N Romero Rd is a home located in Pima County with nearby schools including Flowing Wells Junior High School, Flowing Wells High School, and Academy Del Sol - Roger Road.

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.

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