14 days on rocket

Backup Offers

502 E 2nd St, Tucson, AZ, 85705

$489,000

Home List Price

$5,807*

Closing Credit

0 Baths
2,472 SqFt
$198/SqFt
Multi
Schools Nearby

Location

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502 E 2nd St, Tucson$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1937
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #22411009
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Contingent)

About 502 E 2nd St

Great Location near 4th avenue and downtown Tucson. One block from 4th Ave, street car, groceries, restaurants, theaters, bar/clubs and pickle ball courts. Ride the street car to the Mercado, downtown, MSA Annex, U of A main gate and more.. Two 2 bedroom units in main building. One 1 bedroom in separate building. All 3 units share washer/dryer outside back patio. Add a little TLC to this property and it should appraise for around $550K. 848 N 3rd Ave is on same tax record. Allow 48 hours for trustee to respond. Limited SPDS and No Insurance letter. No showings without accepted contract. Do NOT Disturb Tenants. Tenant Leases are Month to Month. Trustee will look at all offers Tuesday AM May 7th.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1937
  • Living Area: 2,472 SqFt

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (520) 867-4600

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Ceiling Fan(s)

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Tucson Magnet High School, Public Magnet Grades 9-12
  • Tusd - Distance Learning Program, Public District Grades 6-12
  • University High School, Public District Grades 9-12
  • Roskruge Bilingual Magnet Middle School, Public Magnet Grades PK-8
  • Mansfeld Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Speedway/Euclid, West to 3rd Ave,South to 2nd St, Property is on the corner of 3rd Ave and 2nd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $2,354
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tucson, AZ.

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Tucson, AZ

City

Med. List Price

$398.6K

Med. Price/SqFt

$235

Avg. Days On Market

61

# of Sold Homes

11

502 E 2nd St vs Tucson

14 DAYS ON ROCKET

-47 Days

$489,000

+$90.3K More

$198/SqFt

-$38 Less

KEY TAKEAWAY

This property is $90.3K more than the Median List Price and $38/SqFt less than other homes in Tucson, AZ.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #22411009

Listing Office:

  • Office Name: RE/MAX Professionals
  • Office Phone: (520) 867-4600

IDXThe data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 1998Home Sold
$112,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,354$15,901
2020$2,353$15,901
2019$2,271$29,489
2017$2,259$13,736

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2832940
4
/10

  • Roskruge Bilingual Magnet Middle School

  • 501 E 6th St

  • 0.29 miles

  • Public Magnet Grades PK-8

school-card-donut-2832941
4
/10

  • Mansfeld Middle School

  • 1300 E 6th St

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-2832942
7
/10

  • Tucson Magnet High School

  • 400 N 2nd Ave

  • 0.41 miles

  • Public Magnet Grades 9-12

school-card-donut-2832943
4
/10

  • Tusd - Distance Learning Program

  • 440 S Park Ave

  • 1.14 miles

  • Public District Grades 6-12

school-card-donut-2832944
10
/10

  • University High School

  • 421 N Arcadia Ave

  • 4.40 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,677. The majority of Tucson, AZ residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Pima County›Tucson›85705›502 E 2nd St

This home is located at 502 E 2nd St in Tucson, AZ and zip code 85705 in the Ward 6 neighborhood. This 2,472 square foot home, which was built in 1937, sits on a 0.19 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $489,000.

Between March 2024 and April 2024, Tucson, AZ real estate market has seen increase in the number of listings by 67.9%. The median list price of listings available in April 2024 was $398,699, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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